5 Things You Didn’t Know About Superyachts

Superyachts are undeniable the pinnacle of luxury. Yachts can be compared as a Titanic of the modern days that weigh about 10,000 tons and span at a length of about 60-300’ long. These giant modes of transportation are often reserved for affluent people.  

5 Things You Didn’t Know About Superyachts

This article focuses on discussing 5 facts you didn’t know about the superyachts:  

The owners spend about 10% of the initial buying price yearly to operate them. 

The most significant concern about purchasing superyachts is the amount of money invested for its upkeep and maintenance. You have to settle the full-time crew cost which is never cheap. Like that’s not enough, you’ll have to cough up more cash for repairs, fuel, plus other costs which keep on raising its expensive costs. A superyacht goes at an average price of $43 million, and for you to operate it, you have to spend 10% of this amount. That quickly racks the up the maintenance cost to $4,300,000 per year. That’s incredible. You would fare much better chartering a private jet for a short distance because, in addition to that massive amount of money, you still have to incur the cost of these big gas guzzlers which can guzzle over 1000 liters per hour while on high seas.  

There might be a floating city yacht 

The co-founder of PayPal Peter Thiel is investing a huge chunk of his cash in Blueseed, a company focusing on assembling an offshore luxury city. The yacht will be found off the coast of California, and it will specifically serve the young professionals. Startups and entrepreneurs should apply as they will be most considered for a spot on the yacht. The successful applicants will pay around a $1,600 monthly fee to be allowed to work and live on the floating city. That’s a reasonable price considering the level of luxury you can get from a superyacht. The floating city superyacht is considered to offer the perfect opportunity for budding entrepreneurs.  

Sunset from the beach

A prototype island yacht exists 

A prototype island-based yacht built by Yacht Island Designs, a company located in the UK, comes entirely designed with Tiki huts and a little oasis. The huts are built with real palm trees. 

Additionally, the yacht comes with a model volcano on its top. This volcano spews water off to run into the swimming pool. It has 4 VIP guest suites plus an owner’s suite located in the body of the volcano. It also provides facilities like a library, cinema halls, gym, sauna and game room. This fact makes these superyachts the perfect yacht charter that anyone would want to be part of it.  

Discovered WWII Wreckage of a superyacht 

The superyacht named Octopus belongs to Microsoft co-founder Paul Allen and was credited with a fantastic discovery. Early in 2015, it was announced that a WWII-era ship was spotted off the coast of Philippines. The ship had sunk, and after a long search of about eight years, it was spotted by a team of crew members including Allen. The sunken ship was believed to have been a battleship that sunk in 1944. Allen is passionate about military technology and collectibles.  

Yachts are the most celebrated luxury item by the few billionaires in this world. 

Billionaires all over the world perceive yachts as the main luxury to possess. A billionaire’s superyachts matter most even more than expensive collectibles and arts. Next in line to that are cars, jewelry, fashion, and antiques. However, most billionaires cherish to have fun and relax in the superyachts.  The superyacht is an ultimate luxury that’s time-tested.