4 Costly Mistakes Expats Make When Buying in Paraguay
If you're thinking about buying property in Paraguay—whether as an investment, for relocation, or a second home—this guide is for you. I created it to help you navigate the market respectfully and intelligently, without falling into the traps many expats unknowingly walk into. Let’s get into it.
4/9/20252 min read
Mistake #1: Overpaying Because You're a Foreigner
What Happens:
Many sellers increase prices when they know the buyer is not from Paraguay. Without local guidance, you could easily pay 30–50% more than the real value.
What to Do Instead:
Always compare pricing in guaraníes and not just USD.
Get a second opinion from a bilingual consultant or local realtor you trust (not one who only works with foreigners).
Never rush. The market isn’t as competitive as in the U.S.—you have time to negotiate.
Mistake #2: Relying on the Wrong “Connections”
What Happens:
Expats often connect with someone who seems helpful—drivers, hotel staff, even immigration “fixers”—who refer you to friends or family selling land. These are rarely professionals.
What to Do Instead:
Ask for licensed, vetted agents or consultants.
Avoid working with someone who can’t explain zoning, utilities, and title transfer processes clearly.
Use a referral network where professionals are verified—we can help with that.
Mistake #3: Choosing the Wrong Location for Your Needs
What Happens:
You fall in love with a neighborhood based on a quick tour—but later realize there’s no Wi-Fi, the roads flood, or the local economy doesn’t match your lifestyle or investment goals.
What to Do Instead:
Spend a week in the area you’re considering.
Ask locals what they love and don’t love about the neighborhood.
Think about your long-term lifestyle—transportation, walkability, healthcare access, etc.
Mistake #4: Underestimating Ongoing Costs and Management
What Happens:
You buy a property, then realize you need someone to maintain it, manage tenants, or pay utility bills when you’re not in Paraguay. This can become a burden or even a loss.
What to Do Instead:
Budget for property management (10–20%)
Use a local manager you trust—or go through a reputable firm
Make sure your property is set up legally to rent (Airbnb or long-term)
BONUS: What To Do Next
Want personalized help from someone on the ground who’s helped both locals and expats navigate the market?
➡️ Book a Consultation with Casa Vista Group
We’ll give you the real story—no pressure, no sales tactics. Just guidance.