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Writer's pictureCarlos E. Gimenez

AZ Inversiones Inaugurates the First Tower of España Las Mercedes in Asunción

AZ INVESTMENTS

AZ Inversiones, the real estate developer with 13 years of experience in the Paraguayan market, celebrated the inauguration of the first of the two towers at España Las Mercedes, located in the traditional neighborhood of Las Mercedes.


The opening ceremony of España Las Mercedes, Torre 1 was attended by company executives, clients, media and special guests. This project represents the ninth successful development of AZ Inversiones and the first in the Las Mercedes neighborhood, standing out for its combination of luxury and functionality.


The building, located in General Santos almost España, offers a variety of luxury amenities for the whole family, including coworking rooms, two receptions, a terrace with a pool, a heated barbecue area, gym and games area. Its strategic location, close to clubs, schools, shopping centers and hospitals, makes it an attractive option both to live and to invest.


Spain Las Mercedes

With 16 levels and 197 residential apartments, the first tower reflects AZ Inversiones' vision of creating a spacious, comfortable project with an innovative design. Despite the challenges imposed by the pandemic, the work was completed on time, demonstrating the company's capacity for adaptation and resilience. Additionally, each apartment has been meticulously designed to offer maximum comfort and functionality, using high-quality materials and luxury finishes that ensure an exceptional living experience.


The project consists of two stages, the first having been completed with the inauguration of this tower. The second stage, corresponding to Tower 2, is expected to be completed in a period of 18 to 20 months. Tower 1 is already more than 90% sold, while Tower 2, which is beginning construction, has more than 50% of the units sold. Buyers have shown great interest due to the combination of luxury, location and payment facilities offered by the company.


The Las Mercedes neighborhood is considered unique for those who want to invest or live there, since it is a traditional and consolidated neighborhood in Asunción. Its privileged location offers proximity to shopping areas, the city center and the waterfront. In addition, it has important schools and health centers, making this neighborhood a very attractive option. Las Mercedes is not only a central location, but also a quiet and safe area, ideal for families and professionals looking for comfort and quality of life.



The total development will cover 25 thousand square meters, with 200 apartments distributed in the two towers. The towers will have two infinity pools, gyms, event rooms, 24-hour security and garages for all apartments, thus raising the quality of life of residents. The common areas are designed to foster a sense of community among residents, with green spaces and recreational areas that invite recreation and social interaction.


AZ Inversiones celebrates 13 years in Paraguay, specializing in developing projects adapted to the needs of the current market. The company offers two plans: DueñoSoy, with installment prices for two- or three-bedroom units, and Inversoy, with benefits for Paraguayan and foreign investors. The projects are aimed at the final consumer, with payment facilities and agreements with banks. AZ Inversiones has stood out for its commitment to quality and innovation, always seeking to exceed the expectations of its clients.


Currently, AZ Inversiones is developing the Germany Sajonia project, which promises to be another milestone in the Asunción real estate market. This project, located in the Sajonia neighborhood, seeks to replicate the success of España Las Mercedes, offering a combination of luxury, comfort and innovative design. In addition, the company will soon start Zenith Colombia, a mixed-use development that is projected as a reference in architecture.


AZ Inversiones remains firm in its mission to offer high-quality housing solutions, adapting to market trends and the needs of its clients. With each new project, the company reaffirms its commitment to sustainable development and the creation of vibrant, well-integrated communities. AZ Inversiones' vision is to continue being a leader in the Paraguayan real estate market, offering projects that not only meet the highest quality standards, but also contribute to the well-being and happiness of its residents.


For more information about España Las Mercedes, you can contact AZ Inversiones at +595 982 971 000.


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