Buying a New Yacht: What you Need to Know

If you are looking to invest in a brand-new yacht, there is indeed much to consider; there are, of course, many yacht builders in the world and the first thing to do is calculate how much you are prepared to invest. Once you have a figure in mind, you can start searching online and see what kind of new vessel you can get for your money. A Google search will take you to the website of a leading yacht broker and you can view yachts and catamarans.

Choose a Winning Design

The yacht broker would have a new Sanlorenzo yacht for sale, among many others and this shipbuilder has a wonderful reputation within the industry. Selecting a leading yacht builder that offers full aluminium hull vessels that are made to the client’s specification is a wise move and you can expect to have to wait at least a few months until the boat is finally finished.

Made to Suit the Owner

The great thing about ordering a brand-new yacht is that your input is incorporated into the design and there are many options regarding fixtures and fittings. The boatbuilder walks you through the selection process and once everything is approved, the work can begin. Of course, there would likely be a full hull that is ready for production, so you wouldn’t have to wait for the boat to be built from scratch. As we are living in a digital age, here are some amazing mobile apps that everyone should download.

Seek Legal Advice

Prior to signing any contract, ask an experienced lawyer to look it over and make sure that you fully understand the terms and conditions. There would be provisions in the contract whereby the boat builder would have to pay a penalty for every day the vessel is late for delivery and there would be several payment stages, when the customer makes a stage payment as agreed in the contract.

Yacht Registration

Of course, the vessel will need to be registered, which is something the boatbuilder would handle on your behalf. Of course, you can register your yacht wherever you like and you will find a lot of information online about yacht registration worldwide. Make sure to get your California boating license before taking your yacht out on the water.

The Yacht Broker

It is important that you feel comfortable with the yacht broker, who is very much the link between the vessel owner and you. A good yacht broker will afford you every request when looking at boats and will always be honest with any potential client regarding the vessel in question. Start with a Google search and browse a few websites to ascertain credibility, then you can view boats and make an enquiry about commissioning a new vessel.

It is most definitely an exciting time when ordering a brand-new yacht and with custom solutions, you will be on your way to owning the perfect luxury vessel. Whether you prefer a single-hull or a catamaran, talk to one of the premier boatbuilders and see what they can do for you.

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