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25 Hectares 22 of which are in production with fine wine grapes. The property runs from... [ SOLD ]
Region: Mendoza
Price:
EUR € 356 082
Bedrooms:
0
Property
Type: Land
Development
State:
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Description:
25 Hectares 22 of which are in production with fine wine grapes. The property runs from Calle Larga Vieja towards the Rio Atuel and a further 4 hectares of land is available which would take the property right down to the river. Currently the property is owned by an investment group in Buenos Aires. Annual production is around €99,164 per annum. At current production the property would pay for itself in around 4 years. What it does highlight however is the fact that serious gains can be made from buying uncultivated land and putting it into production. |
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