
About Mburucuyá
Mburucuyá is currently considered one of the most expensive and exclusive neighborhoods of Asunción, located in the northeastern part of the capital, bounded by Avenida Primer Presidente, Julio Correa, Molas López, and Itapúa. The area was originally part of a large estate associated with the historical figure Gaspar Rodríguez de Francia, which also included the Botánico, Santísima Trinidad, and Cañada del Ybyray neighborhoods. Until the mid-20th century it was a forested area with fruit trees and a small population, known as Calle Pytã. Today it concentrates some of the most luxurious residences in the capital, with contemporary mansions, large lots, and quiet streets. Among its urban landmarks are the Capilla San Juan Bautista and the Darío Gómez Serrato plaza. The real estate offer favors premium single-family homes and, to a lesser extent, boutique buildings. Together with Villa Morra, Las Lomas, Mariscal López, and Recoleta, Mburucuyá leads the market in price per square meter, exceeding US$ 700. It is a frequent destination for foreign buyers seeking maximum privacy and space in a consolidated residential environment.
- Premium residential area
- High security
- Close to shopping malls
- Bilingual schools
- Restaurants and gastronomy
Neighborhood map
Photos of the neighborhood
Photos: ViaParaguay.com (© ViaParaguay.com) · CivArmy (CC BY-SA 4.0) · Cmasi (CC BY-SA 4.0) — Wikimedia Commons
Average price per m² (12 months)
$1,376/m² ↑Properties in Mburucuyá
Apartment for rent in Emporium Building, Mburucuyá
Mburucuyá, Asunción
1-bedroom apartment for rent in Mburucuyá, Asunción
Mburucuyá, Asunción
Projects in Mburucuyá
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01 Mburucuyá
Palmanova Center
Altea del Sol
Businesses & services in Mburucuyá
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La Vienesa
A Paraguayan confectionery, bakery and café chain, with breakfast, lunch and afternoon-tea seating. It has branches around Asunción, including one on Calle Oliva, right downtown.
Javorai
A pizza restaurant and eatery operating from four separate locations in Asunción, including the Centro, Avenida España, Boggiani and Santísima Trinidad areas.
RE/MAX Paraguay
RE/MAX operates in Paraguay through independently owned franchise offices. As of 10 September 2026 its official directory lists 61 active offices across six departments: Asunción, Central, Alto Paraná, Itapúa, Boquerón and Cordillera.
Century 21 Paraguay
Century 21 operates in Paraguay through independently owned and operated offices. As of 26 September 2026 its official directory lists 44 offices across six departments: Asunción, Alto Paraná, Itapúa, Central, Caaguazú and Boquerón.
FarmaOliva
Pharmacy and perfumery chain with 157 branches in Paraguay, delivery and baby care. Part of Grupo Harrison, since 1999.
Molas 1901
Molas 1901 is a tapas and shared-plates restaurant in Asunción's Carmelitas neighborhood, running from brunch through the night. The menu also covers burgers, pizzas and sandwiches.