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Writer's pictureCarlos E. Gimenez

Codas Vuyk and Puente Presents the Progress of Complejo República and Albor Apartments Projects


Codas Vyuk and Bridge
Gonzalo Codas, Commercial Director of Codas Vuyk, Antonio Cejuela, Director of Puente and Diego Vuyk, Executive Director of Codas Vuyk

In an event held yesterday at the Puente offices in tower 4 of the World Trade Center, Puente and Codas Vuyk presented the progress of the Complejo República and Albor Apartments projects. Both developments have an investment fund managed by Puente Administratora de Fondos SA and are traded on the Asunción Stock and Products Exchange (BVA).


Diego Vuyk, director of Codas Vuyk, highlighted: "We create quality proposals for different needs. In the case of the República Complex, we built three towers with comfortable and accessible apartments for families looking for a functional and well-located space to live and enjoy at home. "For its part, ALBOR is a building, with top-level design and amenities, that attracts the interest of those who choose a cosmopolitan lifestyle."



The Complejo República, with 162 apartments distributed in three towers and a surrounding green area of more than 9,000 square meters, is the first development of that scale in the city of Luque. It is designed as a quality residential solution for families looking for a comfortable, modern, accessible and safe space in a strategic point of Greater Asunción. The units have 1 to 3 bedrooms, a variety of amenities such as a swimming pool, barbecue area with barbecue, park and large parking spaces per tower. The work is already in the completion stage and the delivery date of the apartments is scheduled for the month of July.


The units of the República Complex, according to the available typologies, have values per square meter ranging from USD 1,150 to USD 1,350. 100% bank financing is offered in installments, with the benefit of starting to pay when you move in.



For its part, ALBOR Apartments is a premium development under construction in the Las Lomas neighborhood in Asunción. Located in a strategic area, in the corporate district of Asunción, this development will have 27 floors, 99 apartments with 1, 2 and 3 bedrooms, 5 levels of garages and social areas and amenities. In addition, the building is in the process of obtaining EDGE certification, being the first large building in the area that will have this certification.


EDGE is an international sustainable construction certification that focuses on more efficient buildings and allows processes to be evaluated and strategies developed aimed at reducing consumption by 20% or more of electrical energy, water use and the energy incorporated in buildings. construction materials.This not only makes the project more sustainable, but also translates into financial savings for the end user.


In ALBOR Apartments, the value per square meter ranges from USD 1,450 to USD 1,600, depending on the dimensions and characteristics of each unit. The financing plan includes up to 50% in installments, with a percentage on delivery and the balance upon possession. In both projects there are differential proposals for investors who acquire more than one unit.


"We are advancing with the commercialization of ALBOR and in July we will begin the delivery of units of the Republic Complex. In addition, to facilitate access to the units of the latter, we offer a financing plan with immediate delivery that, we are convinced, will capture the interest of who are looking to access a first home with very competitive conditions," added the director of Codas Vuyk.


Codas Vuyk, the company behind the development and construction of the projects, has more than 45 years of solid track record and experience in the Paraguayan market. Its team of professionals is fully committed to the objective of providing an excellent service. They are characterized by their "constructive seal of high quality, trust and guarantee" that they offer to their clients. This work is reflected in the company's works, which improve people's quality of life and add value, making it an essential ally of its clients in achieving their objectives.


Codas Vuyk is committed to offering quality and highly reliable service in a relationship environment that enhances human qualities. They develop projects and constructions with the most demanding standards in safety, quality and punctuality. They are committed to broadly satisfying the needs and expectations of their clients, meeting their requirements for quality, deadlines and profitability.


Antonio Cejuela, director of Puente, commented: "At Puente we are attentive to detect business opportunities in strategic sectors, understanding the potential of real estate in Paraguay. We work with the Codas Vuyk team to design attractive proposals for local and international investors looking at the region with interest".


The Puente Investment Funds are a financial structure that facilitates the participation of individual, corporate and institutional clients in key areas of the real economy, through an instrument validated and monitored by the National Securities Superintendency. The capital managed by the ALBOR Fund supports and guarantees the project.


With more than 100 years of experience, Puente is a leading entity in the region at a global level, with offices in several Latin American countries. Based in the United Kingdom, the Holding has offices in Argentina, Uruguay, Paraguay, Panama, the United States and Spain to serve more than 35,000 clients. With a team of more than 350 professionals, they accompany people, companies, institutions and communities through their business units: Wealth Management, Corporate Finance, Capital Markets and Sales & Trading.


For more information about the projects and investment options, you can visit the Puente Puente.com .py and Codas Vuyk codasvuyk.com.py websites.

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