What can we say? There’s
nothing quite like owning
a yacht. For starters, there’s
the cachet that ownership
bestows. With the average
superyacht costing $10million
to buy, the price tag makes
it prohibitive to the masses
– and a rarity even among
the world’s ultra wealthy.
Consider this: the club of yacht
ownership is so exclusive,
you would be joining an elite
group populated by some of
the world’s wealthiest and
most famous individuals.
If you choose to build your own yacht, you
are only limited by your imagination. In fact,
owners speak of the construction process
with great fondness. Many find envisioning
and creating their own superyacht so
enjoyable that they repeat the build
experience – rather than looking to
the used yacht market.
Even if you decide to buy an existing
yacht, you can still tailor your superyacht
to be exactly how you want it to be. Toys,
cinema, your own office, private relaxation
spaces – again, you are only limited by your
imagination. Or maybe you would like to show
off your art or private car collection. One thing
is for sure – your superyacht can be a mirror
of you and your lifestyle. It is no surprise that
for some, their superyacht becomes one of
their most prized possessions.
But the biggest perk of being a superyacht
owner is the ability to be master of your
own dreams. Had enough of the French
Riviera and want to explore further afield?
Moor your yacht in the South Pacific, fly
out and explore your heart’s desires in
inimitable style. In fact, you can position
your yacht wherever it pleases you, making
no corner of the world beyond your reach.
Interestingly, though, many owners choose
to charter yachts that can give them easy
access to the experiences they desire – such
as diving, arctic exploration and more.
On the downside, you have to contend with
significant running costs. But for some, the
ability to maintain your own superyacht is
part and parcel of the cachet of ownership.
On the other hand, many owners offset
some of the running costs by offering their
yacht on the charter market. Of course, the
process of purchasing can be complex and
operating your yacht can be tricky – but
that’s what seasoned brokers are for.
THE STATE OF WEALTH, LUXURY AND YACHTING
TO OWN OR TO CHARTER