Market

Investing in Asunción, Paraguay: how it works and what it costs

Investing in Asunción means buying an income-generating property from around 33,000 dollars in the capital of a country with sustained urban growth. Atlas Oikos has guided 12 deals in this city, 11 of them already closed with clients.

In short

Opportunities in this market

Inventory published in this market. What is sold stays on the list, so the full record is visible.

Loft in a 25-floor tower, Asunción — Asunción, ParaguaySoldAO-014

AO-014

Loft in a 25-floor tower

Residential · Loft in a 25-floor tower · 10% net yield stated by the developer

Price
$52,900
Size
23 m² + balcony
Delivery
July 2029
View the listing
Loft on the 14th floor, Asunción — Asunción, ParaguaySoldAO-012

AO-012

Loft on the 14th floor

Residential · Loft on the 14th floor · 13% net yield, 2 years guaranteed by the developer

Price
$33,200
Size
25 m²
Delivery
December 2028
View the listing
4★ hotel room in Asunción — Asunción, ParaguaySoldAO-011

AO-011

4★ hotel room

Hospitality · 4★ hotel room in a luxury tower · 13% net yield stated by the developer

Price
$58,900
Size
30 m² · furnished
Delivery
December 2029
View the listing
Modern loft with balcony, Asunción — Asunción, ParaguaySoldAO-009

AO-009

Modern loft with balcony

Residential · Modern loft with balcony · 10% net yield stated by the developer

Price
$41,200
Size
30 m²
Delivery
March 2028
View the listing
Finished loft in Asunción — Asunción, ParaguaySoldAO-007

AO-007

Finished loft

Residential · Finished loft · 10% net yield stated by the developer

Price
$48,700
Size
28 m²
Delivery
Immediate
View the listing
Loft in a gated community, Asunción — Asunción, ParaguaySoldAO-006

AO-006

Loft in a gated community

Residential · Loft in a gated community · 10% net yield stated by the developer

Price
$52,700
Size
30 m² + balcony
Delivery
December 2027
View the listing
Loft next to the university, Asunción — Asunción, ParaguaySoldAO-005

AO-005

Loft next to the university

Residential · Loft next to a leading university · 11% net yield stated by the developer

Price
$41,200
Size
26 m²
Delivery
April 2027
View the listing
Smart-home loft in Asunción — Asunción, ParaguaySoldAO-004

AO-004

Smart-home loft

Residential · Smart-home loft · 10% net yield stated by the developer

Price
$53,600
Size
33 m²
Delivery
March 2027
View the listing
Loft in an 18-floor building, Asunción — Asunción, ParaguaySoldAO-003

AO-003

Loft in an 18-floor building

Residential · Loft in an 18-floor building · 10% net yield, 2 years guaranteed by the developer

Price
$36,900
Size
28 m²
Delivery
December 2027
View the listing
Smart loft with balcony, Asunción — Asunción, ParaguaySoldAO-002

AO-002

Smart loft with balcony

Residential · Smart loft with balcony · 10–14% net yield stated by the developer

Price
$49,500
Size
32 m²
Delivery
May 2028
View the listing
Studio loft in Asunción — Asunción, ParaguaySoldAO-001

AO-001

Studio loft

Residential · Studio loft · ~10% net yield stated by the developer

Price
$36,900
Size
30 m²
Delivery
August 2027
View the listing

See the full inventory →

Why Asunción and not another capital

The thesis is simple and does not depend on any fashion. Asunción combines three things that rarely appear together: a low entry price on new-build stock, urban rental demand that grows with the city itself, and a framework that lets a non-resident buy without settling in the country.

For the foreign investor looking for income rather than speculative gain, the practical difference against their home market is the size of the cheque. With capital that buys nothing in many European capitals, in Asunción it buys a whole unit. That changes the nature of the operation: you own the property and decide about it, instead of holding a share in a vehicle with your money locked in.

What you actually buy

The inventory we have published in Asunción is homogeneous: small units — between 23 and 33 m² — in residential towers, mostly off-plan with delivery two or three years out, plus the occasional finished unit. The exception is a four-star hotel room inside a luxury tower, which works on a different logic: the hotel operator runs it and the owner receives the agreed return.

Deals published in Asunción
Ref.TypeSizePriceDeliveryStatus
AO-018Fully equipped studio30 m²$49,000September 2027Available
AO-014Loft in a 25-floor tower23 m² + balcony$52,900July 2029Sold
AO-012Loft on the 14th floor25 m²$33,200December 2028Sold
AO-0114★ hotel room in a luxury tower30 m² · furnished$58,900December 2029Sold
AO-009Modern loft with balcony30 m²$41,200March 2028Sold
AO-007Finished loft28 m²$48,700ImmediateSold
AO-006Loft in a gated community30 m² + balcony$52,700December 2027Sold
AO-005Loft next to a leading university26 m²$41,200April 2027Sold
AO-004Smart-home loft33 m²$53,600March 2027Sold
AO-003Loft in an 18-floor building28 m²$36,900December 2027Sold
AO-002Smart loft with balcony32 m²$49,500May 2028Sold
AO-001Studio loft30 m²$36,900August 2027Sold

How you buy from abroad

  1. Deal presentation. You receive the brief with location, price, rental projection and thesis.
  2. Reservation. The unit is held with the developer while the review advances.
  3. Due diligence. Legal and financial review with local partners: title, licences, contract.
  4. Signing and deed. Before a local notary, in person or by power of attorney if you buy remotely.
  5. Handover of keys. Our involvement ends here, with the deal closed.

The full process, and what we do at each stage, is in how it works.

Risks worth facing head on

Four, and they deserve a straight look. Developer risk on off-plan units, where the delivery date can move. Currency risk, because you buy in dollars and probably think in euros. Vacancy risk, since the advertised yield assumes occupancy and occupancy depends on the specific neighbourhood. And regulatory and tax risk, because you are taxed in two jurisdictions.

Our job is to reduce them with due diligence and selection, not to pretend they do not exist. How we filter is in selection criteria.

FAQ

Frequently asked questions

Yes. Paraguay does not restrict the purchase of urban property by non-resident foreigners. You need valid identification and the local tax identification procedures.
The eleven deals we have closed in Asunción ranged from 33,200 to 58,900 dollars in purchase price. On top of that come taxes and deed costs.
Yes, and it is the norm among our clients. Reservation, due diligence and signing are coordinated with local legal and notary partners.
Asunción deals are transacted in US dollars. The transfer of funds and the exchange rate are reviewed before any reservation.
The published listings state net yields declared by the developer in a range of 10% to 14%, in some cases with two years guaranteed by the developer itself. They are indicative figures, not a guarantee from Atlas Oikos.
Our involvement ends at purchase and handover. Managing the rental afterwards is up to the owner or the operator they choose.
Next step

Interested in this opportunity?

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