a new section – vines to buy – in puligny…


Thought this might cheer you up:

€255,000 for approximately 380 bottles per year worth of villages Puligny. If you can get €700 per bottle, you’ll pay for it in only 1 year!

Oh, but don’t forget, you will also need somewhere to make wine…

Agree? Disagree? Anything you'd like to add?

There are 6 responses to “a new section – vines to buy – in puligny…”

  1. Ray Walker6th June 2009 at 3:37 pmPermalinkReply

    Bill, this should be a really interesting section. Are you seeing many plots for sale?

  2. billn6th June 2009 at 3:59 pmPermalinkReply

    As I understand it Ray – there is a reasonable amount of land ‘available’, but it’s only a relatively small proportion that actually get to the ‘advertised’ stage like this. I wouldn’t put up any examples of word of mouth properties as it might only be gossip…

  3. Ray Walker7th June 2009 at 3:47 pmPermalinkReply

    I’ve heard…and seen the same as you mentioned. The best never make it to the public. It is still interesting. I visited their site and saw some Gevrey as well. Keep ’em coming Bill…as they trickle in.

  4. billn7th June 2009 at 4:25 pmPermalinkReply

    Ray – A contact tells me that there is plenty of Gevrey villages for sale – out in the alluvial plain, and it is about 30% cheaper than one year ago – but no-one is buying even at the lower tariff, as the resulting wines would still not be ‘commercial’.

  5. Josh9th June 2009 at 10:04 pmPermalinkReply

    Do you as a matter of normal course track whats happening with land prices? It seems from what little I know that commercially successful plots are highly fractured (many owners) and don’t come available all that often.

    We are coming up on a once in a 3 generation opportunity for those with cash to buy assets on the cheap, burgundy shouldn’t be an exception.

  6. Ray Walker9th June 2009 at 10:33 pmPermalinkReply

    Josh, great point. I know I have been looking and it is quite surprising to see what is available. Not too long ago, nothing was on the open market for ‘outsiders’ to see.

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