{"id":7218,"date":"2023-08-21T09:58:29","date_gmt":"2023-08-21T01:58:29","guid":{"rendered":"https:\/\/www.boatshowchina.com\/?p=7218"},"modified":"2023-08-21T09:58:30","modified_gmt":"2023-08-21T01:58:30","slug":"boating-world-hails-milestone-as-first-azimut-fly-60-arrives-in-sa","status":"publish","type":"post","link":"https:\/\/www.boatshowchina.com\/en\/latest-news\/archives\/7218","title":{"rendered":"Boating World hails milestone as first Azimut Fly 60 arrives in SA"},"content":{"rendered":"\n<p>Boating World South Africa is reporting a sector milestone with the arrival of the country\u2019s first Azimut Fly 60.<\/p>\n\n\n\n<p>The company has already sold three out of the four available shares in the luxury motoryacht as the company continues to see good traction for fractional ownership in the local top-end market.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"522\" height=\"277\" src=\"https:\/\/www.boatshowchina.com\/wp-content\/uploads\/2023\/08\/0821boa0001.png\" alt=\"\" class=\"wp-image-7216\" srcset=\"https:\/\/www.boatshowchina.com\/wp-content\/uploads\/2023\/08\/0821boa0001.png 522w, https:\/\/www.boatshowchina.com\/wp-content\/uploads\/2023\/08\/0821boa0001-300x159.png 300w\" sizes=\"(max-width: 522px) 100vw, 522px\" \/><figcaption class=\"wp-element-caption\">The Azimut Fly 60 is\u00a0kitted with the latest performance advancements<\/figcaption><\/figure>\n<\/div>\n\n\n<p>The arrival of the Azimut Fly 60 marks Boating World\u2019s third luxury yacht fractional ownership deal. The company helped pioneer fractional ownership in South Africa, with previous successes in the sale of a Fairline Yachts Targa 48 and a Squadron 53 Flybridge in a similar structure.<\/p>\n\n\n\n<p>\u201cThis is our third fractional ownership import \u2013 all brand new yachts, custom built to the owners\u2019 requirements,\u201d said Boating World\u2019s MD Derrick Levy.<\/p>\n\n\n\n<p>Levy said buyers were responding well to the company\u2019s strategy of selling only a handful of shares in each yacht, thereby ensuring more exclusivity and more availability. \u201cWe said we don\u2019t want 10 owners. Structuring the deals this way means each owner gets their yacht exactly when they want it, effectively about 95% of the time.\u201d<\/p>\n\n\n\n<p>He said the partnership structure had allowed the company to prioritise attention to detail. \u201cIn effect, we are running a 60ft yacht but treating it as a megayacht, which is not that difficult to achieve given the exceptional craftmanship of the hardware, with a multitude of design touch points you would typically expect on a megayacht.\u201d<\/p>\n\n\n\n<p>Levy\u2019s clients range from high-net-worth individuals to international statesmen. He believes the benefit of dealing in new boats outweighs the higher price. \u201cMany of our clients look at and do buy pre-owned boats first, but there are people who like new boats. They get the warranty, and they can select what custom options they want included in the build, from design finishes to the latest performance and navigational tech. In my books, you don\u2019t benefit as much from the purchase price of buying pre-owned as you do from the benefits of buying new.\u201d<\/p>\n\n\n\n<p>Levy said the recent arrival of the Azimut Fly 60 represents a big step-up for South African leisure boating, more specifically Cape Town. \u201cIt\u2019s not often that a yacht of this calibre graces our coastline; being a 2023 model means it\u2019s kitted with the latest performance advancements.\u201d<\/p>\n\n\n\n<p>Boating World had sold all three available shares in the yacht by mid-2022, he said.<\/p>\n\n\n\n<p>Having established its fractional ownership market in the local market, the company now intends to expand its footprint to offer more opportunities offshore.<\/p>\n\n\n\n<p>In 2021 Boating World brokered the sale of South Africa\u2019s first Azimut Verve 47.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Arrival marks Boating World South Africa\u2019s third luxury yacht fractional ownership deal<\/p>\n","protected":false},"author":5,"featured_media":7216,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[],"class_list":["post-7218","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","entry"],"_links":{"self":[{"href":"https:\/\/www.boatshowchina.com\/en\/wp-json\/wp\/v2\/posts\/7218","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.boatshowchina.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.boatshowchina.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.boatshowchina.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.boatshowchina.com\/en\/wp-json\/wp\/v2\/comments?post=7218"}],"version-history":[{"count":1,"href":"https:\/\/www.boatshowchina.com\/en\/wp-json\/wp\/v2\/posts\/7218\/revisions"}],"predecessor-version":[{"id":7219,"href":"https:\/\/www.boatshowchina.com\/en\/wp-json\/wp\/v2\/posts\/7218\/revisions\/7219"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.boatshowchina.com\/en\/wp-json\/wp\/v2\/media\/7216"}],"wp:attachment":[{"href":"https:\/\/www.boatshowchina.com\/en\/wp-json\/wp\/v2\/media?parent=7218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.boatshowchina.com\/en\/wp-json\/wp\/v2\/categories?post=7218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.boatshowchina.com\/en\/wp-json\/wp\/v2\/tags?post=7218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}