Find out what’s happening in the property investment arena both in the UK and internationally
Join The Club With A Golfing Investment
June 17, 2009Article by Ray Withers
Investors can join the club and be on a par with other successful property people by land banking US below market value building plots.Plots are available at The Fairway Residences, part of the 20-year established at Island Green Country Club, Myrtle Beach, South Carolina.With the pound and euro rising against the US dollar, currency fluctuation makes a US property investment even more interesting.
Dubbed one of the world’s golfing capitals, Myrtle Beach has over 100 courses to match the talents of most players.The balmy South Carolina climate makes the state a popular holiday destination that lures more than 14 million visitors each year, that is an attractive market for holiday lettings.As if the golf wasn’t enough, South Carolina has the 60-mile Grand Strand of pristine beach, of which Myrtle Beach is a part.
South Carolina is also easy to get to in the US – only 40 minutes flight from NewIsland Green Country Club, South Carolina, consists of 287 properties of 2125 sq ft to 2002 sq ft. The build period for each property averages 30 weeks although completion can be delayed.Investors can stand to make a massive 233% profit from a new exclusive US property investment deal.
Fairway Residence is a gated resort community set in the heart of the established Island Green Country Club, South Carolina, at popular retirement resort Myrtle Beach, South Carolina.Investors can secure a building plot at a pre-launch price of £21,000, exclusively through Property Frontiers.The plots offer the opportunity to either land bank or to construct a luxury home and take advantage of the uplift associated with property development.
Investors will have the option to develop their plots through a joint venture between Property Frontiers and one of South Carolina’s most experienced developers Tower Developments.Options will include three and four bedroom-detached houses.The development offers world-class golf and is minutes from one of America’s finest beaches.Unlike many land development opportunities the infrastructure and luxury facilities are already in place, including a clubhouse, indoor and outdoor swimming pools, tennis courts, a fitness centre, and a business centre.
Pre-launch land plot options available from £21,000 for a limited time onlyComparables on the same development are selling for $89,000 (£63,000).This exclusive offer is limited to a few plots and represents great value for money in the current US distressed property market by coming in at 66% below market value plus offering further scope for development profits.
Island Green is set on over 200 acres of beautiful rolling hills, rivers and lakes, and offers a stunning location to relax. Surrounded by nearby golf courses, trekking and fishing locations, guests can truly benefit from its secluded location.