Farmland in Argentina offers alternative and eco friendly investment yields with 160% returns in 10 years, it is claimed.
It can provide a reliable source of income with a safe exit strategy and investors can go with cash or via a SIPP, according to alternative markets specialist Property Frontiers.
‘Our new product, Argentine Farmland, allows investors to purchase productive farmland in northern Argentina, the world’s granary and South America’s bread basket, with a five or 10 year repurchase contract,’ said Aiden Rankin.
‘This deal is structured to enable investors to purchase the land at a one third discount on its current market value. Each investor will buy a defined area of land within a large freehold estate, signing a contract to sell it at a higher price. Investors can repurchase within five years or 10 years by an Annual Payment, followed by a large Final Payment,’ he added.
He explained that with a minimum investment of £12,000 over five years investors could receive a 66% ROI (Return on Investment) or 160% ROI over 10 years.
The investment will be in land where staples crops such as wheat, soy, maize and sorghum are grown with all crops insured, he added.
The company is also looking at investment possibilities in other Latin American countries including Colombia and Peru. ‘These are fertile grounds for new forms of investment such as ecological products, as well as the more conventional staples of the property market,’ explained Rankin.
‘Investors are looking for less conventional products that also provide good and reliable yields, whether income or capital based or a combination of both. The present economic climate is encouraging people to try new forms of income or capital generation. More and more property investors see the value of supporting local economies and development projects that satisfy human needs,’ he added.
It comes at a time when there is likely to be an increase in business and trade between Latin America and other countries. New figures show that Argentina has replaced Chile as Latin America’s third largest exporter to the European Union.
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