◆ Buying process

How to buy an apartment in Paraguay from abroad

Asunción's real estate market offers attractive returns. If you are investing in Paraguay for the first time, it is normal to have questions about the administrative process. Here we break it down step by step — whether off-plan, a duplex under development or a finished unit — so you know what to expect.

Requirements, payments and legal timelines for foreign buyers

To reserve

Passport

No residency or Paraguayan ID required

Bank compliance

Weeks

Depends on the bank and your documents

Payments

SWIFT

To the trust or developer account

Cadastre & Registry

3+ months

With possession and rental income in the meantime

Reserve and sign with your passport

You don't need residency or a Paraguayan ID to invest. You can reserve the unit and sign the Boleto de Compraventa (a binding private purchase agreement) using only your valid passport.

Time · Days

Compliance and source of funds

To comply with anti-money-laundering laws (SEPRELAD), the bank and the developer will ask for your profile (KYC), a copy of your passport, proof of address and documentation of the source of your funds (tax returns, statements, sales). Any document in a language other than Spanish or Portuguese requires a translation.

The bank "patience factor". Let's be transparent: banks in Paraguay are slow. It is very common that, just when you think you have handed everything in, the bank asks for an extra document or a clarification. Don't be alarmed: this is completely normal and does not mean your investment is at risk. If your funds are in order, the bank approves the transaction.

Time · Weeks, depending on the bank

Payment structure

Off-plan units: down payment + installments tied to construction progress + payment on delivery.
Finished units: usually a single payment upon signing the deed.

Transfers are made via SWIFT to the account of the trust or the developer.

Buying with cryptocurrency? It is more common every day. Each case has its own particularities and must be properly structured with professional advice so the transaction is carried out legally.

Deed, Cadastre and Public Registry

The final step causes the most anxiety because of government timelines. Whether it is subdividing a new building or transferring title on a finished unit, the process at the Cadastre and the Public Registry can take more than three months.

Peace of mind. This delay is systemic and affects everyone. While your notary moves the process forward, you already have physical possession: you can rent out the unit and earn income, backed by your contract or by the deed in process.

Time · More than 3 months

This guide describes the usual process and does not replace legal advice from a notary. Timelines are indicative and depend on each bank, developer and procedure.

We guide you every step of the way

From reservation to deed, with the notary, the bank and the developer coordinated by us.

Talk to an advisor

Reserve and sign with your passport

Compliance and source of funds

Payment structure

Deed, Cadastre and Public Registry

We guide you every step of the way

Paraguayan ID and residency by investment