Wednesday, November 02, 2005

Do you want to buy a vineyard?

When recently in Burgundy we discussed vineyard land prices. We thought that it might be interesting for you who are dreaming of buying a few vines to know the approximate price levels. But don’t take it too serious. It is not a statistically grounded survey... - You can get a hectare of AC Bourgogne at entry level (the simplest terroir) for around 80,000€. The prices then go up to 3,000,000€ per hectare for the top quality plots on Grand Cru. But that, of course, does not include the very elite of vineyards like RomanĂ©e Conti and the likes, that simply do not have prices. So, you could get a hectare of Corton Grand Cru (not bad!) for around 1,000,000€. In other words, 100€ per vine! (And you will get less than half a bottle of wine from that vine…) Maybe we should look at another region?

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