Land in Guatemala has become increasingly scarce.
Agricultural land: in places like the U.S.A. at the most fertile regions of the country, you can get an acre for about $5 K.
If you are lucky, for that money you can get a 10th of an acre here in Guatemala.
Prices are even worse for commercial or residential real state; In places like La Antigua Guatemala, a house might be as expensive (or more!) as buying property in a wealthy suburb of N.Y. City or Boston.
This scarcity and high prices for land have pushed Guatemalans to use every inch available as we can see here.
Even residential complexes are forced to construct smaller and smaller houses, at least this one is colorfully charming.