La Encarnación, La Encarnacion, Asunción, Paraguay

U$S 1,850,000

U$S 1,043/m2

Published 3 months ago
Bathrooms

1

Area

1773

Construction Year

2025

Category

Land

Views

434

Double-front lot in the Historic Center, La Encarnación

Unique opportunity in Asunción’s Historic Center: a 1,773 m² lot with frontage on both Estrella and Oliva streets, between Avda. Colón and Montevideo.

Strategically located steps from the Port of Asunción, a growing cultural hub with art, gastronomy, and dynamic activities. Close to the new government office hub, ensuring continuous foot traffic and sustained demand.

Lot composition:

  • Existing hotel on Estrella: 188 m², 12 floors, 69 rooms, 154 guests, 2 elevators, private transformer, and 40,000 L tank
  • Parking on Estrella: 580 m²
  • Heritage mansion on Oliva: 501 m², cultural and commercial value
  • Vacant lot on Oliva: 504 m²

Regulations:

The Central Regulation Area allows up to 17 floors for hotel development.

Development possibilities:

Modern hotel conversion, mixed-use project (hotel, commercial, and corporate), or high-end tourism and gastronomy venture. A combination virtually nonexistent downtown: dual frontage, height allowance, and potential for urban revitalization.

Angel Benítez | Century 21 White | ID: 48711

Listed by 2 agencies

The same property in other agencies' listings on our site. Prices as each agency publishes them.

Same price everywhere: U$S 1,850,000

Property details

ID

Category

Type

Area

Terrain

1737571

Land

Sale

1773

17732

Rooms

Bathrooms

Construction Year

Code

Updated

2

1

2025

QD2037

2026-07-15

Location

1.9м U$S

Location

Asunción

Address

La Encarnación, La Encarnacion, Asunción, Paraguay

What's nearby

Public transport
2, 9-1, 9-3, 13, 15-1, 15-2, 15-3, 21, 23/24, 27, 38, 41-3
70 m · 1 min walk · 23 within 1 km
Supermarket
Biggie's Express
300 m · 4 min walk · 9 within 1 km
School
COLEGIO LOS OLIVOS
130 m · 2 min walk · 74 within 1 km
Pharmacy
El Alamo S.A.
140 m · 2 min walk · 23 within 1 km
Park
420 m · 5 min walk · 72 within 1 km
Show 6 more
University
UTIC - Facultad de Derecho
690 m · 9 min walk · 21 within 1 km
Hospital or clinic
Centro de Salud No.3
430 m · 5 min walk · 3 within 1 km
Beach
Playa de la Costanera
850 m · 11 min walk · 2 within 1 km
Bank or ATM
Vision
50 m · 1 min walk · 67 within 1 km
Restaurant or café
Bigote Cerveceria
110 m · 1 min walk · 102 within 1 km
Gym
Vit360
180 m · 2 min walk · 8 within 1 km

Straight-line distance, walking time at 4.8 km/h. Map data © OpenStreetMap contributors

Amenities

Suitable for office

Additional Actions

Century 21 White
+59...655
+59...655
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