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property currently withdrawn from market (2017)
conservative investment in fertile farmland
with some historic grandeur
Departamento Forida, Uruguay
167 hectare (412 acre)
public gravel road at farm gate
at 20 km distance : small town
at 130 km : Montevideo (downtown)
at 120 km : Montevideo intl airport (1h 40min)
at 100 km : Atlántida (atlantic ocean)
at 150 km : Punta del Este
farmland of above average fertility,
dark brown sedimentary soils of medium depth, 60% of land potential crop land (soya, wheat, corn),
100% of land apt for extensive or intensive cattle grazing,
soils, climate also allow vinyard, olive groves.
2x natural lakes, 25m x 300m each, small streams.
Coneat : 113
Stately casco (mansion) built from 1885 to 1895, recently renovated by european owner, 7x rooms, 2x bathrooms
with the features of a picture book Rio de la Plata Region Estancia of that era : stately galleries and terraces, heavy wrought iron, central courtyard with cistern / ornamented well, mirador (tower room), high ceilings, high windows, stately palmtrees.
A combination not easy to be found, of historic grandeur and then again a size not too costly to maintain.
Barn (an ancient fieldstone structure), garage, 2x bedroom home for caretaker couple, 7x large + 4x small fenced subdivisions, livestock handling facilities,
water supply by own well,
mobile phone coverage, mobile internet coverage
AyD, the architecture and design magazine, ran a photo feature on San Eugenio in its March 2014 issue
contact : firstname.lastname@example.org
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home farmland for sale Uruguay Argentina
San Eugenio was one of the first major estancias founded in Casupá / Arroyo de Milan Region, Department of Florida, Uruguay
in the 1880s by Don Eugenio Barragan, at that time exceeding 5000 hectare. It changed hands not too many times since then,
belonging to the Caravia family after the 1920s, the Sacco in the 1950-80s, later on the Bartesaghis until 2004.
San Eugenio has allwas mainly been a cattle ranch, with some grain farming being done in the 1960-90s.
It now consists of a small fraction of its original size
A new owner will have the basic choice between a) renting out the land or b) operate it.
a) there is a firm demand in our area as well as nation wide to rent land. A US$12.000 annual rent would be a realistic figure (167 hectare, 2015) for a contract that allows only grazing and can be terminated easily
b) supposedly the property is more appealing to the gentleman rancher (roughly half of the asking price reflects the productive value of the farmland and the other half the value of the historic mansion, location, scenery etc) and less to the purely professional farmer. Therefore a new owner might opt for a low key extensive cattle grazing operation that requires one ranch worker and very little owner's attention, generating some beef production of 16 tons life weight (US$28.000) with 130 cattle and a US$8-10.000 net profit, after covering already the labour cost of having an employee permanently guarding property and animals.
However, soils and climate set no limit to use the land more intensively and professionally or for different uses altogether, wine, olives, fruits, grains etc.
property taxes and contributions add up to annually US$2000
uruguay country information - taxes costs regulations
more about Uruguay : Uruguay guest Estancias
more about : Estancia architecture
here some Uruguay photos ,and some impressions of summer
almost identical for sale great estate Estancia San Eugenio
moha grass planted and made to hay bales (above and below)
3 hectare eucalyptus forest