28 April 2017
23 Sep 2016

$9 million of price reductions on IYC's fleet for the MYS


There has been a continuation of tactical pre-Monaco Yacht Show price reductions with IYC announcing price cuts on two of its show attendees; 54.7m Sequel P, for sale with IYC and Burgess, has been reduced by $6 million to $19.9 million, and 57m Skyfall, for sale with IYC and Thompson, Westwood and White, has been reduced by $3 million to $33.5 million.

“Price reductions just prior to shows can help tremendously”, begins Mark Elliott, IYC’s listing broker for both vessels. “It sends a direct signal to any buyer that the seller is anxious to sell. If price reductions are specifically targeted and carefully timed, you get maximum impact and interest.”

Skyfall was delivered in 2010 by Trinity Yachts. “I know Skyfall very well and she is an incredibly unique yacht”, continues Elliott. “She has a very impressive fast semi-displacement hull design, which is not actually a recent design like many have been led to believe. The hull has a sharp chine forward and a rounded chine in the stern, so she has the speed and shallow draft of a semi-displacement hull, with the gentle ride of a full displacement hull. She is Bahamas-friendly and the largest, fastest shallow draft hull out there, reaching a top speed of 21 knots.”

Well-equipped for hosting, she has accommodation for up to 17 guests across seven cabins, including a double-height master suite with a 280-degree view, a private office, a living room, a walk-in wardrobe and separated his and hers bathrooms. Elliott says she has the three things that he looks for in a yacht over 50m: “She has a helipad, a tender garage that can convert into a beach club, and an elevator. The elevator is wheelchair-friendly and there is also a wheelchair-friendly stateroom.”

The other reduced yacht, Sequel P, was launched out of Turquoise Yachts’ facility in Istanbul in May 2009. “She was designed by a very experienced yacht owner and, just as importantly, by an experienced yacht captain/manager with a layout designed for charter optimisation. Her typical output is 10 – 15 weeks per year so she is particularly successful commercially”, says Elliott.

She has accommodation for 12 guests over six cabins, floor-to-ceiling windows in the on-deck master and VIP staterooms, and a large sky lounge and flybridge. With Zero speed stabilisers and a full displacement hull, she is a great sea-going vessel, supplemented by a trans-Atlantic range of 4,500 nautical miles at a 12-knot speed.


Profile links





When hotels buy superyachts

Could superyachts be good business for luxury hotels? Recent acquisitions by some of the world’s leading resorts would suggest so.  More


Cecil Wright & Partners launches pioneering brokerage tool

Cecil Wright & Partners is now utilising a laser scanning system to allow potential buyers to walk-through a yacht while mobile. More


First Time Lucky?

Dominique Afacan recalls her day on board Alexa of London with owner Mark Denning, as he sailed in his first ever St Barths Bucket. More


My Myanmar: aboard S/Y Dunia Baru

Owner Mark Robba speaks to The Superyacht Owner about the joys of sailing in Myanmar aboard his 51m Phinisi yacht.    More


Saving a Soviet spy

The 65m MY La Sultana was re-launched in July 2015 following a seven-year reconversion. Now listed for sale through Camper and Nicholsons, TSO speaks to the owners about the opportunity to buy a piece of history.   More


All the World’s a Stage

The Superyacht Owner speaks to Niel Fox, founder of travel company Based on a True Story More



An informed marketplace benefits us all. Ask us what you need to know, and we'll source the most useful information and post a report for all.

Request intelligence


Discrete advice and fast answers. Click the 'Request Advice' button and select who you'd like to hear from, ask a question and we'll take care of the rest.

Ask a question now

Superyacht Buyer, Pilot issue

Superyacht Buyer was delivered as part of The Superyacht Owner in Q4 of 2015. To download a pdf of our Pilot Edition of the Superyacht Buyer click here.

View or download the magazine

Get advice