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100% Start-up Capital Needed To Buy a Castle-Vineyard in Tuscany Italy
Posted by: bobthefarmer on 7/17/2008 12:43:50 PM
Funding Needed:
Above $1mil 		Category:
Agriculture & Fishery 		Website :
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Location :
Tuscany, Italy 		Viewed : 248 times
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Description:
We are seeking 100% startup capital to buy a large Middle-Ages castle but with the very latest technology in wine and olive oil making in very popular Tuscany. This large estate has 100 hectares or 247 acres of land 88.4 of which are vineyards of the world known Chianti Classico DOCG and other 10 qualities of great wines, it produces 1.5 million Euros every year and it is sold all over. Plus there are 760 olive trees in 20 acres which produces another 500,000 Euros in oil and the rest is in dry fruits and nuts, woods and pastures and sown land. The castle with its 60 rooms is also used as an hotel and in 2007 it had 2,700 customers and they were also 17,000 visitors for wine tasting. The place is very popular in Italy and internationally (Americans just love it!) as it is now on many travel guides so visitors are coming from all over the world to go in that amazing old castle drinking some of the best wines in the world. It belongs to an Italian Senator since 1930 and is now up for sale for 13,500,000 Euros or 22 million USD yet, this is the asking and not the closing price. All considered this would be a mix of agricultural and hospitality business and it is also a winery that sells 4% of its wine in its cellars. A good restaurant is one of the things that is still missing! We propose an ROI of 100% within 7 years. Please get in touch soon as this is too good an opportunity to miss, I am Italian with experience in wine and hospitality and I know that this one is a once in a blue moon opportunity. You can see the ad on its original website if you click on website now, then click on 'Tuscany Properties E1,000,000+' and is the 4th one down with Ref: Fattoria Chianti Classico there you'll find all the details. Thank you.

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