Hotels near Mercado 4

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Check prices for these dates

Tonight
Dec 27 - Dec 28
Tomorrow
Dec 28 - Dec 29
Next weekend
Jan 2 - Jan 4
In two weeks
Jan 9 - Jan 11

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Our top choices for Mercado 4 hotels

Outdoor pool, pool umbrellas, sun loungers
Gran Hotel del Paraguay

Gran Hotel del Paraguay

Gran Hotel del Paraguay
4.0 star property
1.4 km from Mercado 4
9.8 out of 10, Exceptional, (59)
"Great place to stay. "
United States
Eduard
Gran Hotel del Paraguay
Front of property
Palmaroga Hotel Asuncion, Tapestry Collection by Hilton

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, (170)
"Top quality accommodations, excellent service."
United States
Gustavo
The price is P5,493
P6,042 total
includes taxes & fees
Jan 10 - Jan 11, 2026
Palmaroga Hotel Asuncion, Tapestry Collection by Hilton
Reception
Granados Park Hotel

Granados Park Hotel

Granados Park Hotel
4.0 star property
La Encarnacion, 2.5 km from Mercado 4
8.8 out of 10, Excellent, (205)
"We had a great experience, everything was excellent. The staff was exceptional I will definitely come back "
United States
Nacier
The price is P4,021
P4,423 total
includes taxes & fees
Dec 28 - Dec 29
Granados Park Hotel
Balcony
Asunción Palace Hotel

Asunción Palace Hotel

Asunción Palace Hotel
3.0 star property
La Encarnacion, 3 km from Mercado 4
8.8 out of 10, Excellent, (89)
"It was amazing to stay in an old palace. The staff are amazing. Some great restaurants nearby in walking distance. In the center of all tourist attractions. "
United States
Heidi
The price is P3,128
P3,440 total
includes taxes & fees
Dec 29 - Dec 30
Asunción Palace Hotel
Interior entrance
Nobile Suites Excelsior Asuncion

Nobile Suites Excelsior Asuncion

Nobile Suites Excelsior Asuncion
3.0 star property
Catedral, 2.2 km from Mercado 4
8.6 out of 10, Excellent, (231)
"Huge room! Clean, crisp, quality linens. "
United States
Elaine
The price is P3,319
P3,651 total
includes taxes & fees
Dec 29 - Dec 30
Nobile Suites Excelsior Asuncion
Terrace/patio
Hotel Guarani Asuncion

Hotel Guarani Asuncion

Hotel Guarani Asuncion
4.0 star property
Catedral, 2.1 km from Mercado 4
8.6 out of 10, Excellent, (631)
"Great place to stay"
United States
Sagrario Indhira
The price is P5,479
P6,027 total
includes taxes & fees
Dec 28 - Dec 29
Hotel Guarani Asuncion
Outdoor pool, open 7:00 AM to 10:00 AM, pool umbrellas, sun loungers
Crowne Plaza Asuncion by IHG

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, (157)
"Excelente staff!"
Mexico
Gustavo
The price is P4,406
P6,462 total
includes taxes & fees
Jan 4 - Jan 5, 2026
Crowne Plaza Asuncion by IHG
Restaurant
Hotel Cecilia

Hotel Cecilia

Hotel Cecilia
3.5 star property
San Roque, 1.4 km from Mercado 4
8.2 out of 10, Very Good, (178)
"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 P3,819
P4,200 total
includes taxes & fees
Dec 28 - Dec 29
Hotel Cecilia
Terrace/patio
Hotel Palmas del Sol

Hotel Palmas del Sol

Hotel Palmas del Sol
3.0 star property
San Roque, 1.7 km from Mercado 4
8.2 out of 10, Very Good, (144)
"Good location and friendly staff Great breakfast. Hotel just seemed a little tired "
United Kingdom
Anonymous traveler
The price is P2,190
P2,409 total
includes taxes & fees
Jan 5 - Jan 6, 2026
Hotel Palmas del Sol
BBQ/picnic area
Premier Hill

Premier Hill

Premier Hill
3.5 star property
San Roque, 1 km from Mercado 4
7.4 out of 10, Good, (89)
"Confortable"
United States
Julio César
The price is P5,236
P5,760 total
includes taxes & fees
Jan 10 - Jan 11, 2026
Premier Hill
Exterior
VIVARIUM

VIVARIUM

VIVARIUM
3.5 star property
San Roque, 1.2 km from Mercado 4
9.8 out of 10, Exceptional, (6)
"Tout a ete parfait. Le personnel genial, le gerant tres agreable, la chambre magnifique et calme, douche de qualité. Terrasse sur le toit, parking surveillé 24/24, non, ma plus belle place au paraguay. Un peu difficile a trouver quand tu nas pas d internet et de gps, mais sinon, je recommande vivement ."
Canada
jerome
The price is P2,403
P2,643 total
includes taxes & fees
Jan 2 - Jan 3, 2026
VIVARIUM
Outdoor spa tub
Asuncion Rent Suites Centro

Asuncion Rent Suites Centro

Asuncion Rent Suites Centro
3.5 star property
La Encarnacion, 2.9 km from Mercado 4
9.6 out of 10, Exceptional, (17)
"Super perfect for me I be back soon "
United States
vidal
Asuncion Rent Suites Centro
Garden view
El Nomada Hotel & Hostel

El Nomada Hotel & Hostel

El Nomada Hotel & Hostel
2.0 star property
1.8 km from Mercado 4
9.4 out of 10, Exceptional, (32)
"Great stay and staff at Asuncion. Nice relaxing garden too and very good price. Close to old town and can use Uber/Bolt easily to go to the further sites like del sol malls, carmelita and airport."
United Kingdom
Oliver
The price is P1,762
P1,939 total
includes taxes & fees
Jan 10 - Jan 11, 2026
El Nomada Hotel & Hostel
Terrace/patio
hotel manduara

hotel manduara

hotel manduara
3.0 star property
Catedral, 1.7 km from Mercado 4
8.0 out of 10, Very Good, (21)
"Staff was very friendly"
United States
Arianny
The price is P2,950
P3,245 total
includes taxes & fees
Dec 28 - Dec 29
hotel manduara
Reception
Cuba linda

Cuba linda

Cuba linda
1.5 star property
1.4 km from Mercado 4
10.0 out of 10, Exceptional, (1)
"Everything is perfect. I feel me at home and higt security"
United States
tugay
The price is P1,175
P1,292 total
includes taxes & fees
Dec 28 - Dec 29
Cuba linda
Reception
Edificio Asuncion

Edificio Asuncion

Edificio Asuncion
3.0 star property
3 km from Mercado 4
Edificio Asuncion
Private kitchen
Edificio Navarra

Edificio Navarra

Edificio Navarra
2.0 star property
1.8 km from Mercado 4
The price is P1,469
P1,616 total
includes taxes & fees
Dec 28 - Dec 29
Edificio Navarra
Massages
La Mision Hotel Boutique

La Mision Hotel Boutique

La Mision Hotel Boutique
4.0 star property
Recoleta, 4.1 km from Mercado 4
9.8 out of 10, Exceptional, (320)
"The hotel is beautiful. Smells good, great beds and food. And In front of the mall. One of the best hotels I have stayed "
United States
Judith
The price is P13,403
P14,743 total
includes taxes & fees
Jan 3 - Jan 4, 2026
La Mision Hotel Boutique
Living area
Divina Tower

Divina Tower

Divina Tower
3.5 star property
Recoleta, 4 km from Mercado 4
9.8 out of 10, Exceptional, (21)
"Good place to stay , good staff , comfortable rooms "
United States
Carlos
Divina Tower
Terrace/patio
Start Villa Morra Rent Apartments

Start Villa Morra Rent Apartments

Start Villa Morra Rent Apartments
3.0 star property
Villa Morra, 4.2 km from Mercado 4
9.6 out of 10, Exceptional, (115)
"Good staff, walking distance to restaurants and shopping centers. "
United States
Christian
Start Villa Morra Rent Apartments
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.
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Top Mercado 4 Hotel Reviews

Five Hotel & Residences

Five Hotel & Residences

10/10 Excellent
"Breakfast is gr8 and lot of options"
hanif 9-night trip
Posted 2 weeks ago
Five Hotel & Residences

Hotels near other Mercado 4 attractions

Museum of Fine Arts

4.1/5 (15 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

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.
See properties

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 17 hotels and other accommodations you'll find within a mile.
What's the best place to stay near Mercado 4?
Hotel Cecilia 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 0.8 mi (1.4 km) from Mercado 4. Other good options within a short distance include Premier Hill and Gran Hotel del Paraguay.
How many hotels should I expect to find near Mercado 4?
Expedia has 17 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.
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, Defensores del Chaco Stadium, and Panteon Nacional de los Heroes. You might spend a leisurely day outdoors at Asuncion Botanical Garden and Zoo and Salud Park.