Real Estate in Antigua, Guatemala
Last updated on Oct 11, 2024
Summary: Expats and retirees talk about real estate in Antigua, Guatemala? How do you find a home in Antigua? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Antigua?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Finding a place to live in Antigua involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from a shared apartment to a private house. Next, you should research the different neighborhoods in Antigua to find one that suits your lifestyle and preferences. Some popular areas include the city center, which is close to many shops and restaurants, and the outskirts, which are quieter and offer more space. Once you have an idea of where you want to live, you can start looking for available properties. There are several online platforms where you can find listings, such as Airbnb, Booking.com, and local real estate websites. You can also check local newspapers and community boards for rental ads. If you're planning to stay in Antigua for a long time, it might be worth hiring a local real estate agent. They can help you navigate the local market, arrange viewings, and negotiate contracts. Before signing a lease, make sure to visit the property in person. Check the condition of the property, ask about utilities and maintenance, and try to meet the landlord or property manager. Finally, once you've found a place you like, you'll need to sign a lease and pay a deposit. Make sure to read the lease carefully and understand all the terms before signing. Remember, finding a place to live can take time, so it's a good idea to start your search well in advance of your move," said one expat who made the move to Antigua.
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What is a typical expat home or apartment like in Antigua?
"A typical expat home or apartment in Antigua, often reflects the city's colonial history with Spanish-style architecture. These homes usually feature a central courtyard, around which the rest of the house is built. The living spaces are often spacious with high ceilings, large windows, and traditional tiled floors. Many homes also have a rooftop terrace, offering stunning views of the surrounding volcanoes and cityscape. The interiors are usually furnished with a mix of modern amenities and traditional Guatemalan decor. Kitchens are typically equipped with modern appliances, while bathrooms often feature hand-painted tiles. Many expat homes also have a small garden area, providing a green space within the property. Despite being in a historic city, these homes often come with modern conveniences such as Wi-Fi, cable TV, and sometimes even a small swimming pool," said one person in Antigua.
What is the average cost of housing in Antigua?
If you are thinking about moving to Antigua, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Antigua can vary greatly depending on the location and size of the property. For a one-bedroom apartment in the city center, the monthly rent can be around $300 to $500. If you're looking at a three-bedroom apartment in the same area, the cost can increase to about $800 to $1,200 per month. If you're considering buying property, a house in the city center can cost anywhere from $150,000 to $500,000. However, prices can be significantly lower outside of the city center," said one expat who made the move to Antigua.
Should I buy or rent a home in Antigua?
If you have not spent a lot of time in Antigua, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"The decision to buy or rent a home in Antigua depends on several factors. If you plan to stay in Antigua for a long period of time, buying a home could be a good investment. Owning a home allows you to build equity and could provide a sense of stability and permanence. However, buying a home also comes with responsibilities such as maintenance and repair costs, property taxes, and home insurance. It also requires a significant upfront cost for the down payment and closing costs. On the other hand, renting a home in Antigua can offer more flexibility. If you're not sure about your long-term plans or if you prefer not to deal with the responsibilities of homeownership, renting might be a better option. Renting can also be more affordable in the short term, as it typically requires less upfront money than buying a home. It's also important to consider the real estate market in Antigua. If property values are rising, buying a home could be a good investment. But if the market is unstable or if property values are declining, renting might be a safer choice. In conclusion, the decision to buy or rent a home in Antigua, Guatemala should be based on your financial situation, your long-term plans, and the current state of the real estate market. It's recommended to consult with a real estate professional or financial advisor to help make the best decision for your individual circumstances," explained one person living in Antigua, Guatemala.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
Additional Information:
- Expat Guide to Antigua
- Retire in Antigua Guide
- 7 Tips for Living in Antigua
- Pros & Cons of Living in Antigua
- Discover the Best of Antigua
- Health Care in Antigua
- Cost of Living in Antigua
- Healthcare & Health Insurance in Guatemala
- Best Places to Live in Guatemala
- Moving with a Pet to Guatemala
- Pros and Cons of Living in Guatemala 2024
- 2024 Guide to Moving to Guatemala