O. Fournier offers vineyard parcels in Mendozza

Saturday, 07. April 2012 | 11:47 Uhr | RED.YOOPRESS | WINE COMPANIES
Reference: DECANTER | Translator: C.SIEGEL
Some of the planted plots around the Finca Santa Sofia are already sold (Photo: O. Fournier)

ARGENTINA (Santa Sofia) - The Spanish/Chilean/Argengina joint venture "O. Fournier" is offering 140 hectares of vineyards in the Mendozza area for sale to private wine lovers, groups or companies. The parcels that can be purchased are all located in the Finca Santa Sofia area in the Uco Valley at roughly 1200 sea level. From now on, a total of 85 investors can purchase these parcels.

„Wine lovers can now work in their own vineyard, if they want to", explains José Manuel Ortega, one of the CEOs of O. Fournier. "Ownership is virtually transferred to the investor, however, in most cases we will still be in charge of the vineyard marketing and vinification. This is giving the owner a lot of room to create their own wine with their own label, so basically they are coming out with their own wine brand and we help them sell it with our team."

According to Ortega, each parcel of land costs 150.000 US dollars (roughly 112.000 Euro) per hectare. After the parcel purchase, there are no more costs and investors can anticipate interest of 4 to 8 percent. If you compare these prices to those of one hectar of vineyard in this region, O. Fournier's prices are only about a third of that. However, the purchasing price also includes the continuing know-how of the team as well as cellar and vineyard work.

The purchase price also includes the cost for grapes as well as infrastructure. Furthermore, selected wealthy investors have the right to set up their own villa on the property or permanently rent or buy one of the 36 rooms in the adjacent hotel.

Part of the total of 140 hectares of vineyards, namely 40 hectares, have already been cultivated with Malbec, Cabernet Sauvignon, Tempranillo, Merlot, Syrah and Sauvignon Blanc grapes. The investors have the right to decide for themselves which grape types they want to choose for their section of 100 hectares.

"I think this is really an excellent idea for wine lovers who want to have their own professional vineyard", says Ortega. "Thanks to our experience with our own wineries and wine production here in the Uco Valley as well as Chile and Ribera del Duero in Spain, we are able to assist our clients in their work and give them valuable advice".

Christie's International Real Estate will take care of marketing and sales of investors' wines if the latter do not wish to take care of this themselves. (red.yoopress)

For more information go to: www.ofournier.com

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