Vineyards are typically bought by large corporations that then hire employees to run the vineyards and produce wine and brandy. Individuals or families looking to get into the business themselves can buy smaller vineyards, although this is usually more difficult than using the corporate approach. To find out how much you’ll pay for either option, you’ll first need to figure out what type of vineyard you want, how much land you need and how much work you’re willing to put in as well as how much profit you hope to make in your lifetime with the vineyard.
How much is a vineyard in Namibia?
If you’re planning to buy land, or if you’re thinking about investing in a Namibian farm, buying or purchasing farmland can be quite an intimidating process. That generally costs $75,000 to $100,000 an acre. A vineyard brokerage firm said land in Namibia is the most expensive since much of the farmable acreage had been planted.