RIZ Developments Begins Construction of PORTA 03: A Project That Focuses on a Modern Lifestyle

On Friday, May 30, RIZ Desarrollos Inmobiliarios held the groundbreaking ceremony for PORTA 03, its third project in the PORTA residential development line. The event took place on the development's own property, located on Las Mercedes Street near Santa Margarita, in the Campo Grande neighborhood of Luque, and was attended by executives, strategic partners, and collaborators of the firm. With this new launch, the developer reaffirms its presence in an expanding area, which combines proximity to Asunción's main urban corridors with access to essential services for daily life.

The location of PORTA 03 responds to a positioning strategy that seeks to capitalize on Luque's sustained growth as a natural extension of Asunción's corporate center. The project is located just three minutes from the International Tennis Club (CIT) and eight minutes from the corporate center, home to a significant number of offices, banks, and shopping centers. Furthermore, its immediate surroundings feature pharmacies, supermarkets, educational institutions, financial institutions, and social clubs, making it a highly attractive location for both permanent residents and investors interested in rental properties.

PORTA 03 is conceived under the motto "Your gateway to the modern lifestyle" and targets a young, professional, urban audience seeking compact, well-located, and functional housing solutions without compromising quality or design. The building will feature 70 apartments spread over seven levels, organized into three main types: 30 m² studio apartments, 38 m² one-bedroom apartments, and 41 m² one-bedroom apartments, with prices starting at USD 34,440.

The architectural design of PORTA 03 prioritizes interior functionality and the integration of common spaces. Particularly noteworthy are the amenities, conceived as an extension of the contemporary lifestyle. These include a pool with a sundeck and panoramic views of the cities of Luque and Asunción, a heated barbecue area, a coworking space, a gym, and a laundry area. These spaces were specifically designed to meet the needs of today's urban user, with an emphasis on visual spaciousness, efficient circulation, and the connection between the private and communal spaces.

The project will be developed by BCN Construcciones, a Barcelona Group company with over 13 years of experience in residential and commercial projects in the Paraguayan market. Technical supervision will be carried out by Gabinete Técnico (Gabitec), a firm that has also overseen previous RIZ projects, ensuring quality standards and schedule compliance.

"With PORTA 03, we continue to consolidate our offering: safe, modern real estate products with attractive profitability for our clients, while meeting delivery times, quality, and after-sales service, just like previous projects," said Hugo Ríos, director of RIZ.

RIZ offers various financing plans, including zero-down payment options and fixed installments, allowing early project entry. A standard plan with a 20% down payment and installment payments during construction is also available, as well as a direct financing plan for up to 10 years. The developer also maintains strategic partnerships with banks for those who prefer access through traditional mortgage loans.

The choice of this format is due to the strong performance of PORTA 01 and PORTA 02, where RIZ not only recorded high occupancy but also a high level of repurchase in PORTA 03. This continued public confidence is partly explained by the company's comprehensive approach, which not only develops and builds, but also supports investors throughout the asset's entire lifecycle.

In this sense, RIZ has two complementary business units. The first is Zilo, its property management company, responsible for managing rentals, ensuring expected profitability, operating the building, and optimizing expenses. This structure allows investors to offer a turnkey product, eliminating management friction and facilitating a sustained return. The second unit is the in-house furniture division, which designs and fully equips the apartments according to the project's original renderings. This division offers different packages, from basic equipment for Airbnb-type operations to more comprehensive proposals for long-term residential use.

RIZ's philosophy is based on offering products that integrate functional design, modern services, affordable financial solutions, and professional after-sales service. This combination has allowed it to consolidate a solid offering within the compact housing segment, a niche that continues to gain prominence in Paraguay's urban context.

The firm plans to continue its expansion with new projects that replicate this model in high-growth areas, focusing on an orderly, accessible urban development adapted to changes in the way we live and consume in the city.

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