La Encarnación, La Encarnacion, Asunción, Paraguay

U$S 18,500,000

Gs. ~106,101,000,000 / U$S 10,434/m2

US$ 10,434/m2 · 3375% pricier than the median of La Encarnación

Published 5 months ago
Area

1773

Category

Land

Views

514

1,773 m² plot in central Asunción

Land for sale in La Encarnación, Asunción, Paraguay: U$S 18,500,000, 1773 m². Published on May 13, 2026 by Century 21 SKY; updated on May 15, 2026.

Price per m² in La Encarnación: sale and rent

Total area: 1,773 m²

Why is this opportunity unique?
It combines features that are practically nonexistent in central Asunción: dual frontage (Estrella and Oliva) and regulations permitting construction of up to 17 hotel floors.

Development possibilities:

  • Modern hotel or complete conversion
  • Mixed-use development (hotel, commercial and corporate)
  • High-end tourism or gastronomy project

Location:

It has street-to-street access, connecting Estrella and Oliva streets, between Avda. Colón and Montevideo. It is steps from the Port of Asunción, one of the city's growing cultural hubs, where art, gastronomy and activities constantly enliven the area. It is also close to the new government office hub, which boosts demand and ensures continuous activity.

Plot features:

  • Total area: 1,773 m²
  • Central Regulation Area
  • Up to 17 floors permitted for hotel development

Existing hotel on Estrella Street:

  • Plot: 188 m²
  • Frontage: 7.5 m
  • Depth: 25.90 m
  • 12-story building
  • 69 rooms
  • Capacity: 154 guests
  • 2 elevators
  • Own transformer
  • Water tank: 40,000 L and pump room

Ideal for conversion, reactivation or integration into a larger development.

Plot and parking on Estrella:

  • Area: 580 m²
  • Frontage: 17 m
  • Depth: 11.50 m
  • Side: 34.90 m
  • Total frontage on Estrella: 24 meters

Heritage mansion on Oliva:

  • Area: 501 m²
  • Frontage: 12.20 m
  • Depth: 42 m

Unique added value for a premium gastronomy, cultural or commercial development.

Vacant lot on Oliva:

  • Area: 504 m²
  • Frontage: 13.8 m
  • Depth: 39.5 m
  • Total frontage on Oliva: 26 meters

ID 48711

Listed by 5 agencies

The same property in other agencies' listings on our site. Prices as each agency publishes them.

Same price everywhere: U$S 18,500,000

Property details

ID

Category

Type

Area

1511950

Land

Sale

1773

Terrain

Code

Updated

1773

G4F95D

2026-05-13

Payment calculator

Monthly payment
US$ 116.515/mo
Loan
US$ 12.950.000
Interest
US$ 15.013.483
Total of payments
US$ 27.963.483
Down payment
US$ 5.550.000

Approximate: fixed rate, no insurance or fees. Check the terms with your bank.

Location

18.5м U$S

Location

Asunción

Address

La Encarnación, La Encarnacion, Asunción, Paraguay

What's nearby

Public transport
Alberdi
260 m · 3 min walk · 20 within 1 km
Supermarket
City Market Manduvirá
260 m · 3 min walk · 13 within 1 km
School
7971 (EX 170) JARDIN DE INFANTES KUNU'U RAITY
140 m · 2 min walk · 87 within 1 km
Pharmacy
El Alamo S.A.
390 m · 5 min walk · 23 within 1 km
Park
Plaza Italia
400 m · 5 min walk · 70 within 1 km
Show 6 more
University
Universidad Autónoma de Asunción (UAA)
390 m · 5 min walk · 21 within 1 km
Hospital or clinic
Centro de Salud No.3
420 m · 5 min walk · 3 within 1 km
Beach
Playa de la Costanera
1.2 km · 14 min walk
Bank or ATM
Banco de Fomento
220 m · 3 min walk · 72 within 1 km
Restaurant or café
Ña Modesta
190 m · 2 min walk · 99 within 1 km
Gym
Cecilia Center
170 m · 2 min walk · 8 within 1 km

Straight-line distance, walking time at 4.8 km/h. Map data © OpenStreetMap contributors

Additional Actions

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