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Berth News

Berth lease rental pool generates 85% return for owners

Porto Montenegro is one of the few marinas in the Mediterranean which can offer long-term berthing options. With leases available from 10 up to 30 years, not only do owners and captains have the reassurance of a guaranteed berth spot all year-round, but the Porto Montenegro rental pool also generates an 85% revenue from sub-leasing.

This revenue is generated regardless of whether an individual’s berth is populated at that time, ensuring there is a guaranteed financial return for the owner. Long term lease owners, can also re-sell the berth lease at any time to benefit from Montenegro’s rapidly growing economy.

Montenegro is the 2nd fastest-growing travel and tourism economy in the world, boasting a predicted annual travel and tourism GDP growth rate of 8.8% annually over the next 10 years. Combined with its natural splendour and proximity to over 6000 islands in Croatia and Greece, it is the ideal homeport destination yet remains relatively undiscovered.

“There is an apparent berth shortage in the Mediterranean which is only becoming exasperated by more yachts entering the circuit each year. We are finding more people looking at long-term leases which, also benefitting from Montenegro’s outside EU status, presents a convenient, secure and financially sound solution to the problem,” explains Nizar Tagi, Marina Sales Director.

Throughout the Cannes, Southampton and Monaco boat shows this September, Porto Montenegro is offering an exclusive opportunity for those who register their interest in a long term lease to sample the marina’s state-of-the-art facilities. Within 60 days of their registration, interested superyachts (over 30m) are invited to try out the marina for up to one month on a complimentary berth basis until May 1st 2015.

For more information on the benefits of a long-term lease with Porto Montenegro, visit the team at the following shows this September:

Cannes Boat Show, 9th – 14th Sep, stand Jetee 153

Southampton Boat Show, 12th – 21st Sep, stand F004

Monaco Yacht Show, 24th to 27th Sep, stand QP65

For further information please contact info@portomontenegro.com