There was a time, let's call it pre-GFC, when buying a luxury super yacht was all the rage.
It would be premature to say those golden times are back (unless you're a Sydney real estate agent), but in the rarefied world of super yachts the seas are certainly looking smoother.
The latest launch by the 175 year old shipyard Riva in Sarnico, northern Italy, could help kick things along.
Last week it used a lavish party to unveil the 56-foot open top Riva 56, featuring an extended ensuite Master cabin, which is designed to be used as both a day cruiser and a yacht.
If you need to ask the price (it starts from about €2 million plus extras), you probably can't afford it. On the upside, Ray White Marine – Riva's dealer in Australia – reports record sales for super yachts on the domestic market.
"Since last financial year, Ray White Marine has had a record-breaking year with $60 million plus in sales (new and used boats)," says their Sydney based dealer Brock Rodwell.
"New super yachts are nearly non-existent in Australia, but we've secured several orders for the upcoming 2017-18 summer season. The first to arrive will be a brand new Ferretti 850 (circa $8 million), bought by a Sydney based developer."