La Encarnación, Estrella & Montevideo, Asunción, Paraguay

U$S 18,500,000

Gs. ~106,662,000,000 / U$S 10,434/m2

US$ 10,434/m2 · 3328% pricier than the median of La Encarnación

Published 5 months ago
Area

1773

Category

Land

Views

690

Property for sale in Asunción's historic center

Land for sale in La Encarnación, Asunción, Paraguay: U$S 18,500,000, 1773 m². Published on May 18, 2026 by Asesores Inmobiliarios; updated on October 20, 2026.

Price per m² in La Encarnación: sale and rent

Property in Asunción's historic center, with street access from both sides connecting Estrella and Oliva streets, between Avda. Colón and Montevideo.

Location:

  • Steps from the Port of Asunción, one of the city's growing cultural hubs, where art, gastronomy and activities constantly energize the area.
  • Near the new government office hub, which drives demand and ensures a steady flow of activity.

General features:

  • 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
  • Dedicated 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
  • Unique added value for a 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?
Because it combines features that are practically nonexistent in downtown Asunción:

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

Potential projects:

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

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

1750881

Land

Sale

1773

Terrain

Code

Updated

1773

V93BE5

2026-08-06

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, Estrella & Montevideo, Asunción, Paraguay

What's nearby

Public transport
90 m · 1 min walk · 22 within 1 km
Supermarket
El Puerto
310 m · 4 min walk · 9 within 1 km
School
COLEGIO LOS OLIVOS
350 m · 4 min walk · 65 within 1 km
Pharmacy
Masi Hermanos S.A.
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
790 m · 10 min walk · 19 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
790 m · 10 min walk · 2 within 1 km
Bank or ATM
ASO VIERCI
10 m · 1 min walk · 60 within 1 km
Restaurant or café
La Maria Cocina y Carbon del Centro
90 m · 1 min walk · 92 within 1 km
Gym
Vit360
390 m · 5 min walk · 5 within 1 km

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

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