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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