Page 17 - Monaco Economy 127
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ALL YACHT:

          “The French Riviera is the perfect place to start!”                                           by Milena Radoman




          At 25, Timo Luccio heads up All Yacht, a company specialising in the sale and rental of yachts,
          based in the Principality of Monaco and Beaulieu-sur-Mer.

































         © All Yacht



          Childhood Hobie Cat regattas, the iconic   receive clients, represent our brands and   a yacht of over 16 metres has become the
          sports catamaran, did not necessarily   partner shipyards.”              norm and the same goes for brokers who
          mean that Timo Luccio was destined to                                    are starting out, which is not necessarily
          become a broker but they lastingly forged   From sales to maintenance    the case in the rest of France or Europe.”
          his passion for the sea and yachting. This   Official dealer for two Italian shipyards   Just like an estate agent, a broker who is
          25-year-old Dutchman may have thought for   (Gladiator by Canados and Rio Yachts), All   in contact with owners or buyers based
          a while of becoming an automotive engineer   Yacht has the particularity of offering both   on the Riviera, as well as in Dubai or Hong
          but he very naturally redirected himself to   the sale of boats and management, including   Kong, is remunerated by a commission on
          training at the INB as a technical sales   complete maintenance, insurance, financing   the transaction - to be shared in the event of
          representative for services in the nautical   and rental. “We offer small boats from 6   collaborations with other agencies.
          industry. After working for the Jeanneau   metres to yachts of over 50 metres.”
          dealership (Beneteau Group), a reference                                 Timo Luccio who, when wearing other hats,
          in the global boating industry, the desire to   “I would like to continue on this course. Our   helps his clients buy berths (no mean feat
          run his own business was hounding him. “I   clients often want to make rapid changes,   in the sector) is never short of new projects,
          bought out the majority of All Yacht’s shares,   whether that be in the size or style of their   so what’s next? Having their own boats in
          which had been dormant, when I was 22   boat over the seasons, which is why we need   stock in the Principality of Monaco, to make
          with my savings,” says this energetic young   to offer a wide range of vessels in order   the acquisition of your dream boat for the
          man, who has succeeded thanks to the rapid   to meet all requests: maybe a client who   season more accessible and quicker; and to
          development of his activity. “I started with a   bought a small boat from us will one day   offer a turnkey service, which involves taking
          small room in the rue des Roses in Monaco   come back to buy a superyacht!” points out   greater risks compared to a traditional yacht
          with my computer. Then with my business   Timo Luccio, aware of the specificities of the   resale but in a booming sector: “In the market
          partner, we obtained the concession of an   Riviera market: “The Côte d’Azur, between   for boats from 12 to 25 metres, demand is
          additional 60-metre² premises on the port   Saint-Tropez and Monaco, is the yachting   strong and prices are rising. Some boats
          of Beaulieu-sur-Mer, a showroom currently   capital of the world. It’s the perfect place to   have seen an increase of more than 20%!”
          staffed by two employees, where we can   start, despite the competition! With us, selling   remarks the CEO of All Yacht.



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