Real Estate in Paraguay

Last updated on Feb 09, 2024

Summary: An expat looking to buy a home in Paraguay should begin by researching the local real estate market. It is important to understand the local laws and regulations regarding foreign ownership of property, as well as the types of properties available. Expats should also consider their budget and the type of amenities they are looking for in a home. Foreigners are allowed to purchase property in Paraguay, but there are certain restrictions. For example, foreigners are not allowed to purchase land within 50 kilometers of the border. Additionally, foreigners must obtain a special permit from the Ministry of Foreign Affairs in order to purchase property. Homes in Paraguay typically include basic amenities such as running water, electricity, and sewage. Many homes also have air conditioning, internet access, and other modern amenities. Expats should also consider the location of the property, as some areas may be more desirable than others.

How do I find a place to live in Paraguay?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"One of the best ways to find a place to live in Paraguay is to use online resources such as websites and social media. Websites such as Craigslist, Expat.com, and Global Property Guide are great resources for finding rental properties in Paraguay. Additionally, social media platforms such as Facebook and Twitter can be used to connect with people who may have rental properties available. It is also possible to find a place to live in Paraguay by asking around in the local community. Asking friends, family, and colleagues who live in Paraguay can be a great way to find a place to live. Additionally, local newspapers and bulletin boards can be a great source of information for finding rental properties," explained one person living in Paraguay.

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About the Author

Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

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Flexible solutions allow you to tailor your cover to meet your needs and budget. Use Promocode: LIFE10 and get 10% off your international health insurance for life!
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