Other Properties For Sale in Muxagata |
The biggest farm in the O\'Porto Wine Region.
GENERAL DESCRIPTION OF THE OPERATIONAL PLAN
QUINTA DAS OLGAS, alongside the Côa river, in the Muxagata parish, Vila Nova de Fozcôa county , with an area of more than 510 ha entirely located in the Demarcated Region of Oporto Wine, is the largest farm in Alto Douro.
The site has a long history, as shown by the remains of a more than 150 m long Roman road, leading to a small bridge, also Roman, over the Piscos streamlet. In the XVII e XVIII centuries, QUINTA DAS OLGAS was owned by an important family Albuquerque and became one of the largest if not the largest farm in the Northeast highlands, with a manorial chapel.
In the XX century, farming was based on vine yards and olive and almond trees. Some sheep grazed on traditional fallows, after cereal crops for auto-consumption. In the thirties, wheat campaigns enlarged the cultivated area. Wheat was interesting due to low costs, notwithstanding the modest yields. However it was abandoned later on, due to Land degradation, higher costs and other factors. Only the more fertile areas in the valleys were used for olive and vineyards together with some almond trees on the hillsides.
Experienced farm engineers studied the present situation, including pedological and climate surveys, soil analyses, cultures’ performance as compared with other farms and some Land mobilization and cultures’ tests in the field (wheat, garlic, lettuce, berries, olive trees, quince trees, peach groves). All that was the basis used to define the QUINTA vocations, as follows:
-Extensive irrigated cultures, namely vineyards, olive yards and almond trees, very well adapted to soils, climate, relief, sun light and the water made available by three small dams;
-A flock of sheep in the meadows and the existing groves of Holm oaks; and
-Some complementary cultures in terrace sides, borders of roads and streamlets, both for preventing erosion and obtaining a significant revenue.
General description
QUINTA DAS OLGAS extends along the Côa river for more than 200 m, , at an altitude of 130 m, and from there raises up to 410 m for 2,5 km in the SE-NW direction and 2 km in the SW-NE direction . A good road connects QUINTA DAS OLGAS to :
-Vila Nova de Fozcôa (7 km);
-São João da Pesqueira (EN 222 road); and
-Bragança and Vila Real or Guarda and Viseu (IP2 road).
There are some internal roads (8 km) giving access to hillsides that look towards S-SW, with regular slopes, up to the platforms at 400 m of altitude in the N-NE direction and at 350 m in the S-SW direction. The Olgas and Almacabra streamlets configure the hydrographical network down to the Piscos streamlet (tributary of the Côa river). All but the last of these streamlets are temporary. However there is water in the border’s wells during all summer.
QUINTA DAS OLGAS has the typical morphology of the Douro Highlands, namely:
-Platforms at 300 or 400 m of altitude, almost plane;
-Uniformly V shaped valleys with 35 to 45 percent slopes where hillsides are most steep and 20 a 35 percent, on the others;
-Streamlets running on stony bottom valleys and expressive alluvial borders (“olgas”).
The landscape is magnificent and, at the same time, harmonious and simple, valleys being divided by regularly shaped hills.
Soils
The QUINTA DAS OLGAS soils belong to the large Pre-cambric and Cambric schist and grauvack complex, where Douro Highlands’s vineyards grow. Their vertical or inclined exfoliation makes water infiltration and roots penetration easy as well as deep mobilization and disaggregating of the soil.
Geotecnics
Erection of Buildings deposits and structures does not raise problems. Valleys with convex and gentle slopes cut in the schist make it easy the Building of dam’s walls.
Hydrology
QUINTA’s hydro graphic basins have 16,5 km2, of which 5 in the QUINTA. Water can be retained only here.
-The water that runs on the surface amounts to 20 % of the average annual precipitation;
-3 dams x 15/20 m high, 4 weirs x 5/6 m high and 15 deposits x 1.000/2.000 m3 are built;
-The available water volume is equal to the initial storage volume less the amount of solid material that sinks in the bottom during 50 years (100 m3/km2/year);
-The stored water that evaporates is equivalent to 1.000 m3/km2/year;
-The effective water volume that can be used for irrigation is equivalent to half of the available water volume less the evaporated one; and
-An average irrigation requirement of 1.000 m3/ha/average year.
The hydro graphic basins of QUINTA DAS OLGAS will allow to irrigate more than 600 ha by gravity, without energy costs.
Basic vocations of QUINTA DAS OLGAS
-Vineyards for Oporto wine, high quality wine and grapes production;
-Olive yards for high quality olives and olive oil; and; e
-High yield almond trees.
DEVELOPMENT AND OPERATION STRATEGY
a)The strategical objective is the highest possible return on the investment, by using all the available land, high yield cultures and high productivity technical procedures, including:
-Making the investment and land mobilization by phases, over 12 years;
-Selecting diversified and complementary cultures;
-Ensuring that operation is sustainable and ecological equilibrium is maintained
b)The resources to be mobilized do include:
-Available soils, climate, relief and cheap water, all that most favourable to the foreseen cultures, namely vineyards, olive yards and almond plantations;
-Infra-structures, structures and equipment designed in order to take full advantage of the scale economies allowed by the QUINTA dimensions;
-Robust cash flows generated by the judicious choice and planning of the cultures, so that the Port wine stocks may be financed by own capital;
-A relatively small loan during the implementation of basic investment;
-Competent management and technical staff, capable of ensuring an efficient organization, the products high quality and reduced operational costs.
FINANCING
-Investments made along 13 years require 17,6 M€ of share capital in the first 7 years plus 8,7 M€ of loans, paid back in 9 years;
-The break even point will be reached 10 years after beginning of operation;
-In first 4 years, wine deemed to become Oporto wine will be sold in the year of production;
-Then it will be aged so that Oporto wine will be sold 14 years after starting operations.
PERSONNEL
a)Diversity of foreseen cultures tends to smooth required amounts of personnel along the year. Work is however essentially seasonal and therefore it will be necessary:
-To permanently contract 1 manager, 3 high qualified technicians, 7 foremen and 20 workers, meaning a permanent effective of 31 employees;
-To contract teams of workers for limited periods equivalent to [1.750 Men x month];
b)Permanent personnel will be paid monthly and temporary one, weekly.
YIEDS AND PRODUCTIVITIES
a)Experience in QUINTA DAS OLGAS and comparable farms shows that, once maturity of the cultures is reached, intensity of applied production factors and envisaged technical procedures (including irrigation) will allow high production yields, namely:
-50 hl/ha/year of wine (as compared to the current 25 hl now obtained in the region);
-2,5 hl/ha/year of olive oil (as compared to the 0,8 hl now obtained in the region); e
-3.000 kg/ha/year almonds (as compared to the 100 kg now obtained in the region).
b)Expected productivities of stabilized sales in relation to the different production factors are:
-SALES per year and used ha, discounted @ 7,5 %/year 6.040,6€/year/ha;
-SALES per year and used Men hours, discounted @ 7,5 %/year33,3€/year/Mh;
-SALES per year and invested €, discounted @ 7,5 %/year156,3 €/year/€.
c) Expected productivities of stabilized GAV in relation to the different production factors are:
-GAV per year and used ha, discounted @ 7,5 %/year 4.530,4€/year/ha;
-GAV per year and used Men hours, discounted @ 7,5 %/year25,0 €/year/Mh;
-GAV per year and invested €, discounted @ 7,5 %/year117,2€/year/€.
EXPECTED RETURN ON INVESTMENT
a) TOTAL CASH FLOW in 33 years, discounted @ 7,5 %/year136,0Mio€;
b) RETURN ON INVESTMENT 42,2%;
c) PAY BACK PERIOD, immediately after land acquisition12,5years
The PLAN is organized in three parts:
a)Study of prevailing geophysical, economical and social conditions;
b)Market study; and
c)Organization, development, operation and financing.
The Project implementation requires determination and know-how at all levels. On the other hand it is most interesting; in terms of return on investment, expected distinctive impact on the O\'Porto wine market and even the standard of life in the region.
This information was provided by the owner.
Description:
GENERAL DESCRIPTION OF THE OPERATIONAL PLAN
QUINTA DAS OLGAS, alongside the Côa river, in the Muxagata parish, Vila Nova de Fozcôa county , with an area of more than 510 ha entirely located in the Demarcated Region of Oporto Wine, is the largest farm in Alto Douro.
The site has a long history, as shown by the remains of a more than 150 m long Roman road, leading to a small bridge, also Roman, over the Piscos streamlet. In the XVII e XVIII centuries, QUINTA DAS OLGAS was owned by an important family Albuquerque and became one of the largest if not the largest farm in the Northeast highlands, with a manorial chapel.
In the XX century, farming was based on vine yards and olive and almond trees. Some sheep grazed on traditional fallows, after cereal crops for auto-consumption. In the thirties, wheat campaigns enlarged the cultivated area. Wheat was interesting due to low costs, notwithstanding the modest yields. However it was abandoned later on, due to land degradation, higher costs and other factors. Only the more fertile areas in the valleys were used for olive and vineyards together with some almond trees on the hillsides.
Experienced farm engineers studied the present situation, including pedological and climate surveys, soil analyses, cultures’ performance as compared with other farms and some land mobilization and cultures’ tests in the field (wheat, garlic, lettuce, berries, olive trees, quince trees, peach groves). All that was the basis used to define the QUINTA vocations, as follows:
-Extensive irrigated cultures, namely vineyards, olive yards and almond trees, very well adapted to soils, climate, relief, sun light and the water made available by three small dams;
-A flock of sheep in the meadows and the existing groves of Holm oaks; and
-Some complementary cultures in terrace sides, borders of roads and streamlets, both for preventing erosion and obtaining a significant revenue.
General description
QUINTA DAS OLGAS extends along the Côa river for more than 200 m, , at an altitude of 130 m, and from there raises up to 410 m for 2,5 km in the SE-NW direction and 2 km in the SW-NE direction . A good road connects QUINTA DAS OLGAS to :
-Vila Nova de Fozcôa (7 km);
-São João da Pesqueira (EN 222 road); and
-Bragança and Vila Real or Guarda and Viseu (IP2 road).
There are some internal roads (8 km) giving access to hillsides that look towards S-SW, with regular slopes, up to the platforms at 400 m of altitude in the N-NE direction and at 350 m in the S-SW direction. The Olgas and Almacabra streamlets configure the hydrographical network down to the Piscos streamlet (tributary of the Côa river). All but the last of these streamlets are temporary. However there is water in the border’s wells during all summer.
QUINTA DAS OLGAS has the typical morphology of the Douro Highlands, namely:
-Platforms at 300 or 400 m of altitude, almost plane;
-Uniformly V shaped valleys with 35 to 45 percent slopes where hillsides are most steep and 20 a 35 percent, on the others;
-Streamlets running on stony bottom valleys and expressive alluvial borders (“olgas”).
The landscape is magnificent and, at the same time, harmonious and simple, valleys being divided by regularly shaped hills.
Soils
The QUINTA DAS OLGAS soils belong to the large Pre-cambric and Cambric schist and grauvack complex, where Douro Highlands’s vineyards grow. Their vertical or inclined exfoliation makes water infiltration and roots penetration easy as well as deep mobilization and disaggregating of the soil.
Geotecnics
Erection of buildings, deposits and structures does not raise problems. Valleys with convex and gentle slopes cut in the schist make it easy the building of dam’s walls.
Hydrology
QUINTA’s hydro graphic basins have 16,5 km2, of which 5 in the QUINTA. Water can be retained only here.
-The water that runs on the surface amounts to 20 % of the average annual precipitation;
-3 dams x 15/20 m high, 4 weirs x 5/6 m high and 15 deposits x 1.000/2.000 m3 are built;
-The available water volume is equal to the initial storage volume less the amount of solid material that sinks in the bottom during 50 years (100 m3/km2/year);
-The stored water that evaporates is equivalent to 1.000 m3/km2/year;
-The effective water volume that can be used for irrigation is equivalent to half of the available water volume less the evaporated one; and
-An average irrigation requirement of 1.000 m3/ha/average year.
The hydro graphic basins of QUINTA DAS OLGAS will allow to irrigate more than 600 ha by gravity, without energy costs.
Basic vocations of QUINTA DAS OLGAS
-Vineyards for Oporto wine, high quality wine and grapes production;
-Olive yards for high quality olives and olive oil; and; e
-High yield almond trees.
DEVELOPMENT AND OPERATION STRATEGY
a)The strategical objective is the highest possible return on the investment, by using all the available land, high yield cultures and high productivity technical procedures, including:
-Making the investment and land mobilization by phases, over 12 years;
-Selecting diversified and complementary cultures;
-Ensuring that operation is sustainable and ecological equilibrium is maintained
b)The resources to be mobilized do include:
-Available soils, climate, relief and cheap water, all that most favourable to the foreseen cultures, namely vineyards, olive yards and almond plantations;
-Infra-structures, structures and equipment designed in order to take full advantage of the scale economies allowed by the QUINTA dimensions;
-Robust cash flows generated by the judicious choice and planning of the cultures, so that the Port wine stocks may be financed by own capital;
-A relatively small loan during the implementation of basic investment;
-Competent management and technical staff, capable of ensuring an efficient organization, the products high quality and reduced operational costs.
FINANCING
-Investments made along 13 years require 17,6 M€ of share capital in the first 7 years plus 8,7 M€ of loans, paid back in 9 years;
-The break even point will be reached 10 years after beginning of operation;
-In first 4 years, wine deemed to become Oporto wine will be sold in the year of production;
-Then it will be aged so that Oporto wine will be sold 14 years after starting operations.
PERSONNEL
a)Diversity of foreseen cultures tends to smooth required amounts of personnel along the year. Work is however essentially seasonal and therefore it will be necessary:
-To permanently contract 1 manager, 3 high qualified technicians, 7 foremen and 20 workers, meaning a permanent effective of 31 employees;
-To contract teams of workers for limited periods equivalent to [1.750 Men x month];
b)Permanent personnel will be paid monthly and temporary one, weekly.
YIEDS AND PRODUCTIVITIES
a)Experience in QUINTA DAS OLGAS and comparable farms shows that, once maturity of the cultures is reached, intensity of applied production factors and envisaged technical procedures (including irrigation) will allow high production yields, namely:
-50 hl/ha/year of wine (as compared to the current 25 hl now obtained in the region);
-2,5 hl/ha/year of olive oil (as compared to the 0,8 hl now obtained in the region); e
-3.000 kg/ha/year almonds (as compared to the 100 kg now obtained in the region).
b)Expected productivities of stabilized sales in relation to the different production factors are:
-SALES per year and used ha, discounted @ 7,5 %/year 6.040,6€/year/ha;
-SALES per year and used Men hours, discounted @ 7,5 %/year33,3€/year/Mh;
-SALES per year and invested €, discounted @ 7,5 %/year156,3 €/year/€.
c) Expected productivities of stabilized GAV in relation to the different production factors are:
-GAV per year and used ha, discounted @ 7,5 %/year 4.530,4€/year/ha;
-GAV per year and used Men hours, discounted @ 7,5 %/year25,0 €/year/Mh;
-GAV per year and invested €, discounted @ 7,5 %/year117,2€/year/€.
EXPECTED RETURN ON INVESTMENT
a) TOTAL CASH FLOW in 33 years, discounted @ 7,5 %/year136,0Mio€;
b) RETURN ON INVESTMENT 42,2%;
c) PAY BACK PERIOD, immediately after land acquisition12,5years
The PLAN is organized in three parts:
a)Study of prevailing geophysical, economical and social conditions;
b)Market study; and
c)Organization, development, operation and financing.
The PROJECT implementation requires determination and know-how at all levels. On the other hand it is most interesting; in terms of return on investment, expected distinctive impact on the O\'Porto wine market and even the standard of life in the region.
This information was provided by the owner.
| | Total Area | 5000000m2 | | Advertised by | 365Tel. 963667279 | | Price | €3.000.000 | |
Land For Sale Muxagata
|
|
