More than just a sound investment, this splendid property provides an exquisite lifestyle of timeless beauty set in the breathtaking surroundings of rolling hills and stunning mountains.
The many charms of the Argentine countryside are the main highlights of the spectacular hotel property development. The unique hacienda is the perfect place to retreat from the city, to enjoy the calm and tranquillity of nature, along with great outdoor adventures.
Situated on more than 5,600 acres in the heart of the Ongamira Valley in the province of Córdoba, the stunning collection of properties for sale is sure to dazzle both investment and lifestyle buyers. So special and peaceful, here is a rare opportunity to indulge in the choice of stylish properties, ranging from hotel residences, to homesites and grand estates.
Although the fine property is spectacular in its remote beauty, it is also easy to reach. The property is only an hour’s drive from the provincial capital city of Córdoba, just 40 miles away.
Frequent daily flights from Buenos Aires take one hour, which is one of the many reasons the area is so popular as a weekend and holiday destination for the burgeoning middle class of Argentina. Flying to the nation’s capital is easy, with direct flights from many major airports, including Miami, Dallas, Houston, New York, Atlanta, Madrid, Frankfurt, Paris, Rome, London, Panama City, Mexico City, Sao Paulo, Rio de Janeiro, Lima, Santiago and Quito.
The property sits amidst beautiful rolling hills, rivers and lakes, with fantastic horseback riding, trekking and fishing nearby. The views are breathtaking and the estate is known as one of the few places in the world where one can watch giant condors soar.
An acclaimed boutique hotel with a superb reputation forms part of the estate, and is featured by numerous international luxury tour operators and travel agencies. Being part of the same estate as the hotel means that the to-be-built properties will have more than a decade worth of success and reputation right from the start. Consequently, demand for rental and resales should be high. Add to this the simply breathtaking surroundings and luxurious properties for ownership, and what is on offer here is an investment with all the ingredients for success in the short, medium and long term.
There will be three types of investment opportunities: hotel residences, homesites and grand estates. A select number of 1- and 2-bedroom hotel residences are now available for sale at the well-known boutique hotel.
The specific location of each residence has been carefully selected to maximise the stunning, unobstructed views of Condor Mountain in the distance, along with forests, valley and rolling hills. The fine residences combine the elegance of traditional style and colonial Old World charm, creating a sophisticated yet unpretentious relaxed environment.
Each luxuriously appointed residence will face the beautiful sunsets, which can be enjoyed from its own terrace or private plunge pool. All residences will be situated in an area not far from the existing hotel, yet far enough away to ensure privacy.
Each residence will be placed in the hotel rental pool with revenue shared 50/50. With current average daily rates of USD600, the reputation of the boutique hotel will generate attractive rental income for investors. Based on a 50% occupancy rate, annual yields are expected to be 9.2% for the 1-bedroom residences and 10.1% for the 2-bedroom residences.
Each owner is entitled to four weeks personal use per year. This can also be used at the hotel’s sister beachfront property in Placencia, Belize, or at a stylish jungle retreat in Cayo Rainforest, Belize.
A maximum of 23 1-bedroom hotel residences and two 2-bedroom hotel residences will be constructed in two phases.
For those in search of their dream hideaway, the homesites provide a rare opportunity to build a fabulous, bespoke vacation home. Impressively, all homesites are situated on a minimum of 2.5 acres. The homes are to be built to the owners’ individual taste, design and specifications. The custom houses can be maintained by the experienced hotel management company.
For the discerning few who seek the very best, the grand estates provide a unique, limited-edition lifestyle reserved for only 23 privileged families. Located in an exclusive and private setting, the luxuriously modern homes are located throughout the property. Designed to offer a no-compromise luxury lifestyle, the residences offer investors several unique floorplans. Conversely, owners may design their own home.
Set high in the Sierras Chicas, which lie to the north of Córdoba, the property was once a working cattle ranch. Now a luxury retreat, the boutique hotel is housed inside a 100-year-old estancia. Beautifully transformed and lovingly restored, the original structure and buildings, built by an English family in the early 20th century, have been preserved. Evoking nostalgia for frontier times, its interiors enhance the beauty and magnificence of the valley. The luxurious and comfortable bolthole remains true to its roots and its location, with its traditional Argentine estancia style.
The gorgeous property also features exceptional home-cooked food and gracious service. The main building has a comfortable lounge with an array of interesting books and games on offer. From the lovely garden, resplendent with lush trees, one can see Cerro Colchequín and Terrones de Ongamira.
In a setting of unsurpassed beauty, the fine property boasts one of the world’s most secluded, most comfortable and most pristine scenic settings – a community constructed in harmony with the natural environment. The area is truly magical – it is no wonder that it is so popular with the Argentinians.
The hacienda-style hotel is renowned for offering some of the best horseback riding in Argentina. Catering to all riding abilities, it features about 50 horses to choose from and 5,600 beautiful acres of rolling hills to be explored. There are also a multitude of other activities within and near the property, including mountain biking, paragliding, trekking, historic sightseeing, birdwatching, fishing, rock climbing and 4-wheel vehicle treks.
It is also the perfect venue for simply relaxing and enjoying the lovely landscape from a quiet corner. The property features a swimming pool, while a golf course is under construction.
The hotel is near historic Alto Ongamira and other worth-visiting destinations, including Ischilín, Fader Museum, Uritorco Hill and Santa Catalina, a Jesuit convent, as well as Córdoba. The historical and beautiful city of Córdoba is the provincial capital, and the second biggest city in Argentina, and holds some of the country’s finest examples of colonial architecture.
Lying about midway between the Andes and Buenos Aires, the province of Córdoba represents much that Argentina is known for, and is often thought of as the country’s heartland. Here one finds the stark juxtaposition of the flat pampas with the rolling sierras, the first mountain chain one encounters when moving west toward the Andes. This landlocked region offers some exquisite Jesuit architecture, as well as excellent outdoor activities. Only an hour’s flight from Buenos Aires, the area is a popular tourist destination because of its history and impressive landscapes.
Vibrant and diverse, Argentina is a truly fantastic country, with unsurpassed investment potential and lifestyle quality. It has so much to offer – Buenos Aires’ Old World elegance and New World cool; popular wine producing regions; world-class ski resorts; exclusive golf and country clubs; Patagonia’s breathtaking lake district; and the awe inspiring glaciers at the southern tip of the continent.
The quality of life in Argentina is incredibly high, and value for money in all respects is excellent, from red wine and steaks, to real estate.
Argentina is one of the fastest growing countries in the world and its unemployment rate fell from 21.5% in 2001 to 6.4% this year. It boasts more than 2,000 multinational companies operating here, companies lured by highly qualified workers, natural resources, modern infrastructure and years of technological and industrial development.
Significantly, it is Argentinians themselves who are driving the real estate and tourism markets. Many residents are buying second homes and taking vacations in their own country. As well, most purchases are made in cash, ensuring a solid foundation for the real estate market. All of this ensures a good buffer from international economic problems.
A premium opportunity, investing in this elegant property in Córdoba is truly like purchasing a little slice of heaven, offering a welcome retreat from the stresses and strains of the world.
Price: Phase 1 hotel residences start at USD300,000.
