Med Golf and Marina
Sep
16
Written by:
Friday, September 16, 2011
Construction began January 10th 2011 on the long awaited medgolf Larnaca Golf Resort and Country Club at Tersephanou.
Established in 2004, Medgolf is a group of professionals in the leisure, tourism and real estate industry. DJK Corporation and G. Hassapis Holdings are the Major companies involved.
The Resort will span an area of 1,500,000m² and feature an international 18 hole golf course designed by the world’s leading golf course architects – European Golf Design. The course promises to be challenging and the landscaping includes special water features, bunkers and fairways. The course will cover an area of 615,000m² with a total length of 6,157 yards.
The resort will also feature the Professional Golfers Association (PGA) National Golf Academy of Cyprus. The First PGA Golf Academy in Cyprus, it will cover over 270,000m² and include a Practice Driving Range, 3 and 4 Par coaching holes, a Clubhouse and additional sporting facilities. The PGA will oversee the management of the golf course and ensure the resort is added to their list of European destinations. The academy will also instruct children.
The €350m project will be completed in three stages. The first stage, which will include the golf course, the clubhouse and the desalination plant, will take 18 to 24 months. The second stage will be the building of approximately 250 villas and 150 apartments. The third stage will be the completion of the villas. The project is expected to take approximately five to six years. Demes Karapatikis chairman of the DJK Group said “we will definitely go in spite of the economic situation. After seven years, it’s a dream come true. I would like to see Cyprus as a golf destination. I think that the golf of Larnaca will be one of a kind. I’d be happy to see more golf clubs coming up”
DJK and the Hassapis Group are also involved in building a 150 – berth private yacht resort in Mazotos - The Med Marina Resort. Members of the Golf resort will be able to become members of the yacht club and use the facilities – including apartments and the planned 60-bed boutique hotel.
Karapatakis sees projects such as the new golf resort having an extremely positive impact: “Larnaca will gain a lot from this project. Larnaca has the international airport, it will have the biggest tennis facilities in Europe and the biggest marina and port redevelopment in the Mediterranean.”
“it’s the most beautiful town and my wish is to encourage more business people to come to Larnaca to invest with us, to join forces to build hotels because we cannot do everthing. We believe in this town and we would like to see more enthusiastic people with courage.”