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Everything you need to know before buying real estate is included in our Guatemala Property Pack
Apartment prices in Guatemala City vary significantly depending on location, with central zones commanding premium rates while suburban areas offer more affordable options.
As of September 2025, buying an apartment in Guatemala City requires a budget ranging from $60,000 for basic units outside the center to over $500,000 for luxury properties in exclusive zones like Zona 10 or Zona 14.
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.
Guatemala City apartment prices range from $915 to $2,000 per square meter, with central areas commanding the highest premiums.
One-bedroom apartments cost $80,000-$120,000 in the city center and $60,000-$80,000 in suburban areas, while luxury three-bedroom units can reach $500,000 in premium zones.
| Property Type | City Center Price Range | Outside Center Price Range |
|---|---|---|
| 1-bedroom apartment | $80,000 - $120,000 | $60,000 - $80,000 |
| 2-bedroom apartment | $120,000 - $220,000 | $90,000 - $150,000 |
| 3-bedroom apartment | $180,000 - $350,000 | $130,000 - $250,000 |
| Price per square meter | $1,403 - $1,425 | $915 - $1,070 |
| Luxury zones (Zona 10/14) | $1,500 - $2,000/m² | N/A |
| Monthly HOA fees | $100 - $400 | $80 - $250 |
| Annual property tax | 0.2% of assessed value | 0.2% of assessed value |
What's the average price per square meter for apartments in Guatemala City right now?
As of September 2025, apartment prices in Guatemala City range from $915 to $2,000 per square meter depending on location and quality.
Central Guatemala City apartments cost between $1,403 and $1,425 per square meter. This price range covers most downtown areas and well-connected neighborhoods with good infrastructure and amenities.
Suburban and outskirt areas offer more affordable options at $915 to $1,070 per square meter. These areas typically require longer commutes to the city center but provide better value for money, especially for larger apartments.
Upscale zones like Zona 10 and Zona 15 command premium prices between $1,500 and $2,000 per square meter. These exclusive neighborhoods attract wealthy locals and foreign buyers seeking luxury amenities, security, and prestige locations.
It's something we develop in our Guatemala property pack.
How much does a typical one-bedroom apartment cost to buy in the city center?
One-bedroom apartments in Guatemala City's center typically cost between $80,000 and $120,000 as of September 2025.
The lower end of this range, around $80,000, usually gets you a smaller unit (50-60 square meters) in an older building or a less premium central location. These apartments often require some renovation or updates but offer good entry-level access to central living.
Mid-range options between $90,000 and $100,000 typically offer 60-70 square meters in well-maintained buildings with basic amenities. These properties usually feature modern fixtures, reliable utilities, and decent security measures.
Premium one-bedroom apartments approaching $120,000 often include luxury finishes, building amenities like gyms or pools, prime central locations, and sizes reaching 80 square meters. These units frequently come in new or recently renovated buildings with enhanced security systems.
How much does a typical one-bedroom apartment cost to buy outside the city center?
One-bedroom apartments outside Guatemala City's center cost between $60,000 and $80,000, offering significant savings compared to central locations.
Budget-friendly options start around $60,000 for apartments in developing suburban areas or zones requiring longer commutes. These properties often provide 60-75 square meters of space, making them attractive for first-time buyers or investors seeking rental income potential.
Mid-range suburban apartments between $65,000 and $75,000 typically offer better locations with improved access to transportation, shopping centers, and local amenities. These units often feature modern construction standards and reliable infrastructure.
Higher-end suburban properties reaching $80,000 usually provide larger spaces (75-90 square meters), newer construction, or locations in well-established residential areas with good safety records and community facilities.
What's the price range for two-bedroom apartments in central neighborhoods?
Two-bedroom apartments in Guatemala City's central neighborhoods range from $120,000 to $220,000, with luxury options extending to $350,000.
Entry-level two-bedroom units around $120,000 to $150,000 typically offer 80-90 square meters in older central buildings. These apartments provide good access to downtown amenities while maintaining affordability for middle-class buyers.
Mid-market options between $150,000 and $200,000 usually feature 90-110 square meters in well-maintained buildings with standard amenities. These properties often include updated kitchens, modern bathrooms, and reliable building services.
Premium two-bedroom apartments from $200,000 to $350,000 typically offer 110-130 square meters in luxury high-rises within Zona 10, Zona 14, or Zona 15. These units feature high-end finishes, building amenities like pools and gyms, and enhanced security systems.
What's the price range for three-bedroom apartments in central neighborhoods?
Three-bedroom apartments in central Guatemala City neighborhoods range from $180,000 to $350,000, with luxury properties exceeding $500,000.
Standard three-bedroom units between $180,000 and $250,000 typically provide 110-130 square meters in established central buildings. These apartments offer good space for families while maintaining reasonable pricing for central locations.
Premium options from $250,000 to $350,000 usually feature 130-150 square meters in modern buildings with enhanced amenities. These properties often include updated appliances, quality finishes, and access to building facilities like parking, security, and recreational areas.
Luxury three-bedroom apartments exceeding $350,000 can reach $500,000 or more in exclusive zones like Zona 10 or new-build towers. These units typically offer 150-180 square meters with top-tier finishes, panoramic city views, and access to premium building amenities.
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How do prices compare between upscale areas like Zona 10 or Zona 14 and more affordable zones?
Upscale areas like Zona 10 and Zona 14 cost 1.5 to 2 times more than affordable zones throughout Guatemala City.
| Zone Type | Average Price per m² | Premium Factor |
|---|---|---|
| Zona 10 | $1,500 - $2,000 | High exclusivity and amenities |
| Zona 14/15 | $1,800 - $2,000 | Strong foreign demand |
| Affordable zones (1, 7, 11) | $915 - $1,200 | Entry-level to mid-range pricing |
| Mid-tier central zones | $1,200 - $1,500 | Good value with central access |
| Suburban areas | $915 - $1,070 | Most affordable options |
| Premium new developments | $1,800 - $2,200 | Latest amenities and luxury |
What's the lowest and highest listing price currently available for apartments in the city?
Apartment listings in Guatemala City currently range from under $70,000 for the most affordable units to over $1 million for luxury penthouses.
The lowest-priced apartments under $70,000 are typically older, smaller units in less desirable areas or buildings requiring significant renovation. These properties often appeal to first-time buyers or investors willing to undertake improvement projects.
Typical central listings fall between $100,000 and $350,000, representing the mainstream market for most buyers. This range includes various apartment sizes and conditions across different central neighborhoods.
Luxury penthouses in Zona 14 and Zona 15 exceed $1 million, featuring premium locations, extensive square footage, high-end finishes, and exclusive building amenities. These properties target wealthy local buyers and international investors seeking prestige addresses.
It's something we develop in our Guatemala property pack.
How much do new-build apartments cost compared to older properties?
New-build apartments in Guatemala City typically command a 10-30% premium over older properties in similar locations.
New construction in central areas costs between $1,800 and $2,000 per square meter, reflecting modern construction standards, energy efficiency, and contemporary amenities. These buildings often feature advanced security systems, modern elevators, and updated building codes compliance.
Older properties in good neighborhoods range from $1,200 to $1,400 per square meter, offering significant savings for buyers willing to accept older building standards. These apartments may require updates but often provide larger spaces and established neighborhood character.
Buyers pay premiums for new-build features including energy-efficient systems, modern kitchens and bathrooms, better insulation, contemporary building amenities like gyms and pools, and enhanced security measures. These features often justify higher purchase prices through reduced utility costs and improved living comfort.
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 average size in square meters for apartments in the $100,000, $200,000, and $300,000 price brackets?
Apartment sizes vary significantly across different price brackets in Guatemala City, with location playing a crucial role in space allocation.
| Price Bracket | City Center Size | Outside Center Size |
|---|---|---|
| $100,000 | 50 - 70 m² | 75 - 90 m² |
| $200,000 | 90 - 120 m² | 120 - 150 m² |
| $300,000 | 130 - 170 m² | 170 - 200 m² |
| Typical layout ($100k) | 1-2 bedrooms, older buildings | 2 bedrooms, newer suburban |
| Typical layout ($200k) | 2-3 bedrooms, modern central | 3 bedrooms, spacious suburban |
| Typical layout ($300k) | 3 bedrooms, luxury central | 3-4 bedrooms, large suburban |
What's the estimated monthly mortgage payment for a $150,000 apartment at current interest rates?
A $150,000 apartment in Guatemala City requires approximately $1,255 per month in mortgage payments based on current lending conditions.
This calculation assumes an 8% fixed interest rate over a 20-year loan term, which represents typical lending conditions for property purchases in Guatemala as of September 2025. The monthly payment breaks down to roughly $8.36 per $1,000 borrowed.
Actual mortgage terms depend on individual buyer profiles, including credit history, income verification, down payment amount, and chosen financial institution. Local banks may offer varying rates based on relationship banking and loan-to-value ratios.
Buyers should budget for additional costs including property insurance, legal fees, notary costs, and registration expenses, which typically add 3-5% to the total purchase price beyond the mortgage amount.
How much are the average monthly HOA or condominium fees in popular neighborhoods?
Monthly HOA and condominium fees in Guatemala City's popular neighborhoods range from $100 to $300 for most modern buildings.
Standard residential buildings charge between $100 and $200 monthly, covering basic services like security, common area maintenance, water, and building insurance. These fees typically apply to mid-range apartment complexes with essential amenities.
Premium buildings in Zona 10, Zona 14, and luxury developments charge $200 to $400 monthly for enhanced services. These higher fees support amenities like swimming pools, fitness centers, 24-hour security, concierge services, and extensive common areas.
Luxury towers with extensive amenities can charge up to $400 or more monthly, providing services such as valet parking, rooftop facilities, multiple recreational areas, and premium security systems. These fees reflect the exclusive nature and comprehensive services offered in high-end developments.
It's something we develop in our Guatemala property pack.
What's the average annual property tax for an apartment worth $200,000?
An apartment worth $200,000 in Guatemala City typically faces annual property taxes of approximately $400, based on the standard 0.2% rate applied to assessed values.
Guatemala's property tax system applies a 0.2% annual rate to the cadastral value, which often registers below full market value. This means a $200,000 apartment may be assessed at a lower amount for tax purposes, potentially reducing the actual tax burden.
Property assessments in Guatemala rarely reflect full market values, meaning effective tax rates often fall below the nominal 0.2% rate. Many properties pay significantly less than the calculated amount due to conservative government valuations.
Property taxes remain relatively low compared to international standards, making Guatemala City attractive for property ownership. However, buyers should verify specific assessments with local authorities, as individual properties may have varying cadastral valuations based on location, age, and municipal records.
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.
Guatemala City's apartment market offers diverse opportunities across different price ranges and neighborhoods, from affordable suburban options to luxury central properties.
Understanding the significant price variations between zones and property types helps buyers make informed decisions based on their budget and lifestyle preferences.
Sources
- The LatinVestor - Guatemala City Price Forecasts
- The LatinVestor - Guatemala Price Forecasts
- The LatinVestor - Average House Price in Guatemala
- Realtor.com International - Guatemala
- Numbeo - Property Investment in Guatemala City
- Global Property Guide - Guatemala Taxes and Costs
- Global Property Guide - Guatemala Square Meter Prices
- Wise - Cost of Living in Guatemala