South American Real Estate News
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High-altitude Argentine winemaker profits from peso’s fall

A Swiss multimillionaire has slowly profited from the country’s economic crisis with a Salta vineyard that exports 65 percent of its product to the US. Two decades after acquiring vineyards in the foothills of the Andes, Swiss multimillionaire Donald Hess is finally turning a profit in Argentina, helped in no small part by the peso’s dramatic collapse. Seeking expansion beyond his Napa Valley assets, Hess bought Bodega Colome in the picturesque Calchaqui valley in June 2001 to produce…

La Estancia de Cafayate – Lifestyle homes in Northern Argentina

La Estancia de Cafayate is an 550 hectare exclusive international community that combines vineyards, golf and horses, a world class spa and fitness facililty, among many other world-class amenities such as a 5-star hotel. It is located just outside the historic and charming town of Cafayate, in the heart of the breathtaking Calchaqui Valley in the south of the province of Salta, in northwest Argentina. Cafayate sits 1,683 metres above mean sea level, at a distance of 189 kilometres from Salta City and 1,329…

Cafayate Wine Trails

The main route to Cafayate, Route 68 (a very good road, easy driving 186km), has perhaps the most dramatic scenery in the entire North West of Argentina. It’s like seeing all of the dramatic scenery of the western USA crammed into one relatively short drive. Cafayate is beautiful and does show you an authentic small Argentine town, but the culture is very much”VINOcultura” — vineyards and wine, wine everywhere.  Located at the central zone of the Valles Calchaquies 1,683 metres…

Argentina: Doug Casey’s favorite place in the world

Taken from a recent interview done by Lous James Let’s start with the big question. Why, of all the places in the world you could have selected to build your vision of paradise on earth, did you choose Argentina? Doug: For some time now, I have stressed the importance of diversifying internationally. I wanted to diversify outside of the United States, because although every country in the world is headed in the wrong direction, at this point in time the US is heading there more quickly and with far more…
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