COLDWELL BANKER COMMERCIAL SAUNDERS REAL ESTATE

BARILOCHE DEVELOPMENT LAND

BARILOCHE | RÍO NEGRO | 60.5 ± ACRES TOTAL

SREland.com/Bariloche Patrick Archer 772.205.3598 COLDWELL BANKER COMMERCIAL SAUNDERS REAL ESTATE

CBC Saunders Real Estate and Nordheimer Campos y Estancias are pleased to present 60.5 ± acres of residential development land in the heart of San Carlos de Bariloche, the premier ski and snowboarding destination in Argentina and one of the most popular resorts in . The property is located within the Laguna El Trébol Nature Reserve which allows for certain types of commercial development including a resort hotel with cabanas, a private club, or a gated residential community with multifamily units. While the land is not currently permitted for subdivision and single-family lot sales, the measure is under review by local planning officials and could receive approval this year. Pending approval, the total area that could be subdivided for residential lot sales is 18.2 ± acres or 73,600 ± square meters. This would correspond to 30 residential lots with 30 foot setbacks each measuring approximately 0.60 acres or 2,450 ± square meters. The property has amazing panoramic views of the surrounding Cerro Lopez and mountain peaks, as well as the Moreno and Nahuel Huapi Lakes. The prime location is only minutes from downtown Bariloche, the ski resort, and the Hotel Llao Llao, the most exclusive resort in the Argentine . COLDWELL BANKER COMMERCIAL SREland.com SAUNDERS REAL ESTATE ROOTED IN LAND

Cerro Catedral Ski Resort COLDWELL BANKER COMMERCIAL SAUNDERS REAL ESTATE

Hotel Llao Llao

Cerro Catedral COLDWELL BANKER COMMERCIAL SREland.com SAUNDERS REAL ESTATE ROOTED IN LAND

SPECIFICATIONS & FEATURES

Acreage: 60.5 ± acres Hectares: 24.5 ± hectares Location: San Carlos de Bariloche, Argentina Province: Rio Negro Sale Price: $3,500,000 Sale Price per Acre: $57,850 Sale Price per Hectare: $142,857 Approved Use: Resort hotel with cabanas, a private club, or a gated residential community with multifamily units & luxury amenities.

Potential Use: Single-family residential with a maximum of 30 lots measuring approximately 0.60 ± acres each, pending approval.

Distances: Central location within easy driving distance of Hotel Llao Llao (4 miles), Arelauquen Golf & Country Club (12 miles), Cerro Catedral Ski Resort (13 miles) & Bariloche International Airport (21 miles). COLDWELL BANKER COMMERCIAL SAUNDERS REAL ESTATE

AERIAL MAP

60.5 ± ACRES

LOCATION

The Bariloche Development Land is located in the Argentina Province of Rio Negro. The property can be reached by air from , a 2-hour flight with daily non-stops to the Bariloche International Airport. The property is located 21 miles from the airport and only 13 miles from the Cerro Catedral ski resort. COLDWELL BANKER COMMERCIAL SREland.com SAUNDERS REAL ESTATE ROOTED IN LAND

ARGENTINA

After a decade of isolationist policies, Argentina embarked on a new chapter of free-market, pro- business reforms in December 2015 with the inauguration of Mauricio Macri. Two of Macri’s first reforms in office brought long overdue relief to the farming and real estate sectors in Argentina. The elimination of punitive taxes on crop exports and the removal of US dollar currency controls have reignited the country’s agribusiness sector and restored liquidity to the real estate market, a sector where properties have been listed and sold in dollars for over half a century. Slowly, Argentina is regaining the levels of production and exports of beef, corn, and soybeans lost over the past decade under the previous administration. That effort was boosted in early 2018 with more protectionist trade signals emanating from Washington which lifted Argentina’s exports to key trading partners like China 25.00 and Mexico. The dollar, which surged 30% against the peso overnight upon Macri’s election, continues to move ever higher making Argentina’s hard assets, like land, a bargain for foreign buyers with dollars in hand. While political and economic winds will continue to 20.00 shift in Argentina, the country’s reputation as one of the best places to live in the Western Hemisphere is unwavering, and the quality of life in Argentina measured in terms of safety, 15.00 affordability, education, and quality of health care is arguably the best in all of 10.00 Latin America. Argentine Pesos per $1.00 US Dollar 5.00

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RIO NEGRO

Rio Negro is one of the six provinces that make up Argentina’s Patagonia. It is bordered by and the Mountains to the west and the Atlantic Ocean to the east with green valleys and isolated plateaus in the central regions. The main water source flowing through the province is the Rio Negro whose valleys form the population centers for farms and cities. Average temperature varies greatly depending on altitude and distance from the Andes/Ocean. Rio Negro’s economic drivers include agribusiness, mining, and tourism ranging from skiing in Bariloche to whale watching on the Atlantic. Rio Negro is now attracting investor groups expanding cattle production where the government estimates untapped potential of 1.2 million acres. 863.648.1528 +54.11.4807.2660 114 N. Tennessee Ave. Posadas 1564, Piso 1 3rd Floor Buenos Aires Lakeland, FL 33801 Argentina (1112)

SREland.com/Bariloche

Patrick Archer Federico Nordheimer Associate Broker Director CBC Saunders Real Estate NORDHEIMER SRL +1.772.205.3598 +54.11.4807.2660 [email protected] [email protected] [email protected] [email protected]

©2018 Coldwell Banker Commercial Saunders Real Estate, All rights Reserved, Worldwide. Every attempt is made to provide accurate LAKELAND OFFICE: HIGH SPRINGS OFFICE: information on this property, however, COLDWELL BANKER COMMERCIAL SAUNDERS REAL ESTATE (CBCSRE) does not guarantee the accuracy. Buyer should rely entirely on their own research, inspection of property, and records. 114 N. Tennessee Ave.3rd Floor P.O. Box 809 (32655) ©2018 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Lakeland, FL 33801 18622 NW US 441 Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service 863.648.1528 - Main Office High Springs, FL 32643 marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. 051918-B