Centro

Neighborhood map

About Centro

The Center of Asunción, also known as the microcentro, is the administrative, commercial, and historic heart of the Paraguayan capital. It is structured around the streets Palma, Estrella, and Chile, with the country's Kilometer Zero at the intersection of Palma and Chile, opposite the Panteón Nacional de los Héroes. Calle Palma, 12 blocks long, has been the main commercial artery of the city since the 19th century and is currently undergoing revitalization with initiatives such as the Feria Palmear. The microcentro concentrates ministerial headquarters, the Cabildo, banks, traditional hotels, commercial galleries, and the highest density of architectural heritage in Paraguay. Activity is intense during the day and drops noticeably at night. The real estate offer is dominated by office buildings, street-level shops, and apartments in older towers at accessible prices. For the international investor, the Center offers low entry values, high appreciation potential linked to urban recovery plans, and an ideal profile for commercial, hotel, or tourist rental uses.

Zone features

• Historic and cultural centre
• High connectivity
• Mixed residential-commercial use
• Architectural heritage