The future of property investment is definitely heading towards golf. Especially those facilities that offer the very best amenities and the very best golf. Donald Trump is a prime example of this trend, investing heavily into high-end golf facilities and increasing their appeal for those at the top of the market.
Trump bought Doral Golf Resort & Spa in Miami, amongst a host of others, from Morgan Stanley two years ago. The resort had five courses encapsulating over 800 acres. This included the Blue Monster, home to the WGC Cadillac Championship and some 700 hotel rooms. Said Trump “They built too many courses during the Tiger boom, and now they’re closing and disappearing, at some point enough will disappear that golf will be a really good business.”
Well, golf now is a really good business, and Trump’s not the only one getting involved, neither is it just existing communities needing a facelift, there are those in development that are a attractive prospect for homeowners too.
Consider the sport of golf and the popularity it had when a certain Tiger Woods was at his zenith during the mid 2000s. Television ratings exploded when Woods was in the mix. In 2000, when Woods won his first U.S. Open at Pebble Beach, more than 400 golf courses opened. This was the Tiger Woods effect in full throttle.
Unfortunately golf courses and developments took much the same hit as Woods’ on course fortune did during the recession years around 2009. While Woods was nursing an ailing back the leisure industry as a whole was hiding behind the sofa. In contrast to 2000, since 2007 almost 800 golf courses have closed in the US and fewer rounds of golf are being played too.
So why hasn’t this deterred the likes of Trump? Because he knows that at the high end, nothing has changed. Those that have always played golf continue to do so and they continue to pay well for the privilege of playing at the best courses with the best facilities.
But golf doesn’t have to be out of the reach for the average golfing American as Trump might suggest.
Combine all these reasons and sooner or later you’ll uncover Diamate Cabo San Lucas. A premier golfing facility in Baja, Mexico, one of the most exclusive holiday destinations for Americans.
It can boast one of the most extensive leisure complexes anywhere and also has some of the best hotel and residential member facilities. It already has a golf course ranked number 52 in the world by Golf Digest. And to top that, it has a course opening shortly designed by Tiger Woods, who was so impressed with the Diamante model that he commissioned a home built for himself there.
With two of the best courses in Baja, ocean and desert views, and within easy reach of the Cabo San Lucas playground. The Dunes course and the Woods-designed El Cardonal are becoming some of the most highly sought places to live and play.
With some of the world’s finest sport fish, in yellowfin tuna and billfish caught in record sizes, Cabo is most definitely on the map as one of the most desirable places to live for Americans.
And you can too by contacting Golf Diamante and booking your reservation.