SuperyachtNews.com - Business - Palm Beach to see strong representation from US-built 45 – 50m yachts

By SuperyachtNews

Palm Beach to see strong representation from US-built 45 – 50m yachts

Nine of the fourteen 45–50m motoryachts at the show this year will have been built on home soil.…

Without question, the alleviated presence of brokerage firms at the Yachts Miami Beach show this year was for an amplified representation at the impending Palm Beach International Boat Show (PBIBS) – a show that, last year, was teeming with qualified buyers.

From the $1.2 billion of yachts set to be on display at PBIBS this year – and a roster of yachts at local Rybovich marina not inordinately incomparable in value and stature – the strong representation in the larger LOA categories of yachts completed on home soil is particularly noteworthy. Most prominently, the 45–50m sector, which comprises nine yachts built on home soil.

The gallery shows the nine US-built 45–50m, sub-500gt motoryachts that will be on display. As you can see, there really is something there for buyers at every level. At the top of the pricing range sit three Christensens between eight and 10-years-old: Casino Royale, Match Point and Lady Joy.

The market value of these vessels is considered to be comparative to the Westport 164 Wabi Sabi, a GRP construction, which is two to four years younger than the above-mentioned Christensens.

Then comes Mia Elise, ­which had a $3 million refit in January 2016, including a paint job and five-year ABS survey. At $40,816/gross ton and seven years old, Mia Elise, on paper, looks to be one of the more competitively priced yachts for sale.

The same goes for Mustang Sally, another Trinity, which is asking $14,559/gross ton less than the comparably aged Casino Royale, the highest priced vessel from the selection.

Towards the bottom of the pricing spectrum are some options that are about 10 years older than the majority of yachts for sale, and/or have a marginally lower volume.

So, considering the US-built 45m+ segment has seen very little in the way of new build activity in recent times, it’s certainly a good opportunity for US loyalists to scour the second-hand market for domestic vessels at a variety of pricing levels.

Join the discussion

Palm Beach to see strong representation from US-built 45 – 50m yachts

27061

To post comments please Sign in or Register

When commenting please follow our house rules


Click here to become part of The Superyacht Group community, and join us in our mission to make this industry accessible to all, and prosperous for the long-term. We are offering access to the superyacht industry’s most comprehensive and longstanding archive of business-critical information, as well as a comprehensive, real-time superyacht fleet database, for just £10 per month, because we are One Industry with One Mission. Sign up here.

Related news

Image for Careering after a fair market value

Careering after a fair market value

Are too many genuine sellers falling into a buyer-less void left by ‘not-serious’ sellers?

Owner

Image for The clandestine approach

The clandestine approach

In an industry where businesses are so definitively empowered by information, how is withholding key information that could drive internal development of a

Business

Sign up to the SuperyachtNews Bulletin

Receive unrivalled market intelligence, weekly headlines and the most relevant and insightful journalism directly to your inbox.

The SuperyachtNews App

Follow us on