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Added 05/11/08
Mississippi is a good bet as the Gulf turns to Golf


Overseas property investment news - Fly to let Fly to Let investors may like to take a gamble on property along Mississippi's casino strip after predictions that it is aiming to topple Atlantic City as the second largest gaming market in the US.

Even before the hurricanes of 2005 that hit the area, Mississippi's power in the gaming industry was on the rise and it is now determined to win the title.

Mississippi is however spreading its bets. Instead of putting everything on red or black it is turning to green as the area is an emerging golfing hotspot.

Mississippi's temperatures are one great draw for golfers, with a semi-tropical climate that boasts warm, sunny weather for most of the year, good visibility and cool breezes that add to the challenge of a round in this southern region.

Not only this but the draw of the casinos, along with local entertainment, white sanded beaches and an area history that includes the Mississippi Blues Trail, mean that Mississippi offers a rounded tourist experience for those visiting to play golf. State governor Haley Barbour calls the ‘magic of Mississippi’.

There is an impressive 140 or so Mississippi golf courses which benefit from the region's fertile soil and many of the local courses are designed by top golf celebrities.

A golf course that exemplifies Mississippi's regeneration following the hurricanes is The Bridges in Bay St Louis, designed by Arnold Palmer. A course that boasts 21 bridges and 17 lakes to its name. In 2007 it was named one of Golf Digest's ‘Top 40 Casino Courses’.

A newer golf course that is becoming popular with tourists is Fallen Oak, Biloxi - one of the winners of the GOLF Magazine's 2007 ‘Top Ten New Courses You Can Play’.

All this adds up to a Mississippi tourism industry with plenty of potential to attract Fly to Let customers.

The increasing focus on golf for the Mississippi region is one that is bringing tourism and in turn increased employment to the local area. The continuing post-hurricane regeneration is especially good for the Biloxi area, hard hit in 2005 but re-emerging into a popular place for golf tourists and in turn investors.

Danny Silver, principal of Property Direct America agrees. He said: This is an excellent time to invest in the Mississippi region as the regeneration is in full swing and there is currently a great demand for housing.

Those looking to cash in on the growing success of the area can invest in Bayside Park, Hancock County, where three bedroom steel framed energy efficient homes can be purchased from as little as £88,000 with a 90 percent LTV mortgage available.

Falling within the 'Gulf Opportunity Zone' (or 'Go-Zone') foreign investment is being actively encouraged as part of the regeneration.


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