The Office of the First Lady (OPD) hosted the first session of the General Coordination of the Asunción – 500 Years Commission, an inter-institutional initiative that seeks to transform the capital in view of its 500th anniversary in 2037. The meeting, headed by the First Lady, Leticia Ocampos, brought together national and municipal authorities to present progress and key projects aimed at the revitalization of the historic center and the improvement of urban infrastructure. Among the participants were Minister Claudia Centurión of the MOPC, Minister Angie Duarte of the General Secretariat of Tourism, Minister Adriana Ortiz of the Ministry of Culture, the president of ANDE, engineer Félix Sosa, the Coordinator of the OPD, Alicia Pomata, the mayor of Asunción, Oscar Rodríguez, and the Vice Minister of Security of the Ministry of the Interior, Oscar Pereira. The Minister of Public Works and Communications (MOPC), Claudia Centurión, presented the progress of the Urban Resilience program, developed with the support of the World Bank. One of the most relevant projects is the burying of high voltage lines, with an investment of USD 8 million, which will allow the elimination of overhead cables on the Costanera of Asunción. This work will improve the aesthetics of the place, reduce security risks and guarantee a modern and efficient infrastructure. Another of the main axes is the revitalization of the Caballero Park, whose first phase will begin in September 2025 and will include an intervention in 13 hectares with an investment of USD 6 million. The restoration of trails, the reforestation of green areas, the construction of recreational areas, the installation of urban furniture and the rehabilitation of historical structures will be carried out. In addition, the restoration of the Historic Centre will be promoted, starting with the renovation of Plaza Uruguaya, Plaza Mayor and Calle Paraguayo Independiente, in collaboration with the National Secretariat of Culture (SNC) and the Municipality of Asunción. The works will include the restoration of monuments, the installation of new lighting, the renovation of pavement and the expansion of pedestrian spaces. Later, Palma Street and the Cuatro Plazas area will be worked on with work to improve street furniture, the conservation of heritage buildings and the creation of new cultural spaces. The comprehensive restoration of the squares in front of the Cathedral of Asunción will also be carried out, with the aim of revaluing the city's historical monuments, renovating the gardens and improving access for visitors. For its part, the National Electricity Administration (ANDE) presented the progress of the "Centro Brilla" plan, which aims to bury cables in coordination with the Municipality of Asunción. The Municipality will also carry out the renovation and unification of sidewalks in the areas affected. Modern and resistant materials will be used that allow easy maintenance and greater durability. The National Secretariat of Culture will supervise the archaeological work in these areas, given their historical importance. The Vice Minister of Internal Security, Oscar Pereira, addressed the strategies for inter-institutional coordination to address social problems that impact the security of the historic center. A joint working group was established to guarantee a comprehensive and effective approach in the management of these issues. The mayor of Asunción, Oscar Rodríguez, presented the pedestrianization project for Chile Street and the intervention in the Four Plazas of the Panteón de los Héroes. The project will include vehicle closures at certain times, the renewal of paving, the widening of sidewalks, the installation of rest areas and the improvement of public lighting. These works, which will be carried out in two phases starting this year, seek to improve pedestrian mobility and the enjoyment of public space in the city. During the session, it was agreed to draw up a single calendar that includes all the interventions scheduled in the historic center, in order to optimize the execution of the projects, avoid overlaps and guarantee an orderly and efficient transformation of the city. The director of the Executive Directorate of the Historic Center of Asunción, Omar Cubas, highlighted that the meeting was aligned with the coordination established by decree under the initiative "Asunción, Mother of Cities - 500 years." This inter-institutional effort allows the Municipality of Asunción to work together with public and private entities to develop key projects in the Historic Center. Cubas emphasized that these initiatives are linked to "Centro Brilla", promoted by the OPD, with the aim of revitalizing the ground zero of the city, where the National Pantheon of Heroes is located. The session concluded with a commitment from all participating institutions to continue with the implementation of the projects, ensuring sustainability and a positive impact on the city in view of its 500th anniversary.

GEXA CONSTRUCTORA officially began construction of Prime Campus Suites last Monday, February 24, marking a milestone in the concept of student housing in Asunción. The groundbreaking ceremony took place on the property located on Trébol esquina Inga, Loma Pyta, where this innovative real estate development designed specifically for university students will be built. The Prime Campus Suites project represents a housing model that prioritizes comfort, security and functionality for young people in academic training. With a total of 96 housing units, each space has been designed and equipped according to the daily needs of the student, offering added value in terms of comfort. Among its exclusive amenities are study areas equipped per floor, laundry rooms, swimming pool and recreational areas, promoting interaction and community life characteristic of a university campus. Located just four minutes from the Universidad María Auxiliadora (UMAX), an institution that has MERCOSUR accreditation for its Medicine degree, Prime Campus Suites responds to the growing demand for accommodation in the area. UMAX, with 16 years of experience, has consolidated Mariano Roque Alonso as an attractive university hub for national and international students, mostly Brazilian. The presence of this university has generated a sustained increase in the demand for student residences, a need that this new housing complex seeks to address. Prime Campus Suites offers studio apartments with premium finishes from USD 39,900, combining quality and accessibility. In addition, its strategic location facilitates access to the main university centers, while the professional management of the building guarantees high-level security and maintenance. The complex will have 25 parking spaces for cars and 18 for bicycles, offering two types of units of 29.00 m2 and 32.30 m2. During the opening ceremony, Mr. Santiago Talavera, Director of GEXA CONSTRUCTORA, said that "this project represents our vision of creating spaces that are not only highly profitable, but that also satisfy the housing needs of students and, in turn, enrich their university experience." The viability and success of the project are already reflected in the commercialization of 65% of the units before the start of work, whose construction is expected to last approximately 24 months. A key partner in this project is Eu Indico MED, an entity that promotes the medical degree, which has played a fundamental role in attracting Brazilian students to Paraguay. Since its beginning of operations, this institution has registered a 33% increase in the number of new students recruited for the first semester of each year and 18% for the second semester. According to its projections, by 2025 a 37% growth is expected in the number of new students enrolled, which reaffirms the importance of projects such as Prime Campus Suites in the country's educational infrastructure. GEXA CONSTRUCTORA, a company with eight years of experience in the Paraguayan market, has established itself in the construction sector with a focus on local human and professional capital. With more than 22,765 square meters built and a portfolio of more than 10 projects delivered and six in progress, the company has demonstrated its commitment to innovation and excellence in each development. Among its most notable projects are the BMW Owners Club, the ASAN Logistics Center, Flats del Sol, Flats Las Mercedes, Mirador del Chaco, the SEAMPA Recycling Plant, the expansion of Megacadena Comunicaciones and the COMEPAR food factory, consolidating its presence as a benchmark in the country's real estate sector. For more information, you can contact GEXA at +595 992 285008 or send an email to comercial@gexa.com.py .

At an event held at the Hoyo 19 Hall of Club Centenario, with the presence of national and municipal authorities, this initiative was officially presented with the goal of consolidating the growth of Mariano Roque Alonso, Limpio, and Luque as a hub for economic and residential development. The northern area of the Central Department has experienced sustained growth in recent years, driven by its proximity to Asunción, its connectivity with strategic routes, and a series of national and foreign investments that have fostered the construction of housing, shopping centers, recreational spaces, and educational institutions. This growth has created a strong demand for planning and structuring, which is why real estate developers and other key stakeholders have decided to join forces to coordinate efforts and optimize the evolution of this territory through the Distrito Norte Association. Francisco Jorge, General Manager of Altius Group Paraguay; Ernesto Figueredo, President of Raíces Real Estate; and Eduardo Livieres Guggiari, President of Club Centenario, during the official presentation of the Distrito Norte Association. The association, initially driven by Raíces Real Estate, Altius Group Paraguay, Altamira Group, Ganadera Vista Alegre, Colegio Maple Bear, Izara, and Ofisa, was created in response to the need for a coordinated team to address the challenges posed by the region’s growth. The vision of Distrito Norte is not solely focused on the construction of new real estate developments but aims to ensure that growth occurs in a planned, efficient manner with a positive impact on the community and the region’s ecosystem. With the participation of key real estate sector players, the association represents a joint effort to coordinate strategies that will drive the development of the northern area of the Central Department with a long-term perspective. The central objective of this initiative is to create a collaborative space between the private sector, government, and civil society to work on urban planning and the necessary infrastructure to support this growth in an orderly manner. The shared vision is to consolidate an environment where family well-being, economic development, and sustainability go hand in hand. Within this context, projections include the construction of 5,000 residential units, 30,000 square meters of commercial areas, and 75,000 square meters dedicated to education, with an estimated investment of $1.5 billionin the coming years. This development is expected to generate more than 5,000 direct jobs and approximately 13,000 indirect jobs, strengthening both the local and regional economy. Through this structured growth model, the goal is to transform the northern area of the Central Department into a benchmark for well-planned urbanization, balancing housing, commerce, services, and green spaces. Distrito Norte is not a closed or exclusively private-sector organization. From its inception, it has been designed as an inclusive association open to new members, including real estate developers, property owner associations, clubs, and other entities interested in contributing to structured and sustainable urban growth. This openness is crucial for ensuring comprehensive planning that does not rely solely on isolated private initiatives. Lack of planning and coordination has been a challenge in many fast-growing areas of Paraguay, leading to issues such as road infrastructure problems, lack of access to basic services, and urban disorder. Through this initiative, the goal is to prevent history from repeating itself in Mariano Roque Alonso, Limpio, and Luque, by aligning the interests of different stakeholders to guarantee a functional, efficient, and sustainable development in the long term. One of the primary concerns for developers and urban planners is public infrastructure, particularly in terms of roads, transportation, and access to basic services. Currently, the region faces limitations in road networks, potable water supply, and wastewater treatment, which could slow growth and impact the quality of life of future residents. To address these challenges, the association has initiated a dialogue with the government and municipalities to prioritize investments in key infrastructure. Important progress has already been made, such as the duplication of Route 025 Silvio Pettirossi and Route Tapetuya, projects driven by private developers who donated technical studies to the government to accelerate their execution. This public-private collaboration model is one of the fundamental pillars of Distrito Norte, where infrastructure planning and execution are not solely dependent on state initiatives but also benefit from private-sector support and contributions, making projects happen faster and more efficiently. Regarding mobility, another challenge for the region is the need for an efficient public transportation system that allows residents to commute without relying exclusively on private cars. Experiences from other cities in the regionhave demonstrated that well-planned transportation systems can reduce traffic congestion and make cities more accessible. In this regard, the association is exploring alternatives to improve connectivity within the area and with Asunción. One potential solution is implementing transportation models similar to those successfully used in Pilar, Argentina, where a combination of public and private investment transformed a weekend home area into a vibrant urban hub featuring universities, shopping centers, and office spaces. Real estate appreciation is another direct effect of the orderly growth in the region. In recent years, land prices in Luque, Limpio, and Mariano Roque Alonso have risen significantly due to increased demand for housing and commercial spaces. This trend signals strong and sustained investor interest in the region but also underscores the need to ensure sustainable development. The vision of the Distrito Norte Association is not to limit real estate growthbut to integrate diverse housing types and service options, making quality living conditions accessible to more people. Establishing the area as a development hub requires parallel investments in education, healthcare, and recreational spaces. Planning must take into account the proximity of residential areas to essential services to prevent residents from having to travel long distances for education, healthcare, or employment. In this regard, the presence of schools, universities, and healthcare centers within Distrito Norte’s area of influence is critical to ensuring that urban growth translates into a fully functional and self-sufficient community. From an environmental perspective, development in the area must be accompanied by measures to preserve natural resources and enhance environmental quality. One priority issue is the restoration of the Ytay Stream, a project that would benefit both real estate developments and the broader community. Water contamination is a recurring problem in uncontrolled urban expansion areas, and Distrito Norte seeks to prevent this from happening by implementing an environmental management plan that includes proper wastewater treatment and green space conservation. Sustainability is a core element in the association’s planning, ensuring that growth does not compromise environmental quality or long-term livability. Distrito Norte is, in essence, a commitment to intelligent planning and collaboration between the private and public sectors. The demand for housing, services, and job opportunities in the northern area of the Central Department is already a reality, and the key is to manage this growth in a structured way to avoid the issues that have hindered development in other cities. This association was created with the mission of coordinating efforts and ensuring that investments in the area result in tangible improvements in infrastructure, mobility, environment, and quality of life. The vision is clear: to build a modern, efficient, and sustainable urban model where the community can grow with a balance between economic development and social well-being.

In the picturesque city of San Bernardino, a new real estate development is emerging that redefines the concept of home. Barrio Pindó, a jewel of 9.5 hectares of lush green areas, is presented as the perfect space where natural harmony becomes the protagonist of unforgettable moments. This development not only offers comfort and warmth, but also represents a true home for everyone, everyone. The name "Pindo" goes beyond words; embraces the deep symbology of the "Pindo" palm tree, a species native to the region. This choice connects the development with the community, transmitting a serene and tropical atmosphere. The narrative of trust between host and guests is manifested with the implicit invitation: "Come here, under the Pindó." Barrio Pindó offers a perfect fusion between natural settings, comfort and security for your family. Security is a top priority, with 24/7 surveillance at the main entrance to the gated community, ensuring constant tranquility at all times. The access porch, guarded by specialized personnel, reflects the guarantee of tranquility and privacy that the neighborhood offers. Barrio Pindó has been designed to satisfy the tastes and needs of each member of the family. The little ones can explore the joy in the parks specially designed for them, while the versatility of the multi-use court provides sports and recreational options for everyone. For those looking to stay active, the fully equipped gym is the answer, while unforgettable family moments can take place in the barbecue area with barbecue. The air-conditioned function room offers a welcoming space to celebrate special occasions, and the pool provides a refreshing oasis where you can enjoy moments in the sun with friends and family. In Barrio Pindó, the amenities are designed to embrace the diversity of tastes, thus creating an environment where each resident can find their perfect corner of happiness and recreation. With 91 lots available, Barrio Pindó offers land from 700m2 with affordable installments from 330 USD and own financing of up to 60 months. This development is presented as the best option in Sanber in terms of price, quality and payment methods. Barrio Pindó is developed by AV Desarrollo Inmobiliaria, known for planning developments in strategic locations with high potential. The company has stood out with previous projects such as MIO HOME , MIO YCUA SATI , Altos de Concordia and Edificio Margarita For further information and inquiries, the development is marketed by KW Las Lomas. You can contact them at the following link . Barrio Pindó is more than a real estate development; It is the materialization of a harmonious and natural lifestyle that awaits those who wish to build their homes in a serene and welcoming environment.

The real estate market in Paraguay is experiencing significant expansion, establishing itself as one of the key sectors driving the country’s economic development. According to a recent report by Statista, the total value of the real estate market is expected to reach $194.42 billion in 2025, representing an increase of $6.39 billion compared to 2024. This growth is primarily driven by the dynamism of the residential market, although the commercial sector is also showing solid performance. Residential Sector: The Growth Engine The residential segment overwhelmingly dominates Paraguay's real estate market, with a projected value of $155.8 billion in 2025, an increase of $5.8 billion from the previous year. This growth reflects sustained demand for housing, both for purchase and rental, driven by factors such as increasing urbanization and the need for affordable housing solutions. In terms of transactions, a significant rise in the number of residential properties sold is expected, reaching 12,170 transactions in 2025 , compared to 11,090 recorded in 2024 . Additionally, the average transaction value is set to rise to $97,870 , marking an increase of $2,390 from the previous year. This increase not only reflects rising property values but also a shift in consumer preferences toward higher-quality housing. Growth in Residential Rentals The rental market is also performing well. Total rental income is projected to reach $4.69 billion in 2025, surpassing the $4.42 billion recorded in 2024 . This growth is spread across both house and apartment rentals, with significant participation in both segments. The number of rented houses will reach 381,500 properties , generating $3.91 billion in income, while apartments will account for 151,600 leased units , generating $780 million . Additionally, the average rental income per house will increase to $10,240 per property , while apartment rentals will rise to $5,170 , reflecting an increase of $450 and $230 , respectively. Changes in Homeownership The Paraguayan market is experiencing a gradual shift in ownership and rental dynamics. By 2025, it is projected that 36.8% of households will be rented , marking a steady 0.1% annual increase since 2021 . Meanwhile, the percentage of owned homes will slightly decline to 63.2% , following the same annual trend. This shift toward rentals reflects not only changing consumer preferences but also the impact of urbanization and the younger generation’s desire for flexibility. Urban areas, in particular, have seen a notable increase in rental demand, driven by migration from rural areas in search of better economic opportunities. The Commercial Market: A Complementary Pillar While the residential sector leads the market, the commercial real estate segment also plays a crucial role. By 2025, the commercial real estate market is expected to be valued at $38.62 billion , with an increase of $590 million compared to 2024. This growth is linked to rising investments in infrastructure, office spaces, and commercial establishments, particularly in the country’s main cities. Long-Term Projections and Investment Opportunities Looking ahead, Paraguay’s real estate market is projected to grow at a compound annual growth rate (CAGR) of 3.15% from 2024 to 2029 , reaching an estimated value of $219.7 billion by 2029. Within this outlook, the apartment rental segment stands out for its dynamism, with a CAGR of 5.34% during the same period, bringing the market volume to $960 million . This sustained growth is driven by multiple factors, including the country’s political stability, a favorable economic environment, and a growing young population. Additionally, the increasing popularity of real estate investment trusts (REITs) is attracting both local and international investors. Key Factors in Market Development The development of Paraguay’s real estate market can be attributed to a combination of macroeconomic factors and consumer trends: Consumer Preferences : There is a growing demand for affordable housing, particularly among urban middle-class households. This has led to an increase in residential property transactions, especially in metropolitan areas. Urbanization : Migration to cities like Asunción has generated higher demand for housing in urban areas. Foreign Investments : Paraguay offers an attractive environment for international investors due to its economic and political stability. Economic Growth : Rising disposable income and low interest rates have facilitated access to housing financing. Paraguay’s real estate market is in a phase of sustained expansion, with robust growth in both residential and commercial segments. This dynamism not only benefits investors but also meets the housing needs of a growing and urbanizing population. With promising prospects for the coming years, Paraguay’s real estate sector is positioned as a fundamental pillar of the country's economic development. Source: Statista.

Gómez Platero Arquitectura y Urbanismo was founded in 2002 under the leadership of its current CEO, Martín Gomez Platero, during a challenging economic crisis that deeply affected the construction industry in Uruguay. From an early age, Martín cultivated a passion for architecture, influenced by his father, Guillermo, who was also an architect. This family legacy instilled the values that continue to guide the firm today. With a strong academic background and a postgraduate degree in administration from the University of Berkeley, Martín developed a strategy focused on differentiation and quality, positioning the firm to offer world-class architectural services from Uruguay to the international stage. Riverside, ubicado en El Delta, Nueva Asunción Since its inception, Gómez Platero has continuously evolved, transitioning from a local studio to an internationally recognized architectural firm with a presence in 13 countries and 42 cities. This transformation has been driven by teamwork, optimizing the management of complex projects through a collaborative approach. The firm’s “glocal” philosophy combines a global vision with a local approach, allowing it to integrate cutting-edge design, technology, and materials while respecting the unique characteristics of each environment. This balance has positioned Gómez Platero as a leader in exporting architectural services. The firm’s architectural philosophy is centered on creating projects that enhance collective well-being, striving for a balance between the interests of developers, users, and the city. This commitment includes respecting the physical, cultural, and social environment, repurposing existing buildings, and designing public spaces that foster social integration and a connection with nature. Gómez Platero prioritizes human-centered design, promoting inclusion and a sense of community in every project. Proyecto Link Aviadores, Asunción The firm’s most iconic projects are distinguished by their harmonious integration with the natural and urban environment, as well as user-centered innovation. Notable examples include Nuevocentro, a mixed-use development in Montevideo, and Tres Cruces, the first transport terminal with a shopping mall in Latin America. In the education sector, Moorlands School stands out for its innovative Mass Timber design, a sustainable material that is being used for the first time in Uruguayan educational architecture. Sustainability is a core pillar of Gómez Platero, extending beyond construction to encompass a holistic commitment to the environment, biodiversity, and people. The firm is dedicated to restoring a human scale to cities, creating high-quality public spaces, and fostering biodiversity as essential elements in building resilient and sustainable communities. The +Colonia project, for instance, blends residential, commercial, and cultural spaces while honoring Colonia del Sacramento’s colonial architectural heritage, integrating contemporary and sustainable solutions. The relationship between aesthetics and functionality is another key principle for Gómez Platero, ensuring that each project is both visually striking and functionally efficient. This balance is integrated from the conceptual stage, guaranteeing that design decisionsaddress both practical and emotional needs. The firm has consistently demonstrated its ability to adapt and lead in a constantly evolving industry, reaffirming its commitment to conscious and sustainable design. Each Gómez Platero project represents a unique challenge and an opportunity for learning. The Guayaquil Terminal in Ecuador was a milestone that positioned the firm on the international stage, showcasing Uruguayan talent at the highest global standards. Another outstanding example is the World Memorial to the Pandemic, a space dedicated to honoring life and nature, which has received international recognition, including awards from the International Architecture Awards. In the Latin American context, Gómez Platero has played a key role in Paraguay’s urban transformation, standing out for its innovative approach and commitment to sustainable development. The firm established its presence in Paraguay through a collaboration with CodasVuyk, a local real estate developer with over 40 years of experience in the market. This partnership led to a series of preliminary projects along Aviadores del Chaco Avenue, including iconic developments such as Ciudad Jardín, the Hilton Hotel, and Link Aviadores. In 2018, Torre Miranda became a reality—a residential building strategically located in one of Asunción’s fastest-growing real estate zones. This project marked a significant milestone for the firm as its first completed development in Paraguay. In addition to Torre Miranda, Gómez Platero designed a master plan for an area near the Paraguay River, which later gave rise to Riverside, a major development currently under construction. Other notable projects include Salaskin, a residential development that maximizes the value of its immediate surroundings, distinguished by a high-quality landscape setting. The firm is also leading early-stage initiatives in the World Trade Center area and other strategic locations across Asunción, reinforcing its commitment to urban revitalization. Among its projects, Riverside stands out as one of the firm’s most iconic developments in Paraguay. This urban master plan, located along the Paraguay River, integrates green spaces, pedestrian walkways, and central lagoons, creating a harmonious balance between nature and urban infrastructure. It serves as a catalyst for future developments in the region, especially with the inauguration of the Héroes del Chaco Bridge in March 2024, which significantly enhances connectivity between Asunción and the Western Region. Paraguay’s economic landscape, strengthened by its recent investment-grade credit rating, has increased its appeal to international funds, facilitating access to financing for large-scale projects. In this evolving context, Gómez Platero continues to solidify its role as a key player in the transformation of Paraguay’s urban and architectural landscape. Riverside, ubicado en El Delta, Nueva Asunción The evolution of architecture in Paraguay also reflects a growing interest in mixed-use projects, which stimulate the local economy and promote social inclusion. With its international expertise and “glocal” vision, Gómez Platero has successfully integrated global trendswith the specific needs of the Paraguayan market, establishing itself as a leading reference in the region. With over two decades of experience, the firm has become a benchmark for architectural quality and sustainable urbanism in Paraguay and beyond. From its beginnings in Uruguay to its international expansion, Gómez Platero has combined innovation, cultural sensitivity, and technical excellence to create projects that transform communities and enhance quality of life. In Paraguay, its landmark developments, such as Torre Miranda and Riverside, serve as prime examples of the positive impact architecture can have on urban growth. Guided by a human-centered and environmentally conscious philosophy, the firm continues to pave the way for a more integrated and sustainable future. To get in touch with Gómez Platero, please fill out the following form:

Yesterday marked the launch of Midtown Las Mercedes, a building set to redefine the concept of urban living in Paraguay's capital. Located at Sociedad 1210 Street in the Las Mercedes neighborhood, this development combines design, spaciousness, and functionality, positioning itself as an innovative proposal in the real estate sector. The Las Mercedes neighborhood has become one of the city's most attractive residential hubs. Its strategic location provides easy access to major urban centers, Asunción’s historic downtown, prestigious schools, shopping areas, essential services, and a vibrant selection of dining and nightlife options. These features make Las Mercedes an ideal choice for those seeking quality of life, diversity, and convenience. Midtown will feature seven floors of apartments designed to suit different lifestyles. Options will include one, two, and three-bedroom units, with an innovative addition: "one-and-a-half-bedroom" apartments. This concept introduces an extra space that residents can use as needed, whether as an office, entertainment area, or storage space. The largest apartments, featuring three bedrooms, will include the penthouse, regarded as the building’s crown jewel. Unit sizes range from 63 square meters for one-bedroom apartments, 75 square meters for one-and-a-half-bedroom units, 110 square meters for two-and-a-half-bedroom units, and 140 square meters for three-bedroom units. Launch prices start at $95,000, offering an excellent balance of quality, design, and location. Spaciousness is one of the most notable features of the project. This approach extends not only to the apartments but also to the common areas and parking spaces. The latter measure 3 meters by 5.50 meters, significantly exceeding market standards, ensuring comfort and ease of use for residents. Every detail in the design reflects the intention to offer generous and functional spaces, a rare attribute in today’s real estate market. Midtown Las Mercedes also stands out for the quality and variety of its amenities, designed as extensions of each apartment. These include a pool for daily relaxation and refreshment, a solarium area perfect for enjoying sunny days, a spacious multi-purpose room equipped with a grill for social events, and a gym designed to promote a healthy and balanced lifestyle. Additionally, all apartments feature large balconies with private grills, a guest bathroom, and layouts that prioritize functionality and comfort. The architectural design is led by Christian Gould of Gould Arquitectura, known for his unique approach that utilizes natural materials such as marble, travertine, stainless steel, and exposed concrete. According to Gould, the aim is to create an authentic and sophisticated design that stands apart from any other proposal in the market. This minimalist and modern approach reflects a design philosophy that celebrates simplicity and authenticity while offering high aesthetic value. In terms of financing, Midtown Las Mercedes offers flexible options tailored to buyers' needs. Interested parties can choose self-financing for up to eight years or access bank financing through a strategic alliance with Ueno Bank, which offers exclusive benefits. Additionally, during the construction phase, units can be purchased with an initial down payment of 20% and interest-free installments. Construction of the project is scheduled to begin in early 2025, with an estimated duration of 20 months. This timeline projects the delivery of units in the third quarter of 2026, marking a significant milestone in the city’s development. The Midtown Las Mercedes project is backed by prominent players in the real estate sector, who have joined forces to bring this ambitious proposal to life. RD Investments, under the visionary leadership of the Rolón Domínguez family, stands as the primary investor and developer of this innovative building. This relatively new company in the real estate industry has identified a unique opportunity in Paraguay’s growing market, especially in Asunción, which is undergoing an urban development boom. Midtown Las Mercedes represents the first step in RD Investments' long-term strategy to establish itself as a benchmark in the sector. In addition to RD Investments, Gao Desarrollos Inmobiliarios plays a crucial role in the conceptualization and execution of the project. Established in 2016, this company has evolved from developing gated communities and affordable housing to more sophisticated projects in Asunción, with a total of six buildings already completed. Their expertise in designing residential and commercial solutions, along with their commitment to innovation and technology, adds significant value to the development of Midtown Las Mercedes. For the construction phase, S3 Constructora is responsible for bringing the project's vision to life, ensuring high-quality standards at every stage of the construction process. Renowned for its focus on trust, flexibility, and personalized consulting, S3 Constructora is dedicated to ensuring that every detail of the building reflects the excellence and functionality future residents expect. Their experience in constructing landmark projects supports the promise that Midtown Las Mercedes will be a true gem in Asunción’s urban landscape. The launch of Midtown Las Mercedes represents much more than just the construction of a building. It is an investment in Asunción’s future, providing a place where families and professionals can grow and create a home. With a privileged location, innovative design, and top-tier amenities, this project redefines the concept of housing in Paraguay, becoming a symbol for those seeking quality, spaciousness, and authenticity in their lifestyle. For more information about this exclusive project, interested parties can contact Leticia De Gásperi, real estate advisor for C21 Paraguay Wilson-Chihan, who is exclusively handling the sales of Midtown Las Mercedes. She can be reached at +595 981 910640 for inquiries and additional details.

The Costanera of Asunción is undergoing a historic transformation, with a series of emblematic projects promising to make it a key economic, cultural, and tourist hub for the region. From strategic land auctions to the creation of an innovative museum, the revitalization of the historic port, and the proposal of a national stadium, these developments aim to position the Costanera as one of the most significant locations in Paraguay. December 18 will be a key date as the Municipality of Asunción, under the leadership of Mayor Óscar Rodríguez, will hold an auction for two lots in the Costanera Norte, approved by the Municipal Council on November 21. In total, six hectares will be divided into two lots: one of four hectares and another of two. The starting price has been set at 28 billion guaraníes per hectare, a value reflecting the current potential of the real estate market in this strategic area. The goal of the auction is to attract both national and international investors interested in developing gastronomic, entertainment, and residential proposals. This plan is inspired by the success of Puerto Madero in Buenos Aires, which transformed from an abandoned port into one of the most valued neighborhoods in the Argentine capital thanks to private investment. With a regulatory framework established in 2019, the auctioned lands are authorized for leisure and real estate development activities, enhancing their appeal for high-impact projects. The auction will follow an ascending bid mechanism, ensuring that the investor with the highest offer secures the property. In addition to the auction, the Costanera will become home to the Museum of Science and Technology of Asunción (MuCi), a project set to revolutionize the country’s cultural and educational offerings. Covering an area of 14,000 square meters, the MuCi will feature a state-of-the-art spherical planetarium, several interactive exhibition halls, a scientific library, laboratories, elevated gardens, recreational spaces, a park, and a restaurant overlooking Asunción Bay. The construction of the museum, with an estimated investment of $20 million, will be largely financed by the Peery Foundation from the United States. The planetarium will be the centerpiece of the MuCi, featuring an 18-meter diameter sphere with advanced immersive technology. This space will allow the public to embark on virtual journeys through the universe, explore galaxies, and observe astronomical phenomena in real time. Additionally, the planetarium will have the capability to project IMAX films and live events, such as concerts and sports competitions, making it a multifunctional space unique in South America. Another significant milestone in the development of the Costanera is the revitalization of the Port of Asunción. This historic site, which has been vital for commerce and river transport in the country since 1907, will be transformed into a gastronomic and cultural hub. The project includes the remodeling of four warehouses, which will house a Gastronomic Market with 32 establishments, an event center called "El Gran Galpón" with a capacity for 5,000 people, and a high-end Sport Bar for 1,000 guests. The plan also includes services such as gyms, hair salons, pharmacies, and currency exchange offices, turning the port into a comprehensive space for both residents and tourists. According to current timelines, the Port of Asunción is expected to be operational by the end of 2025, marking a new chapter in the history of this iconic site. Finally, the Paraguayan Football Association (APF) has proposed a project to build a national stadium in the Costanera Norte, with an eye on the 2030 FIFA World Cup. This stadium, with a capacity of 47,000 spectators, will be designed with inspiration from the ñandutí embroidery, a symbol of Paraguayan tradition. The construction, expected to be completed by 2028, would provide a significant boost to the country's sports infrastructure and establish the Costanera as a highly relevant multifunctional space. The project is still under review, but if approved, it would represent a major development for the area. With all these projects underway, the Costanera of Asunción promises to become the epicenter of modernization in the capital, blending tradition and innovation to offer an attractive and dynamic environment. The city is moving toward a promising future, where this iconic space will be synonymous with progress and development.

Sunset Village is an exclusive gated community that redefines the concept of integrated living in Nueva Asunción. Strategically located on Route D075 and just 1,000 meters from the Héroes del Chaco bridge, this development combines nature, security and a modern lifestyle, designed so that its residents can enjoy all the comforts without having to leave the complex. Spanning over 5 hectares, Sunset Village offers 191 carefully designed lots, averaging 180 square meters, with larger options for those looking to build larger properties. Future residents have the possibility of acquiring lots with or without construction, with the option of five types of homes ranging from one bedroom to three bedrooms, adapting to the particular needs of each client. The project incorporates a wide variety of essential services, such as a supermarket, pharmacies and commercial premises, which allow residents to meet their daily needs within the complex. These facilities not only offer convenience, but also reinforce the security of the gated community, guaranteeing a harmonious and practical life. Sunset Village's design includes unique amenities that promote a family-friendly and social lifestyle. Residents will be able to enjoy a fully equipped gym, a game room, a social lounge, and various sports courts, including a multi-sport court and a paddle court. In addition, there will be a large swimming pool and a cafeteria within the complex, which will become an ideal space for social gatherings and moments of leisure. The supermarket, located on the road, will have exclusive access from inside the condominium, ensuring a safe and convenient experience for its residents. Sunset Village's location is another of its great attractions. Located just 10 minutes from the corporate area of Asunción and 15 minutes from the old town, it allows its residents to be close to the key points of the city. In addition, its connection to cities such as Mariano Roque Alonso and Luque, through modern expressways, facilitates quick and efficient access. This strategic location, in an area of great growth, reinforces the value of the project and positions it as one of the best residential options in the area. In terms of financing, Sunset Village stands out for its flexibility. Lots start at $49,000, while homes start at $65,000, considering only the cost of construction. Self-financing options are offered with terms of up to 60 months, as well as financing through Itaú bank, which allows payments over a period of up to 10 years. Negotiations are carried out in a personalized manner, adapting to the specific needs of each client to guarantee a satisfactory experience. The project is already underway with the earth moving, and the groundbreaking is expected to take place in January. The completion of the works is projected within a period of 24 months from the start, with a focus on construction quality and compliance with established deadlines. Developed by Empire Group and Alamo Desarrollos, Sunset Village is backed by companies with extensive experience in the Paraguayan real estate market. This is the fourth development by Empire Group in Paraguay, known for the success of its Emerald line of buildings, which has achieved full sales in three previous projects. Nueva Asunción is booming as one of the fastest growing urban areas in Paraguay. This gated community will not only contribute to the growth of the region, but will also set a new standard of living for those seeking a safe, comfortable and modern environment. For more information about Sunset Village, please call +595 0981 130140.

ULTRA Real Estate, with two months into the Paraguayan market, has already positioned itself as one of the most innovative and promising emerging real estate companies in the country. Founded by Jorge Giralt and Gustavo De Simone, the company reflects the vast experience of its partners, who have been standing out in the sector for years. Both co-founders decided to take a step towards independence and create a real estate company that integrates training, professionalism and a long-term vision. For his part, Jorge Giralt has a diverse career in multinational enterprises and in the financial sector before dedicating to the real estate field. His role as general manager in a global real estate company brought him closer to the sector, and later, after his time at a recognized franchise, he consolidated his presence in the market. Throughout his career, he has seen how the interest in real estate has grown, and with the opening of ULTRA Real Estate, he seeks to capitalize on his knowledge to lead the Paraguayan market. Gustavo De Simone began his career as a lawyer specializing in oil contracts and trusts. After several years in the legal field, his interest changed and he found an opportunity in the real estate sector in Argentina, where he joined a well-known franchise. For more than a decade, De Simone remained in the top sales rankings and gained prestige both nationally and internationally. Eventually, he decided to go independent and form his own team, and has experienced his best years in terms of growth and turnover since making that decision. The creation of ULTRA Real Estate was the result of a friendship of more than twelve years between Giralt and De Simone. They met at real estate conventions in Las Vegas, and over time, they decided to merge their experiences and knowledge to create an independent real estate company. De Simone had been traveling to Paraguay for other projects and the idea of starting a joint venture arose naturally. They both shared the vision of forming a company that would not only stand out in the market, but also offer a superior level of service and professionalism. ULTRA Real Estate stands out in the industry by having a comprehensive support structure. The company has a legal and notary team, marketing services and professional photographers, ensuring that each property listed is legally ready and has the best presentation. From drones and photography equipment to social media campaigns, ULTRA Real Estate advisors have access to all the necessary tools to carry out their work efficiently and professionally. For ULTRA Real Estate, it is not enough to simply show properties. The company is dedicated to training its advisors in the entire sales cycle, from client acquisition to final negotiation. De Simone and Giralt believe that success in the real estate sector requires constant dedication and the ability to build long-term relationships with clients. This is the philosophy they try to instill in their advisors, who are trained to be leaders and entrepreneurs rather than mere property sellers. In addition, ULTRA Real Estate offers ongoing training, inviting local and international professionals to teach workshops that strengthen the skills of its advisors. In this way, they ensure that all members of their team can adapt to the demands of a constantly changing market. ULTRA Real Estate understands that in such a competitive market, innovation is essential. The company has a dedicated marketing department, which is responsible for maintaining a strong social media presence and employing cutting-edge technology for the promotion of properties. With a focus on digitalization and the use of online platforms, Ultra Real Estate remains at the forefront of technological trends in the real estate market. ULTRA Real Estate has a clear vision for growth. Although the company is in its early stages, the founders are already considering expansion options in Paraguay and other countries. However, their priority is to strengthen the current office, building a solid foundation before opening new locations. In the future, they are evaluating the possibility of establishing franchises in other major cities in Paraguay, such as Encarnación and Ciudad del Este, and have received proposals to expand into Chile. Unlike other franchise models, Giralt and De Simone prefer to partner with entrepreneurs who share their vision, rather than selling a franchise and risking losing control over the quality of service. Their goal is to ensure that ULTRA Real Estate maintains its high standards and reputation in every location where it operates. The founders of ULTRA Real Estate anticipate several trends in the real estate market over the next five years. Growth in residential buildings and gated communities, driven by foreign investment and Paraguay's economic stability, is one of them. They also foresee an expansion in the rental sector due to the housing shortage and the development of luxury properties in areas such as Asunción, Luque and Encarnación. In addition, the rise of rural properties for agricultural production remains a strong trend, due to the role of agriculture as an economic driver. The digitalization of the real estate market and the improvement of the country's infrastructure are also factors that, according to the founders, will boost the growth of the sector. ULTRA Real Estate, with its focus on excellence and the development of long-lasting relationships, positions itself as a real estate agency that seeks not only to satisfy its clients, but also to transform the Paraguayan market with professionalism and a vision for the future. Those interested in learning more about their services or in searching for a property should contact them at +595 986 918240 , where their team will be happy to provide the best real estate advice.

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.

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. 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. 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 .