How to Buy a Vineyard

With more and more investors turning to viticulture, vineyard property specialists Virtuoso explain the ins and outs of acquiring an estate

Seek professional advice on:

TERROIR

soil, aspect of the slopes, wind direction, drainage, single versus multiple parcels etc.

VINES

age, density, lineage, frost susceptibility etc.

WINERY/BUSINESS ASSETS

is the winery included? age of the equipment, compliance with local regulations etc.

WINES

vintages, blends, recognition, where possible wine critic scores, current and future markets etc.

EMPLOYEES & BUSINESS PLAN

full time and contract employees. The winemaker is the most critical person on the estate. Revenue and cost breakdown of the business.

TOTAL HECTARES & BUILDINGS

current and future use, age, style, listed (changes possible or not), maintained.

LEGAL DOCUMENTATION & REGULATORY APPROVALS

up to date registration, title document, holding company structure etc. cost of due diligence undertaken by certain local organization(s) can be offset against stamp duty

TRANSACTION AND BUSINESS RUNNING COST

financial and time commitments.

What’s available and at what price?

Whilst the most famous names such as Château Pétrus and Château Lafite Rothschild are unlikely to appear in the market, at any given time there may be dozen or more fine Bordeaux estates for sale. Price tags range from as little as €8m which could buy you a beautiful 60 hectare estate not far from St Emilion, to around €200m for a sizeable left bank property in the heart of the Margaux appellation.

Most Bordeaux estates are discreetly marketed under the radar through vineyard property specialists such as Virtuoso Property Group. Visit www.virtuoso-propertygroup.com for more information.

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