Thinking of Buying a New Yacht? Watch This First

Wed, 29 Apr 2026 10:10:29 +0000

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Buying a new yacht is an exciting dream—but if you are not careful, it can also become a very expensive mistake.
In this video, I explain some of the biggest risks involved when ordering a new yacht, from choosing the right shipyard and understanding payment stages, to bank guarantees, build contracts, change orders, delays, quality control, and protecting yourself throughout the construction process.
Too often, buyers focus only on the finished yacht and not enough on the journey to get there. But when you are committing millions to a new build, the details matter. A weak contract, poor supervision, unclear specifications, or the wrong shipyard can turn a dream project into a nightmare.

We also look at:

✔ Why a yacht should be treated as a lifestyle purchase, not an investment
✔ The warning signs that a shipyard may be in trouble
✔ Why detailed specifications protect you
✔ How change orders can dramatically affect cost and delivery
✔ Why having your own representative at the yard is essential
✔ How delay penalties can help—or create new problems

If you are considering building a yacht, or even just exploring the idea, this is a video you should watch first.
This episode is sponsored by Keane Specialty Insurance, specialists in yacht insurance and new build coverage.
If you’d like independent advice on buying or building a yacht, feel free to get in touch.
Also, don’t forget to subscribe to the free Yachts For Sale Inside Info newsletter via www.yachtsforsaleblog.com for industry insights and information I don’t share on YouTube.

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