Asunción, Ciudad del Este, and Encarnación: how the country's real estate map is shifting

Paraguay's real estate map is no longer just Asunción. While the capital still concentrates the largest number of projects — with steady growth in approved residential and corporate buildings — two other cities have been gaining ground of their own in 2026.

Ciudad del Este shows rising housing demand driven largely by Brazilian families crossing the border in search of more affordable prices than on the Brazilian side, on top of an expanding commercial and logistics ecosystem.

Encarnación, meanwhile, is capturing more investment tied to tourism and mixed-use housing — residential and vacation — favored by its waterfront and proximity to Argentina.

For anyone deciding where to invest, the advice is simple: look beyond Asunción. The same budget can go a very different distance depending on the city, and on Asunova you can filter projects by area to compare real opportunities across all three markets.