Investment project in Livorno, Italy, 200 000 m²

Investment Opportunity: Marina in Tuscany – Majority Ownership of 215 Berths

This proposal offers the acquisition of a majority stake in a recently built tourist marina located in the heart of Tuscany, through a structured NPL transaction. With a book value of €28M and a confirmed purchase price of €13M, the investment includes 215 berths—representing over 58% of total millesimal shares—providing immediate control of the asset and its governance. The marina, constructed entirely in reinforced concrete just 12 years ago, requires only routine maintenance, supported by an in-house technical team already appointed by the Court.

This rare opportunity grants full ownership of all available berths, generating current yields above 7% and strong upside potential through optimized management. A conservative projection estimates a 50% capital appreciation within 60 months, with an additional uplift anticipated following the redevelopment of adjacent areas.

Strategic benefits include attractive financial returns, operational continuity ensured by legal and accounting professionals, strong political support, and the ability to streamline port operations without disruption. The investment is time-sensitive, as individual berth sales may begin shortly; a conditional offer would secure exclusivity while allowing adequate time for due diligence.

A second, separate opportunity involves acquiring a 160,000 sqm development area (55,000 sqm buildable) approved for a 5-star hotel, apartments, retail, and sports facilities—an additional value enhancer to be pursued once the marina transaction is secured.

Further documentation, including berth lists, revenue summaries, and construction records, is available. The transfer will be completed free of any liens or encumbrances.