Source: Palm Springs Life
By: Janice Kleinschmidt
12.01.2008
Another opportunity comes with amenities such as a championship golf course, fruit and olive orchards, a state-of-the-art winery, and the picturesque Andes in view of your window. Algodon Wine Estates in Mendoza, Argentina, is selling 300 new home sites of approximately 2.5 acres for $50,000. Development plans include a polo field and equestrian center, tennis stadium, and luxury hotel. Buyers will own the wine produced on the land, with bottles personally labeled. Without purchasing property, however, you can buy a barrel of wine from Algodon. Prices start at $4,000, and barrel owners receive two complimentary nights at the estates to taste the wine after its initial aging.
External Link: Click here.