FLIBS Brokerage Report
This October FLIBS is host to a large number, and equally large variety, of yachts. This is a special brokerage summary of The Fort Lauderdale International Boat Show 2011.…
This is a special brokerage summary for the Fort Lauderdale International Boat Show 2011.
There are three yachts this year that represent the largest category on display, the 70-80m range. The first is Northern Star, a 2009, 75.5m Lurssen motor yacht, brokered and exhibited by Moran. Her asking price is $179,232,600. The second in this category is Laurel. The 2006, 73m motor yacht is being exhibited by her builder, Delta Marine, with an asking price of $85,000,000. The third is Shadow Marine’s 2007 Allure, with a P.O.A. tag.
The 60-70m fleet is represented by two yachts, with a price difference of nearly $100,000,000 across 4 meters. Once again, Lurssen boasts the biggest and highest asking price of the fleet, the 68m Kismet, a 2006 motor yacht with an asking price of $131,993,000. A 2003 Perini Navi sailing yacht is the other yacht in this category. The 64m Felicita West has a lower asking price of $34,735,000.
One of the largest yachts in the 50-60m fleet on display is Unbridled, a 2008, 58.2m Trinity model. She has been reduced twice over the past two years; in September 2010 the motor yacht was reduced from $66,000,000 to $59,000,000, and earlier this year she was reduced by a further $13,000,000 to her current asking price of $46,000,000. Trinity boasts another large motor yacht in this category, the 2010, 57.9m Mi Sueno, exhibited by IYC with an asking price of $54,800,000. Despite her age, the 2001 Abeking & Rasmussen 57.3m motor yacht Excellence III is the most expensive yacht in this category. Having been reduced in February by nearly $13,500,000 her asking price now lies at $55,000,000. This size group has an average asking price of $45,607,142, with the largest yacht asking nearly $500,000 more than this figure.
The 40-50m fleet is represented by 39 yachts, whose value totals over $700,000,000. The average asking price for the yachts in this category is $15,000,000. This time a 1987 Abeking & Rasmussen build has the lowest asking price, at $3,950,000, while Feadship are exhibiting the most recent and expensive model of the group, the 2011, $46,544,900 Helix. The largest of this category is the 49.1m motor yacht Anjilis. The Trinity model, exhibited by IYC, was reduced in January 2010 from $37,850,000 to $34,500,000, and again to $30,900,000 in February of this year. Her price reductions have been ongoing, and she now has an asking price of $27,900,000 after having three $1,000,000 reductions this week. Both Trinity and Feadship are well represented in this size range, each of whom have at least 4 builds in it, Trinity’s averaging an asking price of $23,573,500, and Feadhsip’s of $26,024,675, though all Feadship’s yachts are smaller.
The fleet of the 30-40m yachts is the largest at FLIBS. 25 of the yachts have an asking price of under $10,000,000, with 4 under the $2,000,000 bracket, the lowest priced of these the 1989, $1,595,000 Cheoy Lee motor yacht, Yia Sou. The most expensive in the fleet is the 37.8m motor yacht Wheels, just one of the three yachts in this fleet asking over $15,000,000. The Trinity build, exhibited by IYC, is asking $32,000,000, over $10,000,000 more than the second highest asking price of the fleet, the new build motor yacht ISA 120, asking $21,399,999. Of particular note in this fleet are the yachts between 37.5m and 38m. Across half a meter, the range differs in asking price by over $30,000,000 across a span of 26 years. It includes the 2009 Trinity build at $32,000,000, and the 1983 Royal Huisman build asking $1,925,000. Two Palmer Johnsons are also in this category, a 2005 build at $6,950,000, and a 2006 build at $8,450,000.
The 24-30m fleet has an average asking price of nearly $4,000,000. The fleet ranges from the 1997, 24.38m Lazzara at $995,000 to Feadship’s Patriot, built in 1884 and refit in 2007, whose asking price is $9,799,000. Bloemsma & Van Breemen boast the largest and second most expensive yacht of the fleet, the 28.96m $9,500,000 motor yacht C1, built in 2003 and refit in 2010.
There are three yachts this year that represent the largest category on display, the 70-80m range. The first is Northern Star, a 2009, 75.5m Lurssen motor yacht, brokered and exhibited by Moran. Her asking price is $179,232,600. The second in this category is Laurel. The 2006, 73m motor yacht is being exhibited by her builder, Delta Marine, with an asking price of $85,000,000. The third is Shadow Marine’s 2007 Allure, with a P.O.A. tag.
The 60-70m fleet is represented by two yachts, with a price difference of nearly $100,000,000 across 4 meters. Once again, Lurssen boasts the biggest and highest asking price of the fleet, the 68m Kismet, a 2006 motor yacht with an asking price of $131,993,000. A 2003 Perini Navi sailing yacht is the other yacht in this category. The 64m Felicita West has a lower asking price of $34,735,000.
One of the largest yachts in the 50-60m fleet on display is Unbridled, a 2008, 58.2m Trinity model. She has been reduced twice over the past two years; in September 2010 the motor yacht was reduced from $66,000,000 to $59,000,000, and earlier this year she was reduced by a further $13,000,000 to her current asking price of $46,000,000. Trinity boasts another large motor yacht in this category, the 2010, 57.9m Mi Sueno, exhibited by IYC with an asking price of $54,800,000. Despite her age, the 2001 Abeking & Rasmussen 57.3m motor yacht Excellence III is the most expensive yacht in this category. Having been reduced in February by nearly $13,500,000 her asking price now lies at $55,000,000. This size group has an average asking price of $45,607,142, with the largest yacht asking nearly $500,000 more than this figure.
Newcastle's Harbour Island, a 2011, 54.9m motor yacht, is on display at FLIBS, asking $54,900,000.
The 40-50m fleet is represented by 39 yachts, whose value totals over $700,000,000. The average asking price for the yachts in this category is $15,000,000. This time a 1987 Abeking & Rasmussen build has the lowest asking price, at $3,950,000, while Feadship are exhibiting the most recent and expensive model of the group, the 2011, $46,544,900 Helix. The largest of this category is the 49.1m motor yacht Anjilis. The Trinity model, exhibited by IYC, was reduced in January 2010 from $37,850,000 to $34,500,000, and again to $30,900,000 in February of this year. Her price reductions have been ongoing, and she now has an asking price of $27,900,000 after having three $1,000,000 reductions this week. Both Trinity and Feadship are well represented in this size range, each of whom have at least 4 builds in it, Trinity’s averaging an asking price of $23,573,500, and Feadhsip’s of $26,024,675, though all Feadship’s yachts are smaller.
Trinity's 45.7m, 2002 (refit 2011) Carpe Diem II is on display at FLIBS, with an asking price of $17,950,000.
The fleet of the 30-40m yachts is the largest at FLIBS. 25 of the yachts have an asking price of under $10,000,000, with 4 under the $2,000,000 bracket, the lowest priced of these the 1989, $1,595,000 Cheoy Lee motor yacht, Yia Sou. The most expensive in the fleet is the 37.8m motor yacht Wheels, just one of the three yachts in this fleet asking over $15,000,000. The Trinity build, exhibited by IYC, is asking $32,000,000, over $10,000,000 more than the second highest asking price of the fleet, the new build motor yacht ISA 120, asking $21,399,999. Of particular note in this fleet are the yachts between 37.5m and 38m. Across half a meter, the range differs in asking price by over $30,000,000 across a span of 26 years. It includes the 2009 Trinity build at $32,000,000, and the 1983 Royal Huisman build asking $1,925,000. Two Palmer Johnsons are also in this category, a 2005 build at $6,950,000, and a 2006 build at $8,450,000.
Wheels
The 24-30m fleet has an average asking price of nearly $4,000,000. The fleet ranges from the 1997, 24.38m Lazzara at $995,000 to Feadship’s Patriot, built in 1884 and refit in 2007, whose asking price is $9,799,000. Bloemsma & Van Breemen boast the largest and second most expensive yacht of the fleet, the 28.96m $9,500,000 motor yacht C1, built in 2003 and refit in 2010.
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