Since 2020 and the pandemic the yacht market has been busier than ever before, but has the madness finally come to an end?
For anyone who’s been holding off buying, or selling, things have shifted. “The reality is that the market is not how it was this time last year. We’ve reached a level of relative normality now. Today we are seeing a slower moving market, with more carefully thought-through sales and purchases,” explains broker Alex Grabau.
“Clients are expressing what they are looking for with a view to it coming on the market in the future, while sellers are taking their time – either holding off selling or coming to the market with a higher price and being prepared to wait a little longer to sell. Those holding onto boats are having an influence on pricing staying high.” In other words, while time scales have slowed down a little and buying a yacht