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Potential Vineyard Opportunity

Property titles, deep wells and irrigation water rights are duly legal enrolled at Conservador de Bienes Raíces en La Serena. Property is absolutely sound according to law and free of any prohibitions or embargoes.

Location: Elqui, Chile

Asking: USD 2,500,000 **

Code: CHCSF248

Land Size: 475 ha

Production: The property is located at 100 km north of La Serena and 70 km from the Pacific coast at 550 m above sea level, at the valley Los Choros Altos in the area of Tres Cruces, Comuna La Higuera, Provincia Del Elqui, and IV Región. From the total surface 475 ha, around 200 has are flats and from these, there are 120 ha clean and available to develop a table grape project right now. Rests of the farm are rolling and hilly which some could be planted. Soils correspond to the typical soils of the transverse valleys of the Norte Chico Región, mostly of silt sandy loam structure with medium effective deep of over 1 m. Study of climate show that is very similar to Vicuña in the Elqui Valley, mainly in the area of La Compañía, El Arenal y Diaguitas, where currently are planted table grapes of early and mid-season. It is important to note that the property borders the Observatorio Astronómico La Silla of ESSO, which gives a reference of the low coastal influence and low probability of fog and has a great brightness. Studies also show a low probability of frost.

Irrigation: Irrigation water comes from two deep wells with enrolled rights of 115 lps. Three-phase energy is available at 300 m where the main entrance of the farm & wells is. Conafe network.

Subcategory: Agricultural Farm

** Sales in Chile are in a local currency so the conversion to USD is only a guide, given it changes with the exchange rate.

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