Private & Confidential
Investment Memorandum
Prepared July 2026
Karokh, Herat Province · Afghanistan
Karokh Vineyard Estate
Historic vineyard terraces east of Herat
Guide price
$940,000
Price basis
≈ $23,500 per jerib
Extent
40 jeribs (860,800 ft²)
Tenure
Freehold (mulkiyat)
Category
Agricultural
Value horizon
4 to 6 years
01 · The land
Forty jerib of dryland vineyard on gentle south-facing terraces, in a region famed for its raisins for centuries. Old-vine table and drying grapes, a walled well compound, and sightlines to the Karokh hills. The setting for a working wine estate with a private residence, delivered with our partner network.
- South-facing terraces ideal for viticulture
- Established old-vine plantings
- Walled well and storage compound
- Wine-estate and private-residence potential
02 · The investment case
An established old-vine estate in a region famed for premium fruit, suited to a boutique wine estate with a private residence and a differentiated own-label programme.
Land, guide
$940k
Build, indicative
≈ $1.5M to $3M for a villa and cellar
Completed, indicative
≈ $4M to $5M as a working wine estate
Value horizon
4 to 6 years
What drives value
- 01Regional reputation for premium fruit
- 02Own-label wine programme value creation
- 03South-facing terraces and productive old-vine plantings
03 · Market context
Karokh is known for premium fruit, yet estate-scale vineyard land seldom transacts openly. Value rests on old-vine plantings, aspect and water more than on headline comparables.
Indicative only, subject to viticulture and design brief. Comparables are indicative benchmarks, not valuations or offers.
04 · Development
Suited to a boutique wine estate with a private villa and cellar. We can introduce viticulture and architecture partners and manage the build.
05 · The journey
≈ 30 to 48 months to a working estate
Private introduction
Week 1You register interest and receive the full dossier in confidence. We arrange a private call or a viewing, on your terms.
Diligence and structuring
Weeks 2 to 6We share title, survey and diligence findings in full, and set up eligibility and banking structure so nothing surprises you later.
Acquisition and settlement
Weeks 6 to 12Escrow, funds clearance and title transfer through regulated channels, cleared where possible through the vendor family's own bank.
Design and partner selection
Months 3 to 6If you choose to build, we introduce vetted developers and architects and agree the brief, budget and programme together.
Build under oversight
Scheme-dependentConstruction proceeds under Solum oversight, with milestone reporting and a single point of accountability throughout.
Handover and beyond
On completionCompletion, snagging and handover, with optional ongoing estate management once the keys are yours.
06 · Diligence & documents
Eligibility
Afghan-national ownership only; structured foreign participation available under the Solum mandate.
Tenure
Freehold (mulkiyat)
Provenance
Two adjoining family holdings consolidated under single title in 1994.
In the full dossier
- Title summary and provenance chronology
- Boundary survey and coordinates
- Water, access and rights confirmation
- Eligibility and structuring memorandum
- Indicative development brief and costings
- Diligence findings and risk register
07 · Considerations
Buyer eligibility
National-only ownership applies; foreign interest is mandated through a verified principal.
Water security
Well yield is adequate but should be re-tested before any intensive replanting.
Solum private client desk
private@solum.land · Dubai · Kabul · London
Private and confidential. Indicative information only. Nothing herein is an offer, solicitation, or investment advice. Figures are indicative and subject to due diligence. Land eligibility and ownership rules vary by jurisdiction.