#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
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