Look (a long way) west for a (very large) farm

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If arable land at £10,000 an acre in the UK is too steep for you, how about an estate the size of Kent for US$10/acre? Savills is about to launch the sale of Estancia Punta del Agua in north west Argentina with a guide price expected to be in the region of US$10m.

At around 400,318ha (989,186 acres) and sitting on a national route connecting major ports on the Pacific and Atlantic coasts, soils on the Estancia range from naturally fertile silt in the north and centre to more sandy soils in the south.

The area is soon to benefit from significant power supply improvements, is crossed by three main rivers and sits on one of the largest aquifers in Argentina, providing huge irrigation potential, says Stephen Hall of the firm’s Lincoln office.

 

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About this Entry

This page contains a single entry by Suzie Horne published on June 8, 2011 12:13 PM.

Are speculators really to blame for volatility? was the previous entry in this blog.

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