New Marinas Overseas

If you are looking to invest early in a new marina development, then this could be the one for you, as the project has just broken ground, and completion is not due until 2011. I understand that Phase One apartments are already being sold off-plan, and with the growth in popularity of Mexico as a tourist destination, this could be a great investement, as well as a beautiful place to be based with your yacht.

So, first of all, where is Ensenada? It is located about 80 miles south of the Mexico - USA border, on the shores of the Pacific Ocean. Alongside mountains, desert and sea, Ensenada offers a warm and wonderful introduction to Mexico. One of the oldest communities on theCalifornia Baja Peninsula, it was first visited by Spanish missionaries in the 17th century. Today it’s a thriving seaport due to its natural deep water port.

Ensenada enjoys wonderful mediterranean weather. The rains come in winter and the dry season is in the summer. In July, day temperatures are warm to midly hot and range from the mid 70’s to the mid 80’s F (22 to 29 oC), with temperatures occassionaly reaching the low 90’s. The local currency is US dollars and with its close proximity to the border, is extremely popular with American tourists.

Construction in the deep water marina is expected to start in 2008, with the opening planned for 12 months later in the summer of 2009. The first pahse of the $450 million development now underway. On completion the development will consist of five residential towers, all with sea or marina views, and mainly 2 or three bed condos, a 65 bed boutique hotel, 17 detached luxury villas, and a 284 slip marina capable of taking yachts up to 400 feet in length. A spa and yacht club are also planned by the developer, Meridian Development Group.

Now one intersting aspect of this new marina development is the ownership of the condos. Whilst they are for sale on a leashold basis, with prices at around $700,000, the company is also offering many of these units on a 6 week fractional ownership basis, allowing buyers the opportunity to use the units as holiday homes, but without all the additional expenses. In addition ( and great for boat owners ) the fractional ownership will also include the use of 74ft yacht! - so the best of both worlds. Enjoy 6 weeks of holiday throughout the year, and the use of the yacht, without all the running costs and expense that we all know and love!!!

It sounds like a great idea to me, so well worth a look. If you need any further details, please just drop me a line and I can provide all the contact details etc.

Lying at the North-Eastern part of the Arabian Peninsula, the UAE or United Arab Emirates is bordered by Saudia Arabia to the South and West, and Oman to the East and North. The UAE is made up of severn different emirates of which Dubai is the second largest. Golden beaches dot the country’s coastline of which almost 70 miles sit on the Gulf of Oman.Dubai’s growth over the last 50 years has been extraordinary, and it is sometimes hard to imagine the transformation from an undeveloped town, to it’s current position as a gem in the tourist itinerary. From the latest developements of The Palm, and The World, everything is done on a vast and lavish scale. The Palm island alone has doubled Dubai’s coastline. Being virtually tax free, the country attracts visitors and expats like a magnet, and the affluence and sheer opulence are hard to ignore.

Dubai, has a sub tropical and arid climate, and sunny blue skies and high temperatures are the norm for most of the year. In high summer temperatures can soar into the mid 40’s and when combined with humidity of almost 100%, can make the days almost unbearable although everything and everywhere is air conditioned!

Dubai Marina’s sheer scale and class make it one of the Gulf’s most ambitious building projects to date. Among the world’s largest maritime development projects, Dubai Marina will eventually comprise over 50 towers and provide retail and leisure facilities and luxury residential accommodation. The marina stretches from the Dubai International Marine Club to beyond the Sheraton Jumeirah, spanning an area of some 2.8 million m2. Situated west of the city, it forms a 3.5km marina basin from the coast with an 11km marine frontage.

The latest in a long line of major waterfront projects the new marina is now almost complete, and due to be finished in 2009. Like many other things in Dubai, the marina is man made and lies at the heart of a cosmopolitan district known as ‘New Dubai’, where urban chic meets a home on the waterfront. The marina’s neighbours include Dubai Internet City and Dubai Media City, where most of the world’s largest blue chip companies are based, and it is also very close to Jebel Ali Free Zone, providing tax free shopping.

The marina itself has over 700 berths and when added to those at The Palm and The World combine to provide a staggering 30,000 berths for yachts and boats of all shapes and sizes. This truly is a marina capital of the world!

With over 50 glass towers planned and currently under construction, there is a vast array of property available, most with great sea or marina views. Apartments are available in abundance along with a dazzling array of sumptuous villas. As you would expect all the apartments have fully serviced spa facilities within the tower complex, along with swimming pools and gym facilities. Whilst prices are not cheap, the quality of finishes and attention to detail is second to none.

Getting there is easy, with international links to all the major hubs, and with tax free shopping, and great winter sun, the destination is a must at some point in your travels.