Benefits to owners and their yachts.
Malta’s position at the centre of the Mediterranean makes it a very practical launch pad for itineraries throughout Europe. With Italy, Sardinia, Croatia, Greece and the South of France, the main ports of call of the Mediterranean are all within two days’ cruising.
Malta is also home to a complete technical and dockyard offering. The Palumbo dockyard is less than a kilometre from Grand Harbour Marina in the adjacent creek, with a 160m dry dock; while the island itself has a full network of marine professionals and suppliers. The marina team will happily assist in sourcing appropriate and recommended service providers.
David Westwood, MD of service and support agency Yacht Help Limited says: “There’s a very strong local skill set of subcontractors in Malta. The island offers a rare combination of extensive shipyards and some of the largest dry docks and slipping facilities in the Med, with some of the lowest labour rates in Europe.” It’s small wonder that Megayachts like Indian Empress and Samax have chosen to have their recent refits here.
Located in the historic Grand Harbour, bordered by the 3 cities and Fort St Angelo, with many buildings dating to the 16th century and earlier, the marina really does provide a beautiful home to any vessel. The historic city of Valletta is a UNESCO world heritage site and always provides a stunning backdrop. Malta provides the perfect mix of fascinating heritage and culture combined with contemporary resources, including provisioning opportunities and restaurant choice.
The ISPS marina offers superb value to clients too, materially less expensive than most equivalent marinas even though the value of berths has increased from €500 per square meter pre opening to €2,250 today. Ownership of a superyacht marina berth is the natural complement to ownership of the vessel itself. Furthermore, it satisfies the robust criteria that are normally applied to any capital investment including the possibility of rental income from the sub-leasing of the berth. For further details on berth ownership with Camper & Nicholsons please visit our Berth Ownership pages.
Add to all of the above, the weather – one of the best climates in the world with 300 days of sunshine a year – reliable English-speaking agents, and much, much more, it is no surprise that this small island is gaining a reputation as the ideal layover and winter berthing destination.