Buy­ing a vine­yard

Tempted to in­vest in your own vine­yard in France? Our ex­pert of­fers some top tips on what you need to know

Living France - - DESTINATION -

A vine­yard is an in­vest­ment that pro­vides long-term sta­bil­ity and at­trac­tive cor­po­rate tax ar­range­ments.

The price of a vine­yard is cal­cu­lated ac­cord­ing to three main cri­te­ria: 1. The price per hectare is of­fi­cially de­ter­mined by the re­gion and the wine ap­pel­la­tion. 2. The qual­ity/state of the liv­ing ac­com­mo­da­tion in­cluded. 3. The con­di­tion of the cel­lars, wine store­houses and equip­ment.

Where you buy a vine­yard will de­pend on the bud­get you have avail­able. Prices can vary from €15,000 per hectare to sev­eral mil­lion euros. A vine­yard in Langue­doc, for ex­am­ple, costs an av­er­age €1m while a vine­yard in Provence or the Côtes du Rhône could range from €3-€5m. The rep­u­ta­tion of the wine (Grands Crus , Bordeaux, Bur­gundy, etc) can in­crease the price by sev­eral mil­lion euros. Wine trends – Provence for ex­am­ple has a world­wide rep­u­ta­tion for its wine and sales of rosé are in­creas­ing con­stantly, which could of­fer a good in­vest­ment op­por­tu­nity. Fur­ther­more, the cli­mate here is ideal for wine pro­duc­tion and the area is ex­tremely pop­u­lar with tourists.

You do not need to be an ex­pert in wine­mak­ing to buy a win­ery. Here in France, it is easy to find a man­ager and an oe­nol­o­gist to as­sist you if you are not a wine pro­fes­sional.

Noël Castinel is di­rec­tor of VIP Real Es­tate which spe­cialises in vine­yards and lux­ury prop­er­ties in France. VIP Real Es­tate is the UK rep­re­sen­ta­tive for Vinea Trans­ac­tion (Méditer­ranée), a spe­cial­ist in the sale of winer­ies since 1991. vip-real-es­

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