Uruguay Olive Farm With Over 5,000 Trees Producing Award-Winning Oils

Patrick Archer agribusiness, real estate, uruguay

This is a unique turnkey opportunity to own a Uruguay olive farm with two homes and complete farm facilities near the town of Minas in the Department of Lavalleja. The 44-hectare (108-acre) farm is located in one of Uruguay’s best regions for olive production given the native soil quality, the rolling terrain of the Lavalleja sierras and outstanding water resources. In fact, the country’s most important bottler of spring water is located next door.

The farm has 5,000 olive trees of which 3,000 were brought over from Israel and are now seven years old…near-peak maturity for olive trees. There are another 500 six-year-old trees also from Israel which produce “aceitunas de mesa” (table olives). The other 1,500 olive trees are almost two-years-old and were all derived from our finest mature trees, so they are already perfectly suited for the local climate.

The farm produced 48,000 kilos of olives last year, a figure that will increase this year as more trees begin to reach maturity. The olive oils produced on this farm won 2011 and 2012 Gold Medals at the prestigious Mendoza Olive Oil Exposition, Expoliva. Only 20 olive oils received this award out of 140 entrants from Argentina, Uruguay, Spain and other countries.

Beyond the olive acreage, the remainder of the farm is divided into 5 large fields. One of the fields has 100 head of cattle including breeding cows, calves and steers, an operation which generates additional rental income for the owner. Aberdeen Angus are being inseminated with Wagyu, and the farm sells approximately 30 steers annually.

This farm features two homes, one for the owner and one for the caretaker, storage sheds and all farm equipment for managing the olive and cattle breeding operations. The corporation and Gold Medal-winning olive oil brand under which the farm’s production is sold is also included in the purchase price.

The farm is perfectly situated between Punta del Este (60 miles to the southeast) and Montevideo International Airport (60 miles to the southwest).

Price: US$880,000


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