Las Mercedes

Neighborhood map

About Las Mercedes

Las Mercedes is one of the fastest-growing and most transformed neighborhoods in Asunción, located just north of the Villa Morra-Carmelitas axis. Originally a refuge for immigrants, today it stands out for intense architectural renewal: it combines traditional residences with contemporary buildings, including Torre Ícono, one of Paraguay's most iconic skyscrapers. The area concentrates long-standing schools and academic institutions such as Universidad Columbia del Paraguay, Universidad del Norte, and the former Rectorate of the Universidad Nacional de Asunción. It has an active dining scene with bars, restaurants, and cafés that have positioned it among the capital's nightlife hubs. It is considered one of the safest areas of Asunción, with private security and constant patrolling. The real estate offer is very diverse: modern apartments, single-family homes, and lots for high-rise development. For the international investor, Las Mercedes represents an interesting alternative with appreciation potential thanks to its accelerated urban transformation and better price-to-quality ratio compared to Villa Morra.

Zone features

• Premium residential area
• High security
• Close to shopping malls
• Bilingual schools
• Restaurants and gastronomy