Asunción Among the Most Affordable Capitals for Investment

The details in the article.

Paraguay’s capital stands out as one of the cities with the lowest price per square meter in the region, making it an ideal destination for growth-oriented investments.

Asunción is solidifying its position as one of the most affordable Latin American capitals for real estate investment, according to data from the Latin American Real Estate Survey (RIAL), compiled by the Center for Financial Research at Torcuato Di Tella University in partnership with ZONAPROP. Although Asunción is not part of the survey’s official panel of 12 cities, an estimate based on the same methodology placed its average price per square meter at USD 1,697.

This figure would rank Asunción tenth in the regional comparison, below Panama City (USD 1,804/m²) and above Córdoba (USD 1,628/m²). The calculation was based on local real estate listings from March, adjusted for the average exchange rate during the period, and considered only apartments between 20 and 100 square meters located in areas comparable to upper-middle-class neighborhoods.

The study offers insights into market trends across cities such as Montevideo, which tops the ranking with USD 3,330/m², followed by Mexico City, Monterrey, and Buenos Aires, where prices exceed USD 2,500/m². In this context, Asunción is up to 39% cheaper than the average of the most expensive cities, highlighting significant potential for future value appreciation.