for sale :
Estancia San Eugenio
historic grand estancia of the 1880s
Department Forida, Uruguay
167 hectare (412 acre)
or, combined with a neighbouring lot,
soil brake-up and productivity average not changing significantly :
317 hectare (783 acre)
20 km distance from small town
Montevideo and airport at 130 km distance (1h50min drive)
Atlántida (Atlantic ocean beaches) at 100 km (1h20min drive), Punta del Este at 150 km
farmland consists of dark brown/black sedimentary soils of medium depth, 60% of land potential crop land (soya, wheat, corn, sorghum),
100% of land excellent pasture for year round grazing, either for sown pasture or natural pasture,
2x lakes, 25 x 300 m each, small streams.
Coneat : 113
Stately casco (mansion) built from 1885 to 1895, recently renovated, 7x rooms, 2x bathrooms,
with typical features of a picture book Rio de la Plata Region Estancia of the era : stately galleries, terraces on various levels, heavy wrought iron, central courtyard (patio) with cistern, mirador (tower room) high ceilings, high windows, stately palmtrees. Barn, garage, 2x bedroom home for caretaker couple, 5x large + 5x small fenced subdivisions, minor lifstock installations.
public electricity, drinking water from own well, mobile phone coverage, mobile internet coverage
AyD, the architecture and design magazine, ran a photo feature on San Eugenio in its March 2014 issue
contact detailes, impressum, disclaimer : home - farmland real estate Uruguay Argentina
San Eugenio was one of the first estancias founded in Casupá / Arroyo de Milan Region, Department of Florida, Uruguay,
in the 1880s by Don Eugenio Barragan, then exceeding 5000 hectare. It changed hands four times since then,
belonging to the Caravia family after the 1920s, the Sacco in the 1950-80s, later on the Bartesaghis until 2004.
San Eugenio has always mainly been a cattle ranch, with some grain farming being done in the 1980s.
It now consists of a small fraction of its original size
A new owner will have the basic choice between a) renting out the land or b) operate it.
a) There is a firm demand in our area as well as nation wide to rent land. A US$15.000 annual rent would be a realistic figure (167 hectare, 2015) for a contract that allows only grazing and can be terminated easily
b) Supposedly the property is more appealing to the gentleman rancher (roughly half of the asking price reflects the productive value of the farmland and the other half the value of the historic mansion, location, scenery etc) and less to the purely professional farmer. Therefore a new owner might opt for a low key extensive cattle grazing operation that requires one ranch worker and very little owner's attention, generating some annual beef production of 20 tons life weight (US$40.000) with 150 cattle and a US$15.000 net profit, covering already the cost of having an employee permanently guarding the property.
However, soils and climate set no limit to use the land more intensively and productively or for different uses altogether, wine, olives, fruits, grains etc.
property taxes and contributions add up annually to some US$2000
Some more photos and recources : Uruguay guest Estancias
About Estancias as alternatives to:
Masseria Storica in Puglia, Sicilia or Cortijo antiguo historico in Andalucia
and living at some other type of historical mediteranian estate
here some Uruguay photos ,photo impressions of summer
(similar content for sale historic estate)
venta estancia historica colonial
3 hectare eucalyptus forest
PS : one more feature has just been added, some mature palm trees, on casco's rear side :