La Encarnación, Mandioca Hostel, Avda. Colón Y, Asunción, Paraguay

U$S 1,850,000

Gs. ~10,623,000,000

Published 2 months ago
Category

Hotel

Views

191

Property for sale in Asunción's historic center

Hotel for sale in La Encarnación, Asunción, Paraguay: U$S 1,850,000. Published on July 27, 2026 by Century 21 - Alliance; updated on October 20, 2026.

Price per m² in La Encarnación: sale and rent

Property in a strategic location in Asunción's historic center. It has access from street to street, 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, and near the new government office district.

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

Existing hotel on Estrella Street:

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

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

Lot 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 a premium culinary, 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 downtown Asunción:

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

Possible projects:

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

ID 48711

Listed by 4 agencies

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

Same price everywhere: U$S 1,850,000

Property details

ID

Category

Type

1730112

Hotel

Sale

Code

Updated

G6C6EB

2026-07-27

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, Mandioca Hostel, Avda. Colón Y, Asunción, Paraguay

What's nearby

Public transport
Hernandarias
650 m · 8 min walk · 13 within 1 km
Supermarket
Biggie
230 m · 3 min walk · 9 within 1 km
School
1199 INMACULADO CORAZON DE MARIA
60 m · 1 min walk · 85 within 1 km
Pharmacy
Christian 3
650 m · 8 min walk · 29 within 1 km
Park
plaza San Jose
240 m · 3 min walk · 12 within 1 km
Show 6 more
University
Universidad Autónoma de Asunción (UAA)
380 m · 5 min walk · 10 within 1 km
Hospital or clinic
Centro de Salud No.3
430 m · 5 min walk · 6 within 1 km
Beach
Playa de la Costanera
1.6 km · 20 min walk
Bank or ATM
Interfisa
410 m · 5 min walk · 33 within 1 km
Restaurant or café
La Económica
200 m · 2 min walk · 66 within 1 km
Gym
Gimnasio Arena Fitness Centro de entrenamiento
190 m · 2 min walk · 7 within 1 km

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

Additional Actions

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