The FADESA Group and Aymerich Golf Management have signed an agreement for the operation of four golf courses included in FADESA property developments in different parts of the country.
Specifically, Aymerich Golf Management will be in charge of the management of the golf courses owned by FADESA on the Costa Esuri Housing Development (Ayamonte, Huelva), the Moncalvillo Green Casas&Golf Housing Development (Sojuela, La Rioja), the Residencial Lomas de Badaguás Housing Development (Jaca, Huesca) and the Costa Anácara Housing Development (Miño, La Coruña).
This agreement is not exclusive, as FADESA has other operating golf courses which are managed by different specialised companies in this sector. In fact, with this transaction the Group seeks to increase diversification in the management of the golf courses it promotes as part of its assets division, as well as improving its level of professionalisation, by dealing with a leading company with a wide experience in the sector.
The agreement, which for the time being only includes these four golf courses, can be extended to others, and also involves the implementation of a series of advantageous measures for purchasers of properties in the housing developments where these golf courses are located. To be exact, buyers will benefit from a 30% discount in the purchase of the rights of use of the golf courses mentioned in the agreement. In addition, several different formulas are under consideration, so that guests staying at the hotels located in these developments will also enjoy certain advantages regarding access to the courses included in the agreement.
Description of the golf courses
The Sojuela Golf Club (La Rioja), which has been open to the public since the 18th of November, has 18 holes over 6,300 metres with a par of 72, including a practice course and putting green. The holes have several tees, greens with gentle hills and wide lanes. The course is set among several areas of indigenous forest, which provide a perfect setting for playing golf.
For its part, the Costa Esuri (Ayamonte) golf course, which is included in this agreement, has 18 holes, as well as a practice area with a course, a putting green and an approach zone. The round is over 6,698 metres with a par of 72. This golf course is suitable for the amateur player, with its easy play and balanced round, and it is set in a beautiful marsh. The opening is scheduled for next December.
The golf course at the Residencial Lomas de Badaguás (Jaca) has 18 holes, as well as a practice area with its own course, putting green and approach zone. The round is over 6,334 metres with a par of 71, with a very balanced layout, alternating long and short holes, large greens and various levels of play. Located in a setting of great value in terms of its natural features and landscapes, with variable slopes and wonderful views, it currently has 9 holes open to the public, with the remaining 9 in the final stages, with the whole course being scheduled to open in the spring of 2007.
Finally, the Costa Anácara Housing Development (Miño) golf course has 18 holes over 6,085 metres with a par of 71. The course is set among numerous areas of indigenous forest, which provide an ideal setting for playing golf. It has a fairly gentle orography, which makes it suitable for amateur players. At the moment, the construction work is progressing swiftly, and the first 9 holes are scheduled to open during the first quarter of 2007, while the other 9 will open in the autumn of 2007.
Source: FADESA
