Hotels near Mercado 4 Asunción

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Where to stay near Mercado 4?

Properties are selected based on real traveler reviews and popularity among guests who’ve booked a night near Mercado 4 on Hotels.com. These hotels close to Mercado 4 consistently deliver on quality, location and traveler experience. Last updated on October 12, 2026.

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

A hotel entrance with a red facade, arched windows, and a covered entrance area.

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

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

1. Gran Hotel del Paraguay

1.4 km from Mercado 4

STEPHEN

CNY589

CNY647 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 cityscape at dusk with illuminated buildings, including a prominent historic structure with arches and a modern high-rise.

An indoor swimming pool with a view of a body of water and a bridge.

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

2. Asuncion Rent Suites Centro

La Encarnacion, 2.9 km from Mercado 4

ANA SOFIA

CNY549

CNY604 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 indoor area with checkered flooring, multiple seating arrangements, and large windows.

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

3. Palmaroga Hotel Asuncion, Tapestry Collection by Hilton

La Encarnacion, 2.8 km from Mercado 4

Lilian Carolina

CNY598

CNY658 total

includes taxes & fees

Oct 25 - Oct 26

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

A compact dining area with a wooden table and chairs, a small sink, and a window.

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.

4. Edificio Navarra

1.8 km from Mercado 4

Enrique Ariel

CNY241

CNY265 total

includes taxes & fees

Oct 13 - Oct 14

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

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

A gym with treadmills and exercise equipment on a balcony with a city view.

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

5. Granados Park Hotel

La Encarnacion, 2.5 km from Mercado 4

Edoardo

CNY573

CNY630 total

includes taxes & fees

Oct 19 - Oct 20

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

A bedroom with a large bed, bedside tables, a wooden headboard, a mirror, and a hanging light fixture.

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

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

6. Asunción Palace Hotel

La Encarnacion, 3 km from Mercado 4

david

CNY402

CNY442 total

includes taxes & fees

Oct 13 - Oct 14

A pool area with a hammock, surrounded by greenery and a mural on the wall.

A window with a view of a garden, including a pool and various plants.

A bed with striped bedding, a wooden headboard, and two wall-mounted lamps.

7. El Nomada Hotel & Hostel

1.8 km from Mercado 4

Oliver

CNY199

CNY219 total

includes taxes & fees

Oct 23 - Oct 24

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 bar area with stools, a counter, and a variety of bottles. There are potted plants and a birdcage on the wall.

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

8. Hotel Amalfi

Catedral, 1.7 km from Mercado 4

Shawn

CNY452

CNY497 total

includes taxes & fees

Oct 21 - Oct 22

A buffet setup with various fruits, vegetables, and beverages.

A breakfast table with various food items, a juice box, and a mobile phone.

A lobby with wooden paneling, a chandelier, a round table with a vase of plants, and a sign for 'Torres Plus' elevators.

A swimming pool with a statue, surrounded by palm trees and a building with illuminated windows.

9. Nobile Suites Excelsior Asuncion

Catedral, 2.1 km from Mercado 4

Mostafa

CNY307

CNY337 total

includes taxes & fees

Oct 20 - Oct 21

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

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

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.

10. Hotel Guarani Asuncion

Catedral, 2.1 km from Mercado 4

Ruben

CNY553

CNY608 total

includes taxes & fees

Oct 25 - Oct 26

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 rooftop terrace with a swimming pool, white lounge chairs, and a table with fruits and drinks.

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

11. Hotel Cecilia

San Roque, 1.3 km from Mercado 4

Neill

CNY457

CNY502 total

includes taxes & fees

Oct 19 - Oct 20

A table with a pitcher of water, a glass of water, and a plate of fruit by a poolside with a view of the ocean.

A modern hotel lobby with a white sofa, a black sofa, and a glass coffee table. There are potted plants and a television mounted on the wall.

A hotel entrance with a revolving door, large windows, and a well-lit facade.

A courtyard with outdoor seating, palm trees, and a building with large windows.

12. Crowne Plaza Asuncion by IHG

San Roque, 1.4 km from Mercado 4

mido

CNY482

CNY714 total

includes taxes & fees

Oct 18 - Oct 19

A garden pathway leading to a building with outdoor seating.

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

A covered outdoor area with a dining table and chairs, surrounded by lush greenery and a variety of plants.

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.

13. Hotel Palmas del Sol

San Roque, 1.7 km from Mercado 4

Karel

CNY257

CNY283 total

includes taxes & fees

Oct 19 - Oct 20

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

A hotel room with a large bed, two bedside tables with lamps, a framed picture on the wall, and a window with curtains.

14. hotel manduara

Catedral, 1.7 km from Mercado 4

Paula

CNY303

CNY333 total

includes taxes & fees

Oct 13 - Oct 14

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

A restaurant with wooden tables and chairs, a bar area, and large windows with curtains.

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

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

15. Nobile Hotel Premier Hill

San Roque, 1 km from Mercado 4

Fernando Luiz

CNY304

CNY334 total

includes taxes & fees

Oct 13 - Oct 14

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

A hotel room with a bed, a desk, a chair, an air conditioning unit, a window with patterned curtains, and a tiled floor.

16. Paranainn Hotel Asuncion

Catedral, 1.9 km from Mercado 4

Eneida

CNY271

CNY298 total

includes taxes & fees

Oct 13 - Oct 14

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

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

A balcony with two chairs, a white wall, and dense foliage in the background.

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

17. Das Heim Hotel

San Roque, 0.9 km from Mercado 4

CNY371

CNY408 total

includes taxes & fees

Oct 13 - Oct 14

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 multi-story building with a mix of brick and white facades, featuring balconies and arched windows.

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

18. La Mision Hotel Boutique

Recoleta, 4.1 km from Mercado 4

Camille

CNY1,229

CNY1,352 total

includes taxes & fees

Oct 25 - Oct 26

An indoor swimming pool with a blue-lit water feature, surrounded by a multi-level building with balconies, outdoor seating, and ambient lighting.

A grand wooden double door with intricate carvings and a mirrored glass panel, leading into a well-lit interior space.

An outdoor patio area with a brick floor, a round table, and several chairs. There are multiple potted plants and a mural on the wall.

A neatly made bed with white linens and pillows, a tray with silverware and a vase of white flowers, and a lamp in the background.

19. Nino Hotel Boutique

Villa Morra, 4.1 km from Mercado 4

Lucimar

CNY904

CNY995 total

includes taxes & fees

Oct 27 - Oct 28

A poolside area with outdoor seating, a pool, and a building with brick walls and large windows.

A spacious living area with a large sofa, armchairs, and a coffee table. There are multiple windows providing natural light and views of greenery outside.

A corridor with wooden paneling, a stone wall, and a green plant.

A bedroom with a large bed, a bench, a world map on the wall, and a view of greenery through the window.

20. Factoria Hotel

Villa Morra, 4.9 km from Mercado 4

"Our stay at the Factoria Hotel was one of the best hotel experiences we have ever had as a family! The staff were all very friendly and helpful, the rooms are incredibly spacious and comfortable, and the pool (although cold!) is a refreshing and serene escape. The outstanding included breakfast was a highlight. Eggs and coffee made to order served with yogurt, granola, fruit, fresh squeezed juice varieties, and the most delicious breads and pastries. Our son is gluten free and they made him...

Courtney

CNY986

CNY1,084 total

includes taxes & fees

Nov 7 - Nov 8

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Compare popular hotels close to Mercado 4

Property	Property class	Guest rating
Gran Hotel del Paraguay	9.6 Exceptional 91 reviews	View
Asuncion Rent Suites Centro	9.6 Exceptional 19 reviews	View
Palmaroga Hotel Asuncion, Tapestry Collection by Hilton	9.4 Exceptional 212 reviews	View
Edificio Navarra	9.0 Wonderful 14 reviews	View
Granados Park Hotel	8.8 Excellent 242 reviews	View

Other landmarks near Mercado 4

Museum of Fine Arts

8.2/10 (17 reviews)

Museum of Fine Arts is just one of the attractions in San Roque, Asunción so you might want to stop by during your trip. If you want to experience more of the culture Asunción has to offer, head to Gran Hotel del Paraguay, Mercado 4, and Playa de La Costanera.

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Museum of Sacred Art

Museum of Sacred Art is just one of the attractions in Catedral, Asunción so you might want to stop by during your trip. If you want to experience more of the culture Asunción has to offer, head to Palacio de López, Playa de La Costanera, and Mercado 4.

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Manuel Ferreira Stadium

5.0/10 (2 reviews)

You can catch an event at Manuel Ferreira Stadium, located 2.4 mi (3.8 km) from central Asunción. If you think Manuel Ferreira Stadium is cool, you also might like Defensores del Chaco Stadium, located nearby.

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Paraguayan German Cultural Institute

8.2/10 (16 reviews)

Paraguayan German Cultural Institute is 1.6 mi (2.5 km) from central Asunción, why not stop by during your stay. If you want to experience more of the culture Asunción has to offer, head to Gran Hotel del Paraguay, Playa de La Costanera, and Mercado 4.

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Dr. Andres Barbero Ethnographic Museum

If museums are on your list, you might want to check out the upcoming exhibitions at Dr. Andres Barbero Ethnographic Museum in San Roque. If you want to see more of the museums in Asunción, you can easily walk to Museum of Fine Arts.

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Uruguaya Square

Uruguaya Square is worth a pic or two when discovering Catedral.

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Central Railway Station Museum

8.0/10 (3 reviews)

If museums are on your list, you might want to check out the upcoming exhibitions at Central Railway Station Museum in Catedral. If you want to see more of the museums in Asunción, you can easily walk to Dr. Andres Barbero Ethnographic Museum or Museum of Sacred Art.

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Mburuvichá Roga

8.0/10 (1 review)

If you're planning a bit of sightseeing head to Mburuvichá Roga— just one of the monuments located 2.9 mi (4.6 km) from the center of Asunción.

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Frequently asked questions

What are the best hotels near Mercado 4?

Guests enjoy staying at Posada de la Luna, which is a bed & breakfast close to Mercado 4.
Nobile Hotel Premier Hill is another well-reviewed hotel and is 15 minutes away on foot.
You'll find 635 hotels, vacation rentals, and more to choose from within the area.

How much does it cost to stay in a hotel near Mercado 4?

On Hotels.com, you can find a variety of room prices depending on when and where you plan to go. Simply sort by price on the search results and filter by your preferred criteria to find the best options for you and your budget.

Take a look at the lowest price per night from CNY219

What cheap hotels are close to Mercado 4?

Hostal Residencial Leones de Castilla is a reasonably-priced hotel near Mercado 4 and offers a free continental breakfast, free parking, and free in-room WiFi.

Can I find hotels close to Mercado 4 that are fully refundable?

Yes, there are many hotels with refundable room rates, but be sure to check the cancellation deadline. Find refundable rates using the "Fully refundable" filter when you search for hotels.

A couple of highly rated hotels near Mercado 4 that offer these rates are Gran Bourbon Hotel Asunción and Hotel Las Margaritas.

What are the best romantic hotels near Mercado 4?

For travelers looking for a romantic stay, Crowne Plaza Asuncion by IHG offers a restaurant, an outdoor pool, and a poolside bar. It's a 20-minute walk from Mercado 4.
Another great option is Hotel Excelsior Inn, which is a short drive away.

What are the best hotels close to Mercado 4 with free breakfast?

You can enjoy a free self-serve breakfast at Nobile Hotel Premier Hill, which is a 15-minute walk from Mercado 4.
Hotel Cecilia is also a recommended place to stay with a free buffet breakfast, and it's located 19 minutes away on foot.

Which hotels near Mercado 4 have rooms with great views?

Enjoy rooms with city views at Posada de la Luna, which is an 11-minute walk from Mercado 4.
Also recommended is Nobile Hotel Premier Hill, which has rooms with city views.

What are the best family hotels close to Mercado 4?

The entire family will enjoy a stay at Hotel Cecilia which offers free cribs, a playground, and an outdoor pool. Mercado 4 is 19 minutes away on foot.
Also consider Crowne Plaza Asuncion by IHG as another great choice for your family's trip.

What are the best luxury hotels near Mercado 4?

Pamper yourself with a stay at Hotel Excelsior Inn, which is a short 4-minute drive from Mercado 4. This hotel features 2 restaurants including La Cabana Pascuala, and offers an outdoor pool.
Another upscale property is Hotel Las Margaritas, which is a short drive away.

What are the best hotels near Mercado 4 with free parking?

If you're traveling by car, Posada de la Luna offers free parking and you'll be an 11-minute walk from Mercado 4.
Nobile Hotel Premier Hill also has free parking and is 15 minutes away on foot.

What are the best hotels near Mercado 4 with a pool?

If swimming is at the top of your list, Nobile Hotel Premier Hill has an outdoor pool. Mercado 4 is a 15-minute walk from the hotel.
Another great choice for a hotel with a pool is Crowne Plaza Asuncion by IHG.

What are the best things to see and do around my hotel near Mercado 4?

Before or after your visit to Mercado 4, you can check out nearby sights like Shopping del Sol, Defensores del Chaco Stadium, and Villa Morra Shopping Center.
Paseo La Galería, Paseo Carmelitas, and Palacio de López are other places to visit in the area.

What are the best pet-friendly hotels close to Mercado 4?

Bring your cherished pet with you to Hotel Cecilia, which is a 19-minute walk from Mercado 4.
A second pet-friendly hotel is Gran Hotel del Paraguay.