New 68-berth marina opening on Algarve coast
Developer Vilamoura World Group is constructing a new marina at Vilamoura on the Algarve coast.
The group’s owners — a group of investors connected to British fund Arrow Global — say three pontoons with 68 berths will be installed, equipped with the latest technologies to provide first-class facilities, user comfort and environmental sustainability. All 68 berths will be specifically designed for large boats, between 20 and 40 metres, to respond to the fast-growing trend in this sector and to strengthen the destination’s capacity to attract a high net-worth demographic.
Each berth will include multiple features, such as individual waste-water pump-out systems for all the boats, charging points for electric boats and systems for remote monitoring and management of water and electricity consumption.
Work is also underway to explore implementing desalination systems and photovoltaic energy generation for efficient water and electricity supply.
Isolete Correia, administrator of Vilamoura World, says: “This new marina in Vilamoura really sets the destination apart and responds to the growing needs within the market in relation to large boats, which currently pass this part of the coast.”
She adds: “The new marina is also the result of our constant desire to improve the service we provide to our clients. These clients and those that visit and stay in Vilamoura are the real focus of this project and are the ones we work for on a daily basis to provide them with an ever better and more extraordinary experience.”
Arrow Global, which owns Vilamoura World, has announced plans to invest €500m in a “historic relaunch” of the Algarve’s famous resort town Vilamoura.
In a statement to the press issued last year, Arrow Global revealed ‘plans to consolidate ownership of many of Vilamoura’s key assets with the aim of accelerating and coordinating their development, thus reaching a new level of extraordinary.’
Construction of the new marina has begun, and it is expected to be completed before the end of 2024.