Why are so Many SuperYachts for Sale?
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- Опубліковано 14 жов 2019
- #superyacht #superyachts #yachts #boats
A question I was asked recently about the SuperYacht industry. I talk about this plus other items concerning SuperYachts in today's video whilst looking at some nice Yachts in Genoa..
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If it fly’s, floats or f#%&’s..... rent it by the hour
How cruel the world is.....so true!
Lol
😂🤣
Truth
Cheaper for sure, especially the last one
good name for a yacht “For sale”
😂😂😂😂
For sail...😝
Fore Sail
DID YOU MEAN " FOR SAIL " ? LOL!
Abbot and Costello level hijinks would ensue every time you made a radio call with that name.
Would love to see a video describing all the differences between a $30 million yacht vs. a $300 million yacht.
Size
That’s a great idea. I’ll add it to my list of video ideas
Beyond a certain GRT and guest capacity (12) yachts need to comply with cruise ship regulations, which a lot of owners actively avoid. Octopus and Eclipse for instance have lifeboats on davits, which spoil their lines somewhat
Exactly. Some are basically the same size but 10x more.
About $270 million give or take..
Things are bad all over, I had to sell my bicycle to make ends meet
Eagle1 😂😂😂
TOO FUNNY !!!
Thanks for the 'Walk & Talk" Love how you do your home work on these BIG BOYS!
The two happiest days of a yacht owner: The day you buy the boat and the day you sell the boat...
Cliche
Sounds like a horses o
1st day of ownership and the day you sell them. Hay. Oats
Vet bills, transportation. Boarding, and the lost goes on
Granted does not compare to a yacht
Sailboats are worse
moinmoin 😂
actually that is not correct. selling a boat, whatever it is, is the most depressing experience ever. it is allways a buyers market.
Thank you, clear and with no condensing comments...
YOU DID NOT ANSWER THE QUESTION ???
Thanks for this. You always seem to answer the questions that have been burning in my brain, the answer showing me that I fail miserably to think like a billionaire!
Because the owners are tired of their toy and want to get rid of it or they want a bigger newer shinier toy.
Another interesting video.
It's always nice to see the notification that you have broadcast a new video.
Great job.
For me, Riva definitely makes the most beautiful boats! I really love their little Rivamare. Looking forward to seeing your episode on Riva!
Genshi Media Group I agree, love the Aquarama boats.
FEADSHIP all the way yoo
Thanks for educating us (your Fans/subs). Your videos are consistently insightful.
Great video. I love these walks that you take and give us information that you know to be true. Just like you I would love to just go in a few to look around.
Never stop learning something new from you.
Thankyou.
Great video your videos are getting better and better!!! I like your in sight and knowledge of the industry and also good use of background music as well.
Great video !❤ your videos and commentary . Always look forward to the next one
Thank you Yacht Sensei, .... If that was plan B, I wonder what plan A was. Thank your for your diligence in bringing us content, that is not found on other sites, especially your delivery. Look forward to your next Q&A.....
Great video love your relaxed presenting style , and all the things you tell us about these yachts we would never know !
Love your knowledge and no nonsense videos.
Your videos feel chill, I like it.
You're special..I learn something new every Vlog you make..Thanks
Great insight into the industry from an 'insider'. Keep it up.
i really enjoy your dock walks with the additional information. It's highly informational and entertaining. Loved the shot of the harbour crane at the end but for me the best harbour crane is at Porto Montenegro. Love that place
Used to have home there! I am allergic on the people over there. Entire place/coast is really beautiful.
Love these insights into the industry! Fascinating!
Love your content. Surely with the amount of subs you have now you could lever some more walk throughs... (fingers crossed here...)
Keep it up mate 👍
Someone named their boat after the morning after pill. How awesome is that.
Another awesome video. Fascinating information. Great videography and editing. What a cool video! Thanks! One of these days, could you please do a video (or two) on some of the cool mega sailing yachts? Thanks again!!!
Thank you for your tours to see great yachts ships.
Thanks. It is nice to look at some very good looking yachts. That is a great life. I am glad you have worked on yachts and you are able to share that experience. Again thanks.
Love your commentaries. Your posts are always the first I watch every day. Never late at night though because then it is hard to sleep. I have shared many of them to friends from Bahamas to St. Petersburg. Lima to Bucharest. Nanjing to Rio. Thank you,.
Love your insights into the boats> I only wish I could be there discussing them with you! :)
I like people who like to entertain, because I like to be entertained.
Thanks for this video. Great job.
Love Riva yachts and just fooking knew you would too! Great taste, gimme that Riva video asap 😎
You could buy either one of those super yachts or the entire Belgian navy.
Good, interesting video. Thank you!
I love these yachts, I can't even afford the water filtration system 🤣
I love watching this channel with a coffee in the morning
whuzak enjoy your coffee
@@AnglersUAE I wish mate, maybe one day :)
@@AnglersUAE I wish mate, maybe one day :)
Helping you out on your way to 100k. Well deserved!
Thank you for posting this video.
The problem with trying to sell a +$100 million yacht is that all the guys who can afford it can also afford to build a brand new yacht.
That’s true but they have to wait 3-5 years whilst it’s being built. With a ready built yacht they can get it right away. Usually they will then take it back into the shipyard for a refit to make it to their personal taste but that’s maybe 4-6 months.
@@eSysmanSuperYachts not it's also because the rich nowdays are not spending as much money as they used to.
@@banzaaiiiii may be
The real reason why so many SuperYachts are for sale is because the global economy is starting to tank. In a few year's you'll be able to buy a SuperYacht for pennies on the dollar, the owners will be begging for you to take them off their hands. All of this cheap nasty debt has fueled the big boom in SuperYachts in the last ten years. World debt according the the BIS is over $250 Trillion, it was $165 Trillion before the GFC in 2007. Thanks for your great channel, I always look forward to you posting a new video, keep up your great work.
Well that didn’t happen in 2008. I worked in the Industry through all of fallout if that. It didn’t seem to affect the people o worked for to any discernible degree.
I love Genoa.
Love looking at the super yachts.
What yacht are you talking about at the beginning? Can't hear you mention the name
Great video as always, thanks !!
Very informative,, Thank you for this video.
When a boat is on charter how much influence / control does the crew have on the guests behaviour? I’m thinking about wear & tear and potential damage to boats under regular charter - then the owner has a ‘tardy’ boat when they use it. Simon
Sunrise in Genoa comes full circle for you. My sailing yacht was called Sunrise Sunset. One of my land homes also carried that name.
Informative👍🏾
Real Nice footage . You have a calm and collected presence .
SUNRISE the little big things .. creative regards B19
Could this be another small indicator. That the ultra rich. Are preparing for financial instability. Discounts on super yacht's.
Yup
Life's Good there has ALWAYS BEEN massive amounts of dumb ass yachts for sale.
The ultra rich hardly ever keep anything like a Yacht for a long period of time. It's more for show than something to keep. Never keep anything for long periods of time that you can't profit from.
@76 You are so right. People don't know how deep this goes. Money being backed by oil and being printed out of thin air has allowed Banks, Intel Agencies and Energy industry to suppress certain new forms of energy that are not only cleaner than oil and coal but more powerful and extremely cheap if not almost free. President Trump moving money back to the Gold Standard won't just fix our financial system but will lead to release of energy technologies that will make life so much easier for the average person. The cost of living for the average person would become extremely cheap. Those liberal environmentalists are too stupid to realize President Trump will be the best President they've ever had because he is about to move humanity into a Star Trek like era an era that Democrats and Globalists wanted to keep humanity from having. They've been sitting on these new technologies since the 80s and were allowed to because these new technologies would run the OIL companies out of business which would have destroyed the US dollar . Giving Bankers and oil companies full control over our society.
Coronavirus happened.
Hi eSysman! Amazing video as always :) Would you mind doing a video about how to get into yacht/superyacht business as a captain? What licences do you need, certificates, experiences etc. and maybe a little bit of inside on how did you get into this business? It would be really awesome. Thank you a have a great day!
I’ve already done a couple of videos. ua-cam.com/play/PLkp667XjXLBntWXRMuux1HjOZvD9t_YZE.html
I've owned many Boats, not Super Yachts but pretty high end Fishing Rigs. They are fun, also Money and Time Pits.
I'm building my own Sailboat now. Never had my own Sailboat. The maintenance cost appears to lower than Power Boats. I suppose I will find out.
I was waiting for him to answer the question
Such a good channel!
Great vid thanks
Having viewed quite a few of the accommodations aboard superyachts (on UA-cam), the only one that I thought tasteful, proportionate and one in which I would like to stay was accommodation for the Chief Engineer or Captain, which consisted of the bed with an on suite toilet and shower room, and a small built in couch and separate office desk with chair.
It was tastefully outfitted in a lovely wood (cherry, I think) and was a lovely sized and outfitted cabin, completely unlike the rest of the accommodations for host and guests!
I'm not sure if it's down to my working class background or if the accommodations aboard superyachts really are uber gaudy and almost a caricature as owners desperately try to outdo one another with supposed opulence and glamorous surroundings...
The whole idea of a private 'super yacht' is so repulsive, I'm not surprised the owners are tasteless bums.
@@therealrobertbirchall Sound kinda jealous.
Very nice...Thank you...
Great video. Did I miss something. You have a gt2 rs. Video please
Check my channel. There is a series of videos.
Yeah, I'll take Octopus and go looking for some more WWII wrecks, or maybe search for that missing Malaysian plane.
The best 2 days of a boat owners life. The day he bought it and the day he sold it.
As the saying goes...."The two best days of your life are the day you buy your boat, and the day you get rid of it"!
When you realize,it becomes a floating brothel with all those aboard,you decide that you already spent enough for it...
This didn’t give me anymore knowledge related to your title to suck me in to watch. I will be nice today and not give it a thumbs down.
Love your videos! A question, what do the crew quarters look like and what do they do down there to keep occupied? Are the crew allowed to hang out on deck at times? What do they get paid? Thank you!
What do they do to keep occupied? Well they do their jobs, There is always a load of work to do. Often during these times when teh owner is not using the boat, lots of servicing is done on engines, teak floors, Cleaning of tanks etc. There are huge lists of jobs that cannot be carried out when the vessel is in use.
Octopus visitedFT Lauderdale a number of times loading supplies for its extended research crusies.I was at Pt Everglades perhaps 5 years ago and it looked only slightly smaller than a Carnival cruise ship.That visit it loaded supplies from six 40 foot containers. I spoke briefly with a couple of crew members who said the food the crew ate was the equal of anything first class passengers ate on the Cunard Queens.And that often Mr Allen joined the crew. HE and his research ideas will be sorely missed
Very interesting channel, ive subscribed, cheers
Good bit of defensive parking by the Bentayga.
Are you using Grecian 2000?
Nice video, what happens to super yachts when they get too old, lets say octopus, when do you think they will scrap it?
after 20 or 30 years or what is your opinion?
Hmmm, out of all of those I'd want....... the Bergamini in the back of the opening shot!!!! Quite a bit more expensive than those pauper bathtubs though :o
I’ve heard the happiest two days in a yacht owners life are the day he buys then yacht and the day he sells the yacht.
What was the cruise ship docked across the harbor as I could not make it out? And, so where is Plan B?
Is that the same Sunrise that grounded in Florida a few years ago? Maybe the reason for the "rebuild" =)
Does the price of Octopus include the submarine and helicopter? If so, I'm interested =D
Great place
This morning I saw the Boss leaving and all the crew were in Boss on Uniforms. Now the crew are all pissed up and acting the goat 😂😂😂
What is the average depreciation for an ocean going yacht ?
A possible use for mega-super-yachts. They could be turned into underwater man-made reefs to support marine life ecosystem development 🙂
How often do they have to put more quarters in those meters?
The average ownership of a yacht is a little over three years. I think they sell them for three reasons. 1. That was great but time to move onto some thing else, not worth what it costs. The cost is always more than anyone tells you it will be. 2. That was great let's get a bigger one. 3. the owner dies or gets sick. The time it takes to sell one is about a year. Thanks for another great video, always enjoy them.
Which yacht was there?
These prices are insane!!! The new busch stadium cost $365 million to build. I guarantee it costs less than $20 million to build these boats. Awesome profit margins!!!
Octopus is simple. Microsoft Paul Allen died..
You said that any yacht that accommodates more then 12 guests is then classified as a passenger vessel, does said yacht now have to register or become a commerical vessel? How does this work?
About your remarks on Achilles, being an older boat, it is complicated to take the tenders off the deck. Arguably they could go on the foredeck but that would imply to modify the superstructure a fair bi and put a crane obviously. Then, about deck space, it has one of the largest bridge deck space of any 180 ft yacht. You could probably play cricket up there ! Actually if I am not mistake the tenders used to be positionned originally up on the bridge deck. Then about the "small size" yes I agree with you, nowdays it is a "fairly average sized boat" but it is still 55 mt and when launched in 1984 it was in the Top 100 yachts in the World.
Can you cross the atlantic with any boat or do you need a license
Did you ever visit Alloy Yachts int.NZ I feel I have met you. I was in interior design for some years.
When I see a yacht, the first things I examine are the gangplank and the stairs. Are they a safe design, with handrails that go the whole way? If not, the boat has klass with a capital K.
What the hell happened to the first boat you worked on?
I guess being a billionaire "ain't what it used to be".
I'd still like to give it a try though...
not going to stay a billionaire if you buy and maintain a superyacht.
How much time do they spend on them per year?
Can anyone tell me does yachts go out of commission or go obsolete? If yes then how long is their lifespan?
i love your videos and i've watched them all but i'm curious....what size range do you usually work on? Maybe you've said it before but i must have missed it.
P.S. I understand your need for privacy; so if you can't answer no worries
Smallest I worked on was 68m, the largest was 130+m. But usually over 90m
I enjoy watching your videos.
I would like if I could watch more videos of tour's inside yacht's.
I did tour M/Y Bold a couple of weeks ago. They are on my channel. I’ve also hopefully got another coming up.
It's interesting but at the same time somewhat strange to watch videos of October 19, knowing what a crisis is developing at exact that time with nobody realizing it yet - including myself at that time!
could you please do the video about taxes and reasons to register in places other than owners live in?
Nice soundtrack.
Odd, Marine Traffic did not have M Y. UNKNOWN on there when I looked, (only a pleasure craft in Norway i think it was). any idea why? Many thanks. PS, Great content on your channel.
Yes I’ve noticed that it’s not broadcasting. Should be. But as long as it’s moored it’s not going to get in trouble I think.
I wondered if you could answer a few questions please. At 2:50 it is said twelve people can be accommodated and there is a crew of around twenty. So is this craft going to have 32 people on board? The crew all having accommodation as well? How long can this craft sail with enough food, water and fuel?
I've crossed the Atlantic on vessels of this size recently. That's about 3700 Nautical Miles and approx 15 days at sea. Approx 18 crew onboard, no guests. We make our own water so as long as we have fuel we can make water (RO plants).
The happiest day in mans life is when he buys a boat, the second is when he sells it!
The second happiest day is when he buys it and the happiest is when he SELLS it!
Zero dislikes....take it your ex-wife hasn't seen this yet :) cool vid - thanks !
She’s sleeping right now! Haha