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4 things you need to know about the superyacht market this summer

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Market caution is not putting off serious buyers

As the Mediterranean season approaches, a rush of superyacht sales are to be expected, with clients keen to get back on the water in time for summer. This year, geo-political events have led to a certain air of healthy caution in the market, according to Alex Koersvelt, sales broker at Edmiston.

“I have seen enough in the last six months to suggest there is an increased level of caution from buyers out there,” he told Boat International. “Whether this is purely down to the well-documented global climate is open to debate, but it reinforces the fact that a good offer should be respected and carefully considered by sellers.”

In the first four months of 2017, we reported 122 sales of yachts over 24 metres — including the 85.1 metre Solandge (pictured) which was sold by Moran Yacht & Ship in March. The overall total is broadly similar to the 124 reported during the same period last year, and up 8% on 2015’s figure of 113 sales.

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