A project that is unique in the entire Mediterranean , located in Valencia , a city with growing international exposure and a port in an unbeatable strategic position, just 4-6 hours' sail from the Balearic Islands and a few more hours from the Côte d'Azur , Corsica and Sardinia . The new berths are now ready to be enjoyed in 2007, the year of the 32nd America 's Cup event.