The homeownership programs are already a fact this year, with subsidies extended by the Ministry of Urban Development for middle class homes and a new program for those with title deeds.
“The first measure was to extend the subsidy for the construction of housing for middle-class families with incomes between one and seven minimum wages.”
Investors from neighboring countries, see Paraguay with a new business plan, and apply a plan of early recovery, according to their studies, they buy a house of $ 30,000 and recover $ 25,000 monthly. Buying a house in Paraguay can be an interesting, inexpensive, low-risk investment with a monthly return of up to $25,000 per month.
“The real estate business in Paraguay is one of the most attractive, with fiscal stability, low prices and a high rate of return being the main reasons to invest in our land.”
C.B.R.E.’s Research Department in Spain stated that; the investment volumes recorded in the first half of the year show that the real estate sector in Spain continues to be attractive to investors, even in a changing macroeconomic context. In any case, the volatility in the market will lead us to closely follow the evolution of the investment throughout the second half of the year.
And also, real estate investment in the first six months of the year in the country amounted to 9,870 million euros, exceeding by 80% the volumes of the same period of 2021 closing a first half with the best metrics since records in national history.
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The Executive Branch issued Decree No. 6541/2021, which establishes the new real estate tax values that will serve as the tax base for the determination of the real estate tax and its additional tax for fiscal year 2022. The adjustment made is 7.6% for both urban and rural properties.
This modification worries the real estate sector in terms of the impact it may generate on the final consumer.
The decree dictates that the fiscal values for the year 2022 will be adjusted based on the variation of the Consumer Price Index (IPC), according to data from the Central Bank of Paraguay (BCP), which in the period of the twelve months prior to November 1, 2021 reaches the figure of 7.6%.
Construction cost in Paraguay17 de October de 2022 - 19:03
The supply of real estate projects in Paraguay12 de October de 2022 - 10:23
Factors that increase the value of a property6 de October de 2022 - 20:32
Home ownership in 202219 de September de 2022 - 15:55
Neighboring countries see Paraguay with a new business plan15 de September de 2022 - 21:57
Spain breaks historic record for real estate investment10 de September de 2022 - 07:10
The real estate sector will continue to grow with an increase in offers10 de September de 2022 - 06:58
Evolution of the price of housing for sale in Paraguay10 de September de 2022 - 06:53