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.

Latest News

3,2,1 Launch! Oleg Tinkov’s 77m explorer yacht La Datcha is getting ready to take off
Dutch Damen Yachting launched the first private luxurious 77m ice breaker La Dacha in Vlissingen today. She is owned by extravagant Russian banking billionaire and adventurer, Oleg Tinkov, whose net worth is estimated at $2.4 billion by Forbes.Due to enhanced fuel tanks and top of the state garbage management systems, La Dacha can stay on sea for 40 days without returning to a port, making her the ultimate expedition and adventure yacht. Furthermore, guests and the owner will never get bored due to the extensive collection of toys and tenders, snowmobiles, two helicopters, and a personal submarine.The vessel features an ice-classed hull and is polar code compliant, designed to cruise the world’s wildest natural regions with no sacrifice to the levels of luxury onboard. Offering adventure without limits, La Dacha Expedition Yacht 77 also features 2 hot water Jacuzzis — 1 indoor and 1 outdoor, a sauna & steam bath, massage room, and a fully equipped gym.The yacht offers accommodation for 12 guests in 6 staterooms, including 2 master cabins and 2 VIP suites. Each suite comes with a bathroom (a toilet and a shower or a tub) and a walk-in wardrobe. Guests can safely enjoy the most spectacular Arctic and Antarctic landscapes with 25 crew members on board to assist guests in any way they can.As a part of Tinkov’s recreational luxury project La Dacha, consisting of several holiday hikes in remote high-end destinations, the explorer is being built. She will be available for weekly charter but for the moment the owner is planning to spend up to 20 weeks a year on the yacht himself.Oleg Tinkov said just before the launch:The Earth is so big and our life is so short, so we have to explore as much as we can. And the SeaXplorer project is just perfect. I fell in love with the shape, the design. Don’t forget that this is the one yacht with two helicopters, so you can really go further into the mainland. You can see the bears. You can see the animals. You can heli-ski. Any kind of activities, fishing and so on. With two helicopters you have absolute freedom to explore any remote territory as deep as you wantRose Damen, Amels and Damen Managing Director was also at the launch:The owner has a lot of energy and ideas that went into the design of La Datcha. This yacht is the largest and most capable SeaXplorer so far, custom-built to the owner’s requirements. There is no other yacht like it in the world. We’re very proud to be building her and can’t wait to see La Datcha exploring the world
Spotted: the Oceanco 62m yacht Sea Walk in Rijeka
Let's take a look at Dutch shipyard Oceanco´s magnificent vessel Sea Walk, initially launched in 2005 under the name Lady Christina, the 62m motor yacht, went through a refit in 2014 at MB92 in Barcelona. This picture shows her in the Croatian port of Rijeka. The work included an extension of the main deck aft, as well as adding a new Jacuzzi to the sundeck forward area. Oceanco was leading the design of Sea Walk´s exterior and Zuretti Interior Design worked on the furnishings inside.With a beam of 10.5 m and a draft of 4.6 m, she has a steel hull and aluminium superstructure. This adds up to a gross tonnage of 1166 tons. Oceanco is powered by engines of 1673 hp each giving her a maximum speed of 15 knots and a cruising speed of 12 knots.She features a large main salon with several relaxing areas featuring drop-down cinema screen and projector as well as a plasma TV with surround sound for a full cinema experience. Oceanco yacht can accommodate 10 guests in 5 beautifully appointed cabins, including one generous master cabin, two double guest cabins, as well as two twin guest cabins and full comprehensive entertainment centres fed from a central server. The staterooms are generous in size and have silk panelled walls with attractive marble bathrooms. The fabrics, marbles and joinery details differ slightly for each cabin.
New delivery: Solaris 80 RS sailing yacht Alithia
Solaris Yachts, the Italian sailing brand, delivered the Solaris 80 RS yacht Alithia, the first of its kind. The yacht measuring 24m in length is built to offer a comfortable journey on the water, featuring open-plan areas and a functional living area, as well as ease of use built into all the systems onboard. The representative of the owner was Jens Cornelsen of Cornelsen & Partner, he also managed the project throughout the building phase. Stepping on board of the guest cockpit on deck, the salon can be entered through a central companionway, with eye-level windows creating a bright atmosphere around the dining table and the lounge area. For the Solaris 80 RS, there are 2 different interior layouts available, both featuring four-cabins, distinguished by a master cabin either in the bow area or in the aft section below the steering position. There is lots of room for creativity, since customization can be applied to the outdoor deck spaces, such as the fold-down beach club space. If improved maneuverability is desired, clients can get the 80 RS with a lifting keel, reducing the 4-m draft to 3.5m. The next project to be launched by Solaris Yachts will be the flagship Solaris 111, that is expected to take place mid-August.
A new owner for Overmarine 42m Project Venezia
Italian builder Overmarine Group has announced the sale of 43-metre project Venezia to an American client. She is fifth unit in the Mangusta Oceano 43 and the second Mangusta Oceano displacement yacht to be sold to Florida.The shipyard submitted the new-build project to the owner through Worth Avenue Yachts with a delivery date of November 2020.The tri-deck Mangusta Oceano 43 was designed by Alberto Mancini and features such design elements as large windows, skylights for daylight, wide glazed surfaces, and special lighting solutions. Noticeable features of the model include a forward-facing infinity pool with a waterfall, a beach club aft with the stern door folding down to become a swim platform, sunbathing area, a garage at the bow, and several alfresco living areas.The engines of the yacht provide a top speed of 16 knots and a cruising speed of 11 knots and a range of 4,500 nautical miles. Overmarine Group’s Interiors Department is already in contact with the new owner to customize the layout and the furniture, and decor to match the owner’s preferences.Stefano Arlunno, Overmarine Group’s Americas Area Manager explained:This sale once more confirms that our vessels – be they Maxi Open, fast displacement, or displacement yachts – perfectly meet the needs of our American clientele. Behind a successful sale always stands the harmonious combination of the right product, an owner who has fallen in love with it, and passionate teamwork. In this specific case, our gratitude goes to Worth Avenue Yachts
Spotted: two Golden Yachts O’Ptasia and O’Pari in Piraeus
The two Golden Yachts flagship superyachts O’Pari and O’Ptasia have been seen in the Zea Marina in Piraeus, Greece this week.The recently-launched 95-metre O’Pari is the largest yacht ever undertaken by the Greek builder. This flagship motor yacht has been launched by superyacht builder Golden Yachts at the facility of Golden Yachts Halkitis in Athens, Greece earlier this year.She yan offer accommodation for a total of 12 guests across nine double cabins, including four twins and one single. O’Pari also has a crew of 28. The power of the yacht comes from a pair of CAT 3516C-HD 2525kw engines for a maximum speed of 18 knots. The 85-metre O’Ptasia was built by Golden Yachts in 2018. With a beam of 13.8 m and a draft of 3.6 m, she has a steel hull. This adds up to a gross tonnage of 2350 tons. The vessel is powered by CAT engines giving her a maximum speed of 18 knots and a cruising speed of 16 knots. O’Ptasia's maximum range is estimated at 2350 nautical miles. The motor yacht can accommodate 12 guests in 11 cabins. Both yachts were designed by Studio Vafiadis from Italy.