IGY Ibiza Marina has recently completed a major redevelopment project aimed at enhancing its infrastructure and services for superyachts. The marina, operated by Ocean Capital Partners (OCP), Grupo Empresas Matutes, and Island Global Yachting (IGY), has officially unveiled its upgraded facilities following extensive works that commenced in November 2024.
The project involved a comprehensive overhaul of both land-based and marine infrastructure. A new facility has been built to accommodate vessels ranging from 20 to 150 meters, with the capacity to berth small cruise ships at certain times of the year.
One of the key aspects of the development was the structural repairs to the breakwater footbridge. This allowed the port authority (Autoridad Portuaria de Baleares) to reclaim approximately 200 meters of berthing line that was previously unusable. This, according to the marina, will facilitate the reopening of docking space for cruise vessels in the La Marina district and enhance operational berth planning during peak seasons, reducing pressure on nearby docking zones.
Additionally, a new berth layout was introduced, along with upgrades to all nautical services and the establishment of a dedicated customer service office for captains and clients.
In February 2025, the marina began the process of connecting vessels to shore power, including the installation of underground utilities in surrounding city streets. This new system allows large yachts to connect directly to the local grid, reducing air and noise pollution from onboard generators and enhancing energy resilience in the Sa Marina area.
The redevelopment was celebrated with an inauguration event attended by institutional representatives, clients, and residents. IGY Ibiza Marina emphasizes that the project underscores a broader commitment to sustainable growth and the integration of nautical facilities within the urban landscape.
The company highlights that the upgrades have improved the electrical network in the neighborhood and will facilitate quicker response times during power outages.
With an investment of nearly €5 million and the creation of 55 direct jobs, IGY expects the redevelopment to have a significant socioeconomic impact, projecting €30.4 million between 2025 and 2033, averaging €3.3 million annually. The company also anticipates the generation of 15 direct jobs and over 300 indirect and induced positions.
IGY Ibiza Marina has been operating the site since March 2024 under an eight-and-a-half-year administrative concession. This investment is part of a broader strategy to extend the tourism season and attract larger yachts outside the peak summer months.
Earlier this year, IGY Marinas expanded its commitment to sustainable marine infrastructure by partnering with Aqua superPower to install Sardinia’s first fast electric marine charger at IGY Portisco Marina.