Retail development offers retail spaces, which can be cyclical and involve multiple stages. Retail development which comes under the category of commercial real estate development can include new stores, shopping centers, or other retail spaces.
Retail development significantly contributes to the generation of tax revenue for the government. Through sales taxes, property taxes, and other levies, the retail sector becomes a reliable source of revenue for public services such as healthcare, education, and supports the overall infrastructure development market.
Why Buy or Invest in New Real Estate Developments in Paraguay.
Paraguay has shown a relatively stable economic environment compared to many other countries in South America. The country has experienced steady economic growth, driven by agriculture, energy exports (especially hydroelectric power), and increasing industrial development. As the economy continues to expand, demand for housing and commercial properties is expected to rise.
Real estate in Paraguay tends to be more affordable compared to many neighboring countries like Argentina, Brazil, and even other parts of Latin America. This offers an opportunity for investors to acquire properties at a lower cost, which could provide significant returns as the market grows.
Paraguay has been investing in improving its land infrastructure, including roads, ports, and public transportation systems. Such improvements can increase property values in both residential and commercial areas, particularly in developing cities or regions that benefit from these upgrades.
Paraguay is a leading producer of agricultural products like soybeans and beef, as well as having vast natural resources. This sector's growth has the potential to further drive demand for residential and commercial properties, especially in rural areas where industries are expanding.
