Category: Taxes and fees
Property tax (impuesto inmobiliario)
An annual municipal tax on property ownership, calculated on the fiscal value assigned by Paraguay's National Cadastre Service.
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In Paraguay, the property tax is collected by the municipality where the property is located. General rate: 1% annual on the fiscal value (not market value) set by the Servicio Nacional de Catastro. Fiscal values are typically well below market, so the resulting tax is modest in absolute terms compared to other countries. The municipality bundles ancillary charges (street lighting, sweeping, cleaning) in the same bill. Before any transfer, a no-debt certificate from the municipality is required.
Example
An Asunción house with a USD 150,000 market value carries a fiscal value of Gs. 300,000,000. The annual property tax is 1%: Gs. 3,000,000 (≈ USD 410), plus the municipal charges on the same bill. To sell it, the owner must present the no-debt certificate.
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Related terms
Cadastral account (cuenta corriente catastral)
A unique cadastral and fiscal ID assigned by Paraguay's National Cadastre Service to each property, linked to property-tax calculation.
Real-estate transfer tax
A 1.5% tax on the property's value applied at sale; historically quoted as ~2.8% when bundled with related deed-execution charges.