The latter part of the week has seen the sale of two 40m+ motoryachts, built by two esteemed shipyards. On 21 April, after just five months on the sales market, Y.CO announced the sale of the 40m Feadship motoryacht Seaflower, with Gaston Lees-Buckley of Camper & Nicholsons introducing the buyer and Jonathan Zwaans of Y.CO representing the seller. The final asking price is believed to be €11.9 million.
Seaflower was delivered in 2002 by Feadship Royal van Lent to a design by the Dutch yard’s in-house designers, De Voogt Naval Architects. The exterior work has the principles of a canoe stern, allowing for substantial tenders and toys storage at the aft, as well as a beach club swim platform.
Despite changing hands several times on the re-sale market, she has been meticulously maintained and underwent an extensive exterior refit in 2013 and an interior refit in 2015, including a full repaint and replacement of all interior soft furnishings and loose furniture.
The light carpeting, mahogany and cherry woods used throughout is product of French interior designer Larvor and apportions accommodation for 10 guests over five luxurious staterooms.
The second sale was that of 61.5m motoryacht Solemar, sold on 21 April, with Curtis Stokes of Curtis Stokes & Associates finding the buyer and Matthew Albert of YPI representing the seller. The final asking price for Solemar was €27.5 million.
Solemar was delivered by Amels in 2003 and features the interior and exterior design work of UK-based Michael Leach Design. The 61.5m build is constructed with a steel hull and an aluminium superstructure. Her 1,149 gross ton interior is well proportioned to offer capacious living spaces, with accommodation for 12 guests over six staterooms.
The 61.5m build’s crowning glory, however, is her sun deck, which has sun loungers positioned at the aft and additional sun bathing areas and a Jacuzzi forward of the deck. Separating the two areas is a fully equipped gym. The sun deck can be transformed into a disco area and movie theatre, complete with a DJ mixing station and a 2,000-watt sound system.
Analysing the 40m+ re-sale market, the first quarter of 2015 delivered 13 sales at an average LOA of 48.1m, whereas 2016’s first quarter, which also saw 13 sales, had a much higher average LOA of 54.1m, indicating a willingness to buy bigger under current market conditions.
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