A call to Candice Rossi at Fraser Yachts brings the news that Ken Burden's central agency for sale, the 50.08m motor yacht Thea, has had a significant price cut.
Thea was built by Portugal’s Arsenal do Alfeite yard in 1968 and is a very strong classic superyacht, constructed to military specifications and refitted in 1999 and 2005. She accommodates 12 guests and cruises at 15.5 knots, with a range of 5,000 nautical miles at 10 knots. Formerly asking €5.5 million, she's now being marketed at €4.25 million.