Luxury Yacht Brokers - The Luxury Guru Blog

Yacht brokers tend to focus on yacht charters, mostly because there is more turnover in that market than in the ones for new orders and pre- owned sales. A buying broker defends the buyer's interests in a project so large and complex that specialized expertise is required to make informed decisions. About 80 brokerage houses worldwide deal in yachts above 70-feet, but beyond the 80-foot threshold, only about 40 are active participants. Nearly 40 percent of the 253 yachts longer than 100- feet sold ordered in 20007 were sold with the help of a broker. In this market for such valuable assets, there is a fair amount of concentration, with 150 sales brokers in 12 brokerage houses splitting about two-thirds of the sale and purchase market between them. Commissions on sales typically range up to 10 percent of the sales price for a pre-owned yacht, and new orders from shipyards generally reward the broker with a fee closer to five percent. (For buyers contemplating a purchase, as a rule of thumb, it is generally advised to avoidpurchasing a yacht if it represents more than 10 percent of liquid assets). Yacht Market Outlook The global market for superyacht sales is estimated to be about $10 billion in size. At the end of 2007, the average asking price for a yacht at least 80- feet in length was $11.5 million at then prevailing dollar/euro exchange rates, which have come down since January. Sailing yachts averaged $9 million per sale in 2007, while motor yachts changed hands for an average of $10.3 million. Yachts in the range of 130-165 feet fetched a much higher average price: $18.75 million per yacht sold. For yachts 165-feet long and bigger, the average selling price last year was $38.5 million. Despite current economic conditions in the U.S., strong global demand for superyachts suggests that shipyards will be busy producing these trophies for the next several years. With millionaire growth still on an uptrend in the U.S., and new wealth created in Eastern Europe, the Middle East, China and Latin America, the pool of potential buyers continues to deepen The wealth Report Leading Edge Insights Into the World of the Wealthy published by the Luxury Institute Milton Pedraza, CEO

Comments

[.........]

RENDEZVOUS POINTS
Internationally known as one of the Coastal Countries, India’s Coastline runs into almost 7500 kms!.. Actually an entire Lifetime can insufficient for Adventure Thrills!! You can be suddenly discovering a distant tiny village, or spotting an ancient archeological wonder like Fort, Temple, Church, etc, or just a small stretch of Virgin Island Beach !!!..
Elephanta Caves, Murbad Janjira, Ganpatiphule, Oriental Pearl-Also known as Tourist Paradise, Goa Mumbai’s next neighbor, is internationally famous for ancient architectural splendors of massive Cottages, Cathedrals, Temples and so many big & small beaches…
Oriental Pearl-Known for the proximity of tranquil Beach-town Harihareshwar & Kalbhairav Shiva temple, the Historic Capital of Decision making Marathas, Shriwardhan the jewel of Konkan coastline is immensely irresistible to any adventurous tourist!..
Kashid-Famous for almost 2.5 miles beach spanning between two whispering ghat ranges, Kashid is a quaint seaside town !..
http://www.mumbaiyachtclub.com/

[meera]

PARALLEL PRIORITY- MUMBAI YACHT CLUB !..
Not overlooking the fact that Adventure & Thrill are also entailed by Risk factor, MUMBAI YACHT CLUB’s Boats are well equipped with all the latest Safety Devices like Radar, Chart Plotter, Fish Finder, GPS, Boat Tracker, VHF Communications, Life Jackets, & Trained Seamen, Safety being the parallel Priority !..
An MUMBAI YACHT CLUB enjoys series of standing services that ensure to make Moments on the Seas Memorable!
http://www.mumbaiyachtclub.com/

[Yachtcharter Griechennland]

Wow, I never knew that Luxury Yacht Brokers - The Luxury Guru Blog That's pretty interesting...

[Yachtcharter Griechennland]

I was just thinking about Luxury Yacht Brokers - The Luxury Guru Blog and you've really helped out. Thanks!

[Site Tool]

That's great, I never thought about Luxury Yacht Brokers - The Luxury Guru Blog like that before.

[Yacht Charter Greece]

Wow, I never knew that Luxury Yacht Brokers - The Luxury Guru Blog. That's pretty interesting...

[Yachtcharter Griechenland]

I was just thinking about Luxury Yacht Brokers - The Luxury Guru Blog and you've really helped out. Thanks!