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Owner's Advice: Top Tips for Buying Your First Yacht

Owner's Advice: Top Tips for Buying Your First Yacht

5 of 10 5/10

Think about the purpose of your yacht before design begins

Serial sailing yacht owner Mike Slade faced the issue of creating regatta-ready charter yachts with every one of his new builds. His advice – know what you want before the design process has even begun.

"The question is, how do you mix the chartering and the racing?,” he told Boat International of the build of Leopard 3. “You are going to be heavy, so it's up to the designer to offset that heaviness and reduce the disadvantage - so upwind we'll pull out [distance on the opposition]."

"We're completely booked out in the summer, day-in, day-out, with day charters,” he continued. “And racing and race charters has been the most profitable way to offset costs when there is no charter market in the Caribbean or the Med for these sort of boats.”

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