By Richard Chew
Palma.—AMajorcan superyacht is set to be snapped up for a fraction of its original cost as it goes under the digital hammer in what is believed to be the first online auction of its kind.
Kestrel, a stunning 30-metre luxury sailing yacht launched in 2012, costs between €8-10 million to build - but has a reserve price of under €2 million. The yachting world is watching the bidding with interest as some experts are predicting that plenty of interest in sale could spark more online auctions of superyachts. Berthed in Port Adriano marina, it was conceived by legendary yacht designer Ron Holland and can accommodate up to ten guests for international sailing trips in high-class comfort.
MAJORCAN SUPERYACHT SET FOR A WAVE OF BIDDERS IN ONLINE ‘FIRST’
Beautiful sailing yacht for sale in Majorca.