Owning a yacht is much more than a status symbol, at least for the people who love the open sea and sailing. Usually, the main reason for buying a yacht is not to get from one place to another. It is more about the feeling of liberation while cruising on an open sea. The main question about which we will discuss in this article is, are yachts a stable purchase and can you really get some interest from buying it.
The average drop in yachts value per year is much lower than in the car industry, and it is about 10 percent annually. But if you have a boat that is from a famous name, or from some limited edition, then there is a chance that the value of your boat will rise in years. The value can raise, especially if you arrange to buy a boat that previously was in the use of some celebrity.
Source:wsj.com
In the last few years, there is a rise in the boat market, so any yacht of better quality and from a well-known brand kept its price, and some of them are even more expensive today. So, buying a yacht can be a great investment if you follow all from the previous standards and attributes that a boat must have to make you some profit.
Renting your yacht is maybe the easiest way to profit from having it. The basic boat can earn you a few thousand dollars for a day if you have proper marketing. If you own a luxury yacht, then you can earn up to a few hundreds of dollars by renting it. Also, servicing your boat is very important in order to keep its value and attractive look. Hiring some professional yachting management company is the best way to keep your boat in the best way.
One of the best brands that are making yachts is Hunton from the United Kingdom. They are producing handmade luxury yachts with the finest parts. The Hull is made from Kevlar, which helps the boat to have perfect stability and best performances. Every aspect of Hunton yachts is on a high level, the stability, comfort, interior, exterior, and handling.
Source:breakingviews.com
Recently this company became a sort of water taxi, apparently, the luxury yacht supplier from Ibiza, the Ibiza Delivers, both a Hunton to drive their clients with it to their expensive boats. This move raised the value of Hunton Company and gave them great publicity. Also, some companies from China have bought a company that is called Sunseeker, which interested some of the famous people to invest in them. All of the people that invested in this company made ten times more money than they invested in it.
So, owning a yacht is great for enjoying the open sea with no boundaries. But, with smart management and some marketing, you can actually earn money and start your business with it. Best way to start earning from your boat is to make your own boat company.