At an event held at the Hoyo 19 Hall of Club Centenario, with the presence of national and municipal authorities, this initiative was officially presented with the goal of consolidating the growth of Mariano Roque Alonso, Limpio, and Luque as a hub for economic and residential development. The northern area of the Central Department has experienced sustained growth in recent years, driven by its proximity to Asunción, its connectivity with strategic routes, and a series of national and foreign investments that have fostered the construction of housing, shopping centers, recreational spaces, and educational institutions. This growth has created a strong demand for planning and structuring, which is why real estate developers and other key stakeholders have decided to join forces to coordinate efforts and optimize the evolution of this territory through the Distrito Norte Association. Francisco Jorge, General Manager of Altius Group Paraguay; Ernesto Figueredo, President of Raíces Real Estate; and Eduardo Livieres Guggiari, President of Club Centenario, during the official presentation of the Distrito Norte Association. The association, initially driven by Raíces Real Estate, Altius Group Paraguay, Altamira Group, Ganadera Vista Alegre, Colegio Maple Bear, Izara, and Ofisa, was created in response to the need for a coordinated team to address the challenges posed by the region’s growth. The vision of Distrito Norte is not solely focused on the construction of new real estate developments but aims to ensure that growth occurs in a planned, efficient manner with a positive impact on the community and the region’s ecosystem. With the participation of key real estate sector players, the association represents a joint effort to coordinate strategies that will drive the development of the northern area of the Central Department with a long-term perspective. The central objective of this initiative is to create a collaborative space between the private sector, government, and civil society to work on urban planning and the necessary infrastructure to support this growth in an orderly manner. The shared vision is to consolidate an environment where family well-being, economic development, and sustainability go hand in hand. Within this context, projections include the construction of 5,000 residential units, 30,000 square meters of commercial areas, and 75,000 square meters dedicated to education, with an estimated investment of $1.5 billionin the coming years. This development is expected to generate more than 5,000 direct jobs and approximately 13,000 indirect jobs, strengthening both the local and regional economy. Through this structured growth model, the goal is to transform the northern area of the Central Department into a benchmark for well-planned urbanization, balancing housing, commerce, services, and green spaces. Distrito Norte is not a closed or exclusively private-sector organization. From its inception, it has been designed as an inclusive association open to new members, including real estate developers, property owner associations, clubs, and other entities interested in contributing to structured and sustainable urban growth. This openness is crucial for ensuring comprehensive planning that does not rely solely on isolated private initiatives. Lack of planning and coordination has been a challenge in many fast-growing areas of Paraguay, leading to issues such as road infrastructure problems, lack of access to basic services, and urban disorder. Through this initiative, the goal is to prevent history from repeating itself in Mariano Roque Alonso, Limpio, and Luque, by aligning the interests of different stakeholders to guarantee a functional, efficient, and sustainable development in the long term. One of the primary concerns for developers and urban planners is public infrastructure, particularly in terms of roads, transportation, and access to basic services. Currently, the region faces limitations in road networks, potable water supply, and wastewater treatment, which could slow growth and impact the quality of life of future residents. To address these challenges, the association has initiated a dialogue with the government and municipalities to prioritize investments in key infrastructure. Important progress has already been made, such as the duplication of Route 025 Silvio Pettirossi and Route Tapetuya, projects driven by private developers who donated technical studies to the government to accelerate their execution. This public-private collaboration model is one of the fundamental pillars of Distrito Norte, where infrastructure planning and execution are not solely dependent on state initiatives but also benefit from private-sector support and contributions, making projects happen faster and more efficiently. Regarding mobility, another challenge for the region is the need for an efficient public transportation system that allows residents to commute without relying exclusively on private cars. Experiences from other cities in the regionhave demonstrated that well-planned transportation systems can reduce traffic congestion and make cities more accessible. In this regard, the association is exploring alternatives to improve connectivity within the area and with Asunción. One potential solution is implementing transportation models similar to those successfully used in Pilar, Argentina, where a combination of public and private investment transformed a weekend home area into a vibrant urban hub featuring universities, shopping centers, and office spaces. Real estate appreciation is another direct effect of the orderly growth in the region. In recent years, land prices in Luque, Limpio, and Mariano Roque Alonso have risen significantly due to increased demand for housing and commercial spaces. This trend signals strong and sustained investor interest in the region but also underscores the need to ensure sustainable development. The vision of the Distrito Norte Association is not to limit real estate growthbut to integrate diverse housing types and service options, making quality living conditions accessible to more people. Establishing the area as a development hub requires parallel investments in education, healthcare, and recreational spaces. Planning must take into account the proximity of residential areas to essential services to prevent residents from having to travel long distances for education, healthcare, or employment. In this regard, the presence of schools, universities, and healthcare centers within Distrito Norte’s area of influence is critical to ensuring that urban growth translates into a fully functional and self-sufficient community. From an environmental perspective, development in the area must be accompanied by measures to preserve natural resources and enhance environmental quality. One priority issue is the restoration of the Ytay Stream, a project that would benefit both real estate developments and the broader community. Water contamination is a recurring problem in uncontrolled urban expansion areas, and Distrito Norte seeks to prevent this from happening by implementing an environmental management plan that includes proper wastewater treatment and green space conservation. Sustainability is a core element in the association’s planning, ensuring that growth does not compromise environmental quality or long-term livability. Distrito Norte is, in essence, a commitment to intelligent planning and collaboration between the private and public sectors. The demand for housing, services, and job opportunities in the northern area of the Central Department is already a reality, and the key is to manage this growth in a structured way to avoid the issues that have hindered development in other cities. This association was created with the mission of coordinating efforts and ensuring that investments in the area result in tangible improvements in infrastructure, mobility, environment, and quality of life. The vision is clear: to build a modern, efficient, and sustainable urban model where the community can grow with a balance between economic development and social well-being.

In the picturesque city of San Bernardino, a new real estate development is emerging that redefines the concept of home. Barrio Pindó, a jewel of 9.5 hectares of lush green areas, is presented as the perfect space where natural harmony becomes the protagonist of unforgettable moments. This development not only offers comfort and warmth, but also represents a true home for everyone, everyone. The name "Pindo" goes beyond words; embraces the deep symbology of the "Pindo" palm tree, a species native to the region. This choice connects the development with the community, transmitting a serene and tropical atmosphere. The narrative of trust between host and guests is manifested with the implicit invitation: "Come here, under the Pindó." Barrio Pindó offers a perfect fusion between natural settings, comfort and security for your family. Security is a top priority, with 24/7 surveillance at the main entrance to the gated community, ensuring constant tranquility at all times. The access porch, guarded by specialized personnel, reflects the guarantee of tranquility and privacy that the neighborhood offers. Barrio Pindó has been designed to satisfy the tastes and needs of each member of the family. The little ones can explore the joy in the parks specially designed for them, while the versatility of the multi-use court provides sports and recreational options for everyone. For those looking to stay active, the fully equipped gym is the answer, while unforgettable family moments can take place in the barbecue area with barbecue. The air-conditioned function room offers a welcoming space to celebrate special occasions, and the pool provides a refreshing oasis where you can enjoy moments in the sun with friends and family. In Barrio Pindó, the amenities are designed to embrace the diversity of tastes, thus creating an environment where each resident can find their perfect corner of happiness and recreation. With 91 lots available, Barrio Pindó offers land from 700m2 with affordable installments from 330 USD and own financing of up to 60 months. This development is presented as the best option in Sanber in terms of price, quality and payment methods. Barrio Pindó is developed by AV Desarrollo Inmobiliaria, known for planning developments in strategic locations with high potential. The company has stood out with previous projects such as MIO HOME , MIO YCUA SATI , Altos de Concordia and Edificio Margarita For further information and inquiries, the development is marketed by KW Las Lomas. You can contact them at the following link . Barrio Pindó is more than a real estate development; It is the materialization of a harmonious and natural lifestyle that awaits those who wish to build their homes in a serene and welcoming environment.

The real estate market in Paraguay is experiencing significant expansion, establishing itself as one of the key sectors driving the country’s economic development. According to a recent report by Statista, the total value of the real estate market is expected to reach $194.42 billion in 2025, representing an increase of $6.39 billion compared to 2024. This growth is primarily driven by the dynamism of the residential market, although the commercial sector is also showing solid performance. Residential Sector: The Growth Engine The residential segment overwhelmingly dominates Paraguay's real estate market, with a projected value of $155.8 billion in 2025, an increase of $5.8 billion from the previous year. This growth reflects sustained demand for housing, both for purchase and rental, driven by factors such as increasing urbanization and the need for affordable housing solutions. In terms of transactions, a significant rise in the number of residential properties sold is expected, reaching 12,170 transactions in 2025 , compared to 11,090 recorded in 2024 . Additionally, the average transaction value is set to rise to $97,870 , marking an increase of $2,390 from the previous year. This increase not only reflects rising property values but also a shift in consumer preferences toward higher-quality housing. Growth in Residential Rentals The rental market is also performing well. Total rental income is projected to reach $4.69 billion in 2025, surpassing the $4.42 billion recorded in 2024 . This growth is spread across both house and apartment rentals, with significant participation in both segments. The number of rented houses will reach 381,500 properties , generating $3.91 billion in income, while apartments will account for 151,600 leased units , generating $780 million . Additionally, the average rental income per house will increase to $10,240 per property , while apartment rentals will rise to $5,170 , reflecting an increase of $450 and $230 , respectively. Changes in Homeownership The Paraguayan market is experiencing a gradual shift in ownership and rental dynamics. By 2025, it is projected that 36.8% of households will be rented , marking a steady 0.1% annual increase since 2021 . Meanwhile, the percentage of owned homes will slightly decline to 63.2% , following the same annual trend. This shift toward rentals reflects not only changing consumer preferences but also the impact of urbanization and the younger generation’s desire for flexibility. Urban areas, in particular, have seen a notable increase in rental demand, driven by migration from rural areas in search of better economic opportunities. The Commercial Market: A Complementary Pillar While the residential sector leads the market, the commercial real estate segment also plays a crucial role. By 2025, the commercial real estate market is expected to be valued at $38.62 billion , with an increase of $590 million compared to 2024. This growth is linked to rising investments in infrastructure, office spaces, and commercial establishments, particularly in the country’s main cities. Long-Term Projections and Investment Opportunities Looking ahead, Paraguay’s real estate market is projected to grow at a compound annual growth rate (CAGR) of 3.15% from 2024 to 2029 , reaching an estimated value of $219.7 billion by 2029. Within this outlook, the apartment rental segment stands out for its dynamism, with a CAGR of 5.34% during the same period, bringing the market volume to $960 million . This sustained growth is driven by multiple factors, including the country’s political stability, a favorable economic environment, and a growing young population. Additionally, the increasing popularity of real estate investment trusts (REITs) is attracting both local and international investors. Key Factors in Market Development The development of Paraguay’s real estate market can be attributed to a combination of macroeconomic factors and consumer trends: Consumer Preferences : There is a growing demand for affordable housing, particularly among urban middle-class households. This has led to an increase in residential property transactions, especially in metropolitan areas. Urbanization : Migration to cities like Asunción has generated higher demand for housing in urban areas. Foreign Investments : Paraguay offers an attractive environment for international investors due to its economic and political stability. Economic Growth : Rising disposable income and low interest rates have facilitated access to housing financing. Paraguay’s real estate market is in a phase of sustained expansion, with robust growth in both residential and commercial segments. This dynamism not only benefits investors but also meets the housing needs of a growing and urbanizing population. With promising prospects for the coming years, Paraguay’s real estate sector is positioned as a fundamental pillar of the country's economic development. Source: Statista.

Gómez Platero Arquitectura y Urbanismo was founded in 2002 under the leadership of its current CEO, Martín Gomez Platero, during a challenging economic crisis that deeply affected the construction industry in Uruguay. From an early age, Martín cultivated a passion for architecture, influenced by his father, Guillermo, who was also an architect. This family legacy instilled the values that continue to guide the firm today. With a strong academic background and a postgraduate degree in administration from the University of Berkeley, Martín developed a strategy focused on differentiation and quality, positioning the firm to offer world-class architectural services from Uruguay to the international stage. Riverside, ubicado en El Delta, Nueva Asunción Since its inception, Gómez Platero has continuously evolved, transitioning from a local studio to an internationally recognized architectural firm with a presence in 13 countries and 42 cities. This transformation has been driven by teamwork, optimizing the management of complex projects through a collaborative approach. The firm’s “glocal” philosophy combines a global vision with a local approach, allowing it to integrate cutting-edge design, technology, and materials while respecting the unique characteristics of each environment. This balance has positioned Gómez Platero as a leader in exporting architectural services. The firm’s architectural philosophy is centered on creating projects that enhance collective well-being, striving for a balance between the interests of developers, users, and the city. This commitment includes respecting the physical, cultural, and social environment, repurposing existing buildings, and designing public spaces that foster social integration and a connection with nature. Gómez Platero prioritizes human-centered design, promoting inclusion and a sense of community in every project. Proyecto Link Aviadores, Asunción The firm’s most iconic projects are distinguished by their harmonious integration with the natural and urban environment, as well as user-centered innovation. Notable examples include Nuevocentro, a mixed-use development in Montevideo, and Tres Cruces, the first transport terminal with a shopping mall in Latin America. In the education sector, Moorlands School stands out for its innovative Mass Timber design, a sustainable material that is being used for the first time in Uruguayan educational architecture. Sustainability is a core pillar of Gómez Platero, extending beyond construction to encompass a holistic commitment to the environment, biodiversity, and people. The firm is dedicated to restoring a human scale to cities, creating high-quality public spaces, and fostering biodiversity as essential elements in building resilient and sustainable communities. The +Colonia project, for instance, blends residential, commercial, and cultural spaces while honoring Colonia del Sacramento’s colonial architectural heritage, integrating contemporary and sustainable solutions. The relationship between aesthetics and functionality is another key principle for Gómez Platero, ensuring that each project is both visually striking and functionally efficient. This balance is integrated from the conceptual stage, guaranteeing that design decisionsaddress both practical and emotional needs. The firm has consistently demonstrated its ability to adapt and lead in a constantly evolving industry, reaffirming its commitment to conscious and sustainable design. Each Gómez Platero project represents a unique challenge and an opportunity for learning. The Guayaquil Terminal in Ecuador was a milestone that positioned the firm on the international stage, showcasing Uruguayan talent at the highest global standards. Another outstanding example is the World Memorial to the Pandemic, a space dedicated to honoring life and nature, which has received international recognition, including awards from the International Architecture Awards. In the Latin American context, Gómez Platero has played a key role in Paraguay’s urban transformation, standing out for its innovative approach and commitment to sustainable development. The firm established its presence in Paraguay through a collaboration with CodasVuyk, a local real estate developer with over 40 years of experience in the market. This partnership led to a series of preliminary projects along Aviadores del Chaco Avenue, including iconic developments such as Ciudad Jardín, the Hilton Hotel, and Link Aviadores. In 2018, Torre Miranda became a reality—a residential building strategically located in one of Asunción’s fastest-growing real estate zones. This project marked a significant milestone for the firm as its first completed development in Paraguay. In addition to Torre Miranda, Gómez Platero designed a master plan for an area near the Paraguay River, which later gave rise to Riverside, a major development currently under construction. Other notable projects include Salaskin, a residential development that maximizes the value of its immediate surroundings, distinguished by a high-quality landscape setting. The firm is also leading early-stage initiatives in the World Trade Center area and other strategic locations across Asunción, reinforcing its commitment to urban revitalization. Among its projects, Riverside stands out as one of the firm’s most iconic developments in Paraguay. This urban master plan, located along the Paraguay River, integrates green spaces, pedestrian walkways, and central lagoons, creating a harmonious balance between nature and urban infrastructure. It serves as a catalyst for future developments in the region, especially with the inauguration of the Héroes del Chaco Bridge in March 2024, which significantly enhances connectivity between Asunción and the Western Region. Paraguay’s economic landscape, strengthened by its recent investment-grade credit rating, has increased its appeal to international funds, facilitating access to financing for large-scale projects. In this evolving context, Gómez Platero continues to solidify its role as a key player in the transformation of Paraguay’s urban and architectural landscape. Riverside, ubicado en El Delta, Nueva Asunción The evolution of architecture in Paraguay also reflects a growing interest in mixed-use projects, which stimulate the local economy and promote social inclusion. With its international expertise and “glocal” vision, Gómez Platero has successfully integrated global trendswith the specific needs of the Paraguayan market, establishing itself as a leading reference in the region. With over two decades of experience, the firm has become a benchmark for architectural quality and sustainable urbanism in Paraguay and beyond. From its beginnings in Uruguay to its international expansion, Gómez Platero has combined innovation, cultural sensitivity, and technical excellence to create projects that transform communities and enhance quality of life. In Paraguay, its landmark developments, such as Torre Miranda and Riverside, serve as prime examples of the positive impact architecture can have on urban growth. Guided by a human-centered and environmentally conscious philosophy, the firm continues to pave the way for a more integrated and sustainable future. To get in touch with Gómez Platero, please fill out the following form:

Yesterday marked the launch of Midtown Las Mercedes, a building set to redefine the concept of urban living in Paraguay's capital. Located at Sociedad 1210 Street in the Las Mercedes neighborhood, this development combines design, spaciousness, and functionality, positioning itself as an innovative proposal in the real estate sector. The Las Mercedes neighborhood has become one of the city's most attractive residential hubs. Its strategic location provides easy access to major urban centers, Asunción’s historic downtown, prestigious schools, shopping areas, essential services, and a vibrant selection of dining and nightlife options. These features make Las Mercedes an ideal choice for those seeking quality of life, diversity, and convenience. Midtown will feature seven floors of apartments designed to suit different lifestyles. Options will include one, two, and three-bedroom units, with an innovative addition: "one-and-a-half-bedroom" apartments. This concept introduces an extra space that residents can use as needed, whether as an office, entertainment area, or storage space. The largest apartments, featuring three bedrooms, will include the penthouse, regarded as the building’s crown jewel. Unit sizes range from 63 square meters for one-bedroom apartments, 75 square meters for one-and-a-half-bedroom units, 110 square meters for two-and-a-half-bedroom units, and 140 square meters for three-bedroom units. Launch prices start at $95,000, offering an excellent balance of quality, design, and location. Spaciousness is one of the most notable features of the project. This approach extends not only to the apartments but also to the common areas and parking spaces. The latter measure 3 meters by 5.50 meters, significantly exceeding market standards, ensuring comfort and ease of use for residents. Every detail in the design reflects the intention to offer generous and functional spaces, a rare attribute in today’s real estate market. Midtown Las Mercedes also stands out for the quality and variety of its amenities, designed as extensions of each apartment. These include a pool for daily relaxation and refreshment, a solarium area perfect for enjoying sunny days, a spacious multi-purpose room equipped with a grill for social events, and a gym designed to promote a healthy and balanced lifestyle. Additionally, all apartments feature large balconies with private grills, a guest bathroom, and layouts that prioritize functionality and comfort. The architectural design is led by Christian Gould of Gould Arquitectura, known for his unique approach that utilizes natural materials such as marble, travertine, stainless steel, and exposed concrete. According to Gould, the aim is to create an authentic and sophisticated design that stands apart from any other proposal in the market. This minimalist and modern approach reflects a design philosophy that celebrates simplicity and authenticity while offering high aesthetic value. In terms of financing, Midtown Las Mercedes offers flexible options tailored to buyers' needs. Interested parties can choose self-financing for up to eight years or access bank financing through a strategic alliance with Ueno Bank, which offers exclusive benefits. Additionally, during the construction phase, units can be purchased with an initial down payment of 20% and interest-free installments. Construction of the project is scheduled to begin in early 2025, with an estimated duration of 20 months. This timeline projects the delivery of units in the third quarter of 2026, marking a significant milestone in the city’s development. The Midtown Las Mercedes project is backed by prominent players in the real estate sector, who have joined forces to bring this ambitious proposal to life. RD Investments, under the visionary leadership of the Rolón Domínguez family, stands as the primary investor and developer of this innovative building. This relatively new company in the real estate industry has identified a unique opportunity in Paraguay’s growing market, especially in Asunción, which is undergoing an urban development boom. Midtown Las Mercedes represents the first step in RD Investments' long-term strategy to establish itself as a benchmark in the sector. In addition to RD Investments, Gao Desarrollos Inmobiliarios plays a crucial role in the conceptualization and execution of the project. Established in 2016, this company has evolved from developing gated communities and affordable housing to more sophisticated projects in Asunción, with a total of six buildings already completed. Their expertise in designing residential and commercial solutions, along with their commitment to innovation and technology, adds significant value to the development of Midtown Las Mercedes. For the construction phase, S3 Constructora is responsible for bringing the project's vision to life, ensuring high-quality standards at every stage of the construction process. Renowned for its focus on trust, flexibility, and personalized consulting, S3 Constructora is dedicated to ensuring that every detail of the building reflects the excellence and functionality future residents expect. Their experience in constructing landmark projects supports the promise that Midtown Las Mercedes will be a true gem in Asunción’s urban landscape. The launch of Midtown Las Mercedes represents much more than just the construction of a building. It is an investment in Asunción’s future, providing a place where families and professionals can grow and create a home. With a privileged location, innovative design, and top-tier amenities, this project redefines the concept of housing in Paraguay, becoming a symbol for those seeking quality, spaciousness, and authenticity in their lifestyle. For more information about this exclusive project, interested parties can contact Leticia De Gásperi, real estate advisor for C21 Paraguay Wilson-Chihan, who is exclusively handling the sales of Midtown Las Mercedes. She can be reached at +595 981 910640 for inquiries and additional details.

The Costanera of Asunción is undergoing a historic transformation, with a series of emblematic projects promising to make it a key economic, cultural, and tourist hub for the region. From strategic land auctions to the creation of an innovative museum, the revitalization of the historic port, and the proposal of a national stadium, these developments aim to position the Costanera as one of the most significant locations in Paraguay. December 18 will be a key date as the Municipality of Asunción, under the leadership of Mayor Óscar Rodríguez, will hold an auction for two lots in the Costanera Norte, approved by the Municipal Council on November 21. In total, six hectares will be divided into two lots: one of four hectares and another of two. The starting price has been set at 28 billion guaraníes per hectare, a value reflecting the current potential of the real estate market in this strategic area. The goal of the auction is to attract both national and international investors interested in developing gastronomic, entertainment, and residential proposals. This plan is inspired by the success of Puerto Madero in Buenos Aires, which transformed from an abandoned port into one of the most valued neighborhoods in the Argentine capital thanks to private investment. With a regulatory framework established in 2019, the auctioned lands are authorized for leisure and real estate development activities, enhancing their appeal for high-impact projects. The auction will follow an ascending bid mechanism, ensuring that the investor with the highest offer secures the property. In addition to the auction, the Costanera will become home to the Museum of Science and Technology of Asunción (MuCi), a project set to revolutionize the country’s cultural and educational offerings. Covering an area of 14,000 square meters, the MuCi will feature a state-of-the-art spherical planetarium, several interactive exhibition halls, a scientific library, laboratories, elevated gardens, recreational spaces, a park, and a restaurant overlooking Asunción Bay. The construction of the museum, with an estimated investment of $20 million, will be largely financed by the Peery Foundation from the United States. The planetarium will be the centerpiece of the MuCi, featuring an 18-meter diameter sphere with advanced immersive technology. This space will allow the public to embark on virtual journeys through the universe, explore galaxies, and observe astronomical phenomena in real time. Additionally, the planetarium will have the capability to project IMAX films and live events, such as concerts and sports competitions, making it a multifunctional space unique in South America. Another significant milestone in the development of the Costanera is the revitalization of the Port of Asunción. This historic site, which has been vital for commerce and river transport in the country since 1907, will be transformed into a gastronomic and cultural hub. The project includes the remodeling of four warehouses, which will house a Gastronomic Market with 32 establishments, an event center called "El Gran Galpón" with a capacity for 5,000 people, and a high-end Sport Bar for 1,000 guests. The plan also includes services such as gyms, hair salons, pharmacies, and currency exchange offices, turning the port into a comprehensive space for both residents and tourists. According to current timelines, the Port of Asunción is expected to be operational by the end of 2025, marking a new chapter in the history of this iconic site. Finally, the Paraguayan Football Association (APF) has proposed a project to build a national stadium in the Costanera Norte, with an eye on the 2030 FIFA World Cup. This stadium, with a capacity of 47,000 spectators, will be designed with inspiration from the ñandutí embroidery, a symbol of Paraguayan tradition. The construction, expected to be completed by 2028, would provide a significant boost to the country's sports infrastructure and establish the Costanera as a highly relevant multifunctional space. The project is still under review, but if approved, it would represent a major development for the area. With all these projects underway, the Costanera of Asunción promises to become the epicenter of modernization in the capital, blending tradition and innovation to offer an attractive and dynamic environment. The city is moving toward a promising future, where this iconic space will be synonymous with progress and development.

Sunset Village is an exclusive gated community that redefines the concept of integrated living in Nueva Asunción. Strategically located on Route D075 and just 1,000 meters from the Héroes del Chaco bridge, this development combines nature, security and a modern lifestyle, designed so that its residents can enjoy all the comforts without having to leave the complex. Spanning over 5 hectares, Sunset Village offers 191 carefully designed lots, averaging 180 square meters, with larger options for those looking to build larger properties. Future residents have the possibility of acquiring lots with or without construction, with the option of five types of homes ranging from one bedroom to three bedrooms, adapting to the particular needs of each client. The project incorporates a wide variety of essential services, such as a supermarket, pharmacies and commercial premises, which allow residents to meet their daily needs within the complex. These facilities not only offer convenience, but also reinforce the security of the gated community, guaranteeing a harmonious and practical life. Sunset Village's design includes unique amenities that promote a family-friendly and social lifestyle. Residents will be able to enjoy a fully equipped gym, a game room, a social lounge, and various sports courts, including a multi-sport court and a paddle court. In addition, there will be a large swimming pool and a cafeteria within the complex, which will become an ideal space for social gatherings and moments of leisure. The supermarket, located on the road, will have exclusive access from inside the condominium, ensuring a safe and convenient experience for its residents. Sunset Village's location is another of its great attractions. Located just 10 minutes from the corporate area of Asunción and 15 minutes from the old town, it allows its residents to be close to the key points of the city. In addition, its connection to cities such as Mariano Roque Alonso and Luque, through modern expressways, facilitates quick and efficient access. This strategic location, in an area of great growth, reinforces the value of the project and positions it as one of the best residential options in the area. In terms of financing, Sunset Village stands out for its flexibility. Lots start at $49,000, while homes start at $65,000, considering only the cost of construction. Self-financing options are offered with terms of up to 60 months, as well as financing through Itaú bank, which allows payments over a period of up to 10 years. Negotiations are carried out in a personalized manner, adapting to the specific needs of each client to guarantee a satisfactory experience. The project is already underway with the earth moving, and the groundbreaking is expected to take place in January. The completion of the works is projected within a period of 24 months from the start, with a focus on construction quality and compliance with established deadlines. Developed by Empire Group and Alamo Desarrollos, Sunset Village is backed by companies with extensive experience in the Paraguayan real estate market. This is the fourth development by Empire Group in Paraguay, known for the success of its Emerald line of buildings, which has achieved full sales in three previous projects. Nueva Asunción is booming as one of the fastest growing urban areas in Paraguay. This gated community will not only contribute to the growth of the region, but will also set a new standard of living for those seeking a safe, comfortable and modern environment. For more information about Sunset Village, please call +595 0981 130140.

ULTRA Real Estate, with two months into the Paraguayan market, has already positioned itself as one of the most innovative and promising emerging real estate companies in the country. Founded by Jorge Giralt and Gustavo De Simone, the company reflects the vast experience of its partners, who have been standing out in the sector for years. Both co-founders decided to take a step towards independence and create a real estate company that integrates training, professionalism and a long-term vision. For his part, Jorge Giralt has a diverse career in multinational enterprises and in the financial sector before dedicating to the real estate field. His role as general manager in a global real estate company brought him closer to the sector, and later, after his time at a recognized franchise, he consolidated his presence in the market. Throughout his career, he has seen how the interest in real estate has grown, and with the opening of ULTRA Real Estate, he seeks to capitalize on his knowledge to lead the Paraguayan market. Gustavo De Simone began his career as a lawyer specializing in oil contracts and trusts. After several years in the legal field, his interest changed and he found an opportunity in the real estate sector in Argentina, where he joined a well-known franchise. For more than a decade, De Simone remained in the top sales rankings and gained prestige both nationally and internationally. Eventually, he decided to go independent and form his own team, and has experienced his best years in terms of growth and turnover since making that decision. The creation of ULTRA Real Estate was the result of a friendship of more than twelve years between Giralt and De Simone. They met at real estate conventions in Las Vegas, and over time, they decided to merge their experiences and knowledge to create an independent real estate company. De Simone had been traveling to Paraguay for other projects and the idea of starting a joint venture arose naturally. They both shared the vision of forming a company that would not only stand out in the market, but also offer a superior level of service and professionalism. ULTRA Real Estate stands out in the industry by having a comprehensive support structure. The company has a legal and notary team, marketing services and professional photographers, ensuring that each property listed is legally ready and has the best presentation. From drones and photography equipment to social media campaigns, ULTRA Real Estate advisors have access to all the necessary tools to carry out their work efficiently and professionally. For ULTRA Real Estate, it is not enough to simply show properties. The company is dedicated to training its advisors in the entire sales cycle, from client acquisition to final negotiation. De Simone and Giralt believe that success in the real estate sector requires constant dedication and the ability to build long-term relationships with clients. This is the philosophy they try to instill in their advisors, who are trained to be leaders and entrepreneurs rather than mere property sellers. In addition, ULTRA Real Estate offers ongoing training, inviting local and international professionals to teach workshops that strengthen the skills of its advisors. In this way, they ensure that all members of their team can adapt to the demands of a constantly changing market. ULTRA Real Estate understands that in such a competitive market, innovation is essential. The company has a dedicated marketing department, which is responsible for maintaining a strong social media presence and employing cutting-edge technology for the promotion of properties. With a focus on digitalization and the use of online platforms, Ultra Real Estate remains at the forefront of technological trends in the real estate market. ULTRA Real Estate has a clear vision for growth. Although the company is in its early stages, the founders are already considering expansion options in Paraguay and other countries. However, their priority is to strengthen the current office, building a solid foundation before opening new locations. In the future, they are evaluating the possibility of establishing franchises in other major cities in Paraguay, such as Encarnación and Ciudad del Este, and have received proposals to expand into Chile. Unlike other franchise models, Giralt and De Simone prefer to partner with entrepreneurs who share their vision, rather than selling a franchise and risking losing control over the quality of service. Their goal is to ensure that ULTRA Real Estate maintains its high standards and reputation in every location where it operates. The founders of ULTRA Real Estate anticipate several trends in the real estate market over the next five years. Growth in residential buildings and gated communities, driven by foreign investment and Paraguay's economic stability, is one of them. They also foresee an expansion in the rental sector due to the housing shortage and the development of luxury properties in areas such as Asunción, Luque and Encarnación. In addition, the rise of rural properties for agricultural production remains a strong trend, due to the role of agriculture as an economic driver. The digitalization of the real estate market and the improvement of the country's infrastructure are also factors that, according to the founders, will boost the growth of the sector. ULTRA Real Estate, with its focus on excellence and the development of long-lasting relationships, positions itself as a real estate agency that seeks not only to satisfy its clients, but also to transform the Paraguayan market with professionalism and a vision for the future. Those interested in learning more about their services or in searching for a property should contact them at +595 986 918240 , where their team will be happy to provide the best real estate advice.

On August 8, Mediterránea Paraguay and Icon Houzze celebrated the groundbreaking of their second major project, called "Mallorca." This event, which took place in the Jara neighborhood, was attended by approximately 55 people, including suppliers, colleagues, family, friends and investors. Among the investors, there was an interesting diversity, with participants from Spain, Argentina, Bolivia, Chile and, of course, Paraguay. This launch represents the company's second development in Asunción, after the success of its first project, "Marsella," located in the Las Mercedes neighborhood. One of the distinctive features of Mediterránea Paraguay is its meticulous selection of lots for its developments, always prioritizing a strategic location. The "Mallorca" project is located on Avenida Brasilia, just 60 meters from the Universidad Americana, in the heart of Barrio Jara. This location not only guarantees excellent connectivity, but is also located in one of the most dynamic areas of the city, ideal for a young public, both university and corporate. Barrio Jara is a neighborhood that combines the best of both worlds: a vibrant university life, with more than 12,000 students attending the Universidad Americana in three shifts, and a strong corporate component, with companies such as Grupo Inverto, Grupo Bancard, Banco Sudameris, Banco Itaú and various clinics, including Neolife. This environment makes Barrio Jara an attractive place not only for those looking for a home, but also for those who want to invest in a property with high profitability potential. The "Mallorca" building is distinguished by offering two types of apartments that adapt to the needs of its target audience. On the one hand, there are the studio apartments, which are divided into two versions: the Small Studio Apartment, measuring 26 square meters, and the Studio Apartment with balcony, measuring 33 square meters. These units are designed to be functional and accessible, with prices starting at $42,000, making them a competitive option in the market. On the other hand, there are the one-bedroom units, which occupy the front facade of the building and have a surface area of 51 square meters. These units, ideal for young professionals or couples, are priced from $64,000. This variety of options allows buyers to choose the apartment that best fits their needs and budget. Mediterránea Paraguay has conducted an exhaustive study of the area, analyzing eight competing products located within a radius of less than 800 meters, to provide "Mallorca" with unique characteristics. Focused on a young segment, they have designed amenities that are not common in other developments in the area, and have implemented rigorous security measures to provide peace of mind to their residents. One of the most notable aspects of the "Mallorca" project is the wide range of amenities designed to improve the quality of life of its residents. Towards the main façade of the building on the roof, there is a heated barbecue area and a co-working area, ideal spaces for social or work meetings in a comfortable and modern environment. The building also has a fully equipped laundry room, which includes washing machines and dryers, allowing residents to supply themselves without having to leave the building. On the other rooftop façade, the building offers a swimming pool, a firepit area and a deck that are complemented by a large solarium and an expansion area on the terrace. These spaces have been designed not only for enjoyment, but also to foster an active and healthy community among residents. Security is another fundamental pillar in the design of "Mallorca." The building has three levels of access control. The first filter is located at the entrance on the street; the second, in a first reception area; and the third, in the vertical circulation of the building, where residents must have a PIN or authorization from the doorman to access the common areas and their apartments. This attention to detail in security demonstrates Mediterránea Paraguay's commitment to the protection and privacy of its clients. Mediterránea Paraguay is a young and dynamic company, founded by four Argentine entrepreneurs who decided to bring their experience in real estate development to Paraguay. Each of the partners comes from different parts of Argentina, including Santa Fe, Córdoba and Salta, and all have a solid track record in the real estate sector in their respective home cities. Since its arrival in Paraguay, Mediterránea has demonstrated its ability to identify opportunities and execute high-quality projects. Its first development, "Marsella", located in the Las Mercedes neighborhood, has been a resounding success, with 90% of its units already sold and a delivery date scheduled for December of this year. "Marsella" shares many characteristics with "Mallorca", including the typologies of studio apartments and one-bedroom units, but it also offers two-bedroom apartments, an attractive option for small families or investors looking for larger properties. The success of "Marsella" is largely due to its strategic location and the quality of the product. Located at the highest point of Las Mercedes, the building is surrounded by some 75 commercial premises, making it an epicentre of activity in the area. In addition, like "Mallorca", "Marsella" offers amenities and security measures that add value to the investment. The success of Mediterránea Paraguay would not be possible without the support of Icon Houzze, the partner in charge of the design and construction of its projects. Icon Houzze is a comprehensive architectural studio that was formally established in 2017. Its main partners, Estefanía Pellar and Nicolás Giudici, both architects, have managed to consolidate the company, with more than 25,000 square meters built and designed since its founding. Icon Houzze specializes in high-rise developments and mid-scale housing, offering a comprehensive service that covers everything from design and construction to the equipment and interior decoration of the units. Its ability to manage projects efficiently has allowed "Marsella", Mediterránea Paraguay's first development, to be completed in a record time of 16 months, two months ahead of schedule. Mediterránea Paraguay offers flexible financing options for those wishing to purchase a unit in "Mallorca." Interested parties can opt for a 40% down payment and finance the balance in up to 18 installments in dollars. In the case of "Marsella," which is about to be delivered, there are only two units available, which can be purchased with a 40% down payment and the balance in six installments, with delivery scheduled for December. Mediterránea Paraguay, in collaboration with Icon Houzze, continues to make a difference in the real estate market in Asunción. With projects such as "Mallorca" and "Marsella", the company has demonstrated its ability to identify strategic locations, design attractive products for a young segment and execute high-quality projects in short timeframes. With a focus on innovation, security and comprehensive service, Mediterránea Paraguay is positioned as a key player in the development of the city, offering housing solutions that respond to the needs of the local and foreign market. For more information about the Mallorca building, you can contact Mediterránea Paraguay at +595 971553055.

On August 30, 2024, the General Directorate of Public Registries (DGRP) issued a key provision, Technical Registry Provision No. 06/2024, which marks a milestone in the protection of the rights of real estate buyers and developers in Paraguay. This provision enables a “Special Registry of Annotation of Purchase and Sale Tickets of Units” subject to the Horizontal Property regime, which will be dependent on the Horizontal Property Section of the General Property Registry. This new registry is specifically designed to record the purchase and sale agreements for units built, under construction, or future functional or complementary units, providing increased legal security for both buyers and owners and developers. This regulatory effort is based on Law No. 677/60, which regulates ownership by floors and apartments, as well as its Regulatory Decree No. 2216/68. The enabling of this registry is based on various national regulations, starting with Law No. 677/60 “On ownership by floors and apartments”, which regulates horizontal property in Paraguay. This law is complemented by Regulatory Decree No. 2216/68, which establishes the procedures and requirements for the registration and management of properties under this regime. In addition, the Technical Registry Provision takes into account Agreement No. 1033/2015, approved by the Supreme Court of Justice, which establishes the General Technical Registry Regulation of the DGRP. Previously, regulations had already been established for the registration of sales contracts in subdivisions through Technical Registry Provision No. 7/2023, which was based on Law No. 3966/2010 and its amendments. However, the regulations applicable to sales contracts for units under the horizontal property regime required a more specific extension and regulation, which has been satisfied with this new provision. Pursuant to Law No. 677/60, the sales contracts that are registered in this new registry must comply with a series of requirements detailed in the regulations. These requirements include: the complete identification of the contracting parties, the detailed description of the unit, the surface area, the sale price, the form of payment, the liens affecting the property, the conditions for the delivery of possession, and the conditions for the granting of the deed of transfer of ownership. This level of detail guarantees greater legal security for both buyers and developers. A key part of this process is that registrations must be made exclusively by a public notary, which ensures legality and transparency in transactions. Once the bill of sale is filed with the Registry, the registration process can take approximately 20 to 30 business days, depending on the workload and other factors related to document review. This processing time offers an appropriate balance so that the parties can comply with all legal requirements and avoid future complications. The main objective of this registry is to provide a higher level of legal protection to buyers of units in horizontal property, who will be able to have the assurance that their purchase and sale agreements are duly recorded and protected against possible legal or financial conflicts. This system will also facilitate access to financing for real estate developers, by providing a clear and reliable regulatory framework that encourages continued investment in the sector. One of the most important aspects of this provision is that, once the purchase agreement has been registered in the new registry, the owner of the property will not be able to transfer or encumber the property without the express consent of at least 75% of the buyers. This is especially important in cases where the property is subject to sale in installments or when the developer needs to finance the construction through mortgages on parts of the project that have not yet been transferred. Buyers will also have the right to demand the deed of transfer of ownership of the units acquired, even if the seller is in a situation of bankruptcy or civil insolvency. The provision provides exceptions in specific cases, such as prior embargoes or fiscal, municipal, or service-related or contribution liens on the property. This mechanism is seen as an important step forward, as it reinforces buyers' confidence that their rights will be protected in the event of any eventuality affecting the developer or the original owner of the property. In addition, this new registry will be a key tool to avoid situations of fraud or legal conflicts related to the property and the rights of buyers. Technical Registry Provision No. 06/2024 establishes that for the correct registration of sales tickets in the new registry, they must comply with a series of formal requirements, which include: Complete identification of the contracting parties : Names, surnames, nationality, identity document number, marital status, and address of the contracting parties. Detailed description of the property and the unit : Both the general identification of the property and the specific description of the unit must be specified, including its surface area and floor number within the building. Sales price and payment method : The ticket must include the agreed sales price and the payment terms, whether in cash, in installments, or under some other financial arrangement agreed between the parties. Liens on the property : It is mandatory to specify any liens on the property, accompanied by the corresponding official reports. Conditions of possession and deed : The document must detail the conditions under which possession of the property will be delivered and the circumstances under which the final deed will be granted. These requirements ensure strict control over the purchase and sale of units in condominiums, avoiding any ambiguity in contracts and protecting both buyers and sellers. The real estate sector in Paraguay has experienced significant growth in recent years, driven by the demand for housing and commercial developments under the horizontal property regime. The creation of this new registry will allow real estate projects to continue expanding in an orderly and safe manner, providing guarantees to investors and promoting transparency in real estate transactions. This provision seeks to encourage investment in apartment and flat building projects, providing buyers with greater security over their property rights. This, in turn, will encourage the continued development of real estate projects and help consolidate Paraguay as an attractive destination for both local and international investors. The General Directorate of Public Registries has begun the implementation of this provision, notifying all real estate registry offices in the country, as well as other entities involved in the process, such as the College of Notaries and Lawyers of Paraguay. Likewise, the provision will be published on the institutional intranet of the DGRP and will be submitted ad referendum to the Superintendence Council of the Supreme Court of Justice for final ratification. With this measure, Paraguay takes another step towards the modernization of its registry system and the consolidation of a safe and transparent real estate market. The implementation of the Special Registry of Notes on Purchase and Sale Agreements for Horizontal Property Units represents an important guarantee for the real estate sector and a sign of the country's commitment to economic growth and orderly urban development.

Yesterday, in an event full of expectation, the groundbreaking ceremony of the Petra Imperiale building was held, a project that promises to redefine the skyline of Asunción and consolidate its position as one of the most vibrant and modern cities in South America. This ambitious real estate development will stand as one of the tallest towers in the region, taking our capital to a prominent place on the architectural map of the continent. Petra Imperiale , just two months after its launch, has already established itself as a resounding success in the market, with more than 75% of its units sold. This impressive achievement reflects not only the magnitude of the project, but also the great moment that the Real Estate sector in Paraguay is going through, a sector that is in full expansion and that finds in Petra Imperiale an emblem of its growth and potential. The project will feature a 73-story residential tower, which will become a benchmark for luxury and exclusivity in the region. It will also include a state-of-the-art corporate building, offering innovative and sustainable workspaces that will meet the needs of the most demanding companies. Petra Imperiale 's gastronomic offering will be no less spectacular, with restaurants offering the best of Italian cuisine, creating a top-level culinary destination in the heart of Asunción. Finally, a luxurious hotel operated under the prestigious NH Collection brand will complete the development, offering a five-star service that will attract both tourists and business travelers. The investment in Petra Imperiale exceeds 70 million dollars, a capital backed by Banco Sudameris, which not only finances the project, but also accompanies it at every stage, guaranteeing its viability and success. The work is under the direction of Cronos, a Paraguayan firm known for its rigorous approach to compliance with the highest quality standards. Cronos will be in charge of both the project and the supervision, ensuring that every detail of the construction meets the most demanding expectations. Concrete will be supplied by CECON, a leading company in the production and supply of cement and concrete in Paraguay. The choice of CECON as a supplier ensures that Petra Imperiale is built with the highest quality materials, resulting in a robust and long-lasting structure. The groundbreaking event brought together workers, contractors and construction collaborators who will embark on this monumental challenge. It is estimated that Petra Imperiale will be a source of employment for more than 1,000 families throughout the construction process, injecting millions of guaraníes into the national economy and generating a significant amount of taxes for the city of Asunción. Delivery of the units is scheduled to begin in December 2029, a deadline that, according to Francisco Soldani, Commercial Manager of Petra Urbana, will not only be a milestone in the development of the project, but also a crucial moment for Paraguay. "This project places Paraguay in the big leagues of real estate development. Petra Imperiale will be the fourth tallest tower in South America, a true icon for Asunción, which reaffirms our ability to compete on the global stage," said Soldani. Of the 416 units available, nearly 320 have already been purchased, reflecting the high demand and interest that the project has generated. Prices for the units start at $78,000, and there is still availability in all categories, from studios to one-, two- and three-bedroom apartments. The construction of Petra Imperiale will be carried out in an unprecedented collaboration between AGB and Tecinci, two of the most renowned construction companies in the country. This alliance guarantees the highest quality and efficiency in the execution of the project, thanks to the experience and strength of both firms, which have demonstrated their ability to handle large-scale projects in the past. Founded 46 years ago by engineer Alberto Gross Brown, AGB has been a pioneer in construction in Paraguay. With nearly 290 permanent employees and around 3,000 subcontractors, AGB is distinguished by its triple ISO certification in Environmental Care, Quality, and Occupational Health and Safety. These pillars are fundamental in its approach to construction, ensuring that each project not only meets the highest quality standards, but also respects the environment and the safety of all involved. For its part, Tecinci, with 36 years of experience in the private sector, has been a leading company in the construction of skyscrapers and other large-scale projects in Asunción. It was the first construction company in Paraguay to obtain ISO 9000 certification, and its commitment to quality and safety at work is evident in every project they execute. Tecinci places a strong emphasis on teamwork and creating a work environment where employees can develop and stay long-term. Petra Imperiale promises to be not only an architectural icon, but also an economic engine for Asunción, contributing to urban development and raising the profile of the city on the regional and international stage. For more details about Petra Imperiale , interested parties can call +595 0984 400 800 or write to contacto@petraurbana.com .

In an effort to improve efficiency and security in property management in Paraguay, the Executive Branch and the Judiciary presented this Monday the draft Law of the Unified National Registry, an initiative that seeks to merge and centralize the functions of three key institutions in charge of procedures related to land ownership and real estate registries. This new body, which will be under the jurisdiction of the Supreme Court of Justice, promises to streamline procedures, reduce waiting times and strengthen legal security in real estate transactions throughout the country. The National Unified Registry is established as a technical and administrative body of the Judiciary, with the responsibility of supervising the national cadastre and the public registries related to the assets, acts and rights that must be registered in accordance with the law. The creation of this unified registry represents an absorption, modification and expansion of the functions previously performed by three entities: the General Directorate of Public Registries (DGRP), the General Directorate of the National Cadastre Service (SNC) and the Department of Surveying and Geodesy. One of the main innovations of the bill is the creation of a truly unique cadastral-registration procedure. This procedure aims to reduce bureaucracy for citizens and increase coordination between the main institutions responsible for the real estate reality in the country. The unique cadastral-registration procedure seeks, on the one hand, the registration of data that provide a comprehensive physical, economic and legal description of the properties in the national territory, and on the other, the publicity of the various registered acts or rights so that they are enforceable and produce effects against third parties, or in cases where the law so provides, the perfection of the corresponding right. This procedure is made up of a set of formalities that are carried out before and by the National Unified Registry, from the presentation of an application for registration, annotation or registry publicity, accompanied by the respective document, to its registration, annotation, denial of registration or annotation, or the completion of the relevant registry publicity application. The bill stresses that this unification will help to avoid common problems such as overlapping property titles, a phenomenon that has caused legal conflicts and delays in the past. In addition, the centralization of these functions under a single entity is expected to speed up procedures and significantly reduce the time required to regularize land ownership. Competencies and Structure of the New Registry The National Unified Registry will be exclusively responsible for the formation and maintenance of the cadastre and registry of real estate in Paraguay, as well as the preparation and management of the national cadastral cartography. This includes the dissemination of cadastral and real estate registry information, a crucial task to ensure the transparency and accessibility of property data. Within this new structure, the General Directorate of Cadastre and Real Estate Registry will be created, which will include at least two key departments: the Directorate of Real Estate Registry and the Directorate of Cadastre. The Directorate of Cadastre will be responsible for managing and administering the procedures related to cadastral registration, guaranteeing the ordering of the national cadastre and providing accurate and certified information on the parcel status of real estate. This directorate will operate with a margin of autonomy and functional independence, particularly in the management of technical data and cadastral information. On the other hand, the Real Estate Registry Office will manage and administer the procedures related to the registration of acts, assets and rights with a vocation for registration, in accordance with this law, the Code of Judicial Organization, and its complementary laws. This function is essential to ensure the publicity and legal enforceability of rights against third parties. Technological Innovation: The Unique Cadastral Registry Identification Code One of the most notable innovations of the bill is the implementation of a unique coding system to identify each property through a Unique Cadastral Registry Identification Code (CUICR). This code, which will be alphanumeric, will allow for the precise individualization of properties, compactly representing crucial information about the location of the property by municipality, district, neighborhood, block and lot. The CUICR will become a mandatory physical and legal identification mechanism for all properties, and must be recorded by administrative and judicial authorities in all procedures related to the property. This measure will not only simplify procedures, but will also strengthen legal security by reducing the possibility of errors or fraud in the identification and registration of properties. The certification that the National Unified Registry will administer with respect to real estate will be both registry and cadastral, and will be issued in a single document. This means that the real estate folio of each property will necessarily include the CUICR, and the registry entries will contain the expression of the circumstances related to the subject, object and content of the registrable rights as they result from the title and the registry entries, after documentary qualification by the registrar. Horizontal Property and New Standards for Building Plans The bill also addresses the identification of units in horizontal properties, such as flats and apartments, which must be adequately reflected in the CUICR. Building plans must comply with the standards established by the competent authority, and their presentation will be a requirement for incorporation into the horizontal property regime. These measures seek to ensure adequate regulation and registration of housing units in buildings, which will contribute to clarity and order in urban real estate ownership. Adjustment and Adaptation of Registrations Owners of property or other property rights may request the adjustment of their registrations in accordance with the parameters established by law to obtain the CUICR. The procedure will be supervised by the Supreme Court of Justice, and in cases where there are no discrepancies with the current cadastral records, the adjustment will be carried out without further formalities. However, if overlapping properties or discrepancies with the cadastre are detected, specific measures will be taken to rectify the situation, including publicizing the overlaps and, if necessary, denying the requested adjustment. Data and Public Policy Center The information collected from the land and recorded in the cadastre will be integrated into a data centre that will operate as a relational database, allowing access to key information for the analysis of relevant variables and the determination of the value of the properties. This database will serve as a basis for the formulation and implementation of various economic and social policies, and will be available to national authorities that require it. The bill also includes the digitalisation and automation of as many procedures as possible relating to land ownership. Gustavo Villate, Minister of Information and Communication Technologies, stressed that "with the use of technology, it is expected that these deadlines can even be shortened," which will benefit both citizens and institutions. Reactions and Perspectives The President of the Republic, Santiago Peña, used his social networks to underline the objectives of the bill, highlighting that "this initiative seeks to improve security in the purchase of real estate, avoid overlapping titles, reduce registration and cadastre deadlines, and increase efficiency, transparency and accessibility through the use of technology." The legal advisor to the Presidency, Roberto Moreno, emphasized that the merger of these institutions, which currently operate separately in different branches of government, is part of a broader effort to streamline and modernize public administration in Paraguay. "This unification will allow the process of registering property to be more coherent, faster and safer, which in turn will foster confidence in the country's legal and economic system," Moreno explained. For his part, the Minister of the Supreme Court of Justice, Alberto Martínez Simón, stressed that the implementation of this law will represent a significant advance in the streamlining of the registration processes, in addition to offering greater legal security with regard to private property. "With this draft law, once approved and put into effect, we will make the process much simpler, which will significantly speed up the registration processes, while guaranteeing the legal security of land and private property," said Martínez Simón. The potential impact of this law was also highlighted by the jurist María Mercedes Buongermini, who collaborated in the drafting of the project. Buongermini explained that "today, property registration processes can last several months, due to the nominal deadlines of each institution. With the proposed unification, the aim is for the entire process to be completed in approximately 45 days." This reduction in time, combined with the implementation of a single window, will allow for greater efficiency in the management of procedures, facilitating citizens' access to registration and cadastre services. Finally, Gustavo Villate, Minister of Information and Communication Technologies, highlighted the efforts underway to digitize and automate procedures related to land ownership. Villate said that "we are already working on the digitization and automation of as many procedures as possible, which will allow us to further shorten the timeframes and offer a more accessible and transparent service to citizens." With this bill, the Paraguayan government seeks not only to modernize the property management system, but also to lay the foundations for a more efficient, integrated and citizen-oriented public administration. The implementation of this law is expected to have a positive impact on the country's economic development, by providing a safer and more reliable environment for real estate transactions, and by encouraging greater investment in the real estate sector.