For many, the US at this moment is ripe for ‘buy low, sell high,’ but buying low does not mean simply buying something ‘cheap’…

It also requires being selective about quality and location. Many developers of higher end properties have come up with ways of enticing investment in a changed yet ironically competitive investment landscape.

UK developer Anton Tardif is currently developing a luxury golf resort in the American tourist domestic hotspot Myrtle Beach, South Carolina.

“I think we have to look at creative ways to keep investment alive and in a way that benefits everyone involved and giving investors some real opportunities,” he said.

His Westwood Land Project is made up of a number of strategically placed lots within his existing development.

The development itself is built alongside an existing 18 hole golf course and includes facilities such as swimming pools, fitness facilities and clubhouse. 

Mr Tardif is now releasing 60 pre-construction uniform Lots in the Westwood site of the development at a special price of £20,000 per Lot.

After definitive planning is granted for the next phase it is anticipated that this land will rise in value, giving the investor the option of selling his Lot back to the developer at a premium.

He could also exchange it for an individual plot of his choice, or take the option of following through and investing in a luxury home on his own site at the cost of construction, built to luxury standard by the developer.

When construction is completed, the buyer will potentially realise a gross rental yield of up to 10 per cent per annum on top of the capital appreciation and property equity.

The property can then of course be put on sale at the market price, giving the developer’s margin to the original buyer.

If, in two years from the initial investment, the buyer is not happy with how the project is progressing, the developer will guarantee the re-sale of the Lot for a 10 per cent minimum premium above that paid by the investor.

Aside from the above benefits, Mr Tardif also says that now is a good time to invest in American tourist resorts; “Resort areas in the US stand to benefit from the recent turmoil as more Americans take holidays at home.

“Myrtle Beach already attracts about 15 million tourists per annum,” he added.

Source: TheMoveChannel.com