Paraguay Begins Distribution of 12 Economic Housing Units in Luque
KO YONG-CHUL Reporter
korocamia@naver.com | 2025-03-18 13:17:27
The Paraguayan Ministry of Urban Planning, Housing, and Habitat (MUVH) announced today that it will begin accepting applications for the distribution of 12 apartments in the Residencias 1 building located in Luque.
This distribution is part of the economic housing program, providing "accessible installments and preferential financing." Apartment prices start from 354 million guaraníes, with a fixed interest rate of 6.5% and monthly installments of approximately 3,275,470 guaraníes.
Eligibility and Conditions:
Households with monthly income between 4 million and 10 million guaraníes (1.5 to 5 times the minimum wage)
Ability to receive financial support through the National Development Bank (BNF)
Apartment Features:
2 bedrooms (including 1 suite with bathroom)
Kitchen (including granite countertops with breakfast bar)
Living room with balcony
Shared bathroom
Common area with barbecue facilities and restrooms
Parking space for 1 vehicle
Economic Housing Program:
MUVH stated that it "aims to reduce the housing shortage for middle-class families by facilitating access to homeownership through lower interest rates than market rates, comfortable terms, and fixed and accessible installments."
How to Apply:
Submit required documents as posted through MUVH's official communication channels
Visit MUVH headquarters (Independencia Nacional 909, near Manuel Domínguez)
Visit the Luque Action Point (Monday to Saturday 07:00 to 17:00, Sunday 09:00 to 13:00)
Required Documents:
Additional documents may be required depending on the applicant's profile.
Applicants who are private sector workers
Applicants who are public sector workers
Applicants who are self-employed workers
Application deadline: March 31st
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