Tuscany, Piedmont and Lombardy in Italy, Ribera de Duero and Somontano in Spain, South-East England, Loire Valley and Bordeaux in France, as well as Mosel Valley in Germany were named as leading wine-producing regions in Europe, according to ee24.com citing Knight Frank.
Despite the fact that the total area of vineyards has decreased in all the countries, the cost of vineyards, in contrast, has increased in 2013 in some regions. It depends on several factors, including location, age and reputation.
Vineyards in Tuscany are now by 20% more expensive, the cost of such plots in the Piedmont and Lombardy, as well as in England and Spain, has remained the same, while vineyards in France have become a little more affordable.
| Region |
Grape varieties |
Typical property |
Average land area |
Average value, per ha |
Increase in prices, Q2 2012 - Q2 2013 |
| Tuscany, Italy |
Chianti, Brunello di Montalcino |
Historic villa up to 10
bedrooms, garden and swimming pool |
10 |
€100-150 thousand |
20% |
| Piedmont and Lombardy, Italy |
Barolo, Chiavennasca |
Historical properties, 3-5 bedrooms |
5 |
€150-900 thousand |
0% |
| Ribera de Duerno, Spain |
Tempranillo |
Large country home |
10 |
€30-37 thousand |
0% |
| South-East England |
Chardonnay, Pinot Noir, Sauvignon
Blanc, Merlot, Cabernet Sauvignon |
6 bedroom manor house with outbuildings |
5 |
€18-26 thousand |
0% |
| Loire Valley, France |
Chenin Blanc, Sauvignon Blanc,
Melon de Bourgogne |
Classic 18th century chateau with a
swimming pool and outbuildings |
5 |
€75-295 thousand |
-2% |
| Bordeaux, France |
Merlot, Cabernet Sauvignon, Cabernet
Franc, Sauvignon Blanc, Semillon |
Typical chateau architectural style, old stone |
5 |
€15-1840 thousand |
-4,2% |
| Somontano, Spain |
Tempranillo, Cabernet Sauvignon,
Merlot, Syrah,Pinot Noir |
Property with 4+ bedrooms
and views across the Pyrenees |
5 |
€26-37 thousand |
No data |
| Mosel Valley, Germany |
Riesling, Müller-Thurgau, Weißer
Burgunder, Blauer Spätburgunder |
Restored property with 3+ bedrooms |
5 |
€48-75 thousand |
No data
|