20 Apr 2015
"New breath in the south of France" says Yachts Invest
After a self confessed tough 2014, Jean Lacombe of Yachts Invest is feeling much more confident for 2015. Following the in house sale of Nika last week, he commented “we are seeing ‘new breath’ in the south of France market, due to the euro exchange parity and are seeing a rise in enquiries for yachts over 30m from the Americas and Middle East”.
A two-boat owner, Nika first had to undergo €80,000 worth of refit work before being delivered to her new owner. The team oversaw the refit, and advised and managed the new registration, while Lacombe is seeing trends for the safe 30-40m range popping up later in the season. “We have indications showing five cabin yachts from 30-40m are the highest demand in market, in particular, those which have cost-effective propulsion systems”.
Another very quiet news week, 14 – 20 April saw four sales completed, two new central agencies announced and two price reductions made.
The largest yacht to be sold this week was through Merle Wood & Associates with 2004 Benetti built 44.2m Domani, with a price tag of €10,400,000.
Atlantic Yacht & Ship have sold 2013 Azimut built 31.04m Iron Man, with Neff Yacht Sales bringing the buyer at an asking price of $8,400,000.
Bjorn-Vang Mathisen of Ocean Independence has sold 1975 Benetti built 29.8m Favorita, priced at €1,250,000.
As mentioned, Yachts Invest closed the in house deal of 2005 Astondoa built 32m Nika, renamed Santa Maria X at an undisclosed price.
New Central Agencies
SuperYachtsLondon have joined Bluewater Yachting in the listing of 2012 Acico Yachts built 49m Nassima, priced at €19,900,000.
While Gilman Yachts have listed 2011 Westport built 40m Gene Machine, on the market for $15,995,000.
Mark Elliott of International Yacht Collection has further reduced 2010 Trinity built 49.1m Rockstar, to $18,900,000.
And Bob Cury of RJC Yacht Sales has reduced 2008 Horizon Yachts built 40.2m Lady Leila, to $10,400,000.
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