As PHOENIX 2 nears the end of a six-month refit at MB92 in Barcelona, Senior Partner, Director and Senior Sales Broker Rupert Nelson outlines why the market has never been quite such a compelling proposition

As Joint Central Agent for the sale of the 70.6m steel explorer yacht FORCE BLUE, we are very pleased to announce an asking price reduction. From EUR 29,500,000, FORCE BLUE is now asking EUR 24,800,000 with EU VAT paid

The owner has instructed a significant EUR 5,250,000 price reduction on the immaculate, award-winning 63m Benetti ARTISAN. The yacht is now asking EUR 59,750,000

The seller has instructed a USD 900,000 price reduction for the 44.6m Royal Hakvoort yacht BIG EASY. The yacht is now asking USD 14,500,000 (US duty paid)

As the owner’s chosen Central Agent, we have been instructed to announce a significant EUR 750,000 price reduction on the 40m AD LIB. The yacht is now asking EUR 8,750,000

The owner of the 52m Feadship ICE BEAR has instructed us, as Central Agent for sale, to effect a USD 1,550,000 price reduction. The yacht is now asking USD 9,950,000

We have been appointed Joint Central Agent for the sale of the 44.6m BIG EASY, with an asking price of USD 15,400,000

As Central Agent for the yacht's sale, the seller has instructed us to announce a significant EUR 1,700,000 price reduction. The 49.9m Mangusta 165 ROYALE X now has an asking price of EUR 12,800,000

The 39.6m CRAZY has just received a second EUR 1,000,000 price reduction to attract her next owner and is now asking EUR 6,900,000 with EU VAT paid

Eager to attract the right offer and see the yacht sold, the owner has instructed a EUR 3,000,000 price reduction. SANAM yacht is now asking EUR 26,900,000 with VAT paid

As the owner’s Central Agent for sale, we have been instructed to reduce the asking price of the 28.6m Wally Yachts GALMA. She is now asking EUR 2,900,000 with VAT and Spanish matriculation tax paid

The owner of the 52m Feadship ICE BEAR has instructed us, as Central Agent for sale, to effect a USD 495,000 price reduction. The yacht is now asking USD 11,500,000