The opening of the improved offer submitted by A1 Yacht Trade Consortium in the tender for the concession of port operation services and the right to use, operate, manage, and exploit the Argostoli Marina was announced by the Hellenic Property Management Fund. The duration of the concession is 40 years, with the possibility of extension for a further maximum of 10 years. 

The Fund's Board of Directors approved the improved offer, which includes a one-off price of EUR 1.5 million and an annual fee of 1.9% of the gross revenues from the operation of the marina. The company is expected to implement investments of more than €30 million for the upgrading and maintenance of the infrastructure. 

The development projects involve the radical upgrading of the existing port infrastructure and, in addition, the development of the marina's land area, including buildings and roads, as well as the creation of a highly aesthetic environment. The aim is to create a tourism and leisure pole and develop this area, which will contribute to the overall promotion of the island of Kefalonia.

Argostoli Marina is located in the bay of Argostoli, 11 km from Kefalonia International Airport "Anna Pollatou.". The capacity of the marina is about 170 berths, depending on the layout and size of the boats. 

A1 Yacht Trade Consortium aims at the strategic development and promotion of marine tourism with high-quality marinas. It aims to provide high-quality services to yachting clients, creating a safe, friendly, and welcoming environment for all sea lovers, while aligning its operation with the sustainable development goals of the United Kingdom. Nations (SDGs) by implementing sustainable practices to protect the marine environment and raise awareness among all stakeholders, the announcement by the Hellenic Property Management Authority said.