Berth BDA0307 Marina Baie des Anges - 28 m x 8 m | MooringSpot

Berth BDA0307 Marina Baie des Anges - 28 m x 8 m

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Berth Marina Baie des Anges - 28 m x 8 m
Dimensions :
Length: 28 m
Width: 8 m
Lease Expiry on: 31/12/2020
Price : 189,000€

28 metre berth with ample width for beamier yachts. With a 4 year lease, this berth is ideally located in Marina Baie des Anges' yacht quay. Secure parking on the quay. Contact us for more information....

Contact

Company: Zen Yachting
Name: Jo Long
Phone: +33 (0)6 24 44 08 09

Geographic and practical specifications

Power Supplied: 220-380 V / 16 A - 63 A. Included in the berth-holders' annual service charges. Contact us or the Port Office for additional information.
Water Supplied: Fresh water accessible on all of the marina's berths. A fee for the water consumption is included in the shareholder's annual service charges.
Parking rates: Information temporarily unavailable
Location: Quay des Grands Yachts
Orientation: 045°
Parking Included: No. Parking is free on the marina's Quai d'Honneur, where the shops and restaurants are located. The areas next to the shipyard and the glass Biovimer building are secured by barriers. Parking is charged by the hour in these areas.
Allocated Parking Space: None
Berth on GoogleMap

General Mooring Specifications

Dimensions
Length: 28 m
width: 8 m
Tolerated Dimensions
Maximum Length: 30.24 m
Maximum Width: 7.8 m
Estimated Depth: 3,5 m
Type of berth : Stern to.
Mooring facilities: Two bollards or rings on the dock + one mooring line
Berth number: Contact the advertiser

Legal and Administrative Information

Lease Expiry on: 31-12-2020
Name of the Leaseholding Company: SA du Port Privé de Marina Baie des Anges
Berth number: Contact the advertiser
Number of Shares for this berth: 549
Complementary information on the acquisition process: The procedure consists in the acquisition of a group of shares of the SAPP and the approval of the subsequent request to become Sous-amodiataire (i.e. long term beneficiary of the berth) by the Mayor. This request can only be submitted to the Mayor by the port's administration. Once a seller and a buyer have reached an agreement, they must contact the port's administration so that the buyer presents himself or herself to the port, so that the seller may pay whatever outstanding service charges there may be on his/her account, and so that all parties can make an appointment to register the new shareholder and begin the procedure to grant the new marina shareholder his/her new status as sous-amodiataire approved by the port's president and the Mayor of Villeneuve-Loubet (representing France).

Price and Financial details

Price : 189,000€
Annual Service Charges: 7 536,34 €
Explanation: As per the bylaws of the SAPP, shareholders must pay annual service charges, proportionally to the number of shares they own. These service charges constitute the annual maintenance budget of the port and its infrastructures. They are paid twice a year. When a shareholder sells his shares, the service charges he/she has paid for ongoing year are refunded on a pro rata temporis basis.
Administration Fee: 1 000 € for Physical Entities. 1 500 € for Moral Entities (paid by the Buyer only)
Explanation: This fee is to be paid to the Port's Administration for registering the transfer of shares, for registering the new shareholder and for submitting his/her request to become Sous-Amodiataire.
Additional Costs or Fees: 2,151 € Security Deposit + 5.806 % Registration Tax paid to the French Treasury.
Explanation: The Port's Administration requires that each new shareholder pay a Security Deposit, as per Article III of the Port's Internal Rules and bylaws. This deposit is returned when the shareholder sells his/her shares. The Registration Right is a tax (5.6%) applicable to the sale of social rights such as the shares being transfered in berth sales and related transactions. To facilitate its payment, the SAPP collects this tax from its new shareholders and ensures that it is paid to the Cagnes-sur-Mer tax authorities.
High Season Rental Rate /day (ex VAT): 143,81 €
High Season Rental Rate /month (ex VAT): 3 459,87 €
Mid Season Rental Rate /day (ex VAT): 97,83 €
Mid Season Rental Rate /month (ex VAT): 2 346,15 €
Low Season Rental Rate /day (ex VAT): 81,10 €
Low Season Rental Rate /month (ex VAT): 1 954,85 €
Projected income over the time remaining on the lease: 152 991,55 €
Explanation: This is an estimation of the projected revenue generated from renting out a berth on a monthly basis, multiplied by the number of years left on the lease.
Berth Rental Value: 179 990,06 €
Berth Return on Investment Value: Currently unavailable
Berth Use Value: Currently unavailable
Comment : The Port's Administration has exclusivity over the management of berth rentals. Therefore all rentals in Marina Baie des Anges can only take place by contacting the Port Office (Capitainerie).
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