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Real Estate in San Marcos La Laguna, Guatemala | Expat Exchange
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Real Estate in San Marcos La Laguna, Guatemala

By Joshua Wood, LPC

Last updated on Jan 13, 2024

Summary: Expats and retirees talk about real estate in San Marcos La Laguna, Guatemala? How do you find a home in San Marcos La Laguna? Should you buy or rent? What is the cost of housing?

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How do I find a place to live in San Marcos La Laguna?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"Finding a place to live in San Marcos La Laguna, can be an exciting adventure. Here are some steps to guide you through the process. Firstly, research online. Websites like Airbnb, Booking.com, and Expedia can provide a list of available accommodations in the area. You can filter your search based on your preferences such as budget, location, and amenities. Secondly, consider hiring a local real estate agent. They have a deep understanding of the local market and can help you find a place that suits your needs and budget. You can find them online or get recommendations from locals or expats. Thirdly, join local community groups or forums online. Platforms like Facebook have groups where locals and expats share information about available rentals in the area. This can be a great way to find less advertised or more affordable options. Fourthly, consider visiting the area before you move. This will give you a chance to explore different neighborhoods, check out available rentals, and get a feel for the community. You can also use this opportunity to speak with locals and get their recommendations. Lastly, once you've found a potential place, make sure to inspect it thoroughly. Check for any signs of damage and ensure all utilities are working properly. Also, understand the terms of the lease agreement before signing it. Remember, finding the right place can take time, so be patient and thorough in your search," said one person in San Marcos La Laguna.

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What is a typical expat home or apartment like in San Marcos La Laguna?

"Expat homes in San Marcos La Laguna, are often nestled in the lush greenery of the region, offering breathtaking views of Lake Atitlan and the surrounding volcanoes. These homes are typically designed to blend in with the natural environment, with many featuring rustic, indigenous-inspired architecture. The interiors are usually spacious and airy, with large windows to let in natural light and offer panoramic views. Many homes have modern amenities such as fully equipped kitchens, Wi-Fi, and hot water, while still maintaining a traditional Guatemalan charm with local textiles and art. Some homes may also have outdoor spaces like gardens, patios, or terraces, perfect for relaxing or entertaining. While some expats choose to live in more secluded, tranquil areas, others prefer to be closer to the town center, where they have easy access to local markets, restaurants, and yoga studios. Regardless of the location, most expat homes in San Marcos La Laguna offer a peaceful and serene living environment, allowing residents to fully immerse themselves in the natural beauty of Guatemala," said one person in San Marcos La Laguna.

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What is the average cost of housing in San Marcos La Laguna?

If you are thinking about moving to San Marcos La Laguna, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in San Marcos La Laguna can vary greatly depending on the type and size of the property. For a small, basic house or apartment, the monthly rent can be quite affordable, while larger, more luxurious properties can be significantly more expensive. However, overall, the cost of housing in San Marcos La Laguna is generally considered to be lower than in many other parts of Guatemala and other countries," said one expat who made the move to San Marcos La Laguna.

Should I buy or rent a home in San Marcos La Laguna?

If you have not spent a lot of time in San Marcos La Laguna, 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 San Marcos La Laguna, largely depends on your personal circumstances, preferences, and long-term plans. If you plan to stay in the area for a long time, buying a home could be a good investment. Owning a property allows you to build equity over time and gives you a sense of stability and permanence. On the other hand, renting a home 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, such as maintenance and repairs, renting might be a better option for you. Renting can also be a good way to familiarize yourself with the area before committing to a purchase. It's also important to consider the local real estate market. If property prices are high and continue to rise, buying a home could be a good investment. However, if prices are low or stagnant, renting might be a more economical choice. Lastly, consider your financial situation. Buying a home requires a significant upfront investment, including a down payment and closing costs. If you're not financially prepared for these expenses, renting might be a more feasible option. In conclusion, whether you should buy or rent a home in San Marcos La Laguna, Guatemala, depends on various factors, including your long-term plans, the local real estate market, and your financial situation. It's a decision that requires careful consideration and, ideally, advice from a real estate professional," remarked one foreigner who made the move to San Marcos La Laguna.

About the Author

Joshua Wood 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.

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