The Costa Blanca and Costa Calida enjoy incredible all-year-round weather conditions, and Spain's leading developers, are showing enormous commercial interest

Really exclusive golf projects are appearing everywhere. Complete new communities, surrounded by beautifully designed courses, and lush green fairways, are being created, and competing with each other for pride of place in the international property market stakes.

Recently published surveys on developing coastal areas have shown that these two Costas have the greatest potential for growth, and provide outstanding opportunities for investment. Prices are generally lower than other areas, and there are noticeable all-round improvements in communications, workmanship, materials, and standards of construction.

The great attractions of these developments are revalorisation, and the all-year-round rental potential of the properties. Golfing enthusiasts already spend large periods of time in Spain, and with warmer climes just a couple of hours away, they are winging away at any time of the year, to play a few rounds of golf in the sun. Individuals, businesses, and golf-lovers everywhere, are purchasing properties for holiday use, retirement, or purely investment purposes, on and around golf-courses, in ever increasing numbers.

The choice of location and property, is becoming increasingly difficult to make, as the availability on offer just grows. Knowing the area, knowing the developers, and having full knowledge of the present day market situation, means that, for someone in my position, this choice is not so difficult, but for the average man in the street, it might be hard to make the right final decision. The choice is enormous, and prices vary considerably. Along the coast, they are at relatively high levels compared to the rural areas. Nevertheless, proximity to the coast with all its attractions, is important for some people. Most of the new developments are within 15 to 30 minutes of the sea, but there are golfing projects further inland, where peace and tranquility are more important than the hustle and bustle of the coastal towns.

One of the best known, and longest established residential/golf-course developments, is La Manga Club, within easy reach of Murcia and Alicante airports, with three 18-hole championship golf-courses, and many other sports and leisure activities available on the resort, or close-by. Shopping centres, restaurants, a host of lively bars, and a luxurious five-star Hotel and Casino, offer the best in cuisine and entertainment. La Manga Club is obviously top of the range, with every possible comfort and amenity on hand. A few luxurious villas, priced between €1 and €2m, built to exceptional standards, an investment of a lifetime, are on offer, and nearing completion.

You may have to wait longer, however, for properties on many other developments which are selling faster ‘off plan’, because of their lower prices, but that doesn’t necessarily mean that they are not equally good value for money. Polaris World is building golf resorts of extremely high quality, and one can see the progress already. There are numerous other companies offering alternatives, and the options available are far too many to list here. Which project should you choose?...That’s something we should discuss over here in Spain.

Richard A Rooke is an independent property consultant, member of FIABCI, The International Real Estate Federation, and established on the Costa Blanca for more than 22 years. With over 30 years experience in the real estate industry, and professional Spanish real estate qualifications, Richard’s expertise is second to none. He has links with leading developers and builders, throughout the Costa Blanca, Costa Calida, and all along the coast. He has twice been awarded the title of Spanish Property Consultant of the Year, for 2004/2005 and 2005/2006, by Business Britain Magazine, and European Property Consultant of the Year 2005 by Total Business Magazine. This recognition and acclaim, is firmly establishing his company as one of the market leaders in overseas property. If you are looking for sound advice on property in Spain, then Richard’s assistance is what you should be seeking.

Contact: Tel. 0034 965 320 024 or email: richarda@eresmas.net