So you want to buy that villa a few metres from a golf course in a hot, exotic country and are not quite convinced why to buy…here are Golf Homes Worldwide Magazine’s ten reasons to invest in a golf property:
- A good investment. The lifestyle factors are important when planning a property purchase however the financial aspects are key. The benefit of purchasing on a course is that the demand for golf property remains high, providing an exit from the market at any point. Buying a property off-plan will also usually result in significant capital gain by the time the course has opened.
- Money earner. There is excellent holiday rental potential both in the domestic and foreign markets as the popularity of golf continues to grow. On some developments rental returns of up to 6% per annum are offered (for a set period of time after purchase).
- Year-round use. Buy a property in a country such as Spain, Dubai, Florida or South Africa and not only will you be able to make the most of your property all year round but you would also have the option to rent it out 365 days a year.
- Value for money. Compare average property prices in the UK of £200,000 to just about anywhere else in the world and you can get so much more for your money if you buy overseas. Plus, how many opportunities are there to buy on a golf complex in the UK?