People don’t rush out and buy super-yachts when economic crises hit, which is probably why the market for pleasure cruisers has fallen into a big hole.
Take the 164ft Alibella (pictured), it used to be worth €33m (about £30m), now it’s a snip at just €24.5m. Clearly, people just can’t justify these little luxuries.
According to this [...]
Posts Tagged ‘yacht’
Yacht for sale, £8m off!
Posted in money, sales, tagged downturn, money, rich, yacht on November 18, 2008 | Leave a Comment »