British billionaire and investor Sir Richard Branson is to buy Mont Rochelle Hotel & Mountain Vineyard in the South African region of Franschhoek.

The estate boasts a history that dates back to the 17th century. Branson said he wants to promote wine tourism in the Franschoek area.

The 22-bedroom property includes a fitness facility, an outdoor pool, a Jacuzzi and a sauna, and activities like wine tastings on horseback, golf, and tours of the local farmer’s market and chocolate factory.

Wines produced out of the vineyards include Sauvignon Blanc, unwooded Chardonnay, barrel fermented Chardonnay, Cabernet Sauvignon, Merlot, Shiraz and rosé.

The South African property will expand Branson’s existing Virgin Limited Edition portfolio that includes Necker Island in the British Virgin Islands, Ulusaba Private Game Reserve in South Africa, Kasbah Tamadot in Morocco, The Lodge in Verbier and Mahali Mzuri, a tented safari camp in Kenya.

Branson will close the Mont Rochelle hotel for refurbishments and re-open in August. Set on a hilltop, the estate also includes 39 hectares of vinelands.