Congratulations on deciding to build your perfect yacht! This excellent investment offers you so much freedom and opportunity, but it’s often something many can only do once, so to make the most of it, where do you even start?
New yacht construction can involve many steps and factors that influence the outcome of this investment. As an experienced brokerage yacht firm, these are some of our most notable tips to keep in mind as you undergo this exciting journey.
Clarify Your Budget
Determining your budget is a crucial first step when building custom yachts. More often than not, new yacht construction is a pricey endeavor, especially when you wish to add customizations. Finding a designer, a builder, the materials, and outlining your timeframe for construction are among the fundamental factors to consider, as they can significantly drain your financial reserves if you aren’t prepared. Additionally, any budget limitations can impact your customization options during construction, so keep that in mind.
Establish Your Yacht’s Purpose
Identifying the reasons for building your yacht is pivotal for figuring out your budget, the type of vessel you wish to build, and anything that goes into that build. When looking into new yacht construction, keep the following activities in mind to figure out your requirements:
- Going far out for deep-sea fishing
- Prefer a boat for tranquil cruising or high-speed water sports like wakeboarding
- Sailing or motor power preference
- Looking for a vessel for long-distance travel or seasonal cruising
- Primary location of travel
- Number of guests invited to travel with you
Where you take your yacht influences the materials you need for the hull and its size and shape. Whether you prefer to sail or not dramatically influences the overall design and intent of your yacht. How much time you wish to spend on your yacht during each outing affects the storage capacity for supplies, power, and water. If you want a boat for peaceful cruising or speedy handling can drastically change its shape, materials, and power source. These are all vital details to take into consideration as you plan out your dream yacht.
Figure Out Any Customizations and the Materials They May Require
Once you’ve established your yacht’s purpose and potential budget limitations, you can begin deliberating over how you wish to customize it. Options for customizing your new yacht construction can vary wildly and include things like:
- Vinyl wrapping and lettering
- Specialized building materials for specific types of voyages
- Extra luxury amenities for comfort and style (i.e., jacuzzi, floating bar, slide, etc.)
- Aesthetic decorations and nautical products
All custom yachts should have their owners’ signature flair. After all, you’re paying good money to build it, so you might as well make it your own! Furthermore, many new yacht owners take pride in their vessel and like to see it as a home away from home. Adding extra features like custom-made lighting, sound systems, bedding, and decor makes it all the more likely for you and your guests to appreciate and enjoy your bespoke yacht.
Stick to Your Plan as Much as Possible
Once you’ve determined the specifications for your new yacht construction plan, it is best to avoid making changes unless absolutely necessary. Although sometimes materials may need to be substituted or the building must be paused due to supply shortages, avoiding making changes to your design plan allows you to ensure construction continues on schedule and prevents costly adjustments or extensions.
We Are Here to Help
Building a yacht is a process that involves many steps and people from beginning to end. If this is your first time ordering a new build and requesting customization, we highly recommend looking into our yacht consulting services. Our yacht brokers have the knowledge and experience to help you find everything you need while keeping your best interests at heart.
At YachtsBlue, we pay close attention to every detail and give each client the peace of mind they need during this often convoluted process. Feel free to reach out to us with any questions or concerns.