When one intends to buy a yacht, sooner or later they will come across yacht brokers. A bad broker would opt for selling their yachts by all means, while a good one could even dissuade a customer from buying a vessel instead. Yachts’ maintenance costs sometimes are so high, that it might be easier to confine to chartering. Still, in any case, it is important to first try several different yachts on charter before buying your own.
The largest international brokers such as Burgess, Fraser, Moran Yachts & Ship, Edmiston and several others act as central agents of the «best» yachts: they manage them, select the crew and sometimes oversee the construction. However, one can book a yacht even through a small company, if it has the appropriate certification. Below, you will find 9 significant steps to consider prior to buying a yacht.
#1. Define the goal
First of all, one has to define answers on such questions, as: why they need a yacht, where they are going to use it, whom they are planning to invite on-board, whether there will be children among the guests and many other issues. That is where the information about a customer, his or her tastes and lifestyle matters.
A good broker would have a detailed conversation with a potential buyer, even asking some rather personal questions. Ideally, they should spend with a customer several days to understand how they dress, what kind of car they have, where they prefer to have dinner, how social they are etc.
Those things are crucial as a yacht represents a continuation of her owner’s personality. Like your own home, it may or may not be suitable for parties, sports, the presence of children, it may be chamber or large-scale, high-speed or slow-moving, with or without a helipad. Dozens, if not hundreds of details, will affect the final choice, and the cost here is by no means the main criterion. After all, you can find a yacht at a comfortable price, but she may not suit you at all.
#2. Set the style
First, it is important to understand whether you need a sailing or motor yacht, since these are two fundamentally different styles of yachting. Usually, those who prefer to be closer to the water, lead an active lifestyle on the yacht, delve into the nuances of management, seek to obtain a captain's license and are interested in sails. Those people in the first place can be called yachtsmen. On the contrary, motor yachts, even the fastest ones, are floating boutique hotels, where the owners will be served at the highest level. As to sports racing yachts, they are not generally suitable for recreation.
It should be noted that in the sailing segment, not all yachts are the same. For example, superyachts above 40 metres, produced by such builders as Perini Navi, are not inferior to motor yachts either in design and comfort, or in high-technology equipment. They might even outperform motor yachts of the same size in price.
#3. Consider your lifestyle
How and with whom do you want to spend time on a yacht? For parties, one would need large open spaces, and it would be nice to have a Jacuzzi or a pool with a backlight. Naturally, a yacht must come with built-in audio and video systems and wireless Internet. For gambling, you would need a special zone. If you like cooking, a yacht should have a specially equipped separate kitchen. If you plan to invite parents to the yacht, you need to make sure that there is a VIP suite on-board. If the yacht has three or more decks, older people will need an elevator. If you have children, the system of fences is crucial so that they do not fall overboard or on the lower deck, plus a cabin for the governess should be provided, etc.
#4. Think over your activity
There can be many different nuances, but there is something that almost everyone pays attention to: a garage with tenders and water toys on a yacht. You would need a tender in any case. Furthermore, it is good to have the yacht equipped with everything for diving, snorkelling, water skiing, "sea-beans", jet skis and other toys. Many yachts also come fitted with a fitness deck, which usually comprises a gym, massage room, hairdresser, sauna and hammam.
#5. Choose the right crew
Naturally, owners of yachts assemble the crew according to their own requirements, and the crew is not less important than the yacht itself. Not only should they be sociable people with an understanding of the service, but they should also meet special requirements. For instance, it is important to consider whether a cook is good on a yacht and what exactly he or she can cook. A professional broker would be aware of such things as if there is a massage therapist, yoga and diving instructor on-board and what languages the team speaks. A broker would either know the invited crew members personally, or do a decent research on them in advance.
#6. Get directions
It is important to decide whether you are planning to live on-board during your vacation. For example, if one has a villa in Forte dei Marmi and wants to take a short trip to Corsica for a day, a small 50-60 foot open class yacht or a yacht with a flybridge, with a speed of 30-40 knots.
At the same time, if you plan to go on a cruise from Saint-Tropez to Portofino, to Corsica, Sardinia or Sicily and back, then for a two-week trip you would need a comfortable yacht of at least 30–35 metres. If the group is big, the size has to be even larger. The speed of such yachts will make only 11-17 knots. However, low speeds save fuel: megayachts making 30 knots per hour require hundreds of thousands of EUR a year for fuel. In addition, high speeds even on the best yachts might not be comfortable: noise and vibrations increase, and it becomes difficult to talk and walk.
If you plan to take the yacht from the Mediterranean to the Caribbean for the winter period, she should boast a transatlantic power reserve, to complete the journey without refuelling. And if you are thinking about traveling around the world, you need not only a large cruising range, but also an Explorer class yacht, which can operate under different weather conditions. To cruise to the Far South or North, you need an Ice-class yacht - although not an icebreaker, she would not be subject to collisions with small ice floes.
#7. Choose a hull
Yacht hulls are mainly built of steel, aluminium and composite. Almost all major European yachts builders rely on steel or aluminium, while in American and Asian yachts (except for the largest yachts) composite is used, since it is a lighter material that is easier to care of; it is not subject to corrosion. However, the composite is not suitable for all operating conditions. Owners of megayachts relate to it without reverence: a 50-metre composite yacht would already be an exceptional case.
#8. Estimate expenses
A yacht should not be taken as an investment, it is a luxury item and not more than that. Moreover, her cost drops by 10% per year. About the same amount should be saved for yearly operating costs, such as parking and repairing expenses, crew salaries and taxes, not to mention fuelling. Meanwhile, if several years ago green yachting was considered uneconomic since environmental options increase the cost of the yacht, now yachting enthusiasts have concluded that eco-yachts save fuel, and, therefore, are cheaper to operate.
Step 9. Set the timeline
A fully-custom superyacht of above 35 metres, will take up to four years to be built with such yards as Lürssen, Abeking & Rasmussen, Feadship or Oceanco. A faster option is always a semi-custom-yacht of the same size, where a standard hull is used, and the interior is created on-spec for the owner’s needs. Such yachts take about 2.5 years to build and they are 30% cheaper. In that niche, the most famous shipyards are Dutch Amels and Heesen.
Serial yachts of up to 100 feet in size would confine your choice to one of 3-5 typical interior options. However, there are many good yachts on the market that the owners sell after 2–4 years of operation, simply because they want a new one Such vessels with clear and proven seaworthy properties can be acquired immediately.
The difference in the price of yachts even for one niche is so great that it makes no sense to focus on it. Everything depends on the interior materials, technical options, the name of the designer, and the class of the shipyard. For example, the cost of a Feadship yacht might be twice as large as a Turkish yacht of the same size. Nevertheless, Feadship will far less fall in price over the years.
Since the situation with traveling is finally quickly changing, charterers can really think of spending this summer on board a luxury yacht. Charter superyacht Axioma will be welcoming guests from June 15. She is a 72.5m luxury yacht, built by Turkish custom superyacht builder Dunya Yachts and delivered in 2013. Istanbul-based shipyard undertakes the refit, repair and new construction of yachts in the 70-100 m range.This winter Axioma had a refit and now she reveals new hull color for the charter season. This turquoise blue makes her really special and noticeable. But it is not the only update that the superyacht has received. Also she offers a new selection of tenders and toys. Refitted Axioma got a new captain, Charlie Rowlands, and new stewardesses Leanne Cilia, Milly Bishop and Mojca Mesojedec.The superyacht is built with sophisticated mechanical equipment and meticulous no design. With a beam of 12 m and a draft of 4 m, she has a steel hull and steel superstructure. This adds up to a gross tonnage of 1620 tons. Axioma is powered by two Caterpillar engines of 3150 hp each giving her a maximum speed of 17 knots and a cruising speed of 14 knots.She was designed by Sterling Scott with O. Tanju Kalaycioglu developing the naval architecture. Her elegant interior, which creates a bright, summertime feel, was created by the legendary designer Alberto Pinto. It features a colourful palette with reds, emeralds, blues, greens and earth tones. Axioma can accommodate up to 12 guests in 6 his luxurious staterooms including a master suite, VIP suite and four guest double cabins, two of which are convertible into twins. Also this massive yacht is capable of having 20 crew members onboard. She will be returning to the Caribbean and Bahamas for planning winter charters later this year. Axioma is available for charter with YPI, with €595,000 per week.
July 1, 2020
The 45.51 m motor yacht Amorazur II yacht (ex: La Baroness) was built in 1994 by Palmer Johnson and refitted in 2000. Here you can see the motor yacht on her way to the port of Monaco.With a beam of 8.23 m and a draft of 2.6 m, she features a semi-displacement aluminium hull and aluminium superstructure, with teak decks. This adds up to a gross tonnage of 440 tons. Amorazur II is powered by Deutz AG engines of 1960 hp each giving her a maximum speed of 20 knots and a cruising speed of 17 knots. The motor yacht can accommodate 14 guests in cabins with luxurious interior design by award-winning Terence Disdale Design, which is responsible for the interior and exterior of the some of the world’s most significant yachts. Her exterior design is created by Tom Fexas Yacht Design.
July 1, 2020
Only Now is a 34.6 m luxury motor yacht. This beautiful semi-displacement vessel has been just recently sold thanks to David Westwood and Vedat Kohen of TWW Yachts.With a beam of 7.5 m and a draft of 1.7 m, she has a epoxy/wood hull and epoxy/wood superstructure. This adds up to a gross tonnage of 198 tons. Only Now was built by Tansu Yacht and delivered in 2012. The Turkish shipyard, which has been building yachts since 1996, makes purposefully small production, with only one or two boats built at a time, allowing the yard to focus on quality.The vessel is powered by two Caterpillar C-32 diesel engines of 1700 hp each giving her a maximum speed of 22 knots and a cruising speed of 18 knots. Only Now's maximum range is estimated at 900 nautical miles.The motor yacht can accommodate up to 8 guests in 4 well-appointed staterooms, including a spacious owner's cabin, and 2 guest cabins. There is also a big list of toys and the large swim platform onboard.With naval architecture by Diana Yacht Design, the breathtaking superyacht has both the exterior and the interior design by Tansu Yacht Design.The last known asking price for Only Now was €5,900,000.
July 1, 2020
Automobili Lamborghini and The Italian Sea Group have recently presented the worldwide premiere of ‘Tecnomar for Lamborghini 63’, the Tecnomar fleet’s new super luxury motor yacht with Lamborghini-style design in reference to Lamborghini’s 1963 foundation.This highly-anticipated motor yacht project, developed by The Italian Sea Group, started with several collaborative sessions with the contribution of Lamborghini’s Centro Stile and inspiration from Lamborghini Sián FKP 37, the first hybrid super sport Lambo.With two MAN V12-2000 hp engines, the vessel reaches a top speed of 60 knots and will be the fastest of the Tecnomar fleet.Stefano Domenicali, Chairman and CEO of Automobili Lamborghini said:This yacht represents the significance of creating a valuable partnership, at its best: our co-operation allows the essence of both organisations’ style and expertise to be transferred to different worlds, sharing in their diversity to interpret and add value to the final product in a new environment. If I had to imagine a Lamborghini on water, this would be my vision. I’m delighted to celebrate this successful collaboration.We announced this partnership in May, and today we present Tecnomar for Lamborghini 63, a motor yacht which will become as futuristic an icon as the car she is inspired by,” said Giovanni Costantino, CEO of The Italian Sea Group. “Selected owners around the world will own not only the fastest Tecnomar motor yacht in the fleet but a Tecnomar for Lamborghini 63 masterpiece. I’m proud that we have chosen to create this innovative and challenging project with Automobili Lamborghini, which links technology, supreme design, quality and performance.The Tecnomar for Lamborghini 63' boasts a super sporty exterior design, with the hull and superstructure created from a high-performance shell, developed by naval engineers specialising in hydrodynamic sciences. The design lines have been interpreted by those created by Marcello Gandini in the Miura and the Countach of the 60s and 70s.The yacht, which is constructed from carbon fibre material, typical of Lamborghini super sports cars, is 19.2 metres long and 5.5 metres wide. The first “Lamborghini of the sea” will be available at the beginning of 2021.
June 30, 2020
Ferretti Yachts, a brand of the Ferretti Group, has revealed its future in the shape of its new flagship, which is the biggest it has ever built. The 30.48 m long Ferretti Yachts 1000 superyacht with a carbon fiber hull will be ready to cruise in 2021.The brief was focused on delivering unparalleled comfort, so the best of the Ferretti Group’s in-house talents were involved. Quintessential Italian taste prevails in a timeless design that combines clean-cut shapes and refined materials. A representative from the shipyard commented:Teak plays a prominent role, appearing not only on the aft beach area, but also on the curves of the hatch, the walkways, the stairs leading to the flybridge, and the external helm stationThe exterior of the superyacht was designed by Filippo Salvetti, and the interiors were designed by IdeaeItalia Studio.The novelty will partly inherit the appearance from previous Ferretti Yachts models, and partly it will be able to guess the aesthetics of a series of yachts with a flybridge of another Ferretti Group brand - Riva.Salvetti said:Ferretti Yachts 1000 is the brand’s flagship and it heralds a new style based on even more simple and clean-cut forms. They give the yacht a strong, spontaneous and graceful appearance with an extremely fresh and vibrant silhouette. The new concept for on board flows that have been introduced here are set to become an iconic part of all of the large vessels in the range. Designed with the future in mind, this new creation takes things to the next level for faithful Ferretti Yachts customers.There is a choice between two different interior moods: classic, with soft, traditional tones, and contemporary, with bold colours and urban influences.Ferretti Yachts 1000 offers accommodation for 10 guests in five-cabin layout comprises an owner’s suite on the main deck and four large double cabins that are all the same size on the lower deck, with a crew of 5 members onboard.She comes with twin MTU 16V 2000 M86 engines delivering 2200 mhp, giving a top speed of 28 knots and a cruising speed of 24 knots. Alternatively, owners can opt for twin MTU 16V 2000 M96L engines generating 2638 mhp. On request, the new yacht can be equipped with a gyroscopic stabilization system and stabilizing fins to keep it as quiet and comfortable as possible both at anchor and out on the waves. Ferretti Yachts 1000 is classified as a recreational craft with CE marking.
June 30, 2020