In the city of Altos, Raíces Real Estate presented a development that combines technology, sustainability and cutting-edge design: a planned community of 65 hectares, white sand beaches, green infrastructure and the first crystal lagoon with waves in the country, marking a before and after in the evolution of gated communities. Last Saturday, November 16th, Raíces Real Estate celebrated the inauguration of Paraguay's first artificial wave pool within a gated community in Altos. The event, shared with homeowners and partners, was not only the opening of a new amenity, but also the consolidation of a residential concept that combines technology, sustainability, and a water-based lifestyle, once again raising the bar for real estate development in the Altos and San Bernardino area. Developing a second gated community of this kind along the Altos-San Bernardino corridor will, on the one hand, consolidate this area as a residential and recreational destination, and on the other, reinforce Raíces' commitment to raising the bar for suburban developments in Paraguay. Aquabrava joins Aquavillage, another of the company's flagship projects, as part of a long-term strategy that combines infrastructure investment, innovative design, and a keen understanding of the preferences of a clientele seeking security, nature, and high-end amenities all in one place. The project also represents a significant leap forward for the developer itself in terms of the technology applied to its communities, from topographic design to the implementation of advanced infrastructure solutions. Jorge, Yolanda, Ernesto y Aníbal Figueredo, miembros del directorio y propietarios de Raíces Real Estate, junto a su madre. Located on the San Bernardino–Altos highway, just 3 kilometers from Aquavillage, Aquabrava spans 65 hectares, comprising 463 residential lots, nine larger lots, and two apartment buildings. It is a planned community, designed to function as a complete residential ecosystem, integrating living areas, recreational spaces, sports facilities, and a direct connection with nature. The development is based on a combination of careful urban planning, high-end gated community security standards, and a strategic location that provides easy access to both the capital and other cities throughout the country. The heart of the project is its expansive reflecting pool, surrounded by white sand beaches that cover over 9,000 square meters and extend almost 360 degrees around the lagoon. Native vegetation, high-level sports facilities, a clubhouse, a swim-up bar, a gym, and tennis, paddle tennis, soccer, and multi-purpose courts unfold around it. The result is a neighborhood that combines comfort, security, and services with a constant sense of recreation: a place where weekends, vacations, and everyday life blend seamlessly into a single, enjoyable experience. Living with the "feeling of the sea" in Altos ceases to be a metaphor and becomes a concrete possibility anchored in technology and design. To take this concept a step further, Raíces opted to incorporate a unique feature in the Paraguayan market: the construction of a crystal-clear lagoon with Wavetech artificial wave technology. This amenity, unprecedented in the country within a gated community, marks a turning point in the national real estate sector. The system integrates state-of-the-art turbines imported from Spain, with technical installation carried out by specialists from Brazil, ensuring the quality and stability of its operation. In addition, a landscape design developed in collaboration with regional experts recreates rocky environments and natural elements inspired by the essence of the sea. The care taken with the lagoon is reflected in the overall design of the neighborhood. The entire urban plan of Aquabrava was developed by a European architectural firm, working on a topography with a difference of more than 40 meters between the highest and lowest points of the site. This condition demanded a sophisticated technical approach, especially regarding stormwater management systems. The neighborhood incorporates a rainwater management infrastructure that captures and channels surface runoff into a natural ravine, where two slopes converge to form a channel that remains dry for part of the year. From there, the water is conveyed to a reservoir located in the lower part of the neighborhood, treated, and subsequently reused for irrigating the green areas. In this way, the project completes an efficient water cycle, aligned with the sustainability principles that inspire it. This green infrastructure is complemented by a landscape design vision that goes beyond mere ornamentation. Raíces has incorporated a nursery within the neighborhood called Garden Market so that plants can acclimate to the soil and climate before being planted, increasing the landscape's resilience and facilitating long-term maintenance. At Aquabrava, special emphasis was placed on the conservation of native species, even identifying some at risk of extinction that are now undergoing specific treatment to encourage their reproduction. The urban design also incorporates a contemporary approach to internal mobility and the quality of public space. Some streets were designed as narrower, one-way streets with curved layouts that help reduce vehicle speeds and prioritize safety. In addition, a network of pedestrian paths runs through the neighborhood, connecting different areas and encouraging walking and experiencing open space as an everyday extension of the home. Alongside the individual lot sizes, Aquabrava incorporates multi-family housing typologies that broaden its appeal. Facing the lagoon with its wave-like surface will be the MAUI residential buildings , conceived as a proposal that combines practicality, a prime location, and a resort experience. The MAUI tower will have five levels and a total of 30 apartments, six per floor: 20 three-bedroom units and 10 two-bedroom units. These apartments are designed for residents who prioritize the comfort and security of living in an apartment building but don't want to sacrifice direct access to all the amenities of a high-end gated community. The units boast privileged views of the lagoon, making the waterscape an integral part of daily life. Sales for MAUI are already underway, and construction is projected to begin next year, adding a new layer of density and variety to the neighborhood's overall master plan. In terms of sustainability, Aquabrava has positioned itself as the first gated community in the country to pursue LEED certification, an international recognition that evaluates projects under strict standards of sustainable construction, resource efficiency, and green infrastructure. While in Asunción LEED certification has been mostly associated with corporate or high-rise residential buildings, Aquabrava seeks to extend that approach to the scale of a gated community. The certification measures the social and environmental impact of the development, the optimization of energy and water resources, and the quality of the built environment. This achievement not only marks a milestone for Paraguay but also places it among the first developments of its kind in Latin America to achieve this distinction, positioning the local market on the global map of sustainable architecture. Aquabrava is currently one of Raíces' most successful developments, boasting one of the company's fastest sales rates: approximately 70% of the neighborhood is already sold, placing it among the top neighborhoods in terms of market absorption. This dynamic is partly explained by the prior experience of many clients in Aqua Village and the maturity of the second-home segment in San Bernardino and Altos. The market recognizes the value of owning a home in a gated community that offers security, professional management, and a range of amenities that, outside of this type of development, would require club membership or significantly larger individual investments. Added to this is the growing importance that younger generations place on sustainability, making Aquabrava's proposition, with its environmental focus and green infrastructure, particularly appealing. Although San Bernardino and Altos have historically been associated with second homes or foreign residences, Aquabrava is beginning to reflect a new trend: more and more Paraguayan families are considering this area as a potential primary residence. The combination of nature, security, good accessibility, and services is establishing the area as a viable alternative to the established city, offering a different yet connected lifestyle. The scale and sophistication of Aquabrava are backed by Raíces Real Estate's track record. The company has established itself as a leading name in the Paraguayan real estate sector, with over 30,000 clients, 32 million square meters developed, and 280 projects across 60 municipalities. Within this portfolio, large-scale gated communities are a specialty: the company has launched 18 such developments, encompassing approximately 10 million square meters and designed to house more than 5,000 families. Its work is based on the declared values of honesty, consistency, and transparency, with ethics and innovation as its core management principles. In this context, Aquabrava presents itself as a synthesis of multiple layers of innovation: the lagoon with artificial waves as a technological and recreational icon; the rainwater harvesting infrastructure as a model of responsible management; the preservation of native flora and the incorporation of nurseries as a commitment to biodiversity and local production; an urban design that prioritizes human scale, active mobility, and security; and a residential strategy that combines lots, apartments, and hotel services to create a complete destination. It is not just a new gated community, but a prime example of where Paraguayan real estate developments can evolve. Aquabrava thus marks a new dimension of living well in Paraguay. It is a project that, due to its scale, level of detail, and ambitious goals, has become a source of pride for the local market and a concrete example of the path that future developments can follow, not only in the gated community segment but throughout the country's entire real estate ecosystem. For further details or to explore investment opportunities related to this development, complete the form below and the developer's team will contact you:

Asunción welcomes a new development in the heart of Barrio Mariscal. Strategically located steps from Shopping Mariscal, Lumiere Mariscal is under construction as a project that combines contemporary design, efficient construction, and affordable prices, spearheaded by Concor Desarrollos and Altanova Construcciones. Last Friday, November 7th, the groundbreaking ceremony for Lumiere Mariscal took place, marking the start of construction on a development that promises to become a new benchmark for urban housing in Asunción. The project is located on the corner of Dr. Juan Eulogio Estigarribia and Rodolfo Zotti streets, steps from the Mariscal Shopping Center, in the heart of Villa Morra, one of the most dynamic, walkable, and sought-after areas of the capital. Its immediate surroundings boast one of the highest concentrations of services and attractions in the city: the Hotel La Misión, Café Juan Valdez, shops, galleries, restaurants, supermarkets, and financial institutions. In recent years, the Mariscal neighborhood has established itself as an urban epicenter where proximity, connectivity, and the experience of neighborhood living combine with the convenience of having everything within walking distance. The project is characterized by its contemporary architectural approach, with expansive floor-to-ceiling windows, a design choice that creates a sense of spaciousness and brightness unusual in its segment. This design not only maximizes natural light, promoting energy savings, but also enhances the aesthetics of the interior spaces and allows for panoramic views of Asunción's corporate district, one of the areas with the greatest construction development and real estate potential in the country. Lumiere Mariscal will feature 14 floors and 87 apartment units, with layouts including one-bedroom units, loft-style duplexes, and two-bedroom options, designed to suit different lifestyles and life stages. Each floor was designed seeking a balance between functionality, comfort, and design, prioritizing spatial quality and visual connection with the surroundings. The building will offer a full range of amenities that enhance the residential experience: an equipped gym, air-conditioned barbecue area, coworking space and a swimming pool that completes a modern, versatile and attractive proposal. Regarding its pricing structure, the project offers prices starting at $64,000, with parking spaces available for $15,000. The payment plan was designed to provide flexibility for buyers: 20% down payment, 70% during construction, and 10% upon delivery—a model that facilitates investment for both first-time homebuyers and those seeking a secure rental opportunity in a high-demand area. The project developer is Concor Desarrollos, a company founded with the purpose of delivering excellence and meticulous attention to detail in every project. Its team comprises professionals with extensive experience in the real estate sector, with a vision focused on combining affordability and superior quality, seeking projects that stand out for their design, solidity, and architectural coherence. Lumiere Mariscal is the company's second development, following the successful Lumiere del Sol, and solidifies its position as a developer committed to creating contemporary and accessible spaces without sacrificing quality or design. Construction will be handled by Altanova Construcciones, a company with over 12 years of experience in the sector, recognized for its technical expertise, commitment to innovation, design, and sustainability. It is part of the Altea Holding group of companies, an ecosystem that integrates various specialized services to offer comprehensive excellence in the real estate and construction industry, with over 100,000 square meters delivered throughout its history. Altanova Construcciones emphasizes that its growth is based on a constant focus on continuous improvement, incorporating technology, processes, and international standards that ensure the final quality of each project. Currently, the company is in the process of implementing ISO 9001, the international standard for quality management systems (QMS) that helps organizations guarantee that their products and services maintain consistency, efficiency, and customer satisfaction. According to the company, this certification represents an important step in the professionalization of its internal processes, ensuring transparency, traceability, and excellence at every stage of construction. Behind Altanova Construcciones is its CEO and founder, Emilio Espínola, a professional with over 20 years of experience in the industry, who has led large-scale and highly regarded projects in the country. Under his leadership, the company has consolidated a corporate culture focused on quality, innovation, and sustainability. In the coming months, Altanova will begin development on a new 22-story building, reaffirming its commitment to the evolution of the sector and its sustained growth within the Paraguayan real estate market. Bernardo Espínola y Emilio Espínola, directores de Altanova Construcciones, durante el inicio de obras de Lumiere Mariscal Their work is based on a 100% BIM (Building Information Modeling) methodology, which guarantees precision, coordination, and efficiency in the design and execution of each project. This technological approach allows them to anticipate clashes, optimize resources, and ensure delivery faithful to the original design. In addition, they implement Autodesk Build software, a comprehensive management tool that enables complete control of construction processes in real time, promoting efficiency, transparency, and communication among all stakeholders. The result of this synergy between Concor Desarrollos and Altanova Construcciones is a project that reflects the maturity of the Paraguayan real estate market and its progress toward international standards of design, quality, and management. Lumiere Mariscal combines a strategic location, architectural elegance, accessibility, and construction excellence, making it a unique investment opportunity and a cutting-edge residential development in the heart of Asunción. To learn more about the project, please complete the following form and a representative from the developer will contact you:

The INE Census reveals how, between 1992 and 2022, occupied housing grew at a faster rate than the population, marking a structural change in the way the country is inhabited and in the configuration of its cities. Over the past three decades, Paraguay has undergone a profound housing transformation that has mirrored, and in some aspects surpassed, the evolution of its population and economy. Data from the National Institute of Statistics (INE) show that between 1992 and 2022, the total number of occupied private dwellings increased from 855,547 to 1,749,336 units. During the same period, the country's population grew by 88%, while the number of occupied dwellings increased by more than 104%. This difference reveals that the growth rate of households with owned or rented homes exceeded that of population growth, suggesting a progressive decrease in household density and an expansion of access to housing. It is important to emphasize that these figures refer to dwellings that are actually occupied—that is, those where at least one person resides at the time of the census—and not necessarily to the total number of available or newly constructed units in the country. A comparison of the 1992, 2002, 2012, and 2022 censuses also reveals a structural shift in the morphology of Paraguay's occupied housing stock. In 1992, single-family homes, the traditional "house or ranch," represented almost the entirety of occupied dwellings. With 817,137 units at that time, this typology accounted for more than 95% of the total. Thirty years later, in 2022, that figure rose to 1,621,209 occupied dwellings, equivalent to a 98% increase. While the absolute number nearly doubled, the growth was lower than the overall average for the housing stock, reflecting a gradual loss of relative share within the total. This change does not necessarily imply a direct replacement, but rather a diversification of the types of housing actually inhabited, driven by new forms of urbanization and the expansion of multi-family construction. The case of occupied apartments or flats is the most representative phenomenon of this transition. In 1992, there were only 7,997 inhabited units of this type; by 2022, the figure had reached 44,145 occupied dwellings. This 452% increase is one of the most significant variations within the census record and highlights the verticalization process that is consolidating in the main urban centers. Asunción and its metropolitan area concentrate most of this growth, fueled by rising land values, the scarcity of available land in central areas, and the pursuit of greater efficiency in the use of urban infrastructure. As the cost of urban land rises and the demand for strategic locations increases, the vertical development model is positioning itself as the most logical and sustainable response for Paraguayan cities. This process is also linked to a demographic and cultural transformation. The average household size has decreased, while patterns of labor and educational mobility are diversifying. Young people, in particular, tend to prioritize proximity to workplaces, schools, or leisure activities, and prefer more compact and technologically integrated housing. These factors converge to shape a new paradigm of urban housing: more vertical, more efficient, and more connected. Another significant change is observed in the so-called "tenancy rooms," a smaller, usually rented, housing category that increased by 201% during the same period. They rose from 22,735 occupied units in 1992 to 68,402 in 2022. This increase is closely linked to rural-to-urban migration and the expansion of low-income urban areas where informality in the rental market remains high. Tenancy rooms serve as a quick and low-cost solution for families or individuals transitioning to urban life, and their growth reflects both the pressure on the formal housing supply and the need for flexible accommodation in areas with high concentrations of employment or education. The expansion of tenancy rooms, in parallel with the growth of residential buildings, reflects the coexistence of two distinct urban dynamics. While the formal market is advancing with increasingly planned, technologically advanced projects geared towards higher-income segments, a significant portion of the population continues to access housing through informal or self-managed solutions, outside of credit and urban planning circuits. The category called “other private housing,” which includes annexes, makeshift dwellings, and structures intended for temporary or shared housing, also grew significantly, increasing from 7,678 to 15,580 occupied units, representing a 103% rise. While less substantial in absolute terms, this growth indicates the complexity of the housing landscape, where non-traditional housing forms respond to specific needs related to mobility, income, or location, and sometimes also to pressures on land availability in metropolitan peripheries. Looking at long-term trends, statistical models based on census data show that, if growth rates continue, Paraguay could reach between 175,000 and 225,000 occupied apartments by 2052. According to projections, this type of housing would increase from representing 2.5% of total occupied housing in 2022 to between 8% and 12% by mid-century. This projection is supported by both the exponential model, which assumes a continuation of the current rate of urban growth, and the logistic model, which considers a moderate slowdown as market saturation is reached. In both scenarios, the conclusion is the same: vertical housing will cease to be a phenomenon concentrated in the central neighborhoods of Asunción and will become a structural component of the country's housing growth. Occupied houses or ranches, on the other hand, will continue to increase in absolute number, albeit at a slower pace. Linear and exponential models estimate that by 2052 there will be between 2.3 and 3 million occupied dwellings of this type, representing sustained growth but with a relative reduction in their share of the total. Proportionally, the predominance of single-family homes will tend to diminish as urban centers absorb most of the demographic and economic growth. Low-density peripheral expansion, while persistent in many localities, will face increasing limitations related to the cost of infrastructure, transportation, and public services. The contrast between the 452% increase in the number of occupied apartments and the 88% increase in the total population highlights the scope of the structural change underway in the country. Paraguay is moving towards a denser, more vertical urban model, more focused on integrated land uses, where land efficiency and proximity to services are becoming key determinants of value. This process not only modifies the physical form of cities but also the social, labor, and economic dynamics that sustain them. High-rise living introduces new patterns of coexistence, demands a different infrastructure, and poses unprecedented challenges for urban planning and the management of essential services. The ongoing transition presents both significant opportunities and challenges. On the one hand, densification allows for better use of existing infrastructure, reduces transportation costs, and promotes more sustainable urban growth. On the other hand, it demands more precise regulations, affordable rental policies, and planning strategies that guarantee quality of life in high-density environments. In this context, the consolidation of modern financial instruments, such as investment trusts, real estate investment trusts (REITs), and securitization mechanisms, could play a central role in the orderly expansion of the residential market, enabling the channeling of private savings toward long-term urban development. Thus, Paraguay in the coming decades is shaping up to be a country that combines the enduring presence of traditional housing with a rapidly expanding multi-family residential typology. Single-family homes will remain predominant, but their dominance will be progressively balanced by a steadily growing stock of apartments. The cities of the future, more compact, connected, and sustainable, will be built around this new equilibrium, where the home will no longer be merely a horizontal extension of the land but will become part of a vertical, collective, and functional structure, reflecting a society that evolves along with its way of living.

In a prime corner of Las Lomas, Aether represents the synthesis between height and harmony: a vertical wellness experience conceived by CIVIS for a new generation of urban dwellers. In the heart of the Las Lomas neighborhood, at the corner of Molas López Avenue and Campos Cervera Street, Aether will rise—a mixed-use tower reaching 180 meters in height, marking a turning point in the evolution of Asunción's skyline. With this impressive project, Aether will solidify its position as the third tallest building in the country and as a new benchmark for innovation, well-being, and sophistication in the Paraguayan real estate market. Its location couldn't be more strategic: right in the heart of the capital's Golden Triangle, bordered by Aviadores del Chaco, San Martín, and Molas López, within the most coveted area of the Las Lomas neighborhood. Within this zone, the strip between San Martín and Aviadores is considered the most attractive urban area, and it is precisely there that Aether is located. The choice of a prime corner location amplifies its value, not only for its urban visibility but also for the possibility of ensuring unobstructed views in all directions. In the developers' words, "a corner project is worth double," and this case is proof of that: an enclave that combines efficiency, future potential, and a direct connection to the urban pulse of Asunción. More than just a building, Aether represents a vertical experience of well-being, productivity, and connection. Its concept focuses on offering a holistic lifestyle, where every detail is designed to balance comfort, aesthetics, and functionality. With over 2,250 square meters distributed across more than 35 amenities, the building redefines the concept of high-rise living, prioritizing the physical and emotional well-being of its residents. The project's architecture embodies a philosophy of elevated living, where spaces inspire serenity, movement, and productivity. Aether is the skyscraper with the highest proportion of amenities per square meter in the Paraguayan market, featuring four levels of common areas that extend the length of the tower. On the ground floor, the project will integrate a selection of dining options, culminating in a five-star restaurant of over 500 square meters, designed for 120 diners and offering room service for residents. On level 7, located on the transition slab between the parking garage and the tower's shaft, one of the most comprehensive social areas in the country will be concentrated. There, a range of amenities focused on overall well-being will be developed. The Green Zone, a natural elevated park, will feature a swimming pool for adults and children, a bar, a solarium, zen spaces, a jacuzzi area, a massage room, an outdoor calisthenics gym, outdoor play areas, and pet areas, all surrounded by native vegetation, reinforcing the project's environmental identity. In the Wellness Zone, well-being takes center stage with a fully equipped indoor gym, a spa area, a hair salon, a massage room, saunas, and an environment designed to reconnect body and mind in a serene and contemporary setting. On a social level, Aether offers spaces dedicated to entertainment and socializing: a movie theater, a clubhouse with a golf simulator, a pool table, arcade machines, a vending machine with snacks, a video game room for teenagers, a children's playroom, and air-conditioned lounges with grills for private gatherings. A tasting room also stands out, inviting guests to enjoy exclusive gastronomic and wine experiences, elevating social life to an unprecedented standard in the city. Level 31 is dedicated to a suite of executive amenities, a space where work, inspiration, and networking converge. It houses a modern Business Center with meeting rooms and a Nomad Hub, a space designed for digital nomads, content creators, and professionals seeking flexibility. This space will feature recording booths for podcasts and live streaming, as well as four connectable barbecue areas that can be used for larger corporate or social events. On the 50th floor, reserved exclusively for owners of penthouses located between levels 43 and 49, a collection of amenities unique in the country will be available. These limited-access spaces will offer an unprecedented experience in the Paraguayan real estate market, with unparalleled panoramic views and luxury services designed for a select clientele. Beyond its architecture and spaces, the heart of Aether lies in its concept: a life with integrated services, where time is optimized and everyday experiences are enriched. Its exclusive amenities include housekeeping, pet showers, car washes, tire inflation, hot/cold delivery storage, temporary luggage storage, and room service, replicating the comfort of a five-star hotel within residential living. With 241 residential units and ground-floor commercial spaces, Aether will offer a variety of layouts to suit all lifestyles: studios, one- and two-bedroom apartments, lock-off units, and penthouses with double parking and storage. All units will feature open views and private balconies, reinforcing the principle of visual and spatial connection with the surrounding environment. Prices start at USD 69,000, with direct financing available for up to 72 months and flexible payment options, including the possibility of trading in vehicles or land as partial payment. The project is also integrated into CIVIS's 360° ecosystem, a network of services that allows investors to operate entirely passively. This system includes Better Space, a company dedicated to smart and flexible furnishings; Networkers, home automation specialists who allow users to control their units from their cell phones; and CIVIS's rental platform, which manages more than 100 units under administration, both for traditional and short-term rentals. In addition, CIVIS offers its own financial services, trusts, and private investment funds, all designed to digitize and simplify the investor experience. The CIVIS Community, currently in beta, is the technological hub of this ecosystem. From there, users can book amenities, monitor their investment in real time, check account statements, and access their investor or client profile, all without intermediaries. This platform aims to automate real estate management and create a direct channel of communication between the user and their property, laying the foundation for a fully digital model that promises to continue evolving with new features and loyalty programs. In line with its environmental commitment, Aether will carry the EDGE seal, an international certification that recognizes its energy efficiency, optimized water use, and sustainable materials. This recognition reinforces CIVIS's vision as a developer committed to responsible architecture and urban sustainability, pillars reflected in all its recent projects. Aesthetically, Aether combines elegance and purity in a timeless architectural language. Its design is based on the architecture of well-being, where natural light, fine materials, and balanced proportions define a sensory space that invites calm and connection. Construction will begin in January 2026 and is expected to last approximately three and a half years, with completion anticipated for July 2030. With over 210,000 m² built and 1,200 units sold, CIVIS has positioned itself as one of the country's leading developers, driving a new paradigm of housing and sustainable profitability. In the last 18 months, the company launched 85,000 m² onto the market, achieving an absorption rate of over 90% in its CIVIS X and CIVIS XI projects , demonstrating public confidence in its model. Aether represents CIVIS's 13th project, marking a new stage of maturity for the company. In the words of its team, this development symbolizes "a continuous evolution, a personal and spiritual journey ascending from the mundane to the ethereal." This metaphor for growth and vision reflects the essence of a company that has learned, evolved, and today is establishing itself as a pioneer in creating smart and sustainable residential experiences. The construction will be carried out by Codas Vuyk, a firm with over 40 years of experience and a solid track record of high-quality projects, characterized by their technical precision, on-time delivery, and excellence. Their involvement guarantees that the realization of Aether will maintain the highest construction and engineering standards. This launch marks a new era for CIVIS and for Paraguayan architecture. With the best price per square meter in the area, guaranteed appreciation, a smart services ecosystem, and architecture that inspires well-being, Aether is projected as the emblem of Asunción's urban future: a symbol of sustainability, elegance, and elevated living, where the art of inhabiting reaches its highest expression. Complete the form below to learn more about Aether and be part of the new era of vertical wellness in Asunción:

The EDGE certification obtained by Paseo del Sol represents a historic advance for Encarnación and consolidates the evolution of the Paraguayan real estate market towards international standards of efficiency and sustainability. Encarnación has reached a new milestone in its urban development with Paseo del Sol , which has just become the first building in the city to receive the international EDGE (Excellence in Design for Greater Efficiencies) certification. The project, currently under construction, was officially recognized for meeting the energy efficiency, water conservation, and environmental impact reduction standards established by this global distinction. With a total area of 5,580 square meters and a prime location overlooking the Paraná River, Paseo del Sol solidifies its position as a benchmark for sustainability and marks a decisive step in the evolution of contemporary architecture in Encarnación toward more efficient and responsible construction models. Currently more than 40% complete, Paseo del Sol is scheduled for delivery in March 2027. Market interest has been remarkable: more than 80% of the units have already been sold, with prices starting from USD 79,500, consolidating the project as one of the most attractive residential options in the south of the country. The EDGE certification awarded to Paseo del Sol is the result of comprehensive planning that combines intelligent design, technological innovation, and a long-term vision. The project achieved a 23% energy savings, a 42% water savings, and a 26% reduction in embodied energy of materials—figures that reflect a commitment to efficiency and urban sustainability. The EDGE methodology, developed by the International Finance Corporation (IFC), a member of the World Bank Group, evaluates the environmental performance of buildings and recognizes those that optimize resources from design to operation. Beyond the technical achievement, obtaining this certification represents a competitive advantage for both investors and future residents. In market terms, a certified building offers higher resale value, lower operating costs, and a reduced risk of technical obsolescence. For those who live in the development, the advantages translate into superior daily comfort: natural ventilation, efficient lighting, and low-consumption systems reduce electricity and water expenses while contributing to a higher quality of life in healthy environments. Living in a certified building also means being part of a lifestyle where personal well-being is integrated with respect for the environment. Paseo del Sol 's achievement of EDGE certification marks a turning point in how real estate development is conceived in Encarnación. This recognition not only positions Paseo del Sol as a pioneer in sustainability but also solidifies the city's status as a regional leader in innovation and environmental responsibility. In a context of sustained growth, where tourism, infrastructure, and private investment drive urban expansion, the incorporation of international standards reinforces a modern and resilient vision for Encarnación's development. This advancement lays the groundwork for a progressive transformation of the market, inspiring other developers, institutions, and citizens to adopt more conscious criteria in design and construction. Paseo del Sol is being developed by CRESIA SA, in partnership with Acostruir SA, and has the technical and construction support of Codas Vuyk, a company with over 47 years of experience in the sector. Pioneers in promoting quality and sustainability in Encarnación, this team has completed three projects, has one under construction, and has new projects underway, reaffirming its commitment to social progress, construction efficiency, and the city's urban development. The EDGE certification obtained by Paseo del Sol not only raises the standard of local construction, but also confirms Encarnación's potential to lead the transition towards more sustainable, efficient architecture aligned with global trends for a responsible urban future. For more information about the project, please complete the form below:

Conceived as part of the Mariscal Urban Center master plan, the project integrates an office tower, two residential towers, and a gastronomic and commercial promenade. The complex proposes a denser, more diverse, and more connected city model, where proximity and integration of uses reshape the urban experience of the Recoleta neighborhood. As part of the transformation of Shopping Mariscal into a more integrated and diverse urban center, Central Mariscal emerges as a mixed-use development that redefines the notion of centrality in Asunción. The project comes at a time when the city is moving towards more balanced densification, where residential, corporate, and commercial spaces are beginning to coexist in walkable environments with their own distinct character. Located in the Recoleta neighborhood, on a 5,500-square-meter plot of land, the complex brings together the main components of contemporary urban life: a 15-story office tower, two MORE Mariscal residential towers developed by Altius Group Paraguay, a gastronomic and commercial promenade, and four underground parking levels. This design reflects a comprehensive vision that seeks to concentrate the city's core functions in a single location, generating synergy among diverse activities and reducing the need for long commutes. Central Mariscal's strategic location near Shopping Mariscal allows it to organically integrate with the existing urban fabric. Cafes, services, shops, and cultural spaces already coexist in a vibrant neighborhood network that maintains its human scale, while new developments, such as the MORE residences, and the restoration of the historic mansion contribute density and architectural renewal. This balance between the new and the existing transforms the complex into a true Amenity Hub, where working, living, or simply spending the day are all part of the same urban experience, sustained by proximity and a diversity of uses. The urban design builds upon this neighborhood identity and seeks to strengthen it through balanced densification and more efficient mobility. Wide sidewalks, plazas, and pedestrian walkways integrate the various components of the complex and foster daily interaction, while Recoleta's network of active, cross streets facilitates pedestrian navigation and reduces travel times. Central Mariscal does not stand out as an isolated structure, but rather engages with the neighborhood's morphology, extending the network of public spaces and consolidating an urban model where proximity, accessibility, and human scale define quality of life. The complex's culinary offerings extend the neighborhood's vibrant hours and reinforce its character as a meeting place. The historic mansion will house El Café de Acá, along with the Mexican restaurant Hacienda Las Palomas and the Italian gelateria Quattro D, all featuring open terraces and a contemporary design geared towards outdoor gatherings. These new establishments complement the commercial expansion of Shopping Mariscal, which has already added international brands such as Victoria's Secret, Bath & Body Works, and Parfois, creating an offering that combines gastronomy, culture, and retail within easy walking distance of any point in the complex. The guiding principle of this development is proximity: the possibility of living, working, shopping, socializing, and relaxing within the same pedestrian radius. Unlike other corporate and residential hubs in Asunción, Central Mariscal builds upon a pre-existing neighborhood fabric, with easier mobility and transversal connectivity to the Eulogio Estigarribia, Cruz del Chaco, and Charles de Gaulle axes. This urban design prioritizes walkability and direct engagement with public space, creating an active corridor that fosters daily interaction and reduces dependence on cars. Within the Central Mariscal complex, the corporate tower represents the newest addition and one of the most significant for Asunción's real estate market. With a total constructed area of 18,930 m², of which 11,767 m² are dedicated exclusively to offices, it sets a new standard for workspaces in the country. Designed to Class A building standards, the tower combines technical efficiency with an urban design that prioritizes the experience of its occupants. The office floors are modular and flexible, allowing for configurations adaptable to different business scales. Each level incorporates open views, ample natural light, and high-quality materials that ensure comfort and durability. The laminated glass facade, raised access floors, premium finishes, and state-of-the-art elevators guarantee smooth and quiet operation, in line with the efficiency and connectivity standards demanded by contemporary businesses. The building is integrated into the rest of the complex through a system of approximately 300 underground parking spaces, with independent access and direct connection to the commercial and dining area. This configuration facilitates internal traffic and improves accessibility without disrupting pedestrian flow at street level. Beyond its architectural features, the tower's true distinguishing characteristic lies in its immediate surroundings. Direct access to cafes, restaurants, shops, and everyday services fosters a more dynamic and human work environment. From a business perspective, this integration serves as a tool for attracting and retaining talent, an increasingly important factor in today's corporate culture. Being able to have lunch on a terrace, grab a coffee between meetings, or handle tasks without leaving the workspace transforms the daily routine into a more fluid and productive experience. Firms such as Mersán Abogados, Petrosur, and Capasu have already confirmed their presence in the tower, while the developer group's track record supports the model's strength: the first corporate tower linked to Shopping Mariscal houses Banco Atlas, LG Electronics, Cadiem Casa de Bolsa, and Fortaleza, among other leading companies. This ecosystem consolidates the area as a growing corporate hub, with an occupancy profile that combines professional, financial, technological, and business consulting services, reflecting the maturity of the high-end office segment in Paraguay. With the handover of the corporate offices beginning in October, Central Mariscal marks a milestone in the transformation of Shopping Mariscal into a complete urban district. The addition of offices, restaurants, and retail reinforces a strategy that transcends the scale of a traditional shopping center to become a vibrant hub of activity, both day and night. The interconnectedness of the complex's various components—offices, residences, retail, and cultural spaces—creates a vision for the city where proximity and functional integration replace fragmentation and dispersion. Each element complements the others, generating a balance between productivity, leisure, and community. This evolution confirms the central role of the complex and positions Central Mariscal as a benchmark for the new cycle of urban development in Asunción. Its contribution is not measured solely in terms of built area, but also in its capacity to redefine the urban experience, promoting a more connected, accessible city model that is more mindful of its human scale. The Mariscal Urban Center embodies the trend guiding Latin America's most dynamic capitals: thoughtful densification, meaningful integration, and purposeful living. In the heart of Recoleta, the great heart of Asunción beats with renewed intensity.

REALPY Desarrollos presented its new project in Recoleta, a modern and functional building that combines design, technology and a strategic location in one of the fastest growing areas of Asunción. Last night, REALPY Desarrollos officially launched Aires de Gaulle, its new residential project in the Recoleta neighborhood, marking a new milestone in the evolution of an area that is consolidating itself as one of Asunción's main centers of growth and appreciation. The event took place at La Cuadrita, a gastronomic and social hub that symbolizes the dynamism of the area, in keeping with the development's philosophy: living close to everything, with comfort, technology, and contemporary design. Guillermo Rotela, Commercial Manager at REALPY Desarrollos Conceived under the concept of a warm, vital and moving air, a metaphor for the Paraguayan spirit, Aires de Gaulle proposes a new way of inhabiting the city, where functionality, home automation and strategic location are integrated into a clear value proposition: live intelligently, invest with vision. The project comprises 63 units distributed among studios, one-bedroom, and two-bedroom apartments, all with balconies and private laundry facilities. The studios, ranging from 28 to 31.5 m², were designed to maximize space efficiency; the one-bedroom units, of 39 and 50 m², and the two-bedroom units, up to 80 m², incorporate private grills and home automation systems that connect to Alexa Home and feature smart locks, providing comfort and security adapted to new urban lifestyles. In terms of infrastructure, the building will feature two state-of-the-art TKE elevators and a selection of premium amenities that cater to both residential living and the pursuit of holistic well-being: an infinity pool with hydromassage, a spa with sauna and massage room, a fully equipped gym, gourmet barbecue areas, a coworking space, a mini-cinema, a game room, a terrace with a fire pit, a children's play area, and a restaurant on the ground floor facing Charles de Gaulle Avenue. The complex thus balances residential use with a high-quality service and entertainment offering within a compact and efficient design. Pre-sales of the project have exceeded 40% of the units before the official launch, a figure that reflects market confidence in the REALPY brand and the positive reception of the proposal. Investors highlight the sustained profitability, low maintenance, and construction quality, while young buyers particularly value the strategic location, functional design, and technological integration that distinguish the project within the upper-middle segment. With prices starting at $42,420 and 30-month financing, the project offers an accessible and attractive opportunity for both first-time homebuyers and those prioritizing investments with appreciation potential. Aires de Gaulle stands out in its segment by offering a rare combination of moderate pricing, superior construction quality, fully equipped and automated units, and a wide range of amenities that enhance the overall value. All of this in a strategic location in Recoleta, ideal for both living and ensuring excellent returns. Located at the corner of Charles de Gaulle and Mac Mahon, Aires de Gaulle is situated within an urban environment that has experienced a surge in recent years. The Recoleta neighborhood has established itself as one of Asunción's fastest-growing, most developed, and most valuable areas, driven by its proximity to the Mariscal district, its connectivity to major thoroughfares, and the consolidation of La Cuadrita as a gastronomic and social hub. This urban ecosystem, which blends neighborhood tradition with modernity, has become a magnet for local and foreign investors who recognize its potential for medium- and long-term appreciation. In this context, Aires de Gaulle fits naturally into the picture as a modern, profitable, and forward-thinking project that combines location, technology, and comfort in a format that responds to both housing demand and new urban investment strategies. According to the developers, construction is scheduled to begin in December 2025, with an estimated delivery date of December 2027, maintaining the standards of compliance, efficiency, and quality that characterize REALPY Desarrollos. The company thus reaffirms its commitment to consolidating Recoleta as one of the epicenters of urban development in the capital. Following the success of Aires Recoleta , its first project launched in 2024 and completely sold out, the firm continues to expand its portfolio with new developments to be announced during the first half of 2026. Among them, one will be developed outside of Asunción, marking the beginning of a territorial expansion strategy aimed at replicating the brand's model of quality and sustainability in other cities across the country. The construction of Aires de Gaulle will be carried out by Altanova, a Paraguayan company established in April 2013 with extensive experience in civil works and real estate developments. Its motto, “With quality and technical excellence,” summarizes a philosophy that prioritizes rigorous adherence to construction standards and the satisfaction of the end customer. Aires de Gaulle ultimately symbolizes the evolution of the contemporary residential model in Asunción: a building that combines design, technology, profitability, and quality of life in a neighborhood that is growing with its own distinct identity. In a market where the balance between investment and well-being is increasingly crucial, REALPY Desarrollos once again demonstrates that modernity and profitability can, and should, coexist in the same project.

Cristina Aquino and Florencia Gismondi, advisors at C21 Wilson-Chihan, analyze the renewed dynamism of the Historic Center and share a view from direct experience on how private interest, tax incentives and public policies are beginning to transform the heart of the capital. For decades, Asunción's Historic Center was a territory suspended between memory and oblivion. The epicenter of the country's political, cultural, and commercial life for much of the 20th century, the area gradually lost its vitality as development centers shifted to Recoleta, Villa Morra, Carmelitas, Las Lomas, and the new hubs of the corporate district. However, in the last year, the narrative has begun to change. The combination of still-competitive prices, tax incentives, new public and private projects, and the arrival of investors with a long-term vision is restoring prominence to a sector that holds a significant portion of the capital's architectural and symbolic heritage. The movement isn't massive, but it is consistent. Agents who work regularly in the area report a steady increase in inquiries, visits, and closed deals for properties with heritage value, as well as greater interest in strategic corner locations and buildings with redevelopment potential. The buyer profile is becoming increasingly defined: foreigners from Europe, North America, and Oceania, as well as Paraguayans who have lived abroad and recognize the city center as an investment opportunity with historical, cultural, and financial significance. This group seeks properties with character, original facades, and architectural elements that preserve the essence of old Asunción, while also valuing the possibility of integrating them into contemporary projects such as boutique hotels, aparthotels, restaurants, or short-term rental units. The sale of recently restored historic mansions, such as Casa Alegra, managed by Florencia Gismondi, demonstrates how a well-structured strategy can translate into concrete results. In this case, the property, completely renovated but preserving over ninety percent of its original materials, sold in just two days, following a market analysis that aligned its price with the actual range buyers are paying per square meter in the area. These types of transactions show that when the price is competitive and the property is well-positioned, demand responds quickly, even in a market that has lagged behind for years. Today, according to surveys by real estate agents, land prices in the Historic Center range from $230 to $330 per square meter, depending on the location. These levels are significantly lower than in areas like Villa Morra or Ykua Satî, but with projected appreciation as the urban revitalization process progresses. In this regard, one of the main challenges remains the gap between the list price and the actual selling price. Properties offered well above the market range tend to remain unsold for years, while those priced at their true value find buyers willing to close deals quickly. The cost of restoring a heritage house is high, especially when original features and period construction techniques are preserved. However, this type of investment attracts a type of buyer who seeks not only profitability but also a sense of identity. In many cases, these are internationally experienced individuals interested in living in or repurposing spaces that convey history and authenticity. Meanwhile, recent trends also include the purchase of older buildings and corner properties for temporary housing or small-scale developments, a segment in which Cristina Aquino has completed several significant transactions in recent years. The scarcity of modern apartments in the city center presents a clear opportunity for investors who can offer affordable units geared toward public employees, young professionals, or students who work or study in the area. According to estimates from local agents, more than six thousand people enter and leave the historic center daily for work, but the housing supply is virtually nonexistent. Consequently, projects that combine restoration and new construction can find a profitable niche with a strong urban impact. Buyer interest is bolstered by the new regulatory environment. The Municipality of Asunción has approved a historic property tax reduction of up to 52 percent for properties located within the perimeter of the Historic Center that preserve or restore their original facades. The measure, which covers approximately 685 hectares, represents a structural shift in the capital's urban policy and seeks to incentivize private investment in an area where maintenance costs are high and tax burdens have discouraged heritage restoration for years. This tax benefit is already in effect and is one of the most important drivers for the revitalization of the central area, replicating strategies that have proven successful in other Latin American capitals, where architectural preservation has become a catalyst for new urban and tourism developments. Alongside these incentives, public interventions, though slow, are beginning to take effect. The Inter-American Development Bank loan earmarked for the revitalization of the historic center, the underground wiring and sidewalk improvement plans spearheaded by the First Lady's Office, and the collaboration between the Secretariat of Culture and the Ministry of Public Works in the restoration of museums and emblematic buildings are all part of a broader urban renewal process. The private sector is also starting to play a leading role, with initiatives around the Port of Asunción and the riverfront promenade led by developers like G5Pro, who plan to transform former industrial areas into new hubs for housing, culture, and entertainment. Some real estate developers are also actively searching for land within the historic center, especially for vertical development projects. In recent weeks, there have been acquisitions of large properties by major private groups who recognize not only the appeal of the new tax scheme but also the boost generated by public investments in infrastructure, urban revitalization, and the restoration of architectural heritage. The private sector, both local and foreign, is thus beginning to strategically position itself in the heart of the capital, anticipating a gradual revaluation of the central area that could solidify in the coming years. Despite renewed interest, the city center still faces structural challenges. Street cleanliness remains a recurring concern for residents and businesses. While new containers and collection systems have been implemented, a lack of civic awareness and insufficient coordination between authorities and residents hinder sustainable results. A perception of insecurity also persists, especially in areas where the police presence, far from providing reassurance, reinforces the feeling of risk. However, those who live or work downtown agree that urban life has visibly improved, particularly on weekends, when the streets are filled with families, cultural events, and food activities. The investment equation in Asunción's Historic Center combines economic, heritage, and emotional variables. On the one hand, the market offers prices that are still low compared to the rest of the city and acquisition opportunities in prime locations. On the other hand, the restoration of heritage buildings provides access to a scarce type of asset with symbolic and cultural value that is difficult to replicate. Added to this is a public policy environment geared toward revitalization and a global trend toward reclaiming historic centers as spaces of identity, tourism, and urban life. If regulatory, infrastructure, and security conditions continue to improve, the city center could solidify its position as one of the capital's most dynamic sectors within the next three to five years. For developers with the capacity for architectural intervention, for investors with a medium-term vision, and for citizens seeking to reconnect with Asunción's living history, the time to once again look to the heart of the city seems to have arrived. The Historic Center, with its blend of past and future, is re-emerging as a land of opportunity, where urban memory can be transformed into economic value and where the beauty of the old is once again synonymous with the future.

Petra Tower represents an unprecedented achievement in Paraguayan engineering, combining design, innovation, and technology in the tallest tower ever built in the country. Sofía Cartes, presidenta de CECON; Carlos Guasti, presidente de Grupo Petra; y Connor McEnroy, presidente de Banco Sudameris, durante la inauguración de Petra Tower. With an event that brought together prominent figures from the public and private sectors, Grupo Petra officially inaugurated Petra Tower, the tallest building in Paraguay and a new icon of the Asunción skyline. The ceremony was attended by Mr. Connor McEnroy, president of Banco Sudameris; Sofía Cartes, president of CECON; Dr. Raúl Latorre, president of the Honorable Chamber of Deputies; the mayor of Asunción, Luis Bello; as well as investors, clients, representatives of TECINCI, directors, managers, and collaborators of the development group. The opening of Petra Tower marks a historic milestone for Paraguayan engineering and architecture, consolidating the vision of a modern, ambitious Asunción in sync with the region's major capitals. At 179 meters tall and with 43 levels, the project redefines the urban skyline and symbolizes a new stage of evolution for the capital. During the event, the president of the Petra Group, Carlos Guasti, highlighted the symbolic and technical significance of the project: “Today, Asunción receives a new legacy. It is the beginning of a modern Asunción, a city we have been dreaming of for many years and that is now becoming a reality. This tower is the beginning of a new era and the starting point for many other projects to come. It is the beginning of an Asunción that is in tune with the cities of the region.” Petra Tower represents the culmination of a sustained growth process that has accompanied the group's trajectory since its inception. Over the course of nearly a decade, Grupo Petra took on new challenges, evolving from smaller-scale residential buildings to large-scale projects such as Ágora and Fórum Molas López, which marked a turning point in the verticalization of the city. With Petra Tower, that vision reached its peak, consolidating the dream of building the tallest building in the country. Conceived in 2021, Petra Tower was born as a high-impact urban and technological project, developed with the advice of international experts in high-rise structures and architectural design. These experts include professionals with experience in the skyscrapers of Balneário Camboriú, a Brazilian city known for housing the tallest residential buildings in South America, and in the Sena Tower, considered one of the tallest in its category in the world. One of the project's most innovative contributions was the collaboration with the University of Genoa (Italy), which participated in the building's aerodynamic study through wind tunnel testing and the development of sensors installed on different floors to measure wind behavior at high altitudes. This initiative generated unprecedented information for the country, which will serve as a reference for future large-scale projects. The building's construction posed unprecedented technical challenges for the local industry. CECON, the company in charge of the concreting, had to design a new type of mix and logistics to pump concrete to a height of more than 170 meters, a procedure never before attempted in Paraguay. Furthermore, the elevators, construction equipment, and transportation systems were adapted to operate in extreme conditions, establishing new standards of safety and efficiency. Petra Tower incorporates advanced digital monitoring systems that allow real-time monitoring of water tanks, electric generators, and fuel levels. A French-sourced power distribution system was also implemented, a technology used in high-end corporate buildings that distributes power through encapsulated busbars, reducing the risk of fire and electromagnetic interference. This system, installed in partnership with the National Electricity Administration (ANDE), makes Petra Tower the first residential building in the country with this level of energy automation. In terms of security, the tower is equipped with hydrants on all floors, pressurized emergency systems, and continuous monitoring of the facilities, positioning it as a benchmark in vertical infrastructure. The building's architectural design balances functionality, aesthetics, and technology, with a structure designed to optimize the residential and urban experience. The first six levels are designated for parking, ensuring capacity, accessibility, and safety for both owners and visitors. The building has 199 apartments distributed across two large segments. Two-bedroom units are located on levels 8 to 26, designed for families and residents seeking greater space and comfort. On floors 28 to 42, studio and one-bedroom units are located, geared toward young professionals and short-term rentals. On the 27th floor is the Kessel restaurant, a first-class dining experience open to the public and offering one of the most impressive views of Asunción. This same level also houses a pool and a children's play area, providing a recreational and meeting space for residents and visitors. The 43rd floor houses another level of amenities, with a panoramic gym, two indoor barbecue areas and a semi-open barbecue area, a pool, and a smart mini-market that allows shopping via facial recognition (Face ID) and credit card payments, designed exclusively for residents. This segmentation responds to a planning approach that seeks to integrate different user profiles within a single complex, harmonizing lifestyles and housing needs in a vertical environment that redefines the experience of living in the city. Petra Tower also incorporates a Building Management System (BMS), which digitally monitors all building services, offering owners centralized control over consumption and maintenance. Although Petra Tower received international consulting, its entire development, design, and execution were carried out by Paraguayan engineers, architects, and technicians. From the product's conception to its final construction, the project was executed with national labor and under the direction of Cronos, a Petra Group company dedicated to the design, planning, and supervision of construction projects. The group, which currently comprises nine companies, encompasses various areas of the real estate business: Petra Urbana and Invicta as developers; Asunción Apartment, Ciudad Modelo, Remax Urbana, and Hestia, focused on commercial management and rentals; Cikla, dedicated to recycling and waste management; and Alma, responsible for the complete furnishings of the units, amenities, and common areas of the building. Grupo Petra's vision is now geared toward the development of mixed-use projects, such as Petra Imperiale and Invicta Mariscal, which integrate housing, offices, entertainment, and services in a single complex. "Our goal is to provide comprehensive urban solutions that address people's daily lives within a single space. We want Asunción to grow not only in height, but also in quality of life," said the group's president. The concept of "rebuilding Asunción" permeates the company's philosophy. With more than 2.7 million inhabitants in the metropolitan area and just 600,000 residents in the capital, the group seeks to promote projects that encourage people to stay and enjoy urban life in the city, creating a more active, livable, and sustainable environment. With its imposing 179-meter structure, cutting-edge technology, and comprehensive design, Petra Tower not only redefines Asunción's skyline but also positions Paraguayan engineering at a new level of regional excellence. The building stands as a symbol of modernity, resilience, and a vision for the future, the result of collaborative efforts between Paraguayan companies, institutions, professionals, and hundreds of collaborators who participated in its construction. For Grupo Petra, the tower represents more than just an architectural work: it is a declaration of principles and a symbol of collective achievement. Its development reflects the capacity of Paraguayan talent to tackle complex challenges, incorporate innovation, and raise quality standards at all levels. With this project, the company reaffirms its commitment to urban progress and a vision for a country that looks to the future with determination. With the opening of Petra Tower, Asunción takes a firm step toward the future, consolidating its transformation into a city that looks upward, but with its feet firmly planted in the talent and capacity of its people.

Located in the heart of Las Lomas, Met del Sol elevates the concept of urban living in Asunción, emphasizing proximity, efficiency, and functional elegance. The JGL Casatua Consortium, comprised of Jiménez Gaona y Lima and Casatua Real Estate, held the groundbreaking ceremony for Met del Sol, officially marking the start of construction on the site located on the corner of Narciso R. Colmán and Dr. Cirilo Cáceres Zorrilla, in the heart of the Las Lomas neighborhood of Asunción. The event brought together the consortium's principals, Ramón Jiménez Gaona, Oscar Bedoya, Juan Francisco Gils, and Santiago Steed, along with the architectural, construction, commercial, and investment teams involved in this new development. Beyond the symbolic nature of the event, the meeting marked a new chapter in the consolidation of a vision that seeks to redefine the standard of urban living in Paraguay, integrating design, functionality, and sustained value. Met del Sol is the fourth project in the Met series, a line of buildings that evolves with each launch, adapting to new ways of living and consolidating an architectural identity that combines sophistication, efficiency, and a precise understanding of market needs. The Met brand, born from the conviction that true luxury lies in the coherence of aesthetics, comfort, and durability, represents a philosophy that transcends the purely architectural. Each development stems from accumulated learning, from observing how the ways of living, working, and interacting with the city change. Thus, the series has managed to build a conceptual continuity where each building perfects the previous one, combining technological innovation, contemporary design, and a special sensitivity to the urban environment. During the event, Estefanía Dubarry, the Consortium's Commercial Manager, emphasized that "each Met represents an evolution," recalling that these projects are born from listening to the market and from the shared conviction of continuing to contribute to the development of the Las Lomas neighborhood with lasting projects. This purpose is reflected in the attention to detail, technical precision, and commitment to architecture that remains relevant over time. In a context where real estate growth is often measured by volume, Met del Sol reaffirms that true progress is defined by quality, consistency, and vision. Located on one of the most strategic corners of the Las Lomas axis, steps from the Shopping del Sol and just minutes from the capital's main restaurants, corporate offices, medical centers, and cultural venues, the project offers a privilege that has become rare in Asunción: living close to everything. In a city where distances require travel by car, this development proposes a new interpretation of urban planning: the possibility of enjoying a walkable life, where each day becomes an efficient and pleasurable experience. The location not only offers convenience but also an intangible quality that today defines urban luxury: the freedom of time. Living in Met del Sol means enjoying a connected environment, where everyday life is simplified and personal space is expanded, not by size, but by harmony and design. The building, with only 35 apartments, reaffirms the brand's pursuit of intimacy, comfort, and exclusivity. The 28 one-bedroom and 7 two-bedroom apartments were conceived with an obsession with optimizing space, light, and natural ventilation. Each unit reflects a balance between elegance and functionality: integrated kitchens with La Bella Cucina appliances and Silestone countertops, floor-to-ceiling sliding windows that expand the boundaries between inside and out, and a comprehensive home automation system that allows lighting, air conditioning, and security to be controlled from a smartphone. Everything is designed to offer a contemporary, practical, and sensorial experience, where the design does not seek to impress, but rather to improve the quality of everyday life. The eighth floor of Met del Sol is conceived as a space for connection, relaxation, and well-being. It houses amenities that embody the philosophy of balance between work and leisure: a ten-meter pool with a sundeck and outdoor showers, a gym with access to the terrace, an indoor barbecue grill that expands onto a pergola terrace, a sauna area with a shower, and a Whisky Room designed for more intimate and relaxed gatherings. Each space was designed to stimulate residents' physical and emotional well-being, promoting enjoyment and socialization within a controlled and serene environment. These spaces seek to offer tools for a more balanced life, where aesthetics and functionality blend naturally. The project also reflects a technical and environmental commitment to efficiency and sustainability. From the choice of premium materials to the integration of energy-efficient faucets and appliances, Met del Sol is built on a foundation of responsibility, durability, and precision. Every construction decision reflects a vision that prioritizes long-term quality, understanding that a well-designed building not only generates economic value, but also urban and social value. In a country with a stable economy and a booming real estate market, developments of this nature consolidate Paraguay as an attractive and reliable destination for real estate investment, especially in a global context marked by uncertainty. The launch of Casatua Hospitality, the consortium's hospitality division, reinforces this comprehensive vision. With an approach that combines property management with contemporary hospitality standards, the brand offers a model that guarantees absolute comfort for residents and superior profitability for owners. From the design of the spaces to personalized 24/7 service, everything at Casatua Hospitality is designed to anticipate desires and exceed expectations. Its philosophy is summed up in a clear premise: they are not simple operators, but creators of experiences. This division differentiates itself by offering a comprehensive service that transcends traditional management, integrating intelligent design, efficient operations, and attention to detail that turns every stay into a memory and every investment into a living asset. The JGL Casatua Consortium bases this proposal on a consolidated track record and a reputation based on trust. The union between Jiménez Gaona y Lima, a leading construction company in engineering and infrastructure, and Casatua Real Estate, a developer with a strategic vision and a strong commitment to design and personalized service, has given rise to a synergy that redefines high-end real estate development in Paraguay. Its most notable projects include Jade Park, Met Las Lomas, Met Santa Teresa, Met Molas López, Cosmopolitan, Casa M, and Matter, all conceived under a common theme: the pursuit of excellence and the creation of sustainable value. With Met del Sol, the consortium once again consolidates its leading role in Asunción's corporate and residential district, helping to transform the urban landscape with projects that connect with their surroundings and elevate the city's standards. It's not just about building a building, but about creating a way of life that combines exclusivity, design, and connectivity. In a capital that is beginning to discover the nuances of contemporary urbanity, Met del Sol stands as an urban refuge for those seeking to inhabit the future with elegance, intelligence, and purpose. To learn more about Met del Sol, please complete the form below.

The Asunción City Government's Department of Private Works is promoting an internal reform that combines digitalization, statistical control, and collaborative management to accelerate plan approval, optimize technical processes, and support the capital's building growth with greater efficiency and transparency. The Asunción City Government's Department of Private Works is advancing an institutional modernization process aimed at streamlining the approval and regularization of plans, optimizing administrative procedures, and strengthening taxpayer service. Under the direction of architect Nicolás Chaparro, the municipal department initiated a comprehensive restructuring that seeks to reduce processing times and improve the efficiency of the technical system through digital tools and a more collaborative management system. One of the first actions implemented by the new administration was a thorough review of pending files. The technical team began analyzing each case, identifying bottlenecks that were causing delays and stoppages in the process. Based on this review, a direct follow-up mechanism was implemented, through which those responsible for each file are contacted to resolve observations and move toward approval. This approach made it possible to streamline the circulation of documents and, at the same time, generate a positive impact on municipal revenue, which is expected to close the month with favorable results. One of the most important pillars of modernization is the optimization of the Comprehensive Tax Administration System (SATI), a platform that allows for online tracking of technical files. The system update significantly reduced the bureaucratic process that traditionally accompanied the approval of plans. The adjustments implemented, along with the IT equipment, aim to improve the traceability of procedures and monitor the work of each responsible technician in real time, creating a more transparent and efficient environment. Digitalization has also reached internal communication channels. Through a shared database across different areas, the team can check the status of files, prioritize cases based on their age, and directly file complaints about identified delays. This simple yet effective tool has enabled a substantial improvement in daily coordination and responsiveness to taxpayers. At the same time, the Department has introduced a dynamic morning operational meeting that allows for more precise planning of the workday. These meetings establish priorities, distribute responsibilities, and share progress reports with the technical team, consolidating an administrative culture based on organization and discipline. Another key component of this new phase is the implementation of an internal statistical control system. Starting this week, the Directorate will begin publishing weekly reports with precise data on the number of resolutions issued, plans approved, regularizations, and demolitions carried out. This mechanism will allow results to be measured, trends to be identified, and concrete improvement goals to be established, strengthening accountability and institutional planning. The goal is to build an administrative structure capable of responding swiftly and predictably to the growing demand for construction projects in the capital. Systematic monitoring of these indicators will allow not only the evaluation of the team's performance but also anticipate technical needs and coordinate more efficiently with other municipal departments. Asunción's growth continues to set the pace for public administration. According to an analysis by the Department of Private Works, the city maintains a sustained trend of building expansion, with a strong concentration in the city's corporate hubs and in emerging development areas such as the Costanera and the Las Lomas neighborhood. The year is expected to close with a significant increase in the number of approved plans compared to the previous period, reflecting the confidence of the private sector and improved administrative turnaround times. The administration headed by Chaparro seeks to consolidate a more efficient and service-oriented system, reducing unnecessary procedures and eliminating requirements that do not add technical value, without altering the formal steps established by current regulations. The goal is to maintain control and quality standards, but with a more modern and pragmatic approach that aligns with the dynamic investment in the city. With this transformation process, the Directorate of Private Works is positioning itself as a key player in the consolidation of Asunción's urban development, promoting more agile and transparent public management aligned with the real needs of the real estate market and industry professionals.

With more than five hectares designed to integrate commerce, services, education, and urban life, the Raíces Real Estate project is consolidating itself as a new planned development hub that drives the transformation of Alto Paraná. With a surface area of over five hectares, the new Commercial Area was designed to become the main hub for services, education, and social life in the region. Its objective is to boost the economic growth of the immediate surroundings while offering residents and visitors a complete urban experience, underpinned by accessibility, safety, and quality. In this first phase, the development includes the development of eight commercial lots, ranging in area from 960 to over 3,000 square meters. These spaces are intended for the installation of retail stores, convenience stores, restaurants, and gas stations, creating a functional base that meets the community's daily needs and promotes economic activity within the neighborhood and its surrounding area. In a second phase, Raíces Real Estate plans to incorporate corporate spaces, educational areas, health centers, and ample parking areas, thus completing a balanced urban fabric that supports Hernandarias's growth and elevates the region's service standards. The development of the area will be carried out over an estimated 48 months, although final progress will depend on the pace of construction by each investor or owner within the complex. In this first phase, the lots will be available exclusively for sale, with no direct leasing options from the developer. However, buyers will have full freedom to use their spaces for rent in the future, encouraging the diversification of commercial uses. The new commercial center does not emerge as a standalone project, but rather as a natural extension of Costa del Lago's comprehensive concept, which combines nature, high-level infrastructure, and a lifestyle based on everyday experience. The central idea is to strengthen the gated community's ecosystem, offering proximity to essential products and services while remaining in harmony with the residential environment. In this way, residents will be able to enjoy the convenience of having shops, restaurants, and services just minutes from their homes, while maintaining the safety, urban design, and construction quality that distinguish the Raíces Real Estate brand. The balance between commercial and residential spaces will enhance the living experience within the neighborhood, fostering a sense of community and belonging. Located on Route PY07, also known as the Export Corridor, Costa del Lago occupies a strategic position within the Alto Paraná expansion axis. This privileged location makes the new commercial area a key point for regional economic integration, with direct connections to the department's main logistics and urban corridors. The project seeks to attract both local SMEs and established commercial operators, creating a mixed environment that fosters complementary services and business development. This openness to diverse investment profiles will boost commercial flow and enhance Hernandarias' competitiveness compared to other urban centers in the eastern part of the country. The launch of the commercial area represents the natural evolution of a project born with a comprehensive urban vision. From its inception, Costa del Lago was conceived as a development that would combine residential living, nature, and waterfront experiences, integrating contemporary architecture and a unique landscape. Its main icon, a 2.9-hectare crystalline lagoon surrounded by white-sand beaches, symbolizes the spirit of the project: to create a space where quality living, well-being, and connection with nature are enjoyed 365 days a year. Over time, the project has established itself as one of the most emblematic gated communities in Alto Paraná, combining first-class infrastructure, security, and a growing community that today sees in this new milestone an opportunity to continue expanding. With the Commercial Area, Raíces Real Estate not only expands the scope of its flagship project in Hernandarias, but also promotes the creation of a new planned urban axis, designed to meet the real needs of the population. The addition of shops, offices, educational institutions, and basic services will transform the dynamics of the area, generating employment, investment, and increased economic activity. This step also responds to a growing trend in the Paraguayan market: the consolidation of multifunctional gated communities, which integrate housing, services, and recreation in a single environment, reducing commutes and promoting more efficient and sustainable living. With more than 33,000 clients, 35 million square meters of development, and 300 real estate projects in more than 60 municipalities across the country, Raíces Real Estate is positioned as one of the leading companies in the sector. Its specialization in large-scale gated communities—more than 20 developments totaling 15 million square meters—has helped redefine the urban growth model in Paraguay. The company is part of the Paraguay Global Compact, a United Nations initiative that promotes sustainable business practices, and is distinguished by an ethical, innovative, and responsible approach in all its operations. These values are reflected in each of its projects, reaffirming its commitment to quality, transparency, and building communities that transcend time.