Buying a Superyacht: Key Considerations

When you have decided to purchase a superyacht, you have made a decision that will enrich and shape your lifestyle. A superyacht is the ultimate investment for someone who wants to explore the beauty of this planet in five-star luxury. Though owning a superyacht is a dream for many, it does come with much to consider. Unfortunately, it isn’t as simple as buying most things in life, and a superyacht owner needs to be aware of some essential factors before getting the keys and heading out onto open water. 

Throughout this article, we are going to run through some of the key considerations before buying a superyacht. Don’t worry, we aren’t trying to put anyone off, but at Simpson Superyachts, we understand the importance of knowing what you’re doing before making such a big decision. You want to make sure your superyacht is precisely what you have always wanted, so if you’re thinking about fulfilling your yachting dreams, it is a good idea to pay attention to what we are about to discuss. 

Does it need to be so big?

The first thing we thought important to mention in our superyacht buying guide was the size of your potential new vessel. Of course, when we want a superyacht, we want it big, but sometimes, it is good to be realistic about the size and not go too large.

Regarding entertainment, space, and comfort, we would say that bigger is better, but practicality can sometimes be forgotten when buying a superyacht. Take the Azzam by Lürssen Yachts in Lemwerder, Germany, for example. This incredible superyacht holds the title of the biggest privately owned boat in the world at an impressive length of 179.7 m. The features onboard are next-level, and it even comes with an anti-missile defence system. However, due to her size, there are very few places around the world where she can dock. If you plan to use your superyacht for around-the-world voyages, then it might be helpful to consider if you can moor it in the destinations you desire. 

Where are you planning to take it?

As we mentioned before, you will need to make sure that you can moor it in the destinations you plan to travel. However, there are a few more things you need to consider in terms of travel destinations. 

Draft – some of the most beautiful areas on the planet are in unforgivingly shallow waters. If you plan on island hopping in the Mediterranean or diving in the Caribbean, too big of a draft might be a hindrance. It is important to do some research and discuss with your boatbuilder before making your decision. When you have gotten your superyacht, you want every moment to be perfect, so ensure you know beforehand where you want to go.

Range – Another major factor concerning destination is the range. The range determines how far you will be able to travel without refuelling. If you are planning on short getaways, this doesn’t need much thought, but it is imperative for something more adventurous. There are several factors that can affect the range. Some include size, engine type, fuel capacity, and sails. So, if you are planning a world cruise, remember to buy a superyacht with the proper range for the expedition. 

Engine – This part shouldn’t take too long, but ensuring the superyacht’s engine is fit for its intended purpose is vital. Make sure the place where you are buying from is aware of what you will be doing with it, and they can ensure the performance of the engine meets your expectations. Additionally, if you are considering an eco-friendly superyacht, they will be able to give you the best advice on engine type. 

Does everything onboard suit your interests? 

Buying a superyacht is undoubtedly a significant investment, so you need it to be correct. Everything onboard should be perfectly crafted to your personality. If you are having doubts about a potential superyacht or there is something you aren’t too sure about, enquire about customizations. Here are a few things that all superyacht owners need to contemplate.

Onboard facilities – One of the most fun parts of owning a superyacht is deciding what onboard facilities you want. The supplier will always be able to help with recommendations, but it is something that will require a little thought from you. Having a superyacht means that there will be room for absolutely everything you need and want. All over the world, we are seeing more creative ideas every day.

Interior décor – If you’re investing in a superyacht, it probably means that you plan on spending a lot of time onboard. It is essential to find a designer you love. You want to create a comfortable space that reflects all aspects of your personality. 

Space – Choosing a suitable space is essential. Depending on the type of person you are, you might want a superyacht with multiple social areas, or if you are more private, you might want to keep your personal quarters away from guests and crew. Upon viewing, take some time to think if the space throughout the superyacht will suit all of your needs. 

Toys – These days, superyachts often come with a tremendous amount of impressive toys to enjoy; if there is anything you would like to enjoy on your sailing trips, double-check that the model you are contemplating can accommodate them. 

Enquire about the maintenance schedule

It can be easy to get carried away when planning your new superyacht, but every additional feature you include will require someone to run and maintain it. Many people don’t mind having a large crew onboard, but it isn’t for everyone.

Having a full-time maintenance crew might be too much responsibility for some. Before you commit to a new customization, you will need to enquire how much maintenance it will need. The company you use to purchase the superyacht will have the knowledge to provide all of the information to know about your maintenance needs. 

Consider your guests 

Remember, your superyacht isn’t just going to be for you. You should consider the needs of any possible guests you plan to take on board. If there are likely to be children, it is good to plan for this in advance. As long as you pre-empt your guests, you will encounter no frustrating moments in the future. One benefit of thinking about future guests is that everyone who joins you will be highly impressed with the efforts you have put into your superyacht. 

Would you like to find out more?

If you are considering a superyacht, remember it is a thorough and rigorous process. It is vital to put consideration into every aspect to maximize your enjoyment. At Simpson Superyachts, we have decades of experience in the industry and have close relationships with the best superyacht builders in the world. Buying a superyacht is a decision that will dramatically improve your lifestyle, and if it is something you haven’t done yet, we can’t recommend it enough. If you want any more information, contact us today. Our expert team will be able to talk you through every step of your superyacht journey.