Monday, July 18, 2011

Argentina Land For Sale | $10/ac for $10MM | Daily Mail via The Business Insider

This 1 MILLION-Acre Plot In Argentina Is On The Market For $9.6 Million

Julie Zeveloff | Jul. 18, 2011, 2:50 PM | 16 | 
The huge estate is the same size as Kent and sits close to the border with Chile.

Image: Wikipedia
Buyers looking for some room to stretch out -- look no further.
A whopping 989,000-acre estate just went on the market in western Argentina near the Chilean border (Daily Mail via Curbed).
At that size, it's three times the size of Hong Kong and the largest plot of land ever to go on sale, the Daily Mail reports.
The plot, which is suitable for winemaking, is listed at $9.6 million. It's already attracting interest from prospective buyers in Europe, according to the Daily Mail.
At around $10 an acre, it's actually quite a bargain.

Water source: The plot contains two rivers, meaning the land could be irrigated and will also shortly be linked to the electricity network



For sale: This one million acre estate in western Argentina is on the market and despite a price of £6m is attracting a large amount of interest

The estate, called the Estancia Punta del Agua, has not been farmed in 25 years, but it's estimated to be 60% arable.




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