By the Engel & Völkers Team
Known for its Grand Prix motor race, high-end casinos and upscale hotels, Monaco is the epitome of luxury. Hugging France's Mediterranean coastline, the independent city-state is also known for its harbor full of yachts where the annual Monaco Yacht Show flaunts some of the world's most impressive boats. This year from September 26-29, Engel & Völkers Yachting is once again participating in the showcase, and its crowned jewel is the 51-meter superyacht Aresteas.
The elegant ship comfortably accommodates up to 12 guests and 10 crew members and includes lavish amenities such as an on-board theatre, fitness studio, sauna and massage room. One of the largest wooden yachts constructed in recent years, but also sporting state-of-the-art technology, Aresteas maximizes every opportunity to enjoy time at sea. From its indoor, outdoor, dining and lounge areas, every square inch of this superyacht was designed with the ultra-luxe lifestyle in mind—and we didn't even mention its jacuzzi and fully stocked bar.
On land, from a market standpoint, Engel & Völkers Yachting is seeing a growing interest among an exclusive group of clientele for yacht charters in the Mediterranean region. Anissa Mediouni, managing director of Engel & Völkers Yachting, reports that the demographic of charter clients is tilting younger and younger. Mediouni adds, “The number of people chartering a yacht for the first time is also on the rise.”