Press Release Summary = Burgundy will be familiar to anybody with even a passing knowledge of wine, as it is one of the most famous wine-producing regions in the world. The region produces both reds and whites - although the word burgundy itself actually means red - and includes among its output some of the most expensive wines in the world.
Press Release Body = Burgundy will be familiar to anybody with even a passing knowledge of wine, as it is one of the most famous wine-producing regions in the world. The region produces both reds and whites - although the word burgundy itself actually means red - and includes among its output some of the most expensive wines in the world.
The region encompasses areas such as Côte d\'Or, Beaujolais and Chablis, which are famous in their own right as the homes of top-quality vineyards. Indeed, the grape varieties used by the winemakers in this region are in themselves a valuable and much sought-after commodity that fetch very high prices on the international market. Interestingly, as the Burgundy vineyards still largely use the traditional method of maturing wine in casks, the region\'s second chief export is barrels.
Burgundy also has a lot of history - there are more castles, medieval strongholds and chateaux in the area than in any other region in France, testament to the fact that the land has always been prized. A significant number of these are open to the public and attract visitors from all over, especially during the summer season. It\'s an interesting aspect of Burgundy life and something that may interest the buy-to-let investor with an eye on the tourist trade.
Although the wine alone may prove a huge temptation to investors, there are other good reasons for buying a Burgundy property - perhaps not as immediately enjoyable as the wine, but equally as valid. According market analyst Maud Rousseau of Rightmove, the area is a good choice for British investors in particular, as a strong pound and favourable rate of exchange means \"you can still get a very good price for an amazing property\".
However, Ms Rousseau counsels British investors to restrict their investments to ready-built properties because developers selling off-plan are \"specifically targeting British buyers\" - and this means high prices set with the British wallet in mind. She explains that \"for the French people\" Burgundy is \"very expensive\", but not in comparison to British house prices. Canny French developers must be aiming off-plan developments at the UK buyer, because \"it\'s not something a French person would buy\".
2012
