Antigua Guatemala

Antigua Guatemala, a UNESCO World Heritage colonial city ringed by three volcanoes, is the country's premier lifestyle and short-term-rental market. Cobblestone streets, restored Spanish-Baroque casas, and a thick concentration of expats, language students and tourists keep occupancy high year-round. As of 2026, restored homes inside the historic core trade at roughly USD 3,400-5,200 per m2 (about USD 320-500 per sqft), with mid-market family homes in surrounding aldeas at USD 1,200-2,200 per m2. Antigua leads national appreciation at 5-8% YoY, ahead of the country's 4-6% average, driven by strict heritage rules that cap new supply. Gross rental yields run 6-8% on long lets, but well-managed Airbnb properties frequently clear 8-12%. Foreigners may own freehold here outright (Antigua sits far from any restricted border, coastal or lake strip), buying on a tourist visa with a passport and NIT tax number. Closing costs run roughly 3-4% (1.5% transfer tax, notary and registry), with annual IUSI property tax near 0.9% of assessed value. Guatemala offers no property golden visa, but the Decree 44-2016 investor residency (up to 5 years) suits buyers seeking a base. Limited mortgage access means most foreign purchases are all-cash.