Overview

The building and where it stands.

Arazá II is the second phase of Civis's Arazá development in Isla Bogado, a quiet residential neighbourhood on the northern edge of Asunción with quick access to the centre. The building follows the Civis formula: small, efficient apartments over a rooftop with pool, grill area and open-air gym, and ground-floor retail — here a supermarket and pharmacy — that serves the block. Civis has delivered six buildings since 2019 and has seven more under construction, with more than 1,250 units sold.

Units run from US$35,237 to US$333,876, with an average ticket around US$45,343. The developer's model puts long-term rental yield at 4.4%, short-let yield at 7.1% and appreciation at roughly 15.1% — appreciation figures in Asunción reflect an off-plan-to-delivery uplift and should be read that way. Delivery Q2 2028. Below the US$200,000 Investor Pass threshold on its own; several units, or a unit plus a larger investment, reach it.

  • From US$35,237; average unit c. US$45,343
  • Rooftop pool, gym and grill; supermarket downstairs
  • Developer model: 4.4% long-term / 7.1% short-let yield
  • Delivery Q2 2028

Pricing

$35,237 – $333,876 (avg $45,343)

Developer pricing in US dollars, correct when we last checked. Availability and unit prices move; we confirm both before you reserve.

Projected returns

Long-term 4.4% / Airbnb 7.1% / Appreciation ~15.1%

Read this as a projection

These figures are the developer's projections or market-based estimates for comparable stock, not a guarantee and not our forecast. Rental income depends on occupancy, management and local taxes; capital appreciation on a market you do not control. We go through the assumptions with you before you commit.