Paraguay Real Estate: Good or Bad? 🤔
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- Опубликовано: 30 июл 2024
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00:00 - Intro
01:40 - The Negative side of Real Estate in LATAM
02:45 - Yields
05:00 - Risks
05:50 - Cases Where Buying Makes Sense
07:10 - Rant About Medellin
07:30 - Websites to Find Real Estate
09:12 - Outro
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If you're looking to diversify your investment portfolio, investing in real estate in Paraguay may be an attractive opportunity. However, it's important to understand the challenges that come with investing in Latin America, including political risks and volatile economies.
Despite these challenges, there are good deals to be found in Paraguay, with units priced around $1000 per square meter. For those interested in international real estate investment, this presents an excellent opportunity to diversify their portfolios while taking advantage of attractive yields.
However, it's important to carefully analyze the risks associated with any investment, particularly in volatile markets like Latin America. Delays and subpar labor quality are common issues, which can impact the timeline and cost of construction or renovation projects. Additionally, political instability and changes in government policies can impact the value of real estate investments, making it difficult to predict returns.
To make an informed decision about investing in Paraguay, it's essential to compare the yield and time requirements of real estate investments with alternative investment vehicles. By conducting a thorough analysis of the risks and opportunities, investors can find the most effective way to diversify their portfolios.
In conclusion, investing in real estate in Paraguay can offer attractive opportunities for those interested in international real estate investment looking to diversify their portfolios. However, it's important to carefully analyze the risks associated with investing in Latin America and consider alternative investment vehicles. By doing so, investors can make informed decisions that meet their financial goals and mitigate potential risks.
Illiquidity is the BIGGEST issue. It can take months if not YEARS to sell your place. It’s taken me over 2 years to sell a pretty nice place with a low price in a market that the “experts” have touted as “booming” for the last decade…
Very much agree! I pinned the comment - it amazes me that most adults don't understand the concept of liquidity when investing.
@@NearShoreLiving Gotta be honest. I'm guilty of this and it's a tough lesson to learn. You don't think about this when you're on vacation thinking how sexy it will be to have a place on the beach in some 2nd tier town in central or South America. Even like you said, in major cities like Bogota it can take years to sell. And of course the higher price you go, the harder it is to find someone looking to spend that kind of money. Also very hard to get loans if not impossible so its a cash game in most of these places.
@@RC94332 we're all guilty of not thinking about liquidity 😂 I feel like it's the only way to learn.
That's why I made the video - so many people on social media promising"0 risk amazing once in a life time investment opportunities" in the form of real estate in LATAM. I am not against it but I wish they would discuss the risks associated with it.
@@RC94332 though, buying cash in a cash market may be more relevant than buying in a highly leveraged, i.e vulnerable market in a major western capital...
Very good point on this. I’ve owned several properties in Latin America and in general it hasn’t really been worth the effort. Especially now when you can get 4.5-5% without doing anything…I wouldn’t buy to rent, only buy for my own personal use, and even then might not be worth it…
Great video, straight to the point : conflict of interest is a non starter. I've watched some people overtly LYING in other video channels, only to put forward their own business. So, thanks for the objectivity, that's unusually refreshing. 👍. Now, reasons to buy asset property in Paraguay for a European are not only to make a better yield than the US TBonds. Especially with current geopolitical mess...
Thanks
Great video as always! 😄
Thanks much appreciated!
excellent points, not many are as straight fwd as this
Thanks!
thank you !
You're welcome!
hey, what is exactly is looked on generally in the health checks for residences? i don't have an diseases but im slightly overweight.
It varies from country to country but generally, the countries that do medical exams are just looking for things that spread (HIV, tuberculosis, etc).
Being over weight isn't a disqualifying factor in any program that I've ever heard of so you should be fine.
I would like to ask if there are countries in latin america where you can get citizenship or permanent residence by investing, such as buying an apartment, is this possible? this might be a good topic for the next video.
Yep. For sure. Many of them actually (residency at first). South America is one of the most open regions of the world when it comes to immigration.
Did you have one in mind?
Any advice for retirees who are on a fixed income and would be more interested in renting a decent place and traveling between Asunción and the US?
www.infocasas.com.py/
Good starting point but over priced - best deals are found on the ground.
I like all your comments, specially the point you make that real state in Parauguay it is pretty Iliquid, if you ever need your money back, more likely you will not recover your original investmet.
Thanks! Any other topics that you'd like us to cover?
Is there any investment opportunity in South America
Sure yeah. There are many opportunities to invest in Latam.
Be sure to do your own research and understand risks tho
@@NearShoreLiving do you know anyone looking for a business partner
Thanks for saying this at the start! So many of the Paraguay people hype up the Paraguay residency to me, when I know it's not beneficial to me at all (yet), due to my personal circumstances. But they don't care. They just want to sell their services.
Thanks! Yep, that's the main reason I started this channel in my free time - just to add more nuance to the offshore/expat community. Too many people pushing incorrect stuff just to make a few thousand dollars.
@@DestinationJapan95 I do agree with you. But I won't make the effort with this program until I'm close-by and have some spare time.
Currency is the biggest risk. Just ask George Gammon. I cringed everytime he used to talk about investing in Medellin. He's quiet about it now.
To be fair tho, everyone gets stuff wrong and he's a pretty smart guy in my opinion but no one is right 100% of the time.
A lot of these developing markets at first seem exciting and filled with opportunity but over time, people learn why these countries have been developing for decades and never seem to reach any goal.