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Writer's pictureCarlos E. Gimenez

Palmanova Pacheco: The New Icon in Recoleta that Revolutionizes Architecture in Asunción


PALMANOVA

Last September 11th, at Talleryand Costanera, an event took place that will mark a before and after in the real estate scene in Asunción: the official launch of the Palmanova Pacheco. This project, developed by the renowned Palmanova Group of Katuete SRL, is presented as a masterpiece of contemporary architecture, which fuses the traditional essence of the Recoleta neighborhood with modernity and the most avant-garde luxury.


Palmanova Pacheco stands as an icon of urban transformation, with a disruptive design that breaks with convention to offer a unique living experience. This building is not just a structure; it is a symbol of a new Asunción, where elegance meets functionality, and luxury meets accessibility. From its exclusive amenities, which include a celestial observatory for astronomy lovers, to its interiors with high-end finishes, every aspect of Palmanova Pacheco has been carefully designed to redefine the concept of luxury living.


Emmanuel Brítez - General Manager of Palmanova
Emmanuel Brítez - General Manager of Palmanova

Strategically located on Pacheco Street, on the corner with Teniente Zotti, Palmanova Pacheco is in the heart of Recoleta, one of the most sought-after areas of the city. This neighborhood, often confused with Villamorra due to the proximity of the Villamorra Shopping Center, has become a nerve center of the capital. Just five blocks from the Mariscal Shopping Center, the building is perfectly located to offer its residents a comfortable and connected urban life, with easy access to shopping centers, restaurants and other services.


Palmanova Pacheco has been designed to meet the needs of a diverse public, from young couples who are purchasing their first apartment, to families looking for a spacious and comfortable home. The apartments, ranging from 55 to 150 square meters, come in three types: 1 bedroom, 2 bedrooms and 3 bedrooms, all with spacious and carefully distributed spaces. The 2 and 3 bedroom units, in particular, stand out for their secondary bedrooms that are large enough to accommodate two beds.



The building will have two entire floors dedicated exclusively to top-level amenities. On the fourth floor, there will be a 276 m2 gym, equipped with gendered changing rooms and a sauna, along with a 120-meter running track for those who enjoy jogging at altitude. In addition, a coworking space, a kids room for the little ones and three office rooms will be included for those who need a quiet space to work. The terrace, meanwhile, will be an oasis of relaxation with an infinity pool offering panoramic views of the city, a large deck for sunbathing, a fun space with a pool table, two heated barbecue areas ideal for social gatherings, a green garden to relax surrounded by nature, and a starlight corner equipped with a telescope for stargazing.


The development, construction, administration and marketing of Palmanova Pacheco are the responsibility of Katuete SRL, a company founded in 1998 that has evolved under the leadership of Adrián Soria, current General Manager and partner of the firm. With more than 35 years of experience in the sector, Katuete SRL has migrated from horizontal to vertical real estate development, positioning itself as a benchmark in the construction of high-rise buildings in Asunción. Palmanova Las Mercedes, the firm's first building, was a resounding success, and now, with the launch of Palmanova Pacheco, the company consolidates its position in the market with its third building and second project in the Recoleta area.


One of the highlights of Palmanova Pacheco is its architectural design, led by Jasper Architects, an international firm with offices in Buenos Aires, Berlin and Asunción. Founded by Martin Jasper in 2008, Jasper Architects is renowned for its innovative and disruptive approach to architecture, using meticulous research into site conditions, social and urban history, and programmatic and functional objectives to arrive at design solutions that propose new interpretations of the context. With over 428,000 m2 projected and 167,000 m2 built, the firm has left its mark on the international architectural scene, and Palmanova Pacheco is a clear example of its ability to innovate.



The building, with its structure of three superimposed blocks and green terraces, is not only aesthetically impressive, but is also sustainable, with an extensive implementation of vertical gardens and green spaces that fill the urban environment with life. In addition, the use of alucobond, a reflective material, allows the building to change colour depending on the time of day, making it a visual landmark in the city.


In a real estate market where there is a wide range of options, identifying the right product is crucial to ensure a good investment. Palmanova Pacheco is positioned as a safe option thanks to its high construction quality and focus on durability. In addition, the project has a unique guarantee policy on the market, which guarantees 100% of the money invested in a unit, providing peace of mind to buyers.


With a launch price of $1,500 per square metre, Palmanova Pacheco offers excellent value for money in a prime location. Prices will be adjusted by 10% every six months until completion of the project, scheduled for May 2027, with construction scheduled to begin in November this year. This launch represents a unique opportunity for those looking to invest in an innovative, high-quality project in one of the most strategic areas of the city.


PALMANOVA

The launch of the Palmanova Pacheco Building not only marks a milestone in the evolution of architecture in Asunción, but also represents a unique opportunity to live in a space that combines tradition and modernity, luxury and accessibility, in the heart of Recoleta. With its innovative design, top-level amenities and strategic location, Palmanova Pacheco is destined to become an icon of the city, redefining what it means to live in luxury in the 21st century.


For more information about the Palmanova Pacheco Building and all the opportunities it offers, you can contact PALMANOVA at +595 983 196927 or send an email to Info@edificiopalmanova.com .

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