DREAM COME TRUE? HOW TO BUY A VINEYARD
Could you ever really buy a vineyard property? It’s something every wine lover has thought about, so we quizzed brokers from Provence to California about some of the key market dynamics and what is available.
Bordeaux’s ‘hobby vineyards’
Eagle-eyed entrepreneurs in Bordeaux have seen opportunities to renovate properties with a view to meeting demand for so-called ‘hobby vineyards’, says estate agency Vineyards-Bordeaux. It’s a loose term, but a hobby vineyard owner probably doesn’t need to make a profit from the grapes or the wine, says Michael Baynes, executive partner and co-founder of Vineyards-Bordeaux, which is affiliated to Christie’s International Real Estate.
It might not even be the buyer’s primary residence. And the house will likely
