22/11/2014 00:00
Palma.—A group of Swiss and Germany investors have bought Golf Andratx which had been suffering some financiial problems.
The new owners have ambitious plans including creating a school which will offer free golf lessons for children and spending two million euros annually between 2015 and 2017 on improving and up-grading the facilities.
At the moment the golf course has a turnover of about 22,000 euros per years in green fees but the new owners want to raise this figure to 30,000 euros.
The majority of the clients at the golf course are visiting German tourists and residents. The new owners also want to open the course to all nationalities.
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