Luxury Yacht Building

LUXURY YACHT BUILDING

During the last few decades many luxury yachts were built and are available on the brokerage market, obviously one might ask why build your own luxury yacht instead of buying a pre owned yacht which is already proven design, but it is important for any wanna be yacht owner to consider carefully before building a luxury yacht.

The reason to build a luxury yacht instead of buying is to have complete control over the finished product. A super yacht purchased on the brokerage market can be refitted and modernized, it is still an existing hull with particular specifications. A new yacht construction project has no such limitations. The new owner is at the mercy of decisions made by the previous boat owner, decisions sometimes made many years ago, when current options and modern amenities were simply unavailable in those years.

Luxury Yacht Building

The second reason to building a yacht instead of buying is a desire for certain onboard amenities. Every yacht owner has a wish list of features which he considers very important onboard the yacht and with a new yacht building project, every single one of those wishes can be incorporated into new design.

Funding is very important to consider when deciding to build a yacht instead of buying. While a new yacht building project is likely to require a large up front down payment than a preowned brokerage purchase, the new yacht building owner is likely to see great value from that investment. which might be true during the earliest years of the ownership. However New construction yachts generally have lower maintenance budgets than preowned yachts, since all systems are new installed and are covered by warranties. Meanwhile new construction yachts has better change entering the charter market with the highest possible luxury yacht charter rates.

Luxury Yacht Building