best yacht 1 million

Luxury & Performance: 5 Motor Yachts Under $1 Million Ready for Adventure on the Water.

Jun 23, 2023

Luxury yachts are every seafarer’s dream, but they don't have to remain a dream. With careful planning and research, you can find a luxury yacht that fits your lifestyle. Here are 5 luxury yachts under $1 million available right now:

1. D’PADRON - 2013 AZIMUT 58 FT FOR SALE (pictured above)

The D’PADRON is a sleek and stylish yacht that offers the ideal blend of luxury and comfort. This 58-foot Azimut boasts state-of-the-art amenities, including an open salon, a fully equipped galley, and three comfortable staterooms, and the flybridge offers a relaxing and spacious outdoor area that can seat up to 10 guests. The D’PADRON is priced at $849,000, making it an excellent choice for those looking for a high-quality yacht to begin their nautical adventures.

2. SATISFIED - 2008 SEA RAY 60 FT FOR SALE

SATISFIED is an elegantly designed and well-equipped 60-foot Sea Ray yacht with plush interiors and impressive performance capabilities. With its three luxurious staterooms, spacious salon, and well-equipped galley, this yacht is perfect for family getaways and weekend outings. Additionally, the vessel comes with a hydraulic swim platform, tender garage, and fully equipped flybridge, for the ultimate luxury yachting experience. You can purchase this stunning yacht now for $849,000.

3. COCONUTS - 2022 TIARA YACHTS 38 FT FOR SALE

With its innovative design and excellent performance, COCONUTS is a splendid 38-foot vessel from Tiara Yachts. The vessel offers a spacious layout, including a cozy salon, a fully equipped galley, and two comfortable staterooms. The outdoor experience is equally impressive, with a large cockpit and sun pad perfect for soaking up some rays. This stunning yacht can be yours for $765,000.

4. ANDI LYNN - 2019 INTREPID 40 FT FOR SALE

Last on our list is the ANDI LYNN, a 2019 Intrepid 40-foot center console yacht that offers both luxury and performance. This yacht has a modern, sporty look and comes equipped with a spacious cockpit, comfortable seating, a fully equipped galley, and a cozy salon. The vessel's performance capabilities are also remarkable, thanks to fast and reliable outboard engines. You can purchase this stunning yacht for $665,000.

5. JOURNEY - 2016 TIARA YACHTS 45 FT FOR SALE

JOURNEY is a 45-foot flybridge from Tiara Yachts that oozes luxury and elegance. Launched in 2016, this yacht is well-appointed with a spacious salon, fully equipped galley, and two comfortable staterooms. With ample indoor and outdoor seating options, the yacht's flybridge deck sports a wet bar, grill, and comfortable seating. You can purchase this sports yacht today for $735,000.

These yachts offer a range of options for individuals looking to enter the world of luxury yacht ownership. Each provides an exceptional experience by combining state-of-the-art amenities with the comfort of being on the water. Owning these high-quality yachts would be a dream come true for any nautical enthusiast.

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Best luxury yacht: 7 ultimate luxury cruisers you can buy

• Toby Hodges
• March 14, 2024

Toby Hodges takes a look at all the nominees and the winner of the best luxury yacht category in the European Yacht of the Year Awards

The definition of the best luxury yacht will differ according to personal opinion and from boat to boat. This year’s nominees in the luxury yacht category of the European Yacht of the Year Awards proved that perfectly.

The European Yacht of the Year awards are selected by a broad panel of expert judges from across the globe. These are people who spend their professional lives sailing and comparing yachts, so you can be certain that the yachts which stand out in this field are truly the best of the best on the market.

The best luxury yachts

Best luxury yacht winner 2024 – arcona 50.

When you enter the fiercely competitive 50ft luxury performance yacht market you better get it right. And the jury felt Arcona managed that. This watershed design for the traditional Swedish brand, by X-Yachts co-founder and former designer Niels Jeppesen, is a big, contemporary new Arcona, one that sees it move away from its cruiser-racer heritage and classic interiors.

The on trend styling inside and out is backed up by a premium level of build and finish quality and sailing performance – particularly if you have the performance sails, traveller and deep (2.95m) keel options the test boat carried, although the latter does limit your berthing and anchoring options.

While I doubt it’ll be raced or will suit typical bluewater use, it offers a purity of performance push-button sailing: a handsome prospect upwind in a light breeze, it transforms into a powerful reaching machine with stacks of control.

As chairman of our jury, Jochen Rieker, puts it: “The boat certainly did not win for her somewhat borrowed looks. She wins by checking all the boxes in all other respects. Slipping along gracefully in the lightest of airs, holding her stride and her balance in more demanding conditions, offering warmth, light and this reassuring feeling of utter quality down below – there simply isn’t anything to fault.”

Contest 50CS

The Contest 50CS, for example, is an archetype luxury cruising yacht, one built to the highest standards and that could take you to most waters in impeccable comfort. This model is, uniquely, available in two versions: this more conventional 50CS with aft master cabin, or the forward owner’s suite version on the aft cockpit Contest 49CS . We ran a full test on the latter after spending two days aboard in the North Sea, where that noticeably high freeboard, which may not aid boarding nor windage, helped keep us dry on deck in a steady Force 6 gusting 7.

As the 50CS proved, this Judel/Vrolijk design keeps slipping along in the light stuff too, providing enjoyable sailing in 6 knots breeze under a code sail. The centre cockpit offers a deep protected guest area, but also links well to the spacious aft deck.

And the Wetzels-Brown-designed interiors of Contests today are stunning and hard to match. The engineering, access to usable stowage, details and finish on the 50CS is first class and to get this level of quality at this size is special.

Both Contest and X-Yachts are early adopters of hybrid power, offering their bluewater cruisers with optional electric drives. For the XC 47 this was designed-in from the start to offer Oceanvolt’s award-winning new 25kW regenerative drive.

The XC 47 is another wonderfully engineered and thought out yacht for distance cruising, in particular for those who also enjoy hands-on helming pleasure. That should come as no surprise to any X aficionados, but what really struck me most about this yacht was the stowage, and the forethought needed to create that, together with how practical it has been made.

That may sound slightly anticlimactic but ask any long-term cruiser and stowage is always a priority. On deck, this constitutes a huge lazarette and sail locker, plus clever systems for launching a dinghy via davits and a liferaft canister, while below decks every square inch of space has been used effectively, with lockers hinged with gas struts.

It’s clear the Danish yard went to considerable time and effort, even building a full mock up of the interior that could be canted 20° each way.

If the deck saloon style looks didn’t sell this model to all – this is the first full non-Jeppesen designed X – the jury were converted once they’d taken the helm. ‘Quirky’ became ‘muscular and bold’. The ease with which it can be sailed from the cockpit was also appreciated.

While I understand many offshore cruisers like a protected centre cockpit and more sun protection, the attention to detail, stowage and practicalities, combined with the direct steering, motion and enjoyable sailing this X offers make it a standout new offering.

Jeanneau Yachts 55

Meanwhile the Jeanneau Yachts 55 stands out for different, unique reasons in this category, offering a completely new concept in comfort on deck while at anchor and a novel accommodation layout. Its focus is on outdoor living space.

What helps place this in a luxury bracket is not simply the price or the creative input of superyacht specialist design duo Philppe Briand and Andrew Winch, rather that its layout creates a palatial amount of private space for the owner’s suite. Guest cabins have their own direct access from the extensive cockpit via gullwing doors.

It certainly makes sense for solo owners or couples using it as a warm water apartment. How many people this will suit is another question, as it segregates any guests, crew or children from the galley and saloon.

I used the term monocat when I first viewed it, as the 55 really does attempt to mix the two worlds, particularly in terms of providing owner privacy and lounging space. Choose the rigid hard top and windshield and there’s a vast amount of covered area including a dinette and chart table – plus a bimini can shade all that extensive aft deck too.

The penalty comes in additional weight and wetted surface, and is felt in the handling and performance, the latter particularly in lighter breeze with the optional in-mast furling, self tacking headsail and shallow draught package we had. However, it’s set up to be easily managed from the mid cockpit with good visibility from the twin helms and easy circulation thanks to the ramped side decks. Full report in YW February 2024.

Best luxury yacht 2023

Best luxury yacht winner – oyster 495.

It is hard to imagine that the decor of a yacht can change its look and feel quite this much, yet the layout of this second 495, Eddie Jordan’s dramatic looking Tuga , is in fact identical to the first boat that I spent several days aboard last summer.

At its heart is a wonderfully (Humphreys) designed and engineered luxury bluewater cruiser conceived from the ground up, built in a new dedicated facility to a repeatable quality very few yards are capable of.

The 495 offers consistent passage making speeds in real voluminous comfort – whether enjoyed from the deep cockpit or the best-in-class aft cabin. Deck stowage and mechanical space is also superb.

Then factor in the family appeal of Oyster’s after sales and world rally programme and you start to appreciate the premium world this sub 50-footer gives access to.

The first yacht fully conceived under CEO Richard Hadida’s reign, this is also the smallest completely new Oyster 495 since 2005 – and it’s a triumph. It was our September 2022 cover star in which we featured the full review from our Oyster 495 three day test .

Beneteau Oceanis Yacht 60

The Oceanis Yacht 60 is a very different beast indeed to the 62 it replaces as flagship for the Beneteau range. The yard has learned plenty from the success of the First 53/OY 54 and wanted to create a 60 in this style and with the same deck layout (albeit larger and wider) and ease of circulation.

The construction experience of the smaller model clearly helped too, as this is a whopping five tonnes lighter than the bulky OY62 and with a deeper (2.6m) keel. The telling result is on the water. It feels sporty to helm and we averaged a knot slower than the single figure 6-8 knot windspeeds upwind and matched them reaching with Code 0 and a slight swell.

The vast cockpit works well, sheltered below the semi rigid bimini, it has plentiful lounging space with sailing systems led aft to the twin helms. The interior sees a 3+3 layout, where Beneteau wanted to get rid of the corridor effect of the OY62. The galley is forward to help open out space, while the forward suite with offset berth and headboard aft works well to give space with privacy.

This is an attractive, voluminous yacht that leaves a good overall impression whether under sail, on or below decks.

Ice 62 Targa

It all looks pretty funky below decks on the Ice 62 Targa too, especially if you’re watching the masthead fore and aft cameras (plus bow and prop cam) on central displays mounted in the saloon while you slip out of the dock! The Ice is a seriously impressive, contemporary yacht, one that in looks, performance and execution, won over many of the judges.

The first to launch is a highly customised project for a passionate sailing owner who covers long distances solo – he’d already sailed it 3,000 miles around the Med that autumn. It’s impressively stiff, sails handsomely and, thanks to a telescopic keel, points well. We matched single figure windspeeds, and clocked up to the high 9s in 12 knots wind.

Umberto Felci’s team spent 4,000 hours on the design, providing lots of space and light to the interior and a chillout zone in the semi raised saloon. This was easily the coolest looking yacht, with its aggressive reverse bow, chamfered gunwales and carbon T-top bimini, and all engineered and built to a high standard.

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10 Yachts for Sale Under a Million

Buying a pre-owned yacht offers the advantages of immediate availability and reduced cost compared to commissioning a new yacht. Also, the negotiation process saves money.

A luxury yacht that is already on the water also has a track record and charter history, which can be factored into your purchase decision. An existing vessel offers you the opportunity to refit her to your taste and needs, which is both faster and more cost effective.

We have selected for you our 10 yachts available for purchase for less than one million euros.

Catamaran Lagoon 620 : the comfort of a hotel for less than 1 million Euros

VPLP designed this luxury catamaran and paid particular attention to the details that make life on board a pleasure. A large number of windows brings natural light into every room; her large flybridge offers a 360° view and ample space for relaxation.

The Lagoon 620 is also the ideal boat for private crewed charter cruises. This catamaran is in a 6 cabin version, the future buyer should plan to add the necessary options to allow a suitable level of service for luxury charter. Our brokers will be there to advise you accordingly.

Fountaine Pajot MY 44 catamaran: a 44′ yacht for sale for 900K€

A motor yacht in perfect condition, designed for long and extended cruises while remaining comfortable in hers 20m² salon, a fully equipped kitchen, a master suite with a large flat screen TV, not to mention hers 12m² flybridge that offers a breathtaking 360° view.

With her volume and level of finish, the Foutaine Pajot MY 44 can easily compete with monohulls of 15 meters and more.

All options and in perfect condition, this MY 44 is an opportunity not to be missed!

Nautitech 47 Power : less than 1 million for the combination of comfort and speed

Careful and comfortable interiors. Large portholes surround the yacht and bring natural light into the large salon to enjoy a 360° view.

Hers XXL flybridge offers exceptional moments of relaxation with a large solarium, a lounge area with a bar and a steering position. The lines of the hull are optimized for a perfect finish, stability and comfort at sea whatever the speed.

The best finishes have been brought to the interior of this Nautitech 47 Power for an even higher quality. The proposed unit is in excellent condition!

Privilège 585: a best seller yacht for sale for less than a million

Comfortable and elegant, this magnificent catamaran is suitable for cruising in the Mediterranean or in tropical waters.

She has all the amenities of a modern cruising catamaran with the highest standards for safe, comfortable and relaxing cruising. Her interior is fully air-conditioned and has stylish beechwood furnishings and contemporary luxury, all with a magnificent panoramic view.

Built in 24 units, the PRIVILEGE 585 has established herself as a “Best Seller” in terms of build quality, finishing touches and cruising usage.

Fountaine Pajot Queensland 55: a stable yacht for sale at less than 1 million

Built on the experience gained with the Cumberland 46, the Queensland 55 has everything you could want in a boat. Indeed, she has a huge salon, which combines dining room, kitchen and navigation room, a deck, a large flybridge, spacious cabins and lighting that creates a refined atmosphere.

Capable of sailing at an impressive speed, it is a real pleasure to maneuver this Queensland 55 .

Beneteau Oceanis 62 : a sailing yacht for sale below 800K€

First born of the range, the Oceanis Yacht 62 opens the door to a new art of sharing magical moments at sea. She is designed to be reassuring, balanced, maneuverable and elegant.

She is organized around a spacious saloon and private areas, bathed in light from the huge hull portholes.

This Oceanis 62 with hers luxurious design offers noble materials and exclusive cabinetry finishes.

Lagoon 50 catamaran : a sailing catamaran for less than 700K€

This new yacht comes between the unavoidable Lagoon 450 & Lagoon 52. She is the seductive option for sailors looking for a large and modern marine boat.

Thanks to hers new visual identity, hers new rigging, she offers increased performance with a unique signature.

Hers large living spaces and hers panoramic vision are more than ever highlighted on this Lagoon catamaran 50 . This brand new catamaran will need to be customised with the options of your choice. Our sale brokers can give you tips on the best ones to had for an optimal charter revenue.

Lagoon 570 : space, luxury and comfort for sale at less than 600K€

She is one of the best Lagoon ever designed for those seeking balance of space, luxury, comfort and performance.

This yacht is the perfect travel vessel for an adventurer or a family. The hull is relatively slim, the bows are slim which allows her to sail smartly even in light breezes.

This Lagoon 570 was originally owned by Mr Yvan Beneteau. She has therefore benefited from a particular attention from the shipyard with carbon reinforcements in the beams for example.

Beneteau First Yacht 53: a performance sailing yacht for less than 500K€

This unit has been designed for the discerning owner and connoisseur for luxurious performance. The hull and helm balance provide a unique feeling, the circulation is fluid, the interiors are both marine and modern.

With the First Yacht 53 , the new First generation is on its way!

Lagoon Catamaran 440 : the affordable catamaran for sale at less than 400 K€

The architects added on this yacht the latest technological developments of cruising multihulls. At first glance, it is obvious that great care has been taken in hers design: the lines are long and elegant, the shapes are dynamic, the spaces are cleverly used and the ergonomics are optimal.

The salon is a superb living space and offers a 360° panoramic view. The large windows in the hull of this Lagoon 440 bring a lot of natural light and offer an unparalleled view of the outside world while remaining discreet.

Read also : Buying – Selling a yacht

There are many boats for sale on the market and you should find yours! If you haven’t found yet what you were looking for, do not hesitate to contact our team of professionals who will help you in your research.

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Brokerage yacht market in 2023 : a review of key trends and developments, the 5 best sailing boats under 60 feet, how to get the best deal while selling a yacht.

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Top 10 Downeast Boats - That You Can Buy for Under $1 Million

Many many years ago, as a young, enthusiastic, and energetic sailor, I had a conversation one evening with an old friend of my father's.

We sat on the engine box top of his motor yacht, quenching our thirst, in the setting sun. His hair, I remember was all white, skin like boot leather and a way of speaking which involved long pauses before even the shortest of his sentences were uttered. I was no doubt naive and honestly, probably rather blinded, by my then unbridled excitement for ocean racing.

I was intrigued and puzzled.

Here was a man I knew who had traveled in sailing yachts, extensively across oceans, before and after the last great war, regaling me with tales of his great passion for and his long experience of, voyaging under sail.

He was, however, rather astonishingly, I thought, ... telling me all this from the stern of a motor yacht which he now owned.

Completely incongruous ... I said to myself at the time!

Why, I asked him, do you own this vessel, when your eyes light up when reminiscing about sailing yachts?

He smiled and then .... after the mandatory long pause, replied: "You will young man someday, if you are fortunate, come to understand."

Fifty years later I possibly do!

Over the years, my reflexes have slowed, my desire to work the foredeck on a cold and windy night has abated some, and the word "easier" has increasingly edged into my conversations. I have learned to channel my energies more selectively. A good night's sleep in a level bunk is now far nearer the top of my mind and yes, I must admit, a large stable platform and the ability to really live...... below decks, while underway have all worked their way into my priorities.

The result is that I pay attention these days, more than ever, to a well built, commodious, power yacht. Having sold our larger sailing yacht, I have been investigating what should be next in the family. I have come to some conclusions!

I must also confess right up front that my eye is particularly drawn to those that have the lines of what most of us call a "down east" style. A low profile, lobster boat lines and slightly less yachty, more working boat look appeal to my nature.

Let me share some of these findings with you and even one or two (if you will permit) of my opinions!

There are many well-built power vessels available on the brokerage market these days.

For the purposes of this article, and reflecting some of my own priorities, I have been guided, (in addition to my prejudice toward my preferred style,) by considerations of quality construction and performance, good or at least reasonable resale value, a strong eye to roominess/comfort and a purchase price of less than 7 figures in US dollars.

I have limited my choice to 10 vessels and must, therefore, of necessity, omit some very good alternatives. I list my choices and comment on them in no particular order.

Are you looking for a downeast style yacht?

Contact David Walters Yachts for expert advice on locating the boat right for you.

Top 10 Downeast Boats  - That You Can Buy for Under $1 Million

The Sabre line has a very solid reputation. Several of these vessels including the 48’ must be a serious candidate when the criteria outlined are all considered. In addition, the brand holds resale value, has well thought out accommodations and several recent design ideas integrated into the traditional look and interior finish. She is large enough to accommodate 2 couples in comfort, each with head and shower. The addition of a captain’s quarters below salon sole allow extra accommodations for crew/family members.

Her expansive foredeck is a great lounging area and her stern cockpit dining table and retractable rear cabin window creates a large outdoor living/entertainment space.

Market offering prices are affected by vessel conditions and options and can vary noticeably depending on the brand and style of the vessel's power. Pros/cons between the Volvo/pod combination, the Cummins/Zeus duo or more traditional straight shaft drives are important considerations here.

• 48’ models on the brokerage market range from 2012 in the mid $600,000’s to very recent models at or just above $1 Million
• Sabre 48 models on the brokerage market range from 2012 models in the mid $ 600,000s to very recent models that can reach as high as $ 1,400,000. There are generally a fair amount of options available, so buyers will have a nice selection to choose from.
• Sabre models in the 40 to 46 size range vary in age and configuration but can be purchased as low as $300,000 for a good quality but older model.
• Search Sabre Yachts for Sale

The Hinckley Company has built a remarkable brand over the years. Their power line includes several vessels in the range of 44’to 55’.

Many Hinckley’s offered on the brokerage market are available at prices which are now more economical, relatively speaking, than at new.

The name brand, the associated appeal to some buyers, the quality of construction and the classic appearance overall, over the decades, maintained their attraction to a segment of the market. For this reason, they are rarely advertised at bargain prices although occasionally examples of this brand come on brokerage, usually due to seller circumstances, at prices which make them within reach of the value buyer.

Again condition, options and maintenance history are always factors. Power plant options are an interesting aspect of these vessels as more and more alternatives become available on the brokerage market, including electronic diesel-jet drive combos.

• 55’ Talaria 2005-6s offered at slightly over and slightly under $1 Million.
• 44' Talaria models, 2003-8, offered at $500-800,000.
• Search Hinckley Yachts for Sale

GRAND BANKS/EASTBAY

The Grand Banks name has been among the honor gallery for pleasure motor yachts for many years resulting in part from its original line of wood, classic trawler style vessels. Brand construction was converted to fiberglass as this material took its place among boat builders. Eventually the "Classic" design was transformed into the more modern East Bay line, keeping of course a "Down East "look. The vessels have a reputation for quality build, sea kindliness, fine finish and have an enthusiastic and substantial following.

One extremely interesting aspect of this brand is the large number of 40-55 ft vessels of both the classic and East Bay version that are available literally around the world. One can buy a GB and start an adventure from most major international yacht centers, a demonstration of their popularity as a brand and proof of how widely known and accepted they are. The variety of models in this size range also allows a purchaser almost any interior configuration that suits and, in a vintage/price point acceptable. 

Grand Banks hold their value well and many of the more popular models are, it seems, always available in brokerage. Newer vintages are now appearing on the resale market with pod drives and seakeepers. The classic line trawlers are numerous on the market and ones in very good condition can be acquired at very reasonable prices.

• 44’ East Bay from $300,000 to about $1M based on model years ranging from 2003-2017
• The larger models, with sizes in the range of 50 ft, are also available for well under $900,000
• Search Grand Banks Yachts for Sale

  WESMAC

The Wesmac brand has a reputation as a very well built, seagoing, commercial grade vessel and as a general statement their pricing reflects that. They are considered my many howeveras not as "yachty" as other brands and tend toward a more serviceable finish and appearance.

The design involves more rear deck working space, with a lobster boat set of lines and not surprisingly less interior cabin space and fewer accommodations than other brands. That said many have been built/converted to yachts, providing owners who wish to spend more time offshore, with sturdy reliable service and less fancy maintenance.

Most on the brokerage market are economical single diesel engine models, although a few twin power do exist. All are straight shaft. Vessels in some lengths are available in fly bridge models in addition to the traditional lobster boat and express design.

Pricing covers a broad range with:

• 1998 36’ traditional lobster boat design at $260,000
• 2008 flybridge model at $800,000
• 2018 46’ for just over $1 Million
• Search Wesmac Yachts for Sale

Bruckmann is perhaps less well known than others referred to here but among those who do know them these vessels garner great respect. Builders of both power and sail vessels, the power line tends to the down east styling and is frankly reminiscent of the Talaria from a distance. The largest power production model is the 40' classic, a few of which do come on the brokerage market occasionally.

They are smaller than the other yachts mentioned in this article (being designed around a single double berth cabin) but with a large, airy salon and rear cockpit deck. Single diesel, straight shaft drives and a very nice interior finish cap off a strong and pleasing looking vessel.

• 2012 Bruckmann 40 version, located in freshwater, low hours, in very good condition, priced at $650000
• Search Bruckmann Yachts for Sale

The MJM line burst upon the power yacht scene some years ago, conceived by a very experienced builder, with several new ideas about what would interest older sailors, moving to power. The result was a line of yachts that could perhaps be best described as a "modern version of the old "Down East". Low in profile, slightly reminiscent of a working fishing boat, bright, airy, open space, soft lines and just a hint of being ahead of its design day. Big on the "deck to interior salon space" concept, with a more compact approach to state rooms, a no wood exterior and a less woody interior, means the MJM has trimmed back vessel maintenance, with an eye to not interfering with cocktail hour. Modern strong materials are used throughout.

She will get you there quickly with the planning hull and lots of power. Speaking of power, and depending upon size, these boats are available with diesel straight shaft or stern drives with some of the newer ones featuring pods (Cummins or Volvo IPS). All come with a joystick for easy maneuvering and a design intended to accommodate shorthandedness.

All this comes, however, with a price!

These vessels are available in a broad range of sizes starting from 30’ (they call it 29z) and growing to 56’ in length (the 53z). The larger versions' pricing, both new and used, will well exceed 6 figures. In order to stay under $1M on the brokerage market, some combination of experience and size must be considered. In my opinion the 36z model (which is 39’ LOA) is probably the minimum size that would allow a couple to cruise extendedly, in some comfort.

• 36z 2012-13 versions offered at about $560,000
• 40z models (LOA 44’) an '09 and an '11, offered between $650,000 - $850,000
• Search MJM Yachts for Sale

LITTLE HARBOR

Little Harbor yachts must be mentioned here, although availability is an issue. They rate extremely high on the price / quality ratio even though new vessel production ended years ago. The Little Harbor is simply a great boat. Most come with the Whisper Jet Drive, but some are available with a diesel straight shaft.

Built for several years by Ted Hood's Company, then constructed overseas, these boats were well designed, well-built and very nicely finished. Although there was the odd one built to 52’ LOA, most of the production line vessels were in the 32’ to 44’ size.

The interior is really designed for one couple cruising, with its single double cabin forward and convertible dinette.

The 42’, 40’and 38’ versions are similar in layout, slightly smaller but of equal quality of course. The Yanmar diesels with shaft or Jet drives, interior yacht finish, a good ride, and a reputation for reliability all produce a beautiful "down east" looking little ship.

Brokerage LH boats, in the range of 15-20 years old, should have their condition and level of maintenance thoroughly verified. Any owner must also know that future care would be very important here. Pricing with these vessels is a very pleasant surprise for this quality.

• 44’ versions are advertised for under $300,000 and go down from there
• Prices as low as $125,000 for the smaller models are available
• Search Little Harbor Yachts for Sale

This venerable American yacht designer and his products are well known to those of us with some miles under our keel. A standout with sail he eventually was in involved in the production of some very fine power vessels.

These again are a line of yachts that, sadly, are no longer produced, but are part of the well designed, well-built genre of yesteryear still available through resale. All construction was, for its day, first class with traditional interior wood finish and a relatively (by todays standard) simple layout.

These vessels are part of American nautical history and as such, most have been exceptionally well maintained, a reflection of the sophistication of their ownership. All are diesel powered with, of course, straight shaft, as was their time. 

• 1999 40’ Express is a one cabin optional layout with Yanmar power, 2600 hours and a very fine finish with impressive maintenance, listed at $375,000
• 2005 49’ Express is also a one stateroom vessel, designed to be very roomy and commodious, both below and in the main salon. The 2 Cummins engines have only 1650 hours on them and the interior is impeccable. She is listed at $540,000
• 56’ Flybridge is a 2 stateroom layout with a roomy fine interior, also apparently well maintained, she is powered by twin Caterpillar diesels, with only approx. 1900 hours on them.
• Search Alden Yachts for Sale

Quality from a few years ago, standing the test of times, at very attractive prices!

Vicem Yachts are built in Turkey by an established company, family owned. They are not as well-known as many other brands in North America but do have traditional "downeast" good looks and a quality build.

Their traditional construction is composite, cross layered epoxy soaked mahogany strips encased with fiberglass mat and resin. They now can build in cored fiberglass, but this is relatively recent and therefore most vessels on the brokerage market are the composite. The joinery is of a high standard and finished in traditional woods. The vessels are all outfitted with world class mechanical, electrical, plumbing, communications and navigation equipment, with buyer choice as to diesel engines, straight shaft or pod drives. They also boast the ability to modify any layout of their production models to accommodate much of what a new buyer may wish to change.

The builder also provides North American warranties and support. One of the great attractions of this line is pricing, both as to new and on resale. The builder can take advantage of local Turkish labor rates to produce, out of the door, vessels at extremely competitive prices, when compared to the other yachts listed in this article.

This has a trickledown effect on prices in the brokerage market. Provided, as with all used vessels, that she has been well maintained, and that in particular, any additions to hull or decks have been done properly to ensure no water intrusion, these boats can be an attractive alternative.

Another advantage is that there are several choices on the brokerage sheets, sometimes at prices which vary greatly, even as between similar sizes. This builder builds production models from about 33’ up to about 70’ with larger vessels currently being custom.

• 2005 54’ at $575,000
• 2007 55’Classic at $580,000
• 2003 51’at $540,000
• A virtually new 2019 46’ Classic is available and could possibly be purchased for about $995,000
• Search Vicem Yachts for Sale

For those of you who appreciate a little Italian flair with your traditional "down east" vessel there is this very stylish option, Rivolta. This line of vessels is designed and built in Sarasota, FL by a family with old country origins. With a deep history in sailing, racing power boats and entrepreneurship, the company principals have developed their range of power yachts with a distinctly European flair.

The hull and superstructure retain the typical lines of their down east sisters but the finish and interior styling trend closer to what we see in many modern vessels from "on the continent." These boats as new are available in a range of sizes, all built with local quality construction, world class equipment and are powered with diesels engines of your choice. Interiors are, in keeping with the overall design approach, less "woody", more bright light/white color and more open feeling than some others of their hull style. These are yachts which are a step out in a slightly different direction, but not so far as to be beyond appeal to a typical "downeast" owner.

Two of their most popular vessels are the 44’ Coupe, a 2 cabin 2 head vessel with room and openness. Some were built with diesel- jet drives, an expansive open rear deck with opening transom and large swim platform. The 40’ Coupe, a 2 cabin 1 head vessel, twin diesel power, comes with all the basic accommodations you would expect from a yacht this size.

• 2009 44’ Coupe with diesels - jet drives at $339,000
• 2012 44’, straight shaft diesels, at $360,000
• Several 2005 41’ Coupes at about $225,000
• Search Rivolta Yachts for Sale

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Best Yachts – Top 15 Picks for 2024

Carver 52 Command Bridge

Hatteras M75 Panacera

Sabre 58 Salon Express

What’s the first thing that comes to mind when you think of a yacht? Probably those huge luxury cruisers reserved for the high society folks, right? Well, that’s true, but those are a special group of ships referred to as luxury yachts.

The questions you need to be asking are – What is a yacht? At what point is a yacht regarded as a ship? And, what exactly makes a yacht a yacht? Here’s a little boating lesson for you.

A yacht is any fast cruising watercraft used for pleasure or sport. Yachts can be classified into cruisers, superyachts, and mega yachts. The difference between them all boils down to their respective sizes.

Luxury vessels that are less than 12 meters long fall in the class of cabin cruiser yachts – or simply, cruisers. Those that measure more than 24 meters are classified as superyachts. Anything that’s 50+ meters long is a mega yacht. Anything larger than a mega yacht is generally referred to as a ship and generally describes a working vessel as opposed to something recreational.

So, as you can see, you don’t necessarily have to be swimming in a ton of money to become a yacht owner. The only difference will be in the size of the craft you get. Clear enough?

Without further ado, here are the 15 best yachts, as well as a few useful tips on how to choose the best one.

Top on our list of best yachts is the Carver 52 Command Bridge. Its unique design, spacious salon, expansive foredeck seating area, and well-thought-out amenities make this one the best yachts bar-none.

It comes with a master head, a spacious stall shower, and a full-beam master stateroom that even has its own private entrance. It doesn’t get any better than that.

 Carver  →

● Designed for long-range cruising ● Ample living space ● Comes with loads of convenience amenities

● Not ideal for use in icy waters

The Hatteras M75 Panacera yacht is the perfect embodiment of superior craftsmanship and timeless elegance. One look at it, and you can tell that it was built with impeccable attention to detail.

Everything from the galley layout and the open-concept deckhouse salon to the 360-degree panoramic windows and state-of-the-art amenities adds a completely new dimension to luxury yachting.

 Hatteras  →

● Ample space ● Exquisite interiors and exteriors ● Fully-customizable

● High maintenance

Yachts don’t exactly come cheap. So, the term “budget” yacht might be a bit of a stretch when referring to the price. Nonetheless, if you’re shopping for a watercraft that delivers excellent value for money, the Sabre 58 Salon Express is a great option to consider.

It has an open yacht design that seamlessly merges the interior with the exterior and has large windows that flood the interior spaces with lots of natural light. The Sabre also has three en-suite cabins, abundant storage, and several other great features that make it stand out from other boats in its class.

 Sabre Yachts  →

● Great value for money ● Spacious interior ● Ample storage

● Not ideal for use in the high seas

Tiara Yachts 53 Coupe

The Tiara Yachts 53 Coupe is the perfect family watercraft. It is designed for indoor and outdoor living. The bridge deck space and salon offer breathtaking 360-degree panoramic views of the ocean. It also has comfortable living quarters below deck that are guaranteed to give the entire family an exceptional cruising experience.

 Tiara  →

● Great for making memories ● Comfortable living quarters ● Offers panoramic views all round

● High maintenance costs

The 60 Cantius from Cruiser was built for long-distance passages. It has spacious living quarters both above and below deck, as well as lots of comfort and convenience amenities that allow you to spend extended periods out on the water.

You’ll particularly enjoy the retractable sunroof that allows you to bask in the sun while enjoying breathtaking panoramic ocean views as you cruise along.

 Cruisers Yachts  →

● Ideal for long-distance passages ● Beautiful, elegant design ● Spacious living areas above and below deck

● Pricier than other boats in its class

93 Motor Yacht

If you’re looking for a watercraft that can go the distance, it doesn’t get any better than the 93 Motor Yacht from Viking Yachts. First impressions: It is gorgeous.

Its beauty isn’t skin-deep either. The 93MY was built to navigate the rough, choppy waters of the high seas, making it the perfect vessel for anyone who wants to go on an ocean-crossing adventure of a lifetime.

 Viking Yachts  →

● Stunning exterior and interior design ● Built to navigate rough water conditions ● It is pretty massive

● Requires a small crew to operate it

Jeanneau NC 37

The Jeanneau NC 37 is an excellent beginner boat. Its fluid layout and ergonomic design make movement in this yacht a breeze. It comes with large panoramic windows with an open sunroof that bathe the living space in lots of natural light.

There’s an owner’s cabin, as well as a guest cabin that both offer ample standing headroom. Its well-proportioned interior alongside the multitude of comfort and convenience amenities it comes with makes it one of the best beginner yachts in the market today.

 Jeanneau  →

● Ample living space and storage ● Great value for money ● Open ergonomic layout

● Not ideal for ocean crossing

Regal 36 XO

If you’re looking for a yacht that combines both comfort and functionality, the Regal 36 XO delivers on both fronts. This beauty is powered by two outboard engines and offers multi-bow seating that also doubles up as casting decks.

It has a spacious cabin, open-air salon, seamless galley that integrates the aft seating area with the roomy saloon, and a windshield walk-through that provides easy access to the bow.

 Regal  →

● Versatile ● Spacious interiors and exteriors ● Fully-customizable

Back Cove 390

If you thought yachts were reserved for ocean-use only, that couldn’t be further from the truth. There are several models specially designed for lakes. The Back Cove 390 yacht is the perfect example.

Its smaller size makes it ideal for lake cruising. It has a fully-enclosed helm, as well as an owner and guest cabin below-deck, making it perfect for overnight stay.

 Back Cove Yachts  →

● Perfect size for lakes ● Ideal for entertaining ● Delivers optimal handling and maneuverability

● May not be ideal for a long extended stay

Formula 45 Yacht

The Formula 45 Yacht is the perfect liveaboard watercraft. It has all the comfort and convenience amenities you would expect to find in any standard land-based home. It is spacious with a well-thought-out practical layout that makes movement on the yacht easy. It has enough room to comfortably accommodate a small family of four.

 Formula  →

● Best yacht for the money ● Spacious interior ● Comes with lots of convenience amenities

Ocean Alexander 36L

If you’re thinking of venturing out into the rough seas, you’re going to need a yacht that can hold its own in the sloppiest of weather conditions. The Ocean Alexander 36L is built to do just that.

Beyond its stunning exterior and interiors, this yacht’s overall rugged construction is focused on giving passengers the smoothest ride possible regardless of the water conditions outside. Its deep V-hull design and its 324,500 lbs. displacement capacity are largely responsible for the exceptional stability it displays when cruising through the high seas.

 Ocean Alexander  →

● Exceptionally stable ● Packed with loads of comfort and convenience amenities ● Expansive interior and exterior

● Needs a crew to run it

Westport 112 Motor Yacht

As far as luxury yachts go, the Westport 112 Motor Yacht is in a class of its own. This 111 ft. 8 in. long watercraft is built to deliver extraordinary performance inside and out.

It has four en-suite staterooms that sleep eight individuals and can accommodate up to five crew members, including the captain. The interior oozes luxury, sophistication, and a timeless elegance that’s hard to come by these days.

 Westport Yachts  →

● Spacious indoor and outdoor living areas ● Exquisite interiors ● Suitable for cruising the high seas

● Expensive

Beneteau Oceanis 60

The Beneteau Oceanis 60 is by far the best sailing yacht we’ve come across. It is built on a hull that guarantees safety and unmatched performance at every turn.

This luxury sailing yacht has a unique deck plan that allows for single-handed maneuvering across the water. The glossy woodwork, cozy upholstery, and the spacious living quarters below-deck make it the perfect sailing yacht for your ocean getaway.

 Beneteau  →

● Exceptional fuel economy ● Spacious living areas ● Ideal for single-handed sailing

● May not be as fast as other non-sailboat yachts

Having a crew is great and all, but it’s also nice to have a yacht that you can operate on your own for that measure of added privacy when you need it. The Antares 9 is the perfect owner operator yacht.

It is modern, stylish, and compact, allowing you to run it on your own and discreetly slip away from the hustle and bustle of day-to-day life anytime you need to.

● Elegant design ● Can be operated solo ● Comfortable and safe navigation

● Not ideal for the rough, choppy waters of the high seas

Prestige 690

Let’s get to what yachts are best known for – hosting memorable parties. The Prestige 690 has everything you need to keep the party going all day and all night.

Its open design layout and its expansive deck make it the perfect yacht for entertaining. The elegant, timeless design of its exterior, alongside the breathtaking finishing, are just a few of the 690’s attributes that add to its appeal.

 Prestige  →

● Massive open deck ● Comes with lots of comfort and convenience features ● Sleeps up to 10 people

How to Choose the Best Yachts – Buyer’s Guide

A yacht is a pretty big purchase. So, you need to know what to look for when choosing the right one for your needs. Here are a couple of pointers that might come in handy.

Type of Yacht

The type of yacht you buy depends in large part on your intended use for it. Most yachts tend to fall into one of three categories – For water sports like wakeboarding , fishing motor yachts, or the overnight cruising variety. Once you know what kind of recreational activities you plan on engaging in, that should help narrow down your choices.

Next, you need to consider what size of yacht you should get. Do you have a young family that you intend to expand in the coming years? Do you plan to use the vessel for day cruising, or do you intend to spend a couple of nights on board from time to time?

Will the yacht be just for you and your significant other, or do you plan to frequently entertain several guests on board? This will advise whether you should buy a cabin cruiser yacht, a superyacht, or a mega yacht.

In a perfect world, you would have all the money you need to buy any kind of watercraft you want. Sadly, that’s not the reality we live in. Keep in mind that yachts don’t exactly come cheap. So, even if you’re planning to purchase a small yacht, you’ll still need to spend quite a bit of cash to get it.

The best thing to do would be to set a budget and compare the different models on offer from different manufacturers . Aside from the boat’s purchase price, you also need to think about the costs associated with owning a yacht. These include insurance, repairs, maintenance, cleaning, and the vessel’s general servicing.

Figure out what kind of comfort and convenience features are a must-have for you. How many cabins should it have? Do you need it to have a summer grill up top? Or will the one in the mini kitchen below-deck suffice? Ensure that the yacht you get has all the amenities you need.

Last but not least, before you sign any purchase contract, ensure that you schedule a sea trial with the dealer. That way, you get a true feel for the boat before you buy it.

Look Before You Leap

If you’re in the market for a shiny new yacht, any of the 15 vessels we’ve detailed in this guide will make an excellent choice. Do your homework beforehand, and make sure your desired craft has all the features and amenities you seek.

Use the tips we’ve outlined in this guide to help you choose the best yachts from all the different options that are hot on the market right now. Happy yachting!

In the meantime, if you’re looking for the best aluminum fishing boat , we’ve got you covered. Check out our review for our top picks.

About Chris

Outdoors, I’m in my element, especially in the water. I know the importance of being geared up for anything. I do the deep digital dive, researching gear, boats and knowhow and love keeping my readership at the helm of their passions.

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• The Interior of This Sleek New 89-Foot Yacht Got the Loro Piana Treatment

The Italian fashion house has designed the living quarters of two Wally Why200s.

Rachel cormack.

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We already know the Wally WHY200 is spacious—the 89-foot yacht has an interior the size of a larger 165-foot superyacht—but now we can confirm it is stylish, too.

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As mentioned, the WHY200 offers the comfort and space of a larger vessel. A wide beam of 25 feet and a high profile ensure a generous interior volume of 200 GT. The main salon is the same width as that of a 160-footer, for instance. The unit in Singapore is the first to feature the “main deck entertainment” layout, which was designed specifically for the Asia Pacific (APAC) market. Her tall 15-foot glazed bow houses a spectacular living area with a large round table, a bar, a wine cellar, and sweeping panoramic views.

A one-piece laminated carbon staircase connects the main deck to the lower and upper decks. On the upper deck, Wally’s signature glass and carbon fiber dome is fitted with a plush lounge for relaxation. The extended, structural top has no supporting pillars to ensure the vistas are uninterrupted. The lower deck on this particular WHY200 is dedicated to guests, with a luxe owner’s cabin at the bow and two swanky guest cabins.

The exterior decks are replete with Loro Piana’s chic custom furniture and technical outdoor fabrics, which are resistant to salt, sunlight, and wind. The beach club, for example, features the Delight chairs Loro Piana designed with Exteta. The beach club is also fitted with fold-out terraces and two “invisible” garages for tenders and toys.

The first WHY200 and a wallypower58 will be on display Singapore Yachting Festival from April 25 to 28. Concurrently, another wallypower58 hull will be on show at the Palma International Boat Show in Spain from April 25 to 28.

Click here to see all the photos of the WHY200.

Rachel Cormack is a digital editor at Robb Report. She cut her teeth writing for HuffPost, Concrete Playground, and several other online publications in Australia, before moving to New York at the…

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If you're looking for a pre-owned yacht for sale between $900k and $1 million, SI Yachts has the expertise to assist you in choosing the perfect boat for your requirements. Whether heading offshore to hunt for billfish or cruising the east coast, there are many options available on the yacht brokerage market. This is where the personalized customer service and knowledge our team proves valuable to you as the customer.

Boats for sale under one million dollars online include brands like Azimut Yachts , Bertram Yachts , Ferretti Yachts , Galeon Yachts , Hatteras Yachts , Prestige Yachts , Sea Ray , Sunseeker Yachts , Viking Yachts , and more! From New York, to Florida, and beyond, SI Yachts can assist you in the purchase or sale of a boat under $1 million. We look forward to earning your business! Contact us today at [email protected] or by calling one of our convenient locations . SI Yachts are also Licensed Florida Yacht Brokers.

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Joe Lewis’ $250 million superyacht, ranked among the world’s 25-most valuable, sets sail after he pays US fine

Joe Lewis’ superyacht is on the move again after spending most of the past year holed up in a Mediterranean port while the British billionaire faced insider-trading charges in the US.

His 322-foot (98-meter) Aviva — which he put up as collateral for bail —  has traveled more than 400 nautical miles from Malta to cities along Albania’s coast as well as the Greek island of Zakynthos since  he was sentenced  April 4 to three years probation, according to data compiled by Bloomberg.

After departing Zakynthos earlier this week, the Tavistock Group founder’s yacht was near Kalamata in southern Greece on Thursday morning local time, the data show. It’s the most the roughly $250 million vessel has traveled in about seven months, though it’s unclear if Lewis is on board.

Lewis, 87, pledged his yacht along with his private jet to secure his release following his arrest in July. A few months later, Aviva docked until April 5 in the Maltese capital of Valletta, where it can cost as much as €750 ($800) a night to moor vessels that exceed 75 meters.

Lewis, who was scheduled to have eye surgery in London recently, was prohibited from setting foot on the yacht that has long served as part-residence, part-office while awaiting trial. He was only allowed on board after paying a $5 million fine after sentencing, which he settled soon after the verdict in Manhattan.

A representative for Lewis, who has a net worth of about $7.3 billion according to the Bloomberg Billionaires Index, declined to comment.

Lewis, whose global empire includes five-star hotels, private lenders and enclaves for the wealthy, launched Aviva in 2017. It includes eight guest suites, a helipad, padel tennis court, spa and a cinema. It ranked among the world’s 25-most valuable superyachts shortly after its launch, alongside those owned by Middle Eastern royals.

The yacht has also displayed works from Lewis’ private art collection, which is valued at more than $1 billion and includes pieces by Picasso, Freud, Klimt and Degas.

Events that authorities say took place on the yacht were a key piece of evidence that prosecutors used against him. 

At dinner one night in September 2019, the billionaire received favorable news about Mirati Therapeutics Inc., an oncology company where he was a major investor, leading him to pass along the tip to a host of people, including the pilots of his private jet, according to US regulators.

Those pilots — Bryan “Marty” Waugh and Patrick O’Connor — were also charged with trading on inside information. O’Connor pleaded guilty to securities fraud and conspiracy and is due to be sentenced in May, while Waugh is fighting the charges.

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Suspect in deadly Swan Boat Club crash charged, given $1.5 million bond

Update on Tuesday, April 23

The suspect in the crash, 66-year-old Marshella Chidester was arraigned in court on eight charges, including two counts of second-degree murder, two counts of OWI causing death and four counts of OWI causing serious injury. She was given a $1.5 million bond with substance abuse monitoring.

Watch the full arraignment below

The arraignment was interrupted several times on Zoom by people watching, including a woman who said she was the grandmother of the children who were killed.

Raquel Smothers, the aunt of the three children also spoke during the arraignment in person saying, "We were supposed to be planning a birthday party for Zayn not a funeral."

"They walked into that birthday party having a fun time. They were sitting at that table eating and this woman crashed her car through this building destroying all of our lives," she added.

VIDEO: Hear from the aunt during the arraignment below:

Community members have been stopping by the Swan Boat Club paying their respects to the victims of the crash.

A small memorial has been set up outside the building.

“We couldn’t believe it. We still can’t believe it,” said Ed Wenderski, a Berlin Township resident.

At around 3 p.m. on Saturday, tragedy struck at the Swan Boat Club in Berlin Township.

According to the Monroe County Sheriff’s Office, a 66-year-old woman who was intoxicated crashed her SUV into the side of a building.

VIDEO: Watch Monroe County Sheriff Troy Goodnough provide an update after the tragedy:

There was a child’s birthday party happening at the time of the crash.

At least 15 people were injured. An 8-year-old girl and her 5 year-old brother both died.

“Everybody’s sad. My wife was crying,” Wenderski said. “We just feel sorry for you, in our prayers.”

Wenderski lives down the street from the boat club.

He says his son’s pickup truck was hit on Saturday. He believes it was by the same driver who crashed into the boat club.

“I don’t know if you can see the tire tracks. His back tire was probably right here… We think it got pushed back by 12 feet,” Wenderski said.

VIDEO: Video shows the vehicle right before the deadly crash into the building:

I also spoke with another neighbor who was out with his young daughter as she was riding her bike.

He had this message for the victims’ family.

“Absolutely heartbreaking. It’s just a terrible tragedy. We are very sorry for your losses and you are in our thoughts and prayers,” Steve Cybulla of Berlin Township resident said.

The two siblings who were killed in the crash were students of Flat Rock Community Schools.

The district sent out a letter regarding the situation, here’s some of what it said.

It is with a heavy heart that I reach out to you today following the tragic events that unfolded yesterday. A senseless accident occurred where a drunk driver crashed into Swan Creek Boat Club, resulting in the loss of two siblings who were students in our school (Early Childhood Center, Bobcean Elementary) and severe injuries of a third sibling (Simpson Middle School). Our entire school community is reeling from this devastating news, and our hearts ache for the families and loved ones of those affected by this unimaginable tragedy. Words cannot adequately express the depth of our sorrow, nor can they ease the pain of those who are grieving. Please know that our thoughts and prayers are with every one of you during this incredibly difficult time. In times of tragedy, it is essential that we come together as a community to support one another. Now, more than ever, we must extend our compassion and solidarity to those who need it most. As we navigate through this challenging time, let us lean on each other for strength and comfort, and let us show kindness and understanding to all who are affected by this heartbreaking loss. When our students return to school on Monday, our counselors and social workers will be on hand to provide support and assistance to any students and families who may need it. We are committed to creating a safe and nurturing environment where everyone feels supported, heard, and valued as we begin the healing process together.

The suspect is currently being held at the Monroe County Jail.

The sheriff’s office is also investigating a local bar where the woman possibly may have been prior to the crash.

An attorney representing Verna's Tavern told 7 News that the suspect was at the establishment between 11 am and noon Saturday, more than hours before the deadly crash. He added that the woman's order was reportedly just over seven dollars and included a glass of wine and chili.

Attorney John McManus released the following statement on behalf of Verna's Tavern:

"We are saddened beyond words by the news of this horrible tragedy. Our most sincere thoughts and prayers go out to all those that lost their lives, their family members, witnesses and all of our Community that is in pain due to this incident. We ask for patience during the investigation and that the Justice system be allowed to work to uncover the actual facts surrounding the accident."

If you would like to help the family pay for funeral services, you can do so at the verified GoFundMe link here.

A GoFundMe has also been set up for on of the victims in the hospital. This page is also verified.

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Two best friends are $1 million richer after winning the Powerball prize in New Jersey

Lottery officials said the men, best friends, plan to save the money for retirement and also buy a beach house..

A New Jersey friend duo is $1,000,000 million wealthier after hitting a jackpot by winning the Powerball this month.

According to a social media post from the  New Jersey Lottery , the men, who have not been identified, are best friends.

The lottery draw date took place on April 3 and the lucky pair bought the ticket at a deli in the unincorporated community of Atco, which is part of the Philadelphia-Camden metro area.

Lottery officials publicly announced the men won on X over the weekend.

Lucky winner: A Tarot reading told her money was coming. A lottery ticket worth $500K was in her purse.

What do the $1 million lottery winners plan to do with the money?

One friend told lottery officials he plans to buy a beach house with his winnings.

His best friend reported he will save his winnings for retirement.

Addicted to the lottery or another form of gambling? Help is available at  Gamblers Anonymous .

Natalie Neysa Alund is a senior reporter for USA TODAY. Reach her at [email protected] and follow her on X @nataliealund.

GOBankingRates works with many financial advertisers to showcase their products and services to our audiences. These brands compensate us to advertise their products in ads across our site. This compensation may impact how and where products appear on this site. We are not a comparison-tool and these offers do not represent all available deposit, investment, loan or credit products.

10 Major Cities Where $1 Million in Retirement Savings Won’t Last Long

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Planning for retirement is a long-term process and financial experts often use the example of reaching $1 million in retirement savings as an ideal target. This number is just a guideline and may not stretch as far depending on where you live and how long you need to rely on your retirement fund .

The cost of living is different in each city and based on GOBankingRates’ recent data , here are 10 major cities where $1 in retirement savings won’t last as long as you may need.

1. San Francisco

San Francisco is a large city with a high cost of living to the tune of $124,929.81 so it’s no surprise that $1 million in retirement savings won’t last long here. The median home price is well over $1 million, and healthcare costs can also be significantly above the national average. As a result, your retirement savings would only last 8 years here so you’d need to set aside a lot more.

2. San Jose, California

Adjacent to Silicon Valley, San Jose benefits from a strong economy — but that comes with a steep price tag. Like its neighbor, San Jose is a pricey place to live, with housing accounting for a high percentage of the cost of living. In this city, $1 million won’t last long — only 8.94 years.

3. New York City

In New York City, the average cost of living is $94,716.56. Living in New York City provides unparalleled access to some of the world’s best in arts and culture. The city’s population of people 65 and older is 16%, but it’s still not the best place to retire with $1 million since your funds would only last a little over 10 years.

Boston is another city with a high cost of living, driven by housing, transportation, and healthcare expenses. In Boston, $1 million in retirement savings only covers 10.68 years so your retirement season there would be short-lived.

5. Oakland, California

Just across the bay from San Francisco, Oakland is a vibrant city with a slightly lower cost of living. Housing is high but, even if your home is paid off or you have a lower mortgage, utilities add up to around $3,825 per year. Your savings would only last 10.79 years here.

6. Los Angeles

Los Angeles is a large city where the cost of living is 51% higher than the national average. Grocery prices are 11% higher than the national average and the median home price is over $1 million. Your retirement savings would last just under 11 years here.

Seattle’s growth has brought both cultural richness and increased living costs. But it may not be the best place for retirees depending on your budget. If you spend the  average amount of $82,195.44 here, it will only last 12.17 years.

8. Washington D.C.

Washington D.C. is a political and cultural hub of the U.S. and offers lots of great restaurants and free museums. Still, the cost of living is higher in this city and averages around $82,113.76 per year. So your $1 million retirement savings balance would last a little over 12 years.

While the state of Florida is a popular destination for retirees, the city of Miami itself is pretty costly. On average, the annual cost of living is around $74,107.86 so your retirement savings will last around 13 years. Luckily, there are several other affordable areas in the state of Florida to consider settling down in instead if Miami seems too expensive.

Denver’s popularity has boomed taking on the nickname of the Mile High City as it’s a great distance from the mountains and home to many startups. This city may not be the best place to retire early since $1 million would last around 14.77 years.

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