Description
This outstanding 324 hectares olive farm is located just a few minutes away from Punta del Este in the slopes of the beautiful Caracoles Hills.
It is a highly scenic rolling to hilly farmland, a fertile valley surrounded by hills with frontage on the permanent flowing clean waters of the Carape stream. There are also creeks, springs and 2 artificial lakes for water storage.
It is also a productive property with the added value of 170 hectares of olive trees already producing. The olive plantation includes almost 60.000 olive trees over 11 years old. Olives are sold annually to a nearby olive oil mill.
There are also 3 windmills on the top of the Sierra de Caracoles hills which produce over USD 30,000 per year income (leasing fee).
The farm counts with complete infrastructure including 3 new wood cabins (2 bedrooms each), and an old but recently renovated and functional farmhouse. Full working facilities including 2 new working sheds and stock handling facilities, electric power and fresh water system.
A very interesting farmland investment opportunity: productivity, location, lifestyle and real estate value
