Palmanova Pacheco Breaks Ground: A New Architectural Icon in Paraguay-cms

December 6, 2024

KATUETE SRL, in a year filled with remarkable achievements, proudly celebrated the groundbreaking of Palmanova Pacheco, marking the beginning of its third large-scale real estate development.

The event, led by Adrián Soria, General Director, and Enmanuel Brítez Rettori, General Manager and partner, was attended by investor partners, strategic allies, and special guests.

This project has already achieved significant commercial success, with 50% of its units sold within just two months of its official launch on September 11, 2024, underscoring the confidence placed in KATUETE SRL and its unique, value-driven proposition.

Palmanova Pacheco stands out for its modern design, high construction quality, and strategic location in the Recoleta neighborhood.

The building will feature 18 floors and 87 units designed to meet the expectations of a discerning clientele. Its floor plans include one-, two-, and three-bedroom apartments, ranging from 55 to 140 square meters, all finished with premium materials.

The architecture, led by Jasper Architects, showcases composite aluminum façades and double-glazed windows, ensuring energy efficiency, thermal and acoustic insulation, as well as a functional and aesthetic design.

Sustainability is also a key pillar of the project, integrating vertical gardens, rainwater collection systems, and technologies that minimize environmental impact.

The strategic location of Palmanova Pacheco is one of its greatest assets. Situated just four blocks from Shopping Mariscal, in the heart of Recoleta, the project offers proximity to shopping centers, international schools, hospitals, and main avenues. This setting ensures excellent connectivity, access to premium services, and a privileged urban lifestyle — ideal for young couples, families, and professionals who value quality, safety, and functionality.

The project’s design and concept reflect a vision that blends modernity and sustainability with a strong focus on residents’ well-being. Palmanova Pacheco redefines luxury with two floors dedicated exclusively to amenities. On the fourth floor, residents will enjoy a 276-square-meter gym with a sauna and relaxation area, a 120-meter elevated running track, a coworking space, private offices, a children’s playroom, and laundry areas.

On the rooftop, located on the 18th floor, there will be an infinity pool with a jacuzzi, two climate-controlled barbecue lounges, a green garden, and a “Starlight Corner” equipped with a telescope for stargazing. The ground floor will feature a café and bicycle parking spaces, reinforcing the project’s sustainable urban concept.

The commercial success of the project is reflected in the high demand it has generated. Units are available starting at a base price of USD 1,500 per square meter, with 10% increases every six months depending on demand. The strategic partnership with Banco GNB has been key in facilitating access to these properties, offering financing with competitive rates and terms of up to 30 years, with no down payment required.

The construction schedule is progressing as planned. The project, which has already begun with earthworks and foundation work, is expected to be completed by May 2027. This commitment to punctuality and quality reinforces KATUETE SRL’s reputation as a leading player in the Paraguayan real estate market.

KATUETE SRL has transformed the real estate landscape in Paraguay by shifting from horizontal to vertical development. Notable projects include Palmanova Las Mercedes, a 20-story building with 128 units on General Santos Street, and Palmanova Villa Morra, located in an exclusive neighborhood with 8 floors and 37 units.

Palmanova Pacheco is not just a building but a visionary project that combines innovative design, sustainability, and a prime location to deliver an unparalleled residential experience. With this new development, KATUETE SRL reinforces its commitment to excellence and continues to lead the way in Asunción’s urban transformation.

For more information about the project and pre-sale options, interested parties can complete the following form. Palmanova Pacheco represents a unique opportunity to invest in an architectural masterpiece that redefines the standards of the real estate market in Paraguay.

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