Retire in Panajachel, Guatemala

Last updated on Apr 10, 2023

Summary: Retirees are attracted to Panajachel, Guatemala for its stunning natural beauty, vibrant culture, and affordable cost of living. There are several retirement communities in Panajachel, offering a variety of amenities such as swimming pools, tennis courts, and fitness centers. The cost of a nice two bedroom home in Panajachel is typically around $100,000 USD, while a nice three bedroom home can cost around $150,000 USD. The weather in Panajachel is generally warm and sunny, with temperatures ranging from the mid-60s to the mid-80s Fahrenheit.

What is it like to retire in Panajachel?

"Life for a retiree in Panajachel and its surroundings is quite pleasant. There is an active expat community, with many retirees from the United States and Europe living in the area. There are plenty of cultural attractions to explore, such as the nearby Mayan ruins, the colonial architecture of Antigua, and the vibrant markets of Chichicastenango. There are also plenty of recreational activities to enjoy, such as swimming in the lake, hiking in the nearby volcanoes, and exploring the nearby villages. For those looking for nightlife, there are plenty of bars and restaurants to explore, as well as live music and dancing," said one retiree in Panajachel.

Answer this Question

William Russell
Get Quote

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.

William Russell

What advice do overseas retirees have for others considering retiring abroad?

Please login to continue reading this article.

Not a member? Join Today (it's free).

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.