Welcome aboard the Yachtsnl’s May sales report, of Dutch-built yachts over 18 meters! Our report provides a thorough and detailed analysis of the current market trends and insights, based on the latest sales data from the previous month. We offer you valuable information on the most significant market updates, including the average asking prices and the typical duration that yachts spend on the market. Come aboard with us and embark on a journey through the exciting and dynamic waters of the yacht industry as we unveil the secrets of the Dutch-built yachts market.
NEW FOR SALE | May 2024
In May 2024, the Dutch yacht sales market saw the introduction of 13 new yachts for sale, 12 motor yachts and 1 sailing yacht.
The highest priced Dutch-built yacht amongst the new listings is the 36m motor yacht SEAFLOWER built by Mulder Shipyard and asking €22.500.000. The largest yacht is the 50m motor yacht AZTECA built by Feadship with an asking price of €9.950.000.
On the other end of the spectrum, the 18.6m Van der Valk Shipyard motor yacht DUCHESS was the shortest new listing with an asking price of €615.000. The least expensive yacht is the 18.79m motor yacht MARGARETHA built by Super van Craft with an asking price of €475.000.
The only sailing yacht listed for sale this month is the 23m BINARY STAR built by Anne Wever and asking $750.000.
The shipyards with the most new listings this month was Van der Heijden Yachts with 3 of their yachts newly listed for sale.
From the 12 Dutch-built yachts that came to the market in May, 7 yachts had a length between 18 and 24 meters, 1 yacht between 24 and 30 meters, 3 yachts between 30 and 50 meters, and 1 yacht larger than 50 meters .
When we compare this month to last month’s numbers, we see an increase of 85.7% in the number of new listings. Compared to May last year, there was a slight increase of 8.3% in yachts entering the market.
SOLD | May 2024
In May 2024, a total of 7 Dutch-built yachts were sold, consisting of 6 motor yachts and 1 sailing yacht. Compared to April we see a decrease of 22.2% in the amount of sales.
The largest and most expensive yacht sold this month was the 60m Amels motor yacht COME TOGETHER. She was sold after 613 days on the market. During that period she had received 2 price reductions and her final asking price was 86.3% of its original asking price of €69.500.000.
The shortest yacht sold in May 2024 was the 21.3m motor yacht CLASY built by Mulder Shipyard. She was sold in an off-market deal with an unknown asking price.
The least expensive yacht sold was the 23.5m Van der Valk Shipyard motor yacht NIHIL SIN LABORE, which had a final asking price of €595.000 and was on the market for 310 days. She first entered the market in July 2023 with an asking price of €665.000.
The only sailing yacht sold this month was the 26.7m VIVID (now renamed CHARLATAN) built by Jongert Yachts. She was sold after 693 days on the market. During that period she had received 2 price reductions and her final asking price of €2.100.000 was 82.4% of its original asking price of €2.550.000.
The yacht that was offered for sale the longest in May was the 38.39m Oceanco motor yacht CAPRICE. She entered the market in June 2022 with an initial asking price of $3.995.000. She was sold after 700 days, almost 2 years, on the market. During her time for sale she received 3 price reductions and her final asking price was 68% of her first asking price.
On average, the yachts sold in May 2024 were on the market for 405 days and still had a value of 87.1% of their first asking price. Compared to May 2023, we can see a decrease of 41.7% in the number of yachts sold.
PRICE CHANGES | May 2024
Last month 25 Dutch-built yacht listings received a price reduction, 21 motor yacht and 4 sailing yachts. Compared to April we see an increase of 25% in price changes. Looking back at last year, there was a significant increase of 66.7% in price changes in May 2024.
The highest priced and largest yacht that received a price reduction this month was the 74m Amels NEW SECRET. The motor yacht is currently asking €99.000.000, after receiving a €10.000.000, or 9.2%, price reduction this month. This is her first price reduction since she entered the market in February 2024.
The largest price reduction this month has been for the 26.6m Kramer & Booy motor yacht ELENA. She is on the market since January 2019, starting with an asking price of €1.700.000. After 1950 days, over 5 years, on the market, ELENA had received price reductions of in total 76.5% and is now asking €400.000.
The largest sailing yacht receiving a price reduction this month was the 45m MIRASOL, built by Holland Jachtbouw. The sailing yacht is currently asking €9.200.000, after receiving a €3.300.000 price reduction earlier this month. MIRASOL has been listed for sale 247 days, since September 2023. Her current asking price is 61.3% of her initial asking price of €15.000.000.
On average, the yachts had a price change of -16.5% this month and received their first price reduction after 283 days on the market. The 36.63m motor yacht AVANTE V built by Feadship received 2 price reductions this month. AVANTE V received the first 15.9% price reduction in the beginning of this month and received another price reduction of 17.2% just 22 days later. The yacht has received a total of 4 price reductions of 42.9% since she entered the market in December 2023.
YACHTS WITHDRAWN | May 2024
In May 2024 there were 4 yachts withdrawn from the market, all motor yachts.
The yacht that had been available for sale for the longest period was the 44.2m motor yacht AT LAST built by Heesen. AT LAST was listed for sale since November 2018 with an initial asking price of $7.950.000. She was on the market for 2003 days and has received 6 price reductions of in total 43.4%.
CURRENTLY FOR SALE | June 2024
On the first of June, the Dutch-built yacht market boasts 331 vessels for sale, of which 248 motor yachts and 83 sailing yachts.
Out of 1181 Dutch-built motor yachts over 18m in our database, 21% are currently offered for sale, and out of 418 sailing yachts, 19.9% are currently available for purchase.
Currently one of the largest sailing yachts available for purchase is the 52.73m Amsterdamsche Scheepswerf G. de Vries Lentsch Jr. Yachts FLEURTJE. Her asking price is €8.400.000 and she has been listed for sale since August 2014 with an initial asking price of €9.500.000.
One of the largestmotor yachts available on the market is the 118.8m Feadship PROJECT 821. This vessel has been listed for sale for 25 days with an asking price on request.
At the other end of the spectrum, one of the smallest available yachts is the 18 meter motor yacht DEEP BLU, built by Kompier. DEEP BLU is currently being offered for sale with an asking price on request. She has been listed for sale since September 2023.
This month in numbers
Compared to the previous month, we can see an ongoing decline in numbers of yachts being sold which started last month. On the other hand however, the market sees an increase in new yachts entering the market and the amount of price changes. This foreshadows an upcoming rise in yacht sales when the Summer is over.
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Thank you for reading our market report on Dutch-built yachts over 18 meters. If you would like to share any additional information with us, please don't hesitate to reach out to us at contact@yachtsnl.com.
