Located in Italy, this 770 acres estate is part of the famous "Chianti" region in the beautiful Tuscany countryside. This region is known for the quality of it's wine, magnificent landscape and the incredible food. The palace, which still dominates the estate, was built at the end of 18th century over the foundation of an ancient military settlement dating back to 1300's. In 1979 the estate was acquired by an Italian entrepreneur from a notorious aristocrat family, active in the wine industry. During the '80s the current owner implemented mechanization, planted more vineyards and modernized the facilty.
The estate features a generous amount of cultivated land and an internal road system that has been well maintained to ensure easy access to all areas of the estate. The surrounding landscape of the estate is an important asset due to the lovely tree lined white streets, native vegetation and proximity to nearby trees and wooded areas adding to the overall apeal of the surroundings and beauty of the landscape.
The Palagio estate, with around 70,000 sqft of developed buildings, features a mix of residential and commercial real estate. The residencial areas feature 4 buildings complexes, some of them are “Ginestrelle” which is an ancient 18th century builiding style and architecturally pleasing with stone walls and old-Tuscan architecture, stunning views in an idyllic location. The Palagio palace is well placed within the estate and features a neoclassic design with an Italian garden, a private consecrated Chapel and fresco paintings in many of the rooms.
From a commercial point of view there is also the Production Facility Complex that consists of 3 buildings:
The historic building with an internal courtyard containing offices, the tasting room and 2 apartments.
The small building is being used as the company canteen. The large modern industrial complex that contains the production facility, ware-house and a water treatment plant.
PALAGIO. Medieval-era residence. Good condition. 13,002+/- sqft. Future possible use as private residence or VRBO.
PRODUCTION FACILITY. Buildings Complex (production, tasting room, offices). Excellent condition. 29,740 sqft. Possible use: production facility, event center, VIP dinners.
"CHERRY" HOME. Stone-made Countryhouse. Need to be completed. 5,801 sqft. Good as VRBO.
"GINESTRELLE" ESTATE. Complex of stone- made Countryhouses. Need complete renovation. 8,223+/- sqft. Possible use as VRBO.
"CASINO" ESTATE. Complex of stone- made Countryhouses. Need complete renovation. 8,266+/- sqft. Possible use as VRBO.
"POGGIO AI COLLI" ESTATE. Complex of stone- made countryhouses. Need complete renovation. 6,221+/-. Possible use as VRBO.
The vineyards, that consists of approximately 200 acres, feature the desirable IGT and DOCG denomination. The vines were originally cultivated with the classic Guyot approach and have been converted to the Cordon spur method.
• DOCG (Denominazione di Origine Controllata e Garantita): All wines that feature this designation on the label must adhere to strict rules and regulations, set forth to promote both the consistency and quality of product. The wine is tested by a committee that guarantees the geographic authenticity of the wine and it's quality. There are currently only a handful of Italian wines that qualify for DOCG status.
IGT (Indicazione Geografica Tipica): The final classification in Italy’s appellation system is the IGT designation. IGT wines are the least stringent categorization of appellated wines in Italy, though that’s not to say they’re low in quality. Indeed, many of the country’s finest Super Tuscans are of IGT appellation, commanding extremely high prices and ending up in the collections of the world’s most serious connoisseurs.
In 2016 the Palagio winery produced around 977 US ton of grapes, 6,623 Hl of wine and 800,000 bottles of wine.
The estate produces 19 wines, organized in 2 product lines, one premium and the other one standard for large-scale retail trade. Wine listed below from both product lines:
The olive and walnut trees sit near the top of the vineyards.
There are over 500 acres planted with the following species:
The Palagio estate features a recently updated production facility with industrial machinery. The RE portion was built in 1997 and since has been consistantly updated with state of the art machinery. The production facility is oversized for the actual needs of the estate and has a total yearly production capacity of: 16,000 Hl or 177,777 cases of wine or 2,133,333 standard size bottles. During the harvest, the wines is vinificated with a slow pellicular-cold-dynamic-maceration using the “Ganimede” method in order to increase the complexity of the taste and to increase the extraction of the aromas. After this stage, the wine begins to be aged in stainless steel vats and French oak barriques.
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