La Encarnación, Espacio E, Estrella, Asunción, Paraguay

U$S 1,850,000

Gs. ~10,810,000,000 / U$S 1,043/m2

US$ 1,043/m2 · 243% pricier than the median of La Encarnación

Published 5 months ago
Area

1773

Category

Land

Views

661

Property for sale in Asunción's historic center

Land for sale in La Encarnación, Asunción, Paraguay: U$S 1,850,000, 1773 m². Published on June 1, 2026 by Century 21 Prestigio; 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, between Avda. Colón and Montevideo. A short distance from the Port of Asunción and 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
  • Own transformer
  • Water tank: 40,000 L and pump room

Ideal for conversion, reopening, 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

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: dual frontage (Estrella and Oliva) and regulations permitting 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

ID 48711

Listed by 3 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

Area

1527078

Land

Sale

1773

Terrain

Code

Updated

1773

LF7550

2026-06-01

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, Espacio E, Estrella, Asunción, Paraguay

What's nearby

Public transport
2, 9-1, 9-3, 13, 15-1, 15-2, 15-3, 21, 23/24, 27, 38, 41-3
70 m · 1 min walk · 23 within 1 km
Supermarket
Biggie
230 m · 3 min walk · 9 within 1 km
School
1184 ESTADO DE ISRAEL
180 m · 2 min walk · 73 within 1 km
Pharmacy
El Alamo S.A.
280 m · 4 min walk · 21 within 1 km
Park
550 m · 7 min walk · 70 within 1 km
Show 6 more
University
Universidad Autónoma de Asunción (UAA)
650 m · 8 min walk · 23 within 1 km
Hospital or clinic
Centro de Salud No.3
280 m · 4 min walk · 3 within 1 km
Beach
Playa de la Costanera
960 m · 12 min walk · 2 within 1 km
Bank or ATM
Banco de Fomento
120 m · 2 min walk · 61 within 1 km
Restaurant or café
Taberna española
40 m · 1 min walk · 97 within 1 km
Gym
Vit360
230 m · 3 min walk · 8 within 1 km

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

Additional Actions

Street View
Century 21 Prestigio
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