A million acres estancia in north-west Argentina on sale
Estancia Punta del Agua, probably the largest ever block of freehold land to come onto the market in north Argentina is being sold by London based agent Savills. The estate in San Juan province in the north west of the country is currently owned by a family company and is described as having enormous potential for agricultural or eco power possibilities.
The estancia is almost a million acres (989.000), and is located on the National Route 150, connecting major ports on the Pacific via Chile and Atlantic coasts. It is crossed by three major rivers in the Andean Valle del Rio Bermejo and is three and a half times the size of Hong Kong.
In Argentina in terms of wine production the province of San Juan is second only to Mendoza. It is believed that a major scheme to bring the Estancia into full agricultural production would be supported by the provincial Government.
At its peak in the middle of the 20th century Estancia Punta del Agua supported about 400 people farming a large area with rudimentary irrigation techniques and cattle grazing supported by the Huaco River. At the time, the San Juan area lacked sufficient infrastructure to enable it to compete against large agro industrial operations in the regions of Buenos Aires, Santa Fe and Cordoba and the Estancia ceased to be a viable enterprise.
These past barriers to agricultural development in the region have potentially been relieved by extensive investment in a network of international roads and a proposed high power grid network.
The current owners are an internationally based family having had ownership since 1983 and who intend to sell the Estancia to concentrate on other projects. The Estancia is situated in a semi arid area characterized by mountain ranges and fertile valleys. The soils on the Estancia range from naturally fertile silt soils in the north and centre to more sandy soils in the south.
In recent history similar properties in the area have been brought back into production using rudimentary irrigation techniques and the Estancia offers tremendous potential, according to the sales brochure, for modern agricultural production and high value irrigated crops including sugar beet, alfalfa, olives, vines and sunflowers.
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Written by a Brit no doubt, since the whole of England is probably less than a million acres this would be quite a story for them.
Small country, small minds.
Of course that wouldn't include the Falkland islands :-)
Geoffrey W McRae - Marketing and Sales
www.gatewaytosouthamerica.com
The Argentinians will steal it and claim it as their own,
Like they do everything else, then their bloggers come on here and try to blame the brits for everything. #
Typical losers.
I'm quite sure that Argentina didn't suddenly plummet from the sky in the mid 19th century did it numbnutts?
Small amount of time to kick the Argies arses off the Falklands, The war lasted 74 days
@8 Yes, Stick, I know ....
Just watch the novel way the land sale will be packaged to ensure the sale does go to foreigners
If anyone is interested they can view the video and information from our site or contact me direct.
Geoffrey W McRae - Marketing and Sales - Argentina
www.gatewaytosouthamerica.com
It is classically situated - like the mid-west towns on the North American transcontinental rail route that made their fortunes as rail hubs in the 19th century. And as the goods transported are too heavy for air transport, it will not become a ghost community as times change.
If this ocean-to-ocean road trade route succeeds (and I see no reason why it will not; unlike the trans-Amazonian highway), it will become the obvious location for a mixed economy town, with sufficient energy, water, and a lot of land for agric., forest, ranching.
Needs much work but with location, location, and location, there is a fortune to be made here.
Thinks: “Wish I had the capital”.
@15 “Wish I had the capital” ... I wouldn't mind to go 50/50 Geoff
For now there are only bills drafts that will surely take considerable time to be discussed.
The last one filled in got quite a publicity but facts are since the ´90s bills intending to limit land property have been produced. The legislative process will not be easy. Argentina was, is, and for many decades will be an agricultural exporter; farmers have a strong influence on the economic and political environment, there are much lobbying and too many interests at stake for a quick pass.
No land sale controls!
Looks like, when the going gets really tough wrt inflation, much of Argentina will be sold off to foreign agro/ranching-companies
- who will then control the food production/export of the country's erstwhile main trading commodity, food.
Geoffrey W McRae - Marketing and Sales - Argentina
www.gatewaytosouthamerica.com
invite capital and give scope for 'international-level' returns on the investment.
Don't expropriate high-return (foreign-owned) or privately owned Argentinian activities to the state.
Don't *sell off* the land itself to countries far away.
This is Argentina's 'seed-corn' from which perpetual profit can accrue.
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