Golf guarantees property gains?
There’s no doubt about it, golf is one of the most popular sports today and the love of the game doesn’t seem to be waning. In North America alone there is reportedly close to 30 million golfers. In the UK, you don’t have to travel far to reach a golf course, we all know a golfer or two and have possibly stayed on a golf resort on holiday.
But how has this tenacious appetite for the sport translated into the world of property and how can you make a financial gain from this? Owning a prime golf property would be the answer to this according to the experts in Spain, Taylor Wimpey de España.
Taylor Wimpey de España know a thing or two about golf and after 50 years of building in one of the greatest golfing Mecca’s in Europe they certainly know a lot about property.
Ignacio Osle, Sales and Marketing Director for Taylor Wimpey de España, comments:
“It used to be the case along the Spanish costas that you could purchase a property on any golf course and you’d be certain to reap financial rewards, but the key factor to consider here is ‘prime property’. With all property purchases only the highest quality builds in the best locations will deliver the security of a purchase that most people aim for and with a reported 400,000 expats already living in Spain (FindaProperty.com) you need to ensure your property has unique selling points to make it stand out from the rest when it comes to rental or sales.
“Without doubt in a holiday and overseas home destination such as Spain, properties on golf resorts offer more for the buyer. You tend to find a greater range and quality of facilities such as the club house, restaurants, shops and leisure amenities including swimming pools, gymnasiums, spas and of course golf ranges and the courses themselves. And just as owners can see the appeal to purchase on such community resorts, so can potential holiday makers which opens up the possibility to rent out homes to holiday golfers.”
Demand for golf property in Spain in the prime locations is also increasing according to Taylor Wimpey de España. Enquiries have increased by 121% in the first quarter of 2011, 57% of which are from the Brits, one of the greatest golf loving nations of all.
Further highlighting golf in Spain are high profile Tours such as the Iberdrola Open which is taking place between 12th and 15th May in Son Servera, Mallorca, and the Volvo World Match Play Championship in Casares in Andalucia between 19th and 22nd May, both part of the European Tour. These tours bring in the crowds and in turn increase property demand in the surrounding areas.
Osle continues:
“The market in Mallorca is a particularly interesting one. The largest of the Balearic Islands, Mallorca offers a different experience to mainland Spain, it has unique culture and traditions and breathtaking beaches and marinas. Sales here are booming and we have to develop more residential communities to keep up with demand.
“Cala Anguila is one such development launched last month and already we have had 7 sales for the resort. It is only a 20 minute drive from the hosting town of the Iberdrola Open in Mallorca and is nestled on the beach close to Porto Cristo offering owners the best of both worlds, sea views and nearby golfing facilities.”
Cala Anguila consists of 25 two bedroom apartments with terraces, parking spaces and a communal swimming pool, prices start at €199,500.
“The 12th April sees the launch of the next phase of Los Altos del Golf which is actually on the Andratx Golf Course so perfect for golf lovers and keen investors alike,” continues Osle. “On offer are two, three and four bedroom, two bathroom townhouses with large terraces, parking, a communal swimming pool, gardens and solarium. Owning on the course costs from £505,000. So Taylor Wimpey de España is able to offer golf enthusiasts properties to suit all budgets and requirements.”
Contact Taylor Wimpey España today on 08000 121 020 or visit www.taylorwimpeyspain.com for more information. If you reside outside of the UK call 00 34 971 706 244.