San Bernardino, Cordillera, Paraguay: €275,000

Paraguay sits quietly at the heart of South America, largely off the international radar. But beneath the surface, something is building—abundant clean energy, vast fertile farmland, a young population, and a tax system so simple it fits on a business card. The smart money is already positioning here, especially in the capital, Asunción.

An hour’s drive east of Asunción, Lake Ypacaraí stretches across the Cordillera region. On its shores sits San Bernardino—a lakeside resort town that has drawn wealthy Paraguayan families, diplomats, and weekenders from the capital for generations.

This stylish house of around 2,900 square feet sits on a plot of around 6,450 square feet in San Bernardino, close to hotels, supermarkets, and the lake. The house has four bedrooms, one en suite, a fully equipped kitchen, a private upstairs living room with a terrace overlooking the garden, an enclosed barbecue area, a swimming pool, and a separate utility and laundry area.

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I haven’t visited this property or done due diligence on it. If you’re interested in the listing, you should hire an attorney and do your own due diligence.