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The Spanish yachting market accumulates 4,883 new yacht registrations in 2024
According to the ‘Report on the Market for Recreational Craft, January-November 2024’ prepared by the Spanish Yachting Association (ANEN), of which I am tax and legal advisor the Spanish yachting market has registered a total of 4,883 recreational craft registrations during the period from January to November 2024, representing a drop of 16.4% compared to the same period last year. This decrease particularly affects very small boats under 6 metres, sailboats, folding inflatables and jet skis. The charter yachts registrations have also seen a decline in the same year, with 1,725 registrations, compared to 2,036 in 2023. It follows from the above figures that 64.4% of registrations are for private use, while 35.6% are for charter.
Sailing yachts (-19.5%) are the most affected by the drop in registrations. Despite these decreases, boats over 16 metres continue to be the most positive growth in the market, which is no doubt a good new.
We fully rely that 2025 will be a good year as perspectives and orders seems to indicate such.
A Moment of relax and Camaraderie at the Albors Galiano Portales Christmas Cocktail Party
Miguel Ángel Serra, founding partner of Legalley+, recently shared a great moment with Benito Núñez Quintanilla, Secretary General of Air and Maritime Transportation at the Ministry of Transport and Sustainable Mobility, and Julio Fuentes Gómez, Deputy Director General of Maritime Regulation at the same ministry. The meeting took place during the Christmas cocktail party organized by his colleagues and correspondents from Albors Galiano Portales at the Hotel Wellington in Madrid. The event once again reflected the collaborative and collegial atmosphere among professionals in the industry.
New aircraft sale, an amazing and astonishing Bombardier Global Express XRS
LegaLLey+ is proud to share the successful execution and finalisation of the sale of a Bombardier Global Express XRS for one of our valued clients to another esteemed entity. Renowned for its exceptional range, performance, and luxurious cabin design, the Global Express XRS stands as a benchmark in the heavy cabin jet market, offering unparalleled comfort and transcontinental capability. This aircraft exemplifies the perfect balance between advanced technology and refined elegance, making it a preferred choice among discerning buyers. The transaction reflects our commitment to delivering seamless solutions in the high-end aviation sector, while underscoring the enduring appeal of this iconic model in today’s competitive market.