A study by IE University and the Spanish Golf Courses Association has shown that golf tourists have invested €4.2 billion in Spanish property, purchasing more than 280,000 homes. Britons top the list of foreigners taking to the fairways in Spain, while Irish golfers are the ones who spend most per day while holidaying here.
It also reveals significant figures regarding the golf sector’s impact on Spain’s economy. It says this sector generates over €12.000 billion in revenue annually and helps create 21,000 plus jobs.
The report goes on to say golfers spend over 3000 euros during a trip with daily expenditure in excess of 300 euros.
It further indicates that over 20% of tourists play golf in Spain and have a second home here. The report claims golfers own 283,000 homes, valued at over €41.000 billion. These owners come to Spain at least once a year and many come at least once every three months.