For decades, the arithmetic of yacht ownership was simple and largely unforgiving: you bought a yacht because you loved it, not because it made financial sense. A new build depreciated the moment it left the shipyard. A used yacht bled money in maintenance, crew, berthing, and running costs, with little prospect of recouping any of it. Owning a yacht was, in the truest sense, a luxury — a pleasure to be paid for, not an asset to be managed. Over the last decade, however, Greece has quietly become the proving ground for a very different model, one where owning a professionally crewed yacht can generate real income, offset real costs, and in some cases retain more value than anyone would have predicted ten years ago.
The New Economics of Yacht Ownership: How Greece's Charter Boom Is Rewriting the Rules
Topics: charter, yachts for sale, superyachts, yachting, sanlorenzo yachts for sale, EKKA Yachts, sanlorenzo yachts, yacht ownership
Topics: ferretti, dealership, yacht charters, yachts for sale, superyachts, yachtshow, yachting, sanlorenzoyacht
AN ENDURING INDUSTRY
2021, perhaps surprisingly, has proven to be an outstanding year for the superyacht market (the “superyacht” designation is used for luxury vessels more than 30m in length). According to SuperYacht Times iQ, more than 485 such vessels have been sold around the world since the beginning of the year, a number that translates to sales of approximately EUR 4.77 billion. The comparative number of vessels in 2020 was 296 and EUR 2.8 billion respectively.
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Topics: superyachts, mys2021, mys, yachtshow, monacoyachtshow, yachting, sanlorenzo, sanlorenzoyacht