First Morra
A Smart Investment Opportunity
Welcome to First Morra, a thoughtfully designed residential project located in the heart of Villa Morra, Asunción’s thriving corporate and lifestyle district. Engineered for functionality and profitability, this development offers investors the opportunity to maximize returns with a projected Net Operating Income (NOI) of approximately 8%-10% annually.
Why invest in First Morra?
- Prime Location: Situated on Dr. Morra, extending from Guido Spano to Andrade, it offers unparalleled access to the country’s most important banks, shopping destinations, and the best restaurants in Asunción.
- Flexibility: The units are ideal for short-term rentals that capitalize on the area’s high demand, while also offering the option for stable long-term leases to suit diverse tenant needs.
- Optimized Design: Each unit is crafted to maximize profitability, ensuring a strong return on investment and a solid annual net income. It is also designed to provide functionality and comfort, making it highly attractive to both investors and tenants.
Construction Timeline
Unit 512N, North Tower, 5th Floor
- Construction Start: March 2025
- Completion Date: March 2028
Featured Unit:
- Orientation: North-facing
- Size: 55 m² of efficient living space
- Layout: 2 bedrooms, 1 bathroom, open-plan living/dining area, integrated kitchen, and a private balcony.
- Estimated NOI: 8.4%–9.6%
Living room
Bedrooms
Optimized living room
Combined living and dining room equipped with air conditioning,
a cooktop, extractor fan, faucet with hot and cold water, lower and upper kitchen cabinets. Light porcelain floors and floor-to-ceiling windows for a greater sense of spaciousness.
SUNLIT BEDROOMS
Bedrooms with space for king or queen-sized beds, equipped with closets and air conditioning with heating and cooling functions.
Investment options:
Cash Purchase: $100,713 USD
- Cash Purchase: $100,713 USD
- In-House Financing (36 Months):
- Initial Payment (30%): $30,214 USD
- 36 Monthly Installments: $1,679 USD
- Final Payment on Possession (10%): $10,511 USD
- Extended Financing (38 Equal Installments): $2,915 USD/month (no down payment).
Maximize Your ROI with Smart Features:
- Compact and functional layouts designed for ease of maintenance and tenant satisfaction.
- Exceptional location ensures consistent rental demand from both business and leisure travelers.
- Low monthly expenses of just $1.15/m², maximizing profitability
Amenities Designed for Tenant Appeal:
- Professional Spaces: Coworking areas and meeting rooms cater to professional tenants.
- Leisure and Convenience: Rooftop restaurant, private plaza, and on-site retail spaces.
- Essential Features: 24-hour security, generator, and efficient property management services.
Seize this oportunity:
With pre-launch pricing, flexible financing options, and a strategic timeline for construction and delivery, this is the perfect time to secure a unit that offers versatility for short-term or long-term rentals and promises high returns in Asunción’s most sought-after area.