WHY DOES MARINA REAL ESTATE ATTRACT ELITE INVESTORS?
Luxury real estate integrated with marina is always sought after by the super-rich. These Marina Real Estate projects are highly appreciated when both satisfying the owner's yachts hobby and ensuring the potential for profit growth.
The demand for yacht ownership of the elite increases strongly. According to Boat International, yacht sales hit a record in 2021 when it spiked up to 71%. The Marine Manufacturers Association of America (NMMA) also said that in the US alone, there are 415,000 first time yacht buyers in 2021.
Yachts provide a comfortable and private space on the sea, allowing yacht owners and guests to go whenever, wherever they want. That makes the wave of yacht integrated real estate even stronger after the pandemic period as the demand for privacy of the elite increases.
Another reason for the growth of this hobby is the increasing number of rich people. According to a report by Knight Frank, the number of millionaires (counting those with a net worth of at least $30 million) has increased by 9.3%.
It can be said that along with the hobby of collecting supercars and branded goods, yacht is considered an indispensable jewelry which raises the status of the owner. Waterfront real estate (riverside, seaside) with marina is also favored by rich people. They are willing to pay tens of millions of dollars for owning yachts to fulfill their travel and entertainment needs.
Marina Real Estate attracts investors thanks to its price increase potential. Real estates around Victoria harbor (Hong Kong) have the most expensive prices in the world.
In fact, second-homes with marinas meet the dual goals of the rich which have both a luxury villa with luxury yacht parking and a potentially high-yield investment.
WHY DOES MARINA REAL ESTATE ATTRACT ELITE INVESTORS?
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