Golf courses 'to boost Cyprus property market'

Monday February 16th , 2009

Golf courses 'to boost Cyprus property market'

Several new golf courses which are to be located in Cyprus could significantly boost the country's property market, it has been claimed.

The Cypriot government recently approved new golf courses on the island, which it hopes will attract more tourism.

It is thought that the new courses will be built at Limassol at Ayios Ambrosios, at Paramali and Fassouri, at Polis Chrysochous, in Paphos and Ammochostos-Larnaca.

Stefanos Stefanou, a Cypriot government spokesman, said: "It was taken for the purpose of strengthening the tourism product in Cyprus and boosting economic activity.

"In accordance with the decision, no water supplies will be given over by the government to meet the needs of these facilities."

The new courses – which were approved with conditions - will bring the total on the island to 17.

It recently emerged that scheduled flights to Cyprus will rise from the current 15 a week to 60 a week in April, which is a 300 per cent rise.
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