City Life or Country Living: Paraguay Housing Guide

By Alexandra Allover | 2024-10-06

When it comes to finding a safe home or investment property in Paraguay, two key options stand out: urban apartments in Asuncion and gated, lakefront properties by Lake Ypacarai. Whether you’re looking for city conveniences or countryside peace, both choices offer security and a sense of community. In this blog, we’ll explore the lifestyle, cost, and safety benefits of each option to help you make the best decision.

You can watch my video on City vs. Country side living in Paraguay, and schedule a call with me if you’re interested in life in Paraguay. Or maybe you are considering securing a convenient second residency there?

 

Safe City Living in Asuncion

For those seeking a secure and modern lifestyle, living in the capital city of Asuncion offers plenty of advantages. Apartments in the city come with built-in safety measures, including 24-hour security and concierge services, ideal for professionals, expats, and families.

Key Features of Safe City Apartments:

  • Security Systems: High-rise apartments feature secure entry points, often with 24-hour doormen, keycard access, and CCTV systems.
  • Ideal for Cosmopolitan Living: Asuncion offers a range of entertainment and services, from top-tier restaurants to shopping malls.
  • Popular Neighborhoods: Districts like Mburucuyá and Villa Morra are known for their safety and proximity to coworking spaces, cultural activities, and schools.

Price of City Apartments:

A standard two-bedroom apartment in Asuncion’s most desirable areas costs around $200,000, making it a premium option for those seeking modern amenities and safety.

 

Benefits of Urban Living:

  • High-End Security: Most high-rise buildings are equipped with advanced security measures, including gated access and video surveillance.
  • Shared Amenities: Residents enjoy shared facilities like gyms, pools, and coworking spaces, all within a secure environment.
  • Convenient Location: Hospitals, schools, and restaurants are within easy reach, allowing for a more relaxed and comfortable city experience.

Downsides:

  • Crowded Spaces: Even in a secure building, city apartments can feel small, especially if you prefer more open, personal space.
  • Future Development Risks: City living means your view or proximity to quiet spaces could be interrupted by new high-rise developments.

 

Gated Community by Lake Ypacarai for Peaceful, Secure Living

For those prioritizing space, privacy, and a strong connection with nature, a gated community by Lake Ypacarai offers an appealing alternative. These rural, secure properties allow you to enjoy countryside living while maintaining high levels of safety and community.

Key Features of Gated Communities:

  • Gated Access: These communities are fully gated and often feature round-the-clock security patrols, offering a sense of safety and peace of mind for residents.
  • Proximity to Nature: With lakefront access and expansive green spaces, living in this area is ideal for those seeking serenity and beautiful views, while still being only a short drive from Asuncion.
  • Perfect for Custom Builds: You can purchase a lot and design your dream home, enjoying the peace of mind that comes with being in a secure, gated environment.

Price of Gated Lakefront Properties:

Lots in these gated communities start at around $20,000–$30,000 for a 630m² plot, offering a more affordable alternative to city apartments, especially if you’re open to building your home from scratch.

Benefits of Gated Communities:

  • Safe, Spacious Living: The gated entry and security patrols ensure that residents feel protected, while the large lots provide more space to spread out.
  • Lakefront Lifestyle: These properties offer stunning views of nature, making them perfect for those who enjoy outdoor living, all while knowing the area is secure.
  • Affordable Investment: Compared to city apartments, the lower cost of land makes these properties an attractive choice for both investment and personal living.

Downsides:

  • Development Required: While the community is secure, many lots are undeveloped, and it could take time to build your home.
  • Limited Swimming Options: Unfortunately, Lake Ypacarai is not always suitable for swimming due to seasonal pollution, though the scenic beauty remains.

 

Comparing City Apartments and Gated Lakefront Properties for Safe Living

Both options offer secure environments but cater to different lifestyle preferences:

Price:

  • City Apartments: Around $200,000 for a modern two-bedroom apartment with advanced security features.
  • Gated Lakefront Properties: Starting at $20,000–$30,000 for a 630m² lot, making it a more budget-friendly choice with room to build.

Safety:

  • City Apartments: High-rise living with concierge and 24-hour security provides peace of mind.
  • Gated Communities: Fully gated and patrolled, offering a secure setting with the added bonus of space and privacy.

Lifestyle:

  • City Apartments: Perfect for those who enjoy urban convenience and amenities, along with the security of modern buildings.
  • Gated Lakefront Properties: Ideal for those who value nature, space, and a quieter pace of life, while maintaining a safe, gated environment.

Investment Outlook:

  • City Apartments: Future value depends on neighborhood development and real estate trends, with risks of depreciation in oversaturated markets.
  • Lakefront Properties: Offers greater potential for long-term value appreciation, especially as infrastructure and services expand in rural areas.

 

Conclusion: Which Safe Option is Best for You?

When it comes to choosing between a safe city apartment in Asuncion and a gated lakefront property, the decision ultimately depends on your lifestyle and priorities.

  • For Modern Living and Convenience: A city apartment offers a secure and vibrant environment, perfect for those who want easy access to city amenities and prefer a move-in-ready option.
  • For Peace, Space, and Customization: A gated property by Lake Ypacarai allows you to create your ideal home in a serene, secure community, with plenty of room to enjoy nature.

No matter your choice, Paraguay provides attractive opportunities for those seeking a secure, fulfilling lifestyle—whether you’re drawn to the energy of the city or the calm of the countryside.

 

Ready to Find Your Safe Home?

If you’re interested in life in Paraguay and are considering moving there permanently or securing a convenient second residency, feel free to schedule a call with me here.

 

Read my last article on Paraguay‘s Wild West side if you want to learn about the different side of Paraguay!

Paul Trausner

Lived on 4 continents and visited 60+ countries

Specializes in expat consultation for Latin America,

including residency coaching, US LLC formation, and tax optimization strategies

 

 

 

DISCOVER how we got to South America in our travel Documentary:

Tweet
Share
Share
Pin
Posted in HYA Escape Diaries S03 🇵🇾 🇦🇷 🇧🇷 and tagged , ,

About Alexandra Allover