With the ever decreasing supply of marina berths in South Florida and further restrictions by the Corps of Engineers, along with the Department of Environmental Protection and local interest groups aiming to keep it that way, the opportunity to rent or own safe, luxury dock space is an issue for large and mid sized yacht owners alike.
Homes are now being purchased solely on the basis of available dockage. Condominium owners who wish to own a substantial yacht are obliged to rent a dock at ever increasing expense. The ability to purchase a dock outright is extremely rare, hence the exceptional situation we can offer you at The Waterways Marina.
Investing in alternative property
Feb 21st 2015 | From the print edition of The Economist
"JUST an hour southwest of London, in the upper reaches of the Hamble River, hundreds of little masts gently bob up and down in Swanwick marina. “You’ve got to think of it as a car park on water,” explains Rupert Boissier of Premier Marinas, which looks after this and seven other marinas dotted along the south coast, Britain’s sailing mecca.
With 5,170 berths, each rented out for several thousand pounds a year, the group of marinas generates lots of cash. The most attractive aspect of the investment, according to Marcus Sperber of BlackRock, is the finite supply of coastline and building permits: only two marinas have been built on Britain’s south coast over the past 15 years.
BlackRock, which manages $23 billion of property around the world, is better known for buying offices in New York than marinas in Hampshire. But as capital has flooded into property in search of decent yields, the obvious investments are starting to look relatively expensive again. Hence the hunt for “alternative properties” such as Swanwick marina."
OWN YOUR BOAT SLIP AND BENEFIT FROM THE APPRECIATION IN ASSET VALUE ALONG WITH PERSONAL USE OR RENTAL INCOME.