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Luckily France doesn't have to pay $1 million an acre like a Napa winery.
by base698 4y ago
Luckily France doesn't have to pay $1 million an acre like a Napa winery.
- nephanth 4y agoJust looked up, an hectare of (10,000 m^2, about 2.47 acre) is 1,102,000€ in the Champagne region If what you’re saying is true, then an acre in the Napa valley is more than twice as expensive as its counterpart in the Champagne region. Which is weird, I’d expect the Champagne acre to still make you a lot more money
- pjerem 4y agoChampagne is one of the most expensive and luxurious wine in France.
- dejv 4y agoUnless they are in Burgundy. 10million an acre for some nicer, but not top, parcels are not uncommon.
- denton-scratch 4y agoNapoleonic inheritance laws resulted in the continued subdivision of Burgundy landholdings, so that some wines come from tiny plots. There are lots of tiny wine producers in Burgundy. I'm surprised that plots appear on the market at all; I supposed that nearly all plots were kept in the family.
- dejv 4y agoInheritance tax force many to sell. Still it is not like a lot of plots hits the market.