Ever wonder how hospitality insiders determine the next “it” travel destination? They follow the yachts! In the world of luxury travel, yachting marinas have also emerged as prime hubs for investors. These exclusive locales attract affluent clientele thanks to their stunning backdrops, pristine beaches, and luxury maritime experiences. As such, hospitality and real estate investors are building these regions into prominent destinations.
Here is a short round-up of emerging yachting enclaves attracting consumer buzz and investment alike:
Porto Montenegro
Located on the UNESCO-protected Bay of Kotor, Porto Montenegro is being transformed into the Mediterranean's leading yacht home port and marina village, positioning the coastal area as a hub for luxury marine, residential, and travel investment.
Porto Montenegro is the first platinum-rated marina of its kind, featuring a 480-berth superyacht marina, the five-star Regent Porto Montenegro Hotel and premium residences, international fashion boutiques, and a vibrant dining scene. Thanks to its 280 days of sunshine each year and a 185-mile coastline, Porto Montenegro is a year-round haven for captains and crew seeking unparalleled luxury.
The Athenian Riviera
Spanning about 37 miles along the coastline, the Athenian Riviera boasts crystal clear waters, sun-soaked beaches, and numerous fishing harbors, nightclubs, water sports clubs, restaurants, and even outdoor cinemas – all of which make it the perfect spot to dock a yacht.
One of the newest destinations at the starting point of the Athenian Riveria is The Ellinikon, which seamlessly links the city to the sea. Featuring a 337-berth marina nestled alongside a beachfront promenade and the Marina Hotel, The Ellinikon appeals to visitors seeking a cosmopolitan retreat with views of the Aegean Coast.
Bodrum, Turkey
Situated on Turkey’s southwest Aegean coast, Bodrum is known for its glittering beaches, culinary offerings, wineries, nightlife, rich history and boutique hotels. Bodrum has become a prime yachting destination and luxury escape within Europe. This has spurred new developments in the region, including BLG Capital’s BodrumBodrum, an exclusive residential project located in Yalikavak Tilkicik Bay.
BodrumBodrum comprises a total of 215,00 square-feet. The development features 80 luxury residences, a private beach, social areas, a fitness center, café, water spray grounds, recreation areas, and a private boat dock. All residences feature private balconies/terraces, offering views of the sea. BodrumBodrum is a haven of natural beauty; it combines seclusion and lively energy. Its distinctive architectural design blends wood and stone.