Granja del Sol

Who is the property suitable for?

Due to its diverse possibilities, the property is interesting for:

• Families
• Investors
• Self-sufficient individuals
• Agricultural use

What ongoing costs should I expect?

An annual property tax is required. In 2024, this was 284,000 PYG (approximately €35). This amount depends on government regulations and can change annually. Electricity is provided by ANDE, which charges 310 PYG (approximately €0.04) per kWh. No other ongoing costs apply. (As of 12/2024)

Can the property be divided into smaller plots?

Yes, the property can be divided into smaller plots without issue. Such a division is generally possible and offers various usage options.

What is the soil quality of the property?

The property has clay-rich, fertile soil, which is excellent for agricultural use. The good water retention ensures stable moisture levels, especially during the warm summer months. Compared to other regions in Paraguay where sandy soils lose water quickly, this property offers a particularly advantageous foundation for efficient irrigation. Additionally, the vegetable patch has already been enriched with manure, further improving soil quality.

Are there neighbors, or is the property remote?

The property is located in a rural area. The two adjacent neighboring properties are uninhabited. Paraguayan neighbors live approximately 200 meters away. In the area around José Fassardi, several German families have also settled.

Does the property have a title?

Yes, the property title is available. The transfer of the property is therefore possible immediately.

What exactly is the "title" about?

The title is an official document that identifies the rightful owner of the property. It is necessary to sell or transfer the property. Without this title, no legally valid sale can take place.

How does the purchase process work?

The purchase process in Paraguay involves several steps:

1. First appointment with the Escribana (Notary):
   • Signing of a preliminary contract.
   • Payment of a deposit.
   • Formal verification of the title by the Escribana (Duration: 2–4 weeks).
2. Second appointment with the Escribana:
   • Signing of the purchase contract.
   • Payment of the remaining purchase price.
   • The Escribana initiates the ownership transfer (Duration: 4–8 weeks).

After full payment, the property belongs to the new owner, who can use it immediately. Issuing the new title is a mere formality. Once completed, the Escribana will notify the new owner to collect the document.

What fees are involved?

The fees for the Escribana are legally regulated and depend on the purchase price. Typically, one should expect about 5% of the purchase amount. In our case, the cost was 4.5%.

Do purchase contracts have to be concluded in Spanish?

Yes, in Paraguay, purchase contracts must be drafted in Spanish and understood by both parties to be legally valid. If Spanish is not confidently spoken, a certified translator should be hired. The cost depends on travel and the duration of the appointment.