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New York City NYC
August 21, 2017

A Monthly Rental in NYC or a Day in Ibiza?

Life is pretty good if you can own a 55 meter-long yacht and sail around the world, but traveling from port to port isn’t for everyone. Another great option? Chilling on your elegant boat any time, enjoying cocktails and the ocean breeze with your friends without leaving the dock. To help you decide among some the world’s most luxurious places to park your yacht, Engel & Völkers Yachting recently ranked the 10 most expensive marinas in Europe, based on the average daily mooring fee for a 55-meter yacht during high season.

Spain’s Ibiza Magna topped the list as the most expensive marina in the ranking, at 3,025 Euros per day – about the average monthly rent for a one bedroom apartment in Manhattan. Coming in at second, third and fourth place, Italy’s impressive Marina Grande, Marina di Porto Cervo and Marina di Portofino.

According to Anissa Mediouni, CEO of Engel & Völkers Yachting, “factors such as the location of the marina, high demand and limited capacity all influence the amount of the mooring fee.” For instance, the exclusive Marina di Portofino has capacity for only 16 berths. Another factor is the limited number of moorings for over yachts of over 50 meters, which increases the desirability of these world-class marinas.

Costs outside of the basic mooring fee for provisions such as electricity, water or refueling can also vary widely across locations.

Of all marinas ranked, the Croatian marina ACI Marina Split and Italian marina Marina di Porto Cervo experienced the largest average price increase over 2016. For both marinas, the daily mooring fee rose by approximately 7%.

Port Hercule in Monte Carlo, the only deepwater marina on the Côte d’Azur and one of the most prestigious marinas in the Mediterranean, also made the ranking with a daily mooring fee of 1,074 euros.