USA & Croatia. Most expensive ever eBay sale? Has Abramovitch bought the €140 million superyacht?
Project & Pelorus
Photo: Project & Pelorus
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Wednesday, 08 February 2006
Marian Martin

Fort Lauderdale based 4Yacht Inc. has sold a 405 foot, steel megayacht on eBay. It is believed to be the most expensive item ever sold on the internet auction site. The as yet unbuilt yacht, which 4Yacht billed as a Gigayacht, was put up for auction on November 3. The intention was to coincide with the the 46th Annual Fort.Lauderdale International Boat Show, but that was delayed by Hurricane Wilma. This week the project (above top) was sold for the “Buy now” price of $85,000,000, but 4Yacht Inc has put the finished value at €140 million ($170 million) minimum.

The steel yacht, which has been designed by awarded winning naval architect Frank Mulder, of Dutch company Mulder Design, will be one of the world’s five largest yachts, when it is completed in 2007.

Since the vessel was put up for auction, there has been speculation about both the build yard and who might be a likely buyer. It is known that Roman Abramovitch has been considering the acquisition of a 100 metre plus megayacht, to add to his collection of the Pelorus, the Ecstasea and Le Grand Bleu. This has led to rumours that Abramovitch is the buyer, especially as the project’s distinct resemblance to the Pelorus (above bottom) would be likely to have appealed to the Russian billionaire.

The builder is not named in the yacht’s details, but there is plenty of speculation about that too, with a consensus that Heliyachts, of Pula in Croatia are most likely to undertake the project, with the hull work probably contracted out to a commercial yard and carried out under the supervision of the Brodarski Institute, in Zagreb, one of the world's premier ship building schools.

Asked about selling megayachts via eBay, Craig Timm, President of 4Yacht Inc, said “We run a strong advertising schedule and believe in the power of eBay as an additional marketing tool. We are truly in a global market, and what better way to let our potential customers know about such a unique offering?”

Since this was issued, 4Yachts Inc have stated that they are in talks over the sale of the yacht, but that it is not yet sold. See: Previous story
Last Updated ( Wednesday, 08 February 2006 )
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