On paper it looks like just another 114-acre farm for sale in a New York rural backwater, but to anyone who follows polo it is where  the sport’s most famous annual events takes place.

The Mercedes Benz Polo Challenge, hosted by the Bridgehampton Polo Club at Two Trees Farm, is a must-attend event on New York’s social calendar with Ralph Lauren, Brooke Shields, Chloe Sevigny, Christine Brinkley and Steven Spielberg all regular attendees. This year the event took place on 24th July and both Amber Rose and Kourtney Kardashian boosted the celebrity count.

But all this is now up for sale and for a lot less than two years ago when the property was first reported for sale. Back in 2008 Two Trees Farm was put on the market by owner and Brooklyn-based developer David Walentas for $95 million but the property is today for sale at $75 million.

Although this sounds like a lot for a polo farm despite the price reduction, Two Trees Farm offers both an idyllic and sought-after location and a lot of property.

It’s near Bridgehampton in the middle of Long Island’s most expensive patch of land, the seaside resort area of The Hamptons – a group of 24 villages and hamlets around the towns of Southampton and East Hampton. The area  is where America’s rich and famous like to own homes and current locals include Renée Zellweger and Nathan Lane.

Anyone considering buying Two Trees Farm, which was bought in 1993 by Mr Walentas for $2 million, has to be into horses. As well as two houses, an eight-unit apartment building (for grooms), pool and tennis court there are three barns, two indoor riding arenas and two polo fields.

The property is currently being sold via the New York office of Sotheby’s Realty International.

Primelocation is sponsoring this year’s  International Property Awards in association with Bloomberg Television, the housing world’s answer to the Oscars with a red carpet event to be held on November 25th and 26th this year in central London. 

So could your next home end up with an international gong for its architecture, build quality or a range of other categories?

These awards may not offer the same glamour and stars as the yearly Oscars in Hollywood, but in many ways they are not far off with categories that include best golf development, international property, apartment and interior design.

The event began it began in 1994 and has developed into a global concern with regional heats held across the world during the build up to the final in London. This comes to a glamorous climax at an event attended by the leading lights of the property world and celebrities.

These in past years have included Rick Wakeman of 1970s supergroup Yes, BBC Royal Correspondent Jenny Bond, interiors expert Linda Barker and Location, Location, Location star Phil Spencer. And the awards have high profile sponsors too. As well as Primelocation.com these include newspaper The New York Times, Google, Bloomberg Television and Maserati.

But one thing that doesn’t change is the robust judging process. Every year the world’s industry experts gather to judge - including this time round Primelocation.com’s Nigel Lewis - whether the hundreds of entries from across the globe pass the quality test.

A wide range of residential and commercial properties are judged from grand villas in Dubai to office developments in Budapest, and previous winners have included UK agent Knight Frank, developer Berkeley Homes (for its Sugar House development in London) and the Dunas Douradas Beach Club on Portugal’s Algarve coast. But winners come from a wide range of countries including Panama, Brazil, India, Singapore, South Africa and Cape Verde.

Golf resorts, like Lady GaGa, are gorgeous to behold but occasionally contentious. Usually neatly trimmed, bunkered and full of white wash villa wonders they are nevertheless sometimes criticised for being water and land hungry.

But despite these weak points resorts such as Monte Rei in Portugal (picture, above) are enormously popular with the club swinging crowd, lauded as the golf equivalent of the ski-in, ski-out chalet.

And for most it’s the brilliance of the golf that really matters – the devious dog legs, the angle of the greens, placing of the bunkers and length of the rough. If these are up to par then it’s time to look at the design of the houses, a resort’s location and its reputation.

So the Primelocation team has found a writer to rank them. He’s played many of the world’s best golf resorts and seen their properties, becaise Peter Swain (and his writer wife Cheryl Markosky) have spent many weekends away in recent years writing a column for the The Daily Telegraph, so who better to sift through the hundreds of golf resorts around the world and name the 20 best? Read the ample fruits of his efforts here.

Few of the adverts for overseas investment properties that lure you in with glossy pictures of slim models wallowing in pools next to whitewashed villas mention the less glamorous side of owning a buy-to-let property overseas.

There’s the local utility companies to deal with, the challenges of finding a reliable cleaner and gardener, footing unexpected repair bills and the often complicated local taxation regimes.

But one challenge that no one could predict is the mountain of weird or surprising items that holiday makers leave behind in rental properties overseas for landlords to clear up .

According to Owners Direct, one of the leading private holiday home rental websites, the items most often left behind are the ones you’d think holiday makers need to get home – money, passports, false teeth, vital medicines, travel documents and car and house keys.

But although leaving behind these essentials can have serious and  expensive consequences, other belongings left behind by holiday makers are obviously too embarrassing to take home or worth retrieving.

Items found by Owners Direct landlords in properties include a pair of Father Xmas trousers, a fake beard, a false leg, a bongo drum and a full sized rubber mask of George Bush.

And being a holiday home owner might appeal to those with a thirst for free alcohol – holiday makers regularly leave behind titanic caches of unconsumed booze rather than lug it all the way back home.

But perhaps the most surprising items left behind were the most generous. One owner said a customer of theirs replaced all the light bulbs in their property with low energy ones for free.