07/08/2026
We Were Asked to Find a Buyer.
We Designed a personalised Owner’s Solution.
When the Azimut dealer responsible for the sale of a 25-metre Magellano contacted us, the initial question was straightforward: did SeaNet SuperYachts have a client who might want to acquire the yacht?
The yacht had been offered for a conventional 100% sale. Before we started looking for a buyer, however, we wanted to understand why the owner wanted to sell.
He was not dissatisfied with the yacht. His ambitions had simply evolved.
The owner wanted to begin developing a fully custom steel-and-aluminium explorer yacht for extended cruising in Scandinavia and other northern waters. That development and construction process is expected to take approximately two years.
Selling the existing yacht in full would have meant giving it up immediately, long before the explorer was ready. It would also have treated the sale of one yacht and the development of the next as two separate events, while they were in fact part of one ownership journey.
So we designed a phased ownership solution.
An initial 50% participation, consisting of 16.67% and 33.33% ownership interests, was transferred to incoming co-owners. This made part of the capital invested in the yacht available to the owner at the start of his explorer project, while allowing him to continue using a yacht he already knows and enjoys.
At the same time, a pre-agreed pathway was established for the phased sale of his remaining 50% participation over the following two years.
The owner therefore has certainty that he can complete his exit by the end of the transition, without being forced to stop cruising during the development and construction of his next yacht.
Curious to learn more about our ownership solutions? Visit the link in our bio or contact
