Megayacht Java Under The Gavel?

Broward motor yacht Java

Broward motor yacht Java

The Fractional Collection has learned of a unique ownership opportunity available at the Fort Lauderdale International Boat Show taking place from October 29 through November 2 in South Florida. Ever thought about owning a megayacht for sole ownership, chartering purposes or perhaps turning into a fractional ownership enterprise? It’s no secret there are some great deals out there for yachts right now, but one of the best may be the auction offered by The Sacks Group Yachting Professionals (TSGYP).  They have announced that if on the closing day of the show the 121-foot (36.9m) custom Broward Motor Yacht JAVA has not been purchased, she will be sold at auction at 3 pm on Monday, November 2nd. The auction will be held on board the yacht itself, located at The Sacks Group’s display at A-Dock/Dock-1 in the Las Olas Marina.

“This is a rare opportunity for a buyer looking for a reasonably priced, beautifully outfitted and meticulously maintained megayacht,” said Bruce Schattenburg, TSGYP Managing Director/Broker.  “At the recent Monaco Yacht Show, we were surprised at the high prices listed for many of the European brokerage yachts on display. We feel that the best deals right now can be found in the U.S., especially with the dollar still weak versus the Euro. JAVA represents an excellent investment for the right owner.”

Auctioneer Kurt Bosshardt of Bosshardt Luxury Collection added: “JAVA is a well-established luxury charter yacht. As a bonus, she already has at least two charters reserved for the coming season, worth in excess of $150,000, which will go with her to the successful bidder, plus many repeat guests have already expressed an interest in returning this year.”

The auction will be open to pre-registered yacht brokers, whose commission will be protected by the rules of the event, Bosshardt said. “Any broker bringing a buyer to the auction, and acting clearly as a disclosed agent of the bidder, will be guaranteed at least a four percent commission.”

Launched in 1990, JAVA features an elegant contemporary interior that has been updated and refreshed by an extensive refit. She accommodates 10 guests in five staterooms, including a full-beam master suite, two queens and two twins, each with en suite bath. A great entertainer, Java has a formal dining area and an informal Country Kitchen, as well as al fresco dining options. Her spacious sundeck with an eight-person Jacuzzi and her water-sports toys are particularly popular with guests. JAVA is available for charter in the Caribbean this winter starting at U.S. $69,000 per week, plus expenses.

For more information on auction rules and other specifics, please visit The Sacks Group website or phone 964.764.7742.

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Date
October 2nd, 2009

Author
Eric Hiss

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