Few of us could have predicted how the pandemic gained speed throughout 2019 and 2020. And likewise, few of us could have predicted the superyacht boom that was to come as a result.
As reported by Boat International, the 2022 Global Order Book recorded a total of 1,024 projects in build or on order for the coming years, an impressive increase over 2021’s record-breaking numbers.
But this boom in demand has also shifted the way that yacht construction is done, as well as the way that yacht ownership comes to fruition.
Full-custom projects are harder to come by (to put things lightly), and those in the market for semi-custom hulls are likely to be waiting things out until 2024.
Which is why—in a market where demand is high and new-build supply is low—buyers are jumping at the chance to put their name on a new build, even if they have to wait through 2024 or 2025 to take her out on the water for the first time.
And while some superyacht owners are willing to wait out the long years until shipyards open up and the wait times for fully-customized boats return to the standards of previous years, others are taking advantage of the expedited timelines and impressive craftsmanship of speculative superyacht builds.
Speculative Superyacht Builds: What Are They?
With speculative superyacht builds, the yacht builder decides to begin a vessel’s construction without a specific yacht owner in mind. A buyer will come on board at some point throughout the building process, knocking years off the lead time and giving the owner access to the most innovative examples of the world’s superyachts at a lower cost.
Take for instance the new build Gentech 152 foot yacht slated for completion in 2024. With 50% of the vessel already built, a superyacht owner will be able to soon enjoy all the modern details of this new yacht construction without waiting more than a few years for full completion.
And on the even bigger end, the 2025 ISA Yachts 262 ft. speculative yacht build stands as a shining example of the innovation behind new builds of this type.
This beauty was designed by renowned yacht designer Nuvolari Lenard, with 12 thoughtfully-designed guest cabins and room for a crew of 12.
Currently in the stage of hull and superstructure assembly, yacht designer Lenard’s vision comes to life with an exterior that speaks of strength and elegance, with a presence in the water that will truly go unmatched.
And though some might say that a speculation yacht build might offer a buyer less freedom to customize, many in the yacht industry agree that it offers the buyer one better—the chance to own an artfully-designed and supremely-crafted vessel that reflects the innovation of the yacht designer and yacht builder at every turn.
How Speculative Builds Help You Achieve a Superyacht Life On Your Terms
As the superyacht industry continues to roll through the superyacht boom and roll with the many surprises the last few years have brought, choosing a luxury yacht that is a speculative build offers the yacht owner a promise of delivery, one that’s hard to come by these days.
Which means a superyacht life is made more accessible for a buyer who wants to venture out on the world’s superyachts without waiting for shipyard demand to slow.
And though some superyacht buyers might be unfamiliar with all that a speculative build has to offer, an experienced yacht broker can introduce them to superyachts for sale and familiarize them with the many artfully-crafted features that the superyacht builders are incorporating into these new builds.
At the end of the day, speculative builds offer superyacht builders the chance to craft an exceptionally-designed, high-performance vessel that is made with every comfort and convenience in mind.
And they offer buyers like you—superyacht owners who are seeking out experience-making superyachts for sale—the chance to experience this artistry for yourself.
How to Enjoy the Most Impressive of the World’s Superyachts
When superyacht builders undertake a speculative build, they turn toward a yacht broker they trust—one that has decades of superyacht industry experience and prides themselves on connecting clients to their ideal vessel.
For over 25 years, yacht broker Steve Doyle has been trusted by clients and superyacht builders alike. He specializes in connecting buyers with a vessel that meets their high expectations and maximizes their experiences aboard.
Discover more about the many featured yachts currently represented by Steve, including speculative superyachts from ISA and Gentech that blend flawless performance with design excellence. Then contact Steve Doyle to start your next superyacht adventure as a yacht owner—on a vessel ideally suited to you.