Most of the affluent home buyers gravitate to beach destinations, mountain homes or golf and ski communities for their cosy vacation residences, but for some with the very deep pocket, only a superyacht means wealth.
Yachts are defined as boats that have to be at least 90 feet long, made to look like some floating mansions that can carry their owner wherever he wants to go. Yachts are the mere word connotes of luxury and easy living. They are a symbol of wealth, second to private jets.
Spending millions on a yacht and taking off to unknown parts is not as easy as some may believe. Owners are always prudent of the place where their boat is registered and the safety of the marina where it should be properly managed.
A new generation of yacht owners, in search of more adventurous tides, is disrupting travel on the high seas. The changes are affecting how yachts are built and chartered, where they can go and what skills crew members are expected to possess.