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Yacht Market Gets A Boost As British Buyers Splash The Cash

25th June 2014
Yacht Market Gets A Boost As British Buyers Splash The Cash

#TradeNews - Yacht sales are on the upswing in Britain, with one superyacht broker reporting five deals in a single week for a total of a whopping £32 million (€39.9 million), according to Mail Online.

While mega-rich elites in the Middle East made up the bulk of the buyers during the lean years of the recession, now the western market is re-emerging - with the latest sales going to a German, an American and two wealthy Brits.

The new buyers, from brokerage Edmiston, are following the trail blazed by F1 mogul Eddie Jordan, who recently took the keys to his 155-foot superyacht that was revealed earlier this year by manufacturer Sunseeker.

And all this is in addition to a reputed 15% rise in luxury yacht charters, fuelling an insatiable appetite for opulence on the waves.

Mail Online has much more no the story HERE.

Published in Marine Trade
MacDara Conroy

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MacDara Conroy

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MacDara Conroy is a contributor covering all things on the water, from boating and wildlife to science and business

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