Global stock markets plunged on Monday, with Japan's Nikkei index experiencing its worst day in 37 years, as investors fear a possible US recession and dump risky assets. The Topix index fell 12.2%, the biggest sell-off since "Black Monday" in October 1987, wiping out its gains for the year. On Wall Street, the tech-heavy Nasdaq fell 6.3% in early trading, heading for its worst day since the early days of the Covid-19 pandemic, while the S&P 500 lost 4.1% . Nvidia fell 15%, while Apple shares were down 9% and Tesla was down 11%. The Vix index of expected US stock market volatility, known as Wall Street's "fear index", jumped above 65 points on Monday, the highest level since 2020. The global meltdown was exacerbated by the dismantling of the so-called yen carry trade, in which traders had taken advantage of Japan's low interest rates to borrow in yen and buy risky assets. The yen has strengthened about 13% since mid-July, boosted by the Bank of Japan's interest rate hike last week, including a 2.9% gain to ¥142.31 against the dollar on Monday. Futures trading on Topix and Nikkei was suspended during the afternoon session as the selling frenzy continued into the close, reaching "circuit breaker" levels that automatically halt trading. In South Korea, similar measures were activated for the first time in four years. South Korea's Kospi index fell 8.8%, while Australia's S&P/ASX fell 2.5%. India's Sensex lost 2.7%. In Europe, the benchmark Stoxx Europe 600 index fell 3.1%. The global turbulence spread to the cryptocurrency market, with the price of Bitcoin falling 20% to $49,812, while the price of Ether, another cryptocurrency, fell 27% to $2,186. These significant fluctuations can affect the real estate market in Paraguay in several ways. The decline in international stock markets may lead foreign investors to be more cautious with their investments, including the real estate sector in Paraguay. Additionally, investors may withdraw capital from real estate investments to cover losses in other markets, thereby reducing the liquidity available in the Paraguayan market. The fear of a recession in the United States and other important markets can have a cascading effect, affecting global economic growth and, therefore, the Paraguayan economy. A weaker global economy may translate into lower demand for goods and services exported by Paraguay, which would negatively affect employment and people's ability to invest in real estate. The drop in the value of cryptocurrencies such as Bitcoin and Ethereum may affect investors who use these assets to buy property. Instability in financial markets can reduce consumer confidence, which in turn could cause people to postpone purchasing property. Banks and financial institutions could tighten conditions for granting mortgage loans due to a riskier economic environment, making it more difficult to access financing for home purchases. If demand for properties decreases due to economic uncertainty, property prices may stabilize or even decline. A Deloitte study shows that financial crises can lead to a 10-15% drop in property prices. However, there are also positive effects. Investors looking to diversify their portfolios away from the volatile stock and cryptocurrency markets may find the Paraguayan real estate market a more stable and secure option. According to a CBRE study, 68% of global investors are diversifying their portfolios in response to financial market volatility. Volatility in other assets may cause investors to refocus on real estate, traditionally considered a safer long-term investment. If the Paraguayan real estate market is perceived as more stable compared to international markets, it could attract investors seeking refuge in times of uncertainty. Considering the good economic performance of Paraguay during the pandemic, where it was the country with the least economic contraction in all of Latin America and the Caribbean after the global health crisis, the policies adopted by the government proved to be successful in boosting economic growth and strengthening macroeconomic stability. . The average growth of 5.14% recorded in the five-year period 2006-2010 was vastly higher than in previous periods, despite the effects of the global economic crisis and adverse climatic factors that affected the economy in 2009. The global economic crisis, which had its epicenter at the end of 2008, negatively impacted Paraguay in 2009, the year in which, in addition to external disturbances, a severe drought severely affected agricultural production, resulting in a 4% drop in GDP. However, in subsequent years, especially in 2010, the Paraguayan economy recorded positive results, with a GDP growth rate of more than 13%, the highest in MERCOSUR and one of the highest in the world in that year. In addition, Paraguay reached investment grade (Baa3) according to the rating agency Moody's, reinforcing the perception of stability and security for investors. This information is relevant to the current context of volatility in global markets because it highlights the resilience of the Paraguayan economy in the face of previous international economic crises. Paraguay's ability to maintain macroeconomic stability and achieve significant growth during periods of global economic adversity demonstrates that the country can be an attractive haven for investors in times of uncertainty. Moody's investment grade rating further underscores this stability, suggesting that investments in the Paraguayan real estate market can offer security and growth potential that investors seek amid global financial turbulence. Falling prices in other markets could keep property prices in Paraguay more attractive, attracting both local and foreign buyers. An ECLAC report shows that foreign direct investment in real estate increased by 5% in Latin America in 2023, which could indicate a positive trend for Paraguay. Investors who made significant profits before the crash may choose to reinvest those profits in real estate. Central banks can reduce interest rates to stimulate the economy, which in turn could make mortgage loans more affordable and stimulate property purchases. The real estate market can show resilience in times of economic crisis, as the demand for housing and the need for commercial properties persists. The government could implement stimulus policies to support the real estate sector, such as tax incentives or construction support programs. Uncertainty in financial markets may lead to increased demand for safe haven real estate, increasing activity in the market. People may choose to invest in real estate properties instead of keeping their money in volatile financial assets. Companies in the real estate sector can innovate and adapt, offering products and services that attract investors in a changing environment. Investment in infrastructure and urban development can continue, creating additional opportunities in the real estate market. To mitigate the negative effects and take advantage of the opportunities arising from volatility in financial markets, real estate market players in Paraguay can take several proactive measures. These include developing risk management plans that consider contingency scenarios for different economic situations, conducting regular market research to identify trends and changes in demand, and diversifying their portfolios with a mix of residential, commercial and industrial properties to reduce risks. Additionally, it is crucial to use advanced technology and digital tools to improve the customer experience and optimize the sales and rental processes. Work with banks and financial entities to offer attractive and accessible financing options for buyers and investors. Continuous training of staff on market issues, technology, customer service and risk management is essential. Likewise, it is advisable to create campaigns to encourage local investors to invest in the national real estate market, highlighting stability and growth opportunities. Finally, showing the world the opportunities present in the country reinforces its attractiveness as a safe and profitable investment destination. Volatility in international financial markets and cryptocurrencies can present both challenges and opportunities for the real estate market in Paraguay. By proactively adapting to these conditions, market players can mitigate negative effects and take advantage of opportunities for growth and stability. It is important to maintain constant monitoring of how these dynamics develop to adjust strategies and decisions in real time, thus ensuring the resilience and competitiveness of the real estate sector in the country.

Creo Inmuebles, a prominent real estate company with a history of eight years in the market, has announced the launch of its sixth building in the Ventura line: the Ventura Hassler. This new project is the result of almost a decade of dedicated work by a team of professionals committed to the needs of the Asuncion community in terms of location, quality, durability, comfort and aesthetics. Strategically located at RI 6 Boquerón corner Hassler, in the Mariscal Estigarribia neighborhood, Ventura Hassler is just a few steps from Boggiani Avenue and minutes from Mariscal Shopping, with quick access to the corporate axis of the city. This privileged location offers its residents the perfect combination of comfort and tranquility, in a neighborhood in full development. From its privileged corner position, Ventura Hassler offers spectacular views of the greenery of the city of Asunción, a detail that enhances the experience of those who choose to make this place their home. The building, seven stories high, houses a total of 56 apartments with 1, 2 and 3 bedrooms, as well as 62 garages distributed over two levels. All apartments are characterized by their spaciousness, luminosity and efficient distribution of space, with a closed kitchen, laundry room and large balconies with their own grills. In addition, they have air conditioning, white aluminum openings with tempered glass, water heaters, natural porcelain floors and high-quality kitchen furniture and closets. Ventura Hassler residents will also enjoy a wide range of amenities and services designed to meet your every need. From a controlled and secure access lobby to two elevators, an air-conditioned barbecue area with gourmet kitchen and grill, swimming pool, solarium and terrace, outdoor grill, gym, an expansion space and service area on the ground floor, every detail has been been carefully thought out to offer an incomparable living experience. The Ventura buildings are designed with the lifestyle of Paraguayans in mind, offering spacious and functional spaces that provide privacy and comfort to their residents. In addition, individual grills have been incorporated into each apartment and large balconies that allow you to enjoy the outdoors from the comfort of home. Apartment prices in Ventura Hassler start at $55,000 for one-bedroom units. The work is scheduled to begin in July 2024, with an estimated delivery for August 2026. The development of the Ventura Hassler is carried out by Creo Inmuebles, a company specialized in the development of housing projects that seeks to guarantee maximum efficiency in the layout of spaces and a high standard of quality in its designs and materials used. The construction is carried out by GA&W (González Acosta & Wood), a construction company with more than 29 years of experience in the market and a unique quality seal under ISO 9001 standards. With five buildings completed, one under construction and this new launch, Creo Inmuebles reaffirms its commitment to continue contributing to the urban development of Asunción and offer quality housing solutions to its inhabitants. Ventura Hassler is presented as a unique opportunity for those seeking a modern, comfortable and safe lifestyle in the heart of the Paraguayan capital. For more information about Ventura Hassler you can contact us at +595 995 626915 or at carlosgimenez@elinmobiliario.com.py .

Strategically located on Dr. Morra, between Guido Spano and Olegario Victor Andrade in the prestigious neighborhood of Villa Morra, First Morra is presented as an exceptional investment. This ambitious project consists of two towers that house 302 apartments, with 120 parking spaces and 46 storage spaces distributed on two levels, all designed to optimize spaces, maximize profitability and low expenses. With First Morra, you can earn up to 8% net annual rental income with traditional leasing. Additionally, it offers a 20% to 30% increase in value upon project completion. With 13 levels and up to 12 apartments per floor, First Morra offers a variety of residential options. The studio apartments start from 28.2 m², the one-bedroom apartments from 40.9 m², and the two-bedroom apartments from 55 m². All spaces have been designed with large windows, capacity for king size beds, and an efficient distribution that optimizes every square meter. Prices start at $41,039 and the one- and two-bedroom apartments include a garage and storage room. The developer offers several payment options, including cash payment, 30% initial delivery, 60% during construction, and 10% on delivery, in addition to fixed installments without initial delivery or reinforcements, facilitating access to a wide range of investors. First Morra has been designed to offer a complete lifestyle with top-notch amenities. The two towers have elegant lobbies, barbecue area, coworking, lounge, private meeting room, gym, swimming pool, terraces, rooftop restaurant, children's play area and several commercial premises on the ground floor. Additionally, an 800 m² elevated plaza provides a safe and private space for residents to enjoy, a luxury in the middle of the city. Villa Morra is one of the most coveted areas of Asunción, known for its abundant vegetation that provides shade and coolness, making it pleasant to walk even on the hottest days. With more than 150 companies, including multinationals such as Citibank, Itaú, GNB, and Monsanto, as well as major banks such as Banco Atlas, Sudameris and Continental, this area has a high concentration of economic activity. In addition, it houses key entities such as the Inter-American Development Bank and the Ministry of Industry and Commerce. This neighborhood is also a gastronomic and entertainment epicenter, with more than 50 gastronomic establishments, universities, corporate offices and shopping centers. Its proximity to corporate and entertainment hubs makes it especially attractive to investors seeking to maximize the return on their investment through rentals. Demand in Villa Morra is driven by its proximity to attractions, business centers and entertainment areas. The possibility of enjoying a green environment under the shade of its trees is an additional attraction, rare in other capitals in the world. This business dynamism and the high demand for rentals make Villa Morra one of the most profitable areas to invest in Asunción. Units without a garage are an excellent option in walkable neighborhoods like Villa Morra. They represent a low-ticket investment and offer a good return for investors, taking advantage of the high demand in the area without the need for large initial outlays. Construction of First Morra is scheduled to begin in March 2025, with delivery projected for March 2028. PROINVEST, the developer behind First Morra, is a real estate company created by investors for investors, with a proven track record of success in creating profitable projects in Asunción. From its first project, First Living, launched in 2021 and 95% sold before starting construction, to First del Sol and the iconic development FIRST Mariscal in front of Shopping Mariscal, PROINVEST has demonstrated an exceptional ability to meet deadlines and quality standards. promised. PROINVEST specializes in developing profitable projects based on three key pillars: strategic location, compact apartments and low expenses. This combination ensures maximum return on investment and attracts investors seeking efficiency and value. In addition, PROINVEST partners invest personally in the units they develop, demonstrating their confidence in the projects and providing peace of mind to investors. This philosophy has led to record sales and a solid reputation in the real estate market. Benitez Bittar , the construction company in charge of the project, has 34 years of experience in the market and a solid reputation based on its focus on quality and innovation. With more than 526,070 m² projected and a presence in 10 cities, its commitment to excellence is evident in each of its developments. In the residential field, Benitez Bittar has distinguished itself for the attention to detail and quality in each of its projects. From large projects to smaller developments, each project reflects their commitment to excellence and customer satisfaction. This project promises to not only be an impressive addition to the Villa Morra skyline, but also a solid investment for those seeking security and high returns on their real estate investments. For more information about First Villa Morra you can contact us at +595 995 626915 or at carlosgimenez@elinmobiliario.com.py .

Urban Cumbres, an innovative real estate project in Luque. With a large central plaza surrounded by four medium-scale buildings, it offers large green spaces and amenities such as a gym, barbecue area and play areas. Urban Domus, a renowned real estate project development company, has announced its most recent creation: Urban Cumbres. This project, located in the Campo Grande neighborhood, is presented as a different proposal in the field of housing construction in Luque. Urban Cumbres stands out for its innovative design concept, which is based on the creation of a large central plaza surrounded by four medium-scale buildings. These buildings have been carefully designed to provide spaces suitable for families, where they can enjoy generous green areas, play areas, exercise and relaxation. The architecture of the Urban Cumbres buildings combines traditional textures such as concrete and brick, creating a warm and harmonious aesthetic that integrates perfectly with the environment. The apartments offer various options, with 1 and 2-bedroom units, ranging in size from 45 m² to 65 m². Each building has 5 floors and 10 apartments per floor, providing a wide range of options for future owners. The Urban Cumbres amenities are another highlight of this project. Each tower offers an exclusive gym, barbecue area and internal garden for its residents. In addition, the common areas include a swimming pool, a solarium and a children's play area, which complete the recreation and leisure offering for the whole family. Completion of Urban Cumbres is scheduled for July 2025, offering a unique opportunity for those seeking a home in a quiet and well-planned residential environment. Urban Domus, the development company, has a solid 8-year track record in Paraguay, having successfully completed 6 projects and another 4 in development. Their commitment to quality is reflected in every detail of Urban Cumbres. For more information about Urban Cumbres and its features, you can contact us at +595 995 626915.

Urban Molas: An industrial-style building with extensive amenities and functional design in the Las Lomas neighborhood. Urban Molas: An industrial-style building that combines functionality, warmth and beauty, located in Padre de la Cruz Ortigoza, Barrio Las Lomas, Asunción, with completion scheduled for August 2025. It consists of 6 floors, 2 towers and 90 apartments of 1 , 2 and 3 bedrooms, with measurements ranging from 57 m² to 116 m². This modern real estate development offers a wide variety of amenities and recreational spaces for residents. Among the amenities are an equipped gym, a swimming pool to enjoy the good weather, a solarium to relax outdoors and a games room for everyone's entertainment. In addition, it has 3 air-conditioned barbecue areas for social gatherings, a kindergarten for the little ones, a co-working for those who work from home, a reading room for literature lovers and gardens with preserved areas to connect with nature. Every square meter of these buildings has been designed with the functionality and luminosity of the spaces in mind, providing a high level of comfort to future owners. The apartments have air-conditioned rooms, closets in the bedrooms, a kitchen equipped with furniture, an oven, hood and stove, as well as a box with screens, mirrors, furniture and a hot water heater. Urban Domus, the developer of Urban Molas, has a solid 8-year track record in Paraguay, having successfully completed 6 projects and having another 4 in development. Their commitment to quality is reflected in every detail of this new real estate project. For more information about Urban Molas and its features, you can contact us at +595 995 626915.

In the dynamic real estate panorama of Asunción, a new icon of modernity and comfort emerges: Urban Santa Teresa. Strategically located at the intersection of Concejal Vargas and Tte. Vera 1390, in the picturesque Ykua Satí neighborhood, this project redefines the concept of urban living for young people and families looking for a vibrant lifestyle without compromising comfort and quality. Conceived by Urban Domus , a company with a history of 9 years and 12 real estate projects under its belt, Urban Santa Teresa not only promises a living space, but a living experience. "We seek to be a reference in the Paraguayan real estate market, making our projects a real contribution to cities," says the team behind Urban Domus . Located in the Ykua Satí neighborhood, steps from Santa Teresa Avenue and a few minutes from the main corporate and commercial centers such as Shopping del Sol and Paseo La Galería, Urban Santa Teresa offers a privileged location. For Urban Domus , proximity to commercial centers and educational centers is fundamental in the selection of its locations, ensuring that its projects are at the epicenter of urban development. The project offers a variety of housing options, such as 29m² studio apartments, 45m² one-bedroom apartments and 70m² two-bedroom apartments. With prices starting at $52,000, Urban Domus features flexible payment plans, allowing clients to pay 20% in installments during construction, interest-free, adapting to the individual needs of each buyer. Urban Santa Teresa not only stands out for its location and affordable prices, but also for its features and amenities. With 11 floors and 7 apartments per floor, the building has a gym, heated barbecue area, closed circuit, co-working space, laundry and a swimming pool with solarium, providing a complete and convenient urban lifestyle. Quality and design are the fundamental pillars of Urban Domus . With a focus on construction excellence and innovative architectural design, the company ensures that all its projects meet the highest quality standards. "We supervise the entire construction process with our own equipment. Achieving a good level of quality in construction involves an intensive process, which is why all projects that have the Urban Domus seal meet the highest quality standards," they highlight from Urban Domus . In addition, a human team supports the entire process; from advice, purchase to delivery and post-delivery of the unit. Urban Santa Teresa joins an impressive portfolio of Urban Domus projects, which includes notable developments such as Izara Barrio Privado , Urban Cumbres , Urban Molas and Lomas 1820. Each project reflects the company's commitment to creating spaces that not only meet the needs of their clients, but also enrich the cities where they are located. In short, Urban Santa Teresa is more than a residential complex; It is a contemporary urban lifestyle statement, where modernity, comfort and convenience merge to create a truly exceptional home in the heart of Asunción. With its unique combination of prime location, innovative design and impeccable quality, this project promises to be a landmark in the city's urban landscape. For more information about Urban Santa Teresa and the opportunities it offers, you can contact us at +595 995 626915.

In the heart of Asunción, between Mariscal López and Boggiani, is the new and exclusive gated community La Escondida 3. This housing project redefines the concept of community, combining the independence of each home with a safe and familiar environment, ideal for those They seek a quiet and safe lifestyle for their families. La Escondida 3 stands out for offering twelve completely independent houses. Each home has its own closed barbecue area, pool, and patio, eliminating the need for shared common areas. This design not only improves coexistence by avoiding conflicts over the use of common spaces, but also provides a calmer environment for residents. There is no need to reserve barbecue areas or worry about the noise of prolonged parties, which contributes to greater harmony between neighbors. One of the most notable features of La Escondida 3 is its safe environment for children. The central street of the condominium becomes a meeting place for the little ones, who enjoy the freedom of riding a bike, playing basketball or simply spending time with friends. This environment recreates the feeling of freedom and security that many Paraguayan adults remember from their childhood, something that is difficult to find today due to insecurity and urban traffic. At La Escondida 3, children can enjoy a lifestyle that encourages socialization and outdoor play. Located in Villa Aurelia, a residential area that has not yet been invaded by large buildings, La Escondida 3 offers an attractive alternative for those who value tranquility and proximity to essential services. Residents have quick access to important avenues such as Mariscal López and Santa Teresa, making it easier to get around the city. In addition, the proximity to Colegio del Sol and other essential services makes this gated neighborhood a very convenient option for families with small children. The houses in La Escondida 3 vary between 400 and 470 square meters of construction, offering three to four bedroom options, with adaptable configurations according to the buyer's needs. The homes have a large kitchen, dining room, TV room, desk, closed barbecue area with barbecue, covered parking for two to four vehicles, and complete service areas. This comprehensive design ensures that each home is comfortable and functional, with well-thought-out spaces for storage and daily living. The price of houses in La Escondida 3 starts at $585,000. The objective of this project is to offer a complete, high-quality product without being excessively large, making it accessible to families who have a budget similar to that of other developments such as La Trinidad. This approach allows even those who do not need large spaces to enjoy high-quality housing in a safe and well-located environment. One of the most attractive aspects of La Escondida 3 is its commitment to the preservation of the natural environment. The land is filled with ancient trees, and the project design has been adapted to keep these trees in place. Some homes even have trees in the middle of the garden or integrated into the interior design, providing shade and a natural environment that is increasingly difficult to find. This approach not only preserves the natural beauty of the site, but also offers added value to residents. Construction of La Escondida 3 is scheduled to begin in the coming days, with an estimated delivery time of 16 to 18 months. Buying a home at this stage offers the advantage of customizing aspects of the home, such as the flooring, interior color and fixtures. Each home is built with a focus on customization, ensuring that no home is identical to another and that each homeowner can have a home that reflects their personal style and preferences. The company behind La Escondida 3 is GONU, with more than 26 years of experience in the construction and real estate development market. The story of GONU began with the founders, who moved several times looking for a house that suited their needs until they decided to build their own. This experience led them to build houses to sell and later to develop projects for third parties. Over time, GONU has evolved, creating gated communities and condominiums like La Trinidad and Pueblo del Río that offer tranquility, security and a sense of community for its residents. La Escondida 3 is not just a place to live, but an investment in quality of life. With its focus on the independence of each home, safety for children, the preservation of the natural environment and the possibility of customization, this project offers a unique proposal in the Asunción real estate market. For those looking for a home that combines comfort, functionality and a sense of community, La Escondida 3 is presented as an unmatched option. For more information about La Escondida 3 you can contact GONU at +595 991978675.

Alejandro Buzó, Broker Owner and Advisor at Century 21 Experience, has shared his inspiring career in the real estate sector, his challenges and his vision for the future. Through his words, you can see his dedication and passion for a market that is evolving constantly. Alejandro Buzó began his career in real estate in 2010, motivated by his family. His family wanted to sell a property in Lambare, and no one was in charge of the sale. That's when he decided to take the initiative. With no prior experience selling properties, he put up a sign and responded to inquiries from potential buyers. In three months, he managed to sell the farm. This first success was the catalyst that prompted him to continue in the business independently, managing property sales and rentals. At first, Alejandro saw this activity as a secondary job. However, as he gained experience and success, he realized that it could become his main business. So, over time, he decided to dedicate himself completely to the real estate business. For several years he worked independently, combining this activity with other jobs. However, in 2014 he joined a real estate agency as an agent, where he remained for almost five years. This period was crucial for his professionalization and for the construction of his client portfolio. In 2018, Alejandro decided to take it a step further and partnered with Stephen George. Together they evaluated several business options and finally decided to acquire the Century 21 Experience franchise. For Alejandro, entering the real estate field meant finding a clear direction and purpose: helping clients. This philosophy of service has been a constant in his career, and he considers it fundamental to his success and that of his team. In his current role as Broker Owner, Alejandro faces several challenges. One of the main ones is the professionalization of the real estate market in Paraguay. In a context where the sector is still developing, it is essential to work in a transparent and professional manner to gain the trust of clients and establish the field as a respected profession. Alejandro highlights the importance of being a role model, and in this way, attracting clients who are looking for quality service. Currently, Alejandro leads a team of 29 advisors at Century 21 Experience. For him, more than the number of advisors, what is important is the quality of the service they provide. Each property and each client represents a great responsibility, and service excellence is the best way to stand out in the market. This work culture has been key to the office's success. One of the big projects that Century 21 Experience has is its participation in the largest real estate fair in the world, Cityscape Global 2024, which will take place in Saudi Arabia in November. This event represents a unique opportunity to publicize Paraguay as an attractive investment destination. Saudi Arabia, with its ambitious Vision 2030 real estate development plan, seeks not only to develop its own country, but also to invest elsewhere, and Alejandro sees this as an opportunity to position Paraguay on the radar of international investors. Regarding his future projection, Alejandro sees himself leading an even stronger team and diversifying his activity within the real estate sector. One of his areas of interest is advising more international clients, with whom he has already had successful experiences. Century 21 Experience works closely with Berkemeyer Estudio Jurídico, allowing them to offer a comprehensive service to foreign investors, from establishing companies to obtaining legal residences. The office and its advisors have been awarded several international awards, such as the Centurion and the Double Centurion. These awards reflect the commitment to excellence and are an incentive to continue improving. Alejandro emphasizes the importance of continuous training and the development of soft skills, aspects that he considers fundamental for success in the sector. At Century 21 Experience, they hold round tables and constant training, always with the goal of being better every day. For Alejandro, efficiently advising a client involves being well informed about the market, knowing the niches in greatest demand and the investment returns that a property can offer. In addition, it highlights the importance of providing personalized follow-up and offering a comprehensive service that goes beyond the real estate transaction. This includes recommending trusted professionals in various areas, such as lawyers, notaries, architects and any solution the client needs, which helps build long-term relationships with clients. Regarding current trends in the real estate market, Alejandro mentions that there continues to be great opportunities for investors due to the high demand for rentals. Furthermore, the development of projects is not limited to Asunción and Greater Asunción, but extends to other cities of the country, such as Concepción, Encarnación and Ciudad del Este, where important investments are being carried out. Alejandro also highlights the importance of personal development and continuous training to face the difficult moments that may arise in the career of a real estate advisor. Collective intelligence and collaboration within the team are key aspects to maintaining focus on serving others and not just individual interests. Finally, Alejandro emphasizes that the search for excellence and quality service are what distinguishes Century 21 Experience in the market. The work culture in the office is based on seriousness, compliance with what is promised and constant training to stay updated on market trends and customer needs. This, combined with personalized attention and a genuine interest in customer needs, has been the formula for their success. In conclusion, Alejandro Buzó has traveled a remarkable path in the real estate sector, from modest beginnings to becoming a leader in the market. His focus on professionalization, quality service and continuous training has been fundamental to their success and that of Century 21 Experience. With a clear vision for the future and an unwavering commitment to excellence, Alejandro and his team are well positioned to continue leading the real estate market in Paraguay and beyond.

The President of the Republic, Santiago Peña, presented a management report that summarizes the civil works in development to position Paraguay as a multimodal logistics hub of regional importance. Taking advantage of its strategic location in the heart of South America, the country is implementing a series of infrastructure initiatives and projects with a total investment exceeding $2.7 billion. Among the notable initiatives are the improvement and expansion of road networks, the construction of international bridges and investment in technology and logistics equipment for Border Centers. Specific projects include access to the Integration Bridge, part of the Eastern Metropolitan Corridor, and the construction of the Integrated Control Area in Presidente Franco, on the border with Brazil. Other key connection projects with Brazil are the Bioceanic Route Bridge in Carmelo Peralta and the Sovereignty Route, from Pedro Juan Caballero to Ypejhú. Also highlighted are the paving of Route PY22 from San Pedro to Concepción and Route PY12 from Chaco'i to General Bruguez, as well as the improvement and duplication of Route PY01 through a public-private alliance. In addition, crucial projects are being managed such as Route PY05 from Pozo Colorado to Concepción and the construction of Integrated Control Areas on the Paraguay-Argentina border. A new bridge with Argentina is planned in Pilar – Puerto Cano and the improvement of the PY20 from Pilar to Cerrito, along with the Rice Route from Concepción to San Lázaro. The completion of the pending phases of the Pilar Coastal Defense and the concession for the maintenance of several national routes are other works in progress. Two iconic integration projects also stand out: the Paraguay-Paraná Waterway and the new Silvio Pettirossi Airport. Impact on the real estate sector Investment in infrastructure will not only improve connectivity and access to various markets, but will also have a significant impact on the real estate sector. Improving roads and bridges will facilitate transportation and reduce travel times, making certain areas more accessible and attractive for investment. The construction of new routes and the improvement of existing ones will increase the value of properties near these roads, boosting the development of residential and commercial projects. Furthermore, the creation of a regional logistics hub will attract international companies, increasing the demand for industrial and commercial spaces. With the improvement in infrastructure, growth is expected in the construction of homes, offices and shopping centers. In summary, the consolidation of Paraguay as a regional logistics hub will not only strengthen the economy, but will also transform the country's real estate landscape, creating new investment and development opportunities.

David Rodriguez Moreira, CEO of Paraguay Sotheby's International Realty, analyzes the urban transformation of Asunción, which must decide between expanding vertically or to the outskirts. High-rise multifamily projects are attracting young professionals, but for those who prefer traditional homes, northern expansion stands out as a long-term sustainable solution. In the midst of an unprecedented urban transformation, Asunción faces two crucial paths for its growth: expanding vertically or extending to the outskirts. Currently, the Paraguayan capital is experiencing notable development in high-rise multifamily projects, attracting a segment of the population that seeks apartment living, especially in well-located areas, close to shopping and educational centers. However, this change also implies a different lifestyle that the locals of Asunción and Greater Asunción have historically been accustomed to, who value having a house with a patio, pool and their own space. For those looking to maintain that quality of life, options within the city are becoming increasingly limited and expensive. Limitations and Historical Development Asunción has been, and continues to be, limited by the Paraguay River, which has influenced its development since its beginnings in the Bay of Asunción, the place of arrival of the first colonizers. For almost a century and a half, urban growth was concentrated around this area. However, in the last two decades, new areas such as Villamorra, Recoleta and Ykua Sati have emerged as poles of development and high-rise residence. These new growth centers have significantly raised land costs in residential areas near business centers. Today, acquiring land in these areas can require an investment starting at 200,000 to 300,000 dollars, which represents a considerable challenge for new generations seeking to establish themselves. Expansion to the East and South The expansion towards the east, covering areas such as Fernando de la Mora, San Lorenzo and Capiatá, faces problems of densification and congested access. The main roads such as Mariscal López and Eusebio Ayala are saturated, and there are no short-term road infrastructure plans that promise to alleviate this situation. This makes the daily commute to Asunción, which receives around one and a half million people each day, a significant challenge. On the other hand, the expansion towards the south, in areas such as Ñemby, San Antonio, Ypané and Guarambaré due to the advantage of the Paraguay River in this area, which when the water level at the river goes down, this is an area where cargo ships can reach, since It is difficult for them to go up stream. For this reason, everything that has to do with ports and logistics services is being developed here. These areas are being consolidated as a logistics centers, with a focus on social and mid-segment housing for workers in these industries. The West: The Promise of Nueva Asunción and Chaco'í Development to the west, with projects such as Chaco'í and Nueva Asunción, represents a long-term promise. Although the bridge connecting this area with Asunción was recently completed, the lack of an urban planning and basic services has prevented immediate development. Currently, there are only private initiatives trying to promote the area, but they still lack public infrastructure and service proposals such as schools, shopping centers and leisure services, which makes this development still a distant promise. Northward Expansion: A New Development Frontier Northward expansion is one of the most promising areas for Asunción's growth. Over the past 30 years, residential projects such as Surubi'i and the Centennial Club have attempted to develop this area, although accessibility has been a constant challenge. However, the growth of the urban area and the evolution of Luque have changed the panorama. Completed and Underway Projects North of Asunción Projects and Developments in the North Luque has developed impressively, attracting significant investments in residential and commercial projects. The duplication of the route that borders the airport and improvements at intersections promise smoother traffic, facilitating access to areas such as Mariano Roque Alonso and Limpio. This infrastructure project will not only improve connectivity but also boost development across the northern zone. Projects such as Aquadelta, Los Pingos, Altmaria Surubi'i, Pueblo del Rio, Fortis, and the new Maple Bear bilingual school in Surubi'i are examples of the dynamism that is occurring in this area. Additionally, new shopping centers such as Plaza Norte and Los Mimbres Open Mall reflect a trend towards high-quality developments in this region. These initiatives are accompanied by other leisure and educational proposals, although the implementation of large-scale health services is still missing. Impact of Investments and Opportunities Investments in the north are transforming the area into an attractive place to live. The possibility of acquiring land at affordable rates, as is the case with the Aquadelta project, provides an opportunity for new generations to build their home in a modern and well-equipped environment. With installments of approximately $800 over a 10-year term, future owners can plan the construction of their homes in gated communities with comfort and security. This expansion not only offers a short-term solution, but also a prospect for long-term sustainable growth. The proximity to the Paraguay River and development projects such as Los Pingos and Aquadelta are reconnecting the city with its natural environment, providing a superior quality of life compared to the densely urbanized areas of Asunción. Future Vision Looking ahead five years, Asunción faces an inevitable reality: it will be a more expensive and possibly a more chaotic city. The new generations, especially young couples, need viable alternatives to establish themselves. Northward expansion offers these opportunities, allowing families to acquire land and build their homes in a safe and well-planned environment. Over time, the capital gain of these lands and projects will allow owners to revalue their investments and access mortgage loans to continue developing their properties. This not only improves the quality of life of the inhabitants, but also contributes to the economic growth and stability of the region. Asunción is at a critical point in its urban development. As traditional areas become increasingly inaccessible and chaotic, the north emerges as the new horizon of growth, offering a long-term solution for the city's expansion. Investments and projects in this area not only promise a better quality of life, but also an opportunity for sustainable development for the future of Asunción. With a focus on infrastructure, accessibility and quality of life, northward expansion is emerging as the answer to Asunción's urban challenges in the coming years. If you would like to learn more about the opportunities at Limpio and Mariano Roque Alonso, you can contact Paraguay Sotheby's International Realty at +595 982445093 .

Last June 28th marked a significant milestone for the city of Asunción with the official launch of Petra Imperiale. The event, held with the presence of distinguished special guests and executives from the Petra Group, CECON and Banco Sudameris, highlighted the magnitude and innovative vision behind this project that promises to transform the city's skyline. Petra Imperiale will rise on the prestigious Santa Teresa Avenue, specifically on the corner of Santa Teresa and Capitán Emeterio Miranda. This location was carefully selected for its strategic proximity to important shopping centers such as Shopping del Sol and Paseo de la Galería, as well as renowned corporate buildings such as the World Trade Center. This choice not only responds to the need for comfort and accessibility, but also to the demographic characteristics of the city. With almost 70% of the population under the age of 40 and 50% under the age of 25, and with a large portion of the population looking to be close to their workplaces, Petra Imperiale offers an ideal solution for modern urban living. The development of Petra Imperiale follows the innovative concept of "Resort Living", combining comfort and exclusivity in the same place. Inspired by the aesthetics and culture of Rome, the project seeks to merge the ancient with the modern, emulating the atmosphere of the Trastevere neighborhood. Residents and visitors will find fountains, sculptures, alleys and arches, creating a unique atmosphere that invites you to walk and enjoy. The complex will have two large towers. The first, located on the corner of Santa Teresa and Capitán Emeterio Miranda, will be a 24-level corporate building dedicated exclusively to offices, culminating with an attractive rooftop bar. The second tower, L-shaped, will house a hotel from the NH Collection chain and a residential section with 416 apartments. Petra Imperiale not only stands out for its location and concept, but also for its advanced architecture and design. Inspired by the most modern developments in the Middle East, the building incorporates innovative structures that improve efficiency and functionality. The complex is divided into three blocks: the first for the hotel and one-bedroom apartments and lofts, the second for two-bedroom apartments, and the third for penthouses. A technical floor supplies each block, housing air compressors and large water tanks, which minimizes visual pollution and facilitates maintenance. Residents of Petra Imperiale will have access to a wide range of amenities designed to improve their quality of life. These are divided into three levels: Aurum Space : Located on the 10th floor, this space offers closed and heated themed barbecue areas for activities such as pool, foosball and poker, as well as outdoor barbecue-type areas, a swimming pool, gym and laundry. Platinum Space : Located on the 34th floor, this level is reserved for two-bedroom apartments and penthouses, and includes a water park, play and reading areas for children, and a nursery room, focusing on a more family-friendly environment. Spa : On the 61st floor, the most premium spa in the country will offer massages, sauna and four private hydromassage spaces in an environment that simulates labyrinths. Petra Imperiale will stand out as one of the tallest towers in South America, with 73 levels and 250 meters high. The structure includes four basement levels, nine parking levels, and a plaza with dining options. The first level of amenities is located on the 10th floor, followed by the hotel on floors 11 to 15, studio and one-bedroom apartments on floors 16 to 32, and a second level of amenities on the 34th floor. From the 35th floor The two-bedroom apartments are distributed on the 59th, the spa on the 61st floor, and the penthouses on the 62nd to 68th floors. Petra Imperiale offers a range of housing options ranging from studio apartments starting at $66,900, to two-bedroom apartments starting at $130,000 with garage included. Penthouses, located on the upper floors, start at $800,000, offering unparalleled luxury at competitive prices. Sudameris Bank offers an attractive financing plan from the beginning of the work, facilitating investment in this high-demand project. A crucial aspect that deserves to be highlighted is the caliber of the professionals participating in this project. The project is a completely in-house and national development. However, numerous international actors are involved in its execution. The structural calculation has been carried out by Alberto Feinstein, who has worked on most of the Puerto Madero towers in Argentina, including the Alvear Tower. Sergio Estologas, collaborator from Petra Tower, also plays a fundamental role. Estologas analyzes how the structure of Petra Imperiale will behave against the asymmetric winds of Asunción. This analysis, carried out in a wind tunnel in Italy by the Italian-British company Nova Fluid Mechanic, is crucial to guarantee the stability and safety of the tower at all its height levels. The execution of the project also includes Bernardo Burt, project manager of the Sky Costanera in Santiago, Chile, currently the tallest building in South America. Burt will bring his vast experience and expertise in managing large projects to ensure Petra Imperiale is built to the highest quality standards. To carry out the construction of this great project, AGB and Tecinci, two of the most important construction companies in the country, will merge to guarantee the highest quality and efficiency in the execution of the work with world-class professionals and vast experience in the execution of skyscrapers. Petra Urbana, together with these leading construction companies, will ensure that Petra Imperiale not only changes the skyline of Asunción, but also consolidates the city as a modern and attractive urban center. With Petra Imperiale, Asunción is projected into the future, offering its residents a life of luxury and comfort in a dynamic urban environment. Petra Urbana reaffirms its commitment to high-impact development, positioning Asunción as the new eternal city of South America. For more information about Petra Imperiale, you can contact Petra Urbana at +595 974 400 800.

Building Information Modeling (BIM) is transforming the construction and real estate industry globally. BIM is the comprehensive process of creating and managing information for a built asset, based on an intelligent model and enabled by a cloud platform. This model integrates structured, multidisciplinary data to produce a digital representation of an asset throughout its lifecycle, from planning and design to construction and operations. The Evolution of Building Representation Historically, plans and drawings were used to express information about construction plans. This two-dimensional approach made it difficult to visualize dimensions and requirements. Later, computer-aided design (CAD) allowed designers to see the benefits of plans in a digital environment. CAD evolved into 3D, bringing more realistic visualizations to plans. Now, BIM has become the standard, offering much more than a 3D model. Key Features of BIM BIM objects, the components that make up a BIM model, are intelligent, have geometry and store data. These objects can store information such as measurements, weight, colors, prices, product manufacturer or distributor data, product website, certifications and usage parameters, expiration date, and more. If any element is changed, the BIM software updates the model to reflect that change. This allows the model to remain consistent and coordinated throughout the process, facilitating a collaborative environment between structural engineers, architects, MEP (mechanical, electrical and plumbing) engineers, designers, project managers and contractors. Difference Between 3D CAD and BIM While both processes provide geometric expressions of buildings and infrastructure, the BIM process goes beyond geometry and captures the relationships, metadata and intrinsic behaviors of actual building components. Combined with BIM ecosystem technology, this data improves project outcomes in a way that 3D modeling cannot. Featured Projects Where BIM Was Essential Shanghai Tower, China : The tallest tower in China and the second tallest in the world. Due to its complexity, it could not be accurately represented by traditional methods. During its design, BIM was indispensable to coordinate the main design disciplines and produce construction documentation. Nanjing International Youth Cultural Centre, China : Built in just 34 months using 3D digital design and BIM construction management to reduce the on-site program by one year to just 18 months. Statoil Regional and International Offices, Norway : Through extensive planning, advanced BIM modeling and fruitful solution-oriented dialogue, the team of architects, clients, owners, construction companies and subcontractors completed the complex design on schedule. BIM benefits Improved Collaboration : BIM encourages collaboration between architects, engineers, contractors and owners, creating a smooth workflow and reducing conflicts. Improved Design and Decision Making : 3D visualizations and interference detection enable informed design decisions, optimizing space utilization, building performance and aesthetics. Cost and Time Savings : BIM helps with accurate cost estimating, scheduling and resource allocation, reducing waste, errors and project completion times. Facilities Management and Maintenance : BIM models can be used for facility management in post-construction stages, facilitating maintenance planning, space management and life cycle cost analysis. Sustainability and Green Building Design : BIM enables simulations to evaluate the energy performance, daylighting and environmental impact of design choices, promoting sustainable construction and helping to achieve green building certifications. Marketing and Leasing : BIM models can be transformed into immersive 3D visualizations for marketing and leasing purposes, allowing potential tenants to virtually tour the property and better understand its functionalities. Integration of BIM with Other Technologies Virtual and Augmented Reality : Integrating BIM with Virtual Reality (VR) and Augmented Reality (AR) allows real estate marketers to elevate customer experiences by offering immersive property demonstrations. This innovative approach enhances engagement and interactivity, offering a dynamic and engaging exploration of real estate offerings. Artificial Intelligence and Machine Learning : The fusion of AI with BIM data makes it easy to anticipate market trends and property valuations, providing essential information to create well-informed marketing strategies. This integration empowers decision makers with predictive capabilities, allowing them to adapt to dynamic market conditions and optimize their approaches based on accurate and timely information. In short, BIM is revolutionizing real estate by providing a collaborative and intelligent platform that improves every stage of a project's life cycle. From design and construction to operation and maintenance, BIM offers powerful tools to optimize results and promote sustainability in the construction industry.