Valuation Yacht Surveys

A valuation survey might be requested by the yacht owners or by a prospective buyer in order to determine the fair market value of the craft and present it to the insurers or to a bank for financing purposes.

This type of survey takes into account the general characteristics of the boat, the general condition of the boat in conjunction with the prevailing yacht market conditions, as well as other factors (e.g. yacht special features that are considered as an added value), allowing us to determine the commercial value of the boat in this period of time and in this part of the world between willing buyer and seller.

In case these organizations (insurers and/or finance companies/banks/lending institutions), have specific requirements for the survey, they should be consulted beforehand.