Office Building with Income in Place - Av. San Martín, Asunción

The Edificio Mirage is a completed, operating and income-producing commercial asset in one of Asunción's most sought-after and established districts. For an investor it means immediate exposure to an asset of this scale — without going through the development, construction and initial letting cycle of a new project.

The figures

• Built area: 2,418 m² across seven floors
• Plot: 750 m²
• Gross rent in place: USD 23,000 per month
• Equivalent to USD 276,000 annual rent
• Asking price: USD 4,200,000
• Gross yield: around 6.6 % p.a. (annual rent against purchase price)
• Price per m² of built area: approximately USD 1,737

Why this asset

The value rests on three factors coming together: a strategic position on Av. San Martín, the scale of 2,418 m² across seven floors, and rental income already running. The building is finished, operating and earning from day one.

For an investor that means immediate participation in an asset of this size in a high-demand area — no construction period, no letting risk on a first tenancy, and none of the uncertainties of a development project.

The location

Avenida San Martín is one of Asunción's established commercial addresses: a continuous main traffic axis with retail, services and restaurants around it. For corporate tenants that is exactly what counts — visibility, accessibility and a setting that already works.