Argentinean Estate for Sale
Thinking of investing in wine? How about investing in wine growing? This needn’t even be simply on the scale of a small vineyard in your backgarden. Wine related real-estate is big business. And if you’ve the itch to see acres and acres of land turned into Chardonnay Wine, Argentina is as good a place as any. So why not buy up the million acre Estancia Punta del Agua in San Juan?
The investment will only cost six million pounds. Six pounds an acre isn’t actually that bad a deal. So what’s the catch? Well some are rightly speculating that it may not actually be worthwhile growing wine there. The government is trying to encourage wine growers to purchase the land. They claim that an underground water source will be tapped to provide enough water to irrigate the land. But winemakers are sceptical that enough water will be found. Who knows if it will sell?