Yachting | 2020
If you look at the yachting brokerage sector, which is quite comparable to the real estate market, you can see some small trends. BOAT Pro, for example, which lists over 11,000 yachts over 24 metres in length as well as all sales and yachts under construction, provides reliable business intelligence for this.
After the aftermath of the financial crisis has subsided, an average of 400 yachts have been sold on the brokerage market for some years now. The average length is 35 metres, the age between 12 and 13 years and the price around nine million euros. “Bargains” can sometimes be made, but are often paid for with a later, expensive overhaul.
After a small low in 2013 (693 projects), the new construction segment is on the upswing again. As in 2019, more than 800 yachts will be under construction at the world’s shipyards in 2020. It is clear that sailing yachts are not necessarily en vogue at the moment, although some experts see a trend reversal here.