How to Rent a Home in Paraguay

Navigating the process of renting a home in Paraguay for the first time can feel overwhelming. Numerous questions might arise: Should I consult a lawyer? Are appliances typically included in rentals? How can I discover quality rental properties? Which neighborhoods will best suit my needs? These are just the tip of the iceberg. Dive in for answers to these pressing questions and gain insights from our members who've made Paraguay their home.

"Paraguay, a landlocked country in South America, is known for its rich culture, friendly people, and affordable cost of living. As an expat, you may be considering making this country your new home. One of the first steps in this process is finding a place to live. This guide will provide you with all the necessary information about renting an apartment in Paraguay, from finding a rental property to understanding the legal requirements and costs involved.

How do you find a rental property in Paraguay?

There are several ways to find rental properties in Paraguay. Online property portals such as Infocasas and Clasipar are popular and provide listings across the country. Local newspapers also have property listings. Alternatively, you can hire a real estate agent to help you find a suitable property. Word of mouth can also be effective, especially in smaller towns and communities.

Does Paraguay have an MLS type system?

Paraguay does not have a Multiple Listing Service (MLS) system like in the United States. However, real estate agencies and online property portals provide a wide range of listings. It's advisable to check multiple sources to get a comprehensive view of the rental market.

Do brokers have licenses and how do I know if they are licensed?

Real estate brokers in Paraguay are required to have a license. You can verify a broker's license by asking to see it or checking with the Paraguayan Association of Real Estate Agents (APAPI). It's important to ensure you're dealing with a licensed professional to avoid potential scams or legal issues.

Should I buy or rent in Paraguay?

Whether to buy or rent depends on your personal circumstances and plans. Renting can be a good option if you're not sure how long you'll be staying or prefer flexibility. Buying can be a good investment if you plan to stay long-term. Property prices in Paraguay are generally lower than in many other countries, but it's important to do thorough research and consider all costs involved.

Is it difficult to find rentals in Paraguay?

Finding a rental in Paraguay is not typically difficult, especially in larger cities like Asunción. However, the process can take time, especially if you're looking for a specific type of property or location. It's advisable to start your search well in advance of your move.

What documents are required when renting an apartment in Paraguay?

When renting an apartment in Paraguay, you'll typically need to provide a copy of your passport, proof of income or employment, and a local guarantor. Some landlords may also require a deposit and the first month's rent upfront.

Do I need a lawyer when renting an apartment in Paraguay?

While it's not mandatory to have a lawyer when renting an apartment in Paraguay, it can be beneficial, especially if you're not familiar with the local laws and language. A lawyer can review the rental contract and ensure your interests are protected. Legal fees can vary, but you can expect to pay around $500 to $1,000.

How long is the typical lease for?

The typical lease term in Paraguay is one year, but it can be negotiated with the landlord. Some landlords may offer a discount for longer lease terms.

Do I have to pay a deposit when renting in Paraguay?

Yes, it's common to pay a deposit when renting an apartment in Paraguay. The deposit is usually equivalent to one month's rent but can vary depending on the landlord's requirements.

What other upfront costs are there when renting?

Other upfront costs when renting an apartment in Paraguay can include the first month's rent, a real estate agent's fee (if you use one), and potentially a lawyer's fee. Some landlords may also require a maintenance fee.

Are utilities included in the rent?

Utilities are typically not included in the rent in Paraguay. Tenants are usually responsible for setting up and paying for utilities such as electricity, water, and internet. The cost of utilities can vary depending on usage and location, but they are generally affordable.

Are furnished or unfurnished rentals more popular in Paraguay?

Both furnished and unfurnished rentals are available in Paraguay. Furnished apartments typically include basic furniture and appliances such as a refrigerator and stove. Unfurnished apartments may not include any appliances. The choice between furnished and unfurnished depends on your personal needs and budget," said one expat living in Paraguay.

Expats Talk about How they Found their Home

"One of the best ways to find a place to live in Paraguay is to use online resources such as websites and social media. Websites such as Craigslist, Expat.com, and Global Property Guide are great resources for finding rental properties in Paraguay. Additionally, social media platforms such as Facebook and Twitter can be used to connect with people who may have rental properties available. It is also possible to find a place to live in Paraguay by asking around in the local community. Asking friends, family, and colleagues who live in Paraguay can be a great way to find a place to live. Additionally, local newspapers and bulletin boards can be a great source of information for finding rental properties," commented an expat living in Paraguay.