2012 (refit 2018) 4 cabins 27 meters Not insured Seized Vessel As-is purchase We have been managing this yacht under both management and charter for several years, so we know the yacht and her history very well. Due to the owner’s outstanding financial obligations, including unpaid management fees and crew salaries accumulated over approximately one year, the yacht has recently been officially seized. Current Situation The yacht is currently unoccupied and without crew. She is currently uninsured. There are outstanding supplier liabilities. The winter 2026 maintenance and servicing have not been carried out. Given the circumstances and the very limited timeframe to complete the sale, there is a genuine opportunity to negotiate a very attractive purchase price. The yacht is being offered strictly as-is, with no survey and no sea trial, as there is currently no insurance in place. This is a particular type of transaction and requires a buyer who is comfortable with an as-is purchase. However, this is also where I believe the opportunity lies. Anticipated Works As an initial indication, we estimate that approximately max €500,000 of maintenance and servicing may be required, taking into account that the winter 2026 works have not been completed and that the yacht is currently unoccupied. For a buyer looking to acquire a yacht at a significant discount and undertake the necessary works according to their own requirements, I believe this opportunity is worth considering. I would be happy to share further information and discuss the opportunity with you confidentially.