Nice article from Robb Report for anyone contemplating buying a yacht.
Yachts have always been the ultimate dream machines, able to transport owners to quaint seaside towns in Italy or secluded island coves in the Bahamas. Every yacht owner knows that life is more fulfilling at sea. There has never been a better time to buy a boat, whether it’s a custom superyacht with crew, or an 80-foot luxury express cruiser. Shipyards around the world experienced unprecedented demand for ever-larger and elegant yachts before the market softened, and that has now created an exceptional selection of new and used yachts for buyers. Yachts, quite literally, come in hundreds of lengths and styles, with a range of missions. Chartering a yacht similar to the size and style that will suit your needs is probably the best way to start. That allows you to test-drive the yacht for a week or two, often in idyllic locations like the Mediterranean or Caribbean, and decide whether it’s right for you and your family. – From Robb Report