MercoPress. South Atlantic News Agency
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. Read full article
Comments
Disclaimer & comment rules“A million acres... blah blah blah”
Jun 21st, 2011 - 07:12 am - Link - Report abuse 0Written 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.
using a british company to sell the property though Martin, guess it is to make sure that the deal is an honest on.
Jun 21st, 2011 - 08:54 am - Link - Report abuse 0“ ... The United Kingdom is 60 million acres in size ...”
Jun 21st, 2011 - 10:59 am - Link - Report abuse 0Of course that wouldn't include the Falkland islands :-)
Let's all go there and start up a new country ... and let's make sure to bring some tits with us, I mean brits with us, they have experience when it comes to making nations up
Jun 21st, 2011 - 12:08 pm - Link - Report abuse 0Estancia Punta del Agua is currently being offered in the International Market by Savills Europe and Gateway to South America - Argentina their joint sole agents for this property. If anyone is interested they can view the video and information from our site
Jun 21st, 2011 - 12:44 pm - Link - Report abuse 0Geoffrey W McRae - Marketing and Sales
www.gatewaytosouthamerica.com
It does not matter who you bring with you, or what you build on it
Jun 21st, 2011 - 03:29 pm - Link - Report abuse 0The 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.
no 4 mongpanda
Jun 21st, 2011 - 04:01 pm - Link - Report abuse 0I'm quite sure that Argentina didn't suddenly plummet from the sky in the mid 19th century did it numbnutts?
Small country, small minds
Jun 21st, 2011 - 05:52 pm - Link - Report abuse 0Small amount of time to kick the Argies arses off the Falklands, The war lasted 74 days
Is Mercocrap a Real State Agency now?
Jun 21st, 2011 - 06:47 pm - Link - Report abuse 0@8 Yes, Stick, I know ....
There are obviously Argentinean laws to stop such a large holding being sold to a foreign country/corporation/etc.
Jun 21st, 2011 - 09:28 pm - Link - Report abuse 0Just watch the novel way the land sale will be packaged to ensure the sale does go to foreigners
@10. I thought that would be a problem too. CFK wanting to restrict the amount of land owned by foreigners. Maybe they will present the any new foreign owners with an Argentine birth certificate; for the right bribe.
Jun 21st, 2011 - 11:23 pm - Link - Report abuse 0Just wonder it is not easy to split that land and sell it in smaller fractions and get a better value?
Jun 22nd, 2011 - 06:45 am - Link - Report abuse 0You could give it to Paraguay as compensation of the land you stole from them.
Jun 22nd, 2011 - 09:48 am - Link - Report abuse 0Responding to the comment that the property could be subdivided. Yes it could and no doubt a new buyer might do this.
Jun 22nd, 2011 - 10:59 am - Link - Report abuse 0If 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 may become a transit hub, sitting as it does across the new transcontinental highway from Porto Alegre in Brasil to the Pacific coast.
Jun 22nd, 2011 - 11:13 am - Link - Report abuse 0It 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”.
@11 Maybe they will present the any new foreign owners with an Argentine birth certificate; for the right bribe...... Come on E!!, we are not in Mexico ..... yet!
Jun 22nd, 2011 - 01:24 pm - Link - Report abuse 0@15 “Wish I had the capital” ... I wouldn't mind to go 50/50 Geoff
In Argentina today, there are no restrictions to acquire farmland and buying is very straightforward.
Jun 22nd, 2011 - 06:25 pm - Link - Report abuse 0For 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.
Thanks, Kike.
Jun 22nd, 2011 - 09:27 pm - Link - Report abuse 0No 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.
Argentina has the capacity to produce considerable more food for export than it currently does. However to do that that it need fresh capital to development these previously thought marginal properties. Estancia Punta del Agua is in this situation. The difference to others is it has excellent road and power access.
Jun 23rd, 2011 - 01:56 am - Link - Report abuse 0Geoffrey W McRae - Marketing and Sales - Argentina
www.gatewaytosouthamerica.com
Sure, Tango. imo:
Jun 23rd, 2011 - 10:37 am - Link - Report abuse 0invite 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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