Office Building with Government Tenant - Av. Perú, Asunción

A completed, operating office building in a central Asunción location — let to a state institution: the Directorate General of Employment of Paraguay's Ministry of Labour (Ministerio de Trabajo, Empleo y Seguridad Social — MTESS/DGE) currently occupies the property. For an investor that means rental income from day one, with no construction period and no first-letting risk.

The figures

• Built area: 2,613 m² on a 937 m² plot
• Building of seven floors
• Rent in place: Gs. 120,000,000 per month (approximately USD 20,000)
• Equivalent to USD 240,000 annual rent
• Asking price: USD 3,500,000
• Gross yield: around 6.9 % p.a. (annual rent against purchase price)
• Price per m² of built area: approximately USD 1,339

The tenant

The building is let to an agency of the Paraguayan state. An institutional tenant of this kind generally means a different quality of payment security than a private occupier, and less inclination to move at short notice — public bodies settle in for the long term. The current use by the MTESS also demonstrates that the building suits operations with large staff numbers and public footfall.

The location

The property sits in the Avenida Perú / Río de Janeiro area — an established, densely built part of Asunción with direct access to the main urban corridors and efficient connections to the capital's administrative and commercial centre. It is easily reached from across the city and is particularly suited to institutional and corporate operations that depend on centrality, visibility and connectivity.

Who this suits

Buyers looking for a finished income-producing asset rather than a development project: the building is built, technically equipped, occupied and earning. You step into an ongoing tenancy, not into a construction phase with an open outcome.