Carapeguá (Spanish pronunciation: [kaɾapeˈɣwa], Guaraní: Karapegua) is a city and district of the Paraguarí Department, Paraguay, located 84 km from Asunción.

[1] Settled by the Caañabé river and over the Route 1 "Mariscal Francisco Solano López", the Carapeguá district is located near the legendary Ypoá lake.

In agricultural production they cultivate sugar cane, corn, cotton and manioc.

The main asphalted road is the Route 1 "Mariscal Francisco Solano López", that connects the district with Asunción and other locations of the department and the country.

There are many commerce where could be acquired the products made of poyvi, like sheets, hammocks, blankets and ponchos.