None. Our service is free for the tenant and the commission is paid by the owner.

A short term rental is from 1 night to 1 month. This rent can be extended month by month. A long-term rental income is 6 months and up.

Yes, it is necessary to sign a lease for any rental. The contract stipulates all the conditions of term, monthly rent, payment of services, rights and obligations of both parties. The contract fees are paid by the tenant.

In addition to the contract fees, you must pay the first rent in advance plus a deposit equal to the first month’s rent.

The cost of the contract depends on the term and the amount of the monthly rent. You can request an exact quote with our rental department.

Electricity, water, cable T.V. and Internet and others are normally included in the short term rental. In long-term rentals, the client will pay them according to consumption.

The services do not need to be in the tenant’s name. They generally remain in the owner’s name and the lease stipulates who should pay for them.

You must fill out a rental application with personal data and provide personal and commercial references that will be verified in the credit bureau. In some cases, a guarantor will be required to also sign the lease and guarantee the rent.

You must fill out a rental application with personal data and provide personal and commercial references that will be verified in the credit bureau. In some cases, a guarantor will be required to also sign the lease and guarantee the rent.

Depending on the rental term, a penalty percentage applies for each month of non-compliance.

The security deposit is guarded by the owner. The deposit is returned at the end of the contract and all monthly rentals are canceled, there are no outstanding service balances (depending on the term) and there is no damage to the property. If there are balances, they will be deducted from the security deposit.

In La Antigua Guatemala there are specific areas where you can open a business depending on the type of business, so a municipal permit is required to operate.

All permits must be processed by the tenant and our rental department can provide you with all the necessary documentation to expedite your process.

None. Our service is free for the tenant and the commission is paid by the owner.

None. Our service is free for the tenant and the commission is paid by the owner.

Financing in Guatemala for foreigners is possible, although the requirements are quite extensive and the bank may even require a Guatemalan guarantor to guarantee the loan. The normal conditions that you can expect are: Down payment between 20% and 30% of the total, maximum term 25 years, variable annual interest between 7% and 8%.

The Property Registry is the only entity that can guarantee the authenticity of a property and you must hire a lawyer to take care of the verification process and register the property on your behalf. Our sales department has online access to the Land Registry to verify all the history and assists you throughout the process for your peace of mind.

All properties must be duly registered in the Property Registry. Some properties have other types of rights that do not have the same legal certainty. Additionally, some properties that are adjacent to a body of water, such as lakes and oceanfront properties, are generally owned by the Guatemalan government, who leases the properties under 30-year renewable contracts, through O.C.R.E.T. (Office of Control of Territorial Reserves of the State)

Once you find the ideal property, you must submit a purchase proposal for the owner’s consideration. This proposal or offer must be submitted in writing, stipulating the conditions of purchase. Our Sales Department can provide you with the offer format that must include: Value of the offer, payment method and special conditions. The owner will also respond in writing to the offer. At the time of reaching an agreement, the business must be formalized through a legal contract in front of a lawyer.

When buying a property, you must pay the legal fees of your lawyer and the registration costs that are generated. Additionally, you must pay I.V.A. (Value added tax), which is paid once at the time of purchase. The percentage of this tax varies between 3% and 12% of the purchase value and depends on whether it is a first purchase or re-sale. For more detailed information, you can contact our department or read our article “The purchase process”.

For properties there is only one type of tax called I.U.S.I. (Single tax on real estate) and the tax percentage corresponds to 0.9% of the registration value in the municipality of the place where you acquire your property.

The option of rent with option to buy is feasible. This option allows you to set the purchase price today at a specified term, paying the rents paid as part of the purchase. To carry out this option, you must sign a contract at the beginning and pay an amount that will remain as part of payment or penalty in case of not buying at the end of the agreed period.

Absolutely. The recommendation is that a specialist can verify the condition of the property even before submitting the offer. In this way, you can determine the cost of any possible repairs that you have to carry out after purchasing it. The cost of the inspection is borne by the buyer.