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 City's property market shows average prices ranging from $1,000 to $2,000 USD per square meter as of September 2025.
The capital's real estate prices vary significantly by location, with premium zones commanding the highest rates while peripheral areas offer more affordable options. Understanding these price variations is crucial for making informed investment decisions in Guatemala's largest urban market.
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 property prices per square meter range from $900 to $2,000 USD, with luxury zones commanding premium rates. The market has experienced steady growth with annual appreciation of 4-7% expected in 2025.
| Property Type | Location | Price per m² (USD) |
|---|---|---|
| Luxury Apartments | Zones 10, 15, 16 | $1,500 - $2,000 |
| Mid-range Apartments | Emerging neighborhoods | $1,000 - $1,400 |
| Central Houses | City center | ~$1,403 |
| Outskirt Houses | Peripheral areas | ~$915 |
| New Developments | Premium zones | Up to $2,000 |
| Older Properties | Various locations | $1,000 - $1,300 |
| Rental Rate | City average | $11 - $13 per m²/month |
What's the current average price per square meter in Guatemala City?
The average price per square meter in Guatemala City ranges from $1,000 to $2,000 USD as of September 2025.
Premium zones including Zone 10, Zone 15, and Zone 16 command the highest prices, reaching up to $2,000 USD per square meter for luxury developments.
Mid-range properties in emerging neighborhoods typically cost between $1,000 and $1,400 per square meter, while peripheral areas offer more affordable options starting around $900 per square meter.
The Guatemala City residential market shows significant price variation based on location, with central areas consistently outperforming outlying districts.
It's something we develop in our Guatemala property pack.
How much do prices per square meter vary between different neighborhoods?
Guatemala City property prices show dramatic variation across neighborhoods, with differences of over 100% between premium and budget areas.
Central city houses average approximately $1,403 per square meter, while houses in outlying areas cost around $915 per square meter.
Zona 10 and Zona 15, known for luxury apartments and high-end amenities, command prices between $1,500 and $2,000 per square meter.
Mid-range apartments in emerging neighborhoods fall within the $1,000 to $1,400 per square meter range, offering a balance between location and affordability.
The least expensive peripheral areas start at approximately $900 to $1,000 per square meter, making them attractive for budget-conscious buyers.
What are the prices per square meter for apartments versus houses?
Apartments and houses in Guatemala City show distinct pricing patterns based on location and property type.
| Property Type | Location Category | Price per m² (USD) |
|---|---|---|
| Luxury Apartments | Premium central zones | Up to $2,000 |
| Mid-range Apartments | Emerging neighborhoods | $1,000 - $1,400 |
| Central Houses | City center areas | ~$1,403 |
| Outskirt Houses | Peripheral zones | ~$915 |
| Budget Apartments | Outer neighborhoods | $900 - $1,200 |
How have average prices per square meter changed over the last 12 months?
Guatemala City property prices increased by approximately 5% during 2024, showing steady market growth.
The Guatemala City residential market experienced consistent appreciation with growth rates ranging from 3% to 7% annually in 2025.
Premium urban apartments and vacation properties led price increases, outperforming the general market average.
Over the five-year period from 2020 to 2025, Guatemala City property prices rose by approximately 59.8%, indicating strong long-term appreciation.
Market analysts expect continued growth momentum as demand for quality urban housing remains strong relative to supply.
Don't lose money on your property in Guatemala City
100% of people who have lost money there have spent less than 1 hour researching the market. We have reviewed everything there is to know. Grab our guide now.
What is the highest price per square meter currently listed in Guatemala City?
The highest property prices per square meter in Guatemala City reach $2,000 USD for luxury new apartments in premium zones.
Zone 10, Zone 15, and Zone 16 consistently command these top-tier prices for newly constructed luxury developments.
These premium properties feature high-end finishes, modern amenities, and prime locations within Guatemala City's most desirable neighborhoods.
Luxury apartments in these areas often include amenities such as 24-hour security, swimming pools, fitness centers, and concierge services.
The $2,000 per square meter price point represents the current ceiling for Guatemala City's residential property market.
What is the lowest price per square meter currently listed in Guatemala City?
The lowest property prices per square meter in Guatemala City start at approximately $900 USD for houses in outlying areas.
These budget-friendly properties are typically located in peripheral neighborhoods with limited access to premium amenities and transportation.
Properties at this price point often require renovation or updating to meet modern standards.
Despite lower prices, these areas still offer potential for appreciation as Guatemala City continues expanding outward.
The $900 per square meter threshold represents entry-level pricing for Guatemala City's residential property market.
What is the average price per square meter for newly built properties?
Newly built properties in Guatemala City command premium prices, often reaching $2,000 per square meter in top zones.
New developments in Zone 10, Zone 15, and Zone 16 consistently price at the market's upper range due to modern construction and amenities.
Fresh construction projects feature contemporary designs, energy-efficient systems, and compliance with current building codes.
New properties offer immediate move-in readiness with warranties and modern infrastructure, justifying their premium pricing.
It's something we develop in our Guatemala property pack.
What is the average price per square meter for properties older than 10 years?
Properties older than 10 years in Guatemala City typically range from $1,000 to $1,300 per square meter, positioning them at the lower end of the market.
Older properties often require updates to electrical systems, plumbing, and interior finishes to meet current buyer expectations.
Despite lower purchase prices, these properties may require additional investment for renovations and modernization.
Some older properties in prime locations can still command higher prices due to their prestigious addresses and larger lot sizes.
The age factor generally reduces property values by 20-30% compared to newly constructed equivalents in similar locations.
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 rental price per square meter in Guatemala City?
Rental prices in Guatemala City average $11 to $13 per square meter per month for residential properties.
City-center apartments typically rent for approximately Q5,165 per month for one-bedroom units and Q10,033 per month for three-bedroom units.
Guatemala City rental yields range from 5.7% to 8.4% annually, making the market attractive for investment purposes.
Premium zones command higher rental rates due to superior amenities, security, and proximity to business districts.
Rental demand remains steady due to Guatemala City's role as the country's economic and business center.
How does the price per square meter compare to Guatemala's national average?
Guatemala City property prices exceed the national average by 25% to 50%, reflecting urban demand and superior amenities.
The national average for major cities and tourist areas typically ranges from $150 to $800 per square meter.
Guatemala City's $1,000 to $2,000 per square meter range significantly outpaces other Guatemalan markets.
This price premium reflects the capital's economic opportunities, infrastructure, and concentration of services.
Rural and smaller city properties remain substantially more affordable, with prices often below $500 per square meter.
How does Guatemala City compare to other major Central American cities?
Guatemala City property prices remain competitive within the Central American capital city market.
1. **San José, Costa Rica**: $2,000 - $2,700 per square meter2. **Panama City, Panama**: $1,900 - $2,500 per square meter 3. **Guatemala City, Guatemala**: $1,000 - $2,000 per square meter4. **San Salvador, El Salvador**: $1,200 - $1,800 per square meter5. **Managua, Nicaragua**: $800 - $1,400 per square meter6. **Tegucigalpa, Honduras**: $700 - $1,200 per square meterGuatemala City offers better value compared to Costa Rica and Panama while commanding premium pricing versus Nicaragua and Honduras.
It's something we develop in our Guatemala property pack.
What is the forecasted price trend for the next 12 months?
Guatemala City property prices are projected to appreciate 4% to 6% annually through 2025, with luxury segments potentially reaching 7% growth.
Continued demand for quality urban housing relative to limited supply supports ongoing price appreciation.
New developments in core urban zones are expected to maintain high pricing while older properties in less desirable areas may see slower growth.
Rental yields are likely to remain stable between 5.7% and 8.4% due to consistent tenant demand.
Eco-friendly developments and centrally located properties will likely experience the strongest appreciation in the coming year.
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 property market offers diverse investment opportunities across different price segments and neighborhoods.
Understanding local price variations and market trends is essential for making informed real estate decisions in Guatemala's capital city.
Sources
- THE LATINVESTOR - Average House Price in Guatemala
- THE LATINVESTOR - Guatemala City Price Forecasts
- THE LATINVESTOR - Guatemala Price Forecasts
- Numbeo - Cost of Living City Price Rankings
- THE LATINVESTOR - Guatemala City Real Estate Trends
- Global Property Guide - Guatemala Square Meter Prices
- Numbeo - Property Investment in Guatemala City
- Global Property Guide - Guatemala Rent Yields