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Why are hectares in San Rafael so cheap?

8 years ago
Comparing prices of rural real estate in different provinces in Argentina, I can't help but scratch my head over the alamaula and mercado libre listings, where San Rafael and Gr. Alvear (mendoza province) are dirt cheap in comparison to same land size and characteristics in villa mercedes, san luis or calamuchita in cordoba, or in different patagonian reginos. People seem to wanna get rid of their olive tree orchards as well as peach trees in san rafael, claiming to have full access to irrigation though. Can anyone shed light on this? Is there not enough water for everyone in those areas? or maybe the land is over fertilized? I'd love to live on a property outside of town and tend to my very own fruit trees for production, but don't wanna be tricked into anything nasty. at the least i'd love to be able to drill a deep well and have enough water for irrigation id the ditch has dried up, but if ground water is under a tight grip then maybe that's why they are selling in scores?

William Russell
William Russell

SJB Global
SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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Learn More

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William Russell
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