By Merijn de Waard

Over the last few months Fraser Yachts has seen some strong recovery signs for the luxury yacht market for vessels larger than 24m. Fraser Yachts’ CEO Hein Velema comments, “After Q4 2008 saw a steady decline in sales volumes across the industry, there’s been a definite turn since the start of this year. January and February saw steady growth with a more significant upturn during March and April. However, worldwide sales volumes are still well below the levels of recent years.”

While the sales are up, Hein stresses that they are certainly not happening at give-away prices. “There are very rarely “desperate sales” situations in well maintained products, like in other asset classes, and there haven’t been any significant distress deals,” says Hein. “We’ve seen prices settling down to around 25-30% less than the inflated ones of 12-24 months ago. We’re coming back to reality where yachts are selling for what they were historically priced at, unadjusted for the “bubble” and the over inflated market that led to the current re-adjustment. Sellers need to understand this market phenomenon and price accordingly when they really want to sell.”

Recent Superyacht Sales
Fraser Yachts sold several superyachts over the last few months, including FanSea, African Queen, Aviva and Surprise.

M/Y FanSea ‐ 33.30m (109’03’’) Cyrus Built 2007
Listing Agent: Jan Jaap Minnema of Fraser Yachts, Monaco

M/Y African Queen ‐ 30.48m (100’00’’) San Lorenzo Built 1995 Refit 2007
In house deal between the listing Agents: Jan Jaap Minnema of Fraser Yachts, Monaco & Sean Doyle of Fraser Yachts, Fort Lauderdale and David Legrand of Fraser Yachts, Monaco who brought the client.

M/Y Aviva ‐ 32.92m (108’00”) Monte Fino Built 1996 Refit 2007
Central Agent: Patrick McConnell of Fraser Yachts, San Diego

M/Y Surprise - 35.00 (115’00’’) Mc Mullen & Wing 2001
Asking Price: US$ 11,900,000
Central Agents: Allan Jouning, , Fraser Yachts Auckland
David Legrand, Fraser Yachts Monaco

Selection of New Central Agency Listings for Sale:
New superyachts for sale include a 70m Proteksan-Turquoise (listed as a joint CA), the 40m Amels Monte Carlo, the 39m Brazil, the 42m Abeking & Rasmussen Sotaj and many others. Below is a selection of new superyacht sales listings.

M/Y Proteksan NB 54 – 70.53m (231’4”) Proteksan-Turquoise 2011
Asking Price: EUR 52,500,000
Joint Central Agent: Stuart Larsen, Fraser Yachts Fort Lauderdale

Stuart Larsen is pleased to announce his appointment as Joint CA with Burgess for a very generous 70 metre motor yacht already well under construction at the respected Proteksan‐Turquoise shipyard. Some changes to styling and layout are still possible including a private owner’s deck.

M/Y Kanaloa - 48.00 (159’00”) CRN Ancona 1996/2008
Asking Price: US$ 17,900,000
Central Agent: Stuart Larsen, Fraser Yachts Fort Lauderdale

Kanaloa has had only two owners, which is a testament to her design, layout and seaworthiness. She has six delightful staterooms including a full beam master and VIP. She is a rugged, heavily built yacht with exceptional exterior and interior finishes. Her deck space is incredible for a yacht of her size and her long-range cruising features are superb.

In 2008 she underwent a massive refit including a full paint job and is in exceptional condition. She has proven worldwide capabilities and is in top condition, ready for extended cruising. She has been a very successful charter yacht because of her versatile and comfortable layout. Not for sale to US Residents in US waters.

M/Y SoTaj - 42.00m (139’00”) Abeking & Rasmussen 1985/2008
Asking Price: US$ 12,000,000
Central Agent: Stuart Larsen, Fraser Yachts Fort Lauderdale

SoTaj’s present owner engaged noted Naval Architect Bill Langan to design her extension incorporating an open aft deck, easy water access, an enclosed deck salon and additional crew quarters and a laundry area aft. At the same time SoTaj was repowered so as to achieve excellent cruising speeds with modern efficiency in emissions and noise control with superb results. Her lengthening, re-powering, complete repaint, new interior decor and entire refit were completed at Delta Marine during 2006, 2007 and 2008.

M/Y Monte Carlo ‐ 40.39m (132’06”) Amels Built 1988 Refit 2006
Asking: US$ 6,900,000
Central Agents: Sean Doyle & Rob Newton of Fraser Yachts, Fort Lauderdale

M/Y Brazil ‐ 39.93m (131’10”) Heesen Built 1993 Refit 2008
Asking Price: EUR 9,900,000
Central Agent: Jan Jaap Minnema of Fraser Yachts, Monaco

The 39.93 metre Brazil was built by Heesen Yachts in 1993 to a design of The A Group. Brazil sleeps 10 guests in 5 staterooms and provides space for up to 8 crew. The aluminium hulled superyacht is powered by twin 2,200hp MTU engines, enabling her to achieve a top speed of 19 knots. In 2008 the complete interior of Brazil was refitted. 

M/Y Mas Grande ‐ 36.80m (121’00”) Sovereign Built 2000
Asking Price: was US$ 6,500,000 ‐ Now asking US$ 5,100,000
Central Agent: Jeff Partin, Fraser Yachts, Fort Lauderdale

Mas Grande, a 2000 Sovereign, has accommodation for up to 10 guests and 8 crew, with the master stateroom located forward on the main deck. This composite yacht is powered by twin MTU diesels, and has a range of 3000nm.There is a large and comfortable salon on the main deck, and a stylish skylounge, just aft of the bridge.The top deck features a large Jacuzzi.

M/Y Touch ‐ 36.58m (120’00”) Derecktor Built 2004
Asking: US$ 9,500,000
Central Agent: Sean Doyle of Fraser Yachts, Fort Lauderdale

M/Y Crystal Lady - 35.00m (114’00”) Warren Yachts, 2002
Asking Price: US$ 9,000,000 US (price reduced from US$ 12,000,000)
Central Agent: Jody O’Brien, Fraser Yachts Fort Lauderdale

M/Y Steadfast ‐ 34.14m (112’00”) Baratucci Built 1992 Refit 2005
Asking price: US$ 4,950,000
Central Agent: Neal Esterly of Fraser Yachts, San Diego

M/Y Fabris - 33.00m (108’00”) Mangusta, 2003/2003
Asking Price: Reduced by EUR 1,000,000 to EUR 6,500,000
Central Agent: Jeff Partin, Fraser Yachts Fort Lauderdale

To view more luxury yacht for sale by Fraser Yachts, visit the SuperYachtTimes.com Sales Pages.