Golf, once an elite sport accessible only to the affluent, has now become part of the urban Filipino lifestyle. Thanks to the changing times where people are becoming more informed about almost everything, the trend of playing the sport has transformed significantly. The expansions of golf courses have also greatly contributed to this shift, which made golf available to a broader audience and raised people’s interest in buying properties near golf courses.
History of golf in the Philippines
Golf was introduced to the Philippines in 1886 by British employees of the Manila Railway Corp., who built a small course in Intramuros. The Manila Golf Club (MGC) was established soon after but initially excluded Filipinos from membership and participation in the Philippine Open. This changed in 1928 when Larry Montes, a Filipino caddy, was allowed to play and won the Open. His victory highlighted the racial discrimination in Philippine golf, leading to the formation of the more inclusive Wack-Wack Golf Club by William Shaw. The Philippine Open moved to Wack-Wack in 1935, marking a significant shift towards greater inclusivity in Philippine golf.
Golf course living trend
As golf becomes more popular and golf courses expand, so does the demand for acquiring properties situated on it. Buying homes within or near the area appeals the most to avid golf enthusiasts and those who play the sport leisurely. The trend has its benefits and some workable challenges, which make golf course living more enticing even to those who barely know the game and are just starting to explore it.
Types of homes in golf courses
Nix Lañas, a seasoned registered real estate broker, shared the different kinds of living spaces that surround golf courses. According to her, in Metro Manila and some progressive townships, you will typically find condos, townhouses, and single-detached family homes, which are popular among families who enjoy golfing. In provincial areas, vacation homes are prevalent and often rented out short-term through platforms like Airbnb. These options range from quaint pool houses to luxury villas, each offering various themes and recreational options. Additionally, retirement communities are common around golf courses, as they provide a serene environment for elders to stay active with light exercises like golf.
An investment potential
Homes near golf courses tend to appreciate faster because of their limited availability, which makes them even more desirable to potential buyers and investors. Because of their property value tends to increase over time, they often attract high-earning residents, ensuring a steady rental income for investors.
“Golf course properties attract a diverse range of home buyers with various motivations. Golf enthusiasts are naturally drawn to these properties to live close to their favorite pastimes. Retirees value a relaxed lifestyle in a clean, healthy environment after decades of hard work. Investors prefer land over condos for capital appreciation and future development opportunities. Affluent buyers seek exclusivity and privacy, as golf communities often offer large lots and houses set far apart from each other. Short-term rental investors appreciate the appeal of golf course properties for vacation rentals, such as Airbnb. Nature lovers enjoy the beautiful green spaces and opportunities for gardening. Additionally, artists and remote workers benefit from the peace and quiet, finding inspiration in the serene environment,” shared Nix.
Status symbol with higher insurance rates
Golf course properties are associated with luxury and exclusivity, enhancing the status and prestige of the residents. These homes are also high-quality developments that are part of well-planned communities with top-notch infrastructures and services. Because of these, insurance rates are slightly higher compared to other similar properties in located in other areas.
Nix highlighted several factors that affect the rates. “First, homes in golf communities often have higher market values, resulting in higher insurance premiums based on the property’s value. Second, the geography of these communities, which often includes rolling hills, creeks, cliffs, and forestry, poses risks such as landslides and erosion, making building on sloping lands more expensive due to the need for earth-moving or more durable materials. Third, homes near golf courses face higher risks of damage from stray golf balls and increased visitor traffic, leading to potential liability issues.” She also added that perimeter properties may be more vulnerable to prowlers who can use the cover of trees and golf course terrain to break into homes during late hours.
Better living environment
Many golf course developments are gated communities and have enhanced security measures, providing a safe living environment. And because of the heightened security, these areas typically have less traffic and noise which offer a more peaceful living experience. Aside from security and privacy, golf courses are meticulously maintained with lush, green surroundings that are visually appealing and calming. These beautiful landscapes offer a break from the crowded and urbanized areas which gives residents more open space and a feeling of tranquility. They are also designed with environmental sustainability in mind, featuring native plants and eco-friendly maintenance practices that benefit both the residents and the environment.
Enhanced well-being and community
Living near golf courses provides easy access to premium recreational facilities. Many golf communities also have additional amenities such as swimming pools, tennis courts, fitness centers, and clubhouses. With more amenities and a serene, green environment, residents are encouraged to do outdoor activities and can enjoy a healthy living and active lifestyle. Through these activities, like-minded individuals get to bond and build relationships which open up networking opportunities and other social events within the exclusive community.
Considerations when buying a golf course property
Acquiring a property or living near a golf course in the Philippines offers a range of benefits, from lifestyle and recreational opportunities to investment potential and enhanced living conditions. However, taking precautions before buying is still important. Nix gives some advice to help future homeowners and investors decide. “Secure your property by investing in features like electric fences, alarms, and CCTV systems to deter intruders. Prioritize construction quality by using strong foundations and durable materials to protect your investment from natural hazards. Familiarize yourself with the area, understand the local lifestyle and security level, and find trustworthy caretakers if you are often away. Finally, invest in suitable vehicles, such as an SUV for navigating slopes and marshy lands, and a golf cart for easy access to the golf course and leisurely rides in nature.”
