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$1 million price cut on Picchiotti superyacht Piano Bar at International Yacht Collection

News from Mark Elliott at International Yacht Collection of a $1 million price drop on his central listing for sale, the 47.85m motor yacht Piano Bar.

Built in 1982 by Picchiotti, Piano Bar was recently re-launched after an extensive two-year refit and refurbishment programme. She now features modernised accommodation, updated electronics and air conditioning.

The upper deck piano bar gives her name to the yacht and is an air-conditioned oasis away from the heat of the day. If you can't play, don't worry - the piano will do it for you. With the two tenders launched, the huge aft deck becomes a major open space for large-scale functions and parties. The pool deck features a barbeque and wet bar, comfortable sun lounging area and two seating areas. It’s no surprise that this is where most people enjoy themselves during the day.

The interior has been professionally redecorated, bringing a luxury feel to all areas. She sleeps 12 guests in six staterooms. Accommodation comprises a master suite, two double staterooms, two twin cabins and the study on the main deck forward can be converted to provide a further twin guest stateroom. All staterooms are en suite and well appointed in fine marble. Twin Caterpillar diesel engines give Piano Bar a cruising speed of 12 knots and maximum speed of 15 knots.

Lying in San Diego, Piano Bar is down from $5.9 million to $4.9 million.

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