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    2014 Mega Yacht Sales Reach 300 Unit Level

    oceanco-super-yacht-for-sale2014 Mega Yacht Sales Reach 300 Unit Level: Yacht sales have reached a significant milestone in 2014 with the recent sale of Sunseeker’s  26.84m Gatsby, the 300th yacht to be sold this year. Sales in 2013 didn’t reach that level until December. Even so, 355 total sales occurred in 2013, making it a record year for the first time since 2008’s economic slowdown. As the fourth quarter always proves to be a busy period, there is no reason to doubt that this years figures will surpass 355 units sold.

    The first nine months of 2014 have witnessed the sale of several megayachts, most notably the 90.1m Nero, along with the 88.8m Illusion by Pride Yachts and Lürssen’s 88m Quatroelle. Other superyacht sales included Royal Denship’s 79m Pegasus V and Codecasa’s 63.7m Sokar.

    Another positive sign is the sale of a number of older yachts that clear inventory for recent market additions. Sales included 69m Sarsen built in 1970, Feadship’s 41m Odyssey from 1989 and the 39.6m Phoenix, Davie Shipbuilding’s 1973 expedition yacht.

    Industry experts note that while sales are up, sale prices have not recovered at the same rate as buyers are still pushing hard to achieve maximum value in their purchases.

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