MFMiranda FeliciángeliReal Estate · Paraguay
Venire Villa Morra at dusk, Asunción (rendering)

Asunción · Recoleta · Villa Morra · Ykua Sati · Mburucuyá · Las Lomas

Apartments in Asunción from USD 69,835, for investors buying from Europe.

I select projects from developers with construction under way, compare price, payment plan and delivery, and handle the transaction remotely through to the deed. Also in Luque, Limpio, Ciudad del Este and Encarnación.

Rendering: Venire Villa Morra

8years analysing real estate investments for clients
USD 3,5 Min sales under my management at Parquealto
20%down payment with Creo; balance in agreed instalments

Current selection · 4 buildings

What I recommend today, and why

All by Creo Inmuebles, with price lists verified this week. If I cannot defend a project with numbers, it is not here.

Binding price in the original currency. Approximate conversions: ₲ 5,735 per USD (21 October 2026) and USD 1.1202 per EUR (23 October 2026).

Paraguay in figures

What a European investor checks before buying, with official data. Reviewed in October 2026.

Stability2 of 3

rating agencies place Paraguay at investment grade: Moody’s (Baa3) and S&P (BBB-). Fitch is at BB+ with a positive outlook.

1
Growth6,6%

economic growth in 2025. The IMF projects 4.4% for 2026.

2
Prices3,3%

is the inflation the Central Bank projects for the end of 2026, below its 3.5% target.

3
Taxes10%

is the corporate income tax rate and the top personal income tax rate. The annual property tax is 1% of the fiscal value, not the market value.

4
Running costs≈ USD 0,07

per kWh of residential electricity, thanks to Itaipú: among the lowest in the region.

5
ResidencyUSD 200.000

of real estate investment with an economic purpose open the door to a permanent residency application through the Paraguay Investor Pass, a government programme subject to its own requirements.

6
  1. Moody’s (affirmed July 2026), S&P (December 2025), Fitch (October 2026).
  2. BCP, national accounts 2025; IMF Article IV, August 2026.
  3. BCP, projection of August 2026.
  4. PwC Tax Summaries, October 2026; Decree 5181/2025.
  5. Regional tariff data published by La Nación, January 2026.
  6. MIC Resolution 0283/2026. It is not yet confirmed whether units can be combined or whether off-plan purchases count; no unit on this site guarantees eligibility.

How I work

First I understand your case. Then I show you properties.

  1. I
    Your case

    Living or investing, budget, area, payment method and timeframe.

  2. II
    Comparison

    Price per m², payment plan, developer and delivery date in one table. If something deserves a second look, I tell you first.

  3. III
    Remote transaction

    Reservation, documents, signing and construction follow-up without you having to travel each time.

Living room at Ventura Ykua Sati (rendering)
Joaquín Miranda Feliciángeli

Who is behind this

Joaquín Miranda Feliciángeli

Lawyer qualified in Paraguay, six years at the Public Prosecutor’s Office, five with Emirates in Dubai and development lead at Parquealto. I now live in Barcelona and work on the buyer’s side: getting you to signing knowing exactly what you are buying.

My full background →

Next step

Tell me your case. I will reply with concrete options and numbers.

Seven questions, about three minutes. With that I prepare a first comparison with prices, payment terms and delivery dates.

Also looking for residency? Under the Paraguay Investor Pass, a real estate investment from USD 200,000 allows a permanent residency application. I will tell you which options could qualify.

Message me