#659 - small almond farm + stacked container loft

#659 - small almond farm + stacked container loft $135k
Last verified as available on April 20th, 2015
As described in seller´s ad:
“Small farm in production with a small two-level house.
Aprox 850 almond trees 8 years old. 2.18 hectares (5.4 acres) with water rights included,
as well as a tank and irrigation system.
The property has electricity, water, good drainage, and wastewater service. There is also
a shed/barn and irrigation/pump house. Good quality soils. Safe, friendly residential
area. The house is approximately 47m2 (506 sq.ft)- two floors, 2 bedrooms, one
bathroom, kitchen, living room and terrace. The house is cozy and very functional, with
a design that allows for extensions. Income from the almond sales could pay for the
property quickly. The property manager is in the area constantly and available for
showings at your convenience. Located in Catemu comuna, Valparaiso region- north of
Santiago, west of San Felipe. 1 hour drive (max) from Santiago, less to Viña del Mar.”
Price/Listing:
Metrics:
Consistent and active since Feb 5, 2015.
Advertisement says: 21.900 m2 (5.4 acres)
48 m2, 2835 UF - 69.557.500
(69,598,000 clp current) $112,000 is approx asking price)
Final closing cost- Approximately $122k (if full priced offer)
Notes:
Property manager is the seller´s father, Antonio, a civil attorney. The owner has gone to
work in the US.​
Antonio told me there was no harvest last year (2014) due to a late
frost, which is consistent with many other almond orchards in the region.
Inspected: Saturday morning, March 7th, 2015
659 - small almond farm + stacked container loft $135k
My notes from field:
According to Antonio​
, the owner/seller´s dad:
Soil type: “#2, excellent”
2.5 acciones, from the channel - costs 62mil/year/hect (approx total $250/yr)
Thursdays is their turn to access and fill the tank - aprox 7,000 liters
140 meters estimated well, which should not face problems of approval. He estimated
cost of drilling at “4-4.5 palos” ($7,000). [I´m skeptical about all this.]
Antonio is/was occupying the house Monday-Friday (during harvest).
Mauricio is the neighbor at the corner of the road.. The neighbors are paying him
50mil/month ($80) each to watch out.
Property records are with the CBR in Llay Llay
http://www.notariayconservadorllayllay.cl/
Other Neighbor (away from road):
Rossi, a doctor, works in Viña del Mar
There are 3 different varieties of almond trees.
I saw a few dead trees. Antonio says they were affected by​
entropeste - bulsaritoc.
​
Labor expense is 12mil/ per hand/ day [skeptical, seems very low].
Bee pollination service in August-September. Neighbors coordinate and share expense.
They maintain records of sales and buyer contact information.
[I have not seen the records.]
Recent production was estimated:
2012 - he didn´t know, but there was a crop
2013 - estimated 1800 kilos (a # off the top of his head)
2014 - 0
2015 - ​
1,400 kilograms raw, 600 kg shelled (update April 20)
-End Antonio´s Notes/ Assertions-
Nearest town:
Catemu, 6km north of Llay Llay
Note​
: there´s another Catemu in the Valparaiso region (south of Los Andes)
Antonio told me he would send us a copy of the deed, but he didn´t. But that´s nothing
unusual, plus they've been in harvest time.
Prices per kilo of almonds have been around 5.4-6.5 mil [right around $10/kg]
Contact:
Dan Duke
[email protected]
Chile mobile# +56 (9) 7646-6173
Skype: daniel.duke1
USA# 412-447-1950