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 $90,000 negotiable

Small but cozy lake front house on a private bay close to Santiago Atitlan just next to the Toliman and Cerro de Oro Volcanoes. Has 2 bedrooms, 1 bathroom, living room and a fireplace. Fireplace creatively built out of local rocks. Has a nice porch. Quiet with only some weekend visitors living nearby. Has its own driveway off of the road from Santiago Atitlan. 5 kms  from Santiago Atitlan on a paved road.




  • Quiet
  • large lot


Land: 1000 square feet(1/4 of an acre)



US $260,000 SOLD

Located in the most central area of Panajachel you find this gem of a property. Well maintained adobe house / guatemala style in very good condition with a large living room with fireplace, kitchen and dining area. Has two bedrooms, one with his own fireplace and two bathrooms. Centrally located,  this property has plenty of potential including eventual commercial development.



Land: 1350 mt² (1/3 acre) 
Building: 120 mt² (1300 square feet)



US $195,000

Large centrally located 2 story house less than 5 minutes walking from the main market in Panajachel. 

Has 4 bedrooms and 3 bathrooms. First level has ample room and kitchen both with high ceilings. Separate formal dining room. The kitchen has access to a private patio. From this patio there are stairs to the second level. The second level has two bedrooms (one with a private bathroom and the other has  a private entrance from the street), another lovely bathroom with a skylight as well as a living room. Another spacious bathroom with shower is on the first level. The third level has a spacious terrace area overlooking Lake Atitlan. Would be easy to convert to 2 sizeable suites as there is also a second entrance.

Would be a good rental property. 





  • very central
  • rental property


Land: 300 mt² (3200 square feet) 
Building: 250 square meter(2700 square feet)



US $44,700 Negotiable

Ready for construction, lakefront land with clear and registered title. Located on the main road in the most desirable residential area of San Pedro, just minutes from the downtown tourist sector.

This land offers perfect lakefront setting for a private home, bed & breakfast or cabins on the water.

Land includes: 12 meters of lakefront, 15 meters of main road access, 83 meters in length for total 1163 m2 (1/4 acre). Perimeter wall offers privacy of living-fence, and landscaped usable / organic farm land, plus 8 meter fresh water well and durable breakwater system / dock. Lot extends from road to lake offering private but easy access and is located less than 10 meters from electricity pole.


  • Begin building immediately

Land: 1163 m2 (1/4 acre)

$44,700 US negotiable - reduced to $37,000 US

Weekly / Monthly

10 fully furnished and equipped houses of special architecture for rent located within coffee groves, wooded areas and beautiful gardens. Private beach for guests.

Houses are either 1 or 2 bedrooms.

1 bedroom house can accommodate up to four guests and the 2 bedroom house will accommodate up to six guests very comfortably. Includes wifi, use of the swimming pool, maid service, and all amenities. 

The houses are located within a lodge and facilities include bar and restaurant, heated pool, Mayan Sauna , Jacuzzi, and resting areas on the lake front. If you wish you can rent a bicycle to ride on the roads, paths and trails of the Old Hacienda San Buenaventura. 

The lake is ideal for water sports. We rent kayaks at the beach. We also have a dock and boat services for visiting the indigenous towns around the lake

Located near Panajachel, on a private bay surrounded by a natural reserve. 5 minutes by tuk tuk or 15 minutes walking distance.





 Suite                                                    House

$400 per week                                $700 per week
$450 for 10 days                            $800 for 10 days
$500 for 15 days                            $850 for 15 days
$850 for 1 month                           $1,300 for 1 month    

US $280,000

Charmingly cozy and tranquil lake front villa. This tastefully landscaped & manicured property is very private but still within walking distance to the center of town. Fully landscaped right to the lakeshore.                                          

2 bedrooms
1 full bath
living room/dining room
family room
fully equipped kitchen
telephone line 
caretaker house with bath
Boat house
ramp and floating dock

Property is securely enclosed with walls.




  • Great View

 House: 120 square meter (1200 square feet) 
1,800 square meters (approx 1/2 acre) fully registered land (but in total it is more) 



$280,000 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...