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snowdog20
Forums Member
Joined: 28 May 2008
Posts: 5
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#1 · Posted: 28 May 2008 18:55
Hey All,
I'm new here, but for my contribution of ideas. What I did in September, 2007 was purchase a 39 acre Finca in Mendoza Argentina. I have a 10 acre plum orchard, 5 acres of grapes, 14 acres alfalfa, a house with plumbing, no electric yet but cost to install is around $2500. Not bad considering cost of living in the USA now. I have around 11 acres not in production. When all is done should be around $40,000 net per year. Land is so cheap there! Cost of my property in beautiful Mendoza??? $75,900!!! Peanuts!
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Hi all from Diwaniyah, Iraq. I'm an american contractor. Been here since February 2006.
http://pipboxer.com/comparison.php?PARTNER=snowdog20
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mountainmom5
Joined: 30 Aug 2007
Posts: 2807
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#2 · Posted: 29 May 2008 01:10
That just sounds plum pretty! I might have to come visit you...
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aleker
Forums Member
Joined: 18 May 2008
Posts: 36
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#3 · Posted: 31 May 2008 21:47
Thats impressive. I've never thought about buying real estate in different countries.
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annadenise
Forums Member
Joined: 9 Mar 2008
Posts: 300
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#4 · Posted: 1 Jun 2008 09:28
Ironically, my husband and I have been looking at Belize, since it is under English law. However, we want to go there first and see it firsthand. We also have friends that are in Costa Rica now looking around. At some point, dreaming right now, I would like to do this for about 6 months of the year and keep something small in the USA for the other 6 months vs. the large house and expenses we have now.
Did you buy sight unseen, or go there for a visit? Do you live in Mendoza, or have someone working the land for you?
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gbusiness3000
Forums Member
Joined: 1 Jun 2008
Posts: 10
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#5 · Posted: 5 Jun 2008 18:27
Do you just rent out the properties for profit? Let me know your general strategy because it sounds intriguing!
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neilac
Forums Member
Joined: 22 Feb 2008
Posts: 34
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#6 · Posted: 15 Nov 2008 01:54 · Edited by: neilac
It's impressive until you go and get the real "skinny". There are many retirement havens but the best are only now being discovered. Most are barely civilized but will become so and very quickly. One has to be prepared to spend some cash to find out, visit and then invest. It's not for everyone but it works for many. Just got to be flexible and accepting. As do the people you will run in to.
Neil
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