Taxes & fees

Paraguay annual property tax calculator

Calculate the annual property tax in Paraguay from your property's market value and the applicable discounts.

Annual estimator

$66,667
PYG 50,000,000PYG 3,000,000,000
10%100%

Default 30%. The municipality issues the exact fiscal value.

Estimated annual tax
PYG 750,000
$100

Effective rate on market value: 0.15%

Pay in Q1 (10% off)
PYG 675,000
$90

Most municipalities apply this bonus if you pay before March 31.

Fiscal valuePYG 150,000,000
Base tax (1%)PYG 1,500,000
Primary-home discount (50%)PYG 750,000
Tax duePYG 750,000

Estimate only. Fiscal values and final rates depend on each municipality and annual updates to assessments and rates.

How Paraguay's property tax works

The Impuesto Inmobiliario is a municipal annual tax levied on each property's fiscal value at a 1% rate. The fiscal value is set by the municipality — not the market value.

Fiscal values are usually well below market: 25%–40% in central Asunción and urban areas, lower in the interior and rural zones.

If the property is your sole primary residence and falls within the legal caps, you may qualify for a 50% discount. Most municipalities also offer a 10% early-payment bonus for paying within Q1.

Frequently asked questions

Why does the calculator use a percentage of market value?

Because most buyers know the market value, not the fiscal value. The municipality assigns the fiscal value — request it or check last year's bill for precision.

When is the property tax due?

Annually, on a date set by each municipality. Paying within Q1 typically earns a 10% bonus.

What if I own more than one property?

Each property is taxed separately. The primary-home discount only applies to the main residence.

What about vacant lots or large rural properties?

Urban vacant lots often face municipal surcharges. Rural latifundios (>10,000 ha) carry an additional progressive tax not included in this calculator.

More tools in Paraguay

Official sources

Legal framework and references.

Last updated: May 5, 2026