Launched in 2005, La Negra is a 1600 hectare property (almost 4000 acres) that has 1,410 hectares of rapidly maturing Pine and Eucalyptus. It differs from other forestry projects in that each unit includes waterfront lots on the 1600 sq. km. Yacyreta lake (over 600 square miles) on the Paraná River, as well as polo and equestrian activities focused development. La Negra is sold out since 2006, and a number of early investors have already opted to take advantage of returns in excess of 33% by selling their units on. There continue to be occasional opportunities to purchase resale units together with their corresponding waterfront lots.
Located adjacent to our La Negra project, La Negrita is comprised of 613 hectares (over 1500 acres) of pine. La Negrita units also include lakefront lots in our polo and equestrian activities focused development on the shores of Lake Yacyreta, on the Paraná River. The project was sold out during its first year, but there are occasional opportunities to buy units from initial investors.
Our most recent forestry project consists of 580 hectares (over 1400 acres) of pine and eucalyptus. Launched in February, 2009, El Carrizal is already 50% sold. The project has a lower threshold of entry ($50,000 as opposed to $100,000 of earlier ones) and proving to be very popular with retail investors. Interested parties should contact Ushay soon to avoid disappointment.