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Ryder Cup win will boost French golf property - 9 June 2011
When it comes to great golfing holiday destinations, Spain has traditionally held the top position in Europe, but with last month’s announcement of Paris pipping Madrid at the post to secure the 2018 Ryder Cup, it appears the tide may be turning in favour of France.
The French secured the winning bid over Portugal, Holland, Germany and of course their main golfing rivals Spain, to bring the Cup back to mainland Europe for the first time in 21 years, it was announced on May 17th. The competition will take place on the stunning Golf National course on the outskirts of Versailles - a factor which was thought to have secured the bid for the country as it is both an established, already-built course as opposed to Spain’s, and its final holes have an ampitheatre-type arrangement with space for around 100,000 spectators.
Paris’s hosting of the cup will have a huge knock-on effect for the golfing industry in France in general. The sport is currently sixth-ranked in terms of popularity in the country, and all registered players have agreed to pay a 3 euro annual fee towards a special Ryder Cup fund that will subsidise the construction of 100 new courses in France.
The international recognition for French golf, as well as the considerable local investment in the industry, is good news for golfing property owners and buyers, as many of the new courses and resorts planned across the country will no doubt afford hugely increased popularity in the coming years. Barrasford & Bird’s Chateau de la Cazine, designed by renowned golf architect Bruce Weller, and the St Endreol Spa and Resort, centred around the well established Michel Gaydon-designed course, are two upcoming new developments that are sure to continue to make golf trendy again in France.
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