A 77 metre long range discovery yacht, a two year old 55 metre yacht of a more conventional design, a handful of smaller and faster super yachts along with between 12 and 15 power boats among the first to sign up for what is going to be the worlds first yacht auction held at a major yachtshow.
Among those yachts under the hammer are:
- The 77 metre Lone Ranger
- The 55 metre Turquoise from 2011
- The 35 metre Paradigm
- The 30 metre Matanthar
- The 26 metre Nick of Time
- A Pershing 76 called Elixir
- An Apreamare 60 called Plenitude
Between 12 and15 Cigarettes along with other power boats have already singed up with more pending signature later this week.
Qualified bidders are already registering and those that do so early will qualify for the Hosted Bidders Program with accommodation offered in the Antibes – Monaco area for the 19th to 21st April.
Accommodation might be in a hotel or on board a yacht. Transfers to the auction will also be offered, and champagne reception.
There will be a pre-auction cocktail on the 19th April in Antibes.
The two highest bidding guests will also be offered a pair of VIP tickets to the sold-out Monte Carlo Rolex Tennis Open Final on the 21st April.
Yachts are to be sold with either very recent independent surveys, or alternatively ‘subject to survey’ meaning the highest bidder has a chance to commission an independent survey after the auction and if significant issues are uncovered that were not previously disclosed then there can be an appropriate price reduction or the seller may have the problem resolved at his expense prior to completion.
Buyers will pay no commission to the auctioneer or organiser
The auction is funded by a 9% commission paid by the sellers, as well as a nominal entry fee paid by the sellers.
Registering as a buyer is free, but a bank reference letter is requested to qualify for the Hosted Bidders Program as well as to sea trial any yacht prior to the auction
Pre auction inspections and sea trials are by appointment. Sea trials are weather dependent and at the discretion of the owners and Captains of the yachts, normally limited to one hour at sea.