We wanted to let everyone know about a project that a friend and business associate of ours is doing in Mendoza, Argentina. After building two condo-hotel properties in Buenos Aires, Palermo Place and Palermo Tower, he has turned his attention to Mendoza where he is building his next property – Auberge du Vin.
Auberge du Vin is a luxury private residence and condominium-hotel development located in Valle du Uco, Mendoza, in the heart of Argentina’s wine country. This environmentally responsible property features 24-hour reception lobby, gift shop, restaurant and bar, wine cellar, business center, solarium, terrace with fire pits, indoor/outdoor pool, gardens, golf and polo club, laundry and more.
There are currently 8 units remaining in pre-sale out of the original 28. This is an excellent opportunity to invest in a hard asset with the opportunity for a great rate of return. Plus, you get the opportunity to use your unit whenever you want and membership in the Tupungato Winelands Golf and Polo Clubs, Burco Club and the Tupungato Winelands Wine Club. In addition, you’ll have common ownership of the vineyard with the other owners which will give you an annual allocation of wine which you can private label as your own.
Personally, we’ve been very happy with the Palermo Place Hotel and have taken the opportunity to be a part of this new project as well. If you’d like more details, you can check out this overview of the project or send them an email.