Golf developments have become one of the most sought after real estate options for the discerning buyer, not only because the investment is virtually guaranteed to appreciate in value, but because it offers an unparalleled quality of life too.
Golf property three times more valuable than the average SA home
It’s been estimated by the property gurus in both South Africa and the United States that golf properties are three times more valuable than the average South African home. However, if the golf course has been designed by one of the big-name national or international golf course architects, the value of the entire estate will skyrocket.
A golf research group in the US has found a golf course created by one of the top 40 architects will have a net present value of $28.9m compared to that of $17.5m for a less auspicious designer. A golf development near George on the Garden Route, for instance, boasts a championship golf course designed by a premier South African golf architect and will consequently be far more valuable than many of its counterparts in the same region.
Additional security
In South Africa, crime has reached untenable levels and security is one element that has to be considered when purchasing real estate.
Planned, gated communities such as golf estates are arguably one of the more secure options for both the retiree and the growing family. So much so, that the demand for properties or golf real estate with additional security currently far outstrips the supply, adding even more value to an already attractive investment.
Sophisticate country living
Golf real estate is really about sophisticated country living without the isolation. It is the ideal home for the young, growing family, simply because it offers community spirit, shared amenities and wide, open green spaces, crucial for the emotional and physical development of children.
All golf developments establish architectural guidelines for the homes and community amenities, thereby ensuring that the neighbourhoods are both well designed and attractive. For some, it is respect for the natural environment that is the most appealing thing about golf estates.
At the end of the day, golf estate living not only offers a sense of community, additional security, access to a championship golf course and other amenities, but also the guarantee of a great return on your initial investment .
Kingswood Golf Estate in George offers pristine golf property in a protected family resort with a championship golf course, nature, wildlife and beaches on the Garden Route.
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