A 45-year-old owner of an investment firm in Hong Kong recently bought a $4 million-plus super yacht from Spanish yacht builder Astondoa, and then spent nearly 15 percent of the cost on jazzing it up.
The owner outfitted his new 76-feet four-bedroom boat with a jacuzzi, a Ferrari driving seat and interiors designed by celebrity Italian architect Cristanto Gatto, according to brokerage Asia Boating, which conducted the deal.
“Asian clients are moving towards custom designing their boats, rather than buying designs from factories that make huge quantities of yachts every year,” says Baggy Sartape, general manager of the Hong Kong-based Asia Boating. “And they don’t like to hold back on spending.”
Asia’s yacht market, dominated by Chinese buyers, has been growing at a double-digit pace over the past few years; in 2010, sales of super yachts — boats 70 feet or longer — totaled more than $100 million, according to Hong Kong-based yacht dealer Simpson Marine.
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