99% of what you need to know before buying real estate in Guatemala

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THE GUATEMALAN PROPERTY MARKET IN 2024

If you're thinking about buying property in the Land of Eternal Spring, there are a few things you should know about the market.

Skip the lengthy 100-page reports filled with complex words, old info, and unsupported opinions. This document is different. Data is fresh and presented in easy words, useful graphs, and engaging charts.

After just 20 minutes of reading, you'll know more than 95% of people considering property investment in Guatemala.

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PRICES, RENTS AND YIELDS IN GUATEMALA IN 2024

How much for a flat in Guatemala City? What are the average yields in Guatemala? What's the rental income potential?

This report will give you solid answers, using data sourced from our analysis of over 1,900 properties that have been available on the market. Then, you will know what you can expect when you're hunting for properties.

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ANALYSIS - IS NOW A GOOD TIME TO BUY?

Is now a good time to invest in property in Guatemala? Some sources might suggest so, but Guatemalan friends might have doubts. Remember, opinions are perspectives and may not always be firm.

In this document, we take the last notable trends in Guatemala (prices, yields, inflation, political climate, investor confidence, etc.) and tell you what they mean. Then, you can decide to go ahead or not.

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ANATOMY OF A GOOD / BAD PROPERTY DEAL

Did you check out a property you're thinking of buying? Not sure if it will make a good investment? Well, it's actually not too hard to determine.

Bad property investments in Guatemala always follow the same pattern. If we check certain things, we can easily determine if an investment is likely to fail or not. Wondering what to check? This document has all the answers for you.

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THE FULL BUYING PROCESS, STEP BY STEP

Do you need a notary or a lawyer? When do we give the deposit in Guatemala? How do you ensure proper property ownership? Are there any particularly error-prone stages?

From the start of your property search to the moment you obtain the keys of your property, this document will be your go-to guide. Use it frequently to double-check every important aspect to ensure nothing is overlooked and that everything is progressing as it should.

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17 CONTACTS TO BUY A PROPERTY IN GUATEMALA

The right people can make you save time and money. With that in mind, we've compiled a complete list of contacts you'll find indispensable while buying property in Guatemala. From A to Z, we've got you covered.

Inside this document, you'll have access to: Guatemalan real estate agents, property listing websites, Guatemalan real estate lawyers, property insurance agents, property managers, moving companies, and even expat communities in Guatemala.

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WHAT YOU NEED TO CHECK BEFORE BUYING

Neglecting 'Registro de Información Catastral,' misunderstanding 'Patente de Rodados,' and not considering 'Impuesto de Timbres Fiscales'... people make similar mistakes when investing in Guatemalan property.

Without knowing the legal and cultural landscape well, it's easy to fall into common traps that have led many to regrettable financial outcomes. Don't be another one.

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ALL THE DOCUMENTS AND WHAT THEY MEAN

Do you understand the purpose of a 'Certificado de Titulo' in Guatemala? What are the key points to consider when obtaining a 'Contrato de Compra Venta'? Do you know about 'IGSS'?

Our team has reviewed all the documents you'll encounter when dealing with property – whether you're buying, renting, selling, or living in one. Each document is explained briefly: its purpose, when to use it, who provides it, and key things to be cautious about.

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WHERE AND HOW TO GET A MORTGAGE AS A FOREIGNER

If you're seeking financing options in Guatemala, this guide will prove to be highly valuable.

We have gathered all the information you need to apply for a mortgage with banks in Guatemala. This includes details on eligible banks, step-by-step guidance for the entire process, and helpful tips to increase your chances of getting approved. We also highlight common mistakes to avoid.

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HOW TO RENT OUT QUICKLY

If you're aiming to swiftly rent out your property in Guatemala, understanding Guatemalan cultural norms is essential.

You might not know where to find tenants fast, how to set the right rent, or what to put in the rental agreement.

Here are some useful tips, with insider knowledge, that will help you save time and money.

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FOCUS ON ANTIGUA

If colonial architecture and Caribbean beaches resonate with you, savoring Antiguan cuisine is a delight, and you're drawn to a blend of island charm and vibrant local culture, Antigua welcomes you.

This report offers solid facts and data about this place: neighborhood analysis, yields, rentals, budget-based options, market strategies, and pitfalls.