Catedral, Estrella & Juan E. O'leary, Asunción, Paraguay
U$S 18,500,000,000
Gs. ~105,550,726,000,000 / U$S 10,434,292/m2
US$ 10,434,292/m2 · 2772176% pricier than the median of Catedral
Published 5 months ago
Area
1773
Category
Land
Views
286
1,773 m² property in Asunción Historic Center
A unique property in Asunción Historic Center, in a strategic location.
Location:
It has street-to-street access, connecting Estrella and Oliva streets, between Avda. Colón and Montevideo.
It is steps from the Port of Asunción, one of the city's growing cultural hubs, where art, gastronomy, and activities constantly energize the area. It is also near the new government office hub, which drives demand and ensures continuous activity.
https://maps.app.goo.gl/mCKxruNbNPGmm3Xr6
Area and regulations:
Total area: 1,773 m²
Central Regulation Area
Up to 17 floors permitted for hotel development
Existing hotel on Estrella Street:
Land: 188 m²
Frontage: 7.5 m | Depth: 25.90 m
Building: 12 floors
69 rooms
Capacity: 154 guests
2 elevators
Own transformer
Water tank: 40,000 L + pump room
Ideal for conversion, reactivation, or integration into a larger development.
Land and parking on Estrella:
Area: 580 m²
Frontage: 17 m
Depth: 11.50 m
Side: 34.90 m
Total frontage on Estrella: 24 meters
Heritage mansion on Oliva:
Area: 501 m²
Frontage: 12.20 m
Depth: 42 m
Unique added value for premium gastronomic, cultural, or commercial development.
Vacant lot on Oliva:
Area: 504 m²
Frontage: 13.8 m
Depth: 39.5 m
Total frontage on Oliva: 26 meters
Why is this opportunity unique?
Because it combines features that are practically nonexistent in downtown Asunción:
Dual frontage (Estrella and Oliva)
Zoning that allows height (up to 17 hotel floors)
This allows for:
A modern hotel or complete conversion
Mixed-use development (hotel + commercial + corporate)
