Reasons to Invest in Franschhoek
Since South Africa’s triumphant democratic election in 1994, the country’s wine industry has achieved remarkable success at both a local and international level. Thanks largely to the nation’s world-renowned triumph: Franschhoek.
The industry has been welcomed into the international community with open arms, with its world-renowned contributions such as Haute Cabrière, Bouchard Finlayson, and many other famous Franschhoek wine farms. All of which are only a short, 45-minute drive from the heart of Cape Town’s CBD.
Established fast as a first-division wine producer, South Africa’s impressive reputation for both superior quality and pioneering styles, has helped the country place seventh as a wine-producing nations. Truly an immense and impressive contribution, they supply roughly 4.2% of the world’s wine and some of its more desired vintages.
Naturally, this transformation has not come easily. It’s been a long process of discovery with years of hard work, investment and diligence finally yielding a number of superstar South African wineries. A lot like foreign, sought after wine-growing regions such as Napa, Bordeaux and Margaret River, many of our local terroirs have developed an elite class of vineyards that have emerged as leaders and ambassadors for the country’s winemaking potential.
This makes it an exciting time for SA’s wine industry and, so too, an optimal time for investment. Particularly for those interested in commercial opportunities. Given the international interest rate and economic window, combined with South Africa’s exceptional tourism – especially in the wine region, there are a number of properties with rich heritage and cosmopolitan lifestyle to consider. In general, South Africa’s smaller boutique or wine farms (approx. 10 HA) start at the R20 – R30-million mark, while top-end brands can sell for between R100 to R300-million depending on the brand and area.
Amongst the many foreign investors already in the area are Sir Richard Branson, who acquired Mont Rochelle, and Analjit Singh – Indian entrepreneur and proud owner of Le Quartier Francais. The Cape now represents many established and globally recognised brands, making it the ideal place for a small, luxurious hotel, private getaway home or opportunity to establish substantial growth in this time of transformation.
To see some of South Africa’s more prominent properties available, visit some of Acquire’s available listings and explore the natural beauty that makes them so rare.