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7 Nov - 8 Nov
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8 Nov - 9 Nov
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13 Nov - 15 Nov
In two weeks
20 Nov - 22 Nov

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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.

1. Gran Hotel del Paraguay

Gran Hotel del Paraguay
4.0 star property
0.9 mi from Mercado 4
9.6 out of 10, Exceptional, (93 reviews)
"Wonderful hotel with a beautiful grounds and atmosphere. Breakfast is lousy though and restaurant food is so so, but overall place is very nice, historic and atmospheric"
United States
olga
The price is £65
includes taxes & fees
17 Nov - 18 Nov
Gran Hotel del Paraguay
A spacious indoor area with checkered flooring, multiple seating arrangements, and large arched windows.

2. Palmaroga Hotel Asuncion, Tapestry Collection by Hilton

Palmaroga Hotel Asuncion, Tapestry Collection by Hilton
4.0 star property
La Encarnacion, 1.7 mi from Mercado 4
9.4 out of 10, Exceptional, (215 reviews)
"excelente food"
United States
ANIBAL
The price is £76
includes taxes & fees
6 Dec - 7 Dec
Palmaroga Hotel Asuncion, Tapestry Collection by Hilton
A rooftop terrace with a hot tub, dining table, chairs, and a view of the city at dusk.

3. Asuncion Rent Suites Centro

Asuncion Rent Suites Centro
3.5 star property
La Encarnacion, 1.8 mi from Mercado 4
9.4 out of 10, Exceptional, (20 reviews)
"Super perfect for me I be back soon "
United States
vidal
The price is £63
includes taxes & fees
8 Nov - 9 Nov
Asuncion Rent Suites Centro
A hotel room with a bed, a nightstand, a lamp, and a colorful painting on the wall.

4. Edificio Navarra

Edificio Navarra
2.0 star property
1.1 mi from Mercado 4
9.2 out of 10, Wonderful, (17 reviews)
"Great place for solo travelers, great price that doesn't change. I highly recommend."
United States
Damion
The price is £27
includes taxes & fees
9 Nov - 10 Nov
Edificio Navarra
A spacious lobby with a reception desk, multiple seating areas, and a high ceiling with ornate railings.

5. Granados Park Hotel

Granados Park Hotel
4.0 star property
La Encarnacion, 1.6 mi from Mercado 4
8.8 out of 10, Excellent, (246 reviews)
"Fantastic Stay, great workers, great lounge!"
United States
Jacob
The price is £51
includes taxes & fees
8 Dec - 9 Dec
Granados Park Hotel
A spacious living area with a dining table, chairs, a sofa, and a large window with curtains.

6. Asunción Palace Hotel

Asunción Palace Hotel
3.0 star property
La Encarnacion, 1.8 mi from Mercado 4
8.8 out of 10, Excellent, (98 reviews)
"A grand historic hotel recently renovated to bring out its true beauty. "
United States
Gerald
The price is £49
includes taxes & fees
9 Nov - 10 Nov
Asunción Palace Hotel
A swimming pool with a statue, surrounded by palm trees and a building with illuminated windows.

7. Nobile Suites Excelsior Asuncion

Nobile Suites Excelsior Asuncion
3.0 star property
Catedral, 1.3 mi from Mercado 4
8.6 out of 10, Excellent, (295 reviews)
"Spotless room, great place"
United States
Alan
The price is £40
includes taxes & fees
28 Nov - 29 Nov
Nobile Suites Excelsior Asuncion
A glass-enclosed indoor garden with various tropical plants and a parrot perched on a branch.

8. Hotel Amalfi

Hotel Amalfi
3.0 star property
Catedral, 1.1 mi from Mercado 4
8.6 out of 10, Excellent, (35 reviews)
"Great central small hotel. Very helpful staff with safe parking. Room was clean and simple, tasty breakfast."
Australia
Fiona
The price is £55
includes taxes & fees
9 Nov - 10 Nov
Hotel Amalfi
A poolside setting with a charcuterie board, two drinks, and outdoor seating.

9. Hotel Cecilia

Hotel Cecilia
3.5 star property
San Roque, 0.8 mi from Mercado 4
8.4 out of 10, Very good, (189 reviews)
"Very friendly staff, very large room and bed. Wonderfull breakfast, I would guess a family owned hotel with attention to details. I wish I stay longer, but had an airbnb booked. Will definitely come back !"
United States
Alexandre
The price is £50
includes taxes & fees
17 Nov - 18 Nov
Hotel Cecilia
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.

10. Crowne Plaza Asuncion by IHG

Crowne Plaza Asuncion by IHG
4.0 star property
San Roque, 0.8 mi from Mercado 4
8.2 out of 10, Very good, (170 reviews)
"Good place to stay"
United States
Hossein Akhondi
The price is £83
includes taxes & fees
8 Nov - 9 Nov
Crowne Plaza Asuncion by IHG
A garden pathway leading to a building with outdoor seating.

11. Hotel Palmas del Sol

Hotel Palmas del Sol
3.0 star property
San Roque, 1 mi from Mercado 4
8.2 out of 10, Very good, (160 reviews)
"ok breakfast very very good staff good people being 74 need extra help they were always there to help"
United States
Charles
The price is £31
includes taxes & fees
9 Nov - 10 Nov
Hotel Palmas del Sol
A spacious lobby with a large rug, seating area, and indoor plants.

12. Nobile Hotel Premier Hill

Nobile Hotel Premier Hill
3.5 star property
San Roque, 0.6 mi from Mercado 4
7.4 out of 10, Good, (107 reviews)
"Very friendly front desk staff. Everyone is so very nice and helpful. The room are basic but I am not staying in my room most of time, I am out about exploring Asuncion. Good Location and hot shower and free breakfast and I would highly recommend !"
Canada
ina
The price is £36
includes taxes & fees
15 Nov - 16 Nov
Nobile Hotel Premier Hill
A rooftop pool with clear blue water, a pergola, and a city view.

13. Paranainn Hotel Asuncion

Paranainn Hotel Asuncion
3.0 star property
Catedral, 1.2 mi from Mercado 4
6.8 out of 10, (23 reviews)
"Llegue al hotel y me dijeron que había sobre venta de habitaciones me mandaron a otro hotel"
United States
Denis Ignacio
The price is £23
includes taxes & fees
8 Nov - 9 Nov
Paranainn Hotel Asuncion
A building with a covered porch, columns, and a sign that reads "SALON."

14. Das Heim Hotel

Das Heim Hotel
3.0 star property
San Roque, 0.6 mi from Mercado 4
8.0 out of 10, Very good, (2 reviews)
The price is £43
includes taxes & fees
1 Dec - 2 Dec
Das Heim Hotel
A hotel lobby with a checkered floor, wooden tables, purple chairs, a staircase, and a patterned wall.

15. Patagonia Hostel

Patagonia Hostel
1.0 star property
Catedral, 1 mi from Mercado 4
The price is £29
includes taxes & fees
8 Dec - 9 Dec
Patagonia Hostel
An indoor swimming pool with a blue-lit water feature, surrounded by a multi-level building with balconies, outdoor seating, and ambient lighting.

16. Nino Hotel Boutique

Nino Hotel Boutique
4.0 star property
Villa Morra, 2.6 mi from Mercado 4
9.8 out of 10, Exceptional, (19 reviews)
"All was good! Would stay here again"
United States
Gabriel
The price is £109
includes taxes & fees
16 Nov - 17 Nov
Nino Hotel Boutique
An outdoor dining area with white metal chairs and tables, surrounded by potted plants and a wooden deck.

17. La Mision Hotel Boutique

La Mision Hotel Boutique
4.0 star property
Recoleta, 2.5 mi from Mercado 4
9.8 out of 10, Exceptional, (372 reviews)
"An absolute gem of a property. Boutique property, roof top pool, outstanding hospitality, located in a great neighborhood."
United States
Mahesh
The price is £125
includes taxes & fees
8 Dec - 9 Dec
La Mision Hotel Boutique
A modern hotel with a prominent Hilton Garden Inn sign, multiple floors, and a well-lit entrance with a landscaped garden.

18. Hilton Garden Inn Asuncion Aviadores del Chaco

Hilton Garden Inn Asuncion Aviadores del Chaco
4.0 star property
Las Lomas, 3.9 mi from Mercado 4
9.6 out of 10, Exceptional, (56 reviews)
"Great staff, clean rooms, near the best shopping in town"
United States
Admilson
The price is £73
includes taxes & fees
20 Nov - 21 Nov
Hilton Garden Inn Asuncion Aviadores del Chaco
A rooftop pool with a cityscape view, surrounded by a deck with seating and plants.

19. Holiday Inn Express Asuncion Aviadores by IHG

Holiday Inn Express Asuncion Aviadores by IHG
3.0 star property
4.2 mi from Mercado 4
9.6 out of 10, Exceptional, (381 reviews)
"Breakfast is great, clean room and the staff is good."
United States
CARISSA
The price is £71
includes taxes & fees
5 Dec - 6 Dec
Holiday Inn Express Asuncion Aviadores by IHG
A rooftop pool with a clear view of the cityscape, a lounge chair, and a sun umbrella.

20. Divina Tower

Divina Tower
4.0 star property
Recoleta, 2.5 mi from Mercado 4
9.6 out of 10, Exceptional, (48 reviews)
"Clean room,nice breakfast, gym came in handy,awesome view with a pool and bar on the rooftop, convenient walking to nearby restaurants and bars."
United States
AMADO
The price is £57
includes taxes & fees
20 Nov - 21 Nov
Divina Tower
Lowest nightly price found within the past 24 hours based on a 1 night stay for 2 adults. Prices and availability subject to change. Additional terms may apply.
View all properties

Compare top hotels near Mercado 4

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

Gran Hotel del Paraguay

4.0 star property
0.9 mi from Mercado 4
View
A spacious indoor area with checkered flooring, multiple seating arrangements, and large arched windows.

Palmaroga Hotel Asuncion, Tapestry Collection by Hilton

4.0 star property
La Encarnacion, 1.7 mi from Mercado 4
View
A rooftop terrace with a hot tub, dining table, chairs, and a view of the city at dusk.

Asuncion Rent Suites Centro

3.5 star property
La Encarnacion, 1.8 mi from Mercado 4
View
A hotel room with a bed, a nightstand, a lamp, and a colorful painting on the wall.

Edificio Navarra

2.0 star property
1.1 mi from Mercado 4
View
A spacious lobby with a reception desk, multiple seating areas, and a high ceiling with ornate railings.

Granados Park Hotel

4.0 star property
La Encarnacion, 1.6 mi from Mercado 4
View
9.6
Exceptional
93 reviews
9.4
Exceptional
215 reviews
9.4
Exceptional
20 reviews
9.2
Wonderful
17 reviews
8.8
Excellent
246 reviews
The price is £65
includes taxes & fees
17 Nov - 18 Nov
The price is £76
includes taxes & fees
6 Dec - 7 Dec
The price is £63
includes taxes & fees
8 Nov - 9 Nov
The price is £27
includes taxes & fees
9 Nov - 10 Nov
The price is £51
includes taxes & fees
8 Dec - 9 Dec
  • Yes, Breakfast included
  • Yes, Pool
  • No Spa
  • Yes, Pet-friendly
  • Yes, WiFi included
  • Yes, Parking
  • No Breakfast included
  • Yes, Pool
  • No Spa
  • Yes, Pet-friendly
  • No WiFi included
  • Yes, Parking
  • No Breakfast included
  • Yes, Pool
  • No Spa
  • Yes, Pet-friendly
  • Yes, WiFi included
  • Yes, Parking
  • No Breakfast included
  • No Pool
  • No Spa
  • Yes, Pet-friendly
  • Yes, WiFi included
  • Yes, Parking
  • Yes, Breakfast included
  • Yes, Pool
  • No Spa
  • No Pet-friendly
  • Yes, WiFi included
  • Yes, Parking

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 travels in Asunción. Visit the area's shops or attend a sporting event.
See properties

Top Mercado 4 Hotel Reviews

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

La Mision Hotel Boutique

La Mision Hotel Boutique
Recoleta

10/10 Excellent

Nice large room, great location handy for the Mall. Excellent breakfast with a friendly service. Loved the place.
United Kingdom
Francis
Reviewed April 20, 2026
La Mision Hotel Boutique

Frequently Asked Questions

What's the area like around Mercado 4?

Mercado 4 is located in an area of Asunción that travellers like for its shopping. If you're looking for a convenient place to stay, take a look at the 26 hotels and other accommodation options you'll find within a mile.

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

Gran Hotel del Paraguay is one of the top choices for your stay based on our traveller 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 will I be able to find near Mercado 4?

Expedia has 26 hotels and other accommodation options 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 room reservations are fully refundable if cancelled before the accommodation's cancellation deadline, which in most cases is within 24 or 48 hours of your scheduled arrival. If you booked a non-refundable reservation, you may still be able to cancel and get a refund within 24 hours of booking. Add dates, click "Search", then you can use the "fully refundable" filter to review the best deals available near Mercado 4.

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.