nyone who has any interest still booming.
in golf is more than aware
that Portugal has quite Portugal is not as well developed
literally hundreds of top class in terms of the number and size
courses that attract players from of golf resorts, therefore,
all around the world. offering an opportunity for
investors to make the most of the
Not only are these new golf explosive growth that looks set
resorts that are being built to hit the region. In Spain, for
around the country popular with example, many purchasers bought
golfers, but they also offer a their property off plan and then
resort style feel which makes simply ‘flipped’ it when it was
them welcoming for non golfing built, by selling it on
family and friends. immediately for a profit.
With this in mind, it seems that Others have made their profits by
investing in a golf property in buying in the early stages of a
Portugal is a savvy move for just development and renting the
about any type of investor. property to keen golfers to
Spanish golf property, establish a healthy annual rental
particularly along the Costa del yield. All the while, the capital
Sol, has flourished in popularity value of the property is
recently and, as such, prices increasing.
have risen over the last five
years by an impressive 70 percent Portugal has a wonderfully sunny
on average. climate with, on average, more
than 300 sunny days a year making
Currently there are more than this region an excellent place to
fifty golf courses on the Spanish invest due to the long potential
Costa Del Sol and business is rental season. In particular, the
golf courses are gathering When looking at potential golf
considerable acclaim and more are property, don’t rule out the
being built annually. capital Lisbon that has some
wonderful courses within a
The courses that are of stone’s throw and the island of
particular note, currently, Madeira that has numerous small
include Salgados, Parque da but luxurious courses.
Floresta, Palmares and Pine
Cliffs. Whilst purchasing Green fees for non-residents
apartments and houses that are generally start at the 50 Euro
actually part of the complex may mark and the majority of courses
be fairly expensive, there are do not charge more than 100 Euro.
also other nearby properties that
allow access to the golf courses Handicap certificates are
and can, therefore, be classified invariably required and anyone
as golf property for the purpose planning on renting out a golf
of rental. property should make sure that
potential holiday makers are
Bear in mind, however, that some aware of the rules and
complexes only allow residents on regulations of their selected
to their courses and others may course.
have restrictions on
non-residents, such as times or Due to the potential complexity
additional costs. Make sure that of letting out a golf property,
you take all of these there are now numerous agents who
restrictions and costs into specialise exclusively in
account when calculating the providing management services for
potential value of purchasing a those interested in letting their
property inside a golf complex. property to golf enthusiasts.
By using an exclusive agency, you prices. By owning a golf property
can offer potential clients the it is possible for the investor
full range of services, from to tap into this profit and
arranging tee times to including return a healthy rental yield,
golf buggies and trips to other whilst the value of their
courses. property continues to rise.
Perfect!
Golf holidays are specialist
holidays, often with specialist
About the Author:
Providing essential information on buying property abroad, Tem Pearson is dedicated to offering all the necessary information for people looking to buy property in different countries. Visit www.buying-property-abroad.info for all the best info.
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Tem Pearson
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