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Rare opportunity to acquire a one-of-a-kind revenue-generating, turn-key business in the heart of Panajachel, a tourist hub located on beautiful, Lake Atitlan – a crater lake in Guatemala’s Western Highlands.
Located a short, two to three hour flight from most U.S. gateway cities, the Lake Atitlan area enjoys a year-round spring-like climate, spectacular scenery and intriguing indigenous cultures who are descended from the Maya people.
This property is comprised of eight apartments distributed throughout two, two and three-story buildings. The three-story building, which has frontage along Panajachel’s main shopping street called Calle Santander, has six apartments which are currently rented on a short-term basis to generate revenue as well as three store fronts on the ground floor.
The interior of the property has a lovely inner courtyard garden full of lush, tropical vegetation. At the rear of the property is a spacious owner’s residence with high ceilings and fireplace and another revenue-generating apartment above the owner’s residence.
Additionally, the property features an office, large laundry room, ample storage and rooftop terraces with amazing views of the volcanoes and verdant green crater walls that surround Lake Atitlan.
Property Details:
• Registered title (can be put in foreigner’s or Guatemalan’s name or in the name of an “S.A.” (Sociedad Anonima)
• Approximately 550 square meters of land
• Approximately 950 square meters of construction
• Revenue-generating businesses with client lists convey with sale
• Sales price includes most furnishings & appliances
Asking price: $1,500,000

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