Investments in wine have made 10.4% per year in the last three years. Also thanks to Italy

Jan 19, 2022 194

There is no such thing as a 100% “safe” investment. And yet, among alternative assets, the wine sector has been offering solid certainties for years. On the other hand, fine wines as a whole have seen their value increase by 147% in 10 years, according to the Knight Frank Luxury Index, produced by a company that deals mainly with luxury real estate worldwide.

And if another confirmation comes from Liv-Ex, the platform of reference of the secondary market, which, in 2021, just ended, has beaten all records in terms of values and volumes traded, but not only, it also emerges that the fine wines have had an average return of 10.46% per year, in the last 3 years, according to Oeno Group, a British agency that allows private individuals to invest in wine, and whose expertise “allows - according to their note - to obtain unbeatable profits and to be at the forefront of a rapidly evolving market”.

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SOURCE: https://winenews.it

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