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High-quality apartments in Caacupe
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Project description
High-quality apartments in a green setting sums up this project perfectly. The plans of real estate developer PYRILO are moving forward. The project includes a condominium consisting of high-quality apartments that meet the high demands of immigrants and the Paraguayan middle and upper classes. The aim of this project is to create high-quality, affordable living space in a liveable environment for a better quality of life. Unlike the typical standard in Paraguay, the building will be integrated into a beautiful park with many large trees. Due to its central location on the edge of the center of Caacupé (the capital of Cordillera in Paraguay), this project perfectly combines the areas of “living in the countryside”, “quality” and “good connections” under one roof.
And the best thing about it all is that if you ever feel like going away, you can simply close the door behind you and don't have to worry about whether your otherwise vacant house is really safe from burglars.
Nothing stands in the way of your trip, as the capital city is only around 50 km away and can be reached quickly and easily via the Caacupé highway bypass.
The project is currently still in the planning phase, which is why not all detailed information can be published yet. If you are interested in the project, we recommend that you use the contact form to sign up for our contact list to receive further information and keep up to date with the progress of the project.
A little tip: Interested parties who are on our contact list will always be the first to receive the latest information and will also be the first to hear about the official project launch. So sign up now!
Project key figures
Estimated number of apartments: 56
Apartment sizes: from approx. 60 m² to approx. 100 m²
Park area: approx. 4,500 m²
Special features: Swimming pool, caretaker on site, walking paths, trees, small stream
High-quality apartments in Caacupe at a reasonable price
In the middle of a large green park with trees on 4500m².
Directly next to an asphalt street.
In the center of Caacupe.
In contrast to the overpriced apartments in Asuncion, here you get high quality at a much better price.
Location
Macro location
The project is located in Caacupé, the capital of the state of Cordillera, and is only around 50 km from Asuncion, the capital of Paraguay. The two cities are connected by the new Ruta 2. The international airport in Luque (next to Asuncion) is also not far away. Ruta 2 also takes you very quickly to the Brazilian side of the Iguazu Falls, the largest waterfalls in the world.
Infrastructure
The project is located in the center of Caacupé. The town's public park is just a few meters away and offers opportunities for walking, jogging or other sports activities. The town center with cafes, restaurants, hospitals, four grocery stores, banks, the basilica and many other stores is also within walking distance.
Micro location
Caacupé is a growing city with a lot of green nature and is a well-known pilgrimage site among South Americans thanks to its basilica (see picture). The town is particularly popular with emigrants from Europe who want to live in the countryside but still close to Asuncion. Caacupé plays a major role regionally due to its infrastructure and location, which means that many people come from the surrounding area to shop and work.
Mobility
The property is located directly next to a paved road. There is therefore no need to drive on sandy roads to get to the property. There is also a bus stop within walking distance. The town center can be easily reached on foot via public paths. There is also a choice of cabs, mototaxis and Bolt if you don't have a car.
Property & building
The property
The property comprises approx. 4500 m² and is located in the center of Caacupé. It is probably the last plot of this type and size in such a sought-after location. The entire area is overgrown with beautiful old trees, most of which are to be preserved and integrated into the planned park surrounding the building. A small stream flows at the rear end of the property, inviting you to take a leisurely stroll, linger and enjoy the gentle sound of rippling water and birdsong. The front of the property borders a paved road, which provides perfect access to the local infrastructure.
The building
The planned building is expected to have 10 floors and will meet the high standards of quality and comfort expected by Europeans and North Americans. Two smaller apartments (approx. 60 m²) with one bedroom and four larger apartments (approx. 100 m²) with two bedrooms are planned for each floor. High-quality building materials will be used, including excellent windows, robust walls and doors as well as spacious interiors to enhance the living experience. “Rabbit houses” with narrow doors and cramped rooms, as can sometimes be found in Asunción, are reserved for the projects there.
For whom is the project of interest?
Apartment seekers
The apartments in this modern high-rise building are perfect for anyone looking for central living in green surroundings without having to worry about gardening. The surrounding park and central location offer the best of both worlds. A panoramic view of the greenery and a pool on the floor next to the building also ensure rest and relaxation.
People who want to secure their money
By buying one or more apartments, it is possible to cleverly and easily withdraw your assets from countries where CBDCs are being developed and thus cleverly protect your money from unwanted access and state surveillance and control. By exchanging your hard-earned money for real assets in a politically and economically stable country like Paraguay, you can escape the clutches of the greedy central banks of the industrialized nations. Thanks to the growing real estate market in Paraguay, there is also the opportunity to achieve long-term returns through capital appreciation or rental.
Perfect for retirees
The property is ideal for retirees looking for a warmer country with plenty of sunshine and low costs of living. The building is located in the center of the pilgrimage town of Caacupé, so the city center is within walking distance while still living in the countryside. Due to the proximity to neighbors, it is possible to stay in contact with others if desired and not be isolated on a remote property. Caacupé also offers good health care with its three hospitals (public & private) and many specialists. Security is provided by a camera system and a caretaker. And best of all, the lack of taxes on pension payments means that you have considerably more left over from your pension.
Frequent travelers looking for the ideal home base
The building is only around 50 km from Luque International Airport. This makes it the ideal home base for frequent travelers who are looking for a place to relax in the countryside between trips. Due to the low cost of living in Paraguay, you can maximize your travel budget and still have a place to return to between trips. The advantage of an apartment in this project over a remote single house is that you don't have to find/pay a watchman or worry about break-ins while you're away. Additional protection is provided by a camera surveillance system and the presence of a caretaker. True to the motto “Closed door, no worries”, you can enjoy your next trip without a care in the world.
Paraguay as a safe Plan-B
Whether as a plan B to have your foot in the door or simply as a second leg to stand on because you are regularly in Paraguay, this project is ideal for exactly that. It's the ideal way to organize affordable accommodation without taking a big risk or having the disadvantages that come with a remote single house when you're not there.
Newcomers in Paraguay
For people who have just arrived in Paraguay, the apartments in this project offer the opportunity to have a first address for their arrival in Paraguay. The advantage is that you don't have to look for something suitable to rent, but can move straight into your own apartment. From the comfort of your first own four walls, you can explore the surrounding area and look for a suitable plot of land without stress, should you wish to build your own home. After all, searching for, finding and buying a suitable plot of land can take a year or more. Building your own home can then take another year. During this time, it is important to live close to the building site in order to regularly monitor the progress of construction. An apartment in this project allows you to do just that. It also saves you spending unnecessary money on rent. When you are ready to move to your own property, you can either rent the apartment to others, which can generate income, or you can sell the apartment to benefit from the increase in value.
Investors
This project is also of great interest to investors. Caacupé is growing steadily and benefits from its position as the capital of the Cordillera region and as a popular pilgrimage destination. The city constantly attracts tourists, merchants and visitors from the surrounding communities. At the same time, Caacupé is a preferred place of residence for European immigrants who appreciate high-quality and modern living options. In recent years, more and more immigrants from North America, Australia and New Zealand have also opted for this region.
Particularly attractive for investors: the growing demand for long-term rental apartments. The city is home to four hospitals, whose high-income professionals guarantee a solid rental market. The only existing high-rise building in Caacupé is fully rented and clearly demonstrates the need for modern housing solutions.
Tourism in Caacupé also offers great potential. The many pilgrims and visitors open up lucrative opportunities for short-term rentals, which promise additional cash flow.
Investors benefit not only from the potential stable income, but also from the continuing increase in the value of real estate in Paraguay - a market with excellent prospects for smart investments.
Who is behind this project?
This project is initiated by the company PYRILO S.R.L, which specializes in the development of projects in Paraguay. The two founders, Reiner Riensberg and Christoph Löwy, have set themselves the goal of creating high-quality, liveable and affordable living space for people with higher quality expectations. With many years of experience in the Paraguayan and European real estate sector as well as in-depth knowledge of building technology, construction, marketing and sales, they have the necessary know-how for such a project.
The Riensberg family's high-rise building in Caacupé, which has already been completed and is fully rented, is living proof that the demand for apartments in Caacupé is real. Even then, the focus was on a higher quality standard. However, the new project, which is now being built under the management of PYRILO, sets a completely new benchmark in terms of quality and comfort.
PYRILO S.R.L.'s in-depth knowledge of what Europeans and North Americans value and the expertise gained from previous projects make it the ideal developer to create forward-looking living spaces in Caacupé.
FAQ
F: When will the sale of the apartments begin?
A: The start of sales is planned for mid-2025. At this time, the apartments will be available to purchase at an attractive discount. Prices will increase when construction starts. Due to the limited supply, it can be assumed that all apartments will be sold before the start of construction.
F: When is the start of construction?
A: Construction is scheduled to start in Q1 2026.
F: When will the apartments be finished?
A: The construction period is approx. 2 years. The apartments are therefore expected to be completed in Q1 2028.
F: Are there discounts?
A: Yes, people who buy before the start of construction will receive a special price. If you buy several apartments or pay the total price before the start of construction, there will also be special conditions.
F: How do I obtain further information?
A: Fill out the contact form below to receive information and updates on the project.
F: Will there be bigger apartments with more than 2 bedrooms?
A: Yes, the building concept provides for the possibility of combining 2 apartments. For example, one apartment with one bedroom and one apartment with 2 bedrooms (approx. 160 m²) or 2 apartments with 2 bedrooms (approx. 200 m²) can be combined.
F: Is this a legitimate project?
A: The answer is clearly yes! PYRILO has already paid the deposit for the property and will have completed the purchase by the start of sales. For the owners of PYRILO, it is important that everything is done properly. The widespread sale of projects in Paraguay where the initiators do not even own the land on which the project is to be built is something we consider to be highly dubious. For this reason, PYRILO will not accept any money from customers until all the framework conditions have been created so that the project can actually be implemented.
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