Page 43

Burgess_Mag_2013-2

NERO XX.Xm (xxx.xft) SHIPYARD, YEAR Price on application If you want more for less, we know where to look.“ “ Dominic Millman Sales Broker, London IS BRAND NEW REALLY ALWAYS BETTER THAN PRE-OWNED? Once, size and pedigree were the main indicators of yacht value. Although the biggest yachts (70+ metres) have held their value better than the mid-range, size is no longer an automatic price-setter. Today, the age and customisation level of a yacht are as important as length overall and shipyard. “The emerging markets, in particular, value the new and the unique,” says sales broker Dominic Millman, noting that age often trumps pedigree in these markets. “For buyers wanting to offset running costs, a good charter track record is attractive, but it can be a negative for someone looking for a little used ‘as new’ private yacht.” Millman would encourage buyers to be open-minded when briefing their broker. “Of course we will follow our client’s instructions. If you say you will not consider a yacht over 3 years old, we won’t suggest a 5 year old yacht, even if it is an absolute gem.” Buying a slightly older, pedigree yacht can save you enough to refurbish the interior and make it your own. So just bear in mind that restricting your search by age may mean that you miss out on an opportunity to own a very special yacht from a pedigree yard. GALAXY 56m (183.7ft) BENETTI, 2005 €28,000,000 S CAPE 57.2m (187.7ft) CAMMENGA JACHTBOUW, 1978 (REFIT 2009) US$15,000,000 AUSTRALIS 48m (157.5ft) OCEANFAST, 2010 US$19,950,000 RAMSES 43.2m (141.7ft) FEADSHIP, DE VRIES, 1981 (REFIT 1995) US$5,750,000 (VAT PAID) ILLUSION 55.5m (182.1ft) FEADSHIP, C VAN LENT & ZONEN, 1983 (REFIT 2010) US$19,500,000 SEA LION 38.1m (125ft) HAAK SHIPYARD, 1998 (REFIT 2011) US$5,950,000 AD LIB 40m (131.2ft) ALLOY YACHTS, 2006 €13,950,000 APPLAUSE 45.5m (149.3ft) OCEANCO, 1994 US$4,950,000 UNDER OFFER { 41 }


Burgess_Mag_2013-2
To see the actual publication please follow the link above