La Encarnación, Estrella Y, Montevideo, Paraguay

U$S 1,850,000

Gs. ~10,750,000,000

Published 5 months ago
Category

Building

Views

636

Property for sale in Asunción’s historic center

Building for sale in La Encarnación, Asunción, Paraguay: U$S 1,850,000. Published on May 26, 2026 by Real Estate Advisor; updated on June 4, 2026.

Price per m² in La Encarnación: sale and rent

Strategically located in Asunción’s historic center, with street-to-street access connecting Estrella and Oliva streets, between Avda. Colón and Montevideo. It is steps from the Port of Asunción and close to the new government office hub.

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

Existing hotel on Estrella Street:

  • Land: 188 m²
  • Frontage: 7.5 m
  • Depth: 25.90 m
  • Building: 12 floors
  • 69 rooms
  • Capacity: 154 guests
  • 2 elevators
  • Private transformer
  • Water tank: 40,000 L and pump room

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

Land 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

Added value for premium gastronomic, 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

Why is this opportunity unique?
It combines features that are practically nonexistent in central Asunción:

  • Dual frontage (Estrella and Oliva)
  • Zoning that allows buildings of up to 17 hotel floors

Development possibilities:

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

Property details

ID

Category

Type

1529308

Building

Sale

Code

Updated

ICAC54

2026-05-26

Payment calculator

Monthly payment
US$ 11.651/mo
Loan
US$ 1.295.000
Interest
US$ 1.501.348
Total of payments
US$ 2.796.348
Down payment
US$ 555.000

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

Location

1.9м U$S

Location

Asunción

Address

La Encarnación, Estrella Y, Montevideo, Paraguay

What's nearby

Public transport
80 m · 1 min walk · 22 within 1 km
Supermarket
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300 m · 4 min walk · 9 within 1 km
School
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350 m · 4 min walk · 66 within 1 km
Pharmacy
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210 m · 3 min walk · 21 within 1 km
Park
Plaza Isabel la Católica
350 m · 4 min walk · 68 within 1 km
Show 6 more
University
Universidad Católica "Nuestra Señora de la Asunción" Sede Central
810 m · 10 min walk · 19 within 1 km
Hospital or clinic
Centro de Salud No.3
400 m · 5 min walk · 3 within 1 km
Beach
Playa de la Costanera
810 m · 10 min walk · 2 within 1 km
Bank or ATM
ASO VIERCI
20 m · 1 min walk · 60 within 1 km
Restaurant or café
La Maria Cocina y Carbon del Centro
100 m · 1 min walk · 92 within 1 km
Gym
Vit360
390 m · 5 min walk · 6 within 1 km

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

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