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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (44101)11/4/2005 4:30:49 PM
From: David JonesRespond to of 306849
 
>>>>high premiums to live in San Francisco<<<<

For some but not my buddies son and his wife. They're renting a place in SF that five years ago would me close to twice the price.



To: bentway who wrote (44101)11/4/2005 9:58:16 PM
From: Proud DeplorableRead Replies (1) | Respond to of 306849
 
Oh yeah....check this out. Buenos Aires has both of those places eat for quality of life and look what you get for 279,000
realestate.escapeartist.com

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To: bentway who wrote (44101)11/4/2005 10:07:09 PM
From: Proud DeplorableRespond to of 306849
 
Keep Manhattan just give me that .......

52,547 Acre Sheep-Farm In Patagonia, Argentina

Sell Price: $1,100,000
Location: Telken, Patagonia - Argentina
Santa Cruz
Argentina
Property Type: Farm/Ranch
Property Details: Situated 27 Km. from Perito Moreno in the Lago Buenos Aires area, towards the northwest of Santa Cruz Province, 400 Km from Comodoro Rivadavia (southern Argentina). It is one of the best sheep stations in the district, and has been run by the same family since 1915.

Mainly a sheep breeding farm with a secondary use as tourism using the main house for such purposes. Presently stocks a heard of 4000 Coridale & Merino breed. Also has 80 horses and 30 cows.
Net yearly income: cattle and tourism combined: U$S 40.000.
Hotel activity generates U$S 15.000, mainly web based activity from international travellers.

Infrastructure and improvements

The farm is easy to manage with two permanent shepherds as it is divided into several paddocks that give on to the main settlement or `casco´ of the `estancia´, thus avoiding having to herd the cattle over long distances to move them from one place to another.
Installations: House, sharing sheds, corrals, garage, fencing, etc. are all in good order.
The main house--presently in use--together to what used to be the second´s house (guest house) now used to receive tourists, are sheltered from the Patagonian winds by a hill and abundant poplars and weeping willows.
In the main house there are 2 bedrooms with private bathrooms and another twin bedroom that shares the bathroom with the main bedroom.
Main bedroom is roomy and has a view of the entrance and the garden. There is also a living room, dining room, a large breakfast room and kitchen, an outdoor laundry and a maid´s room. The second house also has three bedrooms and two bathrooms.
There is an English style garden with lawn and - according to the season- flowers.
Guests are lodged in the main house and the guest house and the common table is shared with them. Should they wish to do so, guests can partake of the working of the estancia.
The maximum number of people than can be accomodated at one time is 15 although upgrading is easily achievable at an approximate building cost of U$S 60.- per sqft.
There is a section of the garden that is set apart for camping and this includes use of the `quincho´ or bbq area and bathrooms with hot and cold water.
More than 600 tourists drop by the season (between October and April) and the well known route 40 is becoming more and more a scenic route to follow as it covers most of Argentina from north to south.
The area is studied with important archeological and historic sites in spectacular canyons, lakes and mountains that can be visited during the day coupled with that special feeling of being in Patagonia.
There is a thousand meter long landing strip and communications are established via telephone through a short wave HFZ. There is also a Direct TV link so as to be permanently informed by television.
Electricity is generated by a private unit. The total housing area is 1156 sqm.

Climate
The climate is cold and dry in a semi-desert landscape and average rainfall is less than 250 mm per year.
Strong winds from the west, rain or snowfall in winter, dry summers and frosts throughout most of the year are the main characteristics.
Mean temperatures are on average 10 to 14º(celcius) in the North and 5 to 8º in the South. It snows between May and August.

Soil
80 % Typical of areas with low rainfall. They contain little organic matter. They can be deep and rich is sorts such as chalk and calcium carbonate. They can also be stony. PH content alkaline, low organic matter contect and highly suceptible to erosion (marginally at).
2 % There are parts that have more humidity, better earth and softer grass that is more palatable and nourishing.

Water
Abundant, natural and fresh water.

Fire risk: Low.
Risk of flooding: None.

Production figures

Maximum capacity: 8.000 head of sheep.
At present: 4.000 head of Merino and Corriedale sheep.
Breed: Corriedales (Formed by Fine Merino and Lincoln) and Merinos.
Orientation: Meat and wool.
Last production: 16.000 Kg. per annum
Management plan: Summer and winter feeding.
Calving: 75 %.
Web Site: argentinahomes.com
Date Published: 03-Jun-2005
Date Updated: 11-Oct-2005

realestate.escapeartist.com



To: bentway who wrote (44101)11/5/2005 10:51:40 PM
From: John VosillaRead Replies (1) | Respond to of 306849
 
Yes SF is a wonderful place. But still I doubt they are paying these extreme prices because of that. Most likely it is still the cheap money, rollover of equity and appreciation expectations of the masses. If I am wrong then these $1M homes should be renting for $6-8k a month and not $2k or less as appears to be the case..