In an interview, Daniel Park, Broker Owner of REMAX BLACK, shared his inspiring career and his vision for the future of the real estate sector in Paraguay. Park began his career in real estate at the age of 18, influenced by his father's advice and a Canopy real estate diploma. Since then, he has dedicated nearly a decade to REMAX, evolving from agent to team leader and now founder of REMAX BLACK. Park explained that his true passion lies in training new agents and helping them become professional in the sector. REMAX BLACK's projection is to achieve a higher productivity rate in the market, with the goal of having 50 committed associate agents by the end of the year. Currently, the team has 32 agents and 7 staff members. This focus on professionalization and sustainable growth is a constant in Park's philosophy. REMAX BLACK began operations in January 2024 with 18 agents and four staff members. In just six months, the agency has grown to 31 agents and seven staff members. This growth has been achieved through a focus on constant training and developing agents with a high level of commitment and professionalism. REMAX BLACK's long-term vision includes opening more offices in Paraguay, standing out not only for being the best office, but for having the most professional agents in the field. Park emphasizes the importance of trust and professionalism as fundamental pillars of the brand. "I would like BLACK to be known by the most professional agents in the field, for the BLACK brand to provide trusted support to all our clients," said Park. Additionally, he hopes his contribution inspires more young people to consider a career in real estate. REMAX BLACK is currently building its new office, located in Molas López, which will have modern and comfortable facilities, designed to provide an excellent experience to both agents and clients. Park emphasizes the importance of providing a comfortable and professional work environment for his agents, outfitting the office with the best possible furniture and decorations. Regarding market trends, Park highlighted the importance of constant training for real estate agents and the need to innovate in the sector. REMAX BLACK has begun to explore new business models, such as subdivisions, that offer higher and more sustainable long-term returns compared to other products. "Today, selling certain products in the real estate sector is not a sustainable business for our investors. We are entering the subdivision business, which offers very interesting returns," commented Park. The biggest challenge, according to Park, is the lack of ongoing training for agents, which is crucial for their long-term growth. "For me, agents who constantly train are the only ones who grow," he said. In addition, he highlighted the importance of brokers and office owners investing in the training of their agents and in constant innovation to maintain competitiveness in the market. "If there is no constant training, it will be difficult for real estate companies to have sustainable growth and many will have to close," Park warned. With a focus on the right advice and building long-term relationships with clients, REMAX BLACK has managed to stand out in the market. Park emphasized that the basis of business is relationships and not transactions. "Our philosophy is that agents generate their business through relationships and not transactions. We always give our honest advice, even if it doesn't suit us in the short term," explained Park, highlighting a case in which they advised a client Don't sell your house because of the financial unviability of your plan. Regarding short- and long-term goals, Park explained that the agency seeks to expand to more areas of Paraguay through multifranchising. "We want to open more offices and expand our service in different areas of the country. We believe that the REMAX franchise offers great support in terms of the brand and we want to develop this nationally," he stated. Sustainable expansion and investment in staff are key to this growth. "For me, it is essential to have a solid foundation before growing. I am investing in the staff to pave the way for future growth," explained Park. Park also spoke about REMAX BLACK's achievements in its first six months of operation. Of the 32 current agents, many have been awarded nationally and internationally. "I highlight that, of the 18 former agents, 12 have been awarded among the top 20 in Paraguay. Although we are few in number, our agents are very productive," he commented. Park's goal for this year is for at least 50-65% of agents to be awarded, reflecting her commitment to excellence and high performance. In terms of its differentiator in the market, REMAX BLACK offers weekly training to its agents in different modules, covering negotiation, market updating and acquisition. "We bring in different international real estate coaches to train our agents. We give them follow-up and a structure so they can grow. We work a lot on the personal brand of each agent so that they stand out in the market," explained Park. This focus on training and personal development is one of REMAX BLACK's main strengths. Furthermore, Park mentioned that one of the challenges of the sector is to adjust to market demands and raise the bar in terms of professionalism. "The market demands more and more and those that do not adjust will have to reinvent themselves or they will cease to be competitive," he warned. For Park, it is crucial that real estate agents and brokers stay updated and trained in order to offer the best possible service to their clients. Finally, Park expressed his vision for the future of REMAX BLACK and the real estate sector in Paraguay. "My goal is for REMAX BLACK to be known not only for being the number one office, but for having the most professional agents. I want to contribute to the growth of the real estate industry and motivate more young people to consider a career in this sector," he concluded. With a combination of experience, vision and a strong commitment to professionalization, Daniel Park and REMAX BLACK are positioned to lead the real estate market in Paraguay for years to come.

CIVIS Soluciones Inmobiliarias is once again positioned as an innovative leader in the Paraguayan real estate market with the launch of its ninth development, Soho Flats. This project not only represents a significant advance in terms of architectural design and residential offering, but also marks a milestone in the company's sustainable development strategy. Soho Flats is distinguished by being the fourth building in the CIVIS "Flats" line, a line focused on offering modern and accessible housing solutions for a young and dynamic market. Kevin Bendlin, CEO of CIVIS Real Estate Development, highlights that each new project of the company reflects continuous learning and progressive improvement based on the receptivity of the market and the personal experience of the work team, which belongs to the same age range as its buyer. . Soho Flats is strategically located on the corner between Toribio Pacheco and San Roque González, just 200 meters away from Shopping Mariscal, in the heart of Villamorra. This privileged location not only guarantees convenient access to a wide commercial and gastronomic offer, but also offers panoramic views of the Villamorra skyline from its first floors, thanks to its elevated position on the hill. The Villamorra neighborhood is recognized for its vibrant mix of commercial and gastronomic activities. Soho Flats is strategically positioned between the corporate commercial area of Villamorra and the outstanding gastronomic ecosystem of "La Cuadrita", where some of the best restaurants in the city are concentrated. This location not only ensures convenience and accessibility for its residents, but also reflects the inspiration of the SOHO concept, characterized by its bohemian atmosphere, with cafes, offices and commercial spaces that promote a unique urban dynamic. The Soho Flats offer includes 170 residential apartments distributed in typologies ranging from studio apartments of approximately 28 square meters, to one-bedroom units of around 42 square meters and two-bedroom apartments with surfaces of 53 to 60 square meters. This variety allows the company to offer the most competitive prices per square meter in the area. Studio apartments are being launched from 42 thousand dollars, one-bedroom apartments for less than 55 thousand dollars and two-bedroom apartments for less than 69 thousand dollars. Additionally, Soho Flats provides flexible five-year financing. Options include very low and occasionally even no initial deposit. Financing is adapted to the clients' income, offering quarterly payment plans during the construction period, which is 30 months without interest. After the building is finished, the conditions are adjusted according to the client's needs, thus facilitating access to the desired apartment. One of the fundamental pillars of CIVIS Real Estate Solutions is sustainability. At Soho Flats, this commitment is manifested through various initiatives that seek to minimize environmental impact. From the selection of construction materials to the use of technologies to reduce water and energy consumption, every aspect of the project is carefully designed to meet rigorous ecological standards. The building incorporates photovoltaic electrical panels to power common areas, water aerator systems that reduce consumption in showers and sinks, and common areas with motion detection lighting to optimize the use of electricity. In addition, residents are offered the option of using electric bicycles for local travel, thus promoting a more sustainable lifestyle and reducing dependence on the car. In addition to its commitment to sustainability, Soho Flats stands out for its exclusive amenities that elevate the living experience of its residents. These include heated barbecue areas with grills and rota grill systems, common spaces with televisions and home automation controllable from a mobile application, equipped gym, laundry, luggage storage areas for daily rental and a 24-hour restaurant on the ground floor. of the building. CIVIS' value proposition extends beyond physical amenities, including initiatives such as the Civis Community, a digital platform that offers exclusive benefits for both owners and tenants. This initiative not only strengthens the sense of community within the building, but also improves the overall experience of residents through discounts on local services and establishments, rental management and access to information about the condition of their properties. Construction on Soho Flats began on June 1 and is currently more than 80% sold, demonstrating the strong demand and acceptance by the market. Regarding the duration of the work, 30 months are projected from the groundbreaking, which places the estimated completion date in December 2026. CIVIS Real Estate Solutions started 7 years ago as a startup under the direction of Kevin Bendlin, a visionary who combined his training in architecture with an MBA and postgraduate degree in Real Estate Finance to establish a new standard in Paraguayan real estate development. His career began in the automotive sector with Motorhaus, a vehicle dealership that he started with his brothers and is now a benchmark in the used supercar market. At the same time, Kevin started his architecture studio, which quickly evolved into a small construction company. His passion for real estate development was born from the need to become creatively independent from working for third parties and to create products under his own quality and design parameters. Over time, CIVIS stood out for its pioneering developments in studio apartments and for its focus on creating mixed and sustainable communities in Asunción. The construction company for the project is Codas Vuyk, one of the most prominent companies in the sector in Paraguay, with more than 40 years of experience in the market. In addition to its experience as a construction company, Codas Vuyk also stands out as a developer, which ensures a comprehensive and symbiotic collaboration with CIVIS Soluciones Inmobiliarias. Codas Vuyk has experienced a significant generational leap, moving from the first to the second generation of leadership. Currently, Codas Vuyk's executive directors are within the same age range as the CIVIS team, facilitating a natural synergy and a shared vision towards the future of real estate development in Paraguay. For those interested in learning more about Soho Flats and future CIVIS developments, further details can be obtained by contacting CIVIS Soluciones Inmobiliarias directly at +595 992 286661.

AZ Inversiones, the real estate developer with 13 years of experience in the Paraguayan market, celebrated the inauguration of the first of the two towers at España Las Mercedes, located in the traditional neighborhood of Las Mercedes. The opening ceremony of España Las Mercedes, Torre 1 was attended by company executives, clients, media and special guests. This project represents the ninth successful development of AZ Inversiones and the first in the Las Mercedes neighborhood, standing out for its combination of luxury and functionality. The building, located in General Santos almost España, offers a variety of luxury amenities for the whole family, including coworking rooms, two receptions, a terrace with a pool, a heated barbecue area, gym and games area. Its strategic location, close to clubs, schools, shopping centers and hospitals, makes it an attractive option both to live and to invest. With 16 levels and 197 residential apartments, the first tower reflects AZ Inversiones' vision of creating a spacious, comfortable project with an innovative design. Despite the challenges imposed by the pandemic, the work was completed on time, demonstrating the company's capacity for adaptation and resilience. Additionally, each apartment has been meticulously designed to offer maximum comfort and functionality, using high-quality materials and luxury finishes that ensure an exceptional living experience. The project consists of two stages, the first having been completed with the inauguration of this tower. The second stage, corresponding to Tower 2, is expected to be completed in a period of 18 to 20 months. Tower 1 is already more than 90% sold, while Tower 2, which is beginning construction, has more than 50% of the units sold. Buyers have shown great interest due to the combination of luxury, location and payment facilities offered by the company. The Las Mercedes neighborhood is considered unique for those who want to invest or live there, since it is a traditional and consolidated neighborhood in Asunción. Its privileged location offers proximity to shopping areas, the city center and the waterfront. In addition, it has important schools and health centers, making this neighborhood a very attractive option. Las Mercedes is not only a central location, but also a quiet and safe area, ideal for families and professionals looking for comfort and quality of life. The total development will cover 25 thousand square meters, with 200 apartments distributed in the two towers. The towers will have two infinity pools, gyms, event rooms, 24-hour security and garages for all apartments, thus raising the quality of life of residents. The common areas are designed to foster a sense of community among residents, with green spaces and recreational areas that invite recreation and social interaction. AZ Inversiones celebrates 13 years in Paraguay, specializing in developing projects adapted to the needs of the current market. The company offers two plans: DueñoSoy, with installment prices for two- or three-bedroom units, and Inversoy, with benefits for Paraguayan and foreign investors. The projects are aimed at the final consumer, with payment facilities and agreements with banks. AZ Inversiones has stood out for its commitment to quality and innovation, always seeking to exceed the expectations of its clients. Currently, AZ Inversiones is developing the Germany Sajonia project, which promises to be another milestone in the Asunción real estate market. This project, located in the Sajonia neighborhood, seeks to replicate the success of España Las Mercedes, offering a combination of luxury, comfort and innovative design. In addition, the company will soon start Zenith Colombia, a mixed-use development that is projected as a reference in architecture. AZ Inversiones remains firm in its mission to offer high-quality housing solutions, adapting to market trends and the needs of its clients. With each new project, the company reaffirms its commitment to sustainable development and the creation of vibrant, well-integrated communities. AZ Inversiones' vision is to continue being a leader in the Paraguayan real estate market, offering projects that not only meet the highest quality standards, but also contribute to the well-being and happiness of its residents. For more information about España Las Mercedes, you can contact AZ Inversiones at +595 982 971 000.

In the heart of the traditional Boquerón 1 neighborhood, Lofty Co-Living is positioned as an innovative project that will transform the urban lifestyle. This smart building, designed for university students, temporary residents and executives, not only offers comfort and modernity, but also a safe and profitable investment opportunity. With 64 modular units of 22 and 33 square meters, Lofty Co-Living stands out for its unique and striking design. The apartments come fully equipped, with kitchenettes, closets, refrigerators, beds and bathrooms. The smaller units have a bed, while the larger ones offer more living space, allowing for comfortable and functional living. In addition to its living spaces, Lofty Co-Living offers a series of amenities designed for modern urban living. Residents will enjoy 24-hour security, an all-day exercise room, as well as study and coworking rooms. Also included is a pay-per-use laundry room, three rooftop grills, and high-fidelity Wi-Fi throughout the building. Bicycle lovers will have dedicated parking, and those looking to relax will have access to a yoga and relaxation room. For greater convenience, the building has preferential spaces for services such as Uber and Bolt, as well as CCTV in all common areas and electronic access controls. An integrated cafeteria and garages for 15 vehicles complete this service offering. Lofty Co-Living is not only attractive to residents, but also to investors. It offers long-term rental contracts that ensure a stable return without worries about occupancy or additional costs. Lofty's comprehensive management takes care of all commercial aspects, guaranteeing a fixed net income and offering predictability and peace of mind to investors. The location of Lofty Co-Living in the Boquerón 1 neighborhood is strategic. Located steps from Lake of the Republic, the building is surrounded by universities, gastronomic areas, bars, convenience stores, pharmacies and green spaces. Nearby educational institutions include Universidad UCP, Universidad UNADES, Universidad UNIDA and Universidad María Serrana, making this project an ideal option for both students and professionals. To facilitate the purchase, Lofty Co-Living offers self-financing options. A 20% delivery can be made with 12-month interest-free installments. Unit prices range between $31,775 and $51,437, making this project an accessible and attractive investment. Construction of Lofty Co-Living began in March 2024 and is expected to be completed by May 2025. Developed by Metrika, a young company dedicated to creating profitable and sustainable real estate businesses, Lofty Co-Living reflects the company's commitment with research and analysis as a basis for the development of their projects. Metrika is also developing the Fronterra building in Ciudad del Este, consolidating itself as a key player in the region's real estate market. For more information on how to invest in Lofty Co-Living, interested parties can visit Metrika at +595 976 266144.

Located on the corner of Cap. Juan Genaro Lafranconi and León Fragnaud - today Emigdio Ayala Báez Street - in the traditional Recoleta neighborhood, stands Aires Recoleta, an innovative residential project that promises to redefine the experience of living in the Paraguayan capital. With the premise of offering spaces with greater spaciousness and comfort, the developer Realpy seeks to differentiate itself from the rest with this proposal, focusing on attracting owners who seek and value larger spaces, an excellent location and premium level amenities, greatly improving its quality of life. Aires Recoleta is located 900 meters from Shopping Mariscal López, close enough to enjoy its benefits, but far enough to avoid noise and traffic congestion. The location allows residents to enjoy the tranquility of a traditional neighborhood without giving up urban amenities. Some points of reference are: O'Gaucho steakhouse, Colegio de las Almenas, the Mariscal neighborhood and the Club Centenario, thus offering an ideal mix of convenience and serenity. Apartment typologies include studio apartments of 34 m², one-bedroom units of 55 m² and 64 m², and two-bedroom units of 104 m². All apartments have balconies, and the one and two bedroom apartments also include a balcony with a barbecue and their own laundry room. This variety of options ensures that residents can choose the space that best suits their needs. One of the most notable aspects of Aires Recoleta is its commitment to comfort and modernity. The apartments will be equipped with home automation, including Alexa systems, touch power outlets and smart locks. In addition, laminated glass has been installed to reduce high temperatures, improve energy efficiency and reduce electricity consumption by 20%. Each unit will have generator service in all suites, an innovative feature that will guarantee the operation of air conditioning, internet and basic lights during power outages, a crucial solution in a context where these outages are frequent. Amenities include a heated event room with grill, kitchen and games area, an outdoor barbecue area, deck solarium, infinity pool, premium gym and dry sauna. The inclusion of a dry sauna, instead of a steam one, responds to ease of maintenance and greater durability. The project includes six levels of apartments, two levels of parking and a rooftop with various amenities. The work is scheduled to begin in a few weeks, with an estimated duration of 18 months and completion scheduled for the end of 2025. The developer behind the project, Realpy, differentiates itself in the market for its focus on the livability of its projects. Unlike developments that prioritize investors, Aires Recoleta is designed for those looking for a comfortable, quality home. Realpy's approach has been validated by the opinion of important real estate agencies, who have praised the level of detail and the quality of habitability of the project. This approach has been well received, with 35% of the building already sold, reflecting the demand for well-designed homes located in quiet and convenient areas. The construction company behind the project is Altea Construcciones, a Paraguayan company established in April 2013. Altea Construcciones has quickly gained experience in the construction market and now also in the real estate development sector. Its motto is "With Quality and transparency we build trust", reflecting its commitment to generating works that fully meet the specified requirements to achieve customer satisfaction. For more information about Aires Recoleta, interested parties can contact Realpy at +595 981 777622 . This project promises to be an excellent option for those looking for a comfortable, modern and well-located home in Asunción, prioritizing the habitability and well-being of its residents.

Last Saturday, May 25, Towncenter presented its new building, Towncenter Jara, and showed progress of its most recent project, Towncenter Cañada. These real estate developments are based on two essential values: strategic location to improve the quality of life, real estate appreciation, and the efficiency in the monthly costs of expenses and maintenance, ensuring the tranquility of the residents and the return on investment. "Towncenter has two premises. First, the location, so that people live comfortably and close to everything. And second, that it is economically profitable. Low maintenance cost and efficient purchasing cost, which produces a return of approximately 6 or 7% annually. Something that is not normally achieved, but we are dedicated to precisely that: making the economic part and the comfort of the people the most important thing.” - Rodolfo Daumas, Director of Rodolfo Daumas L Real Estate Developments. Towncenter Jara is located in the heart of the Jara neighborhood, on Profesor Dr. Pedro Ciancio Street, almost Brasilia. This project will have 24 apartments, both one-bedroom and studio apartments. In addition, it will offer amenities such as a gym, coworking space and a large multipurpose room, aimed at those who want to live close to everything. This development stands out for the spaciousness of its spaces, its proximity to the corporate district, and the ease of access thanks to the main avenues of Asunción, including the waterfront. With 100% occupancy in other similar projects, Towncenter Jara promises a successful future. Towncenter Jara's location offers significant advantages. Five minutes or less away is access to the Costanera, the La Costa Medical Center, the American University, the Textilia Complex, España Avenue and Artigas Avenue. In fifteen minutes you can reach the downtown area of Asunción, the Héroes del Chaco Bridge, the IPS Central, Carmelitas and the corporate district, the Parque de la Saludo and Eusebio Ayala Avenue. The studio apartments have an area of 31 m2 and the one-bedroom apartments reach 44 m2, with prices ranging between USD 46,000 and USD 70,100. Covered garages cost 13,500 USD and outdoor garages cost 12,500 USD. Own financing includes a 20% initial delivery and up to 30 installments during the work, with the possibility of paying the balance according to the client's convenience. Construction will begin in early 2025 and is expected to last approximately 12 months. On the other hand, Towncenter Cañada is located in Fernando de la Mora Zona Norte, on Cañada del Carmen street, and is distributed in three towers. Two of them are already built and 100% rented, while the third is under construction. Tower 3 will have 25 one- and two-bedroom apartments, a heated barbecue area, swimming pool, green areas and parking. Upon completion of Tower 3 in early 2025, the project will have a total of 61 apartments. The location of Towncenter Cañada is also privileged. Five minutes or less away are the La Costa Lynch Medical Center, the Royal Plaza Shopping Center, the Municipality of Asunción, Identifications, Mariscal López Avenue and Madame E. Lynch Avenue. In fifteen minutes you can reach Shopping Mariscal López, Carmelitas and the corporate axis, Shopping del Sol, Avenida Eusebio Ayala, Avenida Santa Teresa and Shopping Pinedo. One-bedroom apartments are between 43.47 m2 and 49.3 m2, while two-bedroom apartments reach 75.13 m2. Prices vary between USD 54,048 and USD 95,376, with garages from USD 9,800 to USD 15,000, covered and open-air. Own financing includes a 20% delivery and the balance in installments financed until the apartment is delivered or up to 36 months, with an annual interest of 7.9%. Both projects are developed and built by Rodolfo Daumas L Desarrollos Inmobiliarios, with 45 years of excellence in Paraguay and more than 120,000 square meters built. His experience covers real estate, commercial, port and concessionaire projects, standing out in the development of works such as Vía Alegra, Puerto Liebig, and eight branches of the Centro de Neumaticos, among others. This track record guarantees quality and professionalism in each new challenge, offering opportunities for both residents and investors. For more information about these projects, you can contact Towncenter at +595 971 220209.

Nativus, Barrio Cerrado, is presented as a flagship project, fusing comfort and sustainability in a natural and avant-garde environment. Located on the Luque-Limpio route, in the Mora Kue neighborhood of the city of Luque, this development is designed for those seeking quality of life in the metropolitan area of Asunción, offering homes with high quality services. With 19 residences from 126m² built on 188m² plots, Nativus guarantees a well-kept and comfortable environment for its residents. Each residence will have a living room, dining room, social bathroom, kitchen, master suite with dressing room and two bedrooms with a shared bathroom. In addition, the option to add a flowerbed and pool is offered according to the client's preferences. All units include barbecue area with grill. Nearby points include the Panamerican International School, Los Jardines Supermarket, Biggie Mora Cue, and the International Airport, among others. Access to the Asunción Corporate Hub is just 14 minutes away, while routes to Limpio and Luque-Sanber guarantee convenient connectivity with the city. The project services include a Club House, recreation areas and a swimming pool, as well as administration, in-person security, an app for internal management of visits and use of amenities, and a treatment plant. The start of the work is scheduled for the first days of August, with an estimated duration of 12 months, as long as weather conditions allow it. The price of the residences starts at 149,980 USD and they also offer their own financing plans, as well as the option of financing for longer terms through the Banco GNB. This ambitious project is developed by Club Design, a company that started seven years ago as Club Jardín, specialized in landscaping. Noticing the growing demand for their design and construction skills and experience, they decided to diversify their offering and create CLUB DESIGN, a new business unit specializing in architecture and construction solutions. With this evolution, they identified an opportunity to expand into real estate development. The construction will be carried out by Benítez Bittar Constructora , a company with a 34-year track record in studies, planning, development, construction and investment advice on projects in the Architecture and Engineering sector in Paraguay. Benítez Bittar Constructora leads large-scale projects and works, whether residential, corporate, industrial, logistics or civil. From the city of Asunción, the company promotes the development of the country, working with the best resources and a first-class workforce to exceed the expectations of each proposed objective. Recognized for their excellence, commitment and quality in each project, Benítez Bittar Constructora guarantees the impeccable execution of Nativus, Barrio Cerrado. For more information about Nativus, interested parties can contact +595 993 603009 . This project promises to offer a unique living experience, combining luxury, comfort and sustainability in a privileged environment in Luque.

The Paraguayan real estate market has experienced notable growth in recent years, and this would not have been possible without the contribution of the outstanding construction companies that lead the sector. With innovative projects and a focus on quality, these companies have left a significant mark on the country's architecture and urban development. Below, we present a review of the main construction companies of real estate developments in Paraguay. BENITEZ BITTAR CONSTRUCTORA Directed by Engineer Santiago Benítez Vieira, Benitez Bittar Constructora is proud of its distinguished track record of more than 30 years in studies, planning, development, construction and investment advice on architecture and engineering projects. As promoters of the country's development, they lead major projects and works in various areas. Excellence, commitment and top-notch workmanship distinguish them in the market. Among his most notable projects are Distrito Perseverancia , First Mariscal , Carmelitas Plaza and Life de Gaulle. GÓMEZ ABENTE CONSTRUCCIONES Gómez - Abente SA Construcciones was founded in May 2012 by engineers Santiago Gómez Grassi and Miguel Abente Brun, who have more than 34 years of experience in the construction field in Paraguay. The company stands out for its unmatched capacity, commitment and reliability in each of its projects. The team is made up of professionals from different generations, combining experience, talent, avant-garde and innovation. Among his most notable projects are More del Sol , Go Tower , Magna Legion , Sky Park 3 and Nostrum Trinidad . CCI CONSTRUCCIONES With its beginnings in 1990, CCI focused on industrial works and later included building works in Asunción for prominent clients in the import and industrial sector. With more than 32 years of evolution and transformation, CCI SA has adopted quality assurance systems and new services to satisfy its clients. They are proud to actively participate in the country's real estate boom, collaborating on their own and third-party projects. Among his most notable works are The Station Las Mercedes, Laurus Asunción , Sun Palace Tower , Hit Asuncion and Urban Ykua Sati. CODAS VYUK With more than 40 years of experience, CODAS VYUK is a construction company with a construction seal based on the quality, trust and guarantee they offer to their clients. His extensive experience includes civil or industrial, residential, commercial or service works throughout the country. Committed to continuous improvement, they offer a high quality and reliable service, working with a team of highly trained professionals to exceed their clients' expectations. Among his most notable projects are Vivo Boggiani , Albor Apartments , Edificio Paseo de los Teros and Vivo Costanera. TECINCI A pioneer in obtaining ISO 9001 certification in Paraguay, Tecinci has a history of 35 years and has carried out works in various areas of the country. Its environmental management system, occupational safety and quality are fundamental pillars in its work philosophy. Tecinci stands out for its participation in industrial, residential, commercial and service projects, providing customized solutions for each of its clients. Among his most relevant projects are Urban Hassler, Civis Alpha, Urban Colman, Petra Icon, Petra Tower , and Toyotoshi Corporate Offices. AGB CONSTRUCTORA With 45 years of experience and 135 works delivered, AGB Constructora has been fundamental in the development of the country. Its solid structure, accompanied by committed professionals, advisors and suppliers, allows for integrated and quality production. AGB Constructora is the first company in the country to obtain the three ISO Standards for Environmental Management System, Occupational Safety and Quality. Their commitment to continuous improvement and customer satisfaction has positioned them as one of the most prominent construction companies in the country. Among his most notable projects are The Address , New World Tower , Shopping Costanera Encarnacion, More Mariscal and Park Plaza. These construction companies, with their innovative projects and solid experience, have contributed significantly to the real estate development of Paraguay. Its commitment to quality, trust and excellence has left a lasting mark on the country's urban landscape and improved the quality of life of its inhabitants. Looking to the future, these companies continue to lead the way in the construction and real estate development sector in Paraguay.

Benítez Bittar Constructora, a family business with 34 years of experience in the construction sector in Paraguay, has established itself as a benchmark in the market thanks to its strategic vision, its focus on quality and its commitment to innovation. Founded in 1989 by engineer Santiago Benítez, the company has experienced a notable evolution since its beginnings to become a benchmark in the field of construction. Engineer Santiago Benítez, visionary and entrepreneur, founded the company with the objective of offering high-quality construction solutions and fine finishes to his clients. Since then, Benítez Bittar Constructora has stood out for its focus on excellence and its ability to adapt to market changes. One of the keys to the success of Benítez Bittar Constructora has been its ability to reinvent itself and adapt to new market trends. In 2014, the company underwent a significant transformation, coinciding with the opening of Paraguay's business sector to the world. This period marked the beginning of what is known as the second real estate boom in the country, and Benítez Bittar Constructora was at the forefront of this movement. During this period of growth and expansion, Benítez Bittar Constructora specialized in industrial and logistics real estate development, taking advantage of the tax incentives and investment opportunities that the market offered. The company became a strategic partner for international companies seeking to establish themselves in Paraguay, offering comprehensive services that included everything from choosing the land to marketing the properties. One of the keys to the company's success lies in its customer-centric approach and its ability to offer customized solutions. The so-called "BBC experience" is based on the idea that construction is just one part of a broader value chain, which includes project development, land selection and marketing. This comprehensive vision has allowed the company to generate solid and lasting relationships with its clients, based on trust and loyalty. The construction company offers preliminary project, development and executive project services, as well as construction, which is the main focus and strength of the company, along with comprehensive support to facilitate the implementation of all types of investments. In the residential field, Benítez Bittar Constructora has distinguished itself for its focus on quality and attention to detail. The company is not limited to offering high-quality homes, but is involved in the entire process, from project development to final delivery. This closeness to the client and this concern for their well-being have been fundamental to building lasting relationships and generating loyalty among clients. In addition to its focus on quality and innovation, Benítez Bittar Constructora has stood out for its ability to diversify its operations and expand into new markets. The company has carried out important projects throughout the country, from Asunción to Luque, Fernando de la Mora, and now expanding to cities such as Encarnación and Ciudad del Este. Benítez Bittar Constructora's commitment to excellence is reflected in each of its projects, from the largest to the smallest. The company prides itself on its ability to offer comprehensive solutions tailored to the needs of its clients, and its reputation in the market is a testament to its commitment to quality and customer satisfaction. With more than 350,000 square meters of work in progress and emblematic projects such as the Perseverancia District, Benitez Bittar Constructora is positioned as a key player in Paraguay's real estate panorama. The company is distinguished by its commitment to excellence, its capacity for innovation and its long-term vision. Among the notable projects in Benitez Bittar's portfolio are: in large-scale civil projects, Distrito Perseverancia , Zuba Plaza , REISA, First Mariscal and Estacionamiento La Costa; in residential areas, Aires del Laurel , Lomas Plaza, Carmelitas Plaza, Eleva by ZUBA, and the complete line of ZUBA buildings; in commercial, Manpower Building, Tecnohome, Paseo Lynch, and Skytel Building; and in logistics, Parque Logístico NSA, Abasto Norte, Medsupar, Celexx and Mercado Plus. In short, Benitez Bittar Constructora is much more than a construction company. It is a strategic partner for its clients, offering innovative and personalized solutions that go beyond expectations. With 34 years of experience in the market, the company continues to be a benchmark in the construction sector in Paraguay, and its commitment to excellence and innovation places it in a privileged position to continue growing and expanding in the future. For more information about Benitez Bittar Constructora you can visit their website benitezbittar.com.py

Last night, an architectural landmark was unveiled that promises to transform the city's skyline. Paseo 55, the tallest residential tower in Paraguay, was unveiled at a launch ceremony on Paseo La Galería. With 55 floors and an impressive height of 212 meters, Paseo 55 stands as a symbol of innovation and luxury in the Paraguayan capital. One of the most notable features of Paseo 55 is its direct and secure connection to the Paseo La Galería shopping complex. Residents of Paseo 55 will have access to a wide range of amenities, from world-class shopping to exceptional dining options, entertainment, services, offices and much more. This direct connection provides a unique lifestyle where everything you need is at your fingertips. Paseo 55 offers a variety of unit types that adapt to the needs of different lifestyles. From two-, three- and four-bedroom apartments to duplexes and penthouses, residents can choose the configuration that best suits their preferences and needs. Quality is a priority at Paseo 55, and this is reflected in the high-end finishes that awaken the senses and create a unique experience for its residents. From the living spaces to the smallest details, every aspect has been carefully designed to provide unmatched luxury. Paseo 55 is located in the center of the corporate and residential distirct of Asunción, with direct connection to Paseo La Galería. This strategic location guarantees easy access to the main areas of the city and a wide range of services and amenities. The 55th Floor of Paseo 55 houses impressive amenities, including a high-rise swimming pool, five independent barbecue areas, a yoga deck and a panoramic view from the highest point in Asunción. On the ground floor, residents can enjoy the lobby, coworking spaces, and a beauty spa. Additionally, on the 5th Floor, there is a multipurpose room and a gym. The garden on Floor 5 offers green areas, wide paths, a children's space, a family pool and an outdoor deck. Paseo 55 guarantees the safety of its residents with pedestrian, vehicular and differentiated service accesses, along with two exclusive pedestrian accesses to the Paseo La Galería complex. The building also features smart access control systems, CCTV monitoring and physical security to provide peace of mind to residents. The building offers large and comfortable parking spaces, with more than 600 spaces available, including more than 30 covered parking spaces for visitors. In addition, it has a charging station for electric vehicles and a vehicle washing station. Services such as a 24-hour concierge, changing rooms with lockers for service personnel, and a waiting room for drivers ensure the comfort and well-being of residents. The building has high-quality basic services, such as a water supply backed by its own well, electricity supply with 100% generator set coverage and fire protection systems with sprinklers and electronic detection. In addition, five high-speed elevators ensure efficient connectivity throughout the building, with Wi-Fi available in common areas and the infrastructure for telephone signal repeaters. Behind Paseo 55 is Blue Tower Ventures Paraguay, part of Guatemala's ONYX group, which began operations in Paraguay in 2013. This group is known for being an innovator in the development of Asunción's new skyline and is proud to build the complexes most modern and innovative in the country. Paseo 55 has assembled a team of internationally renowned designers and consultants to ensure excellence in every detail. The architectural project was carried out by SIX ARCHITECTS from Guatemala, while STO Análise e Solucões Estruturais from Brazil was in charge of the structural analysis and aerodynamics. Sismoconsult from Guatemala was in charge of the structural project, and NOVA Fluid Mechanics from England contributed with the wind study. The air conditioning and mechanical ventilation design was carried out by DATUM of Brazil, and the fire prevention and fighting project was carried out by LUME of Paraguay. Regarding the interior design, Luciana Almeida Arquitetura e Interiores from Brazil and aquino + by cesar aquino from Paraguay contributed their experience, while Pokorny Valencia Arquitectura del landscape from Guatemala was in charge of the landscaping project. Work on Paseo 55 will begin in April 2024, with delivery of the first units expected to take place in the first half of 2028. For more information about this exciting project, you can contact +595 981811800. Paseo 55 is destined to become an icon of Paraguayan architecture, offering an unparalleled living experience for its lucky residents. Its innovative design, its connection to Paseo La Galería and its exceptional amenities promise to raise the standard of luxury in Asunción. This is a new milestone in Paraguay's real estate development that all lovers of architecture and luxury living will not want to miss. With Paseo 55, Asunción's skyline has reached new heights, and its legacy will endure for generations.

Located in the old access to San Bernardino, a few kilometers from the Paraguayan capital, Asunción, the Highlands real estate project stands as an architectural jewel that promises to redefine the concept of luxury, nature, sports, and comfort in an unparalleled environment. Highlands is distinguished by the perfect synergy it achieves between the exuberant nature of the place and the magnificence of the art and sculptures that define its identity. One of the most notable aspects of the project is the presence of an artificial lagoon developed with Crystal Lagoons® technology, with a beach. This oasis will be the setting for 469 lots, 75 townhouses and will cover a total of 90 hectares. The facade and views of Highlands have been carefully designed to present an interesting duality. The facades that surround the beach have a light and subtle design, which seeks to merge with the natural environment, creating a serene and peaceful experience. In contrast, the exterior facades exhibit more corporeal volumes that reflect the expression of modern architecture. The landscaping surrounding the Highlands is an integral part of its appeal, designed to enhance the biodiversity of the area and create spaces that invite connection with nature. Native and complementary plants, such as gardenias, lilies, jasmines and Bismarck palms, have been used to stimulate all of the residents' senses. The lagoon with Crystal Lagoons® technology is one of the main attractions of the project, standing out as the lagoon with the largest beach area in the world, with 27,838 m2 of water and 21,637 m2 of sand surrounding 100% of the lagoon. This provides a natural look with no white edges and an idyllic space to relax and enjoy the surroundings. The homes that will be built on the lots overlooking the beach or on the condominium blocks will maintain architectural coherence throughout the entire development. The Highlands Club House brings together top-notch amenities, including a beach bar, fitness center, grilling area and a children's play area. The project is developed in two stages. The first stage focuses on the construction of the residential area of the lots, townhouses and the lagoon. The lots range in size from 421 to 1,210 square meters, with prices ranging from $37,047 to $302,558. In addition, modern design townhouses are offered that will be delivered completely built, steps from the lagoon, with prices starting at $179,850. The second stage of the project includes the marketing of macrolots for the construction of six avant-garde design apartment buildings with privileged views of the lagoon. During this phase, the addition of a shopping and dining promenade is also planned, as well as an independent boutique hotel overlooking the lagoon and its own beach, all designed to offer an exceptional level of safety and comfort. The project began construction in October 2023, and the first stage is expected to be completed in January 2026. Highlands is developed by Petrohué Real Estate, a real estate company led by Chilean engineer Martín Tampe, with a successful 13-year track record in Chile and Paraguay. The architectural design is carried out by the prestigious Gould Architecture studio, directed by the renowned architect Cristian Gould. For more information and questions, contact Commercial Director Rodrigo Alvarenga at +595 981008050 of Century 21 Experience.

In Paraguay's dynamic real estate scene, the luxury residential market has undergone a significant transformation in recent years, with a special focus on apartments and residences. In an interview with David Rodríguez Moreira, CEO of Paraguay Sotheby's International Realty, we explore the trends, developments and challenges that characterize this thriving sector. Luxury Apartments in Asunción When we address the topic of luxury apartments in Asunción, Rodríguez highlights the notable evolution that this market has experienced in the last seven years. He points out that the substantial increase in apartments aimed at the luxury segment has been evident, with varied proposals. Jade Park, for example, is distinguished by its spacious grounds and an impressive array of amenities. With three residential towers offering two, three and four-bedroom units, it is located in a residential neighborhood, providing an exclusive living experience. On the other hand, the residential building Eminent offers apartments furnished by Armani in the new corporate district of the city, attracting clients, which is distinguished by its European style and high-end amenities. The apartment market reflects a transition in the preference of Paraguayans towards this type of housing. Rodríguez highlights that those who opt for apartments tend to be people in a different stage of their lives, such as couples whose children have entered university abroad. Convenience, security and lower maintenance burden are determining factors in this transition towards apartments smaller than a house, but luxurious. Variety in Apartment Proposals The variety of proposals in the apartment market is evident in developments such as Carmen Dora, which offers spacious 380 square meters, and Casa Vista, with lockable apartments of up to 500 square meters. Flexibility in options, both in size and location, allows buyers to tailor their choices to their specific needs and preferences. Apartments offer benefits that go beyond living space, such as distributing maintenance costs for common areas. This feature, together with safety and practicality, contributes to a high quality of life in urban environments. Furthermore, the appreciation of Asunción's panoramic view and its lush green surroundings has led to increased demand for luxury apartments. Luxury Residences and the Diversity of Demand When addressing the luxury residence segment, Rodríguez highlights the diversity in demand, classifying them into different price ranges. Residences ranging from USD 500,000 to USD 1,000,000 are particularly sought after, with buyers seeking modern style, spacious patios and locations in traditional neighborhoods such as Ycua Satí, Santo Domingo, San Jorge, Manorá, Las Lomas and Mburukuya. As the price increases, demand decreases slightly, and buyers in the $1,000,000 to $1,500,000 range tend to purchase land and build their own homes. Gated Neighborhoods: Growing Trend The interview reveals that gated communities have experienced rapid acceptance in the luxury market in Paraguay. Security and internal infrastructure, which often exceeds public availability, are key factors in its success. These developments offer artificial lagoons, outdoor gyms, event halls, restaurants and more, creating an exclusive lifestyle. Luxury in Other Regions of Paraguay The interview with Rodríguez also highlights the rise of the luxury market in other regions of Paraguay, such as Alto Paraná, where Ciudad del Este and Hernandarias are notable for developments such as the Parana Country Club and Costa del Lago. Likewise, Encarnación has experienced significant growth, driven by investments, tourism infrastructure, and the migration of Argentines during the pandemic. Santa Rita, with its agri-livestock focus and thriving farming community, has emerged as a locally strong residential market. Although the market is smaller in size, Santa Rita stands out for having the highest domestic product per capita in the country, driven by agricultural activity. Rodríguez also mentions the emergence of new areas, such as Nueva Asunción, promoted by the new Heroes del Chaco bridge. This area is expected to develop further in the coming years, with the addition of schools, shopping centers and more. Challenges and Opportunities in the Luxury Market As for the challenges, Rodríguez points out a lack of supply in the range of 500,000 to 1,000,000 dollars for modern residential houses in good condition. This gap between demand and supply presents an opportunity for developers and sellers who can meet the expectations of a growing market. In recent years, the local market has experienced an increase in the offering of architectural services and designs, with new architects graduating every year and local suppliers importing high-quality materials. This has led to greater diversification in terms of architectural styles and proposals. Conclusions and Future Perspectives The interview with David Rodríguez Moreira offers a comprehensive vision of the luxury market in Paraguay, highlighting the diversity of options in apartments and residences. The evolution of buyer tastes and preferences, along with the growth of specific areas, reveals a constantly changing and expanding real estate market. As new proposals and developments continue to emerge in Asunción and other regions, the future of the luxury market in Paraguay looks promising. The combination of unmet demand, infrastructure development and a growing supply of services and architectural designs positions Paraguay as an attractive destination for those seeking to live in luxury and exclusivity.