An empty vineyard farm vs a ready made vineyard farm

[Charity Mbisi]

An empty vineyard farm will cost me almost the same as a ready-made farm (until planting and everything is in place). And for that, the young vines will take from 2 years to start bearing fruits while the ready-made with the same amount of money I have just to wait for six months. I intend to buy a ready-made vineyard but I decided to come and seek for advice. 

[Jon Martin]

In terms of economics you answered your own question- the producing vineyard will make you money sooner. However if the existing vineyard has disease, poor design, wrong planting material, old vines etc it won't produce as well as a properly planted modern vineyard. If you want to make the best wine possible, the vineyard soil and weather patterns specific to your site are the most important. Depending on where this is, the best land is often developed already. 

I would also look for a property with some buildings on it and turn those into STR(s) so you can diversify your income streams. It would be a unique category.

I was a viticulturist in my past life, and still am to an extent with my day job that is adjacent to it. Feel free to PM me if you want to nerd out or need more specific info that you don't want to air publicly.