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Further price cut on motor yacht Bear Market at IYC

Kevin Bonnie at International Yacht Collection tells me the owner of Mangusta's 28.3m motoryacht Bear Market wants her sold in the next 30 days and has authorised a further €550,000 price drop.

Built by Overmarine in 2003, Bear Market is a high performance sports yacht with twin aqua jet engines producing a cruising speed of 31 knots. She accommodates eight guests comfortably in a master and three VIP cabins.

Well maintained with low running hours, Bear Market was previously listed for sale at €2,500,000. Now asking €1,950,000, she is currently moored in Cannes.

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