Y.CO announces the sale of 42.2m ‘Moka’
The yacht has been sold after just six months on the market…
Having been an active listing with the company for just six months, international brokerage house Y.CO has confirmed that 42.2m Moka has been sold. Having been launched in 2015 by Sanlorenzo, the speed of this sale falls well below the industry average, lending credence to both the yacht and the performance of the brokerage house.
As stated in the The Superyacht Annual Report: Brokerage, “The speed of sale is a huge draw for a client, because the quicker the sale, the higher the net return, due to the lack of operating expenditure and depreciation of the vessel.”
Designed by Francesco Paszkowski, the explorer style composition of the yacht allows it to stow plenty of tenders and toys and also offers room for exterior recreational space, which includes a 4.8m contraflow current infinity pool. The 42.2m yacht is also Y.CO’s first sale of the year.
According to The Superyacht Intelligence Agency, Sanlorenzo has delivered a total of 99 yachts in the last 10 years, with a cumulative LOA of 3609m. Sanlorenzo’s delivery figures over the last 10 years show that 83.8 per cent are below the 40m mark. However, having delivered 11 yachts in the last five years within the 40-60m sector, and with a further 15 under construction, it is clear that Sanlorenzo is placing an increasingly large amount of stock and resources into these larger projects.
Although not acting as CA, Y.CO have three further Sanlorenzo vessels listed for sale, including the 40.8m Sanlorenzo 40 Alloy listed at €19.6m, 46m Reve D’Or listed at €16m and 52m Seven Sins, which is currently listed at €30m.
For the all-encompassing report on the new build activity and for more on Sanlorenzo, don’t miss The Superyacht Report: New Build. To find out more and subscribe, click here.
Images: Stuart Pearce
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