Yields are low in Asuncion
| 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 |
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| 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 | |||||
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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%.