Over the last few years, luxury yachts are being built in accordance with the modern technology and are available at the brokerage market via our Constellation Yachting Brokerage Firm. It is highly important for the owner to consider carefully before taking a decision of construction a yacht. Building a new yacht means having a complete control over it because she is a product that you have made yourself. When buying a super yacht, you make sure that she can be refitted and modernized. In a nutshell, a new yacht has no limitations. On the other hand, when purchasing an old or a pre-owned yacht, you are at the mercy of the decisions made by the previous owner and these decisions could be taken years ago!! This means that current options and modern amenities and modern technology could be unavailable nowadays.
Sometimes, the owners desire to see certain qualities on board. Every yacht owner has a wish list of features he considers as being important for the yacht he has a design in mind. On the part of the yacht owner, he considers that every single detail could be turned into a new design.
Of course, the funding is important to consider if you have made a decision to build a yacht instead of buying new or a pre-owned one. Apprehensions should be taken into account that construction a yacht needs a large up down payment than you need for a pre-owned brokerage purchase. A new yacht construction owner likely sees a great value out of this investment that could be true during the earliest years of his ownership. We think that you know that newly constructed yachts have lower maintenance budgets, of course, than pre-owned yachts because all systems are recently installed and are still under warranty. Finally, newly built yachts have better chance for entering the charter market with the highest luxury yacht rates.