Market Intelligence from Camper & Nicholsons suggests that when it comes to acquiring a superyacht of your own it is very much still a buyers market.
Their figures show that there are currently more than 1,900 superyachts for sale, of which 315 (16.5%) are sailing yachts. Out of these 1,900-plus superyachts for sale, 354 (18.6%) were built during the past four years (2010 – 2014), 586 (31%) were built between 2005 and 2009, and over 50% of the superyachts currently for sale were built over 10 years ago
Despite being a disappointing and rather quiet September they report a total of 17 yachts were sold. The largest yacht was a 48m (157’5) sailing yacht built by Vitters Holland, followed closely be a 47.9m (157’2) motor yacht built in 1982 but benefitting from an extensive two year refit in 2010.
Although sales figures were down, it was a very exciting month for new yachts brought to the brokerage market
A 78m (255’9) Lurssen, designed by Espen Oeino with an interior by Albert Pinto, which was last sold in November 2010 has just rejoined the market. A 61m (200’1) CRN, boasting a François Zuretti interior, previously sold in December 2012, has also just rejoined the brokerage market
Five new sailing yachts with a total asking price value of 59 million USD also came onto the sales market during September.
This big influx of new brokerage listings is, says Camper & Nicholsons, typical for September as the industries largest shows, Cannes and Monaco, fall in the same month.