At an event held on April 23 at the BMW Owner’s Club in Asunción, Francisco Soldani, Commercial Manager of the Petra Group, presented ideas on investments and profitability in the real estate sector. The event, organized by Amy Acosta, Partner of KW Carmelitas, brought together the entire network of agents from Keller Williams Paraguay.
In a globally interconnected and constantly changing world, foreign investors are constantly seeking opportunities that offer stability, profitability, and growth. Paraguay has emerged as an attractive investment destination, thanks to key variables that investors consider when evaluating a country.
Francisco Soldani shared his perspectives on why Paraguay is attractive to both local and foreign investors.
Paraguay stands out as a beacon of macroeconomic stability in a sometimes turbulent region. Inflation remains under control, providing investors with peace of mind. Additionally, sustained economic growth and exchange rate stability are fundamental pillars that attract investments.
The fiscal adjustment implemented in 2002 significantly reduced tax rates, stimulating both domestic and foreign investment. Other measures, such as the maquila regime and economic diversification, have strengthened the Paraguayan economy, making it attractive to international investors.
Fiscal stability and a high quality of life at relatively low costs make Paraguay an attractive destination for expatriates and retirees. Compared to other countries in the region, Paraguay offers still affordable real estate prices and high growth potential.
The Paraguayan real estate market is expected to continue developing, supported by economic growth and domestic demand. Access to mortgage credit at competitive rates will be crucial to drive this market and enable more people to fulfill the dream of homeownership.
With these encouraging prospects, Paraguay consolidates itself as an attractive destination for real estate investors, offering unique opportunities in an emerging market with high growth potential.
Paraguay has gained the respect of the international investment community thanks to its responsible management of public finances. Unlike some countries in the region with erratic fiscal policies, Paraguay has demonstrated a commitment to macroeconomic discipline. This translates into a lower risk of uncontrolled inflation and greater predictability in the economic environment. Foreign investors value fiscal stability, as it allows them to plan their long-term investments with greater confidence.
Paraguay offers a high quality of life at a relatively low cost compared to other countries in the region. This makes it an attractive destination for expatriates and retirees seeking a peaceful and affordable lifestyle. Prices of goods and services, such as housing, food, and transportation, are generally lower than in other South American countries. Additionally, Paraguay's pleasant climate and natural beauty contribute to its appeal as a living destination.
When comparing Paraguay with other countries in the region, interesting opportunities arise for real estate investors. In cities like Montevideo (Uruguay) or Buenos Aires (Argentina), apartment prices are at a high level. This creates a significant gap with Asunción, the Paraguayan capital, where prices are still relatively low. While an increase in property prices in Paraguay is expected as the country continues to develop, this increase will be supported by economic growth and domestic demand. Therefore, Paraguay presents a unique opportunity for investors looking to enter an emerging market with high growth potential.
While an increase in property prices in Paraguay is expected, this increase will be supported by economic growth and domestic demand. As the country achieves investment grade status and continues to consolidate its stability, the real estate market will experience significant development.
Access to mortgage credit at competitive rates will be crucial to drive the Paraguayan real estate market. An accessible financial system will allow young people to access home ownership, boosting demand and generating a virtuous circle of growth.
One of the most important aspirations for most people is the acquisition of their own home. The ultimate goal of a healthy real estate market is to facilitate access to housing for a wide spectrum of the population. Paraguay has the opportunity to become a role model in this regard, allowing a large number of people to fulfill the dream of homeownership.
If you would like to learn more about investment opportunities in Paraguay and the residential buildings of the Petra Group, you can contact Amy Acosta from Kw Paraguay at the following link.