Investment Opportunities
Berths and their Capital increase
The above is due to the vastly growing popularity of the Balearics and the ever-increasing number of privately owned vessels that are using the islands as a permanent base. Berths on the islands have become a finite entity and are on short demand, resulting in a very healthy and consistent market. It also has become apparent that a mooring reaches its optimum value when it equals the same price of the average vessel that will fit in the square meters allocated for that particular berth. Example:15 x 4.50 Meter berth Puerto Portals / Market value: £350.000 Sterling Average 15 Meter Motor cruiser: £300 - £500.000 Sterling Safe and convenient cruising groundsAfter the 11th of September last year the market for larger berths has seemed to become more buoyant than usual, possibly due to the safe cruising grounds that the Western Mediterranean has to offer. Mallorca's Green Government
There will be no further marina / Front line developments in the Balearic Islands due to new strict planning laws which are aggressively reinforced by local officials. The above helps maintain both an exclusive and healthy market. LocationThe "Real Club Nautico de Palma" and the Club de Mar are the fastest moving marinas on the south coast of Mallorca due to their superb facilities and excellent location in relation to Palma centre. The Passeo Maritimo and many other useful locations are within sensible walking distance of the Club, such as the "Porto Pi" shopping Mall and many interesting tourist attractions including the Castello de Bellaire" and many good restaurants. Purchasing a berth in the RCNP and the Club de MarWhen Purchasing a berth in the Real Club Nautico de Palma and the Club de Mar you immediately have to become a member / share holder, which gives you the right to use all of the Clubs facilities which include a swimming pool, Gymnasium, Private parking restaurant and many more amenities. Concession in the RCNP and the Club de Mar
The Club de Mar has a full concession of 19 years left, which will expire in 2021 on the 1st of September. It is probable that on the termination of the concessions a new period of time will be granted at a sensible cost in relation to the current rate of inflation at that time. Security in the RCNP and the Club de MarSecurity in the Clubs is of a very high standard and strictly controlled by stop barriers and mobile security units. Rental IncomeIf a berth is acquired at the correct market value you can expect an annual rental income of between 7 and 10 percent per annum. If you have any further questions on the above, please don't hesitate to contact me on one of the numbers provided below. |
Moorings
in the Balearics are increasing in value at a rate of between 7 and
10 percent per annum.
Mallorca supports Green Government and the last development to have
been built on the island is the new "Port Marina Palma"
which is based on the Paseo Maritimo in Palma centre next to the "Pier
46"
The Real Club Nautico de Palma has a full concession of 22 years left,
which will expire in 2024.