SUPERYACHT BUYING GUIDE
THE ULTIMATE YACHT PURCHASING GUIDE
When buying a superyacht, expertise and experience are paramount. Northrop & Johnson’s brokers have a unique and in-depth knowledge of the superyacht industry and have an unrivaled reputation for honest dealing. With the industry’s most comprehensive database of buyers and sellers, and access to the widest fleet of superyachts for sale, our brokers are familiar with all the yachts on the market and always strive to find the perfect vessels for our discerning clientele.
From price and contract negotiations to the organization of surveys and sea trials to support with ownership structures and navigating legal complexities, Northrop & Johnson’s brokers are experienced in all aspects of yacht purchase. You can expect a smooth purchase experience from start to finish, leaving you to enjoy the pleasures of stress-free ownership.
TYPE OF YACHT
Once you have made a decision to purchase a yacht, the next step is to determine exactly what type of yacht you are interested in. From hull types, to the different styles and their uses, there is a vast array of different yacht types available, each with a varying range of wildly different sizes, styles, performance capabilities, purposes and of course budget. What type of experience and use you are looking for in your ownership? Are you interested in a new or used yacht? Custom built or semi-custom? Are you looking for a high-speed performance weekend boat, or a genuine round-the-world blue water sailing experience? What size are you looking to purchase? How are you planning to use your new toy? Start by browsing through our yacht type guide (below) to view the different types of yachts available and how they might best suit your requirements.
FINDING THE RIGHT YACHT
Once you have decided on the essential elements, speak to your Northrop & Johnson broker who will begin the search for your perfect yacht. Armed with a better understanding of what each category of yacht has to offer, the opportunities and choices will fall into place. Your Northrop & Johnson broker will provide you with a shortlist of yachts, including those on the market and even in private use, some of which may not necessarily be on the open market.
FROM OFFER TO PURCHASE
Once you have found your perfect match, your Northrop & Johnson broker will handle all offers and negotiations. The buyer and seller will then agree the sale and purchase contracts. Typically, a detailed agreement known as a Memorandum of Agreement (MOA) is drawn up and signed by both parties after your selection is made and finalized. Your Northrop & Johnson broker will arrange a buyer’s sea trial and condition survey. There may then be a negotiation and once an agreement is reached the necessary documents will be exchanged, the payment made and the sale completed.
Northrop & Johnson will advise on ownership and corporate structures and handle all the administrative documentation to help your transition into yacht ownership. They have access to a wealth of expertise, including legal and construction teams, yacht managers, insurance specialists, crew and charter marketing experts, should you be looking to recoup some of the running costs. Ultimately, our job is to ensure a smooth acquisition from start to finish and throughout your entire ownership.
Northrop & Johnson is proud to represent some of the most sought-after luxury yachts for sale in the global fleet. From traditional motor yachts to custom explorers to lavish sailing yachts to ultra-modern gigayachts and everything in between, Northrop & Johnson is ready to help you choose the luxury yacht of your dreams. Explore our featured listings today then contact a Northrop & Johnson sales broker for all your yachting needs.
FEATURED YACHTS FOR SALES