Friday, June 27, 2008
Mendoza: the “Napa Valley” of Argentina
Mendoza, sometimes referred to as the “Napa Valley” of Argentina, is an extraordinary place. More and more people have begun to recognize it as a thriving wine region worthy of attention. Mendoza is responsible for more than 70% of Argentina's wine production, an impressive number when considering the country is the 5th largest producer of wine in the world. As the world's familiarity with Argentine wine grows, international demand grows with it. The wines of Mendoza are world-class quality. Argentina's wine regions spread from the foothills of the Andes Mountains, and all the runoff water from glacial melt of the snowcaps is used for irrigation for the whole region. This is some of the purest water on the planet. A person may enjoy a glass of estate grown malbec just a little bit more, by knowing that.
Mendoza has experienced an explosion in popularity over the past decade, and the region is ripe with new winery and real estate development. There’s obvious evidence of it everywhere. Northern California also saw a real estate explosion in the 1980s and the analogous investment potential couldn’t be more obvious. Mendoza real estate prices are currently a fraction of the cost you would find in any other major wine region in the world. Vineyard estate developments are popping up across Mendoza’s landscape; and this trend seems to be rapidly growing in momentum. In fact, I believe we’re one of the trailblazers of this movement.
For information on how to buy Argentina real estate at Algodon Wine Estates, or to read more about Mendoza vineyards for sale, please visit our website.
- Scott Mathis