Lake Atitlan Real Estate. Lake Atitlán (Spanish: Lago de Atitlán, [atiˈtlan]) is a lake in the Guatemalan Highlands of the Sierra Madre mountain range. It is in the Sololá Department of southwestern Guatemala. Atitlan means “at the water” in Nahuatl.


Lake Atitlan Rentals

Lake Atitlan Real Estate

Lake Atitlan Real Estate considering a purchase. Under Guatemalan law, foreigners can acquire, maintain and dispose of real property with very few restrictions. What foreigners cannot do is own land directly next to rivers, oceans or international borders. Foreign firms developing projects in designated tourism zones are eligible for income tax exemption on revenue from their investment in the country.