Make simple syrup by combining the water and sugar in a small pan over medium heat. Stir until sugar is dissolved completely. Set syrup aside to cool completely.
Once simple syrup has cooled completely, combine syrup, wine and lime juice together. Pour mixture into a 9×13-inch pan and put pan in freezer. Let it freeze for 30 minutes then, using a fork, scrape edges into the center of the pan. Freeze until mixture is frozen scraping edges into the center of the pan every 30 minutes, about 3 hours total. Use a fork to fluff granita before serving.