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Real Estate Investment

Investing in Paraguay: returns in dollars

The only 100% dollarized real estate market in South America, with no currency controls or restrictions on foreign capital. Typical residential rental yield of 6-8% per year in USD with sustained appreciation since 2003.

8-12%
Annual ROI
On USD residential rental
USD
Dollarized market
No currency controls
0%
Capital controls
Free capital repatriation
4.2%
Average GDP
Annual growth 2015-2024

Why invest in Paraguay?

Six structural advantages that make Paraguay one of the most attractive markets in the region for real estate investors.

100% dollarized

Purchase and rental contracts are denominated in USD. Your investment and returns are protected from local inflation.

Constant appreciation

The price per square meter in Asunción grew an average of 6-8% per year over the last decade. Premium neighborhoods already exceed USD 2,000/m².

Secure legal framework

Foreigners have the same rights as Paraguayan citizens to buy, sell and rent properties without restrictions.

Developing market

Asunción still has prices well below Montevideo, Bogotá or Santiago. Early entry offers the highest capital gains.

Stable economy

Independent Central Bank, controlled inflation, low public debt and solid international reserves. Paraguay has not defaulted in decades.

Free repatriation

You can transfer your profits abroad at any time and in any currency without special permits, amount limits or additional tax withholding.

Available investment types

From entry-level apartments to cattle ranches. Choose the vehicle that fits your investor profile.

Residential properties

Apartments and houses for rent

Starting from USD 50,000 (studios and 1-bed)
Typical gross rental yield: 6-8% per year on property value
High demand from expats and university students
View available properties

Pre-sale projects

Off-plan purchase with appreciation potential

Price 20-30% below delivery value
USD installment plans during construction
Buildings with amenities, pool and coworking space
View pre-sale projects

Commercial properties

Offices and retail in high-traffic areas

Yield of 8-12% per year on well-located properties
Longer contracts: 3-5 years with guarantees
Mcal. López Avenue, shopping centers and free zones
Browse commercial & office properties

Ranches and farmland

Agricultural production and store of value

Fertile land from USD 500/ha in the interior
Paraguay, 8th largest soybean exporter in the world
Excellent returns in livestock and leasing
Browse ranches & farmland

Available opportunities now

Active projects and selected properties for investing in Paraguay.

ZUBA+ 20 and 21 · Asunción (Capital), delivery expected Jun. 2027
Presale New

Asunción, Asunción

Price on request

ZUBA+ 20 and 21 · Asunción (Capital), delivery expected Jun. 2027

ZUBA

213 units Delivery Jun 2027
ZUBA 19 · Luque (Central), delivery expected Dec. 2026
Presale New

Luque, Luque

Price on request

ZUBA 19 · Luque (Central), delivery expected Dec. 2026

ZUBA

150 units Delivery Dec 2026
ZUBA 22 · Encarnación (Itapúa), delivery expected Jun. 2027
Presale New

Encarnación, Encarnación

Price on request

ZUBA 22 · Encarnación (Itapúa), delivery expected Jun. 2027

ZUBA

Delivery Jun 2027
4-bedroom en-suite residence for sale in Surubi'i gated community, Mariano Roque Alonso
For sale Featured

Surubi'i, Mariano Roque Alonso

550.000
USD 385/m²

4-bedroom en-suite residence for sale in Surubi'i gated community, Mariano Roque Alonso

House

4 beds. 3 baths 1,429 m²
Two-floor residence for sale in Paraná Country Club, Hernandarias
For sale Featured

Paraná Country Club, Hernandarias

450.000

Two-floor residence for sale in Paraná Country Club, Hernandarias

House

4 beds.
20-hectare rural property for sale in Hernandarias, Colonia Nueva Fortuna
For sale Featured

Hernandarias, Hernandarias

1.000.000

20-hectare rural property for sale in Hernandarias, Colonia Nueva Fortuna

Rural property

20 ha

Investment guides for Paraguay

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Che Róga Porã 2026: Requirements, Rates, Caps and How to Apply for Your First-Home Loan in Paraguay

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Loma Plata will get a Holiday Inn: the first step of the Chaco Central Complex

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Arena, Hotel and Shopping Mall Proposed for Asunción's Costanera Norte: Government Puts the Proposal at USD 700 Million News
01 Oct 2026 ·3 min

Arena, Hotel and Shopping Mall Proposed for Asunción's Costanera Norte: Government Puts the Proposal at USD 700 Million

Businesspeople presented President Santiago Peña, in New York, with a proposal for an arena, an events center, a hotel and a shopping mall on Asunción's Costanera Norte. The government put the proposal at an estimated USD 700 million and said it still depends on municipal and environmental approvals.

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Fitch Affirms Paraguay at BB+ With a Positive Outlook: What Is Missing for Investment Grade News
01 Oct 2026 ·5 min

Fitch Affirms Paraguay at BB+ With a Positive Outlook: What Is Missing for Investment Grade

Fitch affirmed Paraguay at BB+, one notch below investment grade, with a positive outlook. The report highlights prudent macroeconomic policy and sets out what the agency needs to see to raise the rating.

Read more →

Step-by-step purchase process

Buying in Paraguay is simple and safe. You do not need to be a resident to become a property owner.

1

Selection

Choose the property with support from our team of advisors.

2

Reservation

10% deposit to reserve and signing of the purchase agreement.

3

Due diligence

Title verification, free of liens and tax debts.

4

Deed signing

Signing before a public notary and payment of the balance. The notary registers the property.

5

Registration

Registration at the General Directorate of Public Records (DGRP).

6

Possession

Receive the keys and start generating rental income or move into your new home.

Profitability calculator

Calculate the estimated return on your real estate investment in Paraguay based on the property value and expected rental income.

ROI Calculator

Calculate your return on investment

USD
USD
5%30%
0%15%
120

Results

Gross yield
9.0%
Net yield
7.6%
Estimated future value (5 years) USD 102.103
Total return USD 52.703
Total ROI in 5 years 66%

* Indicative estimate. Contact an advisor for more information.

Industry

Industrial Maquila Regime

Law 1064/97 (Maquila) allows foreign companies to operate in Paraguay with a single 1% tax on local value added, importing inputs duty-free and exporting the finished product. An incentive unmatched in the region.

  • Single 1% tax on local value added
  • Temporary import of inputs and machinery free of tariffs and VAT
  • Access to MERCOSUR markets with competitive geographic positioning
1%
Tax on value added

Compared to the standard 10% rate, the maquila regime offers a 10x lower tax burden for export-oriented industrial operations. Eligible sectors: manufacturing, textiles, technology, services and agribusiness.

Ready to invest in Paraguay?

Our specialized advisors will accompany you from property selection through to signing the title deeds. No-obligation consultation.