Greek Parliament Approves €50M Mega Yacht Marina Project for Corfu

• 14 November, 25

The “Pearl of the Ionian Sea” — Corfu — is entering a new chapter in luxury marine tourism.

The Hellenic Parliament has officially approved a €50 million investment for the construction of a state-of-the-art superyacht marina, positioning Corfu among the Mediterranean’s premier luxury nautical destinations.

The new marina will be developed as a modern tourist port capable of accommodating around 400 yachts, including superyachts up to 140 meters in length.

Spanning 39,400 square meters, the project will feature a commercial promenade, restaurants and cafés, a boutique hotel, parking facilities, and public green spaces.

Greek Minister of Shipping Vassilis Kikilias stated: “The new Corfu marina will redefine the landscape of marine tourism across the Ionian Sea.”

The project is expected to create hundreds of new jobs and generate growth across related sectors including maritime services, hospitality, retail, and transportation.

According to the Ministry of Shipping, the marina is projected to bring €80 million in total revenue to the state during its concession period.

Deputy Minister Stefanos Gkikas added: “The construction of the marina will strictly follow sustainable principles, focusing on energy efficiency and environmental protection — setting a new benchmark for Greece’s green ports.”

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In northern Corfu, along the golden shores of the Ionian Sea, the Acharavi Beach Hotel by Mercan Group combines natural beauty with architectural elegance to create a high-end beachfront retreat.

This 4-star seafront resort under the Wyndham Hotels & Resorts brand offers modern rooms, swimming pools, a spa, restaurants, family amenities, and sports areas, blending international hospitality standards with Corfu’s authentic coastal charm.

A New Model for Mediterranean Luxury and Sustainability

From the government-backed green port strategy to international investments in upscale resorts, Corfu is rapidly transforming into a strategic hub for high-end marine tourism in Europe.

Its prime location, natural splendor, and rich cultural heritage make it a magnet for global travelers and investors alike.

The completion of the superyacht marina will attract international cruise routes and private yachts, aligning with Greece’s national strategy to establish itself as a leading sustainable luxury marine tourism destination.

Amid the shimmering waters of the Ionian Sea, Corfu is ready to embrace the world — with elegance, innovation, and sustainability at its core.

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Cre: Greek Travel Pages