Temporary back... Golf and investors Reap rewards
While many investors property rental in Tenerife have been feeling the recession pinch, owners of golf already saw the end of the dip. Some of the biggest winners in started back are those renting properties in the areas of golf del Sur and Amarilla Golf.
More than 80,000 golfers visited Tenerife in the first quarter of this year, with numbers to the heights they developed the level before the recession. Of this number, over 12,000 rent of apartments and villas in the area of San Miguel, a figure which is considered an underestimation of many apartments for rent are not declared at the tourist office.
For owners of Tenerife, golfers are the ideal group remain in their property. 60% are aged between 46 and 65, so they tend not to have all parts of the night, ruining the decor or disturb the neighbours. Golf properties are much less maintenance than near the beaches of Playa de Las Americas and los Cristianos.
Golfers are a particularly lucrative market for the island: 43% of tourists Tenerife golf are directors of the company. A reasonable hypothesis to be drawn from this is that they are likely to be the most sophisticated. Most stay in 4 or 5 star hotels and those who remain in villas and apartments will tend to choose those most recently built on Virgin complexes.
Golf is a sport more growth in Europe and the aisles of the island are luring players from across the continent successfully. About a quarter of golfers the island come from United Kingdom and the same quantity of the Germany. Scandinavian and Spanish on the continent are next most important sectors. A third remaining came from other countries are the Group grows, more than double the number from the previous quarter.
Golf is not susceptible to the vagaries of individual savings as other forms of tourism, to ensure that owners of rental apartments autour de Tenerife golf courses have more stable client market.
But perhaps the most important statistic for owners of properties of golf is the number of golfers visited before returning. Golfers are a group of loyal and 63 percent who visited the island in the first quarter of this year have been before. Frequent visitors may remain in the same dwelling as long as they were satisfied. Such a high rate of change of booking means that the costs of marketing for the rental of golf properties get lower and lower as owners build loyal customers.
With an investment of recession-proof you would you expect golf properties are expensive. However, the construction industry has resisted certainly not the recession well and right that now it is possible to buy a property fantastic boon newly built on golf courses, ideal for a golf vacation.
If you're an investor looking for an excellent return on your capital or are considering your first investment property... Tenerife golf properties are close to impossible to beat!
Article kindly provided by Marketing Tenerife.
