Seriously for sale 5 superyachts with multiple price cuts

2 July 2012

Some owners with a yacht to sell prefer to bite the bullet and make a major price reduction. Others prefer to make piecemeal cuts in the hope that this way the yacht will find its true market value. Here we present five yachts for sale whose owners have chosen the latter route.

Mi Sueño 2010 57.91m $44,900,000

Split level master suite on Mi Sueno: yacht for sale with International Yacht Collection

The 57.9m motor yacht Mi Sueño, delivered by Trinity Yachts in early 2010, is a modern combination of the latest marine technology and exquisite styling. She sleeps 12 guests in six lavish staterooms and has the added benefit of wheelchair access.

ABS classed and MCA compliant, Mi Sueno was designed with a transatlantic range, but also has a draught suitable for cruising the Bahamas and US East Coast. She has a maximum speed of 20 knots and a range of 4,000 nautical miles at 10 knots. Mi Sueno has had three price reductions since January 2012, totalling $9.9 million.

She is listed for sale at International Yacht Collection by Kevin Bonnie and Mark Elliott who comments: '_Mi Sueno_ is a great yacht with a perfect layout for charter and comfortable cruising. She has a huge split level master suite with private office and 180-degree views. Also, a helicopter pad, elevator, garage and her speed make her very desirable. She is priced to sell, now asking $44.9 million.'

Namoh 2003 38.10m $9,900,000

Namoh: yacht for sale at Worth Avenue Yachts

Built by Cheoy Lee in 2003 with naval architecture by Mulder Design, the 38 metre Namoh is a wonderfully balanced yacht, providing guests with all the delights of luxury yachting. She has an outdoor spa pool, al fresco dining options, a bar, formal dining saloon, good sunbathing areas as well as generous interior accommodation for up to 10 guests in five cabins.

Namoh is listed for sale by Michael Mahan at Worth Avenue Yachts who says, ' She is very seriously for sale. Namoh has had over $3 million in price reductions over the past nine months and is now priced to sell. Relocated to Newport for the summer, she's ready to show to any client with an interest.'

Cinque Star 2010 35.10m $8,495,000

Cinque Star: yacht for sale with Worth Avenue Yachts

One of Azimut's successful 116 range of motor yachts, the 35.1m Cinque Star was designed by Stefano Righini, with an interior by Carlo Galeazzi and was delivered as recently as 2010. She has an abundance of exterior space for entertaining a large area on the aft deck and a fantastic sundeck flybridge. She sleeps up to 12 guests in five staterooms a master suite, two doubles and two twins with Pullmans and has had no fewer that six price cuts in the past eight months.

Her listing broker, Simon Gibson at Worth Avenue Yachts, says, Cinque Star is an 'as new' Azimut that is in exceptional condition and very much ready for a new owner. With top to bottom new paint, an on-deck media room, minimal hours on the main engines and a list price of only $8,495,000 she is a must-view for any buyer in this segment.'

Only Now 2002 31.72m 3,000,000

Only Now: yacht for sale with Northrop & Johnson Spain

The sailing yacht Only Now is for sale with Joost Goverts at Northrop & Johnson who comments, 'This award-winning yacht is now for sale at a strongly reduced price. Since coming on the market in March the price has come down four times and she's still open to offers. If there was ever a good time to buy a boat it is now. First listed for sale in March 2012 at 3.85 million, she's now down to 3 million.'

Only Now was built by CNB in 2002 and maintained to the highest standards. She features three guest cabins forward and two crew cabins aft. A modern interior with wengé floors and white seating has side hull windows connecting with the outer world. A great yacht for comfortable sailing she also performs well on the race course. With an impressive 49m carbon mast and boom along with twin steering wheels and a large aft bathing platform she is a powerful yet easy-to-handle sailing yacht.

Azzura 1998 29.26m 2,995,000

Azzura: yacht for sale with Northrop & Johnson

Azzura is a 29.26m sloop-rigged sailing yacht with a lifting keel hull built by Jongert and launched in 1998. This luxury vessel's sophisticated exterior design and engineering are the work of Doug Peterson, while the interior was designed by Peter Sijm. Accommodating six guests in three cabins, she was last refitted in 2008 and three price drops in 12 months totalling 1 million have brought her down to 2,995,000.

Azzura is for sale with Ann Avery at Northrop & Johnson who says, '_Azzura_ is particularly suitable for a buyer who wants shallow draught in a large pedigree yacht. With the innovative Jongert folding keel she can dock in shallow water marinas and sail world-girdling oceans. A few notable features are a 3.3m 'beach' in the fold-down transom, a garage to carry the tender and a pilothouse which retracts half way to allow cover or open air. Stowaway rig and the usual high quality Jongert characteristics make sailing, maintenance and living aboard easy and a pleasure.'

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