Farm/Ranch for Sale in San Rafael, Mendoza, Argentina
115,000 USD
(Negotiable)

Farm/Ranch for Sale in San Rafael, Mendoza, Argentina

Family-Owned Farm in the Andes Foothills

Asking Price: 115,000 USD
(Negotiable)
In the heart of Argentina's famed wine country, this farm has strong upside potential, excellent access to water, proximity to power and roads, and diversified production possibilities

This farm is appealing to a variety of owners. If you’re looking to escape and start a new life overseas, or just a place to hang your hat for a few months out of the year, this farm offers tremendous potential for a second or part-time residence. If you’re looking to own agriculture outside the U.S, this farm can be owned and operated by a foreign investor. Finally, if you want own a real, tangible asset class like farmland for its appreciation potential, then this farm in the heart of Argentina’s wine and tourism region is ideally suited for you.

THE FARM:

- 23 hectares (56.8 acres) in total: 16 hectares (39.5 acres) suitable for various crop production (most of it used to be in alfalfa production), 4 hectares (9.8 acres) in plum trees, and 3 hectares (7.4 acres) in pear trees.

- Approximately 19 of the 23 hectares were GPS leveled prior to us purchasing the farm in 2016. The remaining 4 hectares in the northwest corner are still in natural vegetation.

- 800 producing pear trees.

- 3,000 producing plum trees.

- In previous years, each plum tree yielded approximately 10 kilograms of plums. Local outlets for drying the fruit are available or you can build your own drying racks on the property for the plums. Dry plums are more shelf stable and can be more easily exported.

- Five to seven of the 16 hectares of used to be planted in alfalfa and various vegetable crops, but this section of the farm is currently fallow.

- Previous owners ran approximately 15 head of cattle in the fallow land. We have considered introducing cattle back into the farm, but no longer have the time for the added management requirements. A few strands of hot wire could be added around the pear trees and cattle could be allowed to graze in between the trees. This would manage the weeds, save labor and fuel cost associated with disking, and provide a free feed sources for the animal

- While we're in the US, the farm is managed by a native Argentine with agricultural and business experience. In addition to managing the farm, he also helps us keep update to date on property and irrigation fees. We are careful not to assume he will manage the property under a new owner. Any new future relationship between him and the new owner will need to be worked out directly.

- A perimeter fence surrounds the property.

WATER - The property has three water sources:

1) Ample well water for irrigation and human consumption through a recently refurbished well capable of 352-gallon per minute. The well needs a new pumping motor and electrical control panel. This well is unique to the area and makes it possible to flood irrigate during years of decreased winter precipitation while also making the addition of a reservoir and drip irrigation system a future reality.

2) Seven hours of weekly irrigation rights; sufficient to flood irrigate the entire farm through an established canal system

3) Community water also available for use on the property should there be interest in building a residence on the farm itself.

There is no home or dwelling on the property itself; only a small shed (pictured) for equipment storage. There is, however, a 3-bedroom/1-bathroom home on 1/2 acre directly adjacent to the farm. It is unknown at this time whether the home is for sale.

Municipal water and power are available directly to the farm, so it is possible to build a new residence on the property itself. Costs vary according to the type of construction and materials, but when we last checked pricing with our manager in Oct 2022, it was approximately US$400 per square meter.

We are selling because our financial situation has changed and we need to redeploy capital in other areas of our lives. My father-in-law and I co-own the farm equally, 50/50. We are both based in Texas on CST. A cash payment is much preferred for the farm, but we will consider financing on a case-by-case basis if the buyer can provide sufficient and matching collateral.

Feel free to email, call or text if you'd like additional information or have any questions.