THE FIRST phase of a proposed world class golf resort in Polis Chrysochous in Paphos will get underway this year according to the local mayor.
“I believe that the licence to commence the project will be granted by June at the latest,” Angelos Georghiou said yesterday, adding that he had a meeting with company representatives on Friday.
The Shakolas group, the largest private commercial group in Cyprus, owns a plot of about three million square metres in Limni, the site of the now defunct copper mines-in Polis Chrysochous. Here they will undertake the project, which according to Georghiou will be one of the largest to date in Cyprus.
“It will include two 18 hole golf courses, a 160 room five star hotel and luxury residences amongst other facilities,” he said. The proposed project, costing millions, also includes a sea front area.
The Shakolas group first announced their intention to develop the Limni Golf Resort project in 2007.
“This is a very important project which will help the economy of Polis and surrounding villages, creating many jobs and will encourage many tourists to visit the area,” noted Georghiou.
The mayor said he was unsure of the total cost of the plans, adding that it would run into the millions and that it would be completed in stages.
The two signature championship standard courses are being designed by renowned Gary Player Design and Nicklaus Design which will be the centrepiece of the new development.
http://www.news.cyprus-property-buyers.com