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Asuncion, Paraguay’s capital city, also happens to be the country’s largest.
Asuncion, Paraguay’s capital city, also happens to be the country’s largest. With a population nearing 2.4 million, the city represents close to 35% of the entire population of Paraguay.
The city is known as the “Mother of Cities,” as it is one of the oldest in South American. As with many large cities in region, Asuncion has a bit of a unique and tumultuous past.
Reviewed By Lief Simon
Lief Simon is the managing editor of Global Property Advisor, Simon Letter, and Offshore Living Letter. He has purchased more than 45 properties, investing in 23 different countries around the world.
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On the other hand, Asuncion is also quite young, over 65% of the population is under 30, leading to new sets of skills being developed and an eye on the future.
As of 2024, there are 6.5 million people in Asuncion.
Situated along the bank of the Paraguay River, the city can be quite scenic. You will find parks with lush foliage and trees along the roadside. The small but rolling hills in the area offer nice views of the city.
Reviewed By Lief Simon
Lief Simon is the managing editor of Global Property Advisor, Simon Letter, and Offshore Living Letter. He has purchased more than 45 properties, investing in 23 different countries around the world.
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In Paraguay, Asuncion is the area with the most people per square mile and is also the most productive, generating 70% of the national GDP.
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