On August 8, Mediterránea Paraguay and Icon Houzze celebrated the groundbreaking of their second major project, called "Mallorca." This event, which took place in the Jara neighborhood, was attended by approximately 55 people, including suppliers, colleagues, family, friends and investors. Among the investors, there was an interesting diversity, with participants from Spain, Argentina, Bolivia, Chile and, of course, Paraguay. This launch represents the company's second development in Asunción, after the success of its first project, "Marsella," located in the Las Mercedes neighborhood.
One of the distinctive features of Mediterránea Paraguay is its meticulous selection of lots for its developments, always prioritizing a strategic location. The "Mallorca" project is located on Avenida Brasilia, just 60 meters from the Universidad Americana, in the heart of Barrio Jara. This location not only guarantees excellent connectivity, but is also located in one of the most dynamic areas of the city, ideal for a young public, both university and corporate.
Barrio Jara is a neighborhood that combines the best of both worlds: a vibrant university life, with more than 12,000 students attending the Universidad Americana in three shifts, and a strong corporate component, with companies such as Grupo Inverto, Grupo Bancard, Banco Sudameris, Banco Itaú and various clinics, including Neolife. This environment makes Barrio Jara an attractive place not only for those looking for a home, but also for those who want to invest in a property with high profitability potential.
The "Mallorca" building is distinguished by offering two types of apartments that adapt to the needs of its target audience. On the one hand, there are the studio apartments, which are divided into two versions: the Small Studio Apartment, measuring 26 square meters, and the Studio Apartment with balcony, measuring 33 square meters. These units are designed to be functional and accessible, with prices starting at $42,000, making them a competitive option in the market.
On the other hand, there are the one-bedroom units, which occupy the front facade of the building and have a surface area of 51 square meters. These units, ideal for young professionals or couples, are priced from $64,000. This variety of options allows buyers to choose the apartment that best fits their needs and budget.
Mediterránea Paraguay has conducted an exhaustive study of the area, analyzing eight competing products located within a radius of less than 800 meters, to provide "Mallorca" with unique characteristics. Focused on a young segment, they have designed amenities that are not common in other developments in the area, and have implemented rigorous security measures to provide peace of mind to their residents.
One of the most notable aspects of the "Mallorca" project is the wide range of amenities designed to improve the quality of life of its residents. Towards the main façade of the building on the roof, there is a heated barbecue area and a co-working area, ideal spaces for social or work meetings in a comfortable and modern environment. The building also has a fully equipped laundry room, which includes washing machines and dryers, allowing residents to supply themselves without having to leave the building.
On the other rooftop façade, the building offers a swimming pool, a firepit area and a deck that are complemented by a large solarium and an expansion area on the terrace. These spaces have been designed not only for enjoyment, but also to foster an active and healthy community among residents.
Security is another fundamental pillar in the design of "Mallorca." The building has three levels of access control. The first filter is located at the entrance on the street; the second, in a first reception area; and the third, in the vertical circulation of the building, where residents must have a PIN or authorization from the doorman to access the common areas and their apartments. This attention to detail in security demonstrates Mediterránea Paraguay's commitment to the protection and privacy of its clients.
Mediterránea Paraguay is a young and dynamic company, founded by four Argentine entrepreneurs who decided to bring their experience in real estate development to Paraguay. Each of the partners comes from different parts of Argentina, including Santa Fe, Córdoba and Salta, and all have a solid track record in the real estate sector in their respective home cities.
Since its arrival in Paraguay, Mediterránea has demonstrated its ability to identify opportunities and execute high-quality projects. Its first development, "Marsella", located in the Las Mercedes neighborhood, has been a resounding success, with 90% of its units already sold and a delivery date scheduled for December of this year. "Marsella" shares many characteristics with "Mallorca", including the typologies of studio apartments and one-bedroom units, but it also offers two-bedroom apartments, an attractive option for small families or investors looking for larger properties.
The success of "Marsella" is largely due to its strategic location and the quality of the product. Located at the highest point of Las Mercedes, the building is surrounded by some 75 commercial premises, making it an epicentre of activity in the area. In addition, like "Mallorca", "Marsella" offers amenities and security measures that add value to the investment.
The success of Mediterránea Paraguay would not be possible without the support of Icon Houzze, the partner in charge of the design and construction of its projects. Icon Houzze is a comprehensive architectural studio that was formally established in 2017. Its main partners, Estefanía Pellar and Nicolás Giudici, both architects, have managed to consolidate the company, with more than 25,000 square meters built and designed since its founding.
Icon Houzze specializes in high-rise developments and mid-scale housing, offering a comprehensive service that covers everything from design and construction to the equipment and interior decoration of the units. Its ability to manage projects efficiently has allowed "Marsella", Mediterránea Paraguay's first development, to be completed in a record time of 16 months, two months ahead of schedule.
Mediterránea Paraguay offers flexible financing options for those wishing to purchase a unit in "Mallorca." Interested parties can opt for a 40% down payment and finance the balance in up to 18 installments in dollars. In the case of "Marsella," which is about to be delivered, there are only two units available, which can be purchased with a 40% down payment and the balance in six installments, with delivery scheduled for December.
Mediterránea Paraguay, in collaboration with Icon Houzze, continues to make a difference in the real estate market in Asunción. With projects such as "Mallorca" and "Marsella", the company has demonstrated its ability to identify strategic locations, design attractive products for a young segment and execute high-quality projects in short timeframes. With a focus on innovation, security and comprehensive service, Mediterránea Paraguay is positioned as a key player in the development of the city, offering housing solutions that respond to the needs of the local and foreign market.
For more information about the Mallorca building, you can contact Mediterránea Paraguay at +595 971553055.