Tenerife Property

Cheaper golf in Spain and Tenerife?

Golf has always been perceived as an elitist sport and the properties that surround the fairways often have inflated price tags to match – but not at Camposol Golf. At this established 18-hole course in Murcia, completed key-ready two bedroom homes are available for just 50,000 euros, that’s less than 43,000 pounds. Surely this is Europe’s cheapest golf resort?

Chris Mercer, Director of Murcia-based estate agents, Mercers, which has been on the ground in Camposol for 14 years, comments, “When I tell people that they can buy a two bedroom home with roof terrace for 50,000 euros or a detached villa with swimming pool for 125,000 euros, they are genuinely astonished. These are neither brand new nor off-plan, there is no waiting period or additional list of costly extras from swimming pools to air-conditioning, landscaping to furniture. Instead these properties are in an established golfing community with a vast range of on-site amenities at your disposal. Folk should literally be queuing up.”

Golf course and friendly Clubhouse aside, the Camposol community is divided into four geographical sectors with various commercial centres hosting all kinds of bars, pubs, restaurants and takeaways as well as a full-size household name supermarket and petrol station. There is a health centre, post office, hair and beauty salons and, a real jewel in the Camposol crown, a chic four star Spa Hotel.

Chris continues, “Based on price and what you get for your money alone, Camposol Golf is unbeatable. Even better, the current climate dictates that people are buying at the bottom of the market so not only will they pick up a bargain but also reap the rewards of capital appreciation when the market picks up.

“And ‘pick up’ it will as we are literally ten minutes’ drive from the freshly announced Paramount Pictures-branded Theme Park predicted to attract up to three million tourists each year. This will certainly have a ‘Disney effect’ for property prices in the catchment area. And, for those cautious of Spanish property fearing its legal status, be reassured that Camposol Golf is clean and you will get full title deed as well as banks happy to offer mortgages.”

Surrounded by the imposing mountains of the Sierra Espuña National Park and beautiful underdeveloped Spanish countryside, the coast is just 15 minutes away with mouthwatering seafood restaurants, sheltered Blue Flag sandy beaches, attractive marinas and some stunning rocky coves tumbling into turquoise waters. Alicante International Airport is just over an hour to the north whilst even closer San Javier/Murcia Airport is only 35 minutes away. A third brand new airport at Corvera is in the final throes of construction with an opening date penciled in for summer 2011.

Hopefully, the next project will be in Tenerife as golf is getting expensive on the island and healthy competition would no doubt improve  the pricing situation greatly.

Source: Mercers