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    Your First Yacht – A Few Things to Consider

    April 28, 2022Updated:April 28, 20225 Mins Read

    Are you looking to experience memorable journeys through calm pristine waters and go on your best private vacations in your own vessel? If so, it might be a sign from the stars above for you to purchase your very own yacht.

    It may appear to be a simple task to accomplish at first. You pick a yacht, pay for it, and cruise away. However, many buyers are unaware of all the nuances of purchasing their own boat, one that suits their taste, budget, and needs.
    First things first, the most crucial part of preparing to purchase a boat is making sure you have a place to dock it. In some areas, finding a marina or harbour to dock your vessel can be challenging.

    If your marina is in high demand, it is worthwhile to ascertain how long it typically takes to obtain a dock space for your new jewel, even if your yacht has not been purchased yet. This step may appear to be out of place, but it is not. Finding the perfect dock space will be the determining factor of whether you will have a good experience owning a yacht or not.
    Now that you have a space for your potential vessel, it is time to decide which category suits your needs and desires. Before purchasing it, you should think about how and where you plan to use your boat regularly. Furthermore, you should know that there are advantages and disadvantages to every type of yacht.

    A monohull may be ideal in some situations but not in others. When shopping for a catamaran to cruise the shallow seas of a tropical island, you won’t have the exact requirements as someone trying to cross the Atlantic. Purchase a yacht that is appropriate for the type of adventures you want to go on as well as the destinations you intend to explore in your future journeys. You can always charter a more suitable yacht for any additional activities that your boat is not equipped to handle on its own.

    Everyone desires a yacht that will satisfy both their needs and taste. Whether warranted or not, aesthetics plays a significant role in restricting your choices when purchasing your first yacht. Numerous yachts are unique, with profile and deck lines and interiors designed by renowned designers and architects and shipyards.

    However, whatever yacht style you choose, keep in mind that your dock neighbour, or friends, will desire a bigger, more attractive vessel than you and vice versa. The world of yacht owners is a competitive one. There are many types of yachts you can choose from. Traditional sailboats, spacious and safe catamarans, elegant motor yachts, and ultimately superyachts, megayachts, & gigayachts for the ultimate elite experience. While some styles will never go out of style, others may, so it is important to consider a design that is timeless and could easily resell in future, when upgrading to your next vessel.

    It is also vital to understand the comfort you desire. This is because the size and equipment of your yacht are directly tied to how comfortable you will be on board. Furthermore, you may require a crew to help you navigate and run the vessel, especially if you have no sailing or maritime experience.

    A smaller boat will save you money in the long run, but you will have fewer options when it comes to amenities, space, and the ability to hire a crew. Another option is to go larger, which could result in an extremely comfortable yacht, but you’ll need a professional crew to operate it. This raises the overall cost of ownership and maintenance costs. Getting a commodious yacht comes with a cost.

    Yachting, as enjoyable as it is, can be a pricey pastime. As crucial as it is to know the price of your yacht, it’s also critical to understand how much additional fees you’ll accrue over time. Maintenance, repairs, insurance, and mooring are all necessities for a boat. If you will need a crew, these costs can quickly rise as a result of the size of the yachts involved.
    As long as you know what type of boat to look for, what aesthetics you want, what comfort and performance standards you have in mind, and how much money you have to spend, then you are more than ready to buy your first yacht.

    If you are in Southeast Asia and are thinking of buying a boat, then Simpson Marine is a great company to speak to. Founded in 1984 by Mike Simpson, Simpson Marine has grown to be the market leader with 11 regional offices in Thailand, China, Hong Kong, Indonesia, Malaysia, Singapore, Taiwan, & Taipei.

    Simpson is the distributor for some of the world’s leading brands, including Sanlorenzo, Fairline, Bluegame, Lagoon, Beneteau & Aquilla, and they have an extensive selection of pre-owned yachts.

    Simpson Marine also offers a Yacht Management service that saves you all the hassles of daily operations, and they have a yacht charter division.

    As sea captain and explorer Sir Francis Drake once said, “It is not that life ashore is distasteful to me. But life at sea is better.”

    www.simpsonmarine.com

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    HOT Magazine is a Thailand based luxury lifestyle magazine connecting with Asia’s wealthy, brand-conscious, high net worth individuals, through their chosen lifestyle activities. These include polo, boating, spas, luxury automobiles and extreme sports. HOT Magazine also spans every relevant luxury segment, such as Travel, Fashion, Art & Design, Food, Shopping, Wine & Spirits. The magazine is rounded out with interesting interviews from the likes of Billionaire Bill Heinecke to Philip B whose hair care products are found in Royal households around the world as well as used by celebrities such as Lady Gaga, Madonna & Sir Richard Branson. Although all materials are published in good faith.

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