Property for sale in Paraguay

1/ Capital: Asunción

Is the capital and largest city of Paraguay. The "Ciudad de Asunción" is an autonomous capital district not part of any department. The metropolitan area, named Gran Asunción also includes the cities of San Lorenzo, Fernando de la Mora, Lambaré, Luque, Mariano Roque Alonso, Ñemby and Villa Elisa, which are part of the departamento Central. Get more information on property for sale in Asuncion.

Is one of the only two landlocked countries in South America (along with Bolivia). It lies on both banks of the Paraguay River, bordering Argentina to the south and southwest, Brazil to the east and northeast, and Bolivia to the northwest.

Paraguay is fast becoming one of the best options for international investment, both for internal and global situations. Diversity and vastness are its main features, besides its really low prices, compared to the global market.

When comparing a property for sale in Europe, with another one with exactly the same features in Latin America, we can talk about prices differences that range from four, six, or even ten times cheaper.

Property prices in developed countries can’t grow forever. They are more likely to stabilize, if not, to drop after the well known “real estate bubble” bursts.

On the other hand, in Latin America property prices have just started to react to the increase of demand. Despite circumstantial economic ups and downs, price tendencies are definitively on the raise. Property prices in Paraguay are among the lowest in South America but buyers must be cautious.

Paraguay's corrupt legal system hinders the effective protection of property rights. There is no coherent national property survey or land register.

There are no restrictions on the ownership of property by foreigners. They may also engage in commerce or industry without limitation.

The capital city of Asuncion is the only place where property rights are secure enough to make it advisable to buy.