Three questions decide whether anything else matters: can you own it, does the register hold, and is your deposit protected. Here are the answers for Paraguay, each with the law or source it rests on. The answers are written for EU and EEA citizens; where rules differ for other nationals, the ownership answer says so. As of September 2026.
The core answers
Can you buy property here as an EU citizen?
Full ownership like nationals. In the 50-kilometre border zone restrictions apply to nationals of neighbouring countries.
Legal basis: Ley 2532/2005, Zona de Seguridad Fronteriza
Residence
Permanent residence for investors under Ley 6984/22 only with an MIC investor certificate via SUACE; no property route
Source: suace.gov.py
First thing to check
- Whether the area stated in the title matches the cadastral survey and whether a competing chain of title exists for the same land. Multiple titling is the most common cause of total loss here.
All 24 dimensions
Scale 0 to 100, higher is better. Each value shows where it comes from: tied to a published index, own research with a source on file, or approximated from comparable countries.
Law and register
| Dimension | Score | Origin |
|---|---|---|
| Property rights | 27 | Index |
| Register | 44 | Research |
| Deposit protection | 32 | Research |
| Rule of law | 31 | Index |
| Freedom from corruption | 19 | Index |
| Political stability | 59 | Index |
Money and market
| Dimension | Score | Origin |
|---|---|---|
| Purchase costs | 38 | Approximation |
| Tax burden | 95 | Index |
| Entry price | 78 | Research |
| Price development | 39 | Approximation |
| Demand pipeline | 62 | Index |
Residence and access
| Dimension | Score | Origin |
|---|---|---|
| Residence | 40 | Research |
| Exit | 88 | Index |
| Currency | 30 | Index |
| Accessibility | 24 | Research |
Place and building stock
| Dimension | Score | Origin |
|---|---|---|
| Climate | 66 | Index |
| Natural hazards | 84 | Index |
| Utilities | 38 | Index |
| Build quality | 48 | Research |
| Construction cost | 68 | Research |
| Quality of life | 40 | Approximation |
| Healthcare | 61 | Approximation |
Researched individually
These entries do not come from an index but from research for this country. The source is given with each.
Residence
Permanent residence for investors under Ley 6984/22 only with an investor certificate from the MIC (Ministry of Industry and Trade) via SUACE; no property route
Source: suace.gov.py · 2024
Accessibility
10,666 km great-circle distance from Munich
Source: Grosskreisentfernung Muenchen-Hauptstadt · 2026
Build quality
BQCI 8/15 (WB Doing Business 2020) + WGI Government Effectiveness 44,45 (2024), Gewicht 35/65
Source: archive.doingbusiness.org · 2019
Place and building materials
What to check in Paraguay
Derived from the four weakest dimensions of this country - statistically, that is where buyers lose money.
- Freedom from corruption. Whether permits are granted by rules or by connections.
- Accessibility. How often you can realistically get there - and whether a site inspection is possible in one day.
- Property rights. Whether you can acquire full ownership at all as a foreign private individual - or only a right of use, a company or a special zone.
- Currency. The exchange-rate risk between purchase currency, rental currency and your own.
Developers and projects in Paraguay
The developer index records 22 projects and 8 developers in Paraguay without rating them, each entry with source and retrieval date. An excerpt:
| Project | Place | Developer | Status |
|---|---|---|---|
| Garay | Asunción | Habitalis | completed |
| Las Mercedes | Asunción | Habitalis | completed |
| Lynch | Asunción | Habitalis | completed |
| Matrisa Boggiani | Asunción | Matrisa Desarrollos Inmobiliarios | completed |
| Matrisa Lillo | Asunción | Matrisa Desarrollos Inmobiliarios | under construction |
| Mburucuyá | Asunción | Habitalis | on sale |
| Molas López | Asunción | Habitalis | completed |
| Sajonia | Asunción | Habitalis | completed |
| Villa Morra | Asunción | Habitalis | on sale |
| BeLive Molas I | Barrio Las Lomas | Codesarrollos S.A. | completed |
| BeLive Molas II | Barrio Las Lomas | Codesarrollos S.A. | under construction |
| El Paraiso Verde | Caazapá | RELJUV S.A. | partly handed over |
Individual project pages are currently in German; they contain the recorded data, the source and the retrieval date.
All 22 projects and 8 developers in Paraguay
Lawyers in Paraguay
These firms have agreed to be named here. There is no partnership, no cooperation agreement and no payment in either direction - neither from me to them nor the other way round. They check title, encumbrances and contract. I check the building and the developer. Each side is instructed directly by the buyer. Being named is not a recommendation in the legal sense and creates no responsibility on the part of those named for my work. The legal information on this page is my own summary and is not legal advice from the firms listed.
- Aussersteiner & Asociados – Maximilian Aussersteiner · Capiatá (Greater Asunción) · German-speaking
- Dr. Miguel Gauto · Munich and Asunción · German-speaking, registered with the Munich Bar as Abogado (Spain) under section 2 EuRAG; a Paraguayan matrícula is not on record · miguel.gauto@t-online.de · +49 179 517 48 93
- Jan Sören von Richter · Villarrica · German-speaking · janvonrichter@gmail.com
- Stephan Schultheiss, Rechtsanwalt · Asunción · German-speaking · s.schultheiss@gmail.com
Why Paraguay is on the list at all
Paraguay is not a holiday market. It is a relocation market. In 2025, 40,600 foreigners were granted residence permits, 42 per cent more than the year before; Germans rank second with 1,652 permits, behind Argentinians (paraguay.com). What gets bought differs accordingly from southern Europe: land, houses to live in, gated developments around Asunción and inland.
That explains the pattern behind the cases. A buyer in southern Europe usually buys a finished building. A buyer in Paraguay often buys land and has something built on it - frequently from abroad, through intermediaries, paying ahead of construction.
Open: transaction volumes and price levels by region are not reliably available in public sources. Both are left unanswered here rather than estimated.
The five places where Paraguayan purchases most often go wrong
The German embassy in Asunción warns explicitly about land sold twice and about sales by people who are not the owner, and states that enforcing such claims through the courts is rarely successful (German Embassy Asunción).
- The same plot, sold twice. Two buyers, two contracts, one piece of land. Paying first does not automatically mean prevailing. What gets checked: the register immediately before payment, not the extract the seller brings along.
- Sale by someone who is not the owner. Usually through powers of attorney whose chain nobody traces back. What gets checked: who is actually on the register, and whether the power of attorney is valid, unrevoked and tied to this specific plot.
- Deposits paid straight to the developer. In April 2026, fourteen foreign investors filed a complaint against an off-plan project over alleged fraud (Última Hora). What gets checked: whether the payment is secured and whether the schedule follows real construction progress.
- Building from abroad, with nobody checking on site. In August 2026 a couple was accused of misusing construction funds transferred from Switzerland for a house in Ciudad del Este (Prensa Mercosur). In July 2026, prosecutors searched a gated development inhabited by Germans in Guairá; a loss of around 400,000 euros was at issue (Visión Comunicaciones). What gets checked: whether someone independent records construction progress on site before the next instalment leaves.
- Litigation as plan B. Proceedings take time, and the embassy itself writes that they rarely succeed. What gets checked: everything that comes before the transfer - after it, court is the only option left.
The three cases above appear without the names of people or projects. They are cited as a pattern, not as a verdict on individuals; investigations are or were ongoing in all three, and the presumption of innocence applies.
What a buyer-paid inspection settles in Paraguay
Law. Register status and chain of title, powers of attorney and their validity, zoning and servicing of the plot, outstanding charges. In Paraguay this is the main event, not a footnote.
Developer and building partner. Who actually builds, what has already been completed and handed over, and how the company stands in the register. The developer index records this country's projects without judgement, every entry with its source and retrieval date.
Fabric and site supervision. For a house going up while the owner is abroad, construction progress is the real security. Recording it on site, comparing it against drawings and specification, and releasing the next instalment only after that record. In this market, that is the service that carries the most weight.
Market. Whether the price matches local levels or is a price for foreigners, and whether the property can be sold on.
Location. Access, power, water, sewage, flood exposure, distance to a clinic and a school. For land inland this decides more than the price per square metre.
Sources
- paraguay.com: residence permits granted to foreigners in 2025
- German Embassy Asunción: notes on buying land
- Última Hora: complaint by foreign investors over off-plan projects, April 2026
- Prensa Mercosur: alleged misuse of construction funds, August 2026
- Visión Comunicaciones: search of a gated development in Guairá, July 2026
What the guide cannot do
A country can look good in all three columns and the specific property can still be a total loss. The reverse is also true: in a country with a weak register, a cleanly titled plot can be entirely unproblematic. The guide tells you what the environment looks like. Whether this one property holds up is decided by the review.