The Loop

The Home of Golf can be the Home of You for a million bucks

March 20, 2015

If you haven't booked a room for this year's British Open at St Andrews, you're probably already out of luck. The "Auld Grey Toon" doesn't have much hotel inventory on its best day, and the crowds always descend from overseas when the Open is played at the Home of Golf.

But money does solve many problems.

Instead of shelling out thousands to rent a room 50 miles outside of town, you could consider becoming a St Andrews property owner yourself. Either use the new pad as an excuse to relocate to Scotland permanently, or stay in the new place during the Championship then rent it out to some respectful university students -- leaving two weeks open every summer to coincide with a grand buddies trip.

Property near the town center -- and the Links --is in high demand, so you won't find any Florida-style bargain basement deals. This charming two-unit apartment building three blocks from the course has one three-bedroom unit and a newly-constructed one-bedroom cottage behind it. It features a lovely courtyard in back but no dedicated parking -- and it'll run you about 700,000 pounds, or $1 million U.S.

But the convenience of walking to the Old Course--and getting your hair done right downstairs? Priceless.