Why Buy Property On A Resort
Published on 17/09/2007 in Buying Process
There has never been a better time to purchase property within a resort. Resort living has become a trendy lifestyle choice for overseas property buyers.
A resort is born
La Manga (located in the province of Murica, in south-east Spain) was the first residential golf development constructed in Spain. The brainchild of Gregory Peters, an American entrepreneur who, after happening upon the area on his travels, thought it would be the perfect site for a “Florida Style” resort. The now extremely successful La Manga Club features luxury properties, three 18-hole courses, a luxury hotel, restaurants, bars, shops and an array of other sporting facilities.
Since La Manga Club, Spain hasn’t looked back and now a plethora of expertly designed, golf resorts with superb facilities have become firm favourites with property investors and holiday makers alike. Also the growing appeal of golf to all age groups, has meant the demand for golf properties has soared in recent years.
An exceptional Spanish climate means golfers can play practically all year round. Whilst non-golfers can appreciate the privacy, beautiful golf views and the fantastic privileges and facilities that resort living brings with it. And of course the golfing lifestyle has a certain badge of exclusivity attached.
Superb golfing facilities
Golf courses within these resorts are professionally designed and many famous golfers have lent their expertise and kudos to resorts in Southern Spain including Jack Nicklaus, Dave Thomas and Seve Ballesteros. Polaris World, currently has seven developments in Murcia all with exceptional golf courses designed by golfing legend, Jack Nicklaus.
These resorts attract the golfing fraternity as they offer high grade residential accommodation and easy access to some of the best golf courses in Europe along with preferential rates and the best tee times for resort residents.
Aside from golf!
Resorts offer owner/occupiers some obvious advantages; firstly the superb amenities within the resort include luxury hotels, restaurants, swimming pools, tennis courts, gyms, spas, restaurants etc. Qualified staff are employed and can give professional instruction on how to use the available facilities.
In fact residents need never have to leave the confines of the resort during their stay.
Purchasing within a resort means one can enjoy the space and privacy of luxury accommodation plus the services and amenities of an exclusive resort.
Superior planning & architecture
Developers will often offer a variety of properties within a resort from apartments and townhouses to bungalows and villas. Skilfully designed, properties are distributed over large areas of land featuring landscaped areas with beautiful plant life and vegetation and pedestrian walkways; clusters of properties are linked by broad, tree-lined avenues. Even though resorts are large and contain a variety of properties they are meticulously planned to create a living environment that is bright, airy and full of open space.
Additional onsite services
Additional services available within any large resort will include daily maid service, laundry facility, grocery delivery, property maintenance, gardening and property management. At the heart of most resorts a town centre or leisure area is planned, containing every possible amenity from supermarkets, restaurants, cafés, bars, hotels, club houses etc. This creates a central meeting point in the resort and encourages a community style atmosphere
Most resorts’ properties when completed will put in place a community association which will collect community fees from residents, enforce community rules and regulations and also represent residents’ best interests at all times.
Added peace of mind
Although the rate of serious crime rate in Spain is considerably lower than that of the UK, resorts promote peace of mind. These gated communities have a closed perimeter with controlled entry and exit points. A professional security company is often employed to patrol the resort round the clock. Those features allow residents to enjoy a higher level of security and privacy that is relatively unknown to traditional Spanish property.
Resorts are constructed in areas which are easily accessible to visitors and are often located within a short distance of international airports and motorways. Often larger resorts transport will provide internal transport in and around the resort and to nearby towns and attractions.
The investment opportunity
Resorts are constructed by well-established and experienced developers ensuring a premium quality build and concomitant facilities for your investment.
Thanks to the excellent facilities and luxury accommodation one would expect within a resort, rental potential is excellent particularly during busy holiday periods. Most resorts will have a rental management service onsite. Many of the larger resort such as Polaris World have signed collaboration agreements with major tour operators resulting in a captive rental market.
Developments which overlook the fairways and the lakes of a golf course can add a huge bonus in terms of price and prestige. A development with a golf course attached designed by any of the golf world’s big names can add a premium of between 15 and 25% to the sales value of an apartment or villa.
Written by: Louise Gannon
About the author:Sunseeker Homes are specialists in the sale of Polaris World property in Murcia in Costa Calida.
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