N O W is the time to buy a South African wine farm.
There are roughly 50 farms in the Cape that are currently up for sale, as there is a shake-out taking place. Over the past few years the number of wine farms has accelerated exponentially and every Tom, Dick and Harry jumped onto the band wagon!
Now to stop the wine market from being flooded with unsaleable wine, farmers are being paid not to harvest their crops.
But the situation is not all that bad. We are better off than Australia where many farms have gone to the wall and tens of thousands of hectares of vineyards have been pulled up. Those South African farms that are going to survive, will be the ones that produce quality wines. Anyone wishing to pick up a wine farm in a buyers market should contact me for further information.
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