Golf Course Homes – a good investment and a great lifestyle choice
With the Open Championship at the Royal Liverpool Golf Club this week (17-20th) and the Ryder Cup, the biennial Europe v US competition, at Gleneagles in September (26-28th) excitement is building amongst the 4 million golfers (8% of the adult population) that play the game in the UK today.
Golf is growing in popularity, reportedly by 17% over the last year, and the IAGTO reports three years of consecutive growth for global golf tourism. Destinations as diverse as Spain, South Africa, Scotland, the Dominican Republic, Malaysia, Ireland, Abu Dhabi, Mexico, Portugal, Turkey and Thailand have all reported year on year growth. Various sources indicate that there are well over 31,000 full-length golf facilities in the world, of which there are 6,560 in Europe, according to figures produced by the European Golf Association.
Roger Beale, Director of Golf at Royal Westmoreland in Barbados and a former member of the Canadian Tour remarks: ”Golf is popular because you can involve yourself on numerous levels. You can be casual or very serious, it all depends on how much time and effort you have to put in. Golf has many hooks – the scenery, the social side, the competition, the equipment, and the travelling. It allows you many avenues to keep you from being bored. Because of the handicapping system, you can play with anyone and enjoy a game, regardless if the person is better than you, older or younger.”
Roger notices the effect of big tournaments on his members. “Big events definitely help make golfers keener. It creates a buzz around the club and it helps people embrace the game.”
So what are the advantages of buying a home on a golf course, apart from the obvious one of proximity to the course for keen golfers?
Kim Goddard, Head of Sales at Royal Westmoreland, a 750 acre golfing estate and residential community says: “One of the biggest advantages is the fact that the view from your home and space around the course naturally has more green space, is protected from further building and is perfectly maintained. This is an important factor as often a home owner is powerless to prevent a building going up on an adjacent plot of land owned by someone else, or to upkeep surrounding land. “
Kim continues: “Interestingly 70% of the people that buy at Royal Westmoreland aren’t actually golfers, but they buy because of the space, the landscaping, the security of a gated resort and the other facilities on offer. A home in a golf resort offers a multi-generation lifestyle and is also great if you appreciate nature as the foliage attracts a lot of wildlife, which enjoy the fruit and berries from the well irrigated trees. On our course you regularly see an array of tropical birds and even green monkeys.”
Golfing doesn’t get much better than Royal Westmorland’s world-class championship golf course – a 7045 yard par 72 course of unrivalled beauty, with views of the shimmering ocean from every hole. Masters Champion Ian Woosnam, a homeowner at the resort, declares the course has some of the best par 3s he has ever played and that the course demands the use of every club in his bag. At the heart of the course, is an elegant, colonial-style Clubhouse with sweeping views over the fairways to the azure Caribbean Sea.
Paul B. Altman, Principle from Altman Real Estate and Savills in Barbados says: ““At Royal Westmoreland the quality of the golfing experience and the high level of resort maintenance continue to support an increase in values for property owners. One other significant reason is the maturity of the facility; it is a proven location where the community lifestyle has achieved a level of excellence linked to its selection of amenities: restaurants, bars, pool and gym options, tennis and even and on-site rum shop. Of course, the beach facility is also a major plus. But most of all the superior golf service remains Royal Westmoreland’s main strength.”
Royal Westmoreland is marketing a variety of homes from apartments to custom built villas on larger plots.
The Royal Apartments are a collection of luxury residences providing a surprisingly affordable entry level investment on the multi award-winning resort.
The apartments are designed in a colonial architectural style and feature spacious balconies from which to enjoy sunset views and alfresco dining. Ranging in size from 830 sq ft for the one bedroom to 2000 sq ft for the three bedroom, the open plan apartments are designed for easy, comfortable living. Finishes are of the highest standard with natural stone floors, coral rendering and pickled pine ceilings. The kitchens feature Italian cabinetry, granite work tops and stainless steel GE appliances and the luxurious Kohler bathrooms have travertine tiling. Air conditioning is fitted throughout. Close to the apartments is a large communal swimming pool, children’s pool and pool bar.
Prices from: 1 bedroom apartment – 830 sq ft – US$395,000, 2 bedroom apartment – 1,450 sq ft – US$600,000, 3 bedroom apartment – 2,000 sq ft – US$850,000
Sugar Cane Ridge
Sugar Cane Ridge is a new development of semi-detached three and four bedroom villas. One of the key advantages of the location is the proximity to the estate’s amenities such as the golf Club House, the first tee of the golf course, short game practice area, the tennis garden, Rum Shak and the sanctuary pool and gym, all of which are just a short walk away.
The homes have an ‘upside down’ design to maximise the panoramic views, with en suite bedrooms on the ground floor and an open plan kitchen, living and dining area on the first floor. The reception room leads out through French doors onto an expansive terrace, large enough for an outdoor dining table, chairs and sun loungers, perfect for taking in the south west views over the emerald green golf course and the Caribbean Sea beyond.
The 2500 sq ft homes have a light and spacious feel accentuated by the high vaulted pickled pine ceilings and the expansive windows, whilst the light coral stone and slick interior walls, granite worktops and travertine floors provide a feeling of luxury and quality.
Prices for a 3 bedroom, 3 bathroom or 4 bedroom, 3 bathroom townhouse villa range from US$1.250 m to US$1.595m. Plunge and leisure pools can be added as an optional extra.
Jasmine Ridge & Jasmine Heights
For those that want to create their own magnificent and personalized home there is Jasmine Ridge and Jasmine Heights. This new phase comprises of 19 lots on the last remaining ridge at Royal Westmoreland. The lots range in size from 18,000 to 50,000 sq ft and with a south or west facing aspect they have panoramic views over the golf course and sea. Customers can choose from a variety of different villa designs that will then be designed and built by the professional Westmoreland team to exacting standards. All villas come furnished and completely fitted with modern appliances with beautiful tropical landscaped gardens, pools and sun terraces.
Plots start at $700,000 and go up to $1,950,000.
Hideaway Villa on Jasmine Ridge – $3,150,000US
Hideaway Villa is an example of the type of home that can be built on Jasmine Ridge. This particular 4 bedroom, 4 bathroom home has lovely views overlooking the 14th fairway and the sea. At 4,220 sq.ft the villa comprises an open plan kitchen, large living area with ‘Nano Wall’ doors which flow onto the covered terrace, large pool deck & swimming pool . Two large en-suite bedrooms are situated on the first floor and 2 other bedrooms with en-suite bathrooms are located on the lower level. A duty-free furniture package is available to all first time owners from preferred supplier, Esprit Décor.
Plot size: 17,072 SQ.FT, Build size: 4,220 SQ.FT.
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