Demetris Ashiotis and Minthis’s €6m plan: what resort-home buyers should ask

Minthis’s 29 October 2026 announcement quotes Managing Director Demetris Ashiotis on a €6 million golf and clubhouse improvement programme. The main clubhouse phase is scheduled for January–June 2027. For someone considering a resort home, the question is how planned facilities relate to the rights and costs attached to the property.

The place and the proposed work

The resort’s official contact page locates it in Tsada, Paphos. The improvement announcement concerns irrigation, bunkers and the clubhouse. It is a programme announcement, not confirmation that the main clubhouse phase has been completed.

Minthis · 2026-10-31

An attractive amenity is not the same as an included amenity

Before adding value to a home because of nearby leisure facilities, establish exactly what the buyer can use. Proximity, membership, guest access and charges are separate questions. The answers should come from the relevant sales and operating documents.

• Ask whether facility access is included with ownership, separately purchased or subject to membership.
• Request current charges and how changes to them are communicated.
• Check the planned works calendar and any temporary access restrictions affecting your intended stay.
• Ask which promised facilities form part of the property contract and which remain separately operated services.

How to assess the potential benefit

Improved facilities may make a destination more appealing to some residents or guests. That is a possible mechanism, not proof of a rise in resale prices or achieved rents. Test any claimed premium against comparable homes and actual access terms.

If rental income is part of your plan, examine the management agreement, owner-use restrictions and operating costs separately. An improvement budget tells you about planned spending; it does not tell you the net income of your particular home.

Minthis · 2026-10-29

Read more

Explore more market analysis and practical property guides in the Lebanon Property journal.

Prepared by Lebanon Property on 31 October 2026. Source dates and data periods are stated above. Practical implications are editorial analysis, not a valuation, individual legal or credit advice, or a guarantee of prices or returns.