Property for sale in Asunción

In the last decade Paraguay's economy has been characterized by rapid growth. This is due, in part, to the construction of the world's largest dam, whose hydroelectric power promises to transform rapidly Paraguay's social and economic structures.

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Views on the Asuncion real estate:

The rapid growth of the capital city, Asuncion, has been accompanied by a serious worsening of housing conditions.
There is a shortage of evaluative research on properties in Paraguay - research which could serve as a basis for improving and expanding property for sale programs, particularly for the urban poor of greater Asuncion.

Despite the government's avowed intention to improve the property for sale situation, policies such as reluctance to legitimize de facto forms of land tenure and the provision of services beyond the reach of the poor have had the opposite effect. Between 1965 and 1980, the cost of a property for sale in Asuncion rose from 5.7% to 63.5% of minimum wage for a lot with minimal services and from 10.7% to 84.7% of minimum wage for a lot with a high standard of services.