This 42 hectare property is available for 12 million pesos per hectare, a total of 504 million pesos (us$950,000). The land is suitable for vineyard, fruit orchard or traditional agriculture. Land adjoining the property is cultivated with plum trees.
The property has stunning views towards the Andes and is nestled in the valley surrounding the beautiful towns of Santa Cruz and Chepica. The area is enjoying a tourism boom, which is only just beginning, and land values will continue to increase in the area.
Santa Cruz is a beautiful, quiet agricultural town with a nascent tourism industry with massive potential. It is similar to Sonoma in Napa Valley, California, just with a little less glitz. The landscape around is also strikingly similar to Napa Valley. New restaurants are opening and boutique country hotels are also being established by both Chilean and foreign investors. Over the next few years, it is highly likely that Santa Cruz will boom and land values will increase dramatically. Santa Cruz is just 2 and a quarter hours from Santiago by perfectly maintained motorways and country roads. The town has a new hospital, a large Lider supermarket and is considered one of the safest places to live in the region. Many of Chile’s finest red wines come from the area, including Wine Spectator’s wine of the year for 2008, the Clos Apalta.
The property has sufficient water rights to irrigate the 42 hectares if drip irrigation is installed. Government subsidies are available for a large percentage of the cost.
Government subsidies are also available for foreign agricultural companies that wish to invest in Chile. These subsidies can cover up to us$60,000 in start up costs and, if new technology is being introduced into the country, up to 10% of the total investment in Chile.
We are able to assist with the application for these subsidies on behalf of our clients.