Vineyard land prices vary enormously. Recently these difference have been accentuated rather than diminished. César Compadre writes in Terre des Vins on the situation in Bordeaux: Cheapest is of course ‘plain’ Bordeaux, i.e. vineyards with ‘just’ the Bordeaux appellation, in e.g. Entre-deux-Mers. There you can find land below 15,000 euro/ha. Most expensive are, no surprise, the most famous (and small) AOCs: Margaux, Saint Julien, Pomerol, where prices can reach a million euros per hectare. Times are good in Bordeaux for the most famous chateau, but you can almost count them on the fingers of your hand. There are probably less than a hundred in that situation. For the big bulk (no pun intended) of producers life is harder. Many are close to (or have done) bankruptcy. Here are some other price examples:
- Saint Emilion: 200,000 euro/ha
- St Emilions satellites (Lussac, Puisseguin, Montagne…): 100,000 euro/ha
- Pessac-Leognan, Lalande de Pomerol: 150,000 euro/ha
- Blaye, Bourg: just above 20,000 euro/ha
- Haut-Medoc: 35,000 to 45,000 euro/ha
Read more here: terredevins.com
And watch our interview with César Compadre BKWine TV: What future Bordeaux part 1 and What future Bordeaux part 2
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