27 Jul 2016
€38 million price reduction & CA change for Lürssen’s 78.4m TV
The iconic Lürssen-built motoryacht, TV, has undergone a huge €38 million price reduction, bringing the asking price down from €130 million to €92 million. In the process, the 78.4m build has changed central agencies and is now for sale with Moran Yacht & Ship, which originally secured the contract for the yacht and oversaw her construction. She is currently based in the Western Mediterranean.
“Having been involved in over 20 Lürssen constructions, we have a very good finger on the pulse for where these and similar builds should be priced”, began Sean Moran of Moran Yacht & Ship. “When the owners came to us, the first thing we told them was that if we are to market this yacht effectively, we need to put it at a price that is realistic and achievable. We pride ourselves on always telling owners what the price should be, even if it’s not what they want to hear.”
TV was launched at the German shipyard’s Rendsburg facility in March 2008 and came onto the market in September 2014. The custom-built displacement motoryacht is constructed with a steel hull and an aluminium superstructure, offering an enormous 2,334 gross ton interior volume over her five decks.
The naval architecture and exterior styling was completed by Monaco-based Espen Øeino, whilst the interior was designed by Italian yacht designer Alberto Pinto. She has accommodation for 18 guests over eight full-sized cabins and two twins, and between 25 and 28 crew depending on the make-up of the guest cabins.
“Based on its charter history, an owner could offset a large amount of the running costs through charter should it be desired, but owning a yacht like this has to be for the passion - for the joy of ownership”, continued Moran. “When owners look at the investment, what it takes to build and what’s on the market, I think they’ll see that there’s excellent value here.”
Moran Yacht & Ship has taken on seven new central agency listings in 2016 so far, most notably: 85.1m Solandge, 78.4m TV, 66.4m Okto and 61.9m Positive Carry (now sold). The average asking price for the seven builds is €57.54 million and if all were to sell at their current asking prices (including Positive Carry's final asking price), the value of transactions would yield over €400 million.
Add a comment
Other Fleet News
There has been a continuation of tactical pre-Monaco Yacht Show price reductions, with IYC announcing price cuts on two of its show attendees. More
In the run up to the 2016 Monaco Yacht Show, three of Lurssen's second-hand listings are stealing the limelight. More
The 54.5m Amels-built motoryacht has been listed for sale with an asking price of €17 million. More
Following the Cannes Yachting Festival, Overmarine has announced its new 54m flagship superyacht has been sold More
Most Recent Comments
ASEA POWER SYSTEMS
ASEA POWER SYSTEMS is the Marine Industry Leader for Shore Power Conversion equipment ranging in power from 8kVA - 1000kVa.
Marlink offers seasonal, flexible contracts to match regional sailing requirements. Through our dedicated account managers & customer services, we develop personal relationships with customers & drive innovations to develop digital solutions & smart applications that take you beyond just connectivity.
WREDE Consulting is an independent paint consultant and paint surveyor company who has worked for most of the 200 largest yachts worldwide in coating, paintwork and equipment areas. WREDE Consulting engages in quality management and objective quality assessment for the coating of mega- and superyachts. www.wrede-consulting.com
ATLAS MARINE SYSTEMS
Atlas Marine Systems, the world leader in the design of marine electrical power systems, offers a full range of engineering services necessary to define the onboard electrical distribution system or simply the application of the Atlas power conversion products.
Superyacht Tenders & Toys
Superyacht Tenders & Toys have a high level of expertise in providing new build and custom tenders, chase boats, RIBs & all popular yacht toys. With an unrivalled global service network, maintaining a personal & bespoke service, wherever you are in the world, Superyacht Tenders & Toys can help.
Jets Vacuum AS
Jets Vacuum has for over 30 years been the leading innovator in vacuum sanitation technology. With over 11,000 Jets systems in operation on all types of ships, Jets are known for high quality, flexible cost efficient solutions backed up by first class world wide service
ABB Marine and Ports
ABB is a leading supplier of electrical power and propulsion systems for ships. We provide innovative, safe and environmentally-friendly solutions and qualified services worldwide. Our AzipodÂ® propulsion has proven its efficiency and reliability on yacht vessels with its ultimate silent and ecological solution.
Integrated Navigation Systems based on state-of-the-art technology and decades of experience in the superyacht industry. Ultimate knowledge and flexibility in system integration. Dedicated customer care throughout the whole project and beyond.