Spanish golf properties 'enjoy premium'

January 31, 2010

Properties with a view of a golf course enjoy a 20 per cent premium over similar homes that lack this, it has been noted.

In a feature on the appeal and value of golf properties, the Times quoted figures from developer Clutton Resorts stating that such a price differential exists.

The paper stated that this is beneficial for Spain, with KPMG's Golf Advisory Practice stating that the country is tipped to be second only to Portugal as a golf property destination.

One location suggested by the news provider as a good investment for a family in which Dad tends to be an occasional golfer is the Desert Springs resort in Almeria.

This has two-bedroom flats with discounted prices starting at GBP198,000.

Those looking to buy a property in Spain will find that the banks there remain willing to offer home loans to overseas buyers, mortgagesolutions.com revealed last week.

It remarked that investors would be "surprised" at what is on offer and said that with prices having fallen the prospects of owning property abroad "may never be better".