Paraguay's real estate market grows in 2026 with strong rental demand and Asunción concentrating 70% of searches

The Paraguayan real estate market kicked off 2026 with growth driven by a projected GDP of 4.2%, the achievement of investment-grade status by Standard & Poor's, and strong demand for rentals, which accounted for 53% of searches on the InfoCasas Paraguay portal, with Asunción concentrating 70% of that demand and two-bedroom apartments being the most sought after, while access to housing credit remains the main challenge for 38% of respondents.

Paraguay's real estate market grows in 2026 with strong rental demand and Asunción concentrating 70% of searches
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The Paraguayan real estate market started 2026 with signs of momentum, driven by a favorable macroeconomic environment, sustained demand for properties, and a positive perception of real estate investments. This is according to a report prepared by InfoCasas Paraguay based on data recorded on its portal between January and April of this year, a period in which more than 2.4 million visits, 271,308 monthly active users, and over 46,800 inquiries per month were logged.

The economic landscape follows this trend. After gross domestic product (GDP) growth of 6.6% in 2025, Paraguay maintains a projected expansion of 4.2% for this year. The recent attainment of investment grade by Standard & Poor's has strengthened investor confidence and improved the outlook for sectors linked to urban development and construction.

One of the report's key findings is that rental demand continues to outpace purchase demand. Of the searches conducted on the portal, 53% were aimed at rentals, compared to 47% for sales transactions. Within the rental segment, two-bedroom apartments overwhelmingly lead preferences, especially in the price range of US$450 to US$650 per month, reflecting the search by small families and young couples for tailored housing solutions.

The data reveal a high absorption rate in the rental market: a property for rent stays listed an average of just 27 days before a deal is closed, while properties for sale require about five months to find a buyer.

The study identifies two major search profiles. On one side, those looking for a property for personal use, focused on two-bedroom apartments and houses priced between US$100,000 and US$150,000. On the other, the investor profile is gaining strength, targeting one- and two-bedroom apartments valued between US$55,000 and US$95,000, aimed at properties with income or future appreciation potential.

The positive perception of the sector supports this trend. Seven out of ten users surveyed believe that investing in real estate remains a good long-term decision, consolidating the sector as one of the preferred stores of value among Paraguayans.

Asunción remains the main engine of the market. Seventy percent of all demand recorded on the portal was concentrated in the capital, while the Central department accounted for 25%. Alto Paraná captured just 3%, and the rest of the country made up 2%. This phenomenon is largely explained by the concentration of new real estate developments in strategic areas such as the vicinity of Shopping del Sol, Villa Morra, Recoleta, the area around the Círculo Internacional de Tenis (CIT), and the corridor along Avenida Molas López, where there is a growing supply of residential buildings and mixed-use projects.

Among the most sought-after areas for buying properties, Las Lomas, Luque, Ykuá Satí-Eje Santa Teresa, Villa Morra, and San Bernardino stand out. Las Lomas is positioned as the country's premium market: a two-bedroom apartment reaches a median of US$154,000, while three-bedroom or larger units go up to US$280,000. At the opposite end is Luque, with significantly more affordable prices: US$79,000 for two-bedroom units and US$151,000 for three-bedroom or larger properties.

A survey conducted with 5,000 recurring portal users shows that location remains the most important element when choosing a property, with 25% of mentions. Price ranks second, with 22%, followed by property size, with 19%. Despite the growth of vertical developments, the preference for single-family homes still predominates: 56% of respondents would prefer to live in a house, compared to 44% who would opt for an apartment.

Although the economic context is favorable, access to mortgage credit remains one of the market's main challenges. Thirty-eight percent of respondents rated access to financing as "fair," while 30% consider it difficult or very difficult. Only 26% perceive that obtaining a mortgage is easy or very easy. These results suggest that, despite the development of the financial system and the growing supply of mortgage products, there is still a significant gap between the needs of potential buyers and the actual conditions of access.

Regarding the future evolution of the market, a view of stability prevails: 44% of participants believe that property prices will remain unchanged over the next 12 months. A quarter expect increases, while 21% project declines. The expectation of stability could favor both buyers and investors, offering a more predictable environment for decision-making.

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Updated: Jun 15, 2026, 5:48 AM