NYC Investors Acquire Major Mendoza Real Estate Development

Patrick Archer agribusiness, lifestyle, real estate, us companies, visionaries, wine & vineyards

A high-profile residential vineyard development south of Mendoza City just received a major boost of cash and confidence from a large New York shareholder who is taking control of the entire development. Manhattan-based real estate developers Youngwoo & Associates (YWA) are taking over the 2,000-acre Santa Maria de los Andes (SMdlA) project in Agrelo, a gorgeous Mendoza terroir with breathtaking views of the …

Mendoza Lot Prices Rise 18%; Best Appreciation Among Global Wine Regions

Patrick Archer aruba, average prices, competitiveness, foreign investment, global rankings, lifestyle, real estate, wine & vineyards

Mendoza lot prices rose an average of 18% in 2011, according to new data released this week from the Mendoza Real Estate Association. The analysis found while the price of the average lot in Mendoza rose 18% last year, there were some cases where annual appreciation was closer to 25% depending on the lot size, location and surrounding amenities. Los …