Russian yacht buyers heat up the market

The Moscow Times reports on the surge of yacht sales in Russia.

Wealthy Russians are buying big boats that range from $500 to $1,000,000 dollars, increasing yacht sales 300 to 400 percent.

Fueling the increase in yacht sales are buyers using the boats as investments, or just to show off.

Smaller yachts are usually imported to Russia, while bigger models are built domestically.

Comments

  1. Anonymous says:

    >For the russian VIP, exist luxury cruise on Mediterranean with Catriel yacht.

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