ARCHIVED - Condado Golf Course SOLD

It is being reported that the Condado de Alhama golf course has been sold to a local management company

It has been reported from various sources that the Condado de Alhama golf course has been sold by owners GNK to local management group Alhama Healthy Living SL.

Reports have yet to be verified by the two companies but reliable sources seem to confirm that a deal has been done and the new owner intends to build the long awaited clubhouse.

The news is being greeted with great interest and relief by homeowners and golfers alike, a group of whom had formed a rescue consortium to attempt to raise enough capital to buy the course from GNK. This consortium initiated the “A Fairway to Heaven” campaign aimed at securing capital through a shareholder arrangement with potential investors being offered the chance to commit to purchasing “shares” in the ownership of the course, each share being priced at €2,000.

However, it now seems that the situation has been alleviated with the reported sale to a local management company, who are indicating that they intend to make serious investment in the course and facilities.

The following announcement has been released by the new owners:-

“We are pleased to inform you that today, January 4, 2023, the Alhama Healthy Living SL company has purchased the Alhama Signature golf course.

“First of all, inform you that all the subscriptions, golf rights and any other type of agreement that you have signed with GNK will remain valid until their expiration, respecting all their conditions, after which we will offer you the best possible proposals for future renewals, it is our intention that this is your course of choice.

“Soon we will inform you of the project that is going to be developed both in the golf course and in the Resort itself.

“It is our target that Alhama Signature once again be a benchmark course not only in the Region of Murcia but also at a national and international level, a Nicklaus Signature course deserves to be at the highest level.

“May we take this opportunity to wish you a very happy new year 2023.

“Mariano Sanchez Martinez

“Alhama Healthy Living SL”

The Condado de Alhama Jack Nicklaus designed “Alhama Signature” golf course has been enjoyed by golfers for some years even though the proposed clubhouse and other facilities never materialised after constructor Polaris World got into financial difficulties well over 10 years ago.

The course itself is quite long at 6,884 metres, with 5 large lakes and 116 bunkers, and is appreciated by golfers of all abilities as part of the Condado de Alhama resort, situated within easy reach via motorway connections of Murcia city, Cartagena, Mazarrón and Corvera airport.

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