860 ha Andean Estate Generating USD 685K, 29% Project IRR, Mendoza, Argentina
Featured For Sale
- USD 2,500,000
Featured For Sale
860 ha Andean Estate Generating USD 685K, 29% Project IRR, Mendoza, Argentina
- USD 2,500,000
Overview
- Farm, Hotel, Lifestyle, Residential Development, Tourism, Vacation Rental
- Size
- 860 ha Size
- https://bit.ly/3SDHUsa
- 89281
Description
At the foot of Cordón del Plata, Mendoza — two operating businesses producing USD 685K in day-one revenue, a young vineyard already in the ground, and a nine-unit growth pipeline projected to scale mature-year revenue to USD 8.8 million with a 29–54% project IRR.
Property Types: Farm, Hotel, Lifestyle, Residential Development, Tourism, Vacation Rental
This is not a speculative land play. Vallecitos is an 860-hectare mountain estate at 2,500 m in the Mendoza pre-cordillera that is already in business: a 4-cabin hospitality operation and a cattle lease are running today and together bring in USD 685K in annual revenue — cash flow an investor steps into on day one — while a young Malbec vineyard is already in the ground as the estate’s next production line. That existing income sits inside a much larger opportunity: 845 hectares remain in pristine conservation state, bordering the 175,500-hectare Cordón del Plata Provincial Park, with a nine-unit development pipeline projected to scale the property’s mature-year revenue to USD 8.8 million at a 29–54% project IRR.
Already Generating Revenue
Unlike most development-stage mountain estates, Vallecitos comes with proven, operating income:
- Odella Casas de Montaña — 4 fully furnished cabins running at 68% annual occupancy (versus a 42–52% regional average) at a USD 180/night average daily rate, generating USD 520K in Year-1 revenue at a 45% EBITDA margin.
- Mountain Cattle Lease — an active grazing lease currently at 200 head, generating USD 165K in Year-1 revenue at an 85% EBITDA margin, with a contracted path to scale to 1,500 head — USD 1.2M/year at maturity.
- Altitude Vineyard (3 ha) — Malbec and cold-climate varietals already planted at 2,500 m, with USD 35K invested to date; the estate’s next revenue line, coming online from Year 3.
Together, the two operating businesses are generating USD 685K in combined day-one revenue — commercial proof that the property performs and a cash-flow base that funds and de-risks the next phase of development rather than relying on it.
The Growth Pipeline: Nine Business Units, No Single Unit Over 28% of Revenue
Beyond the businesses already generating revenue, six additional units are planned in phases through Year 10, diversifying the estate across hospitality, agriculture, adventure tourism, and conservation finance. At maturity (Year 10), the full nine-unit portfolio is projected to generate USD 8.78 million in revenue at a 50% EBITDA margin, with no single unit exceeding 28% of that total:
Business Unit | Year-10 Revenue |
|---|---|
Odella Casas de Montaña | USD 0.80M |
Mountain Cattle Lease | USD 0.45M |
Camping & Mountain Services | USD 0.75M |
Premium Boutique Hotel (20 keys) | USD 2.38M |
Refugio San Antonio | USD 1.77M |
Enduro & Adventure Circuit | USD 0.54M |
Altitude Vineyard & Winery | USD 0.95M |
Heliport & VIP Access | USD 0.49M |
Green Bonds / Carbon Credits | USD 0.67M |
Total mature portfolio | USD 8.78M |
The Hotel Anchors the Portfolio
The 20-key contemporary mountain lodge is the single largest unit in the mature portfolio — projected at USD 2.38M in Year-10 revenue, 27% of the total. It’s built to offer wellness, all-inclusive service, and direct access to adventure programming and wine country, with Odella’s existing guests as natural captive customers for the hotel’s gastronomy, spa, and adventure experiences.
- ADR ramping from USD 500 (Year 3) to USD 750 (Year 10)
- Occupancy ramping from 35% (Year 3) to 65% (Year 10)
- 35% EBITDA margin at stabilised occupancy
- Capital deployment: USD 5.2M phased over Years 2–4, plus USD 450K in Year 2 to restore the historic Refugio San Antonio confitería as a differentiated food & beverage anchor
Location & Natural Capital
- Direct border with Cordón del Plata Provincial Park (175,500 hectares) — private gate-level access to a corridor of over 335 glaciers and peaks ranging from 3,000 to 5,968 m, expanding the estate’s recreational footprint at zero acquisition cost.
- 80 km from Mendoza International Airport — 90 minutes by road, or 15 minutes by helicopter from the estate’s own helipad zone — and 280 km from Santiago, Chile via National Route 7, the Atlantic–Pacific bioceanic corridor.
- Complete water sovereignty — two permanent creeks and multiple springs entirely within the property boundaries, a certified flow of 0.8 m³/s (~25 million m³/year), with full irrigation rights already processed. This same water feeds the Río Blanco into the Potrerillos reservoir, which supplies drinking water to the city of Mendoza — a strategic, independently appreciating resource, and one made more valuable as Andean glacier retreat accelerates regional water scarcity.
- Existing infrastructure — medium-voltage three-phase electrification and all-weather road infrastructure across the entire property, plus a caretaker facility base.
- Andean Condor release site, run in partnership with provincial conservation programs — rehabilitated condors are released directly from the estate, and structured wildlife-tourism and photography workshops turn the program into a monetizable experience tied to genuine conservation impact.
- 845 hectares remain in pristine conservation state — native forests, high-Andean wetlands, and glacial watersheds — with only 15 hectares carrying the estate’s current operational footprint (the Odella cabin complex, vineyard, caretaker facilities, and internal road network).
- Title status: 580 of the 860 hectares hold clean title today; the remaining ~220 hectares are in an active título supletorio regularisation process before the Mendoza courts.
Regulatory Tailwinds
Vallecitos qualifies under Argentina’s Law 27.675 (Mountain Tourism Promotion):
- 15–20 years of fiscal stability, freezing municipal tax exposure
- 10 years of income tax and gross receipts exemptions
- Accelerated depreciation — infrastructure and hotel capital expenditure fully depreciable under the priority regime
- Zero stamp tax on tourism investment transactions
- Constitutional foreign-investment protection, with the provincial government designating mountain tourism a priority sector
- USD-denominated cash flows and an investment structure that permits a USD-denominated SPV (or equivalent ownership vehicle) for international investors — natural currency hedging built in
Conservation Finance: A 90%-Margin Revenue Line
The estate’s 845 hectares of native forest and conservation area are eligible for green bond and carbon credit issuance from Year 3, projected at USD 0.67M in Year-10 revenue at a 90% EBITDA margin — a near-pure financial instrument, and a powerful ESG narrative for institutional LPs, family offices, and conservation-aligned capital.
Financial Snapshot (10-Year Model)
Vallecitos already produces USD 685K a year from operating businesses. The 10-year model, discounted at a 12% WACC, shows that the base scales substantially as the remaining pipeline comes online — all three scenarios clear the hurdle rate:
Metric | Base | Upside | Stretch |
|---|---|---|---|
Year 1 Revenue | USD 1.0M | USD 1.2M | USD 1.4M |
Year 5 Revenue | USD 7.2M | USD 8.7M | USD 10.1M |
Year 10 Revenue | USD 8.8M | USD 10.5M | USD 12.3M |
Year 10 EBITDA (50% margin) | USD 4.4M | USD 5.3M | USD 6.1M |
Project IRR | 29% | 41% | 54% |
NPV @ 12% | USD 4.2M | USD 7.4M | USD 10.6M |
Payback Period | 6 years | 5 years | 4 years |
ROI Multiple (Y10) | 1.6x | 2.0x | 2.3x |
Total phased capital expenditure: USD 18.1 million over 10 years, deployed in three stages — Phase 1 (Years 1–2, Refugio + Heliport + Adventure Circuit, USD 3.1M), Phase 2 (Years 2–4, the Premium Boutique Hotel, USD 5.2M), and Phase 3 (Years 4–10, vineyard build-out, carbon program, and portfolio scale, USD 9.8M). The listing price of USD 2.5M compares with a 10-year NPV range of USD 4.2M–10.6M.
Note: the model’s own Year-1 Revenue line (USD 1.0M Base) reflects the full first-year run rate across the model’s assumptions, distinct from the “USD 685K day-one revenue” figure highlighted above, which the source brief frames specifically as revenue already being generated today from the two currently operating businesses. Worth clarifying internally which figure you want as the public-facing headline number.
Important Note: Google Maps cannot accurately locate a farm address, so the provided location is only a guide. If you would like a KMZ location pin, please contact us.
Property Documents
Vallecitos_Investor_Deck
Address
Open on Google Maps- Department/Province:: Mendoza
- Country: Argentina
Details
Updated on September 8, 2026 at 5:44 pm- Property Code: 89281
- Asking Price USD 2,500,000
- Land Area 860 ha Size
- Property Type Farm, Hotel, Lifestyle, Residential Development, Tourism, Vacation Rental
- Property Status For Sale
- Useful Background Information https://bit.ly/3SDHUsa
Video
Contact Information
View ListingsSimilar Listings
100 ha in Uco Valley, Water-Secured, Five Export Markets, Mendoza, Argentina
Argentina, Mendoza, Uco Valley, Finca Buena Vista, Rivadavia, Mendoza Province, Argentina100 Hectares in the Uco Valley — 65 in Full Production, Water-Secured,...
Unique lifestyle property, character, potential for boutique hotel, Argentina
Argentina, Mendoza, San RafaelSet among the oldest historic estancias in San Rafael, alongside the renowned...
Finca Siete Puertas: Premier 90-Hectare Vineyard in Mendoza’s Prestigious Wine Region
Argentina, Mendoza, Arengue, La Consulta, Mendoza Province, ArgentinaDiscover Finca Siete Puertas, an exceptional 90-hectare estate in the heart of...
Tourism Farm in Mendoza
Argentina, Mendoza, San Rafael, Mendoza Province, Argentina, San Rafael, San Rafael, Mendoza Province, ArgentinaWelcome to this exceptional tourism farm, a true oasis of relaxation and...
Disclaimer: GTSA believes that all data and information on this website regarding Real Estate for sale, purchase, and rental are correct and are from reliable, independent broker sources. However, no warranties are made regarding the accuracy of any descriptions and other details. Such information is subject to errors, omissions, price changes, tenancies, commissions, prior sales, leases or financing, or withdrawal without notice. Property sizes and boundaries are approximate and should be verified by consulting an independent local lawyer, agronomist, architect, surveyor or engineer before buying. Photographs are for illustrative purposes only and are not contractually binding.

- BBI Argentina

