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It seems like only yesterday that the global credit crunch was causing ripples in economies all over the globe. However, it wasn’t only economies that were suffering it was also individuals. Even high net worth individuals were affected. During that economically uncertain time these wealthy individuals were forced to examine the assets that they held, as well as their plans for future investments very carefully. This had knock on effects for those who were offering luxury yachts for sale. Business was down and there was a sense that it wasn’t going to get better anytime soon. However, as we reach the end of the first quarter of 2017 the situation has changed dramatically. The world’s economies are on the road to recovery and the purse strings have been loosened once again.
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The resurgence of the global economy has a lot to do with the rising popularity of holidaying on luxury yachts. Whereas the past decade has seen many high net worth individuals come under increased financial pressure the global economic gloom and doom seems to be a thing of the past. This has powered the increasing numbers of new yachts that are being designed and purchased. Yacht builders are seeing more yachts being ordered and yacht designers are seeing an uptick in business. But this is by no means the whole story. The world is changing and increasing numbers of consumers with larger amounts of disposable income are realising that super yachts and other yacht variants provide an exceptional opportunity to enjoy leisure time far from the pressures of the modern world wrapped in a package of luxury and especially privacy – something that is becoming more and more precious in our increasingly connected world. Many of these consumers are from countries that are rapidly developing such as China and India where a yacht broker, a yacht builder or those who design yacht interiors are seeing more and more business flowing in.
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The world has not only changed in terms of just how much disposable income people now have – it’s also changed just who those people are. There’s a new breed of professional who is now actively looking at yachts for sale. This person is usually from a region that has undergone a change in demographics. In essence this means that those people in countries like India and China who did not have sufficient wealth now do. And they’re looking to invest not only in the rock-hard assets that make up a strong financial portfolio – but also in what are today referred to as ‘lifestyle investment’. Not only do they take time off to play a round of golf – but they also value and cherish the opportunity to simply get away from it all. In many cases that means looking for a yacht for sale and taking the plunge into a world of relaxation and exploration.
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Firstly there should be absolutely no debate that life onboard a high end yacht is one that’s characterised by pleasure and luxury in the finer things in life. The sheer opulence of a high-class boat interior will change virtually any vacation into a once-in-a-lifetime experience. Super luxury yachts are usually sailing palaces with all the current present day conveniences that you can buy. Regardless of whether you get pleasure from kicking back inside a hot tub with a wine glass of champagne or savoring an evening watching satellite tv in a home / yacht theatre or checking out magnificent oceans on your afternoon trip a high-end vessel supplies countless possibilities.
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Today those who are looking to purchase a yacht are eager to explore brand new places. Just as the Mediterranean and the Indian Ocean challenged people to explore and discover throughout history today a whole new breed of explorers is opening up other oceans and seas to provide an opportunity to explore even more mysterious and fascinating lands. From the most beautiful islands off the coast of Vietnam to the ancient Black Sea ports and even further afield off the coast of Africa people who have purchased yachts are the modern day equivalent of the explorers of old – with one major exception. Rather than surviving on stale ships biscuit and a small measure of rum each day they are now exploring in the lap of luxury. These explorers have a crew of dedicated and sea wise people who are willing and able to fulfil their every wish. If it is fresh seafood caught in pristine waters they will provide, if it is something as simple as a cool drink or a snack they will be on hand.