TEMES SA, the development company of Costa Navarino, has entered into a partnership with Consillium SA, a private investment firm based in the Czech Republic, aiming to further develop golf tourism at Costa Navarino in the area of Messinia.
According to an announcement, this is a 50/50 partnership agreement between TEMES’ subsidiary Panorama SA and Consiltech SA, an investment company managed by Consillium. The agreement involves the development and operation of Navarino Hills, as well as for the operation of the The Dunes Course golf course.
Aiming to further enhance Costa Navarino’s position among the world’s top golf destinations, the group recently announced the creation of two new golf courses in Navarino Hills, designed by two-time Masters champion and Ryder Cup legend José María Olazábal.
“With the addition of the new courses, Costa Navarino will count a total of four golf courses located at a distance of 13 km away from one another, making it one of the few high-quality golf destinations in the world,” TEMES said.
Consillium is a family office founded by Czech entrepreneur Tomáš Němec, who has had a successful business carrier of over 35 years. The company is active in many sectors including sports. Among its strategic partners is Austrian ski manufacturer Kästle.
“The new partnership with Consillium will also increase the number of golf travelers from the Czech Republic, a country where golf is very popular, with more than 100 courses currently in operation. Furthermore, it creates the potential for more synergies with neighboring Austria, one of Europe’s key markets in golf tourism,” the announcement said.
“The two partners share the same long-term vision for the sustainable development of Costa Navarino and the region of Messinia, and strongly believe that golf can become a tool for the promotion of Costa Navarino as an ideal destination all year round.”
Costa Navarino currently includes two golf courses, The Dunes Course and The Bay Course, as well as two luxury hotels, The Westin Resort Costa Navarino and The Romanos, a Luxury Collection Resort; private residences; five-star services and facilities.