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France Property Investment News
Vineyard investment is a long-term commitment
British buyers considering investing in French vineyards must remember that this type of purchase is a lifestyle choice, rather than a financial decision, according to local analysts.
Greca Sandford, a spokesperson for online guide FrenchEncree, said that despite the beauty of areas such as Languedoc-Rousillon, investors ought consider that they may not see a profit for around five years.
She commented that vineyard investment was rarely undertaken with capital growth in mind.
"It is a lifestyle choice definitely," she said. "Judging from what our clients are saying, they are not looking to have any profit within the first three to five years.
"All profits tend to go straight back into marketing and development. So there not in it for the money, it's more of a lifestyle choice and a passion. The people choosing to buy vineyards are all people who are very passionate about making wines."
According to The Economist Pocket World in France, 34 per cent of the French countryside is arable land, compared to 23 per cent in the UK.
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