Paraguay's real estate market to move nearly USD 3 billion in 2026

Paraguay enters 2026 at one of the best moments in its recent real estate history: various sector projections put the year's transaction volume at close to USD 3 billion, driven by a housing shortage that already exceeds one million homes nationwide.

Growth isn't even across the country. Asunción shows a steady rise in approved building permits, with more residential and corporate buildings under development. Ciudad del Este, meanwhile, sees housing demand grow driven by Brazilian families crossing the border in search of better prices, while Encarnación is capturing more investment tied to tourism and vacation housing.

The other side of the coin is costs: land, construction, and financing keep pushing prices up. That makes the market more selective, since not every project manages to pass those costs on to the final buyer in the same way.

At Asunova we track this closely to help you identify, among the active projects in Asunción, Ciudad del Este, and Encarnación, which ones hold the best price-to-appreciation ratio in this context.