Tankoa motor yacht Grey now renamed Jimmy

Brokerage report: new year invites 121% spike in price drops

2 February 2024 • by Gabrielle Lazaridis

Brokers seem eager to start fresh for the new year, evidenced by the generous number of price drops applied to yachts 24 metres and above in January 2024. According to the latest data from BOATPro, there were 62 price drops for the month, representing a 121.4 per cent increase from December 2023. The reductions shaved a total of €63.9 million from the market as firms looked to clear existing inventory in anticipation of new yachts being added.

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