The 54.27-metre sailing yacht Tiara has been sold after 162 days on the market. The deal took place in France with Gary Wright and Ben Bartlett of Y.CO representing the seller and Gaspard Milazzo of G-Yachts representing the buyer in the deal. The yacht sold with a last known asking price of €16,950,000.Photo: Y.COFeaturing an exterior design by Dubois and an interior by John Munford, Tiara was built by Alloy in 2004; she has space for 10 guests on board, assisted by a crew of 10. The yacht makes the best of her deck space via convertible features such as the forward tender hatch that converts into a Jacuzzi or the aft deck cocktail tables that convert into a 12 seat formal dining table.Photo: Y.COPhoto: Y.COPhoto: Y.COTiara is a timeless yacht with a classic 1930s look. Design features include flamed mahogany, leather, lacquer and sculptures, much of this is due to a recent €6,000,000 refit from 2018 to 2019.Photo: Y.COPhoto: Y.COPhoto: Y.COTiara’s recent refit also saw a full engine rebuild, new generators, a servicing of her mast and rigging, a full repaint of her hull and superstructure and cosmetic upgrades such as new teak decks and new carpets. Photo: Y.COPhoto: Y.COPhoto: Y.CO“Having worked with the previous owners for many years, it was a pleasure to represent such a fantastic yacht for sale on their behalf. This sale marks a positive start to 2021 and continues the trend of increased brokerage activity that we saw in 2020 as clients are changing the way they view travel and re-evaluating how they do business as well as the growing appreciation of the freedom yachting offers. We wish her new owner many happy years with Tiara," says Gary Wright, Y.CO Co-Founder and ChairmanPhoto: Y.COPhoto: Y.COPhoto: Y.COWith a 3412E Caterpillar engine, she is able to travel at a maximum speed of 14.8 knots and has a cruising speed of 12 knots. Photo: Y.CO
SuperYacht Times - The State of Yachting 2020
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