prinex
Active member
Should be renamed plastic show... trend is "house on the water" forget using the boat as a boat. Exception the sailing boats, they still think the owners will actually use the boat. Also different customers, tons of german / swiss / brits at the sailing boats, russian-spoken-only at the motor yachts.
Went aboard a large Ferretti, where is the tender ? "it can be carried on the swim platform". On a 24mt boat. "Space requirements" so no garage, "Design" so god forbid the boat has a crane and resembles anything which has to do with anchoring and motoring somewhere.
Guys at San Lorenzo had their fleet there, pre-vetted potential customers lined up, prices rolling in double digits millions, talks of 14+ boats ordered this year pre-Cannes.
My opinion the market is going towards large villa on land and 12-14 mt open boats for the friends (Like Pardo), or 60ish+ floating flats for the extra-wealthy. Planing motor boats even 33 foot start already at half a mio Euro. Asked Absolute why they dont make smaller boats anymore, answer we cannot even make the large expensive ones fast enough. Demand is simply huge and why bother.
Asked a few broker about the craze on used prices - general advice stay the hell out of it, tons of neglected boats getting a cosmetic refit hitting the market. It is still possible to make a decent deal, brokers call their portfolio first before listing so all the nice one get snapped up, the ones no one wanted or the overpriced crap is what ends on the website. The famous question "why are 20 y/o mobos 300K Euro and plus" - again general advice it makes no economical sense, they see recents (2015+) boats better priced in terms of quality and resell value, the 20 y/o are something that will be of zero value in 10 years and needs at least 100K love to make them usable. So rolling eyes from them.
Oh and all this plastic will hit the berths in the med next 1-2 years so this is going to be interesting.
Went aboard a large Ferretti, where is the tender ? "it can be carried on the swim platform". On a 24mt boat. "Space requirements" so no garage, "Design" so god forbid the boat has a crane and resembles anything which has to do with anchoring and motoring somewhere.
Guys at San Lorenzo had their fleet there, pre-vetted potential customers lined up, prices rolling in double digits millions, talks of 14+ boats ordered this year pre-Cannes.
My opinion the market is going towards large villa on land and 12-14 mt open boats for the friends (Like Pardo), or 60ish+ floating flats for the extra-wealthy. Planing motor boats even 33 foot start already at half a mio Euro. Asked Absolute why they dont make smaller boats anymore, answer we cannot even make the large expensive ones fast enough. Demand is simply huge and why bother.
Asked a few broker about the craze on used prices - general advice stay the hell out of it, tons of neglected boats getting a cosmetic refit hitting the market. It is still possible to make a decent deal, brokers call their portfolio first before listing so all the nice one get snapped up, the ones no one wanted or the overpriced crap is what ends on the website. The famous question "why are 20 y/o mobos 300K Euro and plus" - again general advice it makes no economical sense, they see recents (2015+) boats better priced in terms of quality and resell value, the 20 y/o are something that will be of zero value in 10 years and needs at least 100K love to make them usable. So rolling eyes from them.
Oh and all this plastic will hit the berths in the med next 1-2 years so this is going to be interesting.