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Mirgab V’s price reduced by Fraser Yachts

I called Julian Calder in the London office of Fraser Yachts who tells me that the owners of Burger’s 44m Mirgab V “have reduced the asking price for the yacht, reflecting acknowledgement of current market conditions and the owners’ realistic outlook on selling.” The price has changed currency and has been reduced from €22.5 million to $24.95 million, the equivalent of a $5 million drop. Julian goes on to say that even in today’s market the vessel now offers excellent value and the owners will consider reasonable offers.

Built in 2006, Mirgab V is currently in Cannes manned by a full time crew to ensure that she remains in turnkey and show condition for her new owner. While she is currently registered as a private vessel, she is Large Yacht Code compliant and able to charter on a simple re-registry on the commercial register. She has a high volume interior at 499GT, equivalent to most 50m yachts.

Moreover, outside space has not been compromised, with large exterior spaces on the sun and bridge deck and wide open side decks including a drop down veranda on the starboard side. She has excellent access, with an elevator to all decks and provision for a stair lift on each deck.

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