Estadio Villa Alegre is a football stadium located in Encarnación, Paraguay.

[2][3] The stadium was first opened in the decade of the 1960s with a capacity for 5,000 people and was located in Encarnación's "lower zone" (zona baja), close to the Paraná River.

The plot of land on which it was originally located, named Villa Alegre, was owned by the Physical Culture Association, an entity dependent on the Paraguayan Ministry of Education and Worship, and was donated to the Encarnación Football League in 1956.

[4] The old stadium was set to be demolished due to the works for the completion of the Yacyretá Dam project which involved the flooding of the lower zones of Encarnación, and the last match there was played on 24 October 2008.

[8][9] The new stadium was officially opened on 4 November 2022 with the final match of the 2022 Copa Paraguay between Nacional and Sportivo Ameliano.