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OneOcean Port Vell sells 160m berth

OneOcean Port Vell, the Barcelonan marina, has completed the long-lease sale of its 160m berth on the marina's Spanish Quay…

Following the well documented 100m investment in OneOcean Port Vell, the Barcelonan marina, by its parent company, the UK-based Salamanca Group, the marina has today announced the long-lease sale of its 160m berth on the marina’s Spanish Quay. At 440m Spanish Quay is the largest fixed superyacht berth in the world and is capable of housing the globes largest yachts.

“Our decision to increase berth capacity at OneOcean Port Vell was driven by the escalating demand we have received for secure space in a location that owners enjoy,” comments Martin Bellamny, chairman of OneOcean. “We believe that this berth sale is evidence of the strength of Barcelona as a superyacht destination and the trend towards more superyachts choosing to homeport in the Mediterranean.”

The 20-year lease allows the new owner to use the berth as little or as much as they so desire until 2036 with various options to sublet the real estate or offer it to friends, family or business partners included.

“Barcelona is such an up and coming area and the sale of this berth shows that owners want to be here,” explains Paul Cook, general manager of OneOcean Port Vell. “We have had another superb winter with Barcelona becoming a choice destination for wintering. However, we have also had a brilliant summer with a 3623 per cent increase in the number of days that 100m-plus vessels have spent here. OneOcean Port Vell is increasingly becoming a 365 [day] marina.”

As well as the marina’s destination and facilities, Cook cites the marina’s servicing ability as a central element to its homeporting success. Unlike many of the marina’s in the Mediterranean, OneOcean Port Vell is able to temporarily import non-EU flagged, non-EU owned and non-VAT paid vessels for small VAT-free maintenance tasks, while only charging a small yearly €100 administration fee for the subcontractors to be onsite.

“The phone has almost not stopped ringing since word of the sale has got out and we feel like this sale will serve as a catalyst for the sale of our remaining long-lease berths,” continues Cook. “We’ve only got 215m left of long-lease real estate and already have four interested parties, with one provisional contract having been sent out. I strongly believe that these spaces will go within the month.”

Cook concludes by explaining that the Salamanca Group is persistently on the lookout for fresh business opportunities in the superyacht sector and that there will be more to come.

 

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