Financial Services > Investments > Wine > Types of Wine for Investment - Burgundy Region
There are two important red grapes in Burgundy, the Pinot Noir and the Gamay. The two are nothing alike but blended with different grapes they both make wonderful wines. Chardonnay dominates the whites in the region.
Pinot Noir is a versatile wine for the dinner table. It is a thin-skinned grape that grows best on the well-drained, deep limestone based sub-soils of Burgundy's Cote D'Or. The Pinot Noir grape can be the one of the most difficult grapes to grow in the world, a true challenge for winemakers and with age, the fruit flavours develop beautifully so it can be an ideal wine for investment.
Gamay's is mainly grown to produce fresh, young Beaujolais. 98% of the Beaujolais region is planted with the Gamay grape and the variety thrives on its rough granite slopes. Beaujolais should be drunk as soon as it becomes available and each year, Beaujolais Nouveau arrives in November. It is produced to be drunk early so it is not therefore a wine to invest in for the future.
Perhaps the finest white grape variety is the Vinifera grape, which is used to make Chardonnay, one of the most popular investment wines. French winemakers use this grape to make great White Burgundy wines. The Chardonnay grape is one of the few varieties that do not need to be blended as it is an aromatic grape, balanced enough in flavour to stand on its own. Chardonnay is often expensive to buy and this is because the grapes are expensive.
Chablis is a small valley vineyard in the northern area of Burgundy. It is known for producing small amounts of high quality, high cost white wine from the Chardonnay grape. True Chablis can only come from the Chardonnay grape that is grown around the town of Chablis. Because Chablis is so far north the Chardonnay grape can struggle to ripen and this affects the style of the wine from year to year so choosing carefully is the key to successful investment in Chablis.
Below are links relating to Burgundy:
| Provider | Overdraft / Interest Rate | ||
Alliance & Leicester Premier Current and Saver |
Premier current linked with premier saver offer 12% gross pa/AER | 0% for 12 months | |
Cahoot |
3.75% AER w/o chequebook or 3.65% with chequebook | 9.8% | |
Citibank Plus |
A fee of £10 is payable but whole load of extras inc travel and phone insurance | £500 interest free then 8.8% | |
Firstdirect.com |
Minimum pay in £1500 or more per month | £500 interest free then 10.9% | |
Intelligent Finance |
3.00% AER calculated daily | 10.05% | Details |
| HSBC Current Account | Free international debit card | Details |
As with many types of investment, there are no guarantees that wine will make you a profit and a very small percentage of all wine produced will go on to increase in value. Taking good advice is always recommended as well as thorough research. Click on our Quick Enquiry Form for more information or independent advice.
UK Investments - Financial, Property & Other Investments - 1998-2008
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