14 new golf courses get the go ahead in Cyprus

Posted in Markets by Carl on February 9th, 2009 02:45pm

The government has finally approved the creation of fourteen new golf courses in Cyprus, which will bring the total number on the island to seventeen. To conserve water each golf course will be required to have its own desalination unit, which must be powered from renewable energy sources.

Spokesman for the Cyprus government, Stefanos Stefanou, said the actual decision had been taken by the previous government.“It was taken for the purpose of strengthening the tourism product in Cyprus and boosting economic activity,” he said.

It is expected that courses will be built in the district of Limassol at Ayios Ambrosios, at Paramali and Fassouri, at Polis Chrysochous, in Paphos and Ammochostos-Larnaca. (Tersefanou near Larnaca has already been given the go ahead)

The story builds!

Share this post:
  • email
  • Digg
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
  • StumbleUpon
  • Technorati
  • NewsVine
  • Live


Leave a Comment

Required

Required, hidden

Trackback this post  |  Subscribe to the comments via RSS Feed


QIS provides outstanding property investment opportunities to our clients from carefully selected partners around the world based on a professional and thorough due diligence approach. Here we try to share industry insights written in a personal manner. Please feel free to get in touch and let us know your thoughts!

Feeds