Asunción's municipality has highlighted incentives for the Historic Centre, including a 52% property-tax reduction in the designated area and benefits reaching up to 77% for eligible heritage buildings. Eligibility depends on each property's classification and conditions; the higher rate is not automatic.
Scope and market
The policy seeks residents, businesses and investment while improving streets, public spaces, cleanliness and urban management. Lasting regeneration also needs operating services and daily activity.
What must be verified
Building rehabilitation requires due diligence on titles, heritage restrictions, planning permits, structural costs, actual tax treatment and tenant demand.
Radar Analysis
Tax incentives can improve project economics but do not replace viability analysis or guarantee immediate urban renewal.
Sources
Illustrative/conceptual image; not necessarily the real project.
