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With the aid of a small crane, Borja Saracho lowers five cages loaded with 2,500 bottles of white wine from a fishing boat into the Cantabrian Sea.The prices of its wines start at 58 euros ($67.50) a bottle.It is one of about a dozen firms that age wines underwater in Spain. It keeps them only six months underwater because "any longer and wine can lose its edge," said its sommelier Josep Lluis Vilarasau.The hotel uses young and recently bottled wines which they store 17 meters underwater. One of its wines sells for 30 euros a bottle for the traditional earth produced version and 40 euros if it was underwater.Two other firms will soon join the market: Undersea, based in the southeastern region of Murcia, which wants to start with a yearly production of between 50,000 and 60,000 bottles, and Bodega Palmera Castro y Magan, which currently produces wines in La Palma, one of Spain's Canary Islands.
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