Written By: Jacquelyn Annete García Vadnais Paraguay is one of the most mysterious countries in South America; however, it is becoming a market that is making great strides in recent years. Even though Paraguay had a primary focus on agriculture, there is a great deal of potential for Paraguay to develop in the years to come. In terms of real estate investment, the capital city of Asunción offers an incredible quality of life to citizens and expats alike. Due to the affordable price of real estate in Asunción, it is absolutely worth investigating for foreign real estate investors who are looking for affordable investments that may give rise to permanent residency or nationality in the long term. In order to learn more about important factors to consider when deciding to invest in Asunción, Paraguay, it is highly recommended to review the information below: History of Paraguay Paraguay has an interesting and unique history . Prior to colonization, there were many tribes of indigenous p