
About Recoleta
Recoleta is one of the oldest neighborhoods of Asunción, located in the southeast of the capital, within the La Recoleta district. Its name comes from the Recollect Franciscans, whose historic convent was later used as a cemetery: today's Cementerio de la Recoleta, a landmark of the neighborhood. Historically a residential middle and upper-middle class area, with single-family homes, leafy streets, and strong neighborhood ties, in recent years it has become one of the most dynamic and diverse urban enclaves in Asunción, with steady growth in residential, corporate, and commercial developments. It hosts Shopping Mariscal López, and since April 2024, La Cuadrita, a pedestrian street along Alberto de Souza featuring top-tier dining options. The real estate offer combines traditional houses with modern mid-to-upper range buildings. For the international buyer, Recoleta offers an attractive mix of historic character, urban convenience, and more accessible price per square meter than the Villa Morra-Carmelitas axis.
- 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)
Average price per m² (12 months)
$1,863/m² ↑Properties in Recoleta
Apartment for sale under construction in Recoleta, Asunción
Recoleta, Asunción
Five-story corporate building for sale in Recoleta
Recoleta, Asunción
Projects in Recoleta
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We Recoleta — Apartments in Recoleta, Asunción
INVICTA Recoleta — Off-Plan Apartments in Recoleta, Asunción
Mariscal Corporate — Corporate Offices in Recoleta, Asunción
Pacheco Zone Project – Recoleta, Asunción
Apartments for sale at Aires Recoleta, Recoleta
Torre Narciso La Cuadrita for sale in Recoleta, Asunción
Businesses & services in Recoleta
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Bristol S.A.
Bristol: Paraguay's leader in appliances, TVs, smartphones and motorcycles. Over 102 branches, own financing up to 18 installments, and free delivery in under 24 hours. Founded in 1980.
Unicentro
Unicentro is Paraguay's pioneer department store since 1988. Flagship at Palma 610, Asunción: 6 shopping floors with fashion, home goods, electronics, footwear and more. Own financing, e-commerce and 4 branches in Asunción, San Lorenzo and Lambaré.
Ña Eustaquia
A family-run Paraguayan traditional-food brand, with locations in several malls around Asunción. This location is downtown in Asunción.
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.
Churrasquería O Gaúcho
Churrascaria and restaurant specializing in grilled meats, located on the corner of Mc Arthur and Toribio Pacheco, in Asunción, the capital of Paraguay.
Empanadería Sabores de mi Tierra
Empanadería with two locations in Asunción: the main location on 25 de Mayo street and a branch inside Shopping Mariscal.