Asunción's city government reported approximately 571,604 m² of approved high-rise projects in 2025, compared with about 398,850 m² in 2024, an increase of roughly 43.3%. Approved area is not the same as built, sold or occupied floor space.
Scope and market
The municipality identifies development corridors including Santa Teresa, Aviadores del Chaco and Molas López. Permits indicate a potential future pipeline, but projects may progress over multiple years.
What must be verified
Absorption analysis requires actual construction starts, completions, presales, vacancies, prices and final demand. A permit cannot be counted as a sale.
Radar Analysis
The approval trend signals development activity. Market strength must ultimately be demonstrated through occupancy and sustainable returns.
Sources
Municipalidad de Asunción · Serie municipal 2015-2025
Illustrative/conceptual image; not necessarily the real project.
