How much it yields, where to invest, what the risks are and how to buy as a foreigner — with no need to travel. By Yulia Traidova, certified real estate broker with 200+ properties managed.
Paraguay combines a USD-denominated real estate market with one of the lowest tax burdens in the region and no property restrictions for foreigners. It's not the only market with these traits, but it's one of the few where all three come together.
The pre-construction and move-in-ready market in Asunción is priced in USD, reducing a foreign investor's exposure to guaraní volatility.
Same property rights as a Paraguayan citizen over urban real estate. Only a valid passport needed — no residency, no mandatory local bank account.
A flat 15% IRNR on net rental income for non-residents. No significant property tax for a single property.
The Investor Pass grants permanent residency by investing from USD 200,000 in real estate — optional, not a requirement to buy.
Returns combine two components: rental income and capital appreciation. Neither is guaranteed — these are market estimates, not a fixed return.
| Component | Estimate | Detail |
|---|---|---|
| Gross annual yield | 5%–8% | Depending on zone and unit type. 1–2 bedroom units in corporate zones yield more. |
| Annual appreciation | 8%–13% | In Asunción's prime zones, between reservation and project delivery. |
| Pre-construction discount | 15%–25% | Versus an equivalent move-in-ready unit. |
| Estimated net yield (non-resident) | ~4.5%–6% | Gross yield minus vacancy, management and IRNR (15%). |
General Asunción market figures, August–September 2026. See the full breakdown by neighborhood, with real prices from the active portfolio, at price per m² by neighborhood →
It depends on the goal: executive rental yield, personal use, or a low entry ticket. Villa Morra and Ykua Satí see the strongest rental demand; Herrera and Luque offer the most accessible entry price without leaving zones with active supply.
See the full neighborhood comparison, with pros and cons of each zone →
Unlike a generic market guide, these aren't averages: they're the projects Yulia has in her portfolio today, with their real entry price.
Choose the property and sign a reservation with a 10%–30% deposit.
Submit your passport and proof of funds — no residency or travel required.
The notary runs due diligence on the title and prepares the public deed (2–4 weeks).
Sign and register the property in your name, in person or via power of attorney.
See the full 7-step process, costs and documents →
Buying pre-construction costs 15% to 25% less than an equivalent move-in-ready unit, with installments paid during construction. The trade-off is waiting for the build and taking on construction risk.
See how much the price changes at each stage of construction →
No real estate investment is risk-free. Here's what a foreign investor should weigh before reserving:
A certified real estate broker, trilingual (Spanish, English, Russian), with 200+ properties managed in Asunción. She works exclusively with apartments — pre-construction and delivered — because they have better resale liquidity and stronger executive rental demand than a standalone house in Asunción. Every figure in this guide comes from real projects available today, not a generic market average.
This page is the starting point. Every specific decision — which neighborhood, which construction stage, how to buy, how to get residency — has its own guide, calculated live from the active portfolio.
For an investor looking for USD-denominated rental income, a low tax burden and no property restrictions for foreigners, Paraguay is competitive against other capitals in the region. Gross yield runs around 5%–8% annually, and appreciation in prime zones adds 8%–13% more. This is not a guaranteed outcome.
Estimated gross annual yield of 5% to 8%, plus capital appreciation of 8%–13% in premium zones. Buying pre-construction adds a 15%–25% entry discount. See the full breakdown by neighborhood at price per m² by neighborhood.
Foreigners have the same property rights as Paraguayan citizens over urban real estate. The main risk isn't legal — it's execution risk: choosing a solid developer and a broker who does due diligence before you reserve.
Pre-construction 1-bedroom apartments from USD 55,000. Premium 2-bedroom units in top zones, from USD 90,000 to USD 180,000. There is no legal minimum — availability sets the floor.
No. Only a valid passport and proof of the source of funds. Paraguay also offers an investor residency path (Investor Pass), but it's optional, not a requirement to buy.
Yes, with no need to travel. Selection, signing via power of attorney, and fund transfers can all be done remotely, and a local property manager handles the rental.
Non-residents pay the IRNR, a flat 15% on net rental income. There is no significant property tax for a single property. Closing costs on the purchase add up to roughly 4.5%–5.5% of the price.
For a return-focused investor, yes: the entry price is 15%–25% lower than a move-in-ready unit. The trade-off is construction risk, mitigated by choosing a developer with a proven track record.
Free consultation with Yulia Traidova — certified broker, trilingual (EN · ES · RU), 200+ properties managed in Asunción.
WhatsApp Yulia Send inquiryAlso read: Best neighborhoods to invest → · How to buy as a foreigner → · Price per m² by neighborhood →