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1 Dave Kresge News 2023-06-23 00:00:00.0 2023-06-23 00:00:00.0 397 [empty string] <p>Luxury yachts are every seafarer&rsquo;s dream, but they don't have to remain a dream. With careful planning and research, you can find a luxury yacht that fits your lifestyle. Here are 5 luxury yachts under $1 million available right now:</p> <p><br />1. D&rsquo;PADRON - 2013 AZIMUT 58 FT FOR SALE <em>(pictured above)</em></p> <p>The D&rsquo;PADRON is a sleek and stylish yacht that offers the ideal blend of luxury and comfort. This 58-foot Azimut boasts state-of-the-art amenities, including an open salon, a fully equipped galley, and three comfortable staterooms, and the flybridge offers a relaxing and spacious outdoor area that can seat up to 10 guests. The D&rsquo;PADRON is priced at $849,000, making it an excellent choice for those looking for a high-quality yacht to begin their nautical adventures.</p> <p><br />2. SATISFIED - 2008 SEA RAY 60 FT FOR SALE</p> <p><img src="../../../../photos/articles/satisfied2.jpg" alt="Image 2156: " width="100%" /></p> <p>SATISFIED is an elegantly designed and well-equipped 60-foot Sea Ray yacht with plush interiors and impressive performance capabilities. With its three luxurious staterooms, spacious salon, and well-equipped galley, this yacht is perfect for family getaways and weekend outings. Additionally, the vessel comes with a hydraulic swim platform, tender garage, and fully equipped flybridge, for the ultimate luxury yachting experience. You can purchase this stunning yacht now for $849,000.</p> <p><br />3. COCONUTS - 2022 TIARA YACHTS 38 FT FOR SALE</p> <p><img src="../../../../photos/articles/coconuts2.jpg" alt="Image 2153: " width="100%" /></p> <p>With its innovative design and excellent performance, COCONUTS is a splendid 38-foot vessel from Tiara Yachts. The vessel offers a spacious layout, including a cozy salon, a fully equipped galley, and two comfortable staterooms. The outdoor experience is equally impressive, with a large cockpit and sun pad perfect for soaking up some rays. This stunning yacht can be yours for $765,000.</p> <p><br />4. ANDI LYNN - 2019 INTREPID 40 FT FOR SALE</p> <p><img src="../../../../photos/articles/dji-0003.jpg" alt="Image 2148: " width="100%" /></p> <p>Last on our list is the ANDI LYNN, a 2019 Intrepid 40-foot center console yacht that offers both luxury and performance. This yacht has a modern, sporty look and comes equipped with a spacious cockpit, comfortable seating, a fully equipped galley, and a cozy salon. The vessel's performance capabilities are also remarkable, thanks to fast and reliable outboard engines. You can purchase this stunning yacht for $665,000.</p> <p>5. JOURNEY - 2016 TIARA YACHTS 45 FT FOR SALE</p> <p><img src="../../../../photos/articles/journey-234.jpg" alt="Image 2154: " width="100%" /></p> <p>JOURNEY is a 45-foot flybridge from Tiara Yachts that oozes luxury and elegance. Launched in 2016, this yacht is well-appointed with a spacious salon, fully equipped galley, and two comfortable staterooms. With ample indoor and outdoor seating options, the yacht's flybridge deck sports a wet bar, grill, and comfortable seating. You can purchase this sports yacht today for $735,000.</p> <p><br />These yachts offer a range of options for individuals looking to enter the world of luxury yacht ownership. Each provides an exceptional experience by combining state-of-the-art amenities with the comfort of being on the water. Owning these high-quality yachts would be a dream come true for any nautical enthusiast.</p> <p>&nbsp;</p> <p>&nbsp;</p> Luxury & Performance: 5 Motor Yachts Under $1 Million Ready for Adventure on the Water. 2023-06-26 14:53:15.0 [empty string] [empty string] 1 1 1 1 0 0 1 1 0 1 0 1 [empty string] [empty string] [empty string] [empty string] [empty string] [empty string] [empty string] [empty string] [empty string] [empty string] [empty string] [empty string] Omit Sidebar Omit Gallery [empty string] [empty string] [empty string] [empty string] [empty string] [empty string] [empty string] [empty string] [empty string] [empty string] [empty string] [empty string] [empty string] [empty string] [empty string] 0.000000 Links/Quotes Link/Quote [empty string] [empty string] [empty string] [empty string] [empty string] 0.000000 [empty string] weekly 5 Motor Yachts Under $1 Million Ready for Adventure on the Water. Luxury & Performance: 5 Motor Yachts Under $1 Million Ready for Adventure on the Water. 1.0 5 Motor Yachts Under $1 Million Ready for Adventure on the Water. [empty string] Luxury & Performance: 5 Motor Yachts Under $1 Million Ready for Adventure on the Water. website https://www.alliedmarine.com [empty string] 8624239-20221213084051986-1-xlarge.jpg 8624239-20221213084051986-1-xlarge.jpg,satisfied2.jpg,coconuts2.jpg,dji-0003.jpg,journey-234.jpg 2023-06-23 00:00:00.0 [empty string] [empty string] 3 [empty string] 5 Motor Yachts Under $1 Million Ready for Adventure on the Water. [empty string] Luxury & Performance: 5 Motor Yachts Under $1 Million Ready for Adventure on the Water. yachting-news luxury-performance-5-motor-yachts-under-1-million-ready-for-adventure-on-the-water [empty string] [empty string] https://www.alliedmarine.com/yachting-news/luxury-performance-5-motor-yachts-under-1-million-ready-for-adventure-on-the-water 0 [empty string] [empty string] [empty string] 5 Motor Yachts Under $1 Million Ready for Adventure on the Water. [empty string] [empty string] [empty string] Luxury & Performance: 5 Motor Yachts Under $1 Million Ready for Adventure on the Water. [empty string] [empty string]

Luxury & Performance: 5 Motor Yachts Under $1 Million Ready for Adventure on the Water.

Jun 23, 2023

8624239_20221213084051986_1_XLARGE

Luxury yachts are every seafarer’s dream, but they don't have to remain a dream. With careful planning and research, you can find a luxury yacht that fits your lifestyle. Here are 5 luxury yachts under $1 million available right now:

1. D’PADRON - 2013 AZIMUT 58 FT FOR SALE (pictured above)

The D’PADRON is a sleek and stylish yacht that offers the ideal blend of luxury and comfort. This 58-foot Azimut boasts state-of-the-art amenities, including an open salon, a fully equipped galley, and three comfortable staterooms, and the flybridge offers a relaxing and spacious outdoor area that can seat up to 10 guests. The D’PADRON is priced at $849,000, making it an excellent choice for those looking for a high-quality yacht to begin their nautical adventures.

2. SATISFIED - 2008 SEA RAY 60 FT FOR SALE

Image 2156:

SATISFIED is an elegantly designed and well-equipped 60-foot Sea Ray yacht with plush interiors and impressive performance capabilities. With its three luxurious staterooms, spacious salon, and well-equipped galley, this yacht is perfect for family getaways and weekend outings. Additionally, the vessel comes with a hydraulic swim platform, tender garage, and fully equipped flybridge, for the ultimate luxury yachting experience. You can purchase this stunning yacht now for $849,000.

3. COCONUTS - 2022 TIARA YACHTS 38 FT FOR SALE

Image 2153:

With its innovative design and excellent performance, COCONUTS is a splendid 38-foot vessel from Tiara Yachts. The vessel offers a spacious layout, including a cozy salon, a fully equipped galley, and two comfortable staterooms. The outdoor experience is equally impressive, with a large cockpit and sun pad perfect for soaking up some rays. This stunning yacht can be yours for $765,000.

4. ANDI LYNN - 2019 INTREPID 40 FT FOR SALE

Image 2148:

Last on our list is the ANDI LYNN, a 2019 Intrepid 40-foot center console yacht that offers both luxury and performance. This yacht has a modern, sporty look and comes equipped with a spacious cockpit, comfortable seating, a fully equipped galley, and a cozy salon. The vessel's performance capabilities are also remarkable, thanks to fast and reliable outboard engines. You can purchase this stunning yacht for $665,000.

5. JOURNEY - 2016 TIARA YACHTS 45 FT FOR SALE

Image 2154:

JOURNEY is a 45-foot flybridge from Tiara Yachts that oozes luxury and elegance. Launched in 2016, this yacht is well-appointed with a spacious salon, fully equipped galley, and two comfortable staterooms. With ample indoor and outdoor seating options, the yacht's flybridge deck sports a wet bar, grill, and comfortable seating. You can purchase this sports yacht today for $735,000.

These yachts offer a range of options for individuals looking to enter the world of luxury yacht ownership. Each provides an exceptional experience by combining state-of-the-art amenities with the comfort of being on the water. Owning these high-quality yachts would be a dream come true for any nautical enthusiast.

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best yacht for 1 million

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1 Million Dollar Yachts

Find the perfect yachts for sale under 1 million dollar.

Discover exceptional value and luxury with our selection of $1 million yachts for sale. These splendid vessels offer an exquisite introduction to the world of high-end yachting, combining elegance, performance, and comfort in perfect harmony. Each yacht in this category features beautifully appointed interiors, including stylish staterooms, modern entertainment systems, and fully equipped kitchens, ensuring a delightful onboard experience. The exterior spaces are designed for relaxation and enjoyment, with spacious decks, comfortable lounging areas, and inviting alfresco dining options. Engineered for smooth performance and equipped with advanced navigation systems, these $1 million yachts provide an exhilarating yet accessible entry into luxury yachting. Ideal for those seeking a taste of the yachting lifestyle, our collection offers an unmatched blend of sophistication and adventure on the water.

OCEAN PEARL - FRACTIONAL OWNERSHIP VESSEL 366251

OCEAN PEARL - FRACTIONAL OWNERSHIP VESSEL

2000 SYDNEY SUPERCAT 411494

2000 SYDNEY SUPERCAT

LADY TAMARA 261956

LADY TAMARA

- 266631

ENCHANTRESS

2000 CUSTOM DIVE BOAT 273799

2000 CUSTOM DIVE BOAT

TORTUGA 274101

QUEEN SOUTH

BAHIRA II 275863

GOLDEN EAGLE

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best yacht for 1 million

August 2024

In the August 2024 issue of Yachting World magazine: News Few finish a tempestuous Round The Island Race European rules are eased for cruising to France and Greece Olympic sailing…

best yacht for 1 million

Yachting World

  • Digital Edition

Yachting World cover

Best luxury yacht: 7 ultimate luxury cruisers you can buy

  • Toby Hodges
  • March 14, 2024

Toby Hodges takes a look at all the nominees and the winner of the best luxury yacht category in the European Yacht of the Year Awards

The definition of the best luxury yacht will differ according to personal opinion and from boat to boat. This year’s nominees in the luxury yacht category of the European Yacht of the Year Awards proved that perfectly.

The European Yacht of the Year awards are selected by a broad panel of expert judges from across the globe. These are people who spend their professional lives sailing and comparing yachts, so you can be certain that the yachts which stand out in this field are truly the best of the best on the market.

The best luxury yachts

Best luxury yacht winner 2024 – arcona 50.

When you enter the fiercely competitive 50ft luxury performance yacht market you better get it right. And the jury felt Arcona managed that. This watershed design for the traditional Swedish brand, by X-Yachts co-founder and former designer Niels Jeppesen, is a big, contemporary new Arcona, one that sees it move away from its cruiser-racer heritage and classic interiors.

The on trend styling inside and out is backed up by a premium level of build and finish quality and sailing performance – particularly if you have the performance sails, traveller and deep (2.95m) keel options the test boat carried, although the latter does limit your berthing and anchoring options.

While I doubt it’ll be raced or will suit typical bluewater use, it offers a purity of performance push-button sailing: a handsome prospect upwind in a light breeze, it transforms into a powerful reaching machine with stacks of control.

As chairman of our jury, Jochen Rieker, puts it: “The boat certainly did not win for her somewhat borrowed looks. She wins by checking all the boxes in all other respects. Slipping along gracefully in the lightest of airs, holding her stride and her balance in more demanding conditions, offering warmth, light and this reassuring feeling of utter quality down below – there simply isn’t anything to fault.”

Contest 50CS

The Contest 50CS, for example, is an archetype luxury cruising yacht, one built to the highest standards and that could take you to most waters in impeccable comfort. This model is, uniquely, available in two versions: this more conventional 50CS with aft master cabin, or the forward owner’s suite version on the aft cockpit Contest 49CS . We ran a full test on the latter after spending two days aboard in the North Sea, where that noticeably high freeboard, which may not aid boarding nor windage, helped keep us dry on deck in a steady Force 6 gusting 7.

As the 50CS proved, this Judel/Vrolijk design keeps slipping along in the light stuff too, providing enjoyable sailing in 6 knots breeze under a code sail. The centre cockpit offers a deep protected guest area, but also links well to the spacious aft deck.

And the Wetzels-Brown-designed interiors of Contests today are stunning and hard to match. The engineering, access to usable stowage, details and finish on the 50CS is first class and to get this level of quality at this size is special.

Both Contest and X-Yachts are early adopters of hybrid power, offering their bluewater cruisers with optional electric drives. For the XC 47 this was designed-in from the start to offer Oceanvolt’s award-winning new 25kW regenerative drive.

The XC 47 is another wonderfully engineered and thought out yacht for distance cruising, in particular for those who also enjoy hands-on helming pleasure. That should come as no surprise to any X aficionados, but what really struck me most about this yacht was the stowage, and the forethought needed to create that, together with how practical it has been made.

That may sound slightly anticlimactic but ask any long-term cruiser and stowage is always a priority. On deck, this constitutes a huge lazarette and sail locker, plus clever systems for launching a dinghy via davits and a liferaft canister, while below decks every square inch of space has been used effectively, with lockers hinged with gas struts.

It’s clear the Danish yard went to considerable time and effort, even building a full mock up of the interior that could be canted 20° each way.

If the deck saloon style looks didn’t sell this model to all – this is the first full non-Jeppesen designed X – the jury were converted once they’d taken the helm. ‘Quirky’ became ‘muscular and bold’. The ease with which it can be sailed from the cockpit was also appreciated.

While I understand many offshore cruisers like a protected centre cockpit and more sun protection, the attention to detail, stowage and practicalities, combined with the direct steering, motion and enjoyable sailing this X offers make it a standout new offering.

Jeanneau Yachts 55

Meanwhile the Jeanneau Yachts 55 stands out for different, unique reasons in this category, offering a completely new concept in comfort on deck while at anchor and a novel accommodation layout. Its focus is on outdoor living space.

What helps place this in a luxury bracket is not simply the price or the creative input of superyacht specialist design duo Philppe Briand and Andrew Winch, rather that its layout creates a palatial amount of private space for the owner’s suite. Guest cabins have their own direct access from the extensive cockpit via gullwing doors.

It certainly makes sense for solo owners or couples using it as a warm water apartment. How many people this will suit is another question, as it segregates any guests, crew or children from the galley and saloon.

I used the term monocat when I first viewed it, as the 55 really does attempt to mix the two worlds, particularly in terms of providing owner privacy and lounging space. Choose the rigid hard top and windshield and there’s a vast amount of covered area including a dinette and chart table – plus a bimini can shade all that extensive aft deck too.

The penalty comes in additional weight and wetted surface, and is felt in the handling and performance, the latter particularly in lighter breeze with the optional in-mast furling, self tacking headsail and shallow draught package we had. However, it’s set up to be easily managed from the mid cockpit with good visibility from the twin helms and easy circulation thanks to the ramped side decks. Full report in YW February 2024.

Best luxury yacht 2023

Best luxury yacht winner – oyster 495.

It is hard to imagine that the decor of a yacht can change its look and feel quite this much, yet the layout of this second 495, Eddie Jordan’s dramatic looking Tuga , is in fact identical to the first boat that I spent several days aboard last summer.

At its heart is a wonderfully (Humphreys) designed and engineered luxury bluewater cruiser conceived from the ground up, built in a new dedicated facility to a repeatable quality very few yards are capable of.

The 495 offers consistent passage making speeds in real voluminous comfort – whether enjoyed from the deep cockpit or the best-in-class aft cabin. Deck stowage and mechanical space is also superb.

Then factor in the family appeal of Oyster’s after sales and world rally programme and you start to appreciate the premium world this sub 50-footer gives access to.

The first yacht fully conceived under CEO Richard Hadida’s reign, this is also the smallest completely new Oyster 495 since 2005 – and it’s a triumph. It was our September 2022 cover star in which we featured the full review from our Oyster 495 three day test .

Beneteau Oceanis Yacht 60

The Oceanis Yacht 60 is a very different beast indeed to the 62 it replaces as flagship for the Beneteau range. The yard has learned plenty from the success of the First 53/OY 54 and wanted to create a 60 in this style and with the same deck layout (albeit larger and wider) and ease of circulation.

The construction experience of the smaller model clearly helped too, as this is a whopping five tonnes lighter than the bulky OY62 and with a deeper (2.6m) keel. The telling result is on the water. It feels sporty to helm and we averaged a knot slower than the single figure 6-8 knot windspeeds upwind and matched them reaching with Code 0 and a slight swell.

The vast cockpit works well, sheltered below the semi rigid bimini, it has plentiful lounging space with sailing systems led aft to the twin helms. The interior sees a 3+3 layout, where Beneteau wanted to get rid of the corridor effect of the OY62. The galley is forward to help open out space, while the forward suite with offset berth and headboard aft works well to give space with privacy.

This is an attractive, voluminous yacht that leaves a good overall impression whether under sail, on or below decks.

Ice 62 Targa

It all looks pretty funky below decks on the Ice 62 Targa too, especially if you’re watching the masthead fore and aft cameras (plus bow and prop cam) on central displays mounted in the saloon while you slip out of the dock! The Ice is a seriously impressive, contemporary yacht, one that in looks, performance and execution, won over many of the judges.

The first to launch is a highly customised project for a passionate sailing owner who covers long distances solo – he’d already sailed it 3,000 miles around the Med that autumn. It’s impressively stiff, sails handsomely and, thanks to a telescopic keel, points well. We matched single figure windspeeds, and clocked up to the high 9s in 12 knots wind.

Umberto Felci’s team spent 4,000 hours on the design, providing lots of space and light to the interior and a chillout zone in the semi raised saloon. This was easily the coolest looking yacht, with its aggressive reverse bow, chamfered gunwales and carbon T-top bimini, and all engineered and built to a high standard.

If you enjoyed this….

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Top 10 Downeast Boats - That You Can Buy for Under $1 Million

Many many years ago, as a young, enthusiastic, and energetic sailor, I had a conversation one evening with an old friend of my father's.

We sat on the engine box top of his motor yacht, quenching our thirst, in the setting sun. His hair, I remember was all white, skin like boot leather and a way of speaking which involved long pauses before even the shortest of his sentences were uttered. I was no doubt naive and honestly, probably rather blinded, by my then unbridled excitement for ocean racing.

I was intrigued and puzzled.

Here was a man I knew who had traveled in sailing yachts, extensively across oceans, before and after the last great war, regaling me with tales of his great passion for and his long experience of, voyaging under sail.

He was, however, rather astonishingly, I thought, ... telling me all this from the stern of a motor yacht which he now owned.

Completely incongruous ... I said to myself at the time!

Why, I asked him, do you own this vessel, when your eyes light up when reminiscing about sailing yachts?

He smiled and then .... after the mandatory long pause, replied: "You will young man someday, if you are fortunate, come to understand."

Fifty years later I possibly do!

Over the years, my reflexes have slowed, my desire to work the foredeck on a cold and windy night has abated some, and the word "easier" has increasingly edged into my conversations. I have learned to channel my energies more selectively. A good night's sleep in a level bunk is now far nearer the top of my mind and yes, I must admit, a large stable platform and the ability to really live...... below decks, while underway have all worked their way into my priorities.

The result is that I pay attention these days, more than ever, to a well built, commodious, power yacht. Having sold our larger sailing yacht, I have been investigating what should be next in the family. I have come to some conclusions!

I must also confess right up front that my eye is particularly drawn to those that have the lines of what most of us call a "down east" style. A low profile, lobster boat lines and slightly less yachty, more working boat look appeal to my nature.

Let me share some of these findings with you and even one or two (if you will permit) of my opinions!

There are many well-built power vessels available on the brokerage market these days.

For the purposes of this article, and reflecting some of my own priorities, I have been guided, (in addition to my prejudice toward my preferred style,) by considerations of quality construction and performance, good or at least reasonable resale value, a strong eye to roominess/comfort and a purchase price of less than 7 figures in US dollars.

I have limited my choice to 10 vessels and must, therefore, of necessity, omit some very good alternatives. I list my choices and comment on them in no particular order.

Are you looking for a downeast style yacht?

Contact David Walters Yachts for expert advice on locating the boat right for you.

Top 10 Downeast Boats  - That You Can Buy for Under $1 Million

Image 0984:

The Sabre line has a very solid reputation. Several of these vessels including the 48’ must be a serious candidate when the criteria outlined are all considered. In addition, the brand holds resale value, has well thought out accommodations and several recent design ideas integrated into the traditional look and interior finish. She is large enough to accommodate 2 couples in comfort, each with head and shower. The addition of a captain’s quarters below salon sole allow extra accommodations for crew/family members.

Her expansive foredeck is a great lounging area and her stern cockpit dining table and retractable rear cabin window creates a large outdoor living/entertainment space.

Market offering prices are affected by vessel conditions and options and can vary noticeably depending on the brand and style of the vessel's power. Pros/cons between the Volvo/pod combination, the Cummins/Zeus duo or more traditional straight shaft drives are important considerations here.

  • 48’ models on the brokerage market range from 2012 in the mid $600,000’s to very recent models at or just above $1 Million
  • Sabre 48 models on the brokerage market range from 2012 models in the mid $ 600,000s to very recent models that can reach as high as $ 1,400,000. There are generally a fair amount of options available, so buyers will have a nice selection to choose from.
  • Sabre models in the 40 to 46 size range vary in age and configuration but can be purchased as low as $300,000 for a good quality but older model.
  • Search Sabre Yachts for Sale

Image 0980:

The Hinckley Company has built a remarkable brand over the years. Their power line includes several vessels in the range of 44’to 55’.

Many Hinckley’s offered on the brokerage market are available at prices which are now more economical, relatively speaking, than at new.

The name brand, the associated appeal to some buyers, the quality of construction and the classic appearance overall, over the decades, maintained their attraction to a segment of the market. For this reason, they are rarely advertised at bargain prices although occasionally examples of this brand come on brokerage, usually due to seller circumstances, at prices which make them within reach of the value buyer.

Again condition, options and maintenance history are always factors. Power plant options are an interesting aspect of these vessels as more and more alternatives become available on the brokerage market, including electronic diesel-jet drive combos.

  • 55’ Talaria 2005-6s offered at slightly over and slightly under $1 Million.
  • 44' Talaria models, 2003-8, offered at $500-800,000.
  • Search Hinckley Yachts for Sale

GRAND BANKS/EASTBAY

Image 0979:

The Grand Banks name has been among the honor gallery for pleasure motor yachts for many years resulting in part from its original line of wood, classic trawler style vessels. Brand construction was converted to fiberglass as this material took its place among boat builders. Eventually the "Classic" design was transformed into the more modern East Bay line, keeping of course a "Down East "look. The vessels have a reputation for quality build, sea kindliness, fine finish and have an enthusiastic and substantial following.

One extremely interesting aspect of this brand is the large number of 40-55 ft vessels of both the classic and East Bay version that are available literally around the world. One can buy a GB and start an adventure from most major international yacht centers, a demonstration of their popularity as a brand and proof of how widely known and accepted they are. The variety of models in this size range also allows a purchaser almost any interior configuration that suits and, in a vintage/price point acceptable. 

Grand Banks hold their value well and many of the more popular models are, it seems, always available in brokerage. Newer vintages are now appearing on the resale market with pod drives and seakeepers. The classic line trawlers are numerous on the market and ones in very good condition can be acquired at very reasonable prices.

  • 44’ East Bay from $300,000 to about $1M based on model years ranging from 2003-2017
  • The larger models, with sizes in the range of 50 ft, are also available for well under $900,000
  • Search Grand Banks Yachts for Sale

  WESMAC

Image 0985:

The Wesmac brand has a reputation as a very well built, seagoing, commercial grade vessel and as a general statement their pricing reflects that. They are considered my many howeveras not as "yachty" as other brands and tend toward a more serviceable finish and appearance.

The design involves more rear deck working space, with a lobster boat set of lines and not surprisingly less interior cabin space and fewer accommodations than other brands. That said many have been built/converted to yachts, providing owners who wish to spend more time offshore, with sturdy reliable service and less fancy maintenance.

Most on the brokerage market are economical single diesel engine models, although a few twin power do exist. All are straight shaft. Vessels in some lengths are available in fly bridge models in addition to the traditional lobster boat and express design.

Pricing covers a broad range with:

  • 1998 36’ traditional lobster boat design at $260,000
  • 2008 flybridge model at $800,000
  • 2018 46’ for just over $1 Million
  • Search Wesmac Yachts for Sale

                                          

Image 0978:

Bruckmann is perhaps less well known than others referred to here but among those who do know them these vessels garner great respect. Builders of both power and sail vessels, the power line tends to the down east styling and is frankly reminiscent of the Talaria from a distance. The largest power production model is the 40' classic, a few of which do come on the brokerage market occasionally.

They are smaller than the other yachts mentioned in this article (being designed around a single double berth cabin) but with a large, airy salon and rear cockpit deck. Single diesel, straight shaft drives and a very nice interior finish cap off a strong and pleasing looking vessel.

  • 2012 Bruckmann 40 version, located in freshwater, low hours, in very good condition, priced at $650000
  • Search Bruckmann Yachts for Sale

Image 0982:

The MJM line burst upon the power yacht scene some years ago, conceived by a very experienced builder, with several new ideas about what would interest older sailors, moving to power. The result was a line of yachts that could perhaps be best described as a "modern version of the old "Down East". Low in profile, slightly reminiscent of a working fishing boat, bright, airy, open space, soft lines and just a hint of being ahead of its design day. Big on the "deck to interior salon space" concept, with a more compact approach to state rooms, a no wood exterior and a less woody interior, means the MJM has trimmed back vessel maintenance, with an eye to not interfering with cocktail hour. Modern strong materials are used throughout.

She will get you there quickly with the planning hull and lots of power. Speaking of power, and depending upon size, these boats are available with diesel straight shaft or stern drives with some of the newer ones featuring pods (Cummins or Volvo IPS). All come with a joystick for easy maneuvering and a design intended to accommodate shorthandedness.

All this comes, however, with a price!

These vessels are available in a broad range of sizes starting from 30’ (they call it 29z) and growing to 56’ in length (the 53z). The larger versions' pricing, both new and used, will well exceed 6 figures. In order to stay under $1M on the brokerage market, some combination of experience and size must be considered. In my opinion the 36z model (which is 39’ LOA) is probably the minimum size that would allow a couple to cruise extendedly, in some comfort.

  • 36z 2012-13 versions offered at about $560,000
  • 40z models (LOA 44’) an '09 and an '11, offered between $650,000 - $850,000
  • Search MJM Yachts for Sale

LITTLE HARBOR

Image 0981:

Little Harbor yachts must be mentioned here, although availability is an issue. They rate extremely high on the price / quality ratio even though new vessel production ended years ago. The Little Harbor is simply a great boat. Most come with the Whisper Jet Drive, but some are available with a diesel straight shaft.

Built for several years by Ted Hood's Company, then constructed overseas, these boats were well designed, well-built and very nicely finished. Although there was the odd one built to 52’ LOA, most of the production line vessels were in the 32’ to 44’ size.

The interior is really designed for one couple cruising, with its single double cabin forward and convertible dinette.

The 42’, 40’and 38’ versions are similar in layout, slightly smaller but of equal quality of course. The Yanmar diesels with shaft or Jet drives, interior yacht finish, a good ride, and a reputation for reliability all produce a beautiful "down east" looking little ship.

Brokerage LH boats, in the range of 15-20 years old, should have their condition and level of maintenance thoroughly verified. Any owner must also know that future care would be very important here. Pricing with these vessels is a very pleasant surprise for this quality.

  • 44’ versions are advertised for under $300,000 and go down from there
  • Prices as low as $125,000 for the smaller models are available
  • Search Little Harbor Yachts for Sale

Image 0977:

This venerable American yacht designer and his products are well known to those of us with some miles under our keel. A standout with sail he eventually was in involved in the production of some very fine power vessels.

These again are a line of yachts that, sadly, are no longer produced, but are part of the well designed, well-built genre of yesteryear still available through resale. All construction was, for its day, first class with traditional interior wood finish and a relatively (by todays standard) simple layout.

These vessels are part of American nautical history and as such, most have been exceptionally well maintained, a reflection of the sophistication of their ownership. All are diesel powered with, of course, straight shaft, as was their time. 

  • 1999 40’ Express is a one cabin optional layout with Yanmar power, 2600 hours and a very fine finish with impressive maintenance, listed at $375,000
  • 2005 49’ Express is also a one stateroom vessel, designed to be very roomy and commodious, both below and in the main salon. The 2 Cummins engines have only 1650 hours on them and the interior is impeccable. She is listed at $540,000
  • 56’ Flybridge is a 2 stateroom layout with a roomy fine interior, also apparently well maintained, she is powered by twin Caterpillar diesels, with only approx. 1900 hours on them.
  • Search Alden Yachts for Sale

Quality from a few years ago, standing the test of times, at very attractive prices!

                              

Image 0986:

Vicem Yachts are built in Turkey by an established company, family owned. They are not as well-known as many other brands in North America but do have traditional "downeast" good looks and a quality build.

Their traditional construction is composite, cross layered epoxy soaked mahogany strips encased with fiberglass mat and resin. They now can build in cored fiberglass, but this is relatively recent and therefore most vessels on the brokerage market are the composite. The joinery is of a high standard and finished in traditional woods. The vessels are all outfitted with world class mechanical, electrical, plumbing, communications and navigation equipment, with buyer choice as to diesel engines, straight shaft or pod drives. They also boast the ability to modify any layout of their production models to accommodate much of what a new buyer may wish to change.

The builder also provides North American warranties and support. One of the great attractions of this line is pricing, both as to new and on resale. The builder can take advantage of local Turkish labor rates to produce, out of the door, vessels at extremely competitive prices, when compared to the other yachts listed in this article.

This has a trickledown effect on prices in the brokerage market. Provided, as with all used vessels, that she has been well maintained, and that in particular, any additions to hull or decks have been done properly to ensure no water intrusion, these boats can be an attractive alternative.

Another advantage is that there are several choices on the brokerage sheets, sometimes at prices which vary greatly, even as between similar sizes. This builder builds production models from about 33’ up to about 70’ with larger vessels currently being custom.

  • 2005 54’ at $575,000
  • 2007 55’Classic at $580,000
  • 2003 51’at $540,000
  • A virtually new 2019 46’ Classic is available and could possibly be purchased for about $995,000
  • Search Vicem Yachts for Sale

    

Image 0983:

For those of you who appreciate a little Italian flair with your traditional "down east" vessel there is this very stylish option, Rivolta. This line of vessels is designed and built in Sarasota, FL by a family with old country origins. With a deep history in sailing, racing power boats and entrepreneurship, the company principals have developed their range of power yachts with a distinctly European flair.

The hull and superstructure retain the typical lines of their down east sisters but the finish and interior styling trend closer to what we see in many modern vessels from "on the continent." These boats as new are available in a range of sizes, all built with local quality construction, world class equipment and are powered with diesels engines of your choice. Interiors are, in keeping with the overall design approach, less "woody", more bright light/white color and more open feeling than some others of their hull style. These are yachts which are a step out in a slightly different direction, but not so far as to be beyond appeal to a typical "downeast" owner.

Two of their most popular vessels are the 44’ Coupe, a 2 cabin 2 head vessel with room and openness. Some were built with diesel- jet drives, an expansive open rear deck with opening transom and large swim platform. The 40’ Coupe, a 2 cabin 1 head vessel, twin diesel power, comes with all the basic accommodations you would expect from a yacht this size.

  • 2009 44’ Coupe with diesels - jet drives at $339,000
  • 2012 44’, straight shaft diesels, at $360,000
  • Several 2005 41’ Coupes at about $225,000
  • Search Rivolta Yachts for Sale

 Larry Pringle

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NEW and USED YACHTS for SALE Image

Used Yachts For Sale Between $1,000,000 and $1,500,000

photo of 75' Consolidated Commuter 1930

75' Consolidated Commuter 1930

$ 1,500,000

MONTAUK, United States

photo of 72' Trumpy Houseboat 1972

72' Trumpy Houseboat 1972

Palm Beach, United States

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55' Rybovich Convertible 2004

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Price Reduction

59' Hatteras GT60 2010

$ 1,499,999

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68' Sunseeker 2016

Miami Beach, United States

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50' Azimut 50 FLY 2022

Quincy, United States

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50' Princess V50 Open 2022

$ 1,499,000

Boca Raton, United States

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68' Sunseeker Predator 68 2015

New Rochelle, United States

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65' Marquis 65 Pilothouse 2006

Fort Pierce, United States

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New Arrival

112' Tarrab Raised Pilothouse 1995

Nanaimo, Canada

photo of 103' Custom Fjellstrand 1983

103' Custom Fjellstrand 1983

photo of 100' President 2002

100' President 2002

Fort Lauderdale, United States

Description

Finding a used yachts for sale between $1,000,000 and $1,500,000 that fits your needs when it comes to number of passengers, horsepower, inside accommodations, and other features on board can be a challenge with so many options available on the market today. There are many types of boats available between $1m and $1.5m like  center-consoles ,  cruising yachts , motor yachts , and  fishing boats , with many good options across all length ranges Still, there are plenty of opportunities with brands like  Sea Ray ,  Carver ,  Princess ,  Grand Banks ,  Meridian ,  Viking ,  Hatteras ,  Bertram , and others. Let the team at United Yacht Sales help you find the right vessel that fits your needs under $1.5 million.

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10 Yachts for Sale Under a Million

best yacht for 1 million

Buying a pre-owned yacht offers the advantages of immediate availability and reduced cost compared to commissioning a new yacht. Also, the negotiation process saves money.

A luxury yacht that is already on the water also has a track record and charter history, which can be factored into your purchase decision. An existing vessel offers you the opportunity to refit her to your taste and needs, which is both faster and more cost effective.

We have selected for you our 10 yachts available for purchase for less than one million euros.

Catamaran Lagoon 620 : the comfort of a hotel for less than 1 million Euros

VPLP designed this luxury catamaran and paid particular attention to the details that make life on board a pleasure. A large number of windows brings natural light into every room; her large flybridge offers a 360° view and ample space for relaxation.

The Lagoon 620 is also the ideal boat for private crewed charter cruises. This catamaran is in a 6 cabin version, the future buyer should plan to add the necessary options to allow a suitable level of service for luxury charter. Our brokers will be there to advise you accordingly.

best yacht for 1 million

: 2014
: 995 000 € (approx. $1 123 260)
: 63′
: 6 cabins
Available in

Fountaine Pajot MY 44 catamaran: a 44′ yacht for sale for 900K€

A motor yacht in perfect condition, designed for long and extended cruises while remaining comfortable in hers 20m² salon, a fully equipped kitchen, a master suite with a large flat screen TV, not to mention hers 12m² flybridge that offers a breathtaking 360° view.

With her volume and level of finish, the Foutaine Pajot MY 44 can easily compete with monohulls of 15 meters and more.

All options and in perfect condition, this MY 44 is an opportunity not to be missed!

best yacht for 1 million

: 2020
: 900 000 € (approx. $1 016 014)
: 44′
: owner
Available in

Nautitech 47 Power : less than 1 million for the combination of comfort and speed

Careful and comfortable interiors. Large portholes surround the yacht and bring natural light into the large salon to enjoy a 360° view.

Hers XXL flybridge offers exceptional moments of relaxation with a large solarium, a lounge area with a bar and a steering position. The lines of the hull are optimized for a perfect finish, stability and comfort at sea whatever the speed.

The best finishes have been brought to the interior of this Nautitech 47 Power for an even higher quality. The proposed unit is in excellent condition!

best yacht for 1 million

: 2020
: 830 000 € (approx. $936 991)
: 47′
: 3 cabins
Available in

Privilège 585: a best seller yacht for sale for less than a million

Comfortable and elegant, this magnificent catamaran is suitable for cruising in the Mediterranean or in tropical waters.

She has all the amenities of a modern cruising catamaran with the highest standards for safe, comfortable and relaxing cruising. Her interior is fully air-conditioned and has stylish beechwood furnishings and contemporary luxury, all with a magnificent panoramic view.

Built in 24 units, the PRIVILEGE 585 has established herself as a “Best Seller” in terms of build quality, finishing touches and cruising usage.

best yacht for 1 million

/ : 2004/ 2018
: 790 000 € (approx. $891 834)
: 59′
: 5 cabins
Available in

Fountaine Pajot Queensland 55: a stable yacht for sale at less than 1 million

Built on the experience gained with the Cumberland 46, the Queensland 55 has everything you could want in a boat. Indeed, she has a huge salon, which combines dining room, kitchen and navigation room, a deck, a large flybridge, spacious cabins and lighting that creates a refined atmosphere.

Capable of sailing at an impressive speed, it is a real pleasure to maneuver this Queensland 55 .

best yacht for 1 million

: 2010
: 785 000 € (approx. $886 190)
: 55′
: 5 cabins
Available in

Beneteau Oceanis 62 : a sailing yacht for sale below 800K€

First born of the range, the Oceanis Yacht 62 opens the door to a new art of sharing magical moments at sea. She is designed to be reassuring, balanced, maneuverable and elegant.

She is organized around a spacious saloon and private areas, bathed in light from the huge hull portholes.

This Oceanis 62 with hers luxurious design offers noble materials and exclusive cabinetry finishes.

best yacht for 1 million

: 2022
: 729 000 € (approx. $822 971)
: 63′
: 3+3 or 4+2 cabins
Available in

Lagoon 50 catamaran : a sailing catamaran for less than 700K€

This new yacht comes between the unavoidable Lagoon 450 & Lagoon 52. She is the seductive option for sailors looking for a large and modern marine boat.

Thanks to hers new visual identity, hers new rigging, she offers increased performance with a unique signature.

Hers large living spaces and hers panoramic vision are more than ever highlighted on this Lagoon catamaran 50 . This brand new catamaran will need to be customised with the options of your choice. Our sale brokers can give you tips on the best ones to had for an optimal charter revenue.

best yacht for 1 million

: 2023
: From 680 000 € (approx. $767 655)
: 49′
: 3,4,5 or 6 cabins
Available in

Lagoon 570 : space, luxury and comfort for sale at less than 600K€

She is one of the best Lagoon ever designed for those seeking balance of space, luxury, comfort and performance.

This yacht is the perfect travel vessel for an adventurer or a family. The hull is relatively slim, the bows are slim which allows her to sail smartly even in light breezes.

This Lagoon 570 was originally owned by Mr Yvan Beneteau. She has therefore benefited from a particular attention from the shipyard with carbon reinforcements in the beams for example.

best yacht for 1 million

: 2007
: 550 000 € (approx. $620 897)
: 56′
: 4 cabins
Available in

Beneteau First Yacht 53: a performance sailing yacht for less than 500K€

This unit has been designed for the discerning owner and connoisseur for luxurious performance. The hull and helm balance provide a unique feeling, the circulation is fluid, the interiors are both marine and modern.

With the First Yacht 53 , the new First generation is on its way!

best yacht for 1 million

: 2023
: 494 900 € (approx. $558 695)
: 57′
: 3+3 cabins
Available in

Lagoon Catamaran 440 : the affordable catamaran for sale at less than 400 K€

The architects added on this yacht the latest technological developments of cruising multihulls. At first glance, it is obvious that great care has been taken in hers design: the lines are long and elegant, the shapes are dynamic, the spaces are cleverly used and the ergonomics are optimal.

The salon is a superb living space and offers a 360° panoramic view. The large windows in the hull of this Lagoon 440 bring a lot of natural light and offer an unparalleled view of the outside world while remaining discreet.

best yacht for 1 million

: 2010
: 396 000 € (approx. $447 046)
: 45′
: owner
Available in

Read also : Buying – Selling a yacht

There are many boats for sale on the market and you should find yours! If you haven’t found yet what you were looking for, do not hesitate to contact our team of professionals who will help you in your research.

RELATED ARTICLES MORE FROM AUTHOR

10 yachts for sale under 4 millions euros, brokerage yacht market in 2023 : a review of key trends and developments, the 5 best sailing boats under 60 feet.

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Used Yachts for Sale Between $900000 and $1000000

If you're looking for a pre-owned yacht for sale between $900k and $1 million, SI Yachts has the expertise to assist you in choosing the perfect boat for your requirements. Whether heading offshore to hunt for billfish or cruising the east coast, there are many options available on the yacht brokerage market. This is where the personalized customer service and knowledge our team proves valuable to you as the customer.

Boats for sale under one million dollars online include brands like Azimut Yachts , Bertram Yachts , Ferretti Yachts , Galeon Yachts , Hatteras Yachts , Prestige Yachts , Sea Ray , Sunseeker Yachts , Viking Yachts , and more! From New York, to Florida, and beyond, SI Yachts can assist you in the purchase or sale of a boat under $1 million. We look forward to earning your business! Contact us today at [email protected] or by calling one of our convenient locations . SI Yachts are also Licensed Florida Yacht Brokers.

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For aspiring yacht owners looking for a luxury yacht for sale, we have put together a fine selection of luxury yachts and megayachts for sale from all over the world. Search BOAT International's collection of superyachts for sale and filter by type, length, asking price or age. Narrow the results by selecting specific features, or browse by speed, designer and much more.

Explore luxury yachts for sale

Search for everything from motor yachts for sale from renowned Dutch yards including Feadship and Heesen , premium Italian names including Azimut , Sanlorenzo and Benetti , popular British builders Sunseeker and Princess , and American megayachts for sale from US yards such as Westport .

Our collection also features sailing yachts for sale from legendary names such as Royal Huisman , Perini Navi , Nautor's Swan and Jongert , as well as some of the most well-known explorer yachts for sale .

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€1 Million Euros Yachts for Sale

Used €1 million euros yachts for sale, betelgueser.

35.96m | Custom | 2012

35.35m | Aos | 1993

LADY AUDREY

34.74m | Hatteras | 1994

32.91m | Viking sport cruisers | 2002

ENCHANTRESS

32.3m | Breaux baycraft | 1968

32m | Chantier de l'esterel | 1963

30.47m | Bodrum yachts | 2007

30.47m | Mangusta | 1995

30.47m | Azimut yachts | 1999

30m | Ferronavale | 1987

CUSTOM MADE MOTORSAILER

30m | Custom | 2005

GOLDEN EAGLE

29.87m | Broward | 1989

29.56m | Trans world | 2003

28.4m | Giant | 2007

28.04m | Hatteras | 1996

1998 HATTERAS 92

28.04m | Hatteras | 1998

27.51m | Admiral yachts | 1992

27.43m | Stephens | 1977

27.43m | Hatteras | 1999

27.43m | Tecnomar | 2007

27.29m | Chantier de l'esterel | 1966

27.28m | Oy nautor ab | 1991

L88 FRACTIONAL

27.27m | Ladenstein | 2025

27.2m | Tuzla istanbul turkey | 1998

27m | Leopard | 2007

26.98m | Arno leopard | 2006

26.88m | Arno | 2007

26.6m | Alalunga | 2008

26.48m | Canados | 2003

MIDNIGHT MADNESS

26.3m | Cerri cantieri navali | 2004

26.25m | Azimut yachts | 2005

26m | Benetti | 1974

1960 CUSTOM CRUISER

25.9m | Custom | 1960

25.29m | Technomar | 2007

24.99m | Jefferson | 2006

24.99m | Hatteras | 1998

24.99m | Sunseeker | 2003

24.99m | Leclercq | 2005

SUNSEEKER 82

24.99m | Sunseeker | 2007

24.99m | Sunseeker | 2005

24.99m | Sanlorenzo | 2000

2004 FERRETTI YACHTS 810

24.68m | Ferretti yachts | 2004

2000 FERRETTI YACHTS 80

24.53m | Ferretti yachts | 2000

24.4m | Trumpy | 1955

MALARPRINSESSAN

24.4m | Horizon | 2000

24.38m | Cheoy lee | 2005

24.38m | Azimut yachts | 2004

24.38m | Gianetti | 2003

M/V UNION JACK 80 HERITAGE TUG

24.38m | Custom built | 1941

24.38m | Azimut yachts | 2003

24.38m | Burger | 1988

AUGUST MOON

24m | Sunseeker | 2000

ARISTON FIVE

24m | Gianetti | 2005

24m | Maiora | 2002

FREE SPIRIT

23.92m | Azimut yachts | 2002

23.9m | Arno leopard | 2003

23.9m | Cd holmes | 1969

23.85m | Spertini alalunga | 2006

23.78m | Baia | 2008

23.77m | Custom built | 1988

23.46m | Custom | 2013

23.39m | Lazzara | 2009

OCEAN PHOENIX

23.31m | Pendennis | 1996

23.16m | Ferretti yachts | 2005

23.16m | Pershing | 2004

23.16m | Pershing | 2005

QUE SA-RAH SA-RAH

23.16m | Symbol | 1998

23.15m | Ferretti yachts | 2004

TRUE AUSTRIAN

23.02m | Dalla pieta | 2008

23m | De vries lentsch (dutch built) | 1958

THINKS IT'S HIS TOO

22.88m | Azimut yachts | 2008

TAKEN TIME II

22.85m | Hampton yachts | 2006

22.85m | Azimut yachts | 2009

22.85m | Viking | 2004

22.85m | Sunseeker | 2005

22.85m | Aicon | 2008

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Orange County man gets prison for $3 million COVID fraud, forfeits yacht and $58,000 in cash

A Lake Forest man convicted of defrauding companies who paid more than $3 million for gloves during the COVID pandemic has been sentenced to seven years in prison and ordered to forfeit a yacht and nearly $60,000 in cash.

Christopher John Badsey, 63, told three companies he had access to millions of boxes of nitrile gloves in June and July of 2020, a time when this crucial protective gear was in short supply with law enforcement agencies and hospitals even struggling to get access. The national stockpile of nitrile gloves fell from 16.9 million in December 2019 to just 2 million in October 2020, according to a U.S. Government Accountability Office report to Congress in November of that year.

When Badsey agreed to sales contracts, he told the companies that the gloves were being stored in a warehouse in Los Angeles, and they had to pay deposits of more than $1 million. Badsey told them to wire the money to accounts controlled by himself, his business in Irvine called First Defense International Security Services Corp. or a co-conspirators, according to prosecutors.

In total, the companies wired $3,231,990 for the gloves. But the gloves Badsey was claiming to sell didn't even exist.

"In fact, Badsey did not have any gloves stored in any warehouse," reads a statement issued Friday by the U.S. Attorney's Office for the Central District of California.

In a sentencing memorandum, federal prosecutors wrote that he "used the deposit money to make expensive purchases, all while stringing would-be purchasers along with false stories, including absurd claims that government agents were blocking access to his warehouse of gloves." 

In April 2023, he pleaded guilty to four federal charges of wire fraud.

In addition to the prison sentence and restitution, Badsey has forfeited all title and interest in possessions he has purchased with the money made from the glove fraud — a yacht, a pontoon boat, $58,923 in cash, two Mercedes-Benz vehicles, an RV, two Ford pickup trucks, three ATVs, a tractor and some fishing equipment, according to prosecutors.

Orange County man gets prison for $3 million COVID fraud, forfeits yacht and $58,000 in cash

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All about the $40m bayesian yacht that capsized, leaving 6 dead and 1 still missing.

The massive superyacht Bayesian that sank off the coast of Italy on Monday won numerous awards for its sleek interior design — and was sold to its original owner for nearly $40 million.

The luxury sailing ship was carrying 22 people when it capsized and sank during a fierce storm early Monday.

A handout picture, provided by Perini Navi Press Office, shows the ''Bayesian'', the 56-metre sailing unit sunk in a violent storm off Palermo, Italy, 19 August 2024

The bodies of five of six missing passengers, including British tech tycoon Mike Lynch , 69, have been recovered. His daughter, 18-year-old Hannah, is the only one of six known killed in the tragedy yet to be found, a source close to the rescue operation told Reuters.

The ship’s chef, Recaldo Thomas, has also been confirmed dead.

Divers continued searching the wreckage of the 184-foot-long, British-flagged vessel, previously called Salute, on Wednesday after discovering four of the bodies.

When it was built in 2008, the Bayesian had the tallest aluminum mast in the world, standing at 237 feet, earning it the award for best exterior styling at the World Superyacht Awards in 2009, the Telegraph reported.

The sprawling superyacht’s interior, decorated with sleek, minimalist furnishings created by Remi Tessier, has also won numerous awards.

Confirmed fatality from the Bayesian Yacht sinking off the coast of Porticello. Ricardo (Recaldo) Thomas (pictured) the ship's chef has been confirmed dead but 6 others are still listed as missing.Mike Lynch, his daughter Hannah ,Jonathan Bloomer the chair of Morgan Stanley international his wife and New Yorker Chris Morvillo and wife photo

The ship, which accommodated 12 guests, had a master bedroom and three double and two twin bedrooms.

It also featured beige sofas, dark wood furnishings, and a teak deck equipped with a large canvas awning to keep guests cool, according to the outlet.

Some of the ship’s styling, including thin brown pillars and miniature terra cotta sculptures, was inspired by Japanese culture.

What to know after a tornado sank the yacht Bayesian off the coast of Sicily:

  • A superyacht capsized off the coast of Sicily after a tornado hit the area early Monday, killing seven passengers.
  • British tech tycoon Mike Lynch was identified as one of the bodies pulled from the wreckage. His teenage daughter, Hannah, was the final one to be recovered.
  • Lynch — known as “Britain’s Bill Gates” — had invited guests from Clifford Chance, a legal firm that represented him, and Invoke Capital, his own company, on the voyage,  according to the Telegraph . 
  • Security camera footage shot from 650 feet from where the  Bayesian sank Monday  shows it disappearing.
  • A rare and unexpected “black swan” weather event may have led to the  Bayesian’s speedy demise , maritime experts say.

graphic of tragic yacht

The extravagant ship won best interior at the International Superyacht Society Awards in 2008 and was also voted one of the best large sailing yachts at the 2009 World Superyacht Awards, according to the outlet.

The yacht’s original owner, John Groenewoud, a Dutch real estate developer, reportedly bought the ship for £30 million ($39 million) when it was built. In 2014, he sold the ship with an asking price of £27 million ($35 million).

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The Bayesian is currently owned by Revtom, a company that listed Lynch’s wife, Angela Bacares, as its legal owner.

It was named after the Bayesian statistical model that helps financial investors calculate risk — the subject of Lynch’s PhD that later helped him build his empire.

The vessel, operated by yachting company Camper & Nicholsons, had twin 965hp MTU engines, which gave it a range of 3,600 nautical miles at 13 to 15 knots (14 to 17 mph).

An ambulance carries the body of a person which was found at the scene where the luxury yacht sank.

RSB Rigging carried out rig service works on the ship with Astilleros de Mallorca, a shipyard facility in Palma, in November 2016.

The Bayesian returned in September 2020 for scheduled service works, including having its mast removed and reinstalled.

Steve Branagh, managing director of RSB Rigging, told the Telegraph: “At this time, our deepest sympathies go out to the friends and families of all those affected by this dreadful tragedy.”

A handout picture, provided by Perini Navi Press Office, shows the ''Bayesian'', the 56-metre sailing unit sunk in a violent storm off Palermo, Italy, 19 August 2024

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Italian prosecutors open shipwreck and manslaughter investigation into superyacht sinking.

Associated Press

Copyright 2024 The Associated Press. All rights reserved

Italian firefighter divers bring ashore in a plastic bag the body of one of the victims of a shipwreck, in Porticello, Sicily, southern Italy, Thursday, Aug. 22, 2024. Divers searching the wreck of the superyacht Bayesian that sank off Sicily on Monday recovered a fifth body on Thursday and continued to search for one more as investigators sought to learn why the vessel sank so quickly. (AP Photo/Salvatore Cavalli)

ROME – Prosecutors in Italy said Saturday they have opened an investigation into shipwreck and manslaughter after a superyacht capsized during a storm off the coast of Sicily, killing seven people onboard.

Termini Imerese prosecutor Ambrogio Cartosio confirmed the investigation but said no suspect is currently identified.

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“We are only in the initial phase of the investigation. We can’t exclude any sort of development at present,” he told reporters at a news conference.

The main question investigators are focusing on is how a sailing vessel deemed “unsinkable” by its manufacturer, Italian shipyard Perini Navi, sank while a nearby sailboat remained largely unscathed .

Rescuers on Friday brought ashore the last of seven bodies from the sinking of The Bayesian, a 56-meter (184-foot) British-flagged luxury yacht that went down in a storm near the Mediterranean island in southern Italy early Monday. The sailboat was carrying a crew of 10 people and 12 passengers.

The body was believed to be that of Hannah Lynch, 18, the daughter of British tech magnate Mike Lynch. His body was recovered Thursday. He had been celebrating his recent acquittal on fraud charges with his family and the people who had defended him at trial in the United States. His wife, Angela Bacares, was among the 15 survivors.

Civil protection officials said they believe the yacht, which featured a distinctive 75-meter (246-feet) aluminum mast, was struck by a tornado over the water, known as a waterspout, and sank quickly.

Rescuers struggled for four days to find all the bodies, making only slow headway through the interior of the wreck lying on the seabed 50 meters (164 feet) below the surface.

"The Lynch family is devastated, in shock and is being comforted and supported by family and friends. Their thoughts are with everyone affected by the tragedy,” a spokesperson for the family said in a statement issued Friday.

The other five victims are Christopher Morvillo, one of Lynch’s U.S. lawyers, and his wife, Neda; Jonathan Bloomer, chairman of Morgan Stanley’s London-based investment banking subsidiary, and his wife, Judy; and Recaldo Thomas, the yacht’s chef.

Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

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The 8 Best Books to Read on Your Summer Yacht Trip

An unsolved murder on the jersey shore, histories of shipwrecks and piracy, whodunnits on storied ocean liners. here are 8 maritime page-turners., jaclyn trop, jaclyn trop's most recent stories.

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Best Books on Yachts

August has been named National Dog Month, National Sandwich Month, and most dubiously, National Brownies at Brunch Month, but aquaphiles know the final month of summer is for kicking back on a boat with a cocktail and a good read.

We scoured this season’s newest releases to feature a mix of novels and non-fiction with ties to the sea, as well as e-books and audiobooks convenient for maritime voyages.

Our picks include murder mysteries on the high seas, true tales of swashbuckling pirates, and histories spanning thousands of years that paint a picture of our seafaring civilization. There’s also a tell-all exposé from a megayacht chef, and a beautiful five-and-a-half-pound coffee table book on the history of the Monaco Yacht Club for the salon of your superyacht.

Here are eight recommendations that let you sit back, relax and enjoy the journey. All aboard!

‘Rip Tide’ By Colleen McKeegan

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This murder mystery, released today, is set in the mid-aughts. Upon returning to their childhood beachfront home on the Jersey Shore, the Devine sisters, now in their 30s, are forced to confront their shared traumatic past when a body washes ashore. The narrative delves into the universal themes of friendship, first love and sisterhood, in all its beauty and brutality, to explore the lengths we’ll go to protect family. Plus, they have a cool family boat. 

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‘Mega Yacht Confidential’ by Bill Odek

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This comical memoir from a Scottish-born haute chef takes him from European villas to New York penthouses to finally, some of the world’s largest yachts. As a former chef on the high seas, Odek lifts the veil on the culinary underbelly of these floating palaces. In this no-holds-barred exposé, he tells of the “clandestine dealings, ethical compromises, and mountains of cocaine” he encountered beneath the glamorous veneer of the superyacht world.

BUY NOW: $9.99

‘Yacht Club de Monaco ‘by Jill Bobrow

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The 75-year-old Monaco Yacht Club has an outsized impact on the most glamorous city in the world. Jill Bobrow, one of the most prolific writers in the superyacht world, tells its story, from its origins during Prince Rainier III’s reign to its growth under his son, HSH Prince Albert II, who has been its president since 1984 (and who wrote the foreword). The ten-year-old Lord Norman Foster-designed building symbolizes the principality’s glamor at the edge of the Port Hercule harbor. But the yacht club has also taken the lead with multiple ocean sustainability efforts, thanks to Prince Albert’s passion for the sea. The book, weighing 5.5 lbs., is filled with beautiful photos. It would make the ideal coffee-table tome for yacht or coastal home. 

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‘A History of the World in 12 Shipwrecks’ By David Gibbins

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‘Enemies of All: The Rise and Fall of the Golden Age of Piracy’ By Richard Blakemore

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‘The Ocean Liner Series’ by Edward Marston

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Load your Kindle with the five-book Ocean Liner series about murder on the high seas. Think Agatha Christie on the ocean. Each mystery sets sail on an early twentieth century iconic vessel as George Porter Dillman, an undercover detective teams up with an unlikely partner, first-class passenger Genevieve Masefield. The unsolved murders begin on the Lusitania ‘s 1907 maiden voyage. That initial success takes the two sleuths to the furthest reaches of the globe aboard the Mauretania, Minnesota, and Caronia while solving murders. The latest installment, Murder on the Marmora , sees the pair set sail for Egypt.

BUY NOW: $7.50 Kindle

‘The Explorers Club’ Edited By Jeff Wilser

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The discovery of the North and South Poles. The summiting of Everest. The moon landing. The Explorers Club was there for it all. From the darkest depths of the ocean to the highest points on Earth and to outer space and beyond, the world’s most prominent explorers, Teddy Roosevelt and Neil Armstrong included, have called the Club home since 1904. This collection of stories describes the death-defying frontiers of exploration with this illustrated guided tour of its members’ most riveting journeys.

BUY NOW: $35.00 $21.50

‘Invisible Iceberg: When Climate and Weather Shaped History’ By Dr. Joel N. Myers

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From the founder and chairman of AccuWeather comes a history of how weather and climate affected events from the beginning of time through modern day. Myers covers the climate shift in 1213 BC that created the conditions for the Ten Plagues of Egypt, the volcano in 44 BC that helped launch the Roman Empire, the storm in 1814 that ended the reign of Napoleon Bonaparte, the two major blizzards that helped create the New York Subway System in 1888, and much, much more.

BUY NOW: $26.99 $21.66

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Body of British Tech Magnate Mike Lynch Is Among Those Recovered From Yacht Wreckage, Officials Say

The Italian coast guard says the body of British tech magnate Mike Lynch is among those recovered off the coast of Sicily from the wreckage of a superyacht whose builders had called unsinkable

Salvatore Cavalli

Salvatore Cavalli

Italian firefighter divers bring ashore in a plastic bag the body of one of the victims of a shipwreck, in Porticello, Sicily, southern Italy, Thursday, Aug. 22, 2024. Divers searching the wreck of the superyacht Bayesian that sank off Sicily on Monday recovered a fifth body on Thursday and continued to search for one more as investigators sought to learn why the vessel sank so quickly. (AP Photo/Salvatore Cavalli)

PORTICELLO, Sicily (AP) — The Italian coast guard said Thursday the body of British tech magnate Mike Lynch is among those recovered off the coast of Sicily from the wreckage of a superyacht whose builders had called unsinkable.

One woman remains missing. She has not been identified, but Hannah Lynch, Lynch's 18-year-old daughter, is reportedly unaccounted for . The family had been celebrating his recent acquittal on fraud charges with the people who defended him at trial in the United States.

Five others were recovered by rescue crews following Monday's tragedy.

The Bayesian, a 56-meter (184-foot) British-flagged yacht, went down in a storm early Monday as it was moored about a kilometer (half a mile) offshore. Civil protection officials said they believe the ship was struck by a tornado over the water, known as a waterspout , and sank quickly.

Termini Imerese Public Prosecutor’s Office investigators were collecting evidence for a criminal investigation, which they opened immediately after the tragedy despite no formal suspects having been publicly identified.

The chief executive of The Italian Sea Group, which owns the Bayesian's manufacturer, told the AP in an interview on Thursday that superyachts like these are “designed to be unsinkable."

“And it is unsinkable not only because it is designed in this way, but also because it is a sailing ship and sailing ships are the safest ever,” CEO Giovanni Costantino said.

Costantino added that “obviously they must not hit the rocks violently, discarding the hull, and they must not take in water,” suggesting the second possibility was the most likely in this case.

Costantino also noted that sailing ships require “a greater competence” to be guided compared with motor boats.

Investigators are now looking at why the Bayesian, built in 2008 by Italian shipyard Perini Navi, sank while a nearby sailboat remained largely unscathed . Fifteen of the 22 people aboard survived by escaping in a lifeboat, including a mother who reported holding her 1-year-old baby over the waves to save her. They were rescued by the sailboat Sir Robert Baden Powell.

The sailboat's captain, Karsten Borner, said his craft sustained minimal damage — the frame of a sun awning broke — even with winds that he estimated had reached 12 on the Beaufort wind scale, the highest hurricane-strength force on the scale.

He said he had remained anchored with his engines running to try to maintain the ship’s position as the forecast storm rolled in.

“Another possibility is to heave anchor before the storm and to run downwind at open sea,” Borner said in a text message. But he said that might not have been possible for the Bayesian, given its 75-meter (246-foot) tall mast.

“If there was a stability problem, caused by the extremely tall mast, it would not have been better at open sea,” he said.

Yachts like the Bayesian are required to have watertight compartments that are specifically designed to prevent a rapid, catastrophic sinking even when some parts fill with water.

Lynch is the only person confirmed dead; the other bodies have not been formally identified by the Italian coast guard.

Besides Hannah Lynch, those missing are Christopher Morvillo, one of Lynch’s U.S. lawyers, and his wife, Neda; Jonathan Bloomer, chairman of Morgan Stanley’s London-based investment banking subsidiary, and his wife, Judy.

The body of chef Recaldo Thomas was the first to be recovered , on Monday. His death was confirmed by his family.

Friends of Thomas, best known as “Rick,” paid tribute to him on Thursday at a favorite bar in the Caribbean Island of Antigua. Cooking for Lynch was supposed to be one of Thomas' last jobs before retiring, his cousin, David Isaac, told the AP.

Divers have struggled to find the bodies in the yacht’s hull on the seabed 50 meters (164 feet) underwater.

“We would need a crystal ball to know when we'll be able to find the next body," said Luca Cari, spokesperson for the fire rescue service.

“It's very difficult to move inside the wreckage. Moving just one meter can take up to 24 hours,” Cari said.

Copyright 2024 The  Associated Press . All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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    Find a used yacht for sale between $1,000,000 and $1,500,000 with United's expert team of yacht brokers. We can help you find the perfect used boat on the market under $1.5 million.

  10. The 2020 New Yacht Buyer's Guide

    The 2020 New Yacht Buyer's Guide. 2019 was an exceptional year for boat sales that was driven by new, award-winning models and a strong economy. Our premium brands brought home several significant accolades in 2019, particularly in the under-60 foot range, including: The 2021 New Yacht Buyer's Guide is now released.

  11. 10 Yachts for Sale Under a Million

    Fountaine Pajot Queensland 55: a stable yacht for sale at less than 1 million. Built on the experience gained with the Cumberland 46, the Queensland 55 has everything you could want in a boat. Indeed, she has a huge salon, which combines dining room, kitchen and navigation room, a deck, a large flybridge, spacious cabins and lighting that ...

  12. Luxury Yachts for Sale / Mega Yachts for Sale

    The IYC Sales Fleet. With a sales fleet valued over $1 billion, IYC has one of the most varied sales portfolios within yachting. You have the option of choosing from different types of boats, such as sailing boats, motorboats, pre-owned vessels, and brand new models from well-known shipyards and designers of varying sizes.In addition, IYC offers a wide selection of custom designs that are ...

  13. Selection of Yachts For Sale

    DETAILED SEARCH. Fraser offers the largest fleet of superyachts for sale over 30m worldwide and thanks to our longstanding relationships with owners and shipyards we have access to thousands more, including those not publicly advertised for sale. Superyachts come in all shapes and sizes, measuring from 20m to over 100m there are motor yachts ...

  14. ≤€1m yachts for sale

    Yachts for Sale for ≤ €1M. SuperYacht Times has compiled the largest fleet of yachts for sale. Our data analysts gather valuable information about every superyacht larger than 24-metres currently for sale. With hundreds of yacht sales and transactions per year, the yachting market is a challenging one, and that's why SuperYacht Times has ...

  15. The 10 coolest yachts on the market for less than €1M

    A rundown of the coolest superyachts on the market for less than €1,000,000.

  16. SAIL Top 10 Best Boats for 2023

    Like her bigger siblings, the Balance 442 is all about smart systems, livable layouts, and sassy sailing. The sail away price is $1.2 million, which still puts her below many of her performance cat competitors. If you're looking for smart living and fast sailing, you may have found it. Tiwal 3R.

  17. Luxury Yachts For Sale

    World's largest portal for luxury yachts for sale and yachts for charter. Browse yachts and superyachts for sale with an extensive list of yacht brokers, v…

  18. €1-2m yachts for sale

    length35m. volume120 GT. 2003. built in. 2003. , Turkey 🇹🇷. built byKose. asking price. SuperYacht Times hosts the ultimate directory of the global yacht fleet and €1-2m yachts for sale.

  19. Used Yachts for Sale Between $900000 and $1000000

    Contact us today at [email protected] or by calling one of our convenient locations. SI Yachts are also Licensed Florida Yacht Brokers. Find a used yacht for sale between $900K and $1 million with the assistance of the SI Yachts expert yacht brokerage team. We can help you find the perfect used boat on the market under $1,000,000.

  20. Yachts for Sale

    For aspiring yacht owners looking for a luxury yacht for sale, we have put together a fine selection of luxury yachts and megayachts for sale from all over the world. Search BOAT International's collection of superyachts for sale and filter by type, length, asking price or age. Narrow the results by selecting specific features, or browse by ...

  21. All Used Yachts for Sale from $500,000 to $1,000,000

    Used Yachts For Sale - $500,000 to $1,000,000. Dive into the lavish world of pre-owned yachts, where a wide selection awaits you in the price range of $500,000 to $1,000,000.Whether you're in the market for a chic and trendy yacht for fabulous parties or a roomy and cozy yacht for family adventures, there's a perfect match for your one-of-a-kind lifestyle.

  22. Buying a Yacht $1 million

    A $90m boat probably has 15 cabins for crew; obviously a $1m boat won't have that. Insurability will entirely depend on their prior boating experience. Most insurers want to see 3 years of experience in boats within 10ft of length and similar horsepower for boats over 30ft in today's market.

  23. €1 Million Euros Yachts for Sale

    Yachts for Sale. Discover the epitome of nautical luxury with our curated collection of yachts, each valued at €1 million Euros, showcasing unparalleled craftsmanship, design, and performance. These vessels, from the world's most esteemed shipyards, are a testament to the pinnacle of yachting excellence, offering an escape into a realm of ...

  24. Orange County man gets prison for $3 million COVID fraud ...

    An Orange County man convicted of defrauding companies who paid more than $3 million for gloves during the COVID pandemic has been sentenced to seven years in prison and ordered to forfeit a yacht ...

  25. Inside the $40 million Bayesian yacht that capsized, leaving 6 dead and

    The yacht's original owner, John Groenewoud, a Dutch real estate developer, reportedly bought the ship for £30 million ($39 million) when it was built. In 2014, he sold the ship with an asking ...

  26. Italian prosecutors open shipwreck and manslaughter ...

    Civil protection officials said they believe the yacht, which featured a distinctive 75-meter (246-feet) aluminum mast, was struck by a tornado over the water, known as a waterspout, and sank quickly.

  27. Eight Books About the Sea For A Summer Yacht Adventure

    The 8 Best Books to Read on Your Summer Yacht Trip An unsolved murder on the Jersey shore, histories of shipwrecks and piracy, whodunnits on storied ocean liners. Here are 8 maritime page-turners.

  28. Body of British Tech Magnate Mike Lynch Is Among Those Recovered From

    The Bayesian, a 56-meter (184-foot) British-flagged yacht, ... including a mother who reported holding her 1-year-old baby over the waves to save her. They were rescued by the sailboat Sir Robert ...

  29. The US is sending $125 million in new military aid to Ukraine

    WASHINGTON (AP) — The Biden administration is sending about $125 million in new military aid to Ukraine, the Defense Department said Friday, even as Washington works to get a better understanding of Kyiv's incursion into Russia and how it advances the broader battlefield goals more than two years into the war.. The latest package of aid includes air defense missiles, munitions for High ...