Guam Housing and Real Estate
Typical Guam Housing. Housing and real estate prices on Guam tend to be somewhat higher than the mainland. With the relatively high occurrences of typhoons, Guam housing tends to be designed more for hardening and survival than aesthetics. At the high end price range, however Guam has a broad selection of high exceptionally attractive dwellings such as the single family home pictured here. New gated housing communities are sprouting up all around the island to fit a wide range of budgets. If your taste runs toward apartment condominium or apartment, Guam has large selection ranging from inexpensive units off the beaten path to luxury ocean front high rise complexes over-looking the Pacific Ocean or Philippine Sea. Guam is military friendly and highly desirable off-base housing can normally be found within living quarters allowances, which are very generous on Guam. Military personnel stationed on Guam and living off-base generally live very well compared to their counterparts serving on a mainland assignment. Military personnel who prefer to live on-base, closer to DoD schools, commissaries, exchanges and MWR recreational facilities, will also find housing to be of a very high standard. This page is not designed to be a comprehensive guide to. We do hope you find us a good starting point as you prepare for your move to our Island.
Military Housing. The Navy and Air Force offer modern roomy and well maintained on-base housing for families and unaccompanied personnel. Many quarters on Andersen AFB and Naval Base Guam are duplex units, but there are also many single family units such as this house located in the Lockwood Housing Complex on the Naval Base adjacent to the Sumay Cove Marina. The Navy maintains housing on Nimitz Hill and on the Navy Hospital facility with large yards and panoramic views of the Philippine Sea. Housing on Andersen AFB spans a large portion of this sprawling base with many units, enlisted and officer, adjacent to the Andersen Golf Course on the cliff line also overlooking the Philippine Sea. Navy and Air Force DoD schools, commissaries, exchanges and Morale, Welfare and Recreation (MWR) facilities are conveniently located in close proximity to housing areas.
Alupang Cove Beach Front Condominium. The Alupang Cove Condominium is conveniently located on a large tract of beautifully maintained grounds on Oka Point in the central part of the island next to the Sheraton Laguna Hotel, close to the Tumon beaches and entertainment district, shopping, schools and the Guam Memorial Hospital. Situated mid-island, about midway between Andersen AFB and Naval Base Guam, Alupang Condo Condo is a highly desired location for military tenants. The Alupang Cove Condominium complex has recently been upgraded and typhoon hardened. The recently upgraded swimming pool and patio bar-B-Q area is one of the best on the island. Don’t underestimate the value of typhoon hardening on Guam where super typhoons are a part of life with winds routinely exceeding 150 mph. An on-site generator provides power for refrigeration and minimal appliances during island-wide power outages which may be experienced after such storms.
A typical two bedroom-two bath beach front apartment in the Alupang Cove Condominium complex is representative of a mid-range dwelling for singles, or families with 1 or 2 children, who prefer the convenience of condo livine over a single family home. This apartment offers a bright and airy living room and master bedroom overlooking West Hagatna Bay and one of the best pools on the island. Two bedroon-two bath units, such as the shown here, typically rent for $1,500 to $2,000 per month. Rent includes all utilities, central air conditioning, reserved off-street parking and security. No utilities deposits or hook-up fees required, other than telephone and premium TV channels. Simply move in. Rent is competitive with other similar units in the area and within military LQA. Units are presently selling for $230,000 to $250,000. Large one bedroom units and efficiency apartments are also available. Take a virtual tour of the Alupang Cove Condominium.
Guam Housing Market Outlook. Like the rest of the country, the Guam real estate market has seen wide swings in the last 20 years. From highs in the late eighties and early nineties, when Condo’s such as the Alupang Cove unit described above sold in the $250K’s to $300K range, to what was probably the rock bottom in 2002, when the same Condo would fetch as low as $100K. Since that time, Guam’s real estate market has continued to gradually improve with the commencement of work associated with the move of 4,000 to 5,000 Marines and their dependents from Okinawa to Guam.