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Things to look for in a Luxury Home before buying: a) Location. b) Impressive Architecture. c) Exceptional Storage Space. d) The Gym and Pool. e) High Ceilings. f) Hi-Tech Features. g) Professional Kitchen. h) Layout.

Typically, though, designed lives (of boats) tend to be between 5 years and 20 years, depending on the type of yacht. The actual usable life may be up to 30 years if the yacht is well looked after.

Features that clearly separate a luxury home from a standard home are : a) Breathtaking outdoor view. b) Open floor plans. c) Smart home technology. d) Quality construction. e) Location.

Unlike automobiles and more conventional boats, a luxury motor yacht does not necessarily automatically depreciate in value. Ultimately it is market based on high value assets that do tend to depreciate, unless they are properly maintained, and that maintenance is very expensive.

Yachts tend to be a little expensive, as it provides several luxury facilities to the people. Also, these yachts need various legal allowances to sail in the national or international waters. So, usually, these luxury yachts are sold keeping all that expenses in mind, which make them expensive.

Some yachts are built to withstand rough weather and high seas. However, no yacht is designed to withstand hurricanes. They may survive them while out at sea but they aren't intended to do so. Other yachts aren't built to withstand rough waters or strong storms at all.