The Best Hotels Closest to Mercado 4 in Asunción for 2026

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Our top choices for Mercado 4 hotels

A pool surrounded by palm trees and lush greenery, with a pathway leading to the pool.

A luxurious room with a large wooden table set for dining, surrounded by elegant chairs.

A buffet table with various food items and a fruit display.

A bedroom with a bed, a nightstand, a chandelier, a painting, and a door with decorative elements.

1. Gran Hotel del Paraguay

1.4 km from Mercado 4

Andrew S.

₩119,086

₩130,995 total

includes taxes & fees

Oct 19 - Oct 20

A rooftop terrace with a hot tub, dining table, chairs, and a view of the city at dusk.

A modern reception area with a marble counter, wooden flooring, and pendant lighting.

A cityscape at dusk with illuminated buildings, including a prominent historic structure with arches and a modern high-rise.

A modern hotel entrance with a reception desk, glass doors, and a large sign reading "The One Downtown."

2. Asuncion Rent Suites Centro

La Encarnacion, 2.9 km from Mercado 4

vidal

₩70,895

₩77,990 total

includes taxes & fees

Oct 14 - Oct 15

A spacious indoor area with checkered flooring, multiple seating arrangements, and large arched windows.

A historic building with ornate architectural details, multiple storefronts, and a prominent entrance.

A spacious lobby with high ceilings, large arched windows, and patterned floor tiles.

A spacious indoor area with checkered flooring, multiple seating arrangements, and large windows.

3. Palmaroga Hotel Asuncion, Tapestry Collection by Hilton

La Encarnacion, 2.8 km from Mercado 4

Kenneth

₩119,107

₩131,018 total

includes taxes & fees

Nov 1 - Nov 2

A reception area with a reception desk, a waiting chair, a potted plant, and a water dispenser.

A multi-story hotel with a covered entrance, outdoor parking, and a brick facade.

A courtyard with a brick wall, a staircase, and outdoor seating.

A hotel room with two beds, each with a green and white bedspread, white pillows, and a white towel on the beds. There is a ceiling light, an air conditioning unit, and a window with a view of the outside.

4. VIVARIUM

San Roque, 1.2 km from Mercado 4

Franklin J N

₩60,930

₩67,023 total

includes taxes & fees

Oct 4 - Oct 5

A spacious lobby with a reception desk, multiple seating areas, and a high ceiling with ornate railings.

A spacious lobby with a red sofa, orange armchairs, a chandelier, and large windows with curtains.

A spacious lobby with a marble floor, large columns, and artwork on the walls.

A swimming pool with a wooden deck, steps, and potted plants.

5. Granados Park Hotel

La Encarnacion, 2.5 km from Mercado 4

Jacob

₩116,140

₩127,754 total

includes taxes & fees

Nov 1 - Nov 2

A hotel room with a bed, a nightstand, a lamp, and a colorful painting on the wall.

A bathroom with a marble floor, a toilet, a sink, and a shower.

A compact living space with a kitchenette, a blue sofa, a bed, and a decorative tree painting.

A kitchen with a granite countertop, stainless steel sink, white cabinets, and a built-in microwave.

6. Edificio Navarra

1.8 km from Mercado 4

Luis

₩48,744

₩53,618 total

includes taxes & fees

Oct 4 - Oct 5

A spacious living area with a dining table, chairs, a sofa, and a large window with curtains.

A covered corridor with arches, a tiled floor, and a view of the cityscape.

A living room with a brick wall, a chandelier, a sofa, a coffee table, and a potted plant.

A building with classical architecture, featuring columns and a balcony.

7. Asunción Palace Hotel

La Encarnacion, 3 km from Mercado 4

Gerald

₩81,239

₩89,363 total

includes taxes & fees

Oct 2 - Oct 3

A lobby with a round table surrounded by potted plants, a chandelier, and a staircase in the background.

A modern skyscraper with a distinctive blue and white facade, featuring a grid-like pattern and a central vertical element.

A lobby with a large chandelier, marble columns, a central table with potted plants, and a staircase in the background.

A rooftop terrace with a canopy, two beds, a sofa, and potted plants.

8. Hotel Guarani Asuncion

Catedral, 2.1 km from Mercado 4

Sagrario Indhira

₩111,866

₩123,053 total

includes taxes & fees

Oct 2 - Oct 3

A glass-enclosed balcony with potted plants, a metal bench, and a view of the surrounding area.

A room with a glass partition, a dining table, chairs, and potted plants.

A hotel entrance with a glass door, a metal gate, and a number '877' on the door.

A reception area with two red chairs, a reception desk, and a window with a view of the street and parked cars.

9. Hotel Amalfi

Catedral, 1.7 km from Mercado 4

Daniel

₩91,394

₩100,533 total

includes taxes & fees

Oct 2 - Oct 3

A buffet with various dishes and a coffee station.

A hotel room with a bed, bedside table, lamp, and a television mounted on the wall.

A spacious living room with a sofa, armchairs, a coffee table, and a fireplace.

A gym with various exercise equipment, wooden flooring, and large windows offering city views.

10. Hotel Cecilia

San Roque, 1.3 km from Mercado 4

Alexandre

₩104,731

₩115,204 total

includes taxes & fees

Oct 19 - Oct 20

A garden pathway leading to a building with outdoor seating.

A room with three beds, each with green bedding and a checkered pattern. There is a wooden headboard on the left bed, a nightstand with a lamp on the right, and a wall-mounted air conditioner above the beds.

A swimming pool with a stone wall and various green plants around it.

A reception area with a wooden desk, a chair, a bulletin board, and a potted plant.

11. Hotel Palmas del Sol

San Roque, 1.7 km from Mercado 4

Charles

₩52,067

₩57,274 total

includes taxes & fees

Oct 19 - Oct 20

A rooftop pool with a city view, surrounded by high-rise buildings and illuminated windows.

A restaurant with multiple tables and chairs, each covered with a tablecloth.

12. hotel manduara

Catedral, 1.7 km from Mercado 4

Kai

₩67,998

₩74,798 total

includes taxes & fees

Oct 2 - Oct 3

A dining table with pizzas and condiments, a window with a view of the city at night, and a potted plant.

A rooftop pool with clear blue water, a pergola, and a city view.

A hotel room with three single beds, a wooden headboard, an air conditioning unit, a curtain, and a small table with a chair.

A modern living room with a chandelier, leather sofas, a red rug, and a glass coffee table.

13. Paranainn Hotel Asuncion

Catedral, 1.9 km from Mercado 4

Denis Ignacio

₩43,983

₩48,381 total

includes taxes & fees

Oct 2 - Oct 3

A spacious lobby with a large rug, seating area, and indoor plants.

A swimming pool with a tiled deck, lounge chairs, and a rock waterfall.

A bar area with a polished bar counter, a variety of bottles, and a seating area with chairs.

A fountain with a stone base surrounded by potted plants, a staircase leading up to a building, and outdoor seating with chairs and tables.

14. Nobile Hotel Premier Hill

San Roque, 1 km from Mercado 4

Jonathan

₩59,657

₩65,623 total

includes taxes & fees

Oct 4 - Oct 5

A building with a covered porch, columns, and a sign that reads "SALON."

A compact kitchen with a wooden door, a sink, and a small countertop.

A neatly arranged hotel room with a bed, a bench, a chair, and a nightstand with a vase of flowers.

A slice of chocolate cake on a white plate on a white table.

15. Das Heim Hotel

San Roque, 0.9 km from Mercado 4

₩73,603

₩80,969 total

includes taxes & fees

Oct 4 - Oct 5

A modern living room with a sofa, a coffee table, and a potted plant.

A modern living room with a TV, a glass coffee table, and a kitchen area in the background.

A modern dining area with a wooden table, chairs, and a red table runner. There are potted plants and a large window with a view.

A bedroom with a bed, bedside tables, a mirror, a window with blinds, and a glass table.

16. Corporate Stays Edificio Pilar

1.7 km from Mercado 4

₩47,864

₩160,969 total

includes taxes & fees

Oct 2 - Oct 3

A modern lobby with a blue sofa, red and grey cushions, wooden flooring, and a large wall-mounted TV displaying a pink tree.

A rooftop pool with a view of the cityscape, including modern buildings and a sunset.

A spacious lobby with a central seating area, wooden flooring, and a reception desk with a beverage display.

A Holiday Inn Express building with a modern glass facade and a covered walkway.

17. Holiday Inn Express Asuncion Aviadores by IHG

6.8 km from Mercado 4

ana

₩107,243

₩117,967 total

includes taxes & fees

Nov 1 - Nov 2

An outdoor dining area with white metal chairs and tables, surrounded by potted plants and a wooden deck.

A banquet hall with round tables, wooden chairs, hanging plants, and pendant lights.

A rooftop pool area with lounge chairs, a table with a basket and drinks, and a view of the cityscape.

A hallway with a checkered floor, a wooden bench, and a table with lamps.

18. La Mision Hotel Boutique

Recoleta, 4.1 km from Mercado 4

Paolo

₩246,155

₩270,771 total

includes taxes & fees

Oct 25 - Oct 26

A bar area with a counter, stools, a menu display, and a coffee machine.

A neatly made bed with white linens and pillows, a tray of breakfast items including eggs, fruit, and pastries, and two bedside lamps.

A modern lounge area with a red sofa, colorful chairs, and a chessboard mural.

A bar area with a menu display, bar stools, and a coffee machine.

19. Ibis Asuncion

Manorá, 5.9 km from Mercado 4

Jose M

₩99,092

₩109,001 total

includes taxes & fees

Oct 25 - Oct 26

A compact living space with a kitchenette, a dining area, and a seating area.

A rooftop swimming pool with clear blue water, surrounded by a white wall and glass railings, offering a view of the cityscape.

A hotel room with a large bed, a nightstand, a window with a view of the city, and a balcony with outdoor furniture.

20. Life Recoleta

Recoleta, 3.7 km from Mercado 4

₩52,278

₩84,586 total

includes taxes & fees

Oct 18 - Oct 19

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Compare popular hotels close to Mercado 4

Property	Property class	Guest rating
Gran Hotel del Paraguay	9.6 Exceptional 90 reviews	View
Asuncion Rent Suites Centro	9.6 Exceptional 18 reviews	View
Palmaroga Hotel Asuncion, Tapestry Collection by Hilton	9.4 Exceptional 211 reviews	View
VIVARIUM	9.4 Exceptional 9 reviews	View
Granados Park Hotel	8.8 Excellent 238 reviews	View

Top Mercado 4 Hotel Reviews

Hotel Cecilia

10/10 Excellent

"Super recomendado!! Es un hotel de los viejos de asunción!! Pero con todo el cariño de su gente, limpio y lleno de gente muy amable!"

Nobile Hotel Premier Hill

10/10 Excellent

"Bueno, aceptable, viejo bonito y barato"

Nobile Suites Excelsior Asuncion

10/10 Excellent

"Excelente 👌 muy bueno las habitaciones, el comedor y el desayuno, muy bueno"

Hotel Palmas del Sol

8/10 Good

"I’ve had an amazing maid. She took good care of the room, very clean and good on towel supply. Front desk was regular. The morning clerk on check out was very helpful. Different from the afternoon clerk, uninformative and un helpful. She was the reason for my regular grade for staff. The hotel is walking distance from downtown and is vlose to supermarket and coffee shop."

Granados Park Hotel

10/10 Excellent

"We had a wonderful stay at this property. The staff were exceptionally helpful and friendly, making our visit truly delightful. We enjoyed the breakfast buffet and appreciated the hotel’s charming vintage style, but it was the staff who made the experience unforgettable."

Gran Hotel del Paraguay

10/10 Excellent

"Wonderful hotel with wonderful people working there. Extremely attentive! Beautiful setting you will want to extend your stay"

hotel manduara

8/10 Good

"Clean room. Location is OK -about 1 km from the main sights. Room was large. Bed was comfortable. AC was a bit noisy "

Other attractions near Mercado 4

Museum of Fine Arts

8.2/10 (17 reviews)

You can spend time exploring the galleries in Museum of Fine Arts during your trip to Asunción. Visit the area's shops or attend a sporting event.

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Museum of Sacred Art

You can spend time studying the exhibits at Museum of Sacred Art during your trip to Asunción. Visit the area's shops or attend a sporting event.

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Manuel Ferreira Stadium

5.0/10 (2 reviews)

Catch an event at Manuel Ferreira Stadium during your trip to Asunción. Visit the area's shops or attend a sporting event.

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Paraguayan German Cultural Institute

8.2/10 (16 reviews)

You can enjoy some culture when you stop by Paraguayan German Cultural Institute in Asunción. Visit the area's shops or attend a sporting event.

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Dr. Andres Barbero Ethnographic Museum

You can spend time exploring the galleries in Dr. Andres Barbero Ethnographic Museum during your travels in Asunción. Visit the area's shops or attend a sporting event.

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Uruguaya Square

After visiting Uruguaya Square, make a plan to see the other sights and activities in Asunción. Visit the area's shops or attend a sporting event.

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Central Railway Station Museum

8.0/10 (3 reviews)

You can spend time browsing the exhibits at Central Railway Station Museum during your travels in Asunción. Visit the area's shops or attend a sporting event.

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Mburuvichá Roga

8.0/10 (1 review)

You can find out about the history of Asunción when you stop by Mburuvichá Roga. Visit the area's shops or attend a sporting event.

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Frequently asked questions

What's the area like around Mercado 4?

Mercado 4 is located in an area of Asunción that travelers like for its shopping. If you're looking for a convenient place to stay, check out the 26 hotels and other accommodations you'll find within a mile.

What's the best place to stay near Mercado 4?

Gran Hotel del Paraguay is one of the top choices for your stay based on our traveler data, and this hotel offers free breakfast and a restaurant. It's located just a short 0.9 mi (1.4 km) from Mercado 4. Other good options within a short distance include Nobile Hotel Premier Hill and Posada de la Luna.

How many hotels should I expect to find near Mercado 4?

Expedia has 26 hotels and other accommodations within a mile from Mercado 4.

If I need to cancel the hotel reservation for my stay near Mercado 4, will I receive a refund?

Yes, most hotel bookings are fully refundable as long as you cancel prior to the hotel's cancellation deadline, which is often 24 or 48 hours before your scheduled arrival. If you have a non-refundable reservation, you might be able to still cancel and get a refund within a 24-hour period of booking. Plug in your dates, click on "Search", then use the "fully refundable" filter to view the best deals near Mercado 4.

Where can I learn more about changing or cancelling my trip in the area near Mercado 4?

To find more details about picking new dates or cancelling your stay near Mercado 4, head over to our customer service page.

What can I see and do near Mercado 4?

Study the collections at Museum of Fine Arts, Museum of Sacred Art, or Dr. Andres Barbero Ethnographic Museum. Explore landmarks like Palacio de López, Recoleta Cemetery, and Defensores del Chaco Stadium. You might spend a leisurely day outdoors at Asuncion Botanical Garden and Zoo and Salud Park.

Find hotels near Mercado 4, Asunción from ₩48,381

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Treat yourself

Be picky

Check prices for these dates

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Our top choices for Mercado 4 hotels

1. Gran Hotel del Paraguay

2. Asuncion Rent Suites Centro

3. Palmaroga Hotel Asuncion, Tapestry Collection by Hilton

4. VIVARIUM

5. Granados Park Hotel

6. Edificio Navarra

7. Asunción Palace Hotel

8. Hotel Guarani Asuncion

9. Hotel Amalfi

10. Hotel Cecilia

11. Hotel Palmas del Sol

12. hotel manduara

13. Paranainn Hotel Asuncion

14. Nobile Hotel Premier Hill

15. Das Heim Hotel

16. Corporate Stays Edificio Pilar

17. Holiday Inn Express Asuncion Aviadores by IHG

18. La Mision Hotel Boutique

19. Ibis Asuncion

20. Life Recoleta

Compare popular hotels close to Mercado 4

Top Mercado 4 Hotel Reviews

Hotel Cecilia

Nobile Hotel Premier Hill

Nobile Suites Excelsior Asuncion

Hotel Palmas del Sol

Granados Park Hotel

Gran Hotel del Paraguay

hotel manduara

Other attractions near Mercado 4

Museum of Fine Arts

Museum of Sacred Art

Manuel Ferreira Stadium

Paraguayan German Cultural Institute

Dr. Andres Barbero Ethnographic Museum

Uruguaya Square

Central Railway Station Museum

Mburuvichá Roga

Frequently asked questions