5 Best Places to Retire in Guatemala

3. Panajachel

Insider Monkey Score: 4

Also known as Pana, Panajachel is another famous retirement destination in Guatemala. Nestled on the southwest shore of Lake Atitlán, retirees in the town enjoy a lakefront lifestyle, picturesque views, engage in water-based activities, and explore the stunning landscapes.

The town is slowly gaining momentum, and the expatriate community is increasingly becoming diverse. Various outdoor activities are available here, such as birdwatching, hiking, and kayaking. There are many local markets and shops for buying local produce, textiles, and other things. The climate is moderate here in this town. A single person can live on $919, with a nice one-bedroom apartment costing anywhere between $200-$400.