PHOENIX 2 is ‘THE best value 90m Lurssen – ever’

As the 90.1m (295.5ft) Lurssen PHOENIX 2 nears the end of a six-month refit at MB92 in Barcelona, Rupert Nelson outlines why there’s never been quite such a compelling proposition on the large yacht market.

How extensive has the winter refit been?

It’s been incredibly thorough. It’s included new antifoul, new hull paint up to the upper deck, main engine servicing by MTU, stabiliser servicing by Quantum, servicing of the Brunvoll bow thruster and Schottel stern thruster, HVAC servicing, the list is huge and includes her Lloyd’s intermediate class survey. 

The seller has decided to invest several million euros in ensuring she remains in pristine operational and cosmetic condition for her next owner. She will be like new.

What makes PHOENIX 2 stand out in today’s market?

What doesn’t make her stand out? This is a 90m Lurssen designed inside and out by Winch. Those are two of the biggest names in this industry so of course she’s outstanding. What I don’t think is widely understood is the fact that, at EUR 124,950,000 (EU VAT paid), she offers unbelievably good value.

If you analyse this market, as I have every day for the last 35 years, and you look at the prices yachts are selling for in the 85m-plus market, that is quite exceptional value. I’d go so far as to say that PHOENIX 2 is THE best value 90m Lurssen on the market – ever. It’s as simple as that. 

Replacement cost I’d estimate at EUR 225-250,000,000, so getting on for double what she’s asking. If you look at comparable yachts on the market today, many of them are north of EUR 200,000,000. This is a pretty much as-new, commercially compliant 90m Lurssen that’s clearly been cherished, about to relaunch after a multi-million euro refit, and her only obligation after that is a six-week multiple-repeat charter that will net her owner a substantial sum. 

What are the next steps for clients interested in PHOENIX 2?

She is scheduled to relaunch in mid-May following sea trials and class annuals. After that, the charter aside, she is available to go cruising right away. The seller is keen to move on to their next project so if the right offer comes in, they will be ready to negotiate an acceptable closing price and PHOENIX 2 will have a new owner.

We’re hoping she’ll be in Monaco for the Grand Prix weekend (25-27 May) so that would be a great time to get on board. I’ve got a full list of her winter works available if interested clients want to know their full extent. If you want to get on board – and you really must to appreciate what an amazing deal she actually is – please get in touch and I’ll be happy to help you in any way I can.