As of now, I don’t recall Bordeaux properties from “village” appellations sold at a loss. I believe that Crus being sold and resold quickly are rare.
Today, an important investor who sells his properties is able to ask for a price substantially higher than his purchase price.
Though, it would be interesting to know how much he invested in the chateau, cellar, etc…
As Patrick Essa states, wine properties are rarely profitable considering the investment made and yearly profitability.
The profit expected selling a property is part of the evaluation when purchasing, including tax implication, status owning a chateau and probably a common farmer’s cautiousness, regarding future currency fluctuation and inflation?
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