ShowBoats International — April 2017

EDITED BY: Sophia Wlson APRIL 2017

PROPERTY

THE MED MARKET: MYKONOS, MONTENEGRO, BARCELONA, IBIZA & ST-TROPEZ

Summer

breeze

The Mediterranean’s

superyacht stop-offs offer

a safe haven from political

storms – and the most

glamorous pieds-à-terre

in the world, says

Francesca Steele

urope had a volatile

2016, with Britain’s

decision to leave the

European Union and

several terrorist attacks causing

uncertainty across multiple

sectors, including real estate.

But the continent’s jet-set party

hubs are still thriving.

Importantly, there is large

scale investment and new

developments are being built,

but not so many that prices

are expected to stall. From the

opening of restaurants such

as Hakkasan’s Ling Ling on

Mykonos to the new Portonovi

marina in Montenegro, realtors

are crediting “facilities” as a

deciding factor behind

a destination’s property power.

Barcelona’s influx of high

end amenities and recently

refurbished superyacht

marina OneOcean Port Vell

is a powerful example of this,

Montenegro is hoping to attract

billions in investment over the

next five years, while Ibiza also

has an emerging super prime

market. Here is the lowdown

on the best the Mediterranean

has to offer...

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Special International Property, 1