Dear friends and wine lovers: visiting Tuscany is a beautiful experience — the art cities of Pisa and Florence, the traditional dishes, the local wine, and the quiet of the countryside in the middle of a vineyard.
But not everyone is satisfied with just visiting. Some decide to stay and buy a vineyard, preferably with a large old house attached. Many tourists dream of coming back every year for the holidays, bringing friends and family along to enjoy the vineyard's calm, the wine, and the good air we breathe here in Tuscany.
The market
Vineyards as an investment
Knight Frank, one of the largest real estate agencies in the world, with 330 offices and 12,000 properties for sale, confirms that vineyards and wineries are in great demand all over the world.
In a report published on January 7th, Knight Frank reveals that vineyards are a great investment worldwide, and that Mendoza and Tuscany saw the greatest increase in value in 2013, up 25% and 30% respectively.
The report shows that the most popular properties are those where a vineyard is paired with a historic building to use as a holiday home. The attraction of wine is entwined with the desire for a way of life in contact with nature, with friends to bring along and meet on site. This explains why the type most in demand in Chianti and Brunello is a historic villa with 10 rooms.
The numbers
What these properties cost
The value of these assets has risen by 20% in one year, and now varies between $135,000 and $200,000 per acre. Given the price, who are the investors in vineyards? The largest investments by foreigners go to the area that has always produced an extraordinary wine: Chianti.
