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Yachts for Sale

For aspiring yacht owners looking for a luxury yacht for sale, we have put together a fine selection of luxury yachts and megayachts for sale from all over the world. Search BOAT International's collection of superyachts for sale and filter by type, length, asking price or age. Narrow the results by selecting specific features, or browse by speed, designer and much more.

Explore luxury yachts for sale

Search for everything from motor yachts for sale from renowned Dutch yards including Feadship and Heesen , premium Italian names including Azimut , Sanlorenzo and Benetti , popular British builders Sunseeker and Princess , and American megayachts for sale from US yards such as Westport .

Our collection also features sailing yachts for sale from legendary names such as Royal Huisman , Perini Navi , Nautor's Swan and Jongert , as well as some of the most well-known explorer yachts for sale .

Yacht Features

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Yachts For Sale

Buy a yacht and experience the very best of the superyacht lifestyle, on your terms. This is yacht purchase by Y.CO.

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Yachting. Done Your Way.

Yacht Ownership gives you the freedom to explore anywhere in the world, whenever you want, in an environment tailored to you. A yacht is far more than an asset. It has the potential to transform your life. That's why we work on a long term basis, taking time to get to know you, so we can help you find a yacht you will enjoy for years to come. Then we leverage our in-depth market knowledge and experience brokering some of the most significant yachts in the world to negotiate it at the right price.

Yachts for Sale

No Stone Unturned

Our team has access to thousands of yachts, both on- and off-market. Your perfect yacht exists. We will find it for you.

Lady Lara

Lürssen Yachts

Calypso

VITTERS SHIPYARD

Why Buy a Yacht with Y.CO

Advisors. Not Sales People.

We sell yachts. But we don’t think of ourselves as sales people. We’re advisors. Experts. Passionate people, with an unrivalled understanding of the intricacies of our industry. So you can count on us to leverage our in-depth market knowledge and experience brokering some of the most significant yachts in the world to not only find your perfect yacht, but to negotiate it at the right price.

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Honest Advice

Advice that adapts as the market changes. Insider knowledge on hot-to-market yachts. Guidance on when to jump at a purchase, when to jump out. And the honesty to tell which yacht is fit for purpose.

Support at Every Stage

Support not just at the point of purchase, but before and beyond - from arranging technical inspections and offering support during sea trials, to calculating potential charter income, operating budgets or re-sale value.

Passionate Experts

Our team has sailed, lived, worked, raced on yachts across all seven continents. We love yachts. We live and breathe yachts. And we bring that energy, experience and absolute dedication to every single purchase.

Our Sales Team

Meet the Team

Ben Bartlett

Ben Bartlett

Ben is from a family of competitive sailors, giving him the edge when it comes to selling sailing boats. He’s also worked with our clients on new build projects in some of the world’s most iconic shipyards.

Ben Ritchie

Ben Ritchie

Ben started his career on board, and since joining Y.CO in 2017, has represented both buyers and sellers in new build construction and refit as well as sales.

Charlie Birkett

Charlie Birkett

Our Co-Founder and CEO Charlie takes an active role in all our client relationships. An expert negotiator, he’s purchased, sold and managed some of the largest, most complex yacht operations in the world.

Gary Wright

Gary Wright

Co-Founder and Chairman Gary's expertise, gained from a long career on board and at the helm of Y.CO, makes him an invaluable and formidable ally for any client entering into a yacht purchase.

James Pool

James started his career in yacht management, giving him a profound knowledge of the intricacies of ownership, which he uses to inform and advise his clients.

Jonathan Zwaans

Jonathan Zwaans

Multilingual Jonathan grew up in Monaco and has an impressive network of industry contacts, allowing him to cast the net wide to locate the perfect yacht for his clients.

Max Bulley

A former Olympic sailor, Max’s passion for new technologies has allowed him the privilege of securing the sales of some of the most exciting new designs on the water.

Igor Miskovic

Igor Miskovic

Igor started his career in yacht design and has experience in project and fleet management, and uses this depth of experience to provide solid, honest advice.

Toby Nott Bower

Toby Nott Bower

A qualified sailor, Toby loves exploring the world and brings his passion for adventure to his dealings with clients, going above and beyond to hunt down special yachts that they’ll love.

Yacht Purchase Opportunities

Our Recommendations

Calypso

"Sensational volume for her size, with a full-beam, two-level master suite." – Jonathan Zwaans

CADET V

"Impressive efficiency and innovative design combine in Cadet V. Presented in turnkey condition, Cadet V is ready to cruise away now." – Max Bulley

Como I

"Having been meticulously maintained, Como I is ready to go immediately. It’s an extremely versatile platform, not to be missed." – Jonathan Zwaans

GALENE

"The last in the popular Amels 180 Limited Edition Series, Galene offers a stylish interior, spacious accommodation and an impressive array of water toys; she is also charter-ready with a stellar reputation." – James Pool

Yachts for Sale by Y.CO

Step Aboard Your Next Adventure

Ready to take the plunge and buy a superyacht? You're in good company. Find your perfect yacht for sale with our purchase inspiration.

Adventure Yachts for Sale

Adventure Yachts for Sale

These yachts demonstrate that adventure extends beyond expedition yachts.

New Build Projects for Sale

New Build Projects for Sale

A selection of the most exciting superyacht projects and recently launched yachts on the market today.

Yacht Purchase Guide

Everything You Need to Know

Purchase Advice

Purchase Advice

Read our guide on what to look out for when you buy a yacht.

Guide to Buying a Catamaran

Guide to Buying a Catamaran

Read our guide to why you should consider purchasing a Catamaran.

Recent Sales

Recent Sales

View the superyachts we've sold recently

Your Adventure Starts Here

Your Adventure Starts Here

Chartering a yacht is the ultimate experience, and we know how to make the most of it.

Achieving the Incomparable

Achieving the Incomparable

Expert support from concept to delivery and beyond.

Effortless Ownership

Effortless Ownership

A unique set of services and solutions to make your ownership experience a joy.

Frequently Asked Questions

What Should I look for Before Buying a Yacht?

Key considerations before buying a yacht include your preferences, intended use, and staying informed about the market. Attending yacht shows or chartering can help define your needs. Working with a knowledgable broker ensures accurate pricing and a seamless buying experience.

How do I buy a yacht?

Speak to your Y.CO Broker who will advise on pricing, offering market comparisons and analysis reports. They will also arrange sea trials and inspections, supported by Y.CO's technical team. Your Y.CO Broker will collect documents and collaborate with all parties for agreement completion.

Can I View the Yacht Before I Purchase?

Yes - in fact it is highly recommended to view as many yachts as possible during the purchase process. Your Y.CO Broker will assist in creating a shortist of yachts, organise private visits, accompany you on board and will help you ask the right questions.

What Happens after Offer Acceptance?

After acceptance of the offer, a sea trial and haul out will be arranged on your behalf. This allows your Y.CO broker, our technical experts and an independent yacht surveyor to verify that all the systems on board the vessel perform as specified.

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Get in touch with one of our teams around the world.

Where you'll find us

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Why choose Burgess as your broker when buying a yacht?

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All yachts for sale

When it comes to buying a yacht we'll understand your requirements and handpick the best opportunities for you 

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Yachts for sale over 200ft

More volume means more guests, more toys, more crew and more space inside and out

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Yachts for sale from 150-200ft

Buy a yacht with plenty of room for family and friends to relax and entertain, and for business to be done

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The most popular sector of the superyacht market where you'll find all you need for your yachting experience

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Discover the Burgess difference

At Burgess, we always go the extra mile to find your perfect yacht and are here to guide you every step of the way during the process of buying a yacht. From securing private viewings to sourcing the best luxury yachts for sale from around the world, our expertise is your guarantee.

Access to luxury yachts unavailable on the open market

We don’t just have access to the largest public inventory of new and pre-owned luxury yachts to buy on the market, we shortlist your selection from a wide-reaching network of yacht owners to ensure you only ever get the yacht that you truly want.

Highly experienced yacht brokers with your needs in mind

Working together to deliver the best results is integral to the Burgess DNA, so all Burgess brokers share information globally to guarantee unrivalled market insight and ensure client requirements are always met. There is nothing more important than customer satisfaction.

Unrivalled view of prevailing market opportunities

The market moves quickly in the superyacht world, which is why we have positioned ourselves to gain the best vantage point, with access to the most attractive yachts to buy, to ensure you have a tailored selection wherever you are in the world.

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Why buy a superyacht? It is a question that can only be answered by you.

At Burgess, we know that superyacht ownership gives you year-round access to the superyacht lifestyle; the opportunity to design a custom charter vacation for family and friends; to work from the privacy of your on-board office base; explore new countries and cultures around the globe; and more... The question is, why will you buy a superyacht?

When it comes to how to buy a luxury superyacht, the 360-view offered by the Burgess in-house team of expert brokers is invaluable. Our brokers are available to guide you through the entire yacht buying process. Whether you are a first-time buyer or a seasoned yacht owner, we will navigate the superyacht market for you. 

Be it a stunning motor yacht or a luxury sailing yacht , we have the experience within our team to guide you through the process from negotiations to surveys to completion, Burgess will protect your interests at every stage of the yacht buying process.

From finding The One to stepping aboard as the owner, the Burgess brokerage team has your back. 

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A perfect fit: Feadship PROJECT 827 SAKURA finds a new owner

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Price reduction on FLY BOYS

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Price reduction on NAVETTA 42

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Burgess at Cannes Yachting Festival

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AMADEUS for sale

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SURAMA is for sale

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Sold: Overmarine's 39.7m CRAZY

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Custom Line NAVETTA 33 is for sale

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Price reduction on 38m PERLE BLEUE

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YACHT BROKERS | LUXURY YACHTS FOR SALE

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FEATURED YACHTS

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84' Lazzara Yachts

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60' Sunseeker

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43' Tiara Yachts

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Enjoy the life & escape on the water, testimonials.

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I have captained several of their vessels and worked closely with one of their brokers, Capt. Rupert Covell, who is not only an ace captain with an attention to detail, but also an excellent communicator with a strong code of ethics. I am confident that anyone wishing to buy or sell a yacht with Rupert’s help will be very pleased with the result. Extremely knowledgeable and reliable!

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I met Paul over 20 years ago when we were in pilot training together, we were both deployed in theater together back in 2006 and we had the pleasure of working together as colleagues at the same firm when our Active Duty service was complete. For all the years I’ve known him there is no one better at delivering on exactly what he has promised and providing the best service possible. Yachting and boating are shared passions for us both and I recently discussed running a yacht as a business with Paul. He hosted me at the Newport International Boat Show, he had the right appointments made and ensured we gained the most value for our time at the show. Whether you want a yacht for personal use or to run as a business venture Paul is an absolute must have person on your team.

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Kenia Deulofeu is a quintessential go getter. Her professionalism puts you at ease allowing you to explore possibilities when considering a search that may span the globe. I love the opportunity to work with a woman consultant in this industry. Kenia also being a luxury home agent is an added benefit i allowing for a seamless process.

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First and foremost, Captain Rick’s knowledge of the yacht market is impeccable. What sets Captain Rick apart is not just his knowledge but also his dedication to his clients. He was always available to answer my questions and address any concerns I had, no matter how big or small. In addition to his professionalism, Captain Rick Milroy’s passion for yachts and the maritime world is infectious. His enthusiasm for the industry and his love for the sea are apparent in every conversation, making the experience of working with him not only informative but also enjoyable. In conclusion, I highly recommend Captain Rick Milroy as a trusted yacht broker. He is a true expert in his field, a dedicated advocate for his clients, and a pleasure to work with.

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I send all my clients to Rupert Covel at JFA Yachts his knowledge and expertise in the yachting and Sailing industry is unmatched. He truly goes the extra mile to ensure every client is his top priority he is extremely efficient and most of all he doesn’t waste your time thank you for all your help. It was a true pleasure doing business with you look forward to much more to come in the future.

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Paul Minihan at JFA Yacht & Ship is the go-to person for your boat or yacht needs. As a military veteran and Naval Academy grad, his experience and integrity shine through. I’ve known Paul for over 15 years, and his dedication to his clients is unmatched. Whether you’re buying or selling, Paul’s expertise ensures a smooth and trustworthy experience. Proud to recommend him and contribute to the positive community at JFA Yacht & Ship!

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Paul from JFA Yacht has been helping me locate my first boat. He has done overtime work to learn what my needs and wants are and in many ways he has identified multiple areas where what I should be looking for haven’t matched my initial impressions. I have learned tons. I look forward to working with him and JFA yacht into the future on this purchase, and the next!

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James & Katy, Thank you for all that you have done to see us off on our dream. You’ve both been awesome!

James, you’re the best broker anywhere, you’ve gone above and beyond what any other broker should or would do. Thank you.

Katy, thanks for your support and friendship. We are lucky to have found you both.

Captain Z just recently helped us purchase our first sail boat. he kept the entire experience stress free! he is so knowledgeable and enthusiastic! the best is that after closing he has been right there helping us organize all of the equipment on board and even helped us move the boat to it’s new slip. he also graciously provided us…

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James Fachtmann is one of the few people you come across that has that rare combination of passion and expert knowledge focused solely on one thing. The yacht and marine industry. He continually keeps his knowledge base up to date whether its by visiting boat manufacturers, researching and writing articles in yacht trade magazines or just plain curiosity, he knows…

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I have recently purchased a Fountaine Pajot Saona 47 catamaran through James Fachtmann and was quite happy with the service and support he provided me throughout the process. James cares about the happiness of his customer not just in the near term but also for the long term and clearly feels he has an obligation to treat his customer ethically…

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I have recently had the pleasure of selling my yacht with the help of James Fachtmann. The service, enthusiasm and professionalism he demonstrated during the transaction was beyond my expectations and I would, in fact already have, recommended his services to some of my best friends. The ease of the selling process was in large part due to his diligence…

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Thank you for all that you have done to see us off on our dream. You’ve both been awesome! James, you’re the best broker anywhere, you’ve gone above and beyond what any other broker should or would do. Thank you. Cheers!

Kitson Yachts

kitson Yachts

Buy a yacht.

A close eye on the detail, a wider view on the practicalities. Purchase value is not just about price; we provide strategy and recommendations for the ongoing considerations of yacht ownership. We’ll do the analytics so you can enjoy the process.

Charter A Yacht

Sell a yacht.

How do we measure the success of luxury yacht sales? Speed, price, communication, privacy and implicitly representing owners’ best interests. Our exceptional global reach and tenacious integrity make it happen.

BUILD A YACHT

Building a yacht is a landmark in life. Your yacht, configured to your exacting standards, from concept to completion and beyond, requires assembling the very best team of superyacht designers, shipyards, craftsmen and experts. The fruition – the launch, is an emotion as unique as the yachts we help build.

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PROJECT ESSENCE 77 411962

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Your luxury yachting experience awaits.

Learn how Kitson can help you embark on your next great adventure.

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EXPERIENCE LUXURY, FREEDOM, AND UNFORGETTABLE YACHTING ADVENTURE WITH KITSON

Agility and sensitivity.

At Kitson Yachts, our brokers tailor services to meet individual needs, fostering long-term relationships throughout the entire yachting journey and beyond.

Strategic Presence

Kitson Yachts' global teams in hubs like the USA and Miami navigate the complexities of the international yachting market, ensuring clients access prime opportunities effortlessly.

End-to-End Partnership

We forge lasting partnerships, dedicated throughout the entire yachting journey – from management to future endeavors, we're your committed long-term ally.

Transparent Service

We prioritize transparent and unbiased service, ensuring clients receive clear insights and honest guidance for informed decisions aligned with their best interests.

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Yachts For Sale

New and used boat and yacht sales with guidance every step of the way..

Our Bluewater yacht brokers have years of yachting expertise in the marine industry with in-depth knowledge of yacht sales, long standing relationships with shipyards and marinas and yacht crew alike.

Whether you want to purchase your first yacht, upgrade or sell your current vessel, our aim is to find your perfect yacht or the ideal buyer.

Bluewater’s expert brokerage services put buyers and sellers first, ensuring you are at the forefront of the fast-moving yacht sales market.

Bluewater prides itself on exceptional sales advice, market intelligence and sourcing the right yacht at the right price. No matter where you are based, you can benefit from listing or purchasing your yacht with our yacht brokers who are leading worldwide yacht sale experts in major yachting destinations such as the Caribbean, Fort Lauderdale and the Mediterranean.

We’re passionate about yachting and helping our clients by offering a full service and unrivalled support from start to finish – our commitment is defined as ‘One Company, One Complete Service’ with listings for a large selection of yacht brands such as Azimut, Benetti, Sunseeker and Princess Yachts, as well as departments dedicated to yacht charter, yacht management, yacht crew placement and crew training, to ensure we can cater for all of your yachting requirements.

Contact us today to find your dream yacht.

Luminosity Luxury Megayacht for Sale

  • €135,000,000

Aurora Luxury Superyacht for Sale

  • €130,000,000

Endless Summer Luxury Yacht for Sale

Endless Summer

  • €2,950,000

Moonraker II Luxury Yacht for Sale

Moonraker II

  • €990,000

Jasmine Luna Luxury Yacht for Sale

Jasmine Luna

  • €5,500,000

Abbracci Luxury Yacht for Sale

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SEAGULL MRD Luxury Yacht for Sale

SEAGULL MRD

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HIYU Luxury Megayacht for Sale

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LANGKAWI LADY Luxury Yacht for Sale

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Yacht Brokerage Moran Yacht & Ship

Superyacht Sales, Charter, Construction & Management

Yacht Sales, Charter, and Construction Experts

Moran Yacht & Ship is proud to be considered one of the world’s best yacht companies; a leader in luxury yacht sales, construction, charter, and management. Whether you are interested in buying a yacht , selling your yacht , luxury yacht charter , or new yacht construction , our super yacht brokers and yacht managers are here to assist. Family-owned and operated, our luxury yacht brokerage has been the preferred choice for yacht buyers, sellers, and charterers for over three decades.

Featured Yachts For Sale

Interested in buying? Moran is proud to have the most impressive fleet of all the world’s brokerage companies. With over three decades of experience in yacht sales and purchase, along with countless time spent at sea, our knowledgeable luxury yacht brokers will guide you through the process of purchasing or selling a yacht. Learn more about our featured luxury yachts for sale here.

Luxury yacht Lurssen Marguertie for charter

Our Approach

Our experience is what sets us apart from other yacht companies. The Moran team is made up of marine industry experts, including veteran Captains and engineers, meaning that we are uniquely positioned to provide world-class superyacht services. Our team’s wealth of luxury yacht knowledge is what first draws people to us, while our straightforward approach is what keeps clients coming back time and time again. We Do What We Say, honoring our promises and commitments to clients and fellow brokers above all else. By providing honest, specialist, yet unbiased advice to everyone who passes through our door, we maintain an extraordinarily high rate of repeat business.

Featured Yachts For Charter

Want to charter or know more about how to charter a yacht ? Moran Yacht & Ship is considered one of the very best yacht companies in the world for luxury yacht charter , with an expert team who will always go the extra mile to provide you with the right itinerary, vessel, and superyacht crew . Learn more about our featured luxury yachts for charter here.

Lurssen Yacht KISMET Profile

LADY KATHRYN V

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Integrity and the relentless pursuit of the deal defines Moran Yacht & Ship - I am grateful that you were on this journey with me. This magical machine KISMET is the second yacht I’ve had built with Moran Yacht & Ship. KISMET has brought joy, hope, and the gift of discovery to many lives - including my own. You have made this world a better place! Owner, KISMET
By way of background, my business interests include controlling stakes in 3 publicly traded companies which operate vessels in the 500 to 5000dwt range. On average, one new vessel a year would be added to the fleet. As a result, I have access to in-house marine architects, engineers and construction supervisors. Consequently, when I decided to build my first large motor yacht, I did not feel I needed the services of a company like Moran Yacht & Ship. In any event, I was persuaded to let them negotiate on my behalf while I simultaneously held discussions with other building options. Moran Yacht & Ship understands yachts, their incredibly complex systems, and what constitutes a practical solution to various owners’ ideas. In short, I would not consider building another yacht without engaging Moran Yacht & Ship to provide the services they are so good in delivering. Former Owner, NORTHERN STAR

Latest Yachting News

Want to find out what we’ve been up to? View our latest yachting news, including recent yacht sales, price reductions, and completed custom yachts . Offering a full selection of yachting services, the Moran Yacht & Ship team is always busy working on our next big project. Discover our latest updates here.

ENTOURAGE Caribbean yacht charter

The Caribbean & ENTOURAGE: A Perfect Match

CC-SUMMER Yacht Charter

Yachts, Superyachts and Megayachts

Moran Yachts New Build Process

Navigating the New-Build Process

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The world’s finest luxury yachts for sale with YPI

Currently viewing 15 yachts

Fast & Furious 44.6m (146.4ft) motor yacht

Fast & Furious

  • 44.6m (146.4ft)

Gatsby 30.4M (99.9FT) motor yacht

  • 30.4M (99.9FT)
  • Filippetti Yachts

Rebecca V 25.8M (84.7FT) motor yacht

  • 25.8M (84.7FT)

Zeus I 49.9 m (163.7 ft) motor yacht

  • 49.9 m (163.7 ft)

Stern 49.6M (162.8FT) motor yacht

  • 49.6M (162.8FT)
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PN 43 42.3m (138.5ft) sailing yacht

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How To Buy a Luxury Yacht: An Expert Guide

Posted December 3, 2021 in Brokerage & New Build by Ashleigh King

Owning a luxury superyacht is a dream of many. And that dream becomes a reality with the help of a luxury yacht brokerage and an experienced broker. David Seal , of the famed Yachts for Sale YouTube channel, sat down with Northrop & Johnson CCO Cromwell Littlejohn to answer the most common questions about purchasing a yacht and to map out a complete buyer’s guide for potential yacht owners.

Size, style and builder

When shopping for a yacht, one of the bests parts is the seemingly countless options of sizes, styles, and builders. The possibilities are endless, from classic motor yachts to ultra-modern superyachts, stunning sailing yachts to global explorers and beyond. If you’re contemplating a yacht purchase, keep in mind the following questions:

  • How will you use the boat? (get VERY realistic here)
  • Are you looking for a new or pre-owned yacht?
  • Custom built, semi-custom or production?
  • Are you looking for a high-speed performance boat or one with extended cruising capabilities?
  • What size range would you like to stay in?
  • What price range would you like to stay in?
  • Do you have intentions to put your yacht on the charter market?

Once you have an idea of what you’re looking for, the next step is working with a dedicated broker to make your dreams come true.

Your broker is your new best friend

At N&J, our team of well-rounded brokers has the skills and the passion for finding you your perfect yacht.

“The process of buying a brokerage yacht is pretty straightforward, the devil is in the details,” states Seal.

“Having that information and guidance from an experienced, knowledgeable broker is key,” Littlejohn assures.

Your broker will compile a list of yachts on the market – and perhaps include options not publicly known to be available that best meet your search criteria, such as styling, number of staterooms, amenities and budget.  

Let’s negotiate

Once you and your broker have selected the perfect yacht, the next step is negotiation, presenting offers, sea trials and surveys. Your Northrop & Johnson broker will walk you through all the necessary steps and prepare you for what to expect during this process.

Seal asks, “Do you recommend people try a cheeky offer first, a very low-ball offer?”

“I think we’re always trying to get the boat at the best price we can for our clients. What we don’t want to do is come in so low that we insult somebody and then find that they no longer wish to negotiate with us…we’ll do all the necessary market research and find data that provides us with a well-rounded understanding of the boat’s true value on the market. This way, we can get in and out of it properly, and from there we’ll advise and see where we end up” replies Littlejohn.

“Let’s say the offer is accepted; where do we go from there?” says Seal.

Littlejohn says, “If we back up a bit, we can get to how we present that offer. To present the offer, we need to put it in writing on the best contract to use, then there are some dates we have to concern ourselves with; these also need to be added to the contract. These include acceptance/rejection dates, closing dates, etc… We put the number down [with] any additional terms we may be considering such as sea trials and surveys and such, and then from there we put the agreement together; we need to be prepared to back that up with a 10% deposit based on the selling price that we’re offering.”

What happens next?

Your N&J broker will assist in scheduling a buyer’s sea trial and condition survey. This is to essentially “test drive” the yacht and have the opportunity to identify any deficiencies or discrepancies, whether that be mechanically or aesthetically.

Littlejohn states, “There may be further negotiations post-survey based on the findings. This may allow us to get the owner or the seller to fix items or give us a monetary credit for those items that we can fix once we own the boat.”

“That’s a really important point for [those] who have not bought a yacht before or are thinking of buying a yacht,” states Seal. “…this is not like buying a used car where you take it off the lot, and it’s your problem after that- you do your sea trial and survey and let’s say for example that I’ve offered $4,00,000 on a yacht, and you take it out to sea and the stabilizers don’t work-it’s not a take it or leave it situation is it?”

Littlejohn replies, “…we may go back to that seller and ask them to fix that and repair it, and in most cases, we’ll make those repairs subject to our surveyor’s review of the repairs and confirmation that they were done in a proper and “yacht-like” fashion, or we may come back and say we think it’s going to cost us this much and we’d like to re-negotiate the agreement to that extent.”

Once a final agreement has been made post sea trial and survey, the necessary documents will be exchanged. There are a few other factors to consider before the payment is made and the sale is completed.

“We’re now getting to acceptance day. The buyer will have to register the yacht. How easy is that, and, as a brokerage company, how involved does N&J get with that side of things?” asks Seal.

“Most of the brokers, especially those at N&J, are familiar with the requirements, the benefits and the downfalls of the different flag states. Each flag state has its own set of rules, which sometimes go as far as licensing requirements for crew, how many crew you have to be (safe manning requirements). As such there are several choices when it comes to flag states. Knowledgeable brokers have upfront conversations with their buyers about all of these aspects of yacht registration,” answers Littlejohn.

Some new yacht buyers may feel they can navigate the waters of yacht purchase on their own, but factors like where to register a new yacht really showcase the importance of having an experienced broker in your corner who can guide you in the right direction for your needs. Once all the technicalities are sorted out, the payment is submitted and the deal closed. But much like taking home an infant from the hospital, there is no “handbook” on yacht ownership. This is another reason working with an experienced broker is advantageous. Your broker will advise you on all things concerning yacht ownership. From documentation and insurance to crew and charter marketing, your broker will guide you on how to best manage your new vessel.

A common question answered

One of the most common questions regarding yacht purchase: “What’s it all about when you see an advert on a yacht, and it says “Not for sale or charter to U.S. residents while in U.S. waters?” asks Seal.

“That’s a law that goes back hundreds of years in U.S. history, and it disallows the ability to offer boats for sales or charter to U.S. residents if the boat is foreign-built or foreign-flagged and has not been imported into the United States. There are a few different ways to navigate this restriction. One is to have the seller move the yacht to a free trade zone (FTZ). This is a new option that only came about within the last three or so years. Another way for US buyers to purchase foreign-built or foreign-flagged yachts is to purchase them at a boat show under a boat-show bond or to close the deal on the yacht offshore in international waters or a country close to the US. In many cases, before free trade zones, buyers and sellers would cruise the yacht from the US to The Bahamas for the buyer to inspect and purchase the yacht legally.” answers Littlejohn.

“We’re actually in a free trade zone here (in Fort Lauderdale at the Northrop & Johnson office); what’s the benefit of that to Northrop & Johnson?” asks Seal.

“It gives us the ability to sit boats right outside of our office and offer them for sale to U.S. residents while in the free trade zone. It makes the whole process much easier for both the seller and the potential buyer as he or she can come to the N&J office and inspect or purchase the yacht with ease,” states Littlejohn.

Northrop & Johnson’s industry-leading knowledgeable yacht brokers have decades of experience in both yacht sales and purchase. They have access to the world’s most advanced yachting tech tools and databases, ensuring they have their fingers on the pulse of the industry. If you have any questions about yacht purchase, please contact a dedicated N&J yacht broker today .

If you’re interested in  buying  or  selling a yacht , contact the professional team of yacht brokers at Northrop & Johnson today. As a world-leading yacht brokerage, Northrop & Johnson offers access to thousands of luxury  yachts for sale around the world, including private yachts not publicly advertised for sale. From yacht sales to new construction, contact our team of  yacht brokers  to get the results you need.

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More From Forbes

Classic feadship yacht ice bear up for bid at boathouse auctions.

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The Classic 1988 Feadship Ice Bear is up for bid with Boathouse Auctions. Well kitted out for ... [+] sportfishing, she is also a luxurious superyacht.

In 1988, a beautiful new Feadship yacht was built at the Dutch shipyard for Jim Moran. He named it Gallant Lady . Moran, an automotive entrepreneur, would go on to build scores of yachts, seven of which were Feadships. All of his Feadships shared the name Gallant Lady.

The fourth Feadship build in the Gallant Lady sequence, this particular edition gained not only length but also in detail far beyond her predecessors. Built with a relatively flat shear and raised bow to the main deck level, the most notable design detail would prove the vertical glass rimming the observation deck.

Ice Bear is a true sportfishing yacht, as illustrated by the two fixed fighting chairs backed up by ... [+] a gallery sofa for spectators, and a raising storage compartment behind the sofa to store and protect precious fishing rods and reels.

A Little History

Gallant Lady IV would later be renamed Ice Bear upon becoming the private yacht of Jim Scott, Jr., Chairman and CEO of construction and engineering firm Kiewit, and friend of Warren Buffet. Designed and built with all the expertise and craftsmanship expected of a Feadship, Ice Bear's classic design holds her own quite well with contemporary yachts.

Scott owned Ice Bear until his passing in September of 2021. Under his ownership, the yacht was exclusively used for private groups and was meticulously maintained, putting her in a class of her own with regard to condition.

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The upper deck observation lounge on the Feadship Ice Bear offers great views, comfy seating, and a ... [+] great spot for social gathering.

Ice Bear By The Numbers

Built with a steel hull, an aluminum superstructure, and teak decking, Ice Bear measures 170.6 feet (52 meters) in length with a 30.5 foot (9.6 meter) beam, weighing in at 614 GT. Two 1,175 hp Caterpillar engines drive Ice Bear to a maximum speed of 15 knots with a cruising speed of 13 knots. A true trans-Atlantic traveler, Ice Bear has a range of 4,850 nautical miles.

Interiors were originally designed by Paola Smith and Jan Moran. Ice Bear's five spacious cabins accommodate 10 guests, with a full beam main deck master suite embracing a study, seating area, and generous windows. Four additional cabins on the lower deck, two doubles and two twins, are also designed with seating areas and en suite baths. Crew accommodations secure berths for 11.

Ice Bear's upper deck saloon beckons for a film or a casual gathering, with plentiful seating, a big ... [+] screen, and lots of windows.

A sky lounge gives guests a panoramic perch even while underway. The observation lounge on the upper deck offers another option for gathering protected by expansive glazing and graced with a wide angle view. The main deck dining area in the main saloon is served by a full galley with generous work spaces, double oven, grill, stovetop hobs, double sink, spacious refrigeration, and ample storage.

The bridge deck has a large seating area perfect for cinema viewing, a discreet and convenient day head, captain's quarters, and the wheelhouse. The wheelhouse, while serving as command center to the captain and crew, also accommodates guests with a pair of elevated sofas with high tables.

Two fighting chairs on the aft main deck make for exciting action. The raised sofa seating gives the ... [+] gallery of spectators a great view while keeping them safe.

On the main aft deck, two fighting chairs take the spotlight, with raised sofa seating in a pleasant curve for keeping the spectacle in view. Behind the sofa, a hydraulic storage space rises to reveal the prized fishing rods and reels. For other water activities, a 28-foot Shamrock sportfisher sits transversely atop the upper deck. An 18- foot RIB tender is also on board.

Auction Details

Currently scheduled for opening bids on October 10 at 4 pm EDT with an October 15 hammer drop, registration for bidding is through Boathouse Auctions . Registration requires a bid deposit of $100,000. Opening bids are predicted between $3-4 million.

Kathleen Turner

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NBC New York

British tech magnate Mike Lynch, 2 US citizens among missing after luxury yacht sinks off Sicily

15 people were rescued and one body believed to be the cook was found near the wreck, but six others were unaccounted for and believed inside the hull, by andrea rosa and nicole winfield | the associated press • published august 19, 2024 • updated on august 19, 2024 at 6:21 pm.

British tech magnate Mike Lynch and five other people were missing after their luxury sailing yacht sank during a freak storm off Sicily early Monday, Italy’s civil protection and authorities said. Lynch’s wife and 14 other people survived.

Lynch, who was  acquitted in June  in a big U.S. fraud trial, was among six people who remain unaccounted for after their chartered sailboat sank off Porticello, when a tornado over the water known as a waterspout struck the area overnight, said Salvo Cocina of Sicily’s civil protection agency.

One body was recovered, and police divers spent the day trying to reach the hull of the ship, which was resting at a depth of 50 meters (163 feet) off Porticello where it had been anchored, rescue authorities said. They returned to the site after 10 p.m. to see if it would be possible to search through the night, when weather conditions were expected to worsen, said Luca Cari, spokesman of the fire rescue service.

24/7 New York news stream: Watch NBC 4 free wherever you are

It had a crew of 10 people and 12 passengers, the Italian coast guard said. A sudden fierce storm had battered the area overnight, and struck the place precisely where the 56-meter (184-foot) British-flagged Bayesian had been moored.

“They were in the wrong place at the wrong time,” said Cocina, noting that another superyacht nearby wasn't as badly damaged and helped rescue some of the 15 survivors, who included Lynch's wife Angela Bacares.

The Bayesian was notable for its single 75-meter (246-feet) mast — one of the world’s tallest made of aluminum and which was lit up at night, just hours before it sank. Online charter sites listed it for rent for up to 195,000 euros (about $215,000) a week.

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One of the survivors, identified as Charlotte Golunski, said she momentarily lost hold of her 1-year-old daughter Sofia in the water, but then managed to hold her up over the waves until a lifeboat inflated and they were both pulled to safety, Italian news agency ANSA reported, quoting the mother. The father, James Emsley, also survived, said Cocina.

U.S. & World

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An explosion at a coal mine in eastern Iran kills at least 34 workers

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Manhunt launched for ‘multiple shooters' after at least 4 killed and 18 injured in Birmingham

Karsten Borner, the captain of the Sir Robert Baden Powell, said he had noticed the Bayesian nearby during the storm but after it calmed he saw a red flare and realized the ship had simply disappeared, ANSA and the Giornale di Sicilia newspaper reported. Borner said he and a crew member boarded their tender and found a lifeboat with 15 people, some of them injured, who they then took aboard and alerted the coast guard.

Eight of those rescued were hospitalized while the others were taken to a hotel. One body believed to be the cook was found near the wreck, but six others were unaccounted for and believed inside the hull, said Cari, the fire rescue spokesperson. The rescue operations, which were visible from shore, involved helicopters and rescue boats from the coast guard, fire rescue and civil protection service.

#Palermo , naufragio imbarcazione a Porticello: recuperato dai #sommozzatori dei #vigilidelfuoco il corpo senza vita di un uomo, all’esterno del relitto. Proseguono le operazioni di ricerca con il coordinamento in mare della @guardiacostiera [ #19agosto 11:30] pic.twitter.com/Y2m9o5ohCe — Vigili del Fuoco (@vigilidelfuoco) August 19, 2024

Fisherman Francesco Cefalu’ said he had seen a flare from shore at around 4:30 a.m. and immediately set out to the site but by the time he got there, the Bayesian had already sunk, with only cushions, wood and other items from the superyacht floating in the water.

“But for the rest, we didn’t find anyone,” he said from the port hours later. He said that he immediately alerted the coast guard and stayed on site for three hours, but didn't find any survivors. “I think they are inside, all the missing people.”

He said he had been up early to check the weather to see if he could go fishing, and surmised that a sudden waterspout had struck the yacht.

“It could be that the mast broke, or the anchor at the prow pulled it, I don’t know,” he said.

Cocina said the crew and passengers hailed from a variety of countries: In addition to Britain and the United States, passengers and crew were from Antigua, France, Germany, Ireland, Myanmar, the Netherlands, New Zealand and Spain, he said.

Among the dead and missing, four were British, two were American, and one was a man with dual citizenship from Canada and Antigua, according to Luciano Pischedda, the Italian Coast Guard official overseeing the rescue operations.

The UK Marine Accident Investigation Branch is deploying a team of four inspectors to Italy to conduct a preliminary assessment. The Foreign Commonwealth and Development office said it was “providing consular support to a number of British nationals and their families.”

Dutch foreign ministry spokesperson Casper Soetekouw said the lone Dutch citizen on board, a man, had been rescued and was not in life-threatening condition.

Lynch, once hailed as Britain’s king of technology, was cleared in June of fraud and conspiracy charges related to Hewlett Packard’s $11 billion takeover of his company, Autonomy Corp.

The not-guilty verdicts followed an 11-week criminal trial in San Francisco that delved into the history of HP’s  2011 acquisition  of Autonomy, a business software firm founded by Lynch.

The  fraud accusations  represented a dramatic turn in the fortunes of an entrepreneur once described as the Bill Gates of Britain — a title he seemed to live up to when he netted an $800 million from the Autonomy sale.

The acquittal vindicated Lynch, who had vehemently denied wrong doing and portrayed HP as a technological train wreck.

“I’m looking forward to returning the UK and getting back to what I love most: my family and innovating in my field,” Lynch said in a statement released after the verdict.

The yacht, built in 2008 by the Italian firm Perini Navi, can accommodate 12 passengers in four double cabins, a triple and the master suite, plus crew accommodations, according to Charter World and Yacht Charters.

The vessel, which previously was named Salute when it flew under a Dutch flag, featured a sleek, minimalist interior of light wood with Japanese accents designed by the French designer Remi Tessier, according to descriptions and photos on the charter sites.

AP writers Danica Kirka and Sylvia Hui contributed from London.

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    Bidding opens October 10, 2024 through Boathouse Auctions on this classic 171-foot 1988 Feadship superyacht equipped for sportfishing as well as luxury cruising.

  25. Sunken superyacht believed to contain watertight safes

    Rescue personnel transport a body after a luxury yacht, which was carrying British entrepreneur Mike Lynch, sank off the coast of Porticello, near the Sicilian city of Palermo, Italy, August 21, 2024.

  26. 1 dead, 6 missing after luxury yacht Bayesian sinks off Sicily

    British tech magnate Mike Lynch, 2 US citizens among missing after luxury yacht sinks off Sicily 15 people were rescued and one body believed to be the cook was found near the wreck, but six ...