Argentina Dream: The Napa Valley of Argentina
Vineyard,Residential,Commercial, Land, Home Financing
| Start Price |
USD 290,000.00 |
| Current Price |
USD 290,000.00 |
| Time Left |
- |
| Bid Count |
17 |
| Buy It Now Price |
- |
| Reserve Price |
- |
| Start Time |
Thursday, August 07, 2008 |
| End Time |
Saturday, September 06, 2008 |
| Location |
San Rafael, AR |
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See more about 'Argentina Dream: The Napa Valley of Argentina'
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Description
The Napa Valley of Argentina can be yours! 290,000USD! If you are able to pay in full the price reduces to 275K!The property is: AS IS! The Houses: 2 (1-house, 4 bedrooms, 1.5 baths), (1- renovated stable- studio style, 1 full bath) This 240 acre farm situated in the San Rafael, Mendoza/ wine region of Argentina has one refurbished home, renovated stable, pool, dirt tennis court, and covered patio. The main house has four bedrooms (sleeps 7), one main bedroom with bathroon en suite and three bedrooms that share the second. The home has 15ft ceilings, tiled floors, new/modern kitchen, and french doors that overlook an inground pool and 2.5 acres of mature Cabernet Sauvignon. The renovated stable(for people not horses) has 12ft ceilings, tiled floors, one fireplace, a new kitchenette, new built-on bathroom, and sleeps two. All this and a view of the Andes Mountains. The land and home have been estimated at 500,000USD. The City: San Rafael(pop. 110,000) The town is 12 minutes from the farm. You can enjoy the tranquility of the country: horseback riding, 2 golf courses, stock car racing (when in season), the famous Bianchi champagnery down the road, and wine tastings on Winery row. Or you can enjoy all the jewels the city has to offer: theater, 2 casinos, movie house, cafes, five course meals, (for a third the price of US dollars) tourist offices for treks up the Andes, weekend bazzaars in the local parks, and of course the tango! Enjoy! San Rafael has its own airport accessible from Buenos Aires (35 minute flight) and located 7 minutes from the farm. The farm is about 12 minutes from town. The Land: Only $1,208.33 USD PER ACRE The two hundred and forty acres Would you like to walk out of your house to pick dates, peaches, apples, plums, or pears, from your .5 acre of fruit trees? Do you dream of owning animals? There is a now defunct dairy on the site. This property has the beginnings of a vineyard with Cabernet Sauvignon and for vines, figs and dates. There are 18.5 acres plowed, wood structure, wired, and trellised and waiting for vines. There are approximately 200 acres to develop on irrigated land any desire you wish. Have you dreamt of tourism and using the property as rental? We used the property shortly for rentals (less than a year). The undeveloped 200 acres are easily divisible and could bring in great profits. Reason for selling: The original intent was to live in Argentina full-time and through certain turn of events we are unable. Please Note Exclusions: The house and stable do not come with any furniture. The farm is AS IS. We have done extensive remodeling. It has however sat idle for 1.5 years and the main house may need paint but most work is superficial. The pump for irrigation needs to be replaced and old caretakers home needs new roof. It may have the appearance of vacant but it is easily redeemable. KEEP IN MIND IT IS WINTER THERE! Currently there is a lien on the property that has been paid and waiting clearance from the courts. However a Bill of Sale can be put in place to hold your price and conditions. Please go to HERE for more photos, and the documented results of a comprehensive soil test. Financing: 25 % down of full price with 3% NON- REFUNDABLE deposit (Earnest money) to hold property for 5 days and the additional 23% due at closing. The 3% will be included in down payment. The remaining balance is for with 60 monthly payments @ 7 % locked. So example: price 290,000USD with 3% non refundable to hold property whether you buy or not (8,700USD) remaining 23% of down payment(63,800USD) leaving the balance of 218,500 plus 7% fixed interest rate for a total of 233,795USD over 60 months for a monthly payment of 3,896.58USD. However, if you chose to pay in full then the price is 275KUSD with a 3% (8,250USD) non-refundable Earnest money to hold property for 7 days and then the remaining 266,750USD at the Bill of Sale.Some Answers to commonly asked questions: No I am not renting to own. No I don't have buyers stay in the home for a few days to "get a feel." If interested in dividing the land or adding other homes, riding stable, or to create a gated community of sorts, I can suggest a very trustworthy and timely developer/builder.
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