Arias Serna Saravia

What Arias Serna Saravia does

Arias Serna Saravia (ASYS) is a Colombian, vertically integrated real estate development and architecture firm founded in 1980 in Bogotá. The company operates a "design-build-commercialize" model that takes projects from land structuring and financial planning through architectural design, construction, and direct sales, with a portfolio spanning luxury residential apartments and houses, country estates, marine condominiums, senior living, mixed-use developments, hotels, and institutional projects. Active geographies include Bogotá, Medellín, Cali, Cartagena, Santa Marta, Barranquilla, and Anapoima in Colombia, plus Panama City (JW Marriott Panama) and Turks and Caicos (Arc at South Bank, 2024-2026). The firm sells directly to end buyers through physical showrooms in Bogotá and Cartagena, a virtual showroom, and a professionalized in-house sales force, with select co-development partnerships (Accor for Ibis hotels, AMARILO for Verona, Grupo Attia for Casa Nua, Novus Civitas for Altozano, Piero Lissoni as design collaborator). ASYS has no external institutional funding and is owned by its three co-founders, who continue to lead design, construction, and general management respectively after 44 years. The firm is differentiated primarily by brand and design leadership, evidenced by the FIABCI Real Estate Excellence award for Hotel Santa Clara and the 2006 Colombian Architecture Biennale mention for the Simón Bolívar Aquatic Complex. There is no disclosed AI/ML or proprietary technology component; the offering is fundamentally a craft-and-relationships business.

Name

Arias Serna Saravia

Legal name

ARIAS SERNA Y SARAVIA S.A.S

Website

https://asys.com.co

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

51–100 employees

Short description

Arias Serna Saravia is a Colombian vertically integrated real estate developer and architecture firm, founded in 1980, that designs, builds, and sells luxury residential, hospitality, senior living, and mixed-use projects across Colombia, Panama, and Turks and Caicos, serving end buyers and institutional partners.

Ownership category

akta.pro rank

Headquarters

HQ city

Bogotá

HQ country

Colombia

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Real estate development and sales: ASYS generates revenue through the conceptualization, design, construction, and commercialization of residential, hospitality, and mixed-use real estate projects across Colombia and select international markets. The company develops and sells apartments, houses, lots, commercial units, and hotel rooms across its project portfolio.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

ASYS is a Colombian vertically integrated real estate developer that conceptualizes, designs, constructs, and commercializes residential, hospitality, mixed-use, marine, country, senior-living, commercial, and institutional projects. The firm sells apartments, houses, lots, commercial units, and hotel rooms across its project portfolio spanning Colombia, Panama, and Turks and Caicos, delivering each project through in-house architectural design, construction management, and a professionalized sales force backed by physical and virtual showrooms.

Product overview

Arias Serna Saravia (ASYS) is a Colombian real estate development company with 44 years of experience that offers a diversified portfolio of residential, hotel, commercial, institutional, and mixed-use projects. The company's Architecture for Life philosophy integrates project management, architectural design, commercialization, and construction. Their product portfolio includes luxury residential complexes and apartments (Altozano Resort Residencial, Verona, Casa Nua, Avanzza, Cayeno, Arrebol del Valle, Salitre + 24, Salvio 93, Albora), marine condominiums (Estuario, Punta Oliva, Villas Marinas, Sierralaguna, Cabo Tortuga), country residential estates (La Pradera de Potosí, La Reserva de Potosí, El Juncal, Arboretto, Hacienda Dos Maderos), senior living communities (Casa Nua, Casa Nua Country), hotels (Ibis Hotels, JW Marriott Panamá, Santa Clara Legend), and institutional/commercial developments. Projects span Colombia (Bogotá, Medellín, Cali, Cartagena, Santa Marta, Barranquilla) and international markets (Turks and Caicos, Panama).

Differentiator

Problem solved

Functional benefit

Products and services

• Altozano Olivos I & II A residential resort within the Serena del Mar master plan in Cartagena, featuring apartments from 100 m2 with pools, lounge bar, jacuzzis, and views over natural gardens or the on-site golf course and lake.
• Arc at South Bank A luxury waterfront development in Long Bay Hills, Turks and Caicos, featuring 17 sky villas with marina access, spa, gym, club house, pools, jacuzzis, and tennis/pickleball courts.
• Altozano Andarríos A residential resort within Serena del Mar, Cartagena, with apartments from 196 m2 offering hotel-like concierge service, room service, and extensive recreational areas.
• Punta Oliva A 32-villa development within Mesa de Yeguas Country Club featuring direct water access, natural trails, pool, jacuzzi, and game room, designed for privacy and connection to mountain and lake surroundings.
• Estuario Condominio Marino A marine condominium comprising 96 lots on a private island within Serena del Mar, Cartagena, each lot with a private dock and surrounded by golf courses and Caribbean waters.
• Verona A 317-apartment development in the Puente Largo sector of Bogotá (Avenida Suba with Calle 106), featuring coworking, terraces, green areas, gym, pet zone, and multiple recreational amenities, co-developed with AMARILO.
• Casa Nua A rural senior-living concept in Chía designed for older adults, featuring gym, hair salon, sports bar, nursing services, cinema, library, restaurant, and nature-connected terraces, developed with Grupo Attia.
• Casa Nua Country A senior-living development along Las Palmas Avenue in Medellín offering panoramic city views with gym, salon, nursing services, cinema, library, and restaurant amenities, developed with Grupo Attia.
• Villas Marinas A six-villa cluster within Estuario Marine Condominium featuring a shared infinity pool, an 80+ meter beach area, private dock, and BBQ terrace.
• OMH (Urban Oasis) An urban oasis in El Poblado, Medellín, with apartments from 122–153 m2 featuring green spaces designed around physical, spiritual, and environmental well-being.
• Cayeno A 27–34 apartment collection between Parque del Japón and Parque del Virrey in Bogotá, inspired by oriental philosophy with contemporary and classic design integration.
• El Juncal (Swiss Chalet Townhouses) Swiss chalet-inspired townhouses forming the final phase of La Pradera de Potosí master plan, offering countryside living with city-level luxuries.
• Avanzza An inclusive urban development in Bogotá featuring a 1,900 m2 central park, coworking, gym, game room, and sustainable design for community connection.
• Arrebol del Valle A 38-apartment development in Cali that highlights Valle del Cauca traditions, with terraces overlooking Valle del Cauca, Cerro de las Tres Cruces, or the Pacific.
• Salitre + 24 A 236-apartment mixed-use residential and commercial building in Bogotá with three commercial venues, rooftop, kids playroom, and conference room, located near major city arteries.
• Salvio 93 A 50-suite gastronomic and cultural hub in Bogotá featuring 13 culinary venues, a rooftop bar, gym, sauna, and spa, complemented by luxury long-stay apartments.
• Albora An urban refuge in northern Bogotá with 35 apartment types from 66 m2, featuring 13+ amenities including a lobby, pet spa, coworking, gym, and community spaces.
• Altozano Candelero An 18-apartment typology from 85 m2 within Altozano Resort Residencial, featuring beach-style pool, golf course views, and a club house in Serena del Mar, Cartagena.
• Galé A 35-apartment development from 230 m2 in Barranquilla's Alto Prado neighborhood, featuring a lounge bar, wellness zone, gym, and infinity pool with views of Parque Rosado and the Río Magdalena.
• Ibis Hotels (Bogotá, Medellín, Cali, Cartagena) A portfolio of economical hotels developed in partnership with Accor under the Ibis brand, featuring standardized rooms across multiple Colombian cities with energy-efficient architecture, operated by Accor.
• JW Marriott Panamá (formerly Trump Ocean Club) A 70-story, 262,000 m2 mixed-use tower in Panama City with 369 hotel rooms, 635 condominiums, and 6-star luxury amenities, the tallest building in Central America at inauguration, originally associated with the Trump Organization.
• Santa Clara Legend A 162-room 6-star Sofitel hotel in Cartagena housed in a 17th-century convent restored by ASYS in 1991, recognized as the most exclusive hotel in Colombia and a National Cultural Heritage site, winner of the FIABCI Real Estate Excellence Award.
• Simón Bolívar Aquatic Complex A 10,949 m2 aquatic complex near Simón Bolívar Park in Bogotá with FINA-certified pools, won through a public architecture contest by IDRD and recognized with a Mención de Honor at the 2006 Colombian Architecture Biennale.

Quantifiable outcome

• Over 40 landmark projects delivered across Colombia and international markets over 44 years

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core and minor.

• AccorcoreStrategic or Co-development Partner · 1 January 2007ASYS and the French hotel group Accor formed a strategic partnership beginning in 2007 to develop budget hotels across Colombia under the Ibis brand. ASYS handles development and construction while Accor operates the hotels. Projects include Ibis Bogotá Museo (2008-2010), Ibis Medellín (2010-2012), Ibis Cartagena, and Ibis Cali.
• Trump Organization (formerly Trump Ocean Club)minorStrategic or Co-development Partner · 1 January 2007ASYS developed the JW Marriot Panamá (formerly Trump Ocean Club), a 70-story, 6-star hotel and residential tower in Panama City, inaugurated in July 2011. At the time of development, the project was associated with the Trump brand.
• Sofitel / AccorHotelscoreStrategic or Co-development Partner · 1 January 1991ASYS designed and restored the 17th-century convent into the Hotel Santa Clara, later operated as Sofitel Santa Clara, a 6-star heritage hotel in Cartagena considered the most exclusive in Colombia and a National Cultural Heritage site.
• Grupo AttiacoreStrategic or Co-development PartnerASYS partnered with Grupo Attia for the development of Casa Nua Chía and Casa Nua Country projects. ASYS handles architectural design and construction while Grupo Attia is the co-developer.
• AMARILOcoreStrategic or Co-development PartnerASYS collaborates with AMARILO on the Verona apartment project in Bogotá's Puente Largo sector. ASYS is responsible for architectural design and construction.
• Novus CivitascoreStrategic or Co-development PartnerASYS and Novus Civitas combined talents to develop Altozano Resort Residencial in Serena del Mar, Cartagena — one of the largest mixed-use urban projects in Colombia's Caribbean coast.
• Piero LissoniminorStrategic or Co-development PartnerPiero Lissoni, renowned Italian architect and designer, is associated with the Altozano Olivos I & II project in Serena del Mar, Cartagena, contributing to the design vision.

Scale indicators2 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Prodesa (Colombia): Colombian arm of Spanish developer Prodesa, active in affordable and mid-income housing (VIS/VIP). Comparable developer with similar urban project focus, though at a different price point than ASYS.
• Cusezar: Colombian real estate developer operating across multiple Colombian cities with residential and mixed-use projects. Direct peer with similar geographic and product overlap to ASYS.
• Constructora Bolívar: Major Colombian real estate developer focused on residential and commercial projects. Comparable in scale and product mix, with overlapping presence in Bogotá and other Colombian cities.
• Amarilo: One of Colombia's largest residential real estate developers. ASYS is already a partner with Amarilo on the Verona project in Bogotá, and the two compete head-to-head in Colombian middle-to-upper income housing.
• Novus Civitas: Colombian real estate developer and ASYS's co-development partner on the Altozano Resort Residencial in Serena del Mar, Cartagena. Directly comparable developer focused on master-planned communities.
• Marval: Colombian real estate developer active in Bogotá and other cities with residential projects. Direct peer with similar mid-to-upper income housing focus.
• JHS Colombia: Colombian real estate developer with residential projects across multiple cities. Direct peer with comparable product mix in the middle and upper-middle income segments.
• Grupo Attia: Colombian senior living specialist and ASYS's co-development partner on Casa Nua and Casa Nua Country. Directly comparable in the emerging Colombian senior living category.
• Ospinas y Compañía: Long-established Colombian architecture and real estate development firm, similar vintage and design-led culture to ASYS. Directly comparable in Colombian residential and commercial development.

Broad incumbents

• Conconcreto: Larger Colombian construction and engineering company with real estate development operations. Broader incumbent offering construction plus development services, more diversified than ASYS.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubevimeo.com/asys
• LinkedInlinkedin.com/company/arias-serna-saravia

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Arias Serna Saravia