Find hotels near Mercado 4, Asunción from NT$1,041

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Nov 14 - Nov 15
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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
1.4 km from Mercado 4
9.6 out of 10, Exceptional, (93 reviews)
"Everything was perfect; clean room, simple but good breakfast and helpful staff. Most of all, I liked its convenient location just between the old and new Asunción."
United States
Joon
The price is NT$2,437
NT$2,681 total
includes taxes & fees
Nov 24 - Nov 25
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, 2.8 km from Mercado 4
9.4 out of 10, Exceptional, (217 reviews)
"excelente food"
United States
ANIBAL
The price is NT$3,100
NT$3,410 total
includes taxes & fees
Dec 4 - Dec 5
Palmaroga Hotel Asuncion, Tapestry Collection by Hilton
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.

3. VIVARIUM

VIVARIUM
3.5 star property
San Roque, 1.2 km from Mercado 4
9.4 out of 10, Exceptional, (10 reviews)
"Não há bons restaurantes/padarias por perto para refeições e dejejuns."
Brazil
Vladen
The price is NT$1,345
NT$1,479 total
includes taxes & fees
Nov 17 - Nov 18
VIVARIUM
A rooftop terrace with a hot tub, dining table, chairs, and a view of the city at dusk.

4. Asuncion Rent Suites Centro

Asuncion Rent Suites Centro
3.5 star property
La Encarnacion, 2.9 km 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 NT$1,612
NT$1,774 total
includes taxes & fees
Dec 14 - Dec 15
Asuncion Rent Suites Centro
A kitchen with a granite countertop, stainless steel sink, white cabinets, and a built-in microwave.

5. Edificio Navarra

Edificio Navarra
2.0 star property
1.8 km 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 NT$1,095
NT$1,204 total
includes taxes & fees
Nov 15 - Nov 16
Edificio Navarra
A spacious lobby with a red sofa, orange armchairs, a chandelier, and large windows with curtains.

6. Granados Park Hotel

Granados Park Hotel
4.0 star property
La Encarnacion, 2.5 km from Mercado 4
8.8 out of 10, Excellent, (247 reviews)
"Fantastic Stay, great workers, great lounge!"
United States
Jacob
The price is NT$2,179
NT$2,397 total
includes taxes & fees
Nov 15 - Nov 16
Granados Park Hotel
A bedroom with a large bed, a wooden headboard, a nightstand, a lamp, an air conditioning unit, a window with curtains, and a door with a glass panel.

7. Asunción Palace Hotel

Asunción Palace Hotel
3.0 star property
La Encarnacion, 3 km 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 NT$1,973
NT$2,170 total
includes taxes & fees
Nov 16 - Nov 17
Asunción Palace Hotel
A modern building with a sign that reads "paseo la galeria".

8. El Nomada Hotel & Hostel

El Nomada Hotel & Hostel
2.0 star property
1.8 km from Mercado 4
8.8 out of 10, Excellent, (43 reviews)
"It’s a really nice place"
United States
Bodie
The price is NT$1,042
NT$1,146 total
includes taxes & fees
Nov 24 - Nov 25
El Nomada Hotel & Hostel
A grand lobby with a marble staircase, a star-patterned floor, and a large coat of arms on the wall.

9. Nobile Suites Excelsior Asuncion

Nobile Suites Excelsior Asuncion
3.0 star property
Catedral, 2.1 km from Mercado 4
8.6 out of 10, Excellent, (297 reviews)
"Spotless room, great place"
United States
Alan
The price is NT$1,780
NT$1,958 total
includes taxes & fees
Nov 17 - Nov 18
Nobile Suites Excelsior Asuncion
A modern skyscraper with a distinctive blue and white facade, featuring a grid-like pattern and a central vertical element.

10. Hotel Guarani Asuncion

Hotel Guarani Asuncion
4.0 star property
Catedral, 2.1 km from Mercado 4
8.6 out of 10, Excellent, (654 reviews)
"Fantastic place to be in room and bed comfy plus amazing breakfast"
United Kingdom
Iben Giorgio
The price is NT$2,716
NT$2,988 total
includes taxes & fees
Nov 24 - Nov 25
Hotel Guarani Asuncion
A hotel entrance with a glass door, a metal gate, and a number '877' on the door.

11. Hotel Amalfi

Hotel Amalfi
3.0 star property
Catedral, 1.7 km 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 NT$2,219
NT$2,441 total
includes taxes & fees
Nov 15 - Nov 16
Hotel Amalfi
A multi-story building with a rooftop pool, balconies, and a mix of residential and commercial spaces.

12. Hotel Cecilia

Hotel Cecilia
3.5 star property
San Roque, 1.3 km 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 NT$2,426
NT$2,669 total
includes taxes & fees
Nov 15 - Nov 16
Hotel Cecilia
A modern building with large windows and a covered entrance.

13. Crowne Plaza Asuncion by IHG

Crowne Plaza Asuncion by IHG
4.0 star property
San Roque, 1.4 km from Mercado 4
8.2 out of 10, Very good, (170 reviews)
"Good place to stay"
United States
Hossein Akhondi
The price is NT$2,487
NT$3,640 total
includes taxes & fees
Nov 15 - Nov 16
Crowne Plaza Asuncion by IHG
A rooftop pool with a city view, surrounded by high-rise buildings and illuminated windows.

14. hotel manduara

hotel manduara
3.0 star property
Catedral, 1.7 km from Mercado 4
8.2 out of 10, Very good, (39 reviews)
"Very quiet room and staff is superfriendly"
Sweden
Kai
The price is NT$1,486
NT$1,635 total
includes taxes & fees
Nov 15 - Nov 16
hotel manduara
A covered outdoor area with a dining table and chairs, surrounded by lush greenery and a variety of plants.

15. Hotel Palmas del Sol

Hotel Palmas del Sol
3.0 star property
San Roque, 1.7 km from Mercado 4
8.0 out of 10, Very good, (161 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 NT$1,264
NT$1,391 total
includes taxes & fees
Nov 18 - Nov 19
Hotel Palmas del Sol
A multi-story hotel with a prominent corner entrance, multiple air conditioning units, and a well-lit facade.

16. Nobile Hotel Premier Hill

Nobile Hotel Premier Hill
3.5 star property
San Roque, 1 km from Mercado 4
7.4 out of 10, Good, (109 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 NT$1,317
NT$1,448 total
includes taxes & fees
Nov 16 - Nov 17
Nobile Hotel Premier Hill
A dining table with pizzas and condiments, a window with a view of the city at night, and a potted plant.

17. Paranainn Hotel Asuncion

Paranainn Hotel Asuncion
3.0 star property
Catedral, 1.9 km 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 NT$1,065
NT$1,172 total
includes taxes & fees
Nov 15 - Nov 16
Paranainn Hotel Asuncion
A neatly made bed with white linens, a bedside table with a phone, and a window with curtains.

18. Das Heim Hotel

Das Heim Hotel
3.0 star property
San Roque, 0.9 km from Mercado 4
8.0 out of 10, Very good, (2 reviews)
The price is NT$1,816
NT$1,998 total
includes taxes & fees
Dec 1 - Dec 2
Das Heim Hotel
A hotel lobby with a checkered floor, wooden tables, purple chairs, a staircase, and a patterned wall.

19. Patagonia Hostel

Patagonia Hostel
1.0 star property
Catedral, 1.7 km from Mercado 4
The price is NT$1,405
NT$1,545 total
includes taxes & fees
Nov 28 - Nov 29
Patagonia Hostel
A modern living room with a sofa, two coffee tables, and a TV on a wooden stand.

20. Sky Stays at Life Mariscal

Sky Stays at Life Mariscal
5.0 star property
Recoleta, 3.7 km from Mercado 4
10.0 out of 10, Exceptional, (5 reviews)
"We enjoyed ourselves very much. The apartment was very clean and the location we in a very nice neighborhood. I highly recommend this apartment."
United States
Thomas
The price is NT$1,447
NT$2,495 total
includes taxes & fees
Dec 8 - Dec 9
Sky Stays at Life Mariscal
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 popular hotels close to Mercado 4

Property
Property class
Guest rating
Breakfast included
Pool
Spa
Pet friendly
WiFi included
A pool surrounded by palm trees and lush greenery, with a pathway leading to the pool.
Gran Hotel del Paraguay
4.0 star property
9.6
Exceptional
93 reviews
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
9.4
Exceptional
217 reviews
View
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.
VIVARIUM
3.5 star property
9.4
Exceptional
10 reviews
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
9.4
Exceptional
20 reviews
View
A kitchen with a granite countertop, stainless steel sink, white cabinets, and a built-in microwave.
Edificio Navarra
2.0 star property
9.2
Wonderful
17 reviews
View

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.
See properties

Top Mercado 4 Hotel Reviews

A modern living room with a sofa, two coffee tables, and a TV on a wooden stand.
Sky Stays at Life Mariscal

Sky Stays at Life Mariscal

Sky Stays at Life Mariscal
Recoleta

10/10 Excellent

We enjoyed ourselves very much. The apartment was very clean and the location we in a very nice neighborhood. I highly recommend this apartment.
United States
Thomas
Reviewed February 23, 2026
Sky Stays at Life Mariscal

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.