Marbella - The Future

News Date: lunes, 22 de agosto de 2011

Property News in Spain
Spanish Property News

The cosmopolitan city of Marbella remains one of the mostluxurious cities in Spain, a place where every year the rich and famous fromaround the world meet to spend their holidays and enjoy all the delightsoffered by this amazing city. Nearby is the well-known town of Puerto Banus,with its designer shops and opulence - where you can find spectacular yachtsand mansions. Now though, in the not too distant future there will be anotherport that will compete: Port Al Thani inMarbella.

The contract to enlarge Marbella’s La Bajadilla marina hasbeen awarded to Nasir Bin Abdullah & Sons. This temporary consortium (UTE)is headed by Sheikh Abdullah Al-Thani, a member of the Qatari royal family andowner of Malaga FC. With a cost of €84 million this will be the first harbourdevelopment in Andalucía that is funded with both public and private money andam sure with this in mind will be luxury far beyond anything seen before.

The company, specifically formed to bid for the tender,includes Marbella Council as well as Puerto Deportivo Marbella S.A. As well asenlarging the marina over the next four years, the UTE will run theinstallation for 40 years. Not only will the revamped marina provide moreberths for private boats and yachts, but it makes possible Marbella’slong-cherished ambitions of providing anchorage for cruise ships which willmake this destination even more accessible and popular.  The plan is to build a 200-metre pier in theouter part of the marina, connecting directly with the inner harbour, willallow liners to dock and put passengers ashore to spend time visiting thesights and shops of Marbella.

Of course, the luxury trade has not been overlooked and anexclusive pier inside the marina is to be set aside for 26 boats. With afurther 541 berths for private craft, La Bajadilla’s capacity will increasefrom the present 262 to 803. The marina will also provide more moorings forpleasure crafts, the project includes underground parking for 450 vehicles inaddition to 683 parking spaces above ground. In addition, the second phase will include a large commercial zone,luxury apartments, 5* hotel and many retail outlets and restaurants and bars.

With the Marbella Town Hall holding a 3% stake in theproject, the marina is obliged to be ‘emblematic’ in order to attract eliteclientele and is being billed as the most important urban development inMarbella’s history.  This new marina is agreat initiative and it’s a correct decision to create a fresh new landmark forMarbella rather than to simply remodel near-neighbour Puerto Banús.  With the AVE high speed rail link destined tostretch to Marbella in the not too distant future – Port Al Thani willundoubtedly change the face of Marbella.”



Spanish Rental and Property News by News Desk

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