Ombria was highlighted in a Financial Times article by Liz Rowlinson that explores the growing popularity of golf resort homes among wealthy buyers. Titled “Building homes in golf resorts is par for the course,” Rowlinson describes a surge in the sport’s popularity since the pandemic, and takes a look at the many advantages of property ownership with direct golf course access.
Rowlinson provides an overview of the market, and how a new wave of revamped resorts, including Ombria, are tapping into golf’s recent resurgence. Quoting the sport’s governing body, the R&A, Rowlinson writes that “in 2023 there were 39.6mn golfers — 10mn more than in 2016.” She then explains that “recreation in green spaces took off during the pandemic, when many exclusive golf clubs, especially in Florida, gained years-long waiting lists after the spike in demand.”
Ombria is introduced as exemplifying the advantages of ownership beside a premium golf course. “Not having to compete for tee times or endure slower rounds is an immeasurable USP [for the owner], and inherent value add to their property value.”
As a new golf resort with homes starting from €780,000, Ombria is presented as attracting golfers from around the world, throughout the year. “Seventy per cent of the green fees are played in March, April, May, September and October,” Salvador Costa Macedo, Ombria’s director of golf, is quoted.
Here, the importance of sustainable golf practices is emphasised, pointing out the importance of using local materials, protecting biodiversity, and preserving natural resources. Drawing attention to the increasing importance that sustainability carries for property buyers, Rowlinson notes how this has affected golf tourism.
Inclusion in this article by The Financial Times showcases Ombria’s unique positioning to take advantage of recent premium market trends, and as a doorway to a sustainable golf destination at the heart of the authentic, unspoiled Algarve countryside.
Financial Times & FT Online, May 16, 2024
