Showing posts with label NAMA. Show all posts
Showing posts with label NAMA. Show all posts

Tuesday, November 8, 2011

Fota Island up for sale


[The par three 7th]

The trouble has been brewing for long enough, and the recent NAMA 'list' included 8 golf courses under their control, of which Fota Island Golf and Spa Resort. It now appears that the most glamorous parkland course in the south is going to put up for sale. It opened in 1993 and has held the Irish Open twice (2001 and 2002), but if NAMA can make money out of it, then it 'makes sense' to try and sell what is a very viable asset... because the resort is trading well, which improves its chances of being snapped up.


[The drive on the par five 18th]

Who'd buy it? With a price estimated around 20 million euro, there should be plenty of buyers, from hungry funds, global hotel chains (it was a Sheraton hotel until September 2009) and the cash rich Chinese - who seem all set to buy Europe.

There's a full piece in the Irish Examiner today: Fota Resort Up For Sale

Sunday, August 7, 2011

Tulfarris too good to go


[Photo: the par five 15th doglegs gently out to the lake.]

It’s funny what you remember about a golf club. The last time I played at Tulfarris – many years ago – I played in an open fourball competition where my original partner didn’t turn up. The stand-in was not up to much and insisted on talking non-stop… during putts and backswings, until I finally lost it and told him to shut up on the 4th tee box. It wasn’t much fun after that as he sulked and I smoldered.

My return visit was under completely different circumstances and I ended up playing early and alone with only the green keepers for company. I expected rain to push me round, but there was none… and I even had one dazzling burst of sunshine – something that always brings a golf course to life.

If you’ve played Tulfarris, probably the first thing you remember is the location. The Blessington Lakes are a beautiful backdrop and there are only a few holes where you can’t see the water. It’s peaceful and wonderfully mature.

It is also a challenging course and if you haven’t played it before then you can easily be fooled into going for shots that you shouldn’t. Take the Index 1, par four 10th: it is one of the toughest holes you will ever play, and unless you can draw a big drive this hole is almost a par five. It is, it has to be said, also one of the most thrilling tee boxes (see photo below) to play from.

[Photo: par four 10th. Aim at the bunker then draw it left.. but not too far. Simple]

‘Course management’ is what Mark at Tulfarris said to me, and that’s for sure… and that’s before you get to the excellent, tricky greens.

There’s a hotel here and a spa, so it’s a good destination for a family break and there are other superb courses roundabout (Rathsallagh, Macreddin, Carlow).

[Photo: views over the 13th green and 14th tee box.]

There is a ‘but’ here, and how you perceive Tulfarris will depend on your feelings towards the whole NAMA situation, as Tulfarris is now a part of this financial fiasco. I understand and appreciate the arguments for and against – and my biggest concern is how clubs in the vicinity are adversely affected by NAMA-supported clubs (e.g. Rathsallagh and South County, which would be competing for the same green fees) – but Tulfarris was established back in 1989, and it has matured into a beautiful parkland track. I don’t know the financial circumstances that saw it lumped into NAMA, but this is not a course that should be lost or ignored – the golf experience is simply too good. And that, after all, is what I am most driven by.