Spain

Marina Marbella

<a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a>’s 28.15-metre motor yacht <a data-gid="gid://syiq/Yacht/11695" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jax of Ibiza 28.15m (92'4&quot;)Sunseeker2009">Jax of Ibiza</a> sold. Juan Carlos Serra from <a data-gid="gid://syiq/Company/2577" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Marbella (Company)">Marina Marbella</a> introduced the buyer to this <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> Predator 92, while it was Rémy Becquet of <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a> Monaco who represented the buyer. <img src="https://photo-assets.superyachttimes.com/photo/212227/image/large-76152ef37987763d2d3c1b1133b004c8.jpg" data-gid="gid://syiq/Photo/212227">The yacht <a data-gid="gid://syiq/Yacht/11695" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jax of Ibiza 28.15m (92'4&quot;)Sunseeker2009">Jax of Ibiza</a> was designed in-full by her builder, <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a>, and launched back in 2009. She’s been well maintained over the years and is presented in immaculate condition; <a data-gid="gid://syiq/Yacht/11695" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jax of Ibiza 28.15m (92'4&quot;)Sunseeker2009">Jax of Ibiza</a> completed her most recent refit appointment in 2020. <img src="https://photo-assets.superyachttimes.com/photo/212220/image/large-8abcfe78e7c64fa73772f60d72db617f.jpeg" data-gid="gid://syiq/Photo/212220"><img src="https://photo-assets.superyachttimes.com/photo/212223/image/large-d33cd41032b772de88b251373c47ff48.jpeg" data-gid="gid://syiq/Photo/212223"><img src="https://photo-assets.superyachttimes.com/photo/212225/image/large-32c65846cd4baeefd39adc68bf04b9fb.jpeg" data-gid="gid://syiq/Photo/212225">With 81 GT and four staterooms, <a data-gid="gid://syiq/Yacht/11695" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jax of Ibiza 28.15m (92'4&quot;)Sunseeker2009">Jax of Ibiza</a> can accommodate as many as eight guests. The yacht also has two crew cabins, which can host three crew members. In terms of performance, <a data-gid="gid://syiq/Yacht/11695" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jax of Ibiza 28.15m (92'4&quot;)Sunseeker2009">Jax of Ibiza</a> is equipped with twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines that give her a cruising speed of 22 knots and a top speed of 33 knots. <img src="https://photo-assets.superyachttimes.com/photo/212215/image/large-cc963cbe49f5eacf362112eaf9ace43c.jpeg" data-gid="gid://syiq/Photo/212215">The yacht was sold in France and asking €2,290,000 at the time of her sale.<img src="https://photo-assets.superyachttimes.com/photo/212214/image/large-bf848304abbb763abde13dad743528a8.jpeg" data-gid="gid://syiq/Photo/212214"><img src="https://photo-assets.superyachttimes.com/photo/212226/image/large-a18c6bea0df8299fe08b2f00ed038d1e.jpeg" data-gid="gid://syiq/Photo/212226">

Sunseeker’s 28m motor yacht Jax of Ibiza sold

Sunseeker’s 28m motor yacht Jax of Ibiza sold with a last known asking price of €2,290,000.

Sold: Sunseeker’s 28m motor yacht Jax of Ibiza

SYT catches up with Mike Newton-Woof, industry veteran and Managing Director of UK-based yacht brokerage <a data-gid="gid://syiq/Company/5696" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ventura Yachts (Company)">Ventura Yachts</a>.<img src="https://photo-assets.superyachttimes.com/photo/199974/image/large-0fd9e0a66f0dc91315422435b10160d2.jpg" data-gid="gid://syiq/Photo/199974">Can you tell me a bit about yourself, your introduction to the industry and role at&nbsp;<a data-gid="gid://syiq/Company/5696" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ventura Yachts (Company)">Ventura Yachts</a>?In 1990, after my studies, a role as an Offshore Accountant became available for a Marine company in Marbella, Spain. Over the course of three summers I learnt my trade under the guidance of Robin Tupper. I eventually joined the newly formed Ancasta Powerboats, which later became <a data-gid="gid://syiq/Company/2577" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Marbella (Company)">Marina Marbella UK</a>, the UK’s exclusive importer of <a data-gid="gid://syiq/Company/5716" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Ray Boats (Company)">Sea Ray Boats</a>, <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti Yachts</a> and <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>.We then opened a new office in London, but the industry was really struggling through a recession and many of the team left. At the tender age of 24 I was quite literally ‘last man standing’ and became a Director. In 1993 when I joined <a data-gid="gid://syiq/Company/2577" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Marbella (Company)">Marina Marbella UK</a> we sold five <a data-gid="gid://syiq/Company/5716" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Ray Boats (Company)">Sea Rays</a>. When I left as Managing Director in 2001, we sold 150 Sea Rays and a number of <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti Yachts</a> and <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>s. To this day, I am still extremely proud of our team’s achievements during those years together.&nbsp;In 2002, Robin, Kristofer Westermark and Francis Holbourne set up <a data-gid="gid://syiq/Company/5696" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ventura Yachts (Company)">Ventura Yachts</a> as the exclusive <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> distributor for Spain. I joined as their UK Managing Director and I am still in this role today, happier than ever!<img src="https://photo-assets.superyachttimes.com/photo/117312/image/large-5267d79654dfad0943f7c0a707d71100.jpg" data-gid="gid://syiq/Photo/117312"><a data-gid="gid://syiq/Company/5696" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ventura Yachts (Company)">Ventura Yachts</a>&nbsp;have been very successful in recent years, what do you think the reason for this is?Firstly, we strongly believe in the products and management behind the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>. The range of yachts across all the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> brands; <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti Yachts</a>, <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a>, <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>, <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line Spa (Company)">Custom Line</a>, Itama, <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN Spa (Company)">CRN</a> and the newest addition <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>, sets us apart in this very competitive environment.Secondly, arguably the backbone of our success, is our customer retention, after-sales support and customer care. One of the many things I learnt very early in my career was if you don’t look after the customers who like, trust and respect you, then you will only ever sell one boat to one person for the rest of your career.Over the course of my careers at <a data-gid="gid://syiq/Company/2577" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Marbella (Company)">Marina Marbella</a> and <a data-gid="gid://syiq/Company/5696" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ventura Yachts (Company)">Ventura Yachts</a>, I have been fortunate enough to have worked with one excellent marketing comms agency, Creative Partners, headed by Robin Petherbridge. We foster and build client trust by creating consistent and cohesive marketing campaigns, progressively building confidence in the Ventura brand.It was the same for <a data-gid="gid://syiq/Company/2577" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Marbella (Company)">Marina Marbella</a> in the UK, where we built the status and desirability of the <a data-gid="gid://syiq/Company/5716" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Ray Boats (Company)">Sea Ray</a> brand in the eyes of a UK audience, while at the same time building trust in <a data-gid="gid://syiq/Company/2577" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Marbella (Company)">Marina Marbella UK</a>. You never know who is watching, listening or sharing information, so treat every customer like they are your last. Respectfully!<img src="https://photo-assets.superyachttimes.com/photo/187044/image/large-5112096856949b32da1413973b4e7a4e.jpg" data-gid="gid://syiq/Photo/187044">Are there any particular yacht sales which stand out to you in your history with&nbsp;<a data-gid="gid://syiq/Company/5696" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ventura Yachts (Company)">Ventura</a>?Perhaps the most amusing (looking back at it) and fortunate sale came at the end of the financial crisis in 2010. The client was interested in a 30-metre <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line Spa (Company)">Custom Line</a> and wanted to meet in Monaco to ‘thrash’ out the details.I took my seat on the flight on the day in question, when over the tannoy system an announcement was made for Mr Newton-Woof. I sheepishly raised my hand, when I was informed that I was on the right flight but on the wrong day.&nbsp;I transferred to City Airport and arrived in Monaco just in time to meet the entire party walking out. At which point I introduced myself to everyone and the buyer said, as he was shaking my hand, “How very nice of you to turn up”. At which point he turned around and walked off! His family office and I continued the meeting and signed the order the following week. I was sure I lost years off my life that day.<img src="https://photo-assets.superyachttimes.com/photo/197526/image/large-a961547166a76fa8fb7c12fab07fa03d.jpg" data-gid="gid://syiq/Photo/197526">How do you see the rest of 2021 playing out in terms of yacht sales and charter, with many brokers complaining about lack of inventory?It is astonishing that 2020 and 2021 have seen such a surge in sales activity throughout the industry. As new boat production levels never quite recovered to pre-financial crisis levels, there has been a short supply of young products in the marketplace over the last 10 years. Added to a huge uptick in sales activity, there is inevitably a supply / demand challenge. We, as are most of our competitors, are seeing new orders being secured well into 2023, which in my 30+ year experience has never happened in the sub-35m sector. The challenge the industry now faces, which is going to become a global phenomenon, is inflation and interest rate raises. This will encourage existing boat owners to put their boats back on the market, possibly at more than they paid for them, which will increase supply in the pre-owned market at a time when demand may be easing.<img src="https://photo-assets.superyachttimes.com/photo/191292/image/large-ae855d361595f18dc8954803ab8d8577.jpg" data-gid="gid://syiq/Photo/191292">In your opinion, are there any burgeoning markets in the superyacht industry, and how do you think the market is going to change in the coming years?&nbsp;Without a doubt the environment will play a major part in purchases over the next decade. This may take the form of changes in propulsion to hybrid, electric, solar and hydrogen and in the physical materials used to reduce weight, through to underwater coatings to prevent fouling build-up and increase through-water efficiency.The refit market will invariably benefit from retrofitting more fuel efficient engines and power plants, as has been seen from the speed of development with gyroscopic stabilisation systems.&nbsp;Another observation I have made is the traction and development of the fractional yacht ownership program. The next generation of younger buyers means manufacturers and retailers will need to look closely at their business models to ensure that those new buyers are not alienated.&nbsp;

Broker interview with Mike Newton-woof

SYT catches up with Mike Newton-Woof, industry veteran and Managing Director of Spanish yacht brokerage Ventura Yachts.

Increased supply and ease of demand: Mike Newton-Woof on market predictions

Ben Nichols of Marina Marbella has recently informed us about the 2007 Lazzarra 840 he is offering for sale. Iana II is powered by twin Caterpillar 1550 hp diesel engines with just 315 hours on them. <img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/136270/image/large-e4c56054fe8d9249360295d5bd0d767f.jpg" data-gid="gid://syiq/Photo/136270">This particular Lazzarra has never been charted and has been skipper and crew maintained from new. She features 5 fabulous ensuiteccabins, plus crew accomodation aft. She is presented in exceptional condition and is offered for sale at € 3,000,000.Marina Marbella Ben Nichols +44 (0) 7979 802 424 <a href="mailto:bmn@marinamarbella.net">bmn@marinamarbella.net</a> <a href="http://www.marinamarbella.net">www.marinamarbella.net</a>