Giulio Riggio at Fraser Yachts in Palma tells me there's been a €351,000 price cut on the 35.1m sailing yacht Sundara.
Giulio goes on to say that, always a popular charter yacht, Sundara brought in a gross charter income of €341,000 in 2011, easily enough to cover her running costs.
Built by Karadeniz in 1994, she was refitted in 2004 and 2008. Accommodation is for up to twelve guests in a master suite, three triple staterooms and two twin cabins while a 440hp Caterpillar engine gives her a range under power of 3,000 nautical miles at 10 knots.
Lying in Palma de Mallorca, Sundara is down from €2,350,000 to €1,999,000.