- Updated On:
- September 24, 2021
Excellent agricultural land in the Cololó area, one of the most fertile regions in Uruguay.
This farm could be used for your own agricultural enterprise or as a source of investment income by leasing it to one of the prestigious agribusinesses operating in the region. Thanks to the excellent quality of the soil, leasing out the entire property could yield a 445 kg/acre share of soybean production, leading to a profit margin of 3.5% based on the soybean market price of USD 500/1,000 kg (as at Sept. 2011).
The building on the property is a historic farmhouse that needs to be renovated. Drinking water is supplied by a private well. Electricity is currently supplied by a generator. The public electrical power grid is 3 miles away, and a power line could easily be laid to connect to it. Basic daily shopping needs can be met in the two small towns of Palmar (9 miles away) or Villa Darwin (4 miles). The city of Mercedes, the capital of the department is roughly 30 miles away.
The property is reached by some 12.5 miles of hard-packed gravel road that branches off Route 14, a paved national highway.