125m Marina Genova berth for auction

'This is undoubtedly the best deal for a berth anywhere in the history of marina investments. It represents such excellent value for a 125m berth with more than 25 years left on the lease, not only in capital investment but also the returns in potential rental income.

'For example, if acquired for around EUR 1.5–2 million, that works out to the equivalent of EUR 55,000-75,000 per year over the life of the lease – a remarkably low cost for such a large berth.

'To put that in perspective, comparable berths typically rent for EUR 2,000–3,000 per day, or upwards of EUR 730,000 per year if fully occupied. The difference between the low effective annual cost of ownership and the potential rental income highlights just how attractive this investment opportunity is.'

Rupert Nelson, Senior Partner, Senior Sales Broker