Can foreigners buy property in Paraguay in 2026?

Ask an independent escribano (public notary) who represents you, not only the listing agent, for a recent title study at the Dirección General de los Registros Públicos (DGRP). It should show the registered owner, liens, mortgages, annotations, and tax or municipal debt status. Compare that paper to the physical unit, seller identity, and cadastral description. Scam and misrepresentation risk rises when sellers push urgency on Encarnación Costanera towers or Ciudad del Este deals: Avoid rental scams for the same “pay before you verify” pattern.

Confirm expensas arrears, pet and short-rental restrictions, and fibre before you treat a tower price as complete: Living in Asunción, Where to live in Paraguay, and Asunción cost of living. Closing typically runs through a boleto or promise contract, then an escritura pública before the escribano and registration in the DGRP. Registration, often weeks to a few months, is what protects you against third parties.

Ley 2532 creates a roughly 50 km border security zone where rural land purchases by nationals of neighbouring countries (Brazil, Argentina, Bolivia) and certain controlled companies face prohibitions or special Executive authorisation. Urban border cores such as parts of Ciudad del Este or Encarnación often receive different treatment, yet rural strip deals still need specialist counsel and Catastro certificates. Non-neighbouring nationals are generally freer outside those rural restrictions, but never skip the geo check.

Avoid INDERT or unresolved fiscal parcels and land still inside transfer-restriction windows. Ownership does not replace Migraciones or banking KYC: Get a cédula and Open a bank account. Rent first if you are still testing barrios: How to rent a home and Short-term housing for newcomers.