New golf course for Larnaca.

Discussion in 'Cyprus Property' started by Cornholio, Apr 28, 2010.

  1. Cornholio

    Cornholio New Member

    First of three golf planning permits issued
    By Charles Charalambous
    Published on April 28, 2010

    CONSTRUCTION is set to begin on a €400 million-plus international-standard 18-hole golf course and country club project in the Tersefanou area in Larnaca, with planning permits for another two golf projects expected in a month’s time.

    In receiving the green light from the Town Planning Department (TPD), the Medgolf Group – comprising the Hassapis Group, DJK Group and Sakyrco Construction Ltd – committed to complete the project 2.5 years after ground is broken.

    The plans for the Medgolf Larnaca Golf Course and Country Club cover a total of 1.6 square kilometres. They include an international-standard 18-hole golf course designed by market leader European Golf Design (EGD), covering 0.57 square kilometres, plus a clubhouse and luxury spa.

    The project also includes a total of 500-550 properties – including 300 luxury villas – located on a network of paved paths, and incorporating a square designed to host musical and other events.

    Hassapis Group managing director and project spokesman Floros Voniatis told the Mail that apart from the golf course itself and the clubhouse, the project’s infrastructure will include internal roads built to a high specification set by the TPD.

    “We’ve been told the internal roads must incorporate cycling paths, planted verges, and so on. In fact, a cycling path will run under the main road connecting the highway and Tersefanou village, and we’ve also been told to build a two-lane roundabout, which will be a first for us”, Voniatis said.

    The total cost for the infrastructure alone will exceed €60 million, including an estimated €6-7 million for the project’s own desalination plant. “The landscaping will involve the planting of some 400,000 trees, bushes, plants and flowers”, Voniatis added.

    First of three golf planning permits issued - Cyprus Mail
     
  2. Lysos

    Lysos New Member

    I'll believe it when & IF it happens. Aphrodite Hills still has numerous plots & apartments for sale ten years on. Developments elsewhere are at a standstill. Where is the market for 550 new top end properties ?. No, not in the forseeable future.
     
  3. Cornholio

    Cornholio New Member

    We have lift-off............

    Tersefanou golf project set to begin
    By Nathan Morley
    Published on November 28, 2010

    A CONSORTIUM of local developers has officially announced the construction of a long-awaited multi-million euro golf resort project.

    At a press launch attended by Commerce, Industry and Tourism Minister Antonis Paschalides, the Med Group displayed plans for the new development which will be built in Tersefanou, on the outskirts of Larnaca.

    The project is a joint-venture partnership between the DJK Group of Companies, Hassapis Land Developers and Sakyrco Construction and is expected to be completed within the next four to five years.

    According to the plans, the resort will span an area of 1,500,000m² and will feature an 18-hole golf course, complimented by water features, lakes, bunkers and fairways.

    The company says the course will extend over an area of 580,000m², with the total course measuring 5560 meters and will include a practice driving range.

    George Hassapis, the CEO of Hassapis Land Developers, told an audience of around 200 people gathered at Larnaca Municipal Theatre that Cyprus is an ideal location for golf tourism, with the right climate and geography.

    “About seven years ago we began to design a golf course for the area of Tersefanou. These projects will help the upgrading of our tourist product and development in general.

    “Our main concern has always been to respect the environment and our cultural heritage. We therefore have followed all strict guidelines from Government departments,” he added.

    Antonis Paschalides praised the project saying golf would play an important role in the future development of tourism in Cyprus.

    The resort will also feature the Professional Golfers Association (PGA) National Golf Academy of Cyprus. The PGA will manage the golf course ensuring the resort is added to their list of European destinations.

    DJK Corporation Chairman Demes Karapatakis said that the PGA affiliation would mean professional championships could be staged on the island, adding that the aim is to put Cyprus on the map for professional golfers.

    The company announced that a landscaping project will be undertaken next year, with over 400,000 plants and trees planted in addition to extensive infrastructure works, including green areas, footpaths and cycling tracks.

    A private desalination project is scheduled for development to provide the massive quantities of water needed to maintain the course.

    The Green Party has continuously criticized the development of golf courses in Cyprus, pointing to the massive consumption of water used to maintain the greens.

    Tersefanou golf project set to begin - Cyprus Mail
     
  4. mfo

    mfo New Member

    I agree with Lysos......!!!!
     
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