Independent Yacht Appraisals & Desktop Valuations

An independent yacht appraisal provides a supported opinion of a vessel’s fair market value for an agreed purpose and valuation date. Global Yacht Surveyor offers documentation-based desktop valuations and appraisals supported by a physical inspection. We discuss your intended use first so the scope and evidence are appropriate to the assignment.

Drawing on extensive experience in marine surveying, naval architecture, yacht construction, and engineering, we evaluate both market evidence and the technical characteristics that influence an individual vessel's value.

Desktop valuations: based on documentation

For many valuation assignments, a physical inspection is not necessary. When reliable vessel documentation and market information are available, a desktop appraisal can provide a practical, professionally supported opinion of value without the expense and logistics of an onboard inspection.

A desktop valuation is prepared without physically inspecting the vessel. It draws on the available specifications, photographs, records, previous survey reports and relevant market evidence. It may be appropriate where sufficient reliable information is available and the intended recipient accepts this approach.

The report identifies the information relied upon, its sources, assumptions and evidentiary limitations. Photographs and documents cannot independently confirm current condition, uncover concealed defects or verify that reported work has been completed. Missing, outdated or unverified evidence can limit the conclusion; further information or a physical inspection may be needed.

Appraisals with a physical inspection

A physically inspected appraisal includes attendance aboard the vessel to examine accessible areas and record condition information relevant to value within the agreed scope. The report distinguishes direct observations from information supplied by others and states any access restrictions or untested systems.

A physical inspection provides additional condition evidence, but does not remove every uncertainty. Haul-out, machinery testing and sea trials are included only where specifically agreed. An appraisal inspection has a valuation-focused scope and does not replace a pre-purchase survey when deciding whether to buy a yacht.

How the fair market value is supported

The appraisal considers the vessel’s identity and specifications, age, equipment and condition, together with documented alterations, refits or repowering that may affect its market position. Expenditure on improvements does not necessarily translate into an equal increase in market value.

Relevant comparable vessels and available market evidence are reviewed, with differences in specification, condition, location and timing considered. Asking prices are distinguished from verified transaction evidence; limitations in the availability or reliability of comparables are disclosed.

The report explains the valuation basis and reasoning and provides a supported single fair market value (FMV) conclusion as of the stated valuation date, subject to its assumptions and limitations. It is an opinion of value at that date, not a guarantee of a future sale price.

Intended use and acceptance

Appraisals may be requested in connection with refinancing, an estate, a legal claim or a charitable donation. Requirements differ by institution, jurisdiction and intended use. A desktop valuation or physically inspected appraisal is not automatically acceptable to a lender, insurer, court, tax authority or charity.

Please share any recipient instructions before commissioning the work, including requirements for the report, inspection, valuation basis and appraiser qualifications. Acceptance rests with the intended recipient and cannot be guaranteed. If the requested purpose requires evidence or qualifications outside the agreed service, we will discuss that before proceeding.

Discuss your vessel and valuation needs

Contact Tony directly to discuss the yacht, the reason for the valuation and your timing. We can then agree whether a desktop valuation or a physically inspected appraisal is appropriate, what information is needed and the report scope. Fees are quoted individually for each assignment.