How much does a French Vineyard Cost?
Imagine a beautiful warm evening, you are sitting on your terrace, sipping a glass of your own luscious wine as the sun sets behind your rolling vineyards. This scenario has long been a dream for many lovers of French wine and culture but how much will it cost? Let’s have a look.
We’ll leave aside the cost of tools and equipment which can vary enormously depending on a number of factors but is always a huge expenditure but we’ll concentrate here on what is clearly the biggest expense of all which is of course, the vineyard itself and the valuation of that depends on a multitude of factors including the appellation, the region and the position and orientation of the vineyards.
So, to give you an idea, here are the current average prices throughout France. Cheapest appellation vineyards are probably priced at around €10 000 per hectare, (an hectare is 2.47 acres), in regions like Gaillac in the south west or Valençay in the Loire, whilst a hectare of vineyard in the Nantais, (Muscadet) would come even cheaper at €8 000. At the other end of the scale are vineyards in Margaux which would come in at €1m per hectare and just next door in Paulliac you could expect to pay up to double that for the privilege of owning an hectare of vines, but then again the appellation is the home of three of the most expensive wines in the world:- the Chateaux Latour; Mouton Rothschild and Lafite Rothschild.
If you’re into Champagne be prepared to fork out €1m. In the middle range are Châteauneuf de Pape at €350 000 with €140 000 required to make a glass of grassy, fruity Sancerre and €95 000 for a sturdy Crozes-Hermitage from the Northern Rhone.
Here in the Western Loire it’s quite complicated not least because of the multitude and complexity of appellations. A hectare of Anjou or Anjou Village would probably set you back some €13 000 with another €3 000 required for vines in the Coteaux du Layon. The “lieu-dit” of Quarts du Chaume would cost €18 000 as would Savenierre near Angers. A Saumur hectare would be around €17 000 and here in the new appellation of Saumur Puy Notre Dame you would have to pay up to €36 000. In the better known and longer established appellation of Saumur-Champigny you would be looking at €56 000 on average.
So there you go, have a look down the back of the sofa and see what you can afford!