Discover the Allure of the If you're looking for a yacht for an enjoyable vacation... Here are the details on Biddex: A Closer Look

Published in

Tuesday 22 October 2024

If you're looking for a yacht for an enjoyable vacation... Here are the details

Have you ever imagined yourself welcoming the sunrise aboard a luxurious yacht, surrounded by clear blue waters? Winter is the perfect time to turn your dreams into reality! With the cool weather, you might find yourself seeking new adventures, and this is where yachts come in.

Did you know that buying a yacht in winter might be more suitable? With lower demand for yachts at this time of year, you might find better deals and more competitive prices.

Have you thought about buying a yacht? Let us help you on your journey to discover the world of luxury yachts, and we'll show you everything you need to know about the prices and types of yachts available, so you can make the right decision.

• Yacht prices in Egypt
Yacht prices in Egypt can vary greatly based on several factors such as size, age, condition, brand, and specifications. In the Egyptian market, prices can range from a few hundred thousand to several million Egyptian pounds for luxury yachts. Here's a look at price classifications according to yacht categories:

• Small and medium-sized yachts
Prices typically range from about 500,000 Egyptian pounds to 5,000,000 Egyptian pounds. These yachts are often between 20 to 40 feet long and suitable for short trips and entertainment.

Large yachts
Yachts over 40 feet can cost from 5,000,000 Egyptian pounds up to 20,000,000 Egyptian pounds or more, based on size, luxury, and equipment.

• Superyachts
This category includes very luxurious and very large yachts that can cost more than 20,000,000 Egyptian pounds. They are characterized by high levels of luxury and advanced technology.

Factors affecting the price
• Brand and model: Some luxury brands like Azimut, Benetti, and Lürssen have yachts priced much higher than others.
• Equipment and specifications: Yachts equipped with the latest technologies and finest interior and exterior fittings are more expensive.
• Condition and maintenance: Used yachts that have been well-maintained can retain their value, while yachts needing repairs may be cheaper.

Sources for buying yachts in Egypt
Yachts can be purchased through authorized agents in Egypt or through brokers specializing in yacht sales. You can also search for yachts offered for sale online or in ports and marinas.

When considering buying a yacht in Egypt, it's important to take into account all associated operating costs, including maintenance, insurance, marina fees, and fuel, to ensure that the cost of ownership is within your long-term reach.

Yacht agents in Egypt

Several authorized companies and agents specializing in yacht sales and after-sales services are available in Egypt. Here's a list of some of the prominent agents and companies you can rely on to buy a yacht in Egypt:

T.E.D. Marine
• Location: Cairo
• Services: Agent for several yacht brands, offering maintenance services and spare parts.
Egypt Marine
• Location: Alexandria
• Services: Selling yachts and pleasure boats, in addition to maintenance and storage services.
Nile Yachts
• Location: Cairo
• Services: Manufacturing and selling yachts, in addition to providing repair and maintenance services.
Marina Egypt
• Location: Hurghada
• Services: Specializes in selling luxury yachts and boats, and provides support and maintenance services.
Sea Way Marine
• Location: North Coast
• Services: Agent for several international yacht brands, providing maintenance and spare parts.
Azimut Egypt
• Location: Cairo
• Services: Agent for Azimut yachts in Egypt, offering sales and maintenance services.
Princess Yachts Egypt
• Location: Alexandria
• Services: Agent for Princess yachts, offering yacht sales and maintenance services.
Zodiac Marine
• Location: Cairo
• Services: Specializes in selling inflatable boats and yachts, in addition to providing services and maintenance.

All these companies offer a wide range of yachts with after-sales services, including maintenance and technical support. When choosing an agent or company to buy a yacht, it's important to ensure their reputation and the quality of services they provide.

It's also advisable to consult experts or specialized consultants in the yacht field to get the best advice and guidance before purchasing.

Important information before owning a yacht in Egypt
Buying and owning a yacht in Egypt comes with a special set of considerations due to the country's geographical and economic environment. The Egyptian coast extends along the Red Sea and the Mediterranean Sea, which provides excellent opportunities for yacht enthusiasts and sailing. Here's some detailed information about yachts in Egypt:

Famous yacht locations in Egypt
• Red Sea: Areas like Hurghada and Sharm El Sheikh are famous locations for yacht owners thanks to their clear waters and amazing coral reefs.
• Mediterranean Sea: Cities like Alexandria and Marsa Matrouh provide access to the beautiful Mediterranean waters and are famous sailing locations.
Yacht infrastructure
• Marinas and yacht clubs: Egypt has a number of modern marinas and yacht clubs that provide full support services for yacht owners, including maintenance, repair, and fuel supply.
• Logistical services: Egypt also provides logistical services to support yachts, including food supply, spare parts, and specialized services.
Regulation and licensing
• Laws and regulations: Owning and operating yachts in Egypt is subject to a set of maritime laws and regulations. Yacht owners must ensure compliance with these laws and renew licenses periodically.
• Customs and fees: Importing a yacht to Egypt may require paying customs duties and taxes, which can be costly.
Insurance
Yacht insurance: Given the cost of the yacht and potential risks, it's very important to obtain comprehensive insurance that covers potential damage to the yacht and liability to third parties.
Challenges
• Maintenance and repair: Ongoing maintenance can be challenging, especially in areas where specialized services may not be sufficiently available.
• High costs: Operating and maintenance costs can be high, especially with rising fuel and service prices in Egypt.
Opportunities
• Marine tourism: Yachts provide excellent opportunities for marine tourism, which can be a source of income if the owner chooses to rent out the yacht for tourist tours.
• Events and trips: Using the yacht for special events or family trips can provide unforgettable experiences for guests and families.

Owning a yacht in Egypt can be a wonderful and enjoyable investment, but it requires good planning and wise management to ensure an enjoyable and trouble-free experience.