Moroccan Sands - Morocco Property Report…
With the increasing popularity of golf, buying a property on a golf development could prove to be a very smart investment choice.
Not only do a large majority of golf developments provide a wide range of on-site facilities, but that magical golf ingredient serves up enhanced rental income and the mouth-watering prospect of year-round letting.
Golf continues to grow in popularity and this can be seen by the number of new golf developments being built around the world. The proliferation of new golf courses is great news for golfers, particularly those who prefer playing their golf in the sunshine. What´s more, overseas golfing holidays are one of the travel/leisure industry’s major growth areas.
This sharp rise in demand for year-round golf has resulted in healthy rental returns for those who have purchased golf properties and despite the global downturn, it´s worth noting that resale values on the better golfing developments have held up very well over the last year or so. This is particularly the case in Morocco where a number of specific factors have resulted in the Moroccan economy escaping the worst of the global recession.
It may sound obvious, but a vital factor when considering buying on a golf development, has to be the quality of the golf course. A well designed and well located property on a golfing development will not attract golfers unless the course itself is equally well thought out. This is why it is advisable to invest in a golf development where the course has been designed by a renowned designer - someone with a good track record. An example of a great golf course is the Steve Ritson designed, par 72 championship standard course currently nearing completion at the superbly located Paradise Golf and Beach Resort, near Tangier in northern Morocco.
Not just for golfers…
Over recent years there has been a noticable increase in the number of non-golfers buying properties on golfing developments. This might seem a little surprising, but many non-golfers are attracted by on-site facilities which can include: tennis courts, health spas,, restaurants, bars and fitness centres. Another advantage that can appeal to non-golfers is the safety aspect, with many golf courses offering 24/7 gated security. Golfing developments also offer the reassurance that the view from the properties will always be the green of the golf course and not some ugly office block or high-density development.
Moroccan Sands are the No.1 Morocco property specialists. We offer a wide range of investment opportunities including the spectacular Paradise Golf and Beach Resort near Tangier, and the outstanding Blue Pearl Golf Resort in Saidia.