Banco G&T Continental is offering an investment credit product aimed at individuals seeking to purchase real estate in Guatemala for income generation, such as rentals, renovations, or future resale. The financial institution positions this loan as a means for customers to add properties to their investment portfolios with the backing of a trusted local bank.
The investment credit features a minimum down payment of 20% on the property’s value and repayment terms extending up to 15 years. According to Banco G&T Continental, this extended period allows borrowers to structure manageable payment plans and potentially cover monthly installments through rental income.
Interest rates are described as competitive and can be set in either quetzales or US dollars, providing flexibility based on the borrower's needs. This is intended to give applicants clarity regarding long-term costs and help them make informed decisions about expected returns.
To apply for the investment credit, prospective borrowers must provide basic documentation including a copy of their DPI (personal identification), proof of address, NIT card copy, recent income statement, required forms package, commercial appraisal of the property in question, bank statements from the past three months, and a completed loan application. Applicants must be between 23 and 70 years old, have a minimum monthly income of Q7,000, and seek financing for at least Q250,000 or its equivalent in dollars.
Banco G&T Continental states: "At G&T Continental we also guarantee advice at every stage, from application to closing, hoping that the process will be agile and without setbacks."
The bank suggests this product is suitable for those starting or expanding real estate portfolios—whether purchasing properties for rent, renovation or resale—and for those interested in investing in commercial spaces but lacking full upfront capital. They emphasize the importance of planning and market analysis before making an investment decision: "Of course, like any investment, it requires planning and analysis. In this way, getting good advice, projecting monthly income and expenses as well as evaluating real estate market behavior will always be necessary."
Banco G&T Continental concludes that acquiring property through its investment credit can offer stability and growth opportunities: "Acquiring a property with our investment credit can provide you with stability, profitability and peace of mind in your finances. With flexible conditions, competitive rates and a professional advisory team you can take an important step towards growing your wealth."
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