Buying real estate in Guatemala?

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What is the average house price in Guatemala?

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Authored by the expert who managed and guided the team behind the Guatemala Property Pack

buying property foreigner Guatemala

Everything you need to know before buying real estate is included in our Guatemala Property Pack

Guatemala's property market offers exceptional value with average house prices ranging from $50-150 per square meter in rural coastal areas to $2,000+ per square meter in premium Guatemala City zones.

As of September 2025, mid-range city properties typically cost $120,000-250,000, while luxury homes in zones 10, 15, and 16 can reach $1-2.5 million. The market has grown 4-8% annually in prime areas, making it an attractive destination for both investors and those looking to relocate.

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.

How this content was created 🔎📝

At The LatinVestor, we explore the Guatemala real estate market every day. Our team doesn't just analyze data from a distance—we're actively engaging with local realtors, investors, and property managers in cities like Guatemala City, Antigua, and around Lake Atitlán. This hands-on approach allows us to gain a deep understanding of the market from the inside out.

These observations are originally based on what we've learned through these conversations and our observations. But it was not enough. To back them up, we also needed to rely on trusted resources

We prioritize accuracy and authority. Trends lacking solid data or expert validation were excluded.

Trustworthiness is central to our work. Every source and citation is clearly listed, ensuring transparency. A writing AI-powered tool was used solely to refine readability and engagement.

To make the information accessible, our team designed custom infographics that clarify key points. We hope you will like them! All illustrations and media were created in-house and added manually.

What's the current average house price in Guatemala?

As of September 2025, Guatemala's average house prices vary significantly by location and property type.

In Guatemala City's central districts, most properties range from $1,000-2,000 per square meter, while luxury zones like Zona 10, 15, and 16 start around $2,000 per square meter and can go much higher.

Antigua Guatemala offers more affordable options at $500-800 per square meter for restored colonial properties or new central condos. Lake Atitlán provides the most budget-friendly prices at $150-600 per square meter, with lakefront premium properties at the top end.

Coastal areas represent the most affordable segment, with land prices ranging from $50-150 per square meter, though developed homes command significantly higher prices.

Mid-range city apartments and houses typically cost between $120,000-250,000 for properties ranging from 100-200 square meters.

How does the average price vary by property type?

Property types in Guatemala show distinct pricing patterns based on location and luxury level.

Apartments and condos in urban centers typically cost $1,000-2,000 per square meter in city centers, $600-1,000+ per square meter in suburbs, and $500-800 per square meter in Antigua.

Single-family homes generally range from $1,000-2,000 per square meter in the capital, with lower prices in suburban and rural areas. The pricing depends heavily on location, with city properties commanding premium rates.

Luxury villas start at $2,000 per square meter in prime city zones, $500-800 per square meter in Antigua, and around $600 per square meter for lakefront properties. High-end luxury homes can easily exceed $1 million, with some Guatemala City properties reaching $2.5 million or more.

It's something we develop in our Guatemala property pack.

What are the most expensive, budget-friendly, and up-and-coming areas in Guatemala?

Segment Area(s) Typical Price Range
Most Expensive Guatemala City (Zones 10, 14, 15, 16), Antigua historic center, Lake Atitlán lakefront $2,000/m²+ (city), $1,000,000+
Budget-Friendly Rural/coastal, city outskirts, Petén, Pacific coast areas $50–$600/m², land from $60,000
Up-and-Coming Retalhuleu, Santa Catarina Palopó, Cobán, new Pacific beach communities Lower today, rising 5–8%/year
Tourist Premium Antigua Guatemala center, prime Lake Atitlán locations $500-800/m² (Antigua), $400-600/m² (lake premium)
Suburban Value Guatemala City outskirts, secondary cities $600-1,000/m²

How do prices differ between major cities, suburban areas, and rural locations?

Guatemala's property market shows significant price variations between urban, suburban, and rural areas.

Major cities like Guatemala City and Antigua command the highest prices, with central Guatemala City areas ranging from $1,000-2,000 per square meter and Antigua at $500-800 per square meter.

Suburban areas around Guatemala City typically cost $600-1,000 per square meter, offering better value while maintaining access to city amenities and infrastructure.

Tourist areas like Lake Atitlán fall into a middle category at $150-600 per square meter, with lakefront properties commanding premium prices within this range.

Rural areas offer the most affordable options, with land and basic homes starting from $50 per square meter, and many complete houses available for under $100,000.

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investing in real estate in  Guatemala

What's the typical price per square meter for different property types in key areas?

Area/Type Avg. Price/m² (USD) Property Characteristics
Guatemala City (central apt.) $1,000–$2,000 Modern condos, good amenities
Guatemala City (luxury) $2,000+ Premium zones, high-end finishes
Antigua Guatemala $500–$800 Colonial charm, tourist appeal
Lake Atitlán $150–$600 Lakefront views, natural setting
Pacific Coastal land $50–$150 Development potential, beach access
Rural residential $50–$200 Basic infrastructure, large lots

What's the total purchase cost including fees, taxes, and other expenses?

Guatemala's property purchase costs include several additional fees beyond the listed price.

Buyer closing costs typically total 4-5% of the property value, including 0.15% registration fees, 1% legal costs, 3% stamp duty, plus various administrative expenses.

For new builds, buyers face 12% VAT instead of the 3% stamp duty, making new construction slightly more expensive in terms of transaction costs.

Annual property tax ranges from 0-0.9% per year, calculated on an incremental basis using market value brackets, with most property owners paying 0.2-0.6% annually.

When reselling, capital gains tax applies at rates of 4-10% depending on the holding period and gain amount. Adding all acquisition costs, buyers should budget an additional 4-5% above the headline purchase price.

What are some real example purchase prices for properties currently on the market?

Current Guatemala property listings as of September 2025 show diverse pricing across different market segments.

Guatemala City Zona 15 luxury condos and houses range from $1,180,000-2,500,000 for properties spanning 400-1,350 square meters.

Mid-range Guatemala City properties typically cost $120,000-250,000 for 100-200 square meter units, offering good value for urban living.

Antigua colonial homes vary dramatically from $150,000-1,000,000 depending on size (80-400 square meters) and restoration quality, while modern Antigua condos cost $100,000-300,000 for 70-150 square meters.

Lake Atitlán lakefront properties range from $80,000-800,000 for 100-500 square meter properties, with premium locations commanding higher prices.

Pacific coast properties in areas like Monterrico span $60,000-1,000,000 for lots ranging from 100-3,000 square meters, depending on beachfront access and development level.

How have property prices changed compared to one and five years ago?

Guatemala's property market has shown consistent growth over recent years, with notable acceleration in popular areas.

Over the past year, prime areas including Guatemala City, Antigua, and major tourist destinations have appreciated 4-8%, while the nationwide average increased 3-5%.

The five-year performance shows more dramatic gains, with Guatemala City properties up 15-25% and select expat and tourist hot spots experiencing increases of up to 60%.

This growth pattern reflects increasing international interest in Guatemala as both an investment destination and relocation option, particularly among North American retirees and remote workers.

It's something we develop in our Guatemala property pack.

infographics rental yields citiesGuatemala

We did some research and made this infographic to help you quickly compare rental yields of the major cities in Guatemala versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you're planning to invest there.

What's the forecast for property prices in one, five, and ten years?

Time Horizon Annual Growth Total Gain Estimate
1 year (2026) 4–8% 4–8% increase
5 years (2029/30) 3–8% 28–34% (city), 30–40%+ (tourist)
10 years (2035) 5–6% 63–79% total increase
Prime tourist areas 6–10% Higher growth potential
Emerging areas 8–12% Highest growth potential

If you're buying to live in, what are the smartest choices right now?

For live-in buyers, Guatemala offers excellent lifestyle options across different price points and preferences.

Guatemala City zones 10, 14, and 16 represent the best choice for professionals and families, offering security, amenities, quality schools, and business infrastructure.

Antigua provides unmatched colonial charm combined with a vibrant expat community and rich cultural life, making it ideal for those seeking a more relaxed, historic environment.

Lake Atitlán attracts nature lovers, digital nomads, and those wanting a more relaxed lifestyle surrounded by stunning natural beauty and lower living costs.

Beach areas suit retirees and those seeking second homes, though infrastructure is more limited compared to urban and tourist centers.

If you're buying to rent out, what works best for short-term vs long-term rentals?

Guatemala's rental market offers strong opportunities for both short-term and long-term rental strategies.

Short-term rentals perform best in Antigua, Lake Atitlán, and premium Guatemala City condos, benefiting from high tourist and expat demand with typical gross yields of 8-12%.

Long-term rentals work well with suburban condos and houses near tech parks and shopping centers in Guatemala City, along with townhouses and new upscale builds targeting local professionals.

Overall rental yields typically range from 6-10% gross across different property types and locations, with tourist areas generally commanding higher rates but requiring more management.

The growing expat community and expanding tourism sector continue to drive demand for quality rental properties in prime locations.

It's something we develop in our Guatemala property pack.

If you're buying to resell later, which areas offer the best potential returns and how does this compare to similar markets?

Guatemala offers exceptional resale potential compared to other Central American markets, particularly for strategic buyers.

Zones 14-16 in Guatemala City, central Antigua, up-and-coming lake towns, and new coastal developments represent the highest potential for capital appreciation.

Guatemala compares very favorably to Costa Rica and Panama, remaining much more affordable while delivering strong annual gains and better entry value for investors.

The country's political stability, growing tourism sector, and increasing expat population create fundamental drivers for continued property appreciation.

Emerging areas like Retalhuleu, Santa Catarina Palopó, and new Pacific beach communities offer the highest growth potential, with annual increases of 5-8% expected to continue.

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.

Sources

  1. Guatemala Price Forecasts
  2. Average House Price in Guatemala
  3. Guatemala Real Estate Video Guide
  4. Guatemala Which Area
  5. Global Property Guide Guatemala
  6. Siglo XXI Real Estate
  7. Biz Latin Hub Guatemala Property
  8. Chambers Practice Guides