1. What internal games for employees are worth organizing?
  2. Profession: greenkeeper. Who are the keepers of golf courses and lawns?
  3. Best running shoes for men
  4. Is Duplicate Content Really a Problem?
  5. The Timing of Your Success: How Long to Wait for the Results of Positioning
  6. How to dentify the right keywords for local search?
  7. E-commerce optimization. How to increase the involvement of local consumers?
  8. Kneeler – a healthier substitute for an office chair
  9. 7 equipment and gadgets to equip a luxury yacht
  10. From William Howard Taft to Donald Trump – a golfing tradition at the White House
  11. POSITIONING – WHY IS IT SO IMPORTANT FOR SUCCESS IN SPORTS BUSINESS?
  12. What to run in during the winter?
  13. How to improve fitness?
  14. Where do you start with healthy eating?
  15. Trekking bike for work and vacations. A versatile companion on two wheels
  16. Board for manual hand training – a universal gadget that works well at home and at work
  17. LOCAL POSITIONING – SUPPORT YOUR LOCAL BUSINESS
  18. How much did athletes earn in 2021? Check out our ranking!
  19. Sports business relief – what will it give to clubs?
  20. What phone for athletes and active people?
  21. What is insurance for athletes?
  22. What to take on a long bike trip?
  23. Is it a good idea to buy sports equipment on installments and why?
  24. Going skiing – what should I take with me?
  25. What additional life insurance should I choose?
  26. Trekking – what are its benefits?
  27. How do you encourage employees to bike?
  28. Outdoor gym – a set of exercises that will relieve your back
  29. Construction of a golf course – a guide for investors
  30. Running – a great way to relax after work and keep fit
  31. Gadgets to help you monitor your workout
  32. Yoga at your desk – these asanas you can do at work!
  33. Is it possible to make a fortune from horse racing?
  34. Serena Williams – tennis player turned thriving businesswoman
  35. Which global millionaires loved the game of polo?
  36. Where to start working on your physique? Tips for working out
  37. How much does it cost to build a private tennis court?
  38. Strengthen leg muscles at work – office exercises for legs
  39. How do prestigious horse auctions work?
  40. How much does it cost to sail around the world?
  41. The most popular hand training devices
  42. How do you combine training with a full-time job?
  43. Ideas for sports integration of employees
  44. How much does it cost to raise a tennis champion?
  45. EMS – a modern form of training
  46. Yacht charter and leasing, or how to make money on exclusive boats
  47. Federer and other millionaires. Which tennis players earned the most in 2020?
  48. Cult golf courses – every golfer’s dream
  49. Investing in a yacht for rent – does it pay off?
  50. Benefits of playing squash that will be useful for business
  51. E-sports – an industry that pays to invest in
  52. Work ergonomics, or how to increase work comfort in the office
  53. Small exercise accessories to carry with you
  54. Carpal tunnel syndrome – what exercises will help prevent nerve ischemia?
  55. Prestigious ski destinations – which slopes are worth visiting?
  56. Beauty worth millions – the most expensive horse breeds in the world
  57. How to optimally select a racquet for a paddle?
  58. Under-desk equipment – a way to stay active during work hours
  59. How do I start playing golf and how much does it cost?
  60. The richest sports club owners
  61. What do you need to know before playing paddle?
  62. Industry football tournaments gain in popularity
Thursday, February 2, 2023
  1. What internal games for employees are worth organizing?
  2. Profession: greenkeeper. Who are the keepers of golf courses and lawns?
  3. Best running shoes for men
  4. Is Duplicate Content Really a Problem?
  5. The Timing of Your Success: How Long to Wait for the Results of Positioning
  6. How to dentify the right keywords for local search?
  7. E-commerce optimization. How to increase the involvement of local consumers?
  8. Kneeler – a healthier substitute for an office chair
  9. 7 equipment and gadgets to equip a luxury yacht
  10. From William Howard Taft to Donald Trump – a golfing tradition at the White House
  11. POSITIONING – WHY IS IT SO IMPORTANT FOR SUCCESS IN SPORTS BUSINESS?
  12. What to run in during the winter?
  13. How to improve fitness?
  14. Where do you start with healthy eating?
  15. Trekking bike for work and vacations. A versatile companion on two wheels
  16. Board for manual hand training – a universal gadget that works well at home and at work
  17. LOCAL POSITIONING – SUPPORT YOUR LOCAL BUSINESS
  18. How much did athletes earn in 2021? Check out our ranking!
  19. Sports business relief – what will it give to clubs?
  20. What phone for athletes and active people?
  21. What is insurance for athletes?
  22. What to take on a long bike trip?
  23. Is it a good idea to buy sports equipment on installments and why?
  24. Going skiing – what should I take with me?
  25. What additional life insurance should I choose?
  26. Trekking – what are its benefits?
  27. How do you encourage employees to bike?
  28. Outdoor gym – a set of exercises that will relieve your back
  29. Construction of a golf course – a guide for investors
  30. Running – a great way to relax after work and keep fit
  31. Gadgets to help you monitor your workout
  32. Yoga at your desk – these asanas you can do at work!
  33. Is it possible to make a fortune from horse racing?
  34. Serena Williams – tennis player turned thriving businesswoman
  35. Which global millionaires loved the game of polo?
  36. Where to start working on your physique? Tips for working out
  37. How much does it cost to build a private tennis court?
  38. Strengthen leg muscles at work – office exercises for legs
  39. How do prestigious horse auctions work?
  40. How much does it cost to sail around the world?
  41. The most popular hand training devices
  42. How do you combine training with a full-time job?
  43. Ideas for sports integration of employees
  44. How much does it cost to raise a tennis champion?
  45. EMS – a modern form of training
  46. Yacht charter and leasing, or how to make money on exclusive boats
  47. Federer and other millionaires. Which tennis players earned the most in 2020?
  48. Cult golf courses – every golfer’s dream
  49. Investing in a yacht for rent – does it pay off?
  50. Benefits of playing squash that will be useful for business
  51. E-sports – an industry that pays to invest in
  52. Work ergonomics, or how to increase work comfort in the office
  53. Small exercise accessories to carry with you
  54. Carpal tunnel syndrome – what exercises will help prevent nerve ischemia?
  55. Prestigious ski destinations – which slopes are worth visiting?
  56. Beauty worth millions – the most expensive horse breeds in the world
  57. How to optimally select a racquet for a paddle?
  58. Under-desk equipment – a way to stay active during work hours
  59. How do I start playing golf and how much does it cost?
  60. The richest sports club owners
  61. What do you need to know before playing paddle?
  62. Industry football tournaments gain in popularity

If someone is thinking of investing in the construction of a golf course, they should analyze some fundamental issues, determine the risk, profitability and what they want to achieve. For under the very name of “golfcourse” there are at least several types of areas designed for golf. Analyzing the construction and investment in each area is material for writing a book, so this article will focus on building a full-size championship 18-hole course.

What needs to be considered when building a golf course?

Let’s assume that we already own a beautiful tract of land located in an attractive location – this is the starting point. Then we hire an architect. How much can it cost? The project made by a decent architect affiliated with the Association of Golf Course Architects may cost several tens of thousands of dollars. The best professionals in this field count even more than a million dollars – for the project alone! An additional issue is the author’s supervision, which costs up to several thousand dollars a day.

Having the project done, we can move on to construction. This is probably the most complex process, which can not be clearly estimated. If you are building a golf course in Poland, you have to reckon with the fact that it will be difficult to find a reliable company on our domestic market because there are few specialists in golf course construction. A good solution seems to be hiring a foreign company, but the barrier of formal issues can be a big impediment.

Hiring a foreign company that will agree to perform construction supervision can cost us between $200,000 and $300,000. On top of that there are all the other formal and legal factors such as building permits, expert reports, legal advice and insurance. In the meantime, we will also have to pay property taxes all the time. Regardless of how many additional elements are to be placed on our field, in the form of ponds or streams, we have to reckon with the cost of 1 to 1.5 million dollars. Of course, everything must be done to the standards set by the United States Golf Association (the national association of golf courses, clubs and facilities).

The construction of a golf course is an extremely responsible task, and the smallest details must be taken care of in order to…

Published by Taxus Arbor Saturday, January 7, 2017

The golf course is ready. What next?

Once the construction of a golf course is completed, there are further costs. This is because you cannot start using the course on the march. The first year after construction is the period for maturing all the green areas on our course. Already then you need to think about employing appropriate staff, purchasing machinery, fuel, tools, fertilizers, plant protection agents, as well as building a workshop and a garage with a minimum area of 200-300 square meters. So, not only that the first year after construction of our golf course will not bring any income, you will have to pay more and more. Total from tens of thousands of dollars a year upwards.

Another issue is the clubhouse. It is best to start building it when the course is maturing. A lot of people get carried away with their imagination and ambitions in this area. After all, it is the showcase of the entire golf course. However, regardless of our tastes, we need to allocate for it from 150 to 500 thousand dollars. Let’s not forget about the access road and at least partial fencing of the plot.

The last issue is finding employees. Finding a head-greenkeeper or a club teacher with experience in Poland may prove to be a difficult task. Bringing in professionals from abroad is another cost. Betting on native staff in the form of graduates of agricultural universities may involve a great risk, because they will certainly need time to learn everything.

Building a golf course – is it profitable?

KPMG conducted a 2014 study entitled: “From North Cape to Cape Town. Golf Course Development Cost Survey 2014 in Europe, Middle East and Africa”, on the basis of which it calculated that building a golf course consisting of 18 holes is an investment of 4-5 years on average, which will consume nearly 6 million euros. The annual cost of maintaining the course is several million zlotys.

Whether such an investment pays off depends mainly on the wealth of the investor and appropriate planning of the entire project. A well-equipped golf course, located near urban agglomerations, with good access and high quality of green areas, is able to earn for itself. Much will depend on whether we can attract potential sponsors. As you can see, there are a whole lot of variables to take into account here, but if you don’t take the risk, you’ll never know if it was worth it.

Featured photo: Freepik

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Jude Cooley

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