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VALUES OF GOLF PROPERTIES IN SPAIN REMAIN STRONG
Spanish Property / 2011-09-18 13:04:32
Industry specialists in Spain have compiled data which shows that property on golf courses in Spain are holding their values much better than the National average. Experts have suggested that golf properties have held their value up to 15% better than other real estate.
Spain is well known as one of the number one spots for golf and leisure due to it's blue skies and fantastic climate and, as a result, huge investment has been attracted from golfers who, generally, boast a high level of income compared to other investors. As a result, demand for golf properties has continued to remain strong.
Spanish property on golf courses attract demand from retirees who are looking for a relaxed lifestyle in a safe environment. Golf properties in Spain usually offer a high level of security as they are on gated communities. These communities are well maintained by established property maintenance companies. Furthermore, they often have good social clubs which provide for entertainment for members and residents of the community. Gated golf developments are also in demand for holiday rentals which provide a source of income for owners when they are away from the property.
Holiday lettings make properties on golf courses a good investment. The Golf season in Spain lasts the majority of the year and, as such, demand for golf properties remains high even during seasons where other forms of tourism in the area is not in high demand. The strong rental incomes which can be gained from golf properties ensures that properties on golf courses in Spain are always more likely to retain their value.
The combination of high rental yields, high demand, and the potential for good capital growth ensures that there are more exit options when it comes to selling the properties. For that reason, golf re-sale have continued to attract investors to Spain.
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Tags: Propertyportal, Spanishproperty
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