Authored by the expert who managed and guided the team behind the Guatemala Property Pack
Yes, the analysis of Antigua's property market is included in our pack
Property prices in Antigua, Guatemala are rising steadily as we reach mid-2025, driven by foreign investment, tourism growth, and limited supply in the historic center. The Antigua residential market has shown consistent appreciation of 3-7% annually, with colonial properties and tourist-area developments leading price increases. Strong rental yields of 5.7-8.4% and growing international buyer interest continue to fuel demand in this UNESCO World Heritage colonial city.
If you want to go deeper, you can check our pack of documents related to the real estate market in Guatemala, based on reliable facts and data, not opinions or rumors.
Property prices in Antigua are increasing by 3-7% annually in 2025, with central colonial homes appreciating fastest due to limited supply and tourism demand.
Foreign investment accounts for over 20% of transactions, while rental yields remain strong at 5.7-8.4%, making Antigua an attractive investment destination.
| Market Indicator | Current Status (2025) | Key Details |
|---|---|---|
| Price Growth Rate | 3-7% annually | Historic center properties seeing highest appreciation, driven by scarcity and tourism demand |
| Average Colonial Home Price | $300,000-$600,000 | Central 3-bedroom colonial homes, with premium estates reaching $1M-$1.85M |
| Rental Yields | 5.7-8.4% | Among highest in Central America, particularly strong for short-term vacation rentals |
| Foreign Investment Share | 20%+ of transactions | Mainly from US and European buyers seeking colonial charm and investment returns |
| Population Growth | 74,100 by 2025 | 22% increase from 60,608, driving housing demand and urbanization |
| Land Prices (Central) | $60,000-$120,000 | Per 1,200 sq ft lot in gated communities or tourist corridors |
| Market Outlook | Rising demand | Strong fundamentals supported by tourism, infrastructure, and foreign investment |
This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.
How much have property prices increased in Antigua recently?
Property prices in Antigua have risen by 3-7% annually as we reach mid-2025, with the historic center experiencing the strongest appreciation.
The colonial properties in central Antigua have seen the most significant price increases, with some central colonial homes appreciating by 12% or more in 2024 due to tourism-driven demand. This represents a notable acceleration from the broader market trend.
Over the past five years (2020-2025), prices in central Antigua have increased by 10-15% cumulatively. Looking at a longer timeframe, the decade from 2015-2025 has delivered cumulative growth of 30-50% in prime areas, though this includes periods of rapid growth and some corrections during global downturns.
The peripheral and suburban areas have experienced more modest gains, typically 30-50% less than central equivalents, as urbanization and buyer preference shift toward city living and tourist corridors.
It's something we develop in our Guatemala property pack.
Which neighborhoods in Antigua are seeing the fastest price growth in 2025?
The historic center of Antigua is experiencing the fastest property price appreciation, particularly areas near the central park and iconic churches.
Properties located near major tourist attractions and main tourist corridors have seen above-average price growth, with some central colonial homes appreciating by 12% or more in 2024. The UNESCO World Heritage designation and strict building controls create artificial scarcity that drives up values.
Tourist corridors and areas close to new infrastructure projects are experiencing significant appreciation as well. Properties near planned or recently completed infrastructure improvements benefit from enhanced accessibility and desirability.
Conversely, peripheral and rural zones are seeing slower growth or even slight declines, as buyer preference continues to favor central locations with proximity to amenities and tourist attractions. The contrast between central and outlying areas continues to widen as foreign investment concentrates in the most desirable locations.
What are the current average property prices in Antigua as of June 2025?
Colonial homes in central Antigua typically range from $300,000 to $600,000 for a three-bedroom house, with premium estates reaching $1,000,000 to $1,850,000.
| Property Type | Price Range (USD) | Location Details |
|---|---|---|
| Central Colonial Homes | $300,000 - $600,000 | 3-bedroom houses in historic center, near landmarks |
| Premium Colonial Estates | $1,000,000 - $1,850,000 | Large restored properties, premium locations |
| Peripheral Properties | $180,000 - $360,000 | 30-50% less than central equivalents |
| Residential Land (Central) | $60,000 - $120,000 | 1,200+ sq ft parcels in gated communities |
| Gated Community Homes | $250,000 - $300,000 | 2,500 sq ft homes, 5 minutes from center |
| Luxury Mansions | $890,000 - $2,900,000 | 4+ bedrooms, swimming pools, volcano views |
| Price per Sq Meter (Central) | $1,500 - $2,500 | Restored colonial homes in prime locations |
What types of properties are appreciating the most in Antigua right now?
Colonial homes and centrally located land are appreciating the fastest, driven by tourism, expatriate demand, and strict development controls that limit supply.
Colonial properties in the historic center benefit from their scarcity value, as UNESCO heritage protections and strict building regulations prevent new construction that could increase supply. These homes appeal strongly to both foreign buyers seeking authentic colonial charm and investors targeting the vacation rental market.
Modern gated communities are also seeing strong appreciation, especially among affluent local and foreign buyers who value security, amenities, and modern conveniences. These developments typically appreciate 6-8% annually, representing solid but more moderate growth compared to historic properties.
Land in central areas and tourist corridors is experiencing 7-12% annual appreciation due to development potential and scarcity. Conversely, rural properties are showing minimal growth (0-2%) or even declining values due to lower demand and urban migration trends.
Are foreign investors driving up property prices in Antigua?
Foreign investors account for at least 20% of real estate transactions in Antigua, significantly influencing price trends and market dynamics.
Get fresh and reliable information about the market in Antigua
Don't base significant investment decisions on outdated data. Get updated and accurate information with our guide.
The majority of foreign buyers come from the United States and Europe, attracted by Guatemala's favorable investment climate, low property prices compared to their home markets, and the country's natural beauty. The Citizenship by Investment program, which requires a minimum real estate investment of $100,000 for residency, is supporting both luxury and mid-market segments.
Digital nomads represent a growing segment of foreign interest, attracted by flexible visa policies and lifestyle opportunities. This demographic is increasing demand for rentals and modern homes with reliable internet infrastructure, pushing developers to include coworking spaces and high-speed internet in new projects.
Technology has facilitated foreign investment, with virtual tours and remote purchasing increasing international buyer participation. Properties featuring virtual tours are selling for 9% more on average, demonstrating the premium foreign buyers place on detailed remote viewing capabilities.
It's something we develop in our Guatemala property pack.
What are the rental yields like in Antigua in 2025?
Rental yields in Antigua range from 5.7% to 8.4%, with short-term vacation rentals in tourist areas achieving the highest returns.
Properties in central Antigua and tourist corridors can achieve yields at the higher end of this range, particularly during peak tourism seasons when occupancy rates reach up to 98%. The median short-term rental occupancy rate in Antigua is 54%, providing consistent income streams for property owners.
Houses near tourist attractions and colonial properties suitable for vacation rentals typically generate yields of 6.5-8.4%, among the highest in Central America. This strong performance is driven by Antigua's status as Guatemala's second most visited tourist destination and the country's visa-free entry policy for 83 countries.
Long-term rental properties generally provide more modest yields of 4-6%, but offer greater stability and lower management requirements. The growing population and urbanization trends support sustained demand for traditional rental properties.
How do current mortgage rates affect the Antigua property market?
Mortgage interest rates in Guatemala are expected to stabilize around 6% for residential properties in 2025, supporting continued market activity.
Foreign buyers face more challenges accessing local financing, with loan-to-value ratios typically limited to 50% of appraised value. US dollar-denominated mortgages carry average interest rates of 7.5%, while local currency (Quetzal) mortgages average around 9%.
The stabilization of rates around 6% represents a favorable environment for borrowers compared to higher historical levels. Guatemala's steady economic growth of 3.5-3.7% annually supports lender confidence and rate stability.
Most foreign buyers choose to purchase properties with cash rather than navigate the local financing system, which contributes to the strong cash market dynamics. The country's favorable lending conditions for those who do qualify have attracted foreign interest and contributed to overall market appeal.
What infrastructure developments are impacting property values in Antigua?
Major infrastructure investments of $80-180 million in roads, bridges, and urban connectivity are raising property values in newly accessible areas by 10-15%.
We made this infographic to show you how property prices in Guatemala compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It's an easy way to spot where you might get the best value for your money. We hope you like it.
Road improvements and enhanced connectivity between Antigua and Guatemala City (45 minutes drive) continue to make the colonial city more accessible for both residents and tourists. These infrastructure upgrades reduce travel time and improve accessibility, making peripheral areas more attractive to buyers.
Urban policy plays a crucial role in maintaining property values, with strict development controls in central Antigua preserving the scarcity and value of colonial properties. The UNESCO World Heritage designation provides additional protection against overdevelopment.
Utility improvements, including better internet infrastructure to support the growing digital nomad population, are enhancing property values in areas with modern connectivity. These improvements are particularly valued by foreign buyers who require reliable technology for remote work.
What is the population growth doing to housing demand in Antigua?
Antigua's population is projected to increase from 60,608 to 74,100 by 2025, creating a 22% surge in housing demand.
This population boom is part of Guatemala's broader urbanization trend, with the urban population rate reaching 67.3% in 2025. People are migrating from rural areas to cities like Antigua for better employment opportunities and improved living conditions.
The demographic shift is creating strong demand for affordable housing in urban areas, particularly among younger buyers who are increasingly choosing city life over suburban alternatives. This trend is driven by concerns about affordability, quality of life, and proximity to employment centers.
The growing population combined with limited land availability due to building restrictions creates upward pressure on both property prices and rental rates. The supply constraints in the historic center ensure that demand growth translates directly into price appreciation.
What are the property price forecasts for Antigua through 2030?
Property prices in Antigua are forecast to continue growing at 3-7% annually through 2030, with urban and tourist areas at the higher end of this range.
The moderate but steady growth projection reflects several supporting factors: Guatemala's stable economy, increasing tourism to Antigua, and continued interest from North American buyers seeking affordable second homes. The country's GDP growth of 3.5-3.7% provides a solid economic foundation for real estate appreciation.
Short-term forecasts (2025-2030) suggest continued appreciation if tourism and foreign investment trends persist. The main risk to prices would be oversupply in certain segments, particularly new condominium developments targeting the upper-middle market.
However, the limited availability of colonial properties and strict building regulations in the historic center should maintain upward pressure on prices in the most desirable areas. Long-term risks include potential political or economic shocks, overdevelopment, or global tourism downturns that could moderate or reverse gains.
It's something we develop in our Guatemala property pack.
How does Antigua's market compare to other Central American destinations?
Antigua's 3-7% annual price growth is competitive with top regional markets like Panama City and San José, Costa Rica, but offers less volatility and higher rental yields in tourist zones.
Rental yields of 6.5-8.4% in Antigua and nearby Lake Atitlán are among the highest in Central America, providing superior income potential compared to many regional alternatives. The combination of strong tourism fundamentals and UNESCO heritage protection creates a unique value proposition.
Antigua benefits from scarcity value due to strict development controls and UNESCO status, protecting against overdevelopment that has affected some regional competitors. This regulatory environment helps maintain property values and prevents market oversaturation.
The relatively stable political environment in Guatemala under President Bernardo Arévalo's administration, focused on anti-corruption and infrastructure investment, provides additional confidence compared to some Central American markets facing greater political uncertainty.
Conclusion
This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.
Property prices in Antigua, Guatemala are definitely rising as we move through 2025, with strong fundamentals supporting continued appreciation.
The combination of limited colonial property supply, growing tourism, foreign investment interest, and population growth creates a compelling case for sustained price increases in this UNESCO World Heritage city.
Sources
- TheLatinvestor - Antigua Property Market Analysis
- TheLatinvestor - Guatemala Real Estate Market Statistics
- TheLatinvestor - Antigua Real Estate Trends 2025
- TheLatinvestor - Guatemala Hottest Real Estate Areas
- TheLatinvestor - Guatemala Property Investment Guide
- TheLatinvestor - Antigua Price Forecasts
- Statista - Guatemala Residential Real Estate Market Forecast
- Global Property Guide - Guatemala Price History