M/Y Cosmo is a 49.4 meter new build Explorer Vessel, constructed in Greece and completed to approximately 40%. Due to problems with the shipyard in Greece, increased construction costs the owner has lost interest in the project and now wished to sell her as is. To date there has been approximately €10,000,000
on spent on the yacht, including various machinery and other items purchased but not yet installed but will be included in the sale price. The owner is looking for €4,000,000 from a party who would like to buy her in her present state.

Designed by Christiano Gatto, M/Y Cosmo 50 meters is a world class luxury explorer, having completed many designs for top builders such as Benetti.

At this stage, there is a great opportunity to purchase a 40% completed vessel at a price which is substantially below the amount already invested in her. The yacht can then be finished according to the present interior designs (luxury) or changed to accommodate individual taste. Once complete the value (sale profit) of the vessel will be very much greater due to the savings made on the purchase price. It is estimated that it will take approximately one year to finish the yacht according to the
present design.

This vessel could be transported to many possible countries to be finished where labour costs are much lower then a significant saving could be made.

This is a once in a "blue moon" opportunity to own an affordable luxury explorer yacht. Contact our office today to learn more.