The purchase of shares in a Groupement Foncier Viticole (GFV) is a very interesting way of investing in vineyards. It allows you to reduce the purchase price, reduce the level of risk, benefit from tax advantages and simplify management. A hectare of vineyard land costs an average of €78,000/ha in France (excluding Champagne) with significant differences between vineyards and different appellations. Buying vineyards for investment purposes can represent a very large investment depending on the surface area to be acquired. Buying shares in a Groupement Foncier Viticole allows you to make this investment from just a few thousand euros, making it accessible to as many people as possible. Buying shares in a GFV also reduces the risk. The Groupement will most often hold vines leased to several different winegrowers, which will reduce the risk. The rental risk will be shared between different farmers. And also the capital risk, as the variety of the GFV's vineyard investments will reduce the risk of a loss of land value. When the land of the Groupement Foncier Viticoles is leased under a long-term lease (minimum term of 18 years), you can then claim deductions on the value of your shares in the context of an inheritance, a gift or for the purposes of the Impôt sur la Fortune Immobilière. GFA shares are in fact exempt up to 75% of their value when they do not exceed 101,897 euros (article 793 paragraph 2 of the general tax code). Above this amount, the exemption will be 50% of their value. Renting out vines requires calculating the amount of the rent each year, monitoring payments, calculating the proportion of property taxes, etc. and managing all the declarative aspects. The particularities of rural leases make the exercise difficult for a neophyte. The use of a GFV allows the partners to entrust the manager with these tasks (who can delegate them to a professional if he wishes). Finally, the payment of income will often be offered in the form of bottles of wine, which makes it possible to combine the useful with the pleasant. Don't forget that alcohol abuse is dangerous for your health and should be consumed in moderation. On www.ma-propriete-fonciere.fr you will find shares in Groupements Fonciers Viticoles for sale throughout France.
