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

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

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

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

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

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

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

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

Itaú Asset Management launched its first local real estate investment fund, an important step that can change the landscape of the real estate market in Paraguay. The objective of the fund is to raise 25 million dollars for the construction of ten apartment buildings, offering a new investment alternative for both local and international investors. What is an investment fund and how it works? An investment fund is an expertly managed entity that pools money from multiple investors to create a diversified portfolio. This portfolio can include bonds, real estate or stocks, with the goal of achieving the best possible return for investors. In the case of real estate investment funds, the capital of several investors is pooled to buy, develop and manage properties. It is an easy way to participate in the real estate market without having to buy properties individually. Investors can profit from real estate investing without the hassle of managing properties and at the same time diversify their risk with the help of experts. Opportunities and challenges in the Paraguayan market Itaú's real estate fund is launched at a time when Paraguay's real estate market has little institutional investment. Until now, developers relied on selling units to final owners or small investors to finance their projects. This allowed small and medium-sized investors to buy apartments at low prices and obtain good returns, but limited scale and liquidity for developers. The entry of institutional funds like Itaú changes this. Now, a single entity can own the entire property, which adds more depth and liquidity to the market and allows for larger transactions. Investors buy shares in the fund, diversify their risk and access professional management of their investments. In addition to the opportunities, real estate investment funds also face several challenges: Operation and maintenance: Managing and maintaining buildings in good condition is crucial to obtain the expected returns. Risk of overbuilding: Having too much capital available can lead to building more than the market really needs, causing an oversupply. Misuse of funds: There is a danger of using funds to rescue low-quality properties that would not sell well on the open market. This has caused problems for other funds in the past. The arrival of Itaú shows international confidence and optimism in the Paraguayan real estate market. Competition between institutional and private investors to attract capital will make the market more competitive. This benefits the economy by creating a more dynamic and professional environment in the real estate sector. The real estate market in Paraguay is advancing. With more institutional funds, the market will become stronger and more professional. This way, one will be able to face challenges and take advantage of opportunities. This promises a good future for the real estate sector in the country.

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.