Property Guatemala: is there anyone?
The Central American country, which for more than a quarter of a century suffered from civil war, overcame many problems and embarked on a path of sustainable development. The Guatemalan real estate market is open to investors, but, apparently, they are still in no hurry to master this direction.
Every year many tourists come to the country, dreaming to visit the famous ruins of the ancient civilization of the Maya Indians. Many travelers are attracted by the opportunity to plunge into the untouched world of the wild nature of Guatemala. The authorities of the country are trying, and not unsuccessfully, to turn Guatemala into a popular international destination for eco-tourism. & laquo; We have everything you need & ndash; the coast of the Caribbean Sea and the Pacific, rivers, lakes, volcanoes and forests & raquo ;, & ndash; says Maria Isabel Garcia, employee of the Guatemalan real estate agency Inversiones de Guatemala.
Naturally, Guatemala failed to avoid the global economic crisis, which affected the country’s real estate market. & laquo; Now the market has slowed down, & ndash; says Maria Isabel Garcia. & ndash; Banks do not take risks and do not give out loans, and buyers who have the necessary funds on the market quite a bit & raquo ;. Among investors in foreign real estate the most popular are the area of Lake Atitlan, the neighborhood of Tikal & ndash; the largest city of the Maya, and also Antigua. On average, local real estate costs about $ 1 – $ 1,5 thousand per sq. M. m, but prices vary greatly depending on the location of the object.
A look into the future.
Translation: Nikolai Strelnikov.
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