Five places to buy French vineyards on a budget

Less prestigious appellations can offer interesting value to those looking to buy French vineyards on a tighter budget, to kick-start a long-held winemaking dream.

Appellation (AOP) vines outside of Champagne cost €74,900 per hectare on average in 2019, but several areas were below €20,000, show figures released this summer by land agency Safer.

If you’re not so bothered about having the AOP status, then non-appellation vines were down at €14,400 on average across France.

It’s also possible to buy land not currently used for vineyards. ‘You would need to apply for planting rights, but you can get them,’ said Kirsten Pollard, of estate agency Maxwell-Baynes, affiliated to Christie’s International Real Estate.

But she said this strategy would be a ‘long way round’, and that buying an existing vineyard can save time and carry fewer risks.

It would be even more important to do your research on the terroir, too.

Pollard, who generally specialises in higher-end properties and covers south-west France, including Cahors and the Dordogne, said that €1.5m might buy you a stone house with several bedrooms, a pool and around 10 to 20ha of vines – albeit perhaps needing some work.

Although it can be ‘quite hard to make money’ from a vineyard at this sort of level, she said it was important to think about potential sales networks.

For example, that might include tapping into the new generation of natural wine bars around the world, or building partnerships with local restaurants.

Pollard highlighted an organic and natural wine estate that she sold a few years ago for €850,000 to a 40-year-old Czech buyer. The property included 15ha of vines near to Cahors but not in an appellation zone.

Some buyers are also looking for ‘hobby’ vineyards that don’t necessary need to turn a commercial profit, as previously reported.

Don’t underestimate the amount of potential work – or cost – involved in running a vineyard, but here are five places to look based on Safer figures.

Languedoc-Roussillon

Buy French vineyards

Vines in Corbières at sunrise. Photo credit: Ian Badley / Alamy Stock Photo.

AOP vines in Languedoc-Roussillon cost an average €12,700 per hectare in 2019, up by €200 versus 2018 but still making the vast region one of the cheapest places to buy vines.

However, the region is so big that you’ll find a lot of variation, and you would naturally expect to pay more in one of the area’s more prestigious zones, such as Terrasses du Larzac, La Clape or Pic-St-Loup.

According to Safer, Languedoc has seen a relatively high number of vineyard deals in recent years, compared to other regions.

Prices haven’t risen everywhere, however. The average price of Corbières vines has been around €9,000 for the past few years, for instance.

‘There are many vineyards for sale in Corbières and Minervois because a lot of winegrowers are retiring,’ Aurelia Mistral-Bernard, of the Montpellier branch of estate agency network Vinea Transaction, told Decanter.com recently.

Continue reading “Five places to buy French vineyards on a budget”

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French prosecutors open rape probe against former deputy mayor of Paris

French prosecutors said Tuesday they were opening a preliminary rape investigation into a former deputy mayor of Paris after a man accused him in a newspaper article of years of sexual abuse.

The probe against Christophe Girard will look at charges of alleged “rape by a person in a position of authority”, Paris prosecutor Remy Heitz said in a statement.

The move came swiftly after the New York Times reported the allegations of Aniss Hmaid, now 46, that Girard had sexually abused him over nearly a decade after they met in Tunisia when he was 15.

Hmaid claimed Girard sexually abused him when he was 16, and then coerced him into sex on about 20 further occasions over several years.

The prosecutor’s statement said the investigation would aim to determine if the allegations “could be characterised as a crime” and also, given that the alleged events date back several decades, whether they can still be prosecuted.

Girard resigned as deputy to Mayor Anne Hidalgo in July afer opposition politicians and women’s groups demanded his suspension over ties to Gabriel Matzneff, an award-winning writer who has never hid his preference for sex with adolescent girls and boys.

After the prosecutor’s announcement, Girard said he would also step back from his remaining duties as a member of the Paris city council “for the duration of the preliminary enquiry and to better defend myself”.

His lawyer, Delphine Meillet, criticised Hmaid Tuesday for having gone to the media with his story rather than the authorities.

Now, she said, “the prosecutor feels obliged to open an investigation in the light of media pressure, which is particularly sensitive on these subjects…”

But Meillet insisted “there is no offence” and even if there had been, it was legally too late to prosecute now [ . . . ]

Continue at FRANCE24: French prosecutors open rape probe against former deputy mayor of Paris

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“After several months of introspection, of reflection on myself, on the world around me and the unprecedented situation we are all living in, I am slowly getting back on the path to creation.
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Après plusieurs mois d’introspection, de réflexion sur moi, sur le monde qui m’entoure et la situation inédite que nous vivons tous, je me remets doucement sur le chemin de la création.
Douceur et bienveillance à nous tous