Vivo Costanera: CRESIA and Codas Vuyk Inaugurate Their Third Building in Encarnación

With 100% of its units sold before its opening, Vivo Costanera confirms the attractiveness of the Encarnación market and the solid positioning of the development group.

Last Thursday, June 12th, the inauguration of Vivo Costanera took place, the third project delivered by the development group comprised of CRESIA and the construction company Codas Vuyk in the city of Encarnación. Located on a prime plot of land on the city's waterfront, Vivo Costanera represents a new milestone in the urban transformation of this departmental capital, which, in recent years, has established itself as one of Paraguay's most important residential and tourist hubs.

Construction began in February 2023 and in just over a year was completed and sold out, confirming not only the quality of the product but also the strength of the Encarnación market. The eight-story building rests on a basement of parking spaces and culminates in a communal terrace offering panoramic views of the Paraná River and the city center. In total, there are 32 one- and two-bedroom residential units, designed with a contemporary spatial logic that prioritizes spaciousness, natural light, and visual integration with the coastal environment.

Each unit was conceived as a functional, comfortable, and visually appealing living space. Ranging in size from 55 to 66 square meters, all feature high-quality finishes such as double-glazed windows, fully equipped kitchens with cabinets and cupboards, and fully-equipped bathrooms. Some apartments were specifically designed for the short-term rental market, reflecting the growing interest in platforms like Airbnb, which adds a layer of versatility to the offering.

Vivo Costanera's location is one of its most notable features. Located in the heart of Encarnación's tourist and recreational circuit, the building offers its residents direct and privileged access to San José Beach, the Costanera promenade, shopping, the gastronomic avenue, and the San Roque González de Santa Cruz International Bridge, which connects to the Argentine city of Posadas. This proximity to the city's main attractions not only makes it an ideal place for vacations or weekend getaways, but also an excellent option for those seeking a dynamic yet natural urban setting.

The terrace, conceived as a space for socializing and outdoor recreation, houses the main amenities: a pool overlooking the river, a barbecue area with a grill, fire pits, and lounge areas. This last level was designed not only as an aesthetic plus, but as a true extension of the living experience, offering residents a place to enjoy the surroundings without leaving the building.

The opening of Vivo Costanera marks the consolidation of the development group in Encarnación. CRESIA and Codas Vuyk had previously completed the Paseo de los Teros and Winkel projects, and are currently building Paseo del Sol , with delivery scheduled for 2026. In parallel, construction is progressing on Vivo Área 1 and Paseo Boquerón in Ciudad del Este , while new launches are being prepared in various cities across the country. This sustained presence in various urban centers reflects a growth strategy with strong territorial anchoring, focusing on cities with their own dynamism and potential for appreciation.

Behind these projects is Codas Vuyk, a construction company with over 40 years of experience in the Paraguayan market. Recognized for its commitment to technical excellence and its "constructive seal" based on quality, reliability, and guarantees, the firm has participated in projects that not only meet the highest standards but also add value to the communities in which they operate. Its focus is not limited to building structures, but also on improving people's quality of life and strengthening the urban fabric through well-planned interventions.

CRESIA is the result of a strategic alliance between Pridelta Capital SA and Codas Vuyk SA, designed to connect investors with real opportunities in the real estate market. With a comprehensive approach to development, spanning from project conception to management and marketing, the firm is committed to vertical growth that interprets progress not only as an economic or architectural phenomenon, but also as a social evolution. At CRESIA, real estate development is understood as a tool to generate meaningful and sustainable life experiences, supported by highly qualified professional teams and a 360-degree business vision.

Vivo Costanera is, in this sense, a synthesis of that philosophy: a project that not only responds to a demand for modern housing in a strategic location, but also proposes a new way of inhabiting the urban space of Encarnación. With each building, the group develops not only square footage, but also urban value, a sense of belonging, and new possibilities for those who choose to live, invest, or enjoy cities with a future.

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