Authored by the expert who managed and guided the team behind the Guatemala Property Pack
Everything you need to know before buying real estate is included in our Guatemala Property Pack
Guatemala's real estate market offers diverse investment opportunities across different price ranges and locations.
Property prices in Guatemala vary significantly between urban centers like Guatemala City and rural areas, with residential properties ranging from affordable rural homes under $100,000 to luxury properties exceeding $2.5 million in premium zones.
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.
As of September 2025, residential property prices in Guatemala City average $1,000-$2,000 per square meter, while rural areas cost $200-$500 per square meter.
Two-bedroom apartments in Guatemala City typically cost $120,000-$250,000, while three-bedroom houses range from $200,000-$450,000 in the capital.
| Property Type | Guatemala City | Rural Areas |
|---|---|---|
| Price per m² | $1,000-$2,000 | $200-$500 |
| 2-bedroom apartment | $120,000-$250,000 | $60,000-$120,000 |
| 3-bedroom house | $200,000-$450,000 | $80,000-$150,000 |
| Land per m² | $500-$1,500 | $10-$300 |
| Construction cost per m² | $500-$1,000 | $400-$800 |
| Luxury properties | $750,000-$2.5M+ | $300,000-$1M+ |
| Beachfront/lakefront | N/A | $80,000-$1M+ |
What's the average price per square meter for residential properties in Guatemala right now?
As of September 2025, residential property prices in Guatemala vary significantly by location and range from $200 to $2,000 per square meter.
In Guatemala City, the average price per square meter ranges from $1,000 to $2,000, with the city center averaging approximately $1,425 per square meter and outskirts areas averaging around $1,070 per square meter.
Tourist and expat-popular areas like Antigua command prices between $500 and $800 per square meter, while Lake Atitlán properties typically cost $150 to $600 per square meter. Rural and smaller town properties are significantly more affordable, averaging $200 to $500 per square meter.
Coastal areas offer the most affordable options, with some properties in regions like Monterrico available for as low as $50 to $150 per square meter.
It's something we develop in our Guatemala property pack.
How much does an average two-bedroom apartment cost in Guatemala City?
Two-bedroom apartments in Guatemala City typically cost between $120,000 and $250,000 as of September 2025.
The final price depends heavily on the specific zone within Guatemala City, building amenities, and property condition. Premium zones like Zone 10, 14, and 15 command higher prices, often reaching the upper end of this range.
Apartments in average residential areas generally fall within the $120,000 to $180,000 range, while those with modern amenities, security features, or prime locations can exceed $200,000.
Properties in the outskirts of Guatemala City or older buildings may be available for under $120,000, though these often require additional investment for renovations.
How much does an average three-bedroom house cost in Guatemala City?
Three-bedroom houses in Guatemala City range from $200,000 to $450,000, with premium properties in exclusive zones potentially exceeding $500,000.
New construction or premium properties, especially in Zones 10, 14, and 15, commonly surpass the $400,000 mark and can reach $500,000 or more for luxury finishes and prime locations.
Standard three-bedroom houses in middle-class neighborhoods typically cost between $200,000 and $350,000, depending on size, condition, and specific location within the city.
Properties requiring renovation or located in less desirable areas may be available for under $200,000, though buyers should factor in additional renovation costs.
What are the typical property prices in smaller towns or rural areas compared to the capital?
Rural and small town property prices in Guatemala are significantly lower than Guatemala City, typically ranging from $200 to $500 per square meter compared to the capital's $1,000 to $2,000 per square meter.
Basic rural homes frequently cost under $100,000, while townhouses in smaller communities typically range from $60,000 to $150,000. This represents savings of 50-70% compared to similar properties in Guatemala City.
Remote rural areas can offer even lower prices, sometimes under $200 per square meter, though these locations may have limited infrastructure and services.
The price difference reflects varying levels of infrastructure, proximity to services, employment opportunities, and overall demand in these areas compared to the capital.
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How much do beachfront or lakefront properties cost on average in popular areas like Lake Atitlán or Monterrico?
Beachfront and lakefront properties in Guatemala offer diverse pricing options depending on location and property type.
Lake Atitlán properties range from $150 to $600 per square meter for land, with complete homes costing between $80,000 and $800,000 or more for luxury properties with prime lake views.
Monterrico and other coastal areas offer more affordable options, with land prices ranging from $50 to $300 per square meter and homes starting from $60,000 up to $1,000,000 for large or luxurious beachfront properties.
Premium lakefront or beachfront properties with exceptional views, large lots, or luxury finishes can command prices exceeding $1,000,000, particularly in highly sought-after locations around Lake Atitlán.
It's something we develop in our Guatemala property pack.
What is the average price range for luxury properties in Guatemala?
Luxury properties in Guatemala typically start at $750,000 and can exceed $2.5 million in premium locations.
In Guatemala City's most exclusive zones, luxury homes generally range from $750,000 to $2.5 million or more, featuring high-end finishes, extensive security systems, and prime locations.
Luxury properties in Antigua or around Lake Atitlán often start at $1,000,000, especially for large estates with exceptional views, extensive grounds, or historical significance.
These properties typically feature premium construction materials, advanced security systems, landscaped grounds, and exclusive amenities that justify their elevated pricing in the Guatemalan market.
How much are construction costs per square meter if I want to build instead of buy?
Construction costs in Guatemala range from $500 to $1,000 per square meter for mid-range quality construction as of September 2025.
Luxury or high-specification construction costs between $1,200 and $2,000 per square meter, especially in prime city areas or popular tourist destinations where materials and skilled labor command premium prices.
Basic construction with standard materials and finishes may cost as low as $400 per square meter in rural areas, though this typically involves local materials and simpler designs.
These costs include materials, labor, and basic infrastructure but may not include land preparation, permits, or luxury finishes that can significantly increase the total investment.
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 is the average cost of land per square meter in urban areas?
Urban land in Guatemala City costs between $500 and $1,500 per square meter, depending on location, access, size, and zoning regulations.
Prime urban locations with excellent access to infrastructure, commercial areas, and transportation networks command prices at the higher end of this range, often reaching $1,200 to $1,500 per square meter.
Standard urban residential areas typically cost between $600 and $1,000 per square meter, while emerging or developing urban zones may be available for $500 to $800 per square meter.
Factors affecting urban land prices include proximity to business districts, availability of utilities, zoning permissions, and overall neighborhood development potential.
What is the average cost of land per square meter in rural areas?
Rural land in Guatemala is significantly more affordable, ranging from as low as $10 per square meter in remote areas to $300 per square meter in small towns.
The most remote rural zones can offer land for $10 to $50 per square meter, though these areas typically lack infrastructure and may have limited access to utilities and services.
Small towns and rural areas with basic infrastructure typically cost between $50 and $300 per square meter, representing substantial savings compared to urban areas.
Land prices in rural areas depend heavily on proximity to towns, access roads, availability of water and electricity, and agricultural potential of the soil.
How much are property taxes per year for a $200,000 home in Guatemala?
Property taxes in Guatemala for a $200,000 home amount to approximately $180 per year as of September 2025.
Guatemala uses the IUSI (real estate property tax) system with rates of 0.9‰ (0.09%) for properties valued up to Q2 million, then 0.03% for values above that threshold.
For a $200,000 home (approximately Q1.56 million), the annual tax calculation falls within the lower rate bracket, resulting in the $180 annual tax obligation.
This relatively low property tax rate makes Guatemala attractive for property ownership compared to many other countries in the region.
It's something we develop in our Guatemala property pack.
What are typical closing costs, in percentage and absolute numbers, for a property purchase in Guatemala?
Closing costs for property purchases in Guatemala typically range from 5% to 7% of the property value.
These costs include legal and notary fees, registration fees, transfer taxes (3% to 5%), and real estate agency fees if applicable.
For a $200,000 property purchase, total closing costs would range from $10,000 to $14,000, covering all necessary legal and administrative procedures.
Transfer taxes represent the largest component of closing costs, while legal fees, notary services, and registration fees make up the remainder of the total closing cost calculation.
How much does it cost monthly to maintain a property worth around $150,000, including utilities, HOA fees, and basic upkeep?
Monthly maintenance costs for a $150,000 property in Guatemala typically range from $175 to $500, depending on location and amenities.
| Expense Category | Monthly Range | Details |
|---|---|---|
| Utilities (water, electric, gas) | $50-$150 | Varies by usage and location |
| HOA/Condo fees | $75-$200 | For apartments or gated communities |
| Basic upkeep | $50-$150 | Cleaning, minor repairs, gardening |
| Security services | $25-$100 | Optional in some areas |
| Property insurance | $30-$80 | Recommended coverage |
| Maintenance reserve | $40-$120 | For major repairs and updates |
| Total typical range | $175-$500 | Depends on property type and location |
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's real estate market offers diverse opportunities for both investors and those seeking relocation options.
Understanding these price ranges and associated costs will help you make informed decisions about property investment in this Central American market.
Sources
- The LatinVestor - Average House Price in Guatemala
- The LatinVestor - Guatemala Price Forecasts
- YouTube - Guatemala Real Estate Market
- Numbeo - Cost of Living in Guatemala City
- Global Property Guide - Guatemala Square Meter Prices
- Statista - Guatemala Real Estate Outlook
- Properstar - Guatemala House Prices
- Wise - Cost of Living in Guatemala