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Florida Marina Slip Sells For $4 Million

by Deidre Woollard (RSS feed) —

Filed under: Water


Part of the expense of a yacht isn't just the initial output it's also the upkeep and the all important slip. But finding the right slip can get pretty expensive especially for megayachts. Recently a megayacht slip sold for a record $4 million at Key Largo's Ocean Reef Club. The $4 million slip on the T-Dock can accommodate yachts up to 165 feet in length. The new sale price is double the previous record sale at Ocean Reef for $2 million. Considering how in the tank Florida real estate has been recently that's a pretty amazing figure.

Ocean Reef Club's 175-slip marina has 24-hour security and is located near the Gulf Stream and North America's only living coral reef. The posh club has a variety of condos and home for sale for prices that sail up to over $20 million. The private community offers amenities like a private air strip, two championship golf courses, medical center, academy, chapel, cultural center and five restaurants. More slips as well as homes are listed through Russell Post Properties.

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Tags: florida, key largo, KeyLargo, marina, ocean reef club, OceanReefClub

Fifth Avenue Landing: San Diego's New Home For Megayachts

by Deidre Woollard (RSS feed) —

Filed under: Water

5th avenue landing san diego
San Diego is hoping that when you dock on the West Coast you'll want to pull your yacht into Fifth Avenue Landing. The 12-slip facility welcomes yachts between 65 and 300 feet. It is located near the San Diego Convention Center and offers concierge service, wireless internet connection, parking and controlled access. The marina is part of San Diego's bid to become the boating capital of the West. There are several other marinas in the area including Kona Kai Marina and Shelter Island Marina. The San Diego Superyacht Association was formed in 2008 to bring together the city's leading marine businesses and cater to the megayacht market. The 225 ft Feadship megayacht Attessa already spent several weeks at the facility this year.

[via SYNFO]

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Tags: fifth avenue landing, FifthAvenueLanding, marina, megayacht, san diego, SanDiego

Mega-Yacht Marina Planned For British Columbia

by Deidre Woollard (RSS feed) —

Filed under: Water, Real Estate Developments


British Columbia's waterfront condo market is booming but I hadn't considered that the ample waterfront space might also be a spot for luxury yachts. The Vancouver Sun reports on the proposed mega-yacht marina which is scheduled for Victoria in 2009. The planned $20-million, 48-berth marina at Songhees would attract larger yachts ranging from 65 to 140 feet long and is designed to offer a permanent place for these larger yachts. The marina will be located at the entrance to the Victoria Harbour and will consist of two symmetrical one-story buildings that will sit at either side of a 46-slip marina. The architecture of the buildings will mimic the look of a yacht setting out to sea, with sweeping bows, squared off sterns, and solid stainless steel rigging. From above, the view of the rooflines will look like a stylized yacht propeller. In addition to the Yacht Club facilities, the marina buildings will also include a public restaurant and lounge, the Harbour Heritage Coffee House, as well as a supplier of marine provisions and a yachting concierge marine management center.

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Tags: british columbia, harbor, marina, victoria

Newport Club Will Be New England's Largest Marina

by Deidre Woollard (RSS feed) —

Filed under: Estates, Water

Plans have been announced for New England's largest marina, The Newport Club in Rhode Island. The Newport Club covers 44.5 acres of waterfront property on Aquidneck Island, plus 100 acres out into the cove itself. There will be 1,500 marina slips with retail shops, restaurants, waterfront residences, and marine-related support facilities. The slips will range up to 500 feet in hopes of drawing more megayacht traffic to the area. The Newport Club will feature resort style residences ranging from $395,000 to $2,000,000 and there are plans to build brand-name luxury hotels to create a popular yachting destination.

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Tags: marina, megayacht, new england, newportclub, yachting

New Marina Development Planned For St. Kitts

by Deidre Woollard (RSS feed) —

Filed under: Journeys, Water


The latest Caribbean island to get a marina big enough to accommodate today's megayachts will be St. Kitts. A new 2,500-acre resort development with a marina that can berth up to 300 feet in length will be installed at Christophe Harbor. The development is being created by developer Kiawah Development Partners, Mandarin Oriental Hotel Group, and will include a Tom Fazio-designed golf course, a pair of five-star hotels (an Auberge resort and a Mandarin Oriental), retail and restaurants and residence opportunities. The marina will pamper yacht owners with laundry, wi-fi, access to a heliport, in-slip services and access to the hotels' amenities. There will also be harborside condominiums for sale. The developers promise that the eco-friendly design of marina will preserve the shoreline, water and coral reefs of the area. The development should be completed in 2010.

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Tags: auberge, caribbean, developent, hotel, mandarin oriental, marina, st kitts, StKitts

Ara Macao, Belize's Big New Resort

by Deidre Woollard (RSS feed) —

Filed under: Estates

The latest Belize resort is the massive Ara Macao Resort and Marina project. The project is a 582-acre planned community on the Placencia coastline. It will include a golf course, hotel, condominiums, villa, a large marina, restaurants and a casino. The resort has opened a Charter Member program that offers the next 50 purchasers a five-day trip to Belize. Prices for condo units start in the low $400,000s.

There has been some concern over the project's grand scale but an interview with developer Paul Goguen says that Ara Macao is only a quarter of the new development planned for the area. He also says that the project will bring much-needed infrastructure to the area and is turning swamp land into a producing asset for the Belize government through taxes and jobs.

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Tags: ara macao, belize, development, marina

Chub Cay Marina and Resort

by Deidre Woollard (RSS feed) —

Filed under: Water


Yacht owners and other vacationers will soon have a newly improved place to play in the Bahamas. Construction is proceeding briskly at the Chub Cay Marina & Resort in the Bahamas. They are officially opening their marina on June 15. The marina used to hold 96 yachts but recently underwent a renovation that included a dredging of the entire marina and channel and the installation of state-of-the-art concrete floating docks. Eventually the Marina will include over 200 slips and will accommodate yachts up to 200' making it the largest megayacht marina in the Bahamas.

The marina isn't the only development, 57 private villas and a 20,000-square-foot clubhouse are also being built as part of phase one of construction. The developers are committed to not overdeveloping the idyllic island and keeping it as a paradise for boaters and fishermen. The villas are priced from $825,000 to $2.5 million.

[via BYM News]

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Tags: bahamas, chub cay, ChubCay, marina, megayacht

Barama Bay Island

by Deidre Woollard (RSS feed) —

Filed under: Estates, Journeys, Water

The next exclusive place to play may be Barama Bay Island. The tropical paradise is located off the east coast of Phuket, Thailand and will become a new resort that will include a six-star hotel, yacht club and private estates. The island can be reached by water taxi or helicopter. The island has a no-car policy (electric carts only) and will have a deep water marina for mooring larger yachts. The hotel will include multiple pools and a large spa. The entire project is set to be completed in early 2009 and prices start at $3 million for an 8,000 square foot villa set on a one acre plot.

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Tags: barama bay, BaramaBay, developments, hotel, marina, phuket, thailand, yachts

Marina Genova Aeroporto

by Deidre Woollard (RSS feed) —

Filed under: Water

As Matt pointed out yesterday, it's a great time to be a yacht owner, there are so many lovely places to play. For those looking for a new place to berth in Italy there is the Marina Genova Aeroporto. Marina Genova Aeroporto is located in Sestri Ponente, a short hop from Genoa, Italy. The port which will be officially opened  in December 2006, will be home to up to 1000 boats up to 230 feet. The port will include a large amount of parking spaces, private garages, boathouses and private parking on the docks for some customers. There will be a complete repair facility and a clubhouse with accommodations, restaurants, shops and other services. There is also an apartment complex with private berths. According to a recent article on the new marine superports, the International Herald Tribune reported that the cost of the larger ports is $3.1 million for a 45-year term.

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Tags: berths, genoa, italy, marina, marina genova aeroporto, MarinaGenovaAeroporto, mediterranean, port, yacht

Phuket's Marina Boom

by Deidre Woollard (RSS feed) —

Filed under: Water

The International Herald Tribune has a piece on the Royal Phuket Marina in Phuket, Thailand. The marina is a booming development that offers homes with their own yacht berths.  The marina covers nearly 75 acres and the first phase of the development has all but sold out. Despite the tsunami, interest in the area is still strong. The Royal Phuket Marina is just one of three marinas in the area. Boat Lagoon was the first and Yacht Haven is located on the north end of the area where a deeper channel makes for larger yachts. According to the article, the Thai government is doing their best to help growth in this sector along. Thailand used to charge imported yachts a heavy fee if they stayed in Thai waters longer than six months and laws regarding boat ownership and a requirement that any boat must have a Thai captain are under review. Other developments with a marine focus are also planned for the Phuket area including the Paradise Bay Marina Resort at Cape Yamu which will have mooring for 500 yachts.  There is some concern that all this building could lead to an oversupply of berths in the area in a few years but if the yacht business in that part of the world continues its rapid growth it shouldn't be a problem. 

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Tags: boats, marina, phuket, thailand, yacht berth, yachts



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