Grupo Fénix Launches NIX Recoleta: A Residential Project Designed for Investors

With studio apartments starting at 30 m² and one-bedroom units of 45 m², NIX Recoleta responds to the demand for traditional and temporary rentals, attracting the interest of investors from its pre-sale price starting at USD 46,000.

Grupo Fénix, with over a decade of experience advising investors in the Paraguayan real estate market, presents its first in-house development: NIX Recoleta, a residential project that combines purpose, profitability, and aesthetic appeal in one of the capital's most promising areas. Designed specifically for those seeking a strategic investment, NIX Recoleta is located at 4826 Cuartel de la Rivera Street, in the heart of the Recoleta neighborhood.

Traditionally residential, Recoleta is now transforming into a new high-density urban axis, where a boom in corporate and residential developments coexist with a growing culinary and commercial offering. Steps from La Cuadrita—the only pedestrianized food court in Asunción—the Mariscal Shopping Mall, and a consolidated network of cafes, shops, and services, the project's immediate surroundings articulate centrality, connectivity, and quality of life.

In this context, NIX Recoleta is presented as a mid-scale proposal—70 apartments spread over 7 living floors, plus a rooftop with amenities—aimed at responding to the growing demand for urban rentals, both traditional and temporary.

The product strategy is based on an efficient typology: studio apartments averaging 30 m² and one-bedroom units measuring 45 m², designed for rentals on platforms like Airbnb or traditional rentals. Accompanied by 24 parking spaces, these units were designed to maximize turnover, occupancy, and resale value, prioritizing attributes such as practicality, location, and low operating costs.

Since the pre-sale, the proposal has been well received by a young investor community, who see NIX Recoleta as a real opportunity to enter the market. Studio apartments are priced from USD 46,000, including full furnishings and a garage, while one-bedroom units start at USD 58,000, with the option to add a garage and equipment. Financing during construction—with a 24-month, interest-free term—allows for staggered payments, facilitating access for those just starting out in real estate investment.

NIX Recoleta incorporates a home automation system developed by ITE, with presence sensors in common areas that enable energy savings of up to 30%, access control via card, cell phone, or key fob, and digital locks that integrate with virtual assistants. All units include Alexa as an environment control interface, and functions can be managed remotely from mobile devices. This technology aims not only to enhance user convenience but also to optimize remote management, which is key in temporary rental models.

This technological solution is complemented by a centralized administration unit, which will handle all operational management of the units, from occupancy to maintenance, allowing owners to fully delegate management and receive only the performance and return on their investment. This structure is designed for those who wish to participate in the real estate market without taking on additional tasks, ensuring a streamlined, efficient, and professional experience.

In terms of amenities, the building is inspired by hotel infrastructure and the needs of urban travelers. It will feature a pool, gym, coworking space, a heated barbecue area, and a laundry room—functional spaces that allow for everything from maintaining work or workout routines to receiving visitors and completing everyday tasks without leaving the building. This comprehensive approach reinforces the project's vocation as a high-turnover investment product, with services that cater to a diverse audience: tourists, executives, temporary residents, or owners seeking profitability without sacrificing quality.

One of the most unique elements of NIX Recoleta is the integration of art as a structural element of the project. Renowned Paraguayan artist Antonio Barú has been commissioned to create a mural that will become the building's visual icon. His artistic language, deeply connected to Guaraní spirituality, is expressed in symbols, sacred geometries, and internal landscapes that seek to reconnect with Paraguay's ancestral memory. His intervention is not merely decorative: it serves as a conceptual anchor that connects the building with its original purpose of being a space for creation, expansion, and authenticity.

The project will have an estimated duration of 20 months and will begin on August 28, 2025.

Behind NIX Recoleta lies a vision: to build from the center, from the essentials. In this project, Grupo Fénix conveys its philosophy of purposeful investment, focused on providing security, returns, and long-term value. It's not just about investing capital in bricks and mortar, but rather in a product conceived with coherence, market knowledge, and a clear identity.

The NIX Recoleta project was designed by SIAR Engineering, one of the longest-established companies in the sector. With over 40 years of experience and a track record of more than 450 projects executed nationwide, SIAR SRL has established itself as a benchmark in terms of compliance, professionalism, and operational capacity. Backed by a team of more than 500 contractors and workers, its participation in the project guarantees high technical standards and execution tailored to the highest demands. SIAR's selection reflects a vision that prioritizes not only construction quality but also reliability and predictability throughout the project's development. The structural calculations will be performed by Engineer Francisco Muñizaga, renowned for his technical expertise and experience in medium- and large-scale projects.

In an urban context where demand for temporary rentals is consolidating and the search for assets with real value is gaining momentum, NIX Recoleta represents a perfect opportunity: affordable in price, clear in its positioning, backed by experience, and built to last.

To learn more about NIX Recoleta, please complete the following form: