Well, there’s not too much to report with our vineyard…we’re at the point now where we’re just letting things grow!
We are now definitely introducing seed potatoes, garlic, and onions into our land to get some immediate cash flow while we’re waiting for the vineyards to bear fruit. We’re also definitely going to be putting livestock on our land and letting them multiply.
Now, the question we are easily asked most often is, “Why Argentina?” and the answer is: Price. There’s nowhere else one can find property that has the combination of such a low price with such good agricultural infrastructure and an excellent (if slow) system of land titles. We always say in all aspects of our business, the one thing you can’t change in property management is how much you paid for it. And the best thing about Argentina is that prices are so low that there is virtually no capital risk – even if we did nothing with it and sold it five years hence, we would at least get the original amount that we paid.
As a bonus, the value of the property area we are not “developing” will rise just because we will be raising the utility and the revenue on the area of the property we do have crops and livestock on. This has happened often in other areas.
As always, for information on how to invest in the Argentina project, fill out the contact form on our main site, or call us. 1 (800) 760-4909 or 1 (403) 688-7767.
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