Altea del Sol – a modern apartment development in Asunción, Paraguay

Description

🏙 Altea del Sol – a modern apartment development in Asunción, Paraguay

The Altea del Sol project is a modern residential building under construction in one of the most prestigious districts of the Paraguayan capital – Las Lomas / Manorá, just a few dozen meters from Shopping del Sol and Paseo La Galería, the city’s main business center.

This development is aimed at both people who want to live in the city center and investors looking for apartments to rent.

📍 Location

The project is located in one of the most attractive parts of Asunción, close to the city’s most important landmarks:

• Shopping del Sol – approx. 1 minute

• Paseo La Galería – a few minutes’ walk

• World Trade Center Asunción

• restaurants and bars

• banks, offices, and business centers

This makes it one of the most desirable locations in the capital of Paraguay.

🏢 Investment parameters

The building was designed in a modern urban style.

Key project data:

• 2 levels of underground garages

• ground floor with commercial premises

• 7–8 residential floors

• Approximately 77 apartments

• Modern architecture with large balconies and glazing

🏠 Available apartments

The project offers several types of apartments:

Studio (Monoambiente)

• area of approximately 30 m²

• price from approximately $55,000

Studio Plus

• approximately 36 m²

• prices around $65,000

1 bedroom

• approx. 37.5 m²

• prices approx. $66,000

1 bedroom Plus

• approx. 41.7 m²

• prices approx. $74,000

2 bedrooms

• approx. 85 m²

• prices from approx. $148,000 – $156,000

🏊 Building amenities

The project offers numerous common areas for residents:

• rooftop infinity pool

• gym

• spa and sauna

• coworking space

• game room

• premium lobby

• in-building café

• surveillance and security

📈 Investment potential

The location next to Shopping del Sol makes the apartments very attractive for rent.

They are most often purchased by:

• expats working for international companies

• digital nomads

• investors for Airbnb rentals

The estimated profitability of such projects in Asunción is approximately:

📊 6-8% per annum on rental.

🏗 Schedule

• Start of construction: 2025

• Planned completion: 2027