Welcome to Atitlan Terrax

About Us

Ralph Krause  and Leonor Luna de Krause established Terrax, the first Real Estate Agent in Panajachel with more than 25 years of experience.

Our mission is to be a leading and innovative company in the field of Real Estate, offering our customers a personalized service with better quality, price and professional ethics providing information in a fast and effective way.

We have an extensive portfolio of properties that cover the entire Lake Atitlan basin.

If you are thinking of selling, renting, buying or remodeling a property give us the opportunity to serve you.

We have an additional service of Carpentry, Blacksmithing and Fumigation.

US $195,000

Very charming 1 1/2 bedroom stone/wooden house on 4 acres of almost flat but softly inclined land. The access is only by boat so it is very private. With electricity but the future owner can also install solar. Beautiful views and has a lot of coffee trees.




  • large property


Land: almost 4 acres


$195,000 US 

US $280,000

Large 3 bedroom house in central Panajachel located close to the banks and hotels, secure and quiet. Has 3 full baths, living room on main level and family room (or gorgeous office) upstairs. Has unique floor plan with skylights. Covered parking as well as a covered deck. Cypress ceilings. Master bedroom has a balcony with views of volcanoes and sunsets. Has heated jacuzzi, swimming pool and beautiful gardens all enclosed by 8 foot high walls for complete privacy. Enough parking area for 5 vehicles. Includes an above average sized caretakers house that could potentially be turned into a rental. 

With all these features this property could easily become a profitable Bed and Breakfast or keep it as your own retreat within Panajachel.

Includes all furniture.



  • private hidden location

Land: 800 square meter (8600 square feet)
Building Sixe: 343 square meter (3700 square feet)

$280,000 US negotiable


US $280,000 negotiable

Mexican House in Panajachel 

Beautiful, spacious and cozy house in a unique Mexican-style environment, its beautiful details in warm colors, wood and handmade bricks make you live a natural, wonderful feeling between light and shadow

It is built with local rocks, adobe and beautiful wooden beams that is a natural sensation. It is a one-story house with a small loft on a higher level that is used as an office. Internet of high speed. Maya sauna, for someone whose environment is important to them. So many places in a single environment to enjoy. You will surely love the feeling of living here and you may never want to leave!


  • ambience!

House : 1350 square feet (150 mt²)
Land : (1/6 acre) 700 mt²

$280,000 US negotiable

US $60,000

Charming new "move in ready" two bedroom house in Santa Cruz located in a quiet private area. Built with quality doors, windows and ceilings. The floors are of colonial tiles. Comes with furniture and appliances and price includes fridge/stove as well as everything you see. Has fireplace in the living room. Second bedroom is completely separated from main house by outdoors walkway.

Property is partially fenced with rock walls and has a metal gate. This property is priced to sell (and won't last very long).

Has some views of the lake and volcanoes and is a short walking distance to the public boat dock and beach.

Increase in the value of this property can be expected!!




  • Value  will increase


Land: 300 square meter                 (3300 square feet) 

Building: 80 square meter (900 square feet)



US $ 67,000.00

This beautiful house is newly built and is located just 5 minutes from the municipal market and very close to all the commerce of Panajachel located in a quiet area.


1 first level has an apartment with 2 bedrooms 1 bathroom living room kitchen and dining room

2. Second level has 2 bedrooms 1 bathroom, kitchen and dining room

3 level one bedroom studio with its private bathroom and terrace.

All the rooms are individual

Your basic services

Electricity 220vts

Cistern and water tank

All your services are up to date

Land 90.32m2

Price $. 67,000 negotiable

$ 285.000

This artistic fully developed property is in a private area in Santa Cruz and only 100 meters from the beach. With 2 houses as well as a guesthouse this property is sure to please.

Crafted with fine stonework and good design this property has a lot to offer. The houses have been designed with a lot of open space as well as wonderful views from all angles. Even the gueshouse has an upper deck to enjoy relaxing on rain or shine.

Is fully landscaped and has all amenities including an outside workshop. This property could be paradise and a retreat for the artistically minded who enjoy nature at its finest.

These two houses are available to sell a single house or both together



Land: 800 square meter (1/5 of an acre)
Main House: 120 square meter (1291 square feet)
Second house 100 square meter (1076 square feet)
Small house: 30 square meter (322 square feet)
Workshop: 10 square meter (100 square feet)

$ 285,000 US

Guatemala and Lake Atitlan

Of all Guatemala's natural attractions, perhaps the most beautiful is the volcanic caldera of Lake Atitlan (Lago de Atitlán) and its unforgettable highland setting that has seduced travelers for centuries. Its various bays and inlets give the lake an irregular shape, but it measures about 19 km (12 miles) long, 12 km (7.5 miles) at its widest point and over 300 meters (1,000-ft) deep. Lake Atitlan is known as the most beautiful lake in the world.

Lake Atitlán is transcended by three towering volcanoes, Volcan San Pedro, Volcan Toliman and Volcan Atitlán. In addition, there are a dozen or so lakeshore villages and towns around the Lake. The Mayans are known for their friendliness and are welcoming of strangers. Some are Kaqchikel, some Tz'utujil and they all speak different dialects. So the lake villagers have been accustomed to dealing with strangers who don't speak their language, long before visitors began arriving on holiday. 

Panajachel is in the mayan highlands and is an 800 year old village of about 14,000, mostly Kaqchikel Mayans and some foreigners. Panajachel is packed with hotels, restaurants, lively nightspots with souvenir shops and stalls lining the main street. Of all the lakeside villages, Panajachel is the place where most head to first and has become a center for the tourist trade, providing a base for visitors crossing the Lake Atitlan to visit the other villages.

Lakeside Pana's appeal is all about its position overlooking the lake and volcanoes and its laid-back atmosphere. Transport connections are superb, with regular buses and shuttles and boats linking Panajachel with the other lakeside towns & villages around Lake Atitlan.


Our carpentry has the expertise to meet your needs. We can work on small individual home projects and large projects too. Our company maintains that the finished project is only as good as the...

We offer to our customers a personal service on-site and at our workshop. We are able to fabricate windows, gates, railings, staircases, balconies, beams and anything else you care to mention made...

We offer indoor pest control, rodent control, and termite extermination to keep your home or business safe.


We eliminate all types of pests in...