Luxury Yacht, Mega Yacht, Superyacht News

Luxury Yachts for Sale | Mega Yachts & Super Yachts

What are the differences between luxury yacht?? Although no established rules exist as to what can be called a Superyacht, general belief considers this range of yachting to begin at 45-50 meters (146’-162’) LOA. The term Superyacht was first used in the early twentieth century for yachts measuring 24 meters (79’) and above LOA, but as private yachts grew larger and more elaborate, that threshold has steadily climbed upward. In some circles, Mega yacht and Superyacht have the same meaning, or have substantial overlap. Today, even yachts at 24 meters and above are referred to as Superyachts, if they have substantial amenities and capabilities.

The term Gigayacht has also become part of yachting terminology as builders continue to push the envelope regarding length and billionaire owners look for yachts with even more space and amenities. Although none are yet sailing the seas, the Gigayacht designation could refer to yachts over 200 meters (656’) LOA. The world’s largest yacht is Azzam at 180.6 meters (593’) LOA, owned by the Emir of Dubai.

Buying a Luxury Superyacht:

Whether you are buying a luxury Superyacht for the first time, or are an experienced owner, you have a number of considerations. Most likely you have an idea of the kind of design and equipment you want, yet there are strict rules about the purchase that you have no idea how to navigate. Working with a Superyacht broker will not only smooth the transaction, but also show you possibilities that you hadn’t previously considered.

At any given time, literally thousands of yachts are on the market worldwide. Many first-time buyers purchase a yacht that has already plied the seas for several years, often changing interior design and then renaming the vessel. Not all luxury motoryachts for sale are publicly advertised, but brokers are adept at finding and completing private sales. Luxury Superyacht brokers not only perform these transactions, but can also help facilitate contracts between shipbuilders for semi-custom and custom Superyachts.

Selling a Luxury Superyacht

Selling your current luxury motoryacht can also be complicated. While a number of websites list yachts for sale, you need to develop an aggressive marketing campaign to make sure the right audience knows that your boat is for sale. Even if you prefer not to advertise, you still need an aggressive plan for selling your Superyacht. Although it is possible to sell a luxury yacht on your own, the boat may stay on the market for a longer time than if you enlist the services of a yacht broker.

Luxury Yacht Charters and Rentals vs. Buying a Yacht

For individuals who have never owned a boat, considering whether one should pursue luxury yacht charters and rentals versus buying a yacht is a valid question. Owning a Superyacht is an expensive hobby, one that is more akin to running a business. Whichever way you look at it, buying one is an emotional proposition that must be weighed against the realities of ownership. That’s where chartering or renting a luxury Superyacht comes in. One can still live the Superyacht lifestyle without the added expense.

Renting a luxury Superyacht is a good way to determine whether you really want to own your own private boat or are unsure what type you want. By taking charters you can try Superyachts constructed by different boatbuilders, peruse amenities and see what it’s like to regularly interact with crew. If your experience is positive, you’ll have a good indication of the size, type and layout that you want. Chartering is also the route to go for individuals who have trouble justifying the expense and the hassle of owning a large Superyacht.

If you’re someone who takes pride in owning gorgeous vehicles, owning a luxury Superyacht allows you to everything you want as you can personalize your home on the water. Having your own motoryacht can give you a more personalized experience with the sea. It’s yours, not someone else’s and you can spontaneously sail for parts unknown, which is something you can’t do with a charter yacht.

Florida Yacht Broker

Working with a Florida yacht broker specializin in yacht sales, can make the entire process of buying or selling a luxury motor yacht much easier, as these professionals have extensive knowledge on all aspects of the industry. Choose a broker who is a member of one of the major associations such as the International Yacht Brokers Association. The professionals at 4Yacht fit the bill. Contact us at 954-767-0220 to get started on your journey.