CRESIA of the Codas Vuyk Group Launches Paseo Mboi Ka’e, its Fifth Development in Encarnación

The new residential development is located on the riverfront facing the Paraná River, integrating itself into the urban transformation process of the Encarnación waterfront.

Last Thursday, February 5, the city of Encarnación was the scene of the official launch of Paseo Mboi Ka'e, a new residential development promoted by CRESIA, developer of the Codas Vuyk Group, which is located in one of the most privileged locations in the south of the country: the first line facing the Paraná River, in the heart of the Mboi Ka'ẽ neighborhood.

Paseo Mboi Ka'ẽ is strategically located in Encarnación, where the riverfront and the Paraná River landscape function as a natural extension of urban life. Its construction complements the development of the Encarnación riverfront, one of the main drivers of the city's urban and tourism transformation in recent years, integrating directly into the public space, the natural environment, and the existing infrastructure. Conceived from the outset to coexist harmoniously with the riverbank, the building takes advantage of its orientation and its relationship with the river to maximize natural light, open views, and cross-ventilation, creating a way of living that prioritizes well-being, daily connection with the surroundings, and a residential experience deeply connected to the landscape.

Location is one of the development's key attributes. Paseo Mboi Ka'ẽ is just steps from the San Roque González de Santa Cruz International Bridge, offering views that encompass both the cities of Encarnación and Posadas, and is only minutes from the Costanera Shopping Center, the Sambadrome, and the city center. Adding to its appeal is its immediate proximity to Mboi Ka'ẽ Beach, renowned for its family-friendly atmosphere, tranquility, and scenic beauty, making the project an attractive option for permanent residence, second homes, or investment.

The building spans eleven levels and houses a total of 84 residential units, offering a diverse range of layouts to suit various needs. These include studios starting at 34.61 m², one-bedroom apartments starting at 39.37 m², and two-bedroom units starting at 75.11 m², all designed with spatial efficiency, natural light, and views of the surrounding landscape in mind. The complex also includes 55 parking spaces and two full levels dedicated to amenities, creating a comprehensive and functional living space.

The common areas reinforce the idea of a contemporary and flexible lifestyle. The project includes a swimming pool with a deck and solarium, a barbecue area, a gym, coworking spaces, and laundry facilities—services that support both new work dynamics and leisure routines. This combination of amenities positions the building as a competitive option in the local real estate market, in a context where the quality of common areas is becoming increasingly crucial in purchasing decisions.

From a commercial standpoint, Paseo Mboi Ka'ẽ is already showing clear signs of market acceptance. More than 75% of the units were sold during the pre-sale phase, a performance that reflects both the project's appeal and buyers' confidence in the developer's track record and Encarnación's potential as a real estate market. The launch prices, starting at USD 52,582, reinforce this momentum, offering a competitive balance between location, construction quality, and projected appreciation.

Construction is scheduled to begin in May of this year, with an estimated completion time of 36 months. The project will be carried out by the Codas Vuyk Group itself, ensuring consistency between the project's development and the group's renowned construction standards.

The launch of Paseo Mboi Ka'ẽ also holds strategic significance within the expansion plan of the Codas Vuyk Group, through CRESIA, in the south of the country. This is the group's fifth project in Encarnación, a city where it already has three completed developments, one currently under construction, and now this new project, which reinforces its presence and commitment to the region's urban growth. With over 47 years of experience and more than 350,000 m² developed, the group maintains an active presence in Asunción, Ciudad del Este, and Encarnación, with projects that aim to contribute urban value, architectural quality, and long-term investment opportunities.

With Paseo Mboi Ka'ẽ, CRESIA and the Codas Vuyk Group have consolidated a proposal that engages with the landscape, the city, and new ways of living, raising the standard of the Encarnación residential market. More than just a riverfront building, the project is presented as an urban element that complements the evolution of the riverfront and reaffirms Encarnación's potential as one of Paraguay's most dynamic real estate and tourism hubs.

To receive detailed information about Paseo Mboi Ka'ẽ , please complete the form below or visit paseomboikae.com.py . A representative from the developer's sales team will contact you directly to provide further details and answer any questions.