Marina de Vilamoura in Portugal’s Algarve has been named International Marina of the Year 2016 by The Yacht Harbour Association (TYHA) at the London Boat Show.
Vilamoura, already a leading international destination, has been awarded the title for the second successive year. The title International Marina of the Year 2016 is as result of the votes of the boat owners that used the Marina. Isolete Correira, Director of Marina de Vilamoura, received the award at the London Boat Show on behalf of Vilamoura World, the Master Developer behind the resort’s €1 Billion transformation.
Isolete Correira, Director of Marina de Vilamoura, comments: “To win the International Marina of the Year Award for the second time in two years is a huge honour and we are absolutely delighted to receive such recognition. This achievement is a testament to the hard work and professionalism of all of our team who manage the marina every day. From 2016, visitors to the marina will see even better facilities, with the launch of a new V-Club for tenants, high speed Wi-Fi, and improvements to the roads around the marina.”
Paul Taylor, President of Vilamoura World, commented: “Vilamoura is already a leading international destination and the marina is central to its appeal. As we move ahead with our Master Plan for the development of the resort, the marina will be the focal point of investment. 2016 will see the arrival of exciting new shops, bars and restaurants along the marina, and plans for our new Yacht Club will take a big step forward.
The development of Vilamoura’s marina forms part of the €1 Billion regeneration based Master Plan, led by Vilamoura World, which will see the construction of over 5,000 properties in Vilamoura over the next ten years. The Master Plan comprises a fully approved low density gross construction area of 680,000 sqm in a total development area of 4,000,000 sqm. 18 development projects are available to developers for construction with development areas ranging between 1.5 hectares and 168 hectares, which will accommodate a mixture of residential, leisure, tourism and retail uses. All projects are ready for sale with banking partners led by Santander who are ready to provide construction finance to support investors.