Paraguay has seen remarkable economic development in recent years – and the real estate market has grown with it. Prices are rising, new housing projects are emerging, and foreign capital is flowing in. Yet prices remain very affordable compared to Europe or neighbouring Argentina and Brazil.
Asunción: Capital with Growing Premium Segment
- Apartments (centre/Villa Morra): USD 1,200–2,500/m²
- Detached houses (good location): USD 120,000–350,000
- Plots (city area): USD 200–800/m²
Encarnación: Boom City on the Paraná
- Apartments on the Costanera: USD 1,000–2,200/m²
- Houses in good locations: USD 80,000–200,000
- Price appreciation last 5 years: +40–60% in prime locations
Eastern Paraguay: Boom Region for Agricultural Land
- Agricultural land (soy/maize): USD 1,500–3,000/ha
- Average annual appreciation: 5–10% over the last 10 years
Chaco: Cheapest Market
- Pastureland: USD 300–800/ha – extensive cattle farming
Where to Buy in 2025
- Best appreciation potential: Encarnación riverside, Asunción (Barrio Trinidad)
- Best rental yield: Asunción centre, Encarnación
- Agricultural investment: Eastern Paraguay for value, Chaco for volume
Conclusion
Paraguay prices are still affordable – but the window for bargain prices is closing, especially in Asunción and Encarnación. Browse our property listings or arrange a personal consultation.