Sunday, May 3, 2009

The Spanish golf property market still attractive

As more golfers are looking to combine their sport with their holiday, The Spanish golf property market is still attracting the interest of overseas investors wanting to take a plunge in the country's golfing scene.

According to Golf Digest , there has been a marked increase in the number of golfers going for special golf vacations, together with vastly reduced airfares, have led to the development of many luxury resorts and property complexes designed especially for golfers particularly in Spain. There are now over 60 courses to choose from in the Spanish golf property market and the most popular regions are the Costa Blanca and Costa del Sol.

Golf property in Spain
Managing director of Carrington Estates Paul Rossiter told the Daily mail that there has been an oversupply of such venues; with many low quality and high density property developments, however, better courses are still doing well. Mr. Rossiter said good examples of this included discounted, low-density property developments at Marbella club resort and neighboring Monte Mayor.

Monte Mayor Golf & Country Club offers good investment opportunities in Spain's golf property market. Townhouses starts from 505,000EUR (approx £345,070) for a 182.4 meters squared two bedroom, two bathroom, terracotta floor tiling throughout, marble staircases and double glazed windows in wood with interior wood shutters and a brick fireplace.

Also, Spanish Hot Properties offers the following properties in Desert Springs Golf Resort at amazing prices representing up to 30% discount from last years prices.

2 Bedroom Apartments - Only €178,000
2 Bedroom Town Houses - Only €257,000
4 Bedroom Country Cottages - Only €418.000