|
Last Updated: Nov 17, 2005 |
| ASUNCION - Centre - Apartments |
COST (US$) |
YIELD (p.a.) |
PRICE/SQ.M. (US$) |
| TO BUY |
MONTHLY RENT |
TO BUY |
MONTHLY RENT |
| 100 sq. m. |
40,000 |
70 |
2.10% |
400 |
0.70 |
| 150 sq. m. |
85,000 |
200 |
2.82% |
567 |
1.30 |
ASUNCION -
Centre - Houses |
|
| 200 sq. m. |
100,000 |
300 |
3.60% |
500 |
1.50 |
| 250 sq. m. |
130,000 |
500 |
4.62% |
520 |
2.00 |
| 300 sq. m. |
180,000 |
800 |
5.33% |
600 |
2.70 |
| 350 sq. m. |
190,000 |
900 |
5.68% |
543 |
2.60 |
| 400 sq. m. |
200,000 |
1,000 |
6.00% |
500 |
2.50 |
| Source: Global Property Guide |
The capital city of Asuncion is the only place where property rights are secure enough to make it advisable to buy.
Yields are low however. A 100 sq. m. apartment may cost only US$40,000, but it might rents for as little as US$70 per month. This would give the landlord a very low yield, at 2.1%.
Houses in Asuncion tend to be worth around US$500 to US$600 per sq. m., and they rent for around US$1.50 to US$2.70 per sq. m. per month. Rental yields on houses are therefore around 3.5% to 6%.
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