Feb 23, 2009

Golf tourism gives fresh impetus to the Italian property market

Italy's property market is benefiting significantly from the growth of golf tourism as it is one of the fastest growing parts of the Italian holiday industry.

Tourism chiefs in Italy are keen to boost visitor numbers and have decided to concentrate on attracting golfers. Italy is the place where visitors can find various golfing opportunities and it has excellent golf courses designed by Jack Nicklaus, Arnold Palmer, Robert Trent Jones, Pete Dye and Robert von Hagge. Golfers can experience playing golf by the Lake of Garda, the Lake of Maggiore and the Lake of Como. Playing golf while looking at the beauty of Italy's panoramic rivieras and viewing the Italian mountains that offers enthralling natural oases would be fascinating experience for golfers.

Officials try to promote art with golf tourism with holiday visits to the art cities of Venice, Florence, Naples, and Rome. New leisure outlets such as spas and restaurants are being built in the vicinity of leading golf courses. Southern Italy has more suitable environments for the development of golf. 300 golf fields, from the Aosta Valley to Sicily, and the constant increase in the number and type of players, are encouraging signs for the full growth of this sport.

And now, Tourism and property in the Lake Garda region, Italy may be boosted by a new golf tournament. The Italian Seniors Open Golf Tournament which started in the picturesque region of Lake Garda last year as part of a new three-year agreement is very important from the point of view of the economy and the repercussions it has in the region's property market.

Large-scale plans have been announced by government hoping to lure golfers. The regions of Tuscany, Piedmont, Lombardia, Emilia Romagna and Veneto have well-conditioned 18-hole courses are within short drives of one another. Italian tourism board is now highlighting the region of Friuli Venezia Giulia, in northeast Italy, eager to get the region a piece of the action. Italian government is aiming to build many courses around popular tourist resorts, which could create opportunities for property investment as golf courses tend to give a bit of fresh impetus to the property market.

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