2014 Yacht Sales so far…
5 Most Expensive Yachts Sold This Season and 5 Bargain Boats for Cruising
Photography courtesy of BVI Yacht Sales
The 2014 yacht sales market in the BVI has been very active in the first two months of this year – a flourishing marketplace with some interesting trends when compared to previous years.
The most significant observation is that in 2013, the value of the five most expensive yachts to sell was $953k where as in 2014 so far, the value totals over $1.5M with the most expensive individual yacht trading in the first two months of this year falling in at $400,000. This indicates a strong recovery of the top end of the market this season.
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This sailing season’s sales have been the hottest we have seen in this region in the past four years. This has been great for the local yachting market; the presence of increased spending means business for brokers and following, more money for registration agents, sailmakers, mechanics, marinas, boatyards and any other businesses tied with yacht ownership.
However, it’s not all about the most expensive yachts on the market. Companies such as Nanny Cay Marina are aware of this and enforce a policy of diversity to protect themselves from market trends as well as to ensure a well-rounded and enjoyable community for all involved.
At the other end of the spectrum, the five bargain-priced boats this season have sold for a total of $165k or an average of $33,000 each – the steal of them all at $21,000. This compares to a total of $265k for 2013 with the lowest priced yacht selling at $25,000. It’s interesting to see that the yacht sales’ revenue for the top of the market has increased and at the lower end decreased, which works well to help make the BVI more accessible to sailors with varied budgets. It also shows that our region is succeeding in attracting a wide audience of visitors from around the world, all here to enjoy the fabulous sailing we provide.
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So just what are the most expensive boats and least pricey yachts to sell this season so far?
5 Most Expensive Yachts Sold This Season
1. 46’ Roberston and Caine Leopard Catamaran, yr 2009, a 4-cabin Crewed Charter yacht, sold by The Moorings
2. 39’ Robertson and Caine Leopard Catamaran, yr 2011, with ‘Owners Version’ layout which uses one entire hull for just a private owners cabin, sold by The Moorings
3. 45’ Cecil Lange and Sons Ketch, yr 1996, a single cabin single head centre cockpit ketch of traditional design built specifically for offshore voyaging, sold by BVI Yacht Sales
4. 46’ Beneteau Oceanis, yr 2007, 3 cabin private single owner boat well equipped, sold by BVI Yacht Sales
5. 40’ Robertson and Caine Leopard Catamaran, yr 2006, 4 cabin ex charter boat, sold by The Moorings
5 Bargain Boats for Cruising
1. 32’ Beneteau Oceanis, yr 2005, 2-cabin ex-charter yacht, sold by The Moorings
2. 36’ Beneteau Oceanis, yr 2001, 2-cabin ex-charter yacht and privatised with cruising gear, sold by BVI Yacht Sales
3. 39’ Tollycraft Fast Passage, yr 1983, 2-cabin offshore cruising yacht in need of some refitting, sold by BVI Yacht Sales
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4. 28’ Pro-Line Powerboat, yr 1997, centre counsel twin outboard yacht, sold by Virgin Gorda Yacht Sales
5. 35’ Chris Craft Ketch, yr 1976, a centre cockpit sailing yacht, sold by BVI Yacht Sales
Of the 23 yachts sold in the first two months of 2014, we can see quite a spread of options available from the five most expensive to the five cheapest. In between lie 13 other yachts that suit the tastes and budgets for every sailor or boater out there.
No matter what boat you choose to sail on, the anchorages offer excellent protection, great holding grounds, beautiful sunsets and crystal clear waters to swim. The beaches have great restaurants and bars to watch the sunset over drinks and proceed to dance the night away. At any yacht enthusiast’s budget, the BVI is here for all to enjoy.
*** Data relates to professional brokerage sales – source is soldboats.com
Brian Duff, Broker - BVI Yacht Sales
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