Check how long the yacht broker has been active, how many yachts they have sold, and read reviews from other buyers. A well-established name with positive feedback is often a good indication of reliability.
A reliable yacht broker is usually affiliated with professional organizations such as HISWA and/or certified as an EMCI broker. These certifications stand for professionalism and compliance with ethical standards.
Verify that the yacht has a CIN (Craft Identification Number). This is the boat’s unique ID number, allowing you to trace its origin and year of construction.
The CE marking provides information about the builder, CE category, maximum number of persons, and weight. This label is usually placed in a visible location near the helm.
Compare similar yachts across multiple platforms. Determine whether the asking price is fair by considering the year of construction, equipment, and maintenance condition.
When buying a yacht, it is essential that there is valid documentation showing the VAT has been paid.
Always draw up a written purchase agreement. This document should include agreements about the price, delivery, and any necessary repairs. It ensures clarity and security for all parties involved. If you purchase your yacht through a broker, they will usually take care of this for you.