Large investors have once again focused their gaze on the Spanish countryside, an alternative asset to traditional brick and mortar that can offer a high return in relation to risk, an umbrella against inflation and safety from the shocks of the financial markets. It is in this context that Agroventurer was born, a new entity focused on the primary sector, and more specifically on the cultivation of organic vegetables in the province of Almería.
The profitability that Agroventurer’s assets can offer can be between 15 and 20% per year, with vegetables and organic cultivation in greenhouses able to offer the best performance. This new management firm is based in Almería, the province with the largest area of vegetable cultivation in Spain and the leading exporter of fruit and vegetables to the European Union. The sustained upward trend in the consumption of fresh organic products in most European countries offers even greater prospects.
The initial investment that Agroventurer will make will be €2.7 million, for a 10 ha farm on which organically certified vegetables will be grown and marketed from the start.
The minimum investment that investors can make in each of the projects managed by Agroventurer is set at €30,000 and it is expected that investors will receive benefits from the second year of operations.
José María Fernández Cañas, member of the founding team of Agroventurer, points out that the primary sector now “allows for historical returns [on investments], resists economic cycles better than other sectors and has demonstrated its resilience in the face of inflation in recent months or the volatility of the effects of the war in Ukraine”. Investing in agricultural land provides “real assets”, said Graciela Muñiz, also a member of the founding team; “an asset based on something as basic as people’s food”.
At the new firm, Luis Andújar, an expert in fruit and vegetable production, will be in charge of monitoring production and compliance with the requirements and protocols for the cultivation of organic vegetables. “The Spanish agricultural sector has matured and it is a real opportunity to be able to participate in the transformation of many farms in Spain,” said Andújar.
It is estimated that, in the province of Almería alone, considered by many as “the garden of Europe”, there are more than 31,000 hectares of winter crops, which is the largest area of vegetables on the continent. And compared to other competing countries such as the Netherlands or France, greenhouse cultivation has a lower cost, since it is not necessary to use energy to heat the interior of the greenhouses. “In Almería, the sun rises almost every day. And it’s free,” said José María Fernández Cañas.
For more information about Agroventurer: www.agroventurer.com