Yet, even in terms of commonly approved types of properties, there are some discussions. Some people prefer to invest in new developments or high-rise apartments. Others claim luxury villas are an eternal value which becomes only more valuable with time. Yet, what would you say if we persuade you that yachts beat both these property types being the smartest investment ever?
Let’s check the key points making investing in deluxe yachts the best solution for your investment activity and why villas graze back in this comparison.
Yachts vs Villas: The Liquidity of Asset Does Matter!
First, let’s compare yachts and villas in terms of liquidity. Both are great investments and cost high but what if you need to discard this investment urgently? With villas, you need to decide on whether to sell it or lend it to someone. Then, you have to find a reliable realty agent who can quickly manage your property to evaluate it, prepare it for sale, and sell it with a profit.
With yachts, you are free to operate: make them a part of your business by providing them for rent or managing yacht trips for glad clients; sell them or modernize them to increase their value. It’s up to you to decide and it’s lightning-fast to dispose of a yacht. Quick sales without high taxes make yachts more liquid investment assets than any villa.
Yachts Are More Valuable Heritage Than Villas
What happens to a villa with time? It tends to deteriorate, especially if you do not live in it regularly. It requires repairs and restorations, and its maintenance typically consumes a significant portion of the budget. Let’s add to this the need for regular domestic personnel services, which should also be paid. The result is that, while your villa loses its value with age, you lose funds to maintain it in at least a habitable condition.
Yachts are the heritage that only increases its value with time. While its maintenance and costs for a crew are lower than those you spend on villa maintenance, if you maintain a luxury yacht properly, it retains its value. If you put an effort into modernizing it, it can even cost more with time.
The Matter of Prestige Adds Value to Yachts
Villas are simply residential properties, often typical in their design. Each yacht is a masterpiece because it embodies the image of its owners, they are symbols of prestige, success, and refinement. That’s why yachts are always objects of desire and if they are custom-designed, their value is even higher. That is, by the way, what we do in Fortune Yachts Bali. We provide each yacht built on our shipyard with a combo of flawless design, power, and personality.
Your Schedule Is Maximally Flexible With a Yacht
What happens when you purchase a villa? You become stuck to its location, and you want your purchase to pay off by spending time on your villa. With time, it becomes boring if not frustrating. A deluxe yacht provides you with the same level of comfort the villa does, but you are free to sail on it anywhere, anytime you want. Explore new spots, join regatta competitions, and enjoy open-water fishing and diving from your own yacht. No need to hire a boat for all these activities, and no need to apply for accommodation when coming to a new place. Your yacht is your home and at once, it is your endless source of various pastimes and entertainment.
Making Business on Your Yacht Is Easy!
In this case, if you plan your investment in a property as a business startup, villas and yachts are fully incongruent. What business can you start in a villa? Only touristic accommodations or long-term rentals. When owning a yacht, especially of a premium class, the diversity of business ideas is truly amazing:
-
Start your yacht-rental business;
-
Manage yacht trips around Bali or anywhere else;
-
Create an event agency focusing on yacht parties, weddings, celebrations, or company parties;
-
Hire scuba diving instructors and develop your scuba diving business with open-water dives from your yacht;
-
Make your yacht a unique restaurant on the water – that’s a perfect plan for tourist spots.
That’s just a small part of the ideas that are in the air. Follow each of them or develop your own one – nothing is impossible when you have a yacht at your disposal.
Tax Policy Works In Favor of Yacht Owners
At last, yachts become a better investment than villas simply because they require lower tax payments. Although tax policies vary from country to country, typically, for villas, you have to pay a couple of regular taxes, including land tax, property tax, and in some countries, even sumptuary tax. For yacht owners, usually, various tax advantages are usually applied, including tax exemptions and deductions. The same applies to insurance costs. Villa insurance typically requires higher insurance payments to protect the property from all possible risks. For yachts, rates are usually moderate, and this also impacts the estimated cost of owning a yacht.
So, as you can see, a yacht is a better investment idea today. While villas are cost-consuming and limited in their use as a business asset, a luxury yacht, designed for your needs, opens wide horizons for your pastime and business, and with time, it only recoups all the maintenance costs you should spend on it.