Going on a yacht vacation can be an amazing adventure full of food, entertainment, and stunningly beautiful sights. However, if this all has you considering cutting out the middleman and purchasing a superyacht for yourself, there are a few things that you need to keep in mind before taking that leap.

What to Research

The process of buying a yacht is often a lifetime pass time for some people. What this means is there is a lot of research and number crunching to be done. One of the best ways to start your research is by going on a guided tour, this will help expose you to a lot of different yacht options and help you narrow your view to which type of superyacht is likely the right one for you and your specific needs. 

The At-Sea Experience

It is a really good idea to charter a yacht before you purchase one. This will help give you the full at-sea experience and a better understanding of what will go into having a superyacht. This will also give you a good opportunity to check over the amenities, safety features, and other elements of the yacht in order to have a good understanding of what you would want in your own superyacht (such as interior upgrades, etc.)

Develop a Budget

Buying a superyacht is going to be one of the largest expenses you will likely make at the time, so it is vital that you develop a quality budget for the adventure. This includes being prepared for maintenance, repairs, paying for a crew, fuel, insurance, and all of the associated taxes. As part of the budgeting process, you will also want to make the decision of if a new or used superyacht is best for your specific needs. 

This article was written by Ed Massey, President of Massey Yacht sales and service. Massey Yacht Sales & Service has continuously been in the yacht sales and outfitting business since 1986. At Massey, customer satisfaction has been and will remain our most important measure of success. If you are looking for yacht brokers in Florida then contact us today!