Viva España

With Spanish property prices down by 60 per cent from their 2007 peak, now is the time for golf-loving real estate investors to take advantage, says Hong Kong-based advisory firm, Financial Partners

World-class golf awaits at Valderrama

WHERE TO BUY

Alcaidesa Golf Apartments

The Golf: You will find two magnificent golf courses within the complex, one of which is the only links course in southern Europe, Alcaidesa Links, considered by the magazine Golf World to be one of the 20 best links on the European continent. Many tournaments have been played at Alcaidesa Links, including two PGAs of Andalusia, in 1993 and 1994, one PGA of Spain in 1995 and The Ryder Cup Junior Match in 1997. There is also a magnificent driving range with 72 practice bays, a spacious practice area with putting green, bunkers and a short game area.

Properties: This new residential development offers 154 apartments and penthouses. Unit sizes range from 80sqm to 135sqm with two and three-bedroom layouts. Some units include large terraces of between 60sqm to 200sqm, providing an ideal vantage point to enjoy the outdoors and take in the view. Facilities include two outdoor swimming pools, spacious communal areas, incredible sea views and 24-hour security. In addition, the beach and golf course are only five minutes away.

Price: €87,500 - €232,500

Golf 19 Apartments

The Golf: Flamingos Golf is a 6,853-yard, par 72 championship course with narrow fairways that are naturally laid out on gently sloping terrain. The course has nine water hazards and 43 bunkers, most of which protect the approaches into its fast Bermuda grass greens. The ever-present ocean breeze makes this excellent design quite the challenge.

Properties: Located in the exclusive area of Los Flamingos, close to Villa Padierna, one of the area’s top luxury hotels, Golf 19 is a private luxury development with contemporary one, two and three-bedroom units and penthouses. Units range in size from 69sqm to 154sqm each with a large private terrace or private garden. The properties are finished to a high standard and offer stunning views to the golf course, lakes, landscaped gardens and out across the Mediterranean Sea. Facilities include two swimming pools, clubhouse, gym, a putting green and 24-hour security. The development is located only a short 10-minute drive to the glamorous international Marina of Puerto Banus and Marbella.

Price: €235,000 - €425,000

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