Vineyards And Wineries: What US $20 Million Buys In Argentina and Spain

Cava winery with vines in DO La Mancha
Some of the best luxury vineyards and wineries in Argentina and Spain can cost upwards of US $20 million. (Inmobiliaria Rimontgo)

A prospective venture in the winery business can be profitable and worthwhile, especially for Golden Visa applicants in Spain.

The country issued its first-ever Golden Visa to a Chinese investor after a substantial investment in winery production.

Inmobiliaria Rimontgó, an elite luxury property broker in Spain, facilitated the historic Golden Visa application. Founded in 1959, the brokerage has handled not only commercial property transactions but also luxury homes.

Here are some of the best luxury vineyards and wineries that US $20 million can buy in Argentina and Spain.

Winery for sale in Catamarca, Argentina

This luxury winery in Catamarca, Argentina, produces up to 250,000 wine bottles. (Inmobiliaria Rimontgo)

A Winery With Modern Architecture In Argentina

Listing Price: EUR 12 million (US$13.3 million+)

This luxury winery in Catamarca, Argentina, produces up to 250,000 wine bottles. The site’s modern architecture is flanked by the Calchaquí Valleys in the country’s northwestern region.

The Calchaquí Valleys’ most distinctive features include diverse topography, from deserts and mountains to subtropical forests.

Catamarca, which means “fortress built on the hillside” in the Quechuan language, has 17 wineries as of 2017, according to Rimontgó.

A purchase of a winery in the province allows the owner to tap into a sizable market. With a total surface area of almost 2,500 hectares, more than 75% of wine production in the Calchaquí Valleys originates from Catamarca.

Rimontgó said that average temperatures in the region reach 18°C. Annual rainfall in the province’s valleys may reach 400mm.

Read More: Enjoy The High Life In Scenic Patagonia For $3.6 Million

Winery with Vineyards and a Historic House in DO Navarra

Production capacity at this vineyard estate in Northern Spain may reach up to 250,000 bottles, while average annual production reaches 100,000 bottles. (Inmobiliaria Rimontgo)

A Winery With A Historical House In Northern Spain

Listing Price: EUR 17 million (US $18.9 million+)

If there’s one thing that’s better than a high-end winery, it would be this prime site in northern Spain.

The winery and vineyards in Navarra come with a 19th-century house and landscaped gardens. Production capacity may reach up to 250,000 bottles, while average annual production reaches 100,000 bottles.

While there are no olive trees at the property, a purchase of the winery includes a planted vineyard.

Key details of the 36-hectare property:

  • 32-hectare vineyard
  • 1,000-square-meter winery
  • 1,500-square-meter housing
  • Clay soil
  • Tempranillo grape variety

The Tempranillo variety is best known in Spain as the main ingredient of full-bodied red wine.

Rimontgó said that the rosado de sangrado (devatting system) creates the most popular wine in Navarra: the rosé.

Read More: Cultivating Luxury: 4 Estates Producing More Than Wine Grapes

Winery with D.O Ribera del Duero

This winery in Burgos includes a planted vineyard and spectacular views of the meadow during the production season. (Inmobiliaria Rimontgo)

A Modern Winery With Apartments In Burgos, Spain

Listing Price: EUR 15 million (US $16.6 million+)

An acquisition of this winery in Burgos includes a planted vineyard. Plus, the winery offers spectacular views of the meadow during the production season.

Its façade contributes to the winery’s idyllic appeal. The modern winery is near several apartments, which makes it easier to manage the area.

Key details of the 41-hectare property:

  • 40-hectare vineyard
  • Maximum production capacity of 200,000 bottles
  • Maximum temperature of 42°C
  • Minimum temperature of -20°C

The Tempranillo grape variety is found in most vineyards in Burgos and elsewhere in the Ribera del Duero region.

While there are five authorized grape varieties, the three historical varieties comprise Merlot, Malbec, and Cabernet Sauvignon, according to Rimontgó.

Rosé wines in the region primarily use the Garnacha Tinta variety. Wine production in Ribera del Duero has a distinct taste because of its extreme climate.

Read More: Real Estate Reveries: A Toast To The Vineyard Lifestyle

Cava winery with vines in DO La Mancha

This sprawling cava winery in the La Mancha region has certification for organic farming. (Inmobiliaria Rimontgo)

A Cava Winery With Housing In Ciudad Real, Spain

Listing Price: EUR 14.85 million (US $16.50 million+)

This sprawling cava winery in the La Mancha region has certification for organic farming. The winery includes an irrigation system and a planted vineyard.

The cava winery is one of 55 vineyards in Ciudad Real, the second-highest number in the La Mancha region, according to Rimontgó.

Key details of the 1,060-hectare property:

  • 102-hectare vineyard
  • 1,200-square-meter housing
  • 3,400-square-meter winery
  • Maximum production capacity of 700,000 bottles

The common grape varieties across vineyards in La Mancha include Airén and Tempranillo, although the latter’s production has increased over the years.

Rimontgó said that 30,600 hectares are planted with the Tempranillo. French varieties such as Cabernet Sauvignon and Merlot are also common in the region.

Read More: Reserve Real Estate: Wine-Centric Homes Around The World Starting At $6 Million

Author

Randolf Santos has covered different segments of the real estate industry since 2014. He worked at S&P Global Market Intelligence before joining Forbes Global Properties as a contributor. You can reach him at [email protected]

Related