Property in Asunción's historic center

Area and regulations:

• Total area: 1,773 m²
• Central Regulation Area
• Up to 17 floors permitted for hotel development

Existing hotel on Estrella Street:

• Lot: 188 m²
• Frontage: 7.5 m | Depth: 25.90 m
• Building: 12 floors
• 69 rooms
• Capacity: 154 guests
• 2 elevators
• Private transformer
• Water tank: 40,000 L + pump room

Ideal for conversion, reactivation, or integration into a larger development.

Lot/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?
It combines something practically nonexistent in downtown Asunción:

• Dual frontage (Estrella and Oliva)
• Zoning that permits height (up to 17 hotel floors)

This allows for:

• Modern hotel or complete conversion
• Mixed-use development (hotel + commercial + corporate)
• High-end tourism or gastronomic project