Word reaches me of a €2 million price cut to Bassam Chahine's central listing, the 39.5m Mangusta motor yacht Lady Sheila II, at Merle Wood & Associates.
This 130 Sport model superyacht was built by Overmarine in 2005 to a Stefano Righini design. ABS classed, Lady Sheila II had a major refit in 2009 and accommodates a total of 12 guests in one master, three doubles and one twin cabin, along with two Pullman berths.
A range of 530 nautical miles at 34 knots is achieved via two 3750hp diesel MTU engines driving KaMeWa waterjets to a maximum speed of 39.5 knots. Her new asking price is €7.9 million.