An exciting new investment opportunity has emerged recently, offering returns of up to 36%.
During this tough economic climate, we have witnessed plummeting interest rates with unimpressive competitive rates. Barringtons International has emerged as an effective way to save money, through leasing South African vineyards and personally receiving the profits.
Barringtons International are offering a promising investment, reporting a 40% rise in prices for their top vintages in the last year and predicting a further rise of 21% in 2011. The company are specialists in leasing South African vineyards since 2007, and have launched this new investment scheme for UK investors keen to tap into the market.
Barringtons International is the only scheme of its kind in the UK, offering people the chance to lease vines in some of South Africa’s leading vineyards for one to three years, seeing an annual return on their money at a minimum of 17%, increasing to 36%.
The profits are made from the wine produced from the vines which customers are leasing, and payments are distributed in either cash, bottles of wine, or a combination of both. The minimum investment figure is £1,500 for one year; making £255 for the investor. A 6% and 14% discount is offered on two and three year leases consecutively.
South African vineyard
The scheme is hoping that potential investors will be encouraged not only by the attractive profit statistics, but also the prospect of treating friends and family to a personalised bottle of their very own vintage wine.
CEO of Barringtons International, Lance Pye, said “the South African wine industry is going from strength to strength and the wines being produced here are on par with some of the best in the world.
“We are offering UK wine lovers the chance to become part of this booming industry, a market place which until now has been completely untapped. Investment supports the vineyard owners and in return you make a profit based on the sales of wine produced from your own vines. With UK interest rates set to remain low, it could provide the perfect alternative low risk investment for 2011”
The vineyards consist of 300 acres of ground owned by PGA golfer David Frost, whose family have been in the winemaking business in South Africa for over 60 years.
Situated in the Paarl region, grape varieties include Cabernet Sauvignon, Merlot, Pinotage, Shiraz, Cabernet Franc, Petite Verdot and Malbec.
Ms McCarthy, 28, from Belfast saw impressive results when she invested £3,000 in a one year lease in 2009 after hearing about the opportunity from a friend.
She said “every year I would put around £3,000 into a cash ISA but in 2009 I decided to invest the same amount in a one year vineyard lease. As a low risk investment, I saw it as an opportunity to increase the typical 2.85% return on an ISA to a 17% return which was extremely appealing.
“Before investing, Lance Pye talked me through all of the different options and how the process worked in great length. I was also sent some wine from the vineyard to try. I was extremely impressed with the quality of the wine and the service that I received so I decided to proceed with the investment.
“At the end of the 12 months I had made a 17% profit on my money which I decided to take as cash. This was transferred into my bank account immediately.”
For more information on Barringtons International visit www.leasingvines.com.