A mega yacht is another name for a vessel (sailed or motor driven) that is longer than 50m in overall length, but can also be as large as cruise ships and often carry a professional crew. Though they are used exclusively by their owners, some are used for commercial charter.
But, when did luxury yachts — mega yachts and superyachts — started to appear? Let’s dig into its history.
Luxury yachts started to appear in the 20th century when the wealthy individuals started to commission the construction of large private yachts for their personal pleasure.
Today, there are over 10,000 mega yachts in the world with over 150 yachts sold each year. The majority of these are motor yachts contributing more than 80% of the total number of mega yachts in existence; the rest are sailing yachts. In the latest data, the most expensive luxury yacht is the History Supreme with a price of $4.5 billion.
Mega Yachts vs. Superyachts
Mega yachts and superyachts are types of luxury yachts but sometimes both terms are interchanged with one another. While there’s no industry standard for the difference of these two yachts, industry experts have generally accepted that superyachts are deemed to be anything above 24 meters (79 ft) and mega yachts are generally referring to yachts over 50 meters (164 ft).
Why choose a mega yacht?
Owning a luxury yacht is considered to be every boat enthusiast’s dream. For them purchasing a yacht does not only brings an exciting and rewarding feeling, so does adventure, comfort, privacy and security. Truly, it is a marvel of beauty, efficiency, and functionality.
With today’s high levels of comfort, convenience, leisure and adventure; mega yachts are not just being used to relax and unwind but also for business purposes. Some owners are investing into buying a mega yacht for commercial use, for entertaining business clients, to use as mobile offices and plenty of other good reasons.
If a super-luxurious mega yacht is on your list, Majesty Yachts (a Gulf Craft brand) has a wide array of iconic luxury yachts for sale, all with the latest technology and design that matches its new owner’s dream. Check their superyachts collection here: http://www.majesty-yachts.com/superyacht-collection/.