Yesterday, in an event full of expectation, the groundbreaking ceremony of the Petra Imperiale building was held, a project that promises to redefine the skyline of Asunción and consolidate its position as one of the most vibrant and modern cities in South America. This ambitious real estate development will stand as one of the tallest towers in the region, taking our capital to a prominent place on the architectural map of the continent.
Petra Imperiale , just two months after its launch, has already established itself as a resounding success in the market, with more than 75% of its units sold. This impressive achievement reflects not only the magnitude of the project, but also the great moment that the Real Estate sector in Paraguay is going through, a sector that is in full expansion and that finds in Petra Imperiale an emblem of its growth and potential.
The project will feature a 73-story residential tower, which will become a benchmark for luxury and exclusivity in the region. It will also include a state-of-the-art corporate building, offering innovative and sustainable workspaces that will meet the needs of the most demanding companies. Petra Imperiale 's gastronomic offering will be no less spectacular, with restaurants offering the best of Italian cuisine, creating a top-level culinary destination in the heart of Asunción. Finally, a luxurious hotel operated under the prestigious NH Collection brand will complete the development, offering a five-star service that will attract both tourists and business travelers.
The investment in Petra Imperiale exceeds 70 million dollars, a capital backed by Banco Sudameris, which not only finances the project, but also accompanies it at every stage, guaranteeing its viability and success. The work is under the direction of Cronos, a Paraguayan firm known for its rigorous approach to compliance with the highest quality standards. Cronos will be in charge of both the project and the supervision, ensuring that every detail of the construction meets the most demanding expectations.
Concrete will be supplied by CECON, a leading company in the production and supply of cement and concrete in Paraguay. The choice of CECON as a supplier ensures that Petra Imperiale is built with the highest quality materials, resulting in a robust and long-lasting structure.
The groundbreaking event brought together workers, contractors and construction collaborators who will embark on this monumental challenge. It is estimated that Petra Imperiale will be a source of employment for more than 1,000 families throughout the construction process, injecting millions of guaraníes into the national economy and generating a significant amount of taxes for the city of Asunción.
Delivery of the units is scheduled to begin in December 2029, a deadline that, according to Francisco Soldani, Commercial Manager of Petra Urbana, will not only be a milestone in the development of the project, but also a crucial moment for Paraguay. "This project places Paraguay in the big leagues of real estate development. Petra Imperiale will be the fourth tallest tower in South America, a true icon for Asunción, which reaffirms our ability to compete on the global stage," said Soldani.
Of the 416 units available, nearly 320 have already been purchased, reflecting the high demand and interest that the project has generated. Prices for the units start at $78,000, and there is still availability in all categories, from studios to one-, two- and three-bedroom apartments.
The construction of Petra Imperiale will be carried out in an unprecedented collaboration between AGB and Tecinci, two of the most renowned construction companies in the country. This alliance guarantees the highest quality and efficiency in the execution of the project, thanks to the experience and strength of both firms, which have demonstrated their ability to handle large-scale projects in the past.
Founded 46 years ago by engineer Alberto Gross Brown, AGB has been a pioneer in construction in Paraguay. With nearly 290 permanent employees and around 3,000 subcontractors, AGB is distinguished by its triple ISO certification in Environmental Care, Quality, and Occupational Health and Safety. These pillars are fundamental in its approach to construction, ensuring that each project not only meets the highest quality standards, but also respects the environment and the safety of all involved.
For its part, Tecinci, with 36 years of experience in the private sector, has been a leading company in the construction of skyscrapers and other large-scale projects in Asunción. It was the first construction company in Paraguay to obtain ISO 9000 certification, and its commitment to quality and safety at work is evident in every project they execute. Tecinci places a strong emphasis on teamwork and creating a work environment where employees can develop and stay long-term.
Petra Imperiale promises to be not only an architectural icon, but also an economic engine for Asunción, contributing to urban development and raising the profile of the city on the regional and international stage.
For more details about Petra Imperiale , interested parties can call +595 0984 400 800 or write to contacto@petraurbana.com .