Investment property for sale on Av. Artigas, Asunción

Height and technical coefficients (Artigas corridor regulations - FM-1B):

• Buildability Coefficient (C.C.): base of 3.5 to 4.0, expandable to 5.0+ with development incentives and transfer of development rights.
• Estimated buildable area: on a 532 m² plot, allows for 1,800 m² to 2,600 m² of buildable area.
• Maximum permitted height: 6 to 8 floors (ground floor + 5 to 8 levels). For special mixed-development projects: offices, commercial premises, and residences.
• Maximum Site Occupancy Ratio (T.O.M.): 70% to 75% of the land area.

Technical details and dimensions:

• Plot area: 532 m².
• Frontage on Avda. Artigas: (North) 15.60 m and rear frontage (South) 13.35 m.
• Sides: (West) 37.65 m and (East) 38.20 m.
• Existing built area: 528 m², suitable for renovation, immediate rental income, or demolition for a new project.
• Utilities: all basic services are available at the property (water, three-phase electricity, sewage and stormwater drainage, paved road).

Strategic advantages:

• Full connectivity: minutes from Asunción’s new corporate center, Costanera, and key access routes.
• Excellent frontage for customer parking and logistics access.
• High profitability: set up to offer rentals in 3 independent blocks or zones within the same building, with high commercial demand.

Average rental rates per m² (Artigas Avenue):

• Retail premises or showrooms (ground floor on the avenue): 12 to 22 USD/m² (approximately Gs. 90,000 to Gs. 160,000/m²).
• Corporate offices or administrative spaces: 8 to 15 USD/m² (approximately Gs. 60,000 to Gs. 110,000/m²). Rates for premium or furnished flex-style offices may reach 20–25 USD/m².
• Storage, warehouses, and logistics (A1 / support space on or near the avenue): 3.5 to 6 USD/m² (approximately Gs. 25,000 to Gs. 45,000/m²).

Property estimate (528 m² built):

• If rented as a complete commercial or corporate property: estimated rent is between Gs. and Gs. per month (approx. USD 4,000 to 6,000/month), depending on the property’s adaptations.

Location:

Artigas near Capitán Lombardo.