If you feel like teeing off after last weekends BMW PGA Championship tour drama in Wenthworth, England then you can get right into the mood with our selection of five golf resort communities with off-plan property investment opportunities. While Wentworth finished with high drama, we hope the completion of these property resorts won’t attract the same last minute drama at Wentworth, when Miguel Angel Jimenez finished the tournament with a birdie over England’s Oliver Wilson.
We understand that not everybody can be a golf pro to tour the PGA Championship but also know that in most of us lurks a mini Jimenez or Tiger Woods. Therefore being able to further extend our reach as a golfer, while spending time in a most gorgeous location will delight many hearts and bring the best of both worlds together.
Nexus Resort, Karambunai, Sabah Malaysia
From: £126,000 :: € 158,000 :: $ 250,000
The low down
Set against the backdrop of a 130 million year old tropical rain forest and Mount Kinabalu, this resort is breathtaking to say the least. Views over the South China Sea as well as a 6km stretch of pristine white beach tempt the visitor and investor.
With 18 hole championship golf course, spa, breach front villas and eco-luxury living this world class resort is easy accessible barely 25 minutes from Kota Kinabalu International Airport.
Why you should invest
With Nexus’s guarantees a 5 year, 7.25% guaranteed income structure and an estimated 4 million tourist to visit the area in 2010, it isn’t hard to see why the developers have big plans for this resort.
Completion Date: December 2008
Developer’s website: www.nexusresidence.com
Contact: Contact Property Frontiers for sales enquires.
Monte Mayor Golf & Country Club, Costa del Sol
From: £275,000 :: € 375,300 :: $ 545,000
The low down
The Monte Mayor Golf & Country Club will offer residents a natural heaven away from the hustle and bustle of the big towns. Surrounded by mountains, rich waterfalls and spectacular views over the African and Mediterranean coast, this development won’t be your every day community.
Why you should invest
With 275 individual plots of land and a minimum size of 2.500m2, the developer will assist the buyer in the creation of their bespoke luxury homes. There will also be 135 two to four bedroom townhouses and 230 apartments available which makes this place unique as no other project in southern Spain offers such low density.
Completion Date: December 2008
Contact: To find out more, contact Pure International.
Developer’s website: montemayorgolf.laperlainternationalliving.com
Royal Breeze Ras Al Khaimah, United Arab Emirates
From: €81,000 :: £ 64,500 :: $ 129,000
The low down
This part of the UAE has long been known as the best kept secret to wealthy tourism. Already bustling with regulars who come here without fail, this new freehold property development is set to further inject luxury into the community. Set to open this year, Royal Breeze will offer a wealth of living with sunshine all year round.
Why you should invest
With a current annual occupancy rate of 80%-90% in the area, Royal Breeze is set to bring some handy returns to investors. The potential return for rentals have been estimated as high as 10-20%, while the tax laws allow overseas investors to benefit further.
Completion Date: Late 2009
Developer’s website: www.royalbreeze.com
Boavista Golf Resort, Algarve Portugal
From: Price available on request
The low down
Since its opening in 2002, Boavista Golf Resort has attracted people from all over the world. Boasting an 18 hole championship golf course, an impressive health and spa club and gourmet cuisine that delight the fussiest of eaters,
Why you should invest
With new development properties that offer prestige living, appliances of the highest quality and a lifestyle to match, the Algarve offers investors great investment opportunities to escape the rush of big city living. Moving here will be a true sea change to say the least.
Developer’s website: www.boavistaresort.com
Contact: Boavista Golf Resort
Punta Perla Resort, Dominican Republic
From: £ 134,872 :: € 199,000 :: $ 275,052
The low down
Punta Perla is being developed as one of the more prestigious developments on the island, offering tax free shopping, casino, three signature golf courses, an Italian themed marina, a water-park, a wildlife-park, equestrian and sports centers, an international spa and beach club as well as its own heliport.
Investors can choose between island, beach and marina marina apartments, golf villas, inland pueblos and multi-million dollar beach side villas. They all vary in design and size. Punta Perla Marina & Spa Resort has already a variety of 1, 2 & 3 bedroom properties available, including front-line golf villas, marina properties and exclusive Star Island properties.
Why you should invest
The Dominican Republic has been hailed as one of the last opportunities when it comes to property investments in the Caribbean. With the recent tax implementations by the government to attract more foreign buyers as well as the resorts guaranteed 8% income on rentals over the next 5 years should be reason enough to take a closer look.
Completion Date: Late 2008
Developer’s website: www.caribbean-dream-properties.com
Contact: Contact agents by email on info[at]essentialww.com or visit their website at Essentialww.
