Paraguay is a country situated in the centre of South America and it is about the same size of Spain, but with the difference that it has only 6,8 millions of inhabitants. The four most important cities are respectively: Areguá, Ciudad del Este, Encarnación and Asunción. In this article we will talk about Ciudad del Este, because in the course of time it has been characterized for its City Planning and for being one of the most cosmopolitan cities in the world.
Living in Ciudad del Este
It is called “City Park” for the vegetation of its urban area and it is part of the area called “Triple Border”, because it includes the Paraguayan, the Brazilian and the Argentine borders.
Ciudad del Este is a good city to buy and to sell real estate, but it is also a safe city to rent properties. To rent houses in Ciudad del Este you can count on a small offer, but on a quality one. You can find a small number of rent houses at an average price under $ 1000 (US Dollars) per month. Although the official currency is Guarani, real estate transactions are often in US dollars.
“Departamentos” in Paraguay are “Pisos” in Spain, which are apartments. Like houses, in Ciudad del Este rents apartments are not so many, but they are high- quality apartments and they are also customizable units. You can find an 80 m² apartment with a bathroom and a bedroom for 180 Euros per month. If we compare them with prices in Spain we realize that prices here are really available.
In addition to the offer of houses and apartments in Ciudad del Este you can also find commercial spaces. There are not many commercial spaces, but there are many kinds of them and their prices vary from 300 US dollars to 600 US dollars per month. If you rent commercial spaces in Ciudad del Este, you can rely on a very good profitability in a short time, because prices are not high and the city is commercially very active. This fact will immediately allow you to have an added value.
With regard to offices, in Ciudad del Este you can rent offices and their prices vary from 400 US dollars to 800 US dollars per month, even if in Ciudad del Este you can find “Tinglados” (in Spain “Naves”, which can cost till 4000 US dollars per month. You can locate your entrepreneurial activity only in this latter kind of property. One of the advantages of Ciudad del Este are its busy roads, that are not very busy, so you do not need to spend hours in your car to go to work.
Why is Ciudad del Este important?
The first inhabitants who set foot on the red earth of Ciudad del Este are today benefiting from their “conquest”, because they never imagined this city would have made a so big splash in so little time. The benefits that nature gave to this city, promoted largely its success even because of its proximity with the city of Foz do Iguaçu (Brazil). It was difficult for people to settle in this region because of the inhospitable forests that covered it. In any case the city had an economic leap forward during the ’60 years with the bridge building. As a matter of fact the local economy has been consolidated and the city has been rapidly urbanized. In this way Ciudad del Este has become one of the most cosmopolitan cities in the world. In fact in Ciudad del Este live many immigrants of different nationalities like Chinese, Arabian, Indian and Korean.
Ciudad del Este has more than half a million of inhabitants and it works as an urban centre for satellite towns like Hernandarias and Minga Guazú and each of these satellite towns has 80 000 inhabitants. Ciudad del Este is the second most important Paraguayan city, after Asunción, the capital.
At the beginning Cudad del Este urbanistically planned itself in order to get an airport, an artificial lake, a penitentiary and residential areas, but its growth has already exceeded all expectations and all these areas have been literally swallowed by the city.
The economy of the city is based on agricultural activities and its main trade is with its neighbouring Brazilian city Foz do Iguaçu. On the other hand, Ciudad del Este is a recommended city, if you want to buy next-gen electronic equipment.
Lastly, Paraguay is a welcoming country with wonderful natural sites and it can rely on being a country with a very low population density.
Paraguayan traditional dishes are the cooked manioc, the chipa guazú and the typical Paraguayan soup, made of onion, pig fat and milk.
And then, in practice, what should we do?
In this way, relying on serious and competent people, is an essential prerogative. And certainly in Paraguay, Living In Paraguay is characterized by its professionalism, transparency and safety. As a matter of fact, it is the only certified European company, specialized in legal, administrative and financial advice and it will be able to offer you all the support you need to move to this wonderful country in Latin America.
Several times we wrote about the many opportunities offered by Paraguay, about the advantages of investing, doing business, retiring and generally about the very good reasons for which you should move to this little State in South America. Safety, low crime rate, relaxed way of life, costs and quality of life among the best in the world and a beneficial tax system, make Paraguay a very sought-after destination for young people, entrepreneurs, families and over 60. If you have decided to move to Paraguay and live here, forget all your doubts and concerns and rely on experts and the professional team of “Living In Paraguay”. As a matter of fact, the mission of this company is to help families, young people and pensioners to build up “a safe plan B” for them and for their own family and to get in this way a permanent residence in Paraguay, so they can benefit from the many advantages offered by this little but surprising State.