Showing posts with label golf. Show all posts
Showing posts with label golf. Show all posts
Tuesday, 8 December 2009
Monday, 7 December 2009
Larnaca Property And Golf In Cyprus
Wherever there's golf and sun there is also money in property. Perhaps that's why Larnaca in Cyprus is causing a stir amongst property speculators and holiday home investors alike. A new golf resort in the Larnaca area of Cyprus has been extensively talked about over the last few years. These ambitious proposals also include the building of a new super marina suitable for luxury yachts and a whole host of associated development. As the countries economy continues to grow investors are enjoying a new confidence in Cyprus with some grand projects already under their belts. The Islands capital Nicosia continues to develop at a rapid pace and the recent building of it's first shopping mall including the Ikea store bears testament to investor confidence in the Island. In fact the climate now appears ideal for further bold investment.
The influx of foreign money generated by the Cyprus property boom has been a major contributing factor to this optimistic view for sure. However this new wealth has created a large amount of disposable income and those that have it are looking for places to spend it.This has created the demand for European shopping centers like the Cyprus mall and improved leisure facilities such as golf. Some observers are predicting the building of more shopping centers in the principle towns and further investment in golf property. Larnaca therefore would look set as the ideal location for both. It's close proximity to the Islands principle airport coupled with ease of access to the rest of Cyprus strengthens this argument even further.
Larnaca property is not the most expensive in Cyprus right now but of course all that could change very quickly. Once golf arrives in an area prices tend to increase rather quickly and tardy investors often find themselves left behind. The trick is to pre empt the market and buy property before any plans for leisure complexes or major infrastructure changes are rubber stamped by the planing authorities. This is of course a highly risky business but that's why so much profit is made from such speculation by savvy investors. Even those looking to buy a holiday home for themselves could edge their investment bets by purchasing in Larnaca as apposed to other parts of Cyprus. The resort area of the town is after all a beautiful location for that dream home in the sun.
Anyone who has visited Cyprus a few times in recent years can see just how fast the Island is developing not just in terms of residential building work either. Many of the larger chain stores are opening outlets and foreign investment continues to pour in. The new generation of Cypriots have seen what the rest of Europe enjoys and they want a piece of it for themselves. The battered pick up trucks are giving way to the likes of Mercedes and BMW whilst the marinas are filling up with luxury power boats. There is new money in Cyprus which in turn is attracting plenty more of the same. Larnaca and other resorts in Cyprus could be perched on the crest of a second much larger investment wave.
No one can accurately predict how the economy will perform in the future but leisure and property have always yielded long term sustainable growth. Larnaca could soon be at the center of one of the most lucrative phases of the Islands recent history with the heady mix of golf, sun and holiday property. So if you are looking for that dream home in the Cyprus sun it may be that Larnaca property is just what you are looking for. The other positive factor of the golf equation is that it could turn a summer only holiday resort into an all year golfing centre. This would likely have the knock on effect of putting the town on the map as the East coast's all year resort just as golf did in the paphos area. Maybe it's time to consider making your investment in Cyprus Larnaca property.
Kevin Moore lives half the year in Cyprus writing regular articles about all things Cyprus including holidays and Cyprus property purchase. To learn more check out his web site here Larnaca Property
Article Source: http://EzineArticles.com/?expert=Kevinor_Moore
The influx of foreign money generated by the Cyprus property boom has been a major contributing factor to this optimistic view for sure. However this new wealth has created a large amount of disposable income and those that have it are looking for places to spend it.This has created the demand for European shopping centers like the Cyprus mall and improved leisure facilities such as golf. Some observers are predicting the building of more shopping centers in the principle towns and further investment in golf property. Larnaca therefore would look set as the ideal location for both. It's close proximity to the Islands principle airport coupled with ease of access to the rest of Cyprus strengthens this argument even further.
Larnaca property is not the most expensive in Cyprus right now but of course all that could change very quickly. Once golf arrives in an area prices tend to increase rather quickly and tardy investors often find themselves left behind. The trick is to pre empt the market and buy property before any plans for leisure complexes or major infrastructure changes are rubber stamped by the planing authorities. This is of course a highly risky business but that's why so much profit is made from such speculation by savvy investors. Even those looking to buy a holiday home for themselves could edge their investment bets by purchasing in Larnaca as apposed to other parts of Cyprus. The resort area of the town is after all a beautiful location for that dream home in the sun.
Anyone who has visited Cyprus a few times in recent years can see just how fast the Island is developing not just in terms of residential building work either. Many of the larger chain stores are opening outlets and foreign investment continues to pour in. The new generation of Cypriots have seen what the rest of Europe enjoys and they want a piece of it for themselves. The battered pick up trucks are giving way to the likes of Mercedes and BMW whilst the marinas are filling up with luxury power boats. There is new money in Cyprus which in turn is attracting plenty more of the same. Larnaca and other resorts in Cyprus could be perched on the crest of a second much larger investment wave.
No one can accurately predict how the economy will perform in the future but leisure and property have always yielded long term sustainable growth. Larnaca could soon be at the center of one of the most lucrative phases of the Islands recent history with the heady mix of golf, sun and holiday property. So if you are looking for that dream home in the Cyprus sun it may be that Larnaca property is just what you are looking for. The other positive factor of the golf equation is that it could turn a summer only holiday resort into an all year golfing centre. This would likely have the knock on effect of putting the town on the map as the East coast's all year resort just as golf did in the paphos area. Maybe it's time to consider making your investment in Cyprus Larnaca property.
Kevin Moore lives half the year in Cyprus writing regular articles about all things Cyprus including holidays and Cyprus property purchase. To learn more check out his web site here Larnaca Property
Article Source: http://EzineArticles.com/?expert=Kevinor_Moore
Tuesday, 24 November 2009
Golf in the Sun - Take a Look at Cyprus
Picture an average day's golfing in the UK. Dark clouds scud across the sky, the fairway is under an inch of water and howling gales make sure that the little white ball goes every which way but where you want it to.
This has certainly been the case in the summer of 2007, which is just one more reason why so many British and North European golfers are now casting their eyes abroad in search of golf properties in warmer climes.
During the past few years, the most popular and exclusive destinations have included 'Sun City' in South Africa, 'La Manga' in Spain and the self-proclaimed king of golf resorts, 'Vale do Lobos' in Portugal. But whilst, from a golfer's point of view, these locations boast outstanding facilities and the very height of luxury where golf properties are concerned; from an investor's point of view they have seen their day, so to speak.
Let's take La Manga as an example.
Bearing in mind that plans for a new and exclusive golfing resort in Spain began to attract substantial investment from Premiership footballers, sporting personalities and high-flying members of the international business community between 2001 and 2003, it may come as something of a surprise to find that La Manga saw its first Spanish Open back in 1973.
Indeed, as is the case with many other golfing venues around the world, La Manga's meteoric rise to international fame can be largely attributed to being in the right place to take advantage of the veritable explosion in demand for golf properties in the sun which began during the late 1990s and continues to this day. It is safe to say that any investor who bought a home at or near the resort between 2001 and 2003 has seen an above average ROI.
These days however, although property values are of course still rising, homes around La Manga have long since seen the steepest part of the appreciation curve.
By contrast, there is a location in the Mediterranean where golf and golf resorts are only just beginning to become a standard feature; Cyprus, the 'Island of Aphrodite'.
The Republic of Cyprus saw the opening of its first grass golf course at Tsada, a small village in the hills above Paphos, back in 1994. Subsequent years have seen the opening of golf courses at Secret Valley and the neighbouring Aphrodite Hills along Cyprus' west coast; all of which have become favourites with golf tourists from across Europe.
Where golf in Cyprus is concerned however, the development which is catching the attention of golfers and investors from around the world, is the announcement by the Cypriot government that fourteen new golf courses are to be constructed throughout the Republic. Whilst this may not seem like an extraordinarily large number at first, one should bear in mind that Cyprus is quite a small island and it is possible to drive from one end of the island to the other in less than three hours.
Furthermore, as far as a golfing venue is concerned, Cyprus is certainly no slouch compared to Spain or Portugal. With an average 326 days of sunshine each year, the island counts itself as one of the sunniest locations in the Mediterranean. Similar things may be said about the island's scenic beauty which sees a stunning variety of landscapes, ranging from the coastal plains and hills with their majestic sea views, to the tree covered slopes of the Troodos Mountains in the island's interior.
Given the Cypriot government's firm commitment to put the Republic of Cyprus on the international golfing map and the 'Cyprus Tourism Organisation's continuing global drive to bring more visitors to the island, it is easy to see the long-term potential of fourteen new golf courses, together with associated resorts and luxury property developments.
Here then, is a place which promises to fulfil not only the desires of the avid golfer, but the shrewd investor also.
So, if you're after golf in the sun and a healthy return on your investment, why not take a look at Cyprus?
Brian Rettendon has been an avid golfer for many years. By combining his experience as a player with his long-term knowledge of investing in the overseas property market, Brian has been successfully advising potential investors about golf properties in the Mediterranean since 2001. Visit his website for more information about Golf in Cyprus and golf properties on the island.
This has certainly been the case in the summer of 2007, which is just one more reason why so many British and North European golfers are now casting their eyes abroad in search of golf properties in warmer climes.
During the past few years, the most popular and exclusive destinations have included 'Sun City' in South Africa, 'La Manga' in Spain and the self-proclaimed king of golf resorts, 'Vale do Lobos' in Portugal. But whilst, from a golfer's point of view, these locations boast outstanding facilities and the very height of luxury where golf properties are concerned; from an investor's point of view they have seen their day, so to speak.
Let's take La Manga as an example.
Bearing in mind that plans for a new and exclusive golfing resort in Spain began to attract substantial investment from Premiership footballers, sporting personalities and high-flying members of the international business community between 2001 and 2003, it may come as something of a surprise to find that La Manga saw its first Spanish Open back in 1973.
Indeed, as is the case with many other golfing venues around the world, La Manga's meteoric rise to international fame can be largely attributed to being in the right place to take advantage of the veritable explosion in demand for golf properties in the sun which began during the late 1990s and continues to this day. It is safe to say that any investor who bought a home at or near the resort between 2001 and 2003 has seen an above average ROI.
These days however, although property values are of course still rising, homes around La Manga have long since seen the steepest part of the appreciation curve.
By contrast, there is a location in the Mediterranean where golf and golf resorts are only just beginning to become a standard feature; Cyprus, the 'Island of Aphrodite'.
The Republic of Cyprus saw the opening of its first grass golf course at Tsada, a small village in the hills above Paphos, back in 1994. Subsequent years have seen the opening of golf courses at Secret Valley and the neighbouring Aphrodite Hills along Cyprus' west coast; all of which have become favourites with golf tourists from across Europe.
Where golf in Cyprus is concerned however, the development which is catching the attention of golfers and investors from around the world, is the announcement by the Cypriot government that fourteen new golf courses are to be constructed throughout the Republic. Whilst this may not seem like an extraordinarily large number at first, one should bear in mind that Cyprus is quite a small island and it is possible to drive from one end of the island to the other in less than three hours.
Furthermore, as far as a golfing venue is concerned, Cyprus is certainly no slouch compared to Spain or Portugal. With an average 326 days of sunshine each year, the island counts itself as one of the sunniest locations in the Mediterranean. Similar things may be said about the island's scenic beauty which sees a stunning variety of landscapes, ranging from the coastal plains and hills with their majestic sea views, to the tree covered slopes of the Troodos Mountains in the island's interior.
Given the Cypriot government's firm commitment to put the Republic of Cyprus on the international golfing map and the 'Cyprus Tourism Organisation's continuing global drive to bring more visitors to the island, it is easy to see the long-term potential of fourteen new golf courses, together with associated resorts and luxury property developments.
Here then, is a place which promises to fulfil not only the desires of the avid golfer, but the shrewd investor also.
So, if you're after golf in the sun and a healthy return on your investment, why not take a look at Cyprus?
Brian Rettendon has been an avid golfer for many years. By combining his experience as a player with his long-term knowledge of investing in the overseas property market, Brian has been successfully advising potential investors about golf properties in the Mediterranean since 2001. Visit his website for more information about Golf in Cyprus and golf properties on the island.
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