Villa Elisa (Spanish pronunciation: [ˈbiʎa eˈlisa]) is a city in the Central Department of Paraguay on the outskirts of Asuncion.

It was the only colony that was inhabited by Swedish people in Paraguay [citation needed] and today is one of the most important and active cities that are part of the Metropolitan Area of the capital.

After the Paraguayan War, Paraguay with its population devastated and poor, was receiving European immigrants, who were given land for the agricultural production and cattle breeding.

Petroleum refinery operated by Petróleos Paraguayos (Petropar), an institution created by law N 1182, issued on December 23, 1985, is located in Villa Elisa.

In this occasion there are masses, a lot of delicious food, typical of Paraguay besides a number of traditional games all over the country, such as pelota tata (fire ball) toro candil, walking on fire, yvyra syi (soap stick) among others.

Some events made in the city are also: the students parades, the religious parades and the important dates, such as the Child Day, the one in the memory of the ex soldiers who fought in the Triple Alianza War, festival of Youth in Spring day and other artistic shows that can be shared by all the family.

Villa Elisa, just like all the Paraguayan cities keeps in its gastronomic taste the typical country food such as : Mbejú, Chipa Asador, pastel mandi`o, ryguasu ka`e, lampreado, butifarra, Chicharó trenzado, Chipa so'o, among other delicious and strange specialties.

One of the notable people of Villa Elisa is the writer Cristian Gonzalez Safstrand, who was born in the city in 1947.