How popular is Spanish wine compared to other parts of the world?!


Question: How popular is Spanish wine compared to other parts of the world?
I'm thinking of investing in a vineyard in Almansa, Spain called Los Pandos. Apparently I'm guaranteed a return no matter what but if they can't sell the wine is this too good to be true??

Answers:

I live in Spain myself and yes, Spanish wine is very popular (more so in Spain that other parts of the world). Some vineyards make their own wine from their own grapes, which is a good investment as it cuts out the middle man - the trick is selling the bottled wine. Other Vin yards just sell the grapes into a co-operative - a guaranteed sale, and it means a lot less work and risk, but less income from it. These co-operatives ferment and the wine and then either sell it in bulk, such as barrel ls, or the locals can go and fill up their containers - they also bottle it and sell it to local bars and to the tourist that stop by. Depending on the grape, some of the co-operatives also blend it into Sherry, Brandy or Vermouth.
- In short, yes they can guarantee a sale (to the co-op), however if they do this it will not be at a fantastic return.
I would ask them :
- Do they ferment and bottle any of the wine themselves on site and sell it themselves ?
- Do all the grapes go to a co-op ?

If the second question is the case then your returns won't be that great.



Almansa is one of the lesser appellations of Castilla-La Mancha, which in itself isn't a big hitter. At best it will probably be small bar stuff in the Spanish domestic market.
If you are thinking of it as a serious investment beware of the suggestion of a guaranteed return... there is no such thing. If you are thinking of it as a bit of fun and a way to supply yourself with a few bottles of unique glugging wine (and woudn't cry if it went belly up losing your investment) then give it a go.

Edit: after looking a bit more at it they seem to have been pushing this wonderful investment opportunity for around 3 years now (so good it can't sell) and then I also stumbled across the following which gives an idea of how it is being flogged and viewed... I wouldn't touch it with a barge pole!
http://www.spanishpropertyinsight.com/fo…

Life and liltle old wine drinker me!



It's relatively unknown in the States. Heck, Grenache is the most planted grape in the world and most wine drinkers in the USA have never heard of the grape, let alone Tempranillo!

It falls well behind France, Italy, Chile and Australia for recognition, which is unfortunate because it offers a nice price/quality ratio.

http://www.uncorkedventures.com



I select my wines based on how they will pair up with the food I am preparing.
That having been said, I usually get wine from Australia, France, or Argentina.

As for the popularity of Spanish wines, here in TX some ppl like it some don't.



Italy and France are top contributors when it comes to this issue



spanish wines are some of the best in the world




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