GOLF INVESTMENTS
Golf course investment and Golf + Hotel + Real Estate projects
A golf course investment combines a real estate asset with an operating business. At NGM Golf & Sports Consulting we support investors and owners in sourcing, analysing and managing golf courses and Golf + Hotel + Real Estate projects in Spain, Italy, Portugal, Mexico, Colombia and the Dominican Republic.
Our advantage is that we know golf from the inside: we can read a club’s operating accounts, identify its improvement potential and design the management plan that protects the value of the investment after the purchase.
How we support every golf course investment
- Sourcing opportunities: a portfolio of courses and projects for sale in six countries.
- Business analysis: occupancy, members, revenue by business line and the condition of the course and machinery.
- Due diligence: water rights, licences, urban planning and current contracts.
- Investor relations: project presentation and search for financial partners.
- Post-purchase management plan: digitalisation, marketing and operational improvement from day one.

Markets with potential
Spain, led by the Costa del Sol and the Valencia region, remains one of Europe’s most attractive golf destinations. Portugal and Italy offer projects combined with hotels and high-end residential, while Mexico, Colombia and the Dominican Republic add tourism growth and competitive entry prices. To follow the sector’s evolution, we recommend the data published by the Royal Spanish Golf Federation.

Before deciding
Find out what to review in our article investing in golf and real estate. If you are considering a golf course investment, let’s talk before you sign.

Frequently asked questions about golf course investment
What return does a golf course investment offer? It depends on the model. A course with a stable membership base generates recurring revenue, while projects with a hotel and residential component concentrate the return on home sales and tourist occupancy.
Is it better to buy an operating course or develop a new one? An operating course reduces licensing and construction risk, although it usually requires investment to renovate facilities and modernise management.
What role does management play after the purchase? A decisive one. In any golf course investment, professional, digitalised management can change the income statement within a few seasons, which is why we include it in the plan from the first analysis.
Do you work with foreign investors? Yes. Many of our golf course investment projects involve international investors, whom we support throughout the process with trusted local partners.
Every project is different, so we always start with a no-obligation conversation to understand your objectives, your investment horizon and the level of risk you want to take.
We also coordinate with lawyers, architects, agronomists and hotel operators, so that investors have a single point of contact throughout the project.
This way, the investor can focus on the decision while we coordinate the technical, commercial and operational details of the project.
Whether you are a family office, a hotel group or a private investor, we adapt the analysis to your goals and timeline.
Do you want to invest in golf?
We have a portfolio of golf courses with great
appeal and return
Do you want to sell your golf course?
We take care of the entire
sales process and investor search,
as well as all the administrative
process so you don’t have to
worry about anything
Hotel and real estate
International Experience
We have projects in
Spain, Italy, Portugal, Mexico,
Colombia, and the
Dominican Republic.
Beyond the investment itself, we support owners and investors with golf course management and with the digitalization of the club through our management software, so the asset gains value from day one. Contact us to discover the available portfolio.