Virgin Islands Property & Yacht - April 2014

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This sailing season’s sales have been the hottest we have seen in this region in the past four years. This has been great for the local yachting market; the presence of increased spending means business for brokers and following, more money for registration agents, sailmakers, mechanics, marinas, boatyards and any other businesses tied with yacht ownership. However, it’s not all about the most expensive yachts on the market. Companies such as Nanny Cay Marina are aware of this and enforce a policy of diversity to protect themselves from market trends as well as to ensure a well-rounded and enjoyable community for all involved. At the other end of the spectrum, the five bargain-priced boats this season have sold for a total of $165k or an average of $33,000 each – the steal of them all at $21,000. This compares to a total of $265k for 2013 with the lowest priced yacht selling at $25,000. It’s interesting to see that the yacht sales’ revenue for the top of the market has increased and at the lower end decreased, which works well to help make the BVI more accessible to sailors with varied budgets. It also shows that our region is succeeding in attracting a wide audience of visitors from around the world, all here to enjoy the fabulous sailing we provide. So just what are the most expensive boats and least pricey yachts to sell this season so far?

5 Most Expensive Yachts Sold This Season 1. 46’ Roberston and Caine Leopard Catamaran, yr 2009, a 4-cabin Crewed Charter yacht, sold by The Moorings 2. 39’ Robertson and Caine Leopard Catamaran, yr 2011, with ‘Owners Version’ layout which uses one entire hull for just a private owners cabin, sold by The Moorings 3. 45’ Cecil Lange and Sons Ketch, yr 1996, a single cabin single head centre cockpit ketch of traditional design built specifically for offshore voyaging, sold by BVI Yacht Sales 4. 46’ Beneteau Oceanis, yr 2007, 3 cabin private single owner boat well equipped, sold by BVI Yacht Sales 5. 40’ Robertson and Caine Leopard Catamaran, yr 2006, 4 cabin ex charter boat, sold by The Moorings

www.bvipropertyyacht.com

April 2014

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