SYS Yacht Sales - New and Used Boats and Yachts or Sale

Used Yachts For Sale From $400,000 – $600,000

Listed below are used yachts for sale worldwide from $400,000 – $600,000. Use the search tools to narrow your exploration. SYS Yacht Sales offers a wide range of used yachts for sale, including motor yachts, trawlers, express cruisers, center consoles, sailboats and everything in between. Search top brands like Azimut, Sunseeker, Princess, Sea Ray, Carver, Grand Banks, Ocean, Tiara and much more. Need assistance? Contact our experienced yacht brokers. We look forward to helping you find the yacht that's right for you.

2009 141' 1'' Azimut-43S Batumi, GE

Rodriquez Co-Ownership Ocean Pearl

Ocean pearl.

1982 120' Admiral-37 Marseille, 13, FR

Commercial LCU

2024 114' 10'' Van De Stadt-Van de Stadt 110 Gdansk, PL

Van De Stadt Van de Stadt 110

2000 103' 4'' Custom-Euromarine KETCH 32 Tunisia, TN

Custom Euromarine KETCH 32

1983 103' Broward-103 Raised Pilot House Fort Lauderdale, FL, US

Broward 103 Raised Pilot House

Caribbean soul.

1992 101' 9'' Gulet-31 M. contact Hindeloopen, NL

Gulet 31 M.

2005 100' Custom-Boathouse / Dry Dock Seattle, WA, US

Custom Boathouse / Dry Dock

Eagles nest.

1996 100' Custom-100' Sailing Yacht Marina Del Rey, CA, US

Custom 100' Sailing Yacht

1979 98' 5'' Custom-Tug Roma, IT

Mave Barbara

1987 91' 10'' Azimut-28m 5 cabins - VAT Paid GR

Azimut 28m 5 cabins - VAT Paid

1962 90' Schooner-HARVEY GAMAGE COASTAL Camden, ME, US

Schooner HARVEY GAMAGE COASTAL

1980 90' Huckins-90 Yachtfish Saint Augustine, FL, US

Huckins 90 Yachtfish

1983 88' 3'' Sparkman & Stephens-pilothouse 97 Noosaville, QLD, AU

Sparkman & Stephens pilothouse 97

2005 88' Horizon-18x88 Houseboat Knoxville, TN, US

Horizon 18x88 Houseboat

1996 88' Lazy Days-Beachem Buford, GA, US

Lazy Days Beachem

2001 86' 6'' Fantasy-86X18 Benton, KY, US

Fantasy 86X18

2002 86' McConaghy-Maxi 86 Bridgeport, CT, US

McConaghy Maxi 86

2001 85' Norris Yachts-85x18' Houseboat Knoxville, TN, US

Norris Yachts 85x18' Houseboat

1960 82' Abeking & Rasmussen-A & R 16 KR YAWL ASGARD DE

Abeking & Rasmussen A & R 16 KR YAWL ASGARD

1971 81' 6'' Burger-82 Roma, IT-RM, IT

Burger Flybridge

2005 80' Fantasy-18 x 80 Monticello, KY, US

Fantasy 18 x 80

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8 Pre-Owned Downeast Cruising Yachts For Under $600K

8 Pre-Owned Downeast Cruising Yachts For Under $600K

December 17, 2018 3:18 am

Beginning with the introduction of the Hinckley 36 Picnic Boat in 1994, the market for Downeast yachts has exploded in recent years to become a major segment of the U.S. yachting industry. Dominated by such top-tier manufacturers as Sabre, Hinckley, Grand Banks, MJM and Back Cove, modern Downeast yachts are often built one at a time with the owner working closely with the builder. As anyone with experience shopping the new or used Downeast market will confirm, these dream machines are always priced at the high end of the market compared with other boats their size; indeed, the entry point for many models exceeds $1 million. With that said, the eight Downeast cruisers featured below can often be found on the brokerage market at prices under $600,000 — not cheap by any means but more affordable by far than buying new.

–Ed McKnew, Powerboat Guide

Eastbay 49 SX & HX

Eastbay 49 SX/HX   | 1999–2008

At a Glance: Classic Downeast styling with traditional Grand Banks construction and craftsmanship – the SX model has a fully enclosed salon while the HX model has semi-enclosed helm open to the cockpit. Eastbay 49’s elegant salon is three steps up from the cockpit and features a comfortable L-shaped settee with teak high-low table. Two power Stidd helm chairs swivel to face the salon and a flat-screen TV is mounted in a cabinet. Note the power center windshield panel.

The U-shaped galley is down with Sub Zero refrigeration, Corian counters and lounge seating to starboard with another TV. Forward, the master stateroom has an island berth and head with separate stall shower. The guest stateroom has twin berths with a day head opposite. Built on a Hunt-designed modified deep-V hull, Cat 705hp Cat C12 diesels cruise at 24–26 knots (30+ top). Price Range:  From the low $400s.

new yachts under $600k

Eastbay 45 | 2007–09

At a Glance:   Beautifully crafted Downeast cruiser designed by the Raymond Hunt Group and built by Grand Banks. The standard two stateroom, single head interior has the galley down and a spacious main salon with a U-shaped settee to port surrounding a teak high-low table. An alternate layout with a second head compartment has the galley in the port aft corner of the salon with a convenient pass-thru for food and drinks.

A retractable sunroof is standard and the forward center windshield opens at the push of a button for ventilation. The master stateroom is forward with island berth and ensuite head. The guest cabin with twin berths is just aft on the starboard side. A Stidd helm chair is standard and huge salon windows provide panoramic views of the water. A timeless yacht, the Eastbay 45 SX will cruise at 24 knots with Cat C-9 567hp diesels. Price Range: From the mid $400s.  

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Hinckley 44 EX | 1999–2008

At a Glance: An enlarged version of Hinckley’s iconic 36 Picnic Boat. The heart of the Talaria is her spacious semi-enclosed deckhouse with its plush furnishings and handcrafted teak joinery. Forward is the helm area to starboard and navigator chair to port. Aft of the port chair is a L-shaped settee with varnished teak table on an electric pedestal that drops down to form an additional bunk with cushion.

To starboard is a second L-shaped settee with a small bolster cushion forward. (The settees can be raised on hydraulic rams for access to the engines.) The Talaria was offered with one or two staterooms. Neither layout can be called roomy Hinckley 44 EX craftsmanship is on display throughout. Notable features include aft-facing cockpit seating, wide side decks (but no bow rails), and Hinckley’s JetStick control system. A top-selling boat, Yanmar 420hp diesels matched to Hamilton waterjets cruise at 24 knots.

Price Range:  From the mid $400s.

new yachts under $600k

Back Cove 41 | 2007–15

At a Glance:   One of the best-selling yachts in her class, the Back Cove 41 is a single engine cruiser whose timeless styling, upscale accommodations and efficient operation hit the sweet spot with sophisticated owners. The focus of her balanced interior arrangement is on two comfortable staterooms each with a private head. The centralized galley location serves the open air cockpit as easily as the salon.

A roomy cockpit with corner settees, aft-facing seat and center transom door will appeal to outdoor pursuits, and wide side decks make getting around easy. An electrically operated window in the aft bulkhead combines with a bi-fold glass door to open the main deck to the cockpit. A cockpit hatch provides quick access to the engine room for daily checks. Bow and stern thrusters are standard. A single Volvo 725hp inboard will cruise at 22–24 knots.

Price Range: From just over $500K.

new yachts under $600k

Eastbay 39 SX | 2006–12

At a Glance: The Eastbay 39 SX is an updated version of the popular Eastbay 38, the boat that launched the Eastbay series in 1994. She was available in two configurations: the SX features a fully enclosed salon while the HX model has a semi-enclosed helm deck with no aft bulkhead. (Nearly all Eastbay 39s were SX models.) The accommodations include a spacious salon/helm deck on the main level with a Stidd helm seat and corner L-settee.

Outside views from any seat in the salon are excellent. Ventilation is abundant as well with a windshield center section that opens, sliding side windows and two overhead hatches. Down three steps is a U-shaped dinette to port, galley with Corian counters, and large head with a curved shower enclosure. Forward is a private stateroom with island queen bed. Built on a Hunt-designed deep-V , Yanmar 480hp diesels cruise at 26 knots (about 30 knots top).

Price Range: From the mid $300s.

Sabre 38 Salon Express | 2013–Current

At a Glance:   The Sabre 38 Salon Express is a premium Downeast cruiser with a fully enclosed salon and pod drive propulsion. Hull construction is resin infusion with bi-axial stringers bonded to a foam core to reduce weight. The interior layout—5″ above the cockpit level—allows for an open-plan salon with more living space than one expects in an express yacht this size. A U-shaped settee with fixed table is to port.

To starboard, aft of the Stidd helm seat, is a long cabinet housing an LED television and storage compartments. On the lower level are the master stateroom with island berth and a huge head compartment with separate stall shower. A full-service galley is opposite, within easy reach of the salon and well lit with natural lighting. In the salon the large rear window in the aft bulkhead drops down to open the salon to the outdoors. Twin 300hp Volvo pod drives (with joystick controls) cruise at 24–26 knots.

Price Range:   From about $500K.

new yachts under $600k

Back Cove 37 | 2009–Current

At a Glance:   An economical cruising yacht in the Downeast tradition — rare to find a single-engine boat in this size range. Beautifully appointed galley-up layout is ideal for two couples. Opposite the galley are two Stidd chairs for the helmsman and guest, and aft of the helm is an L-shaped settee with adjustable table and a shorter settee opposite to port.

The Back Cove 37’s enclosed salon is surrounded by large windows, and an overhead hatch provides ventilation. Folding doors completely open up the salon to the cockpit with its built-in seating and centerline transom door. Large windows provide panoramic views of the water and wide side decks make getting around easy and secure. Exceptional finish throughout. A single 480hp Cummins QSB engine delivers a top speed of 24–26 knots. Optional 600hp Cummins reach a top speed of nearly 30 knots.

Price Range:   From the low $400s.

MJM 36z | 2011–15

At a Glance:   A blend of Downeast styling and fuel-sipping economy, the MJM 36z is a lightweight and versatile 36-footer perfect for day cruising and weekend getaways. She’s is large enough to seat three couples in comfort and narrow enough for easy single-handed operation. The all-weather pilothouse has 6’5″ headroom and comfortably seats six — plus another 6 in the cockpit — all on the same level. Hullside doors allow for easy boarding access or to exit when handling docklines.

Below, the U-shaped lounge can seat six to watch television or socialize and have a meal. In the evening it converts to two 7-foot long twin berths. The galley is aft, positioned at the companionway for ventilation, and a Vaccu-Flush toilet and separate stall shower are standard in the head. Cruise in the mid 20s (30+ knots wide open) with twin 260hp Yanmar diesels (with joystick controls).

Price Range:   From the mid $400s.

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Used Yachts For Sale Between $600,000 and $700,000

Finding a used yachts for sale between $600,000 and $700,000 that fits your needs when it comes to number of passengers, horsepower, inside accommodations, and other features on board can be a challenge with so many options available on the market today. There are many types of boats available between $600k and $700k like  center-consoles ,  cruising yachts , and  fishing boats , with many good options across all length ranges Still, there are plenty of opportunities with brands like  Sea Ray ,  Carver ,  Princess ,  Grand Banks ,  Meridian ,  Boston Whaler ,  Viking ,  Hatteras ,  Bertram , and others. Let the team at United Yacht Sales help you find the right vessel that fits your needs under $700k.

Yachts $ 600,000 to $ 700,000

photo of 81' Cheoy Lee Motor Yacht 1998

CHASER - BEING OFFERED ON A 50% PARTNERSHIP BASIS

81' Cheoy Lee Motor Yacht 1998

photo of 65' Hatteras Convertible 1997

Enchantress

65' Hatteras Convertible 1997

photo of 54' Baia AQVA 2009

54' Baia AQVA 2009

photo of 44' Hinckley Talaria 44 2001

44' Hinckley Talaria 44 2001

photo of 42' Chris-Craft Commander 42 2017

42' Chris-Craft Commander 42 2017

photo of 38' Sabre 38 Salon Express 2019

Knot Done Yet

38' Sabre 38 Salon Express 2019

photo of 39' Nor-Tech 390 Sport 2022

39' Nor-Tech 390 Sport 2022

photo of 50' Prestige 500S 2017

50' Prestige 500S 2017

photo of 48' Sabre 48 Salon Express 2013

Alexeanna D II

48' Sabre 48 Salon Express 2013

photo of 46' Fountaine Pajot Saona 47 2018

46' Fountaine Pajot Saona 47 2018

photo of 54' Hatteras 54 Convertible 2006

Screw'N Around

54' Hatteras 54 Convertible 2006

photo of 55' Sea Ray 55 Sundancer 2008

Positive Vibes

55' Sea Ray 55 Sundancer 2008

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new yachts under $600k

$600K price drop on 44m Benetti Vision Checkmate

A $600,000 price drop has been announced on the 44.2-metre Benetti motor yacht Checkmate , listed for sale with Matt Albert of Superyacht Partners .

Built in GRP by Benetti in 2013, the Vision 145 model was designed by Stefano Righini with an interior by François Zuretti. She had a technical refit at CRN in 2021 and an interior remodelling in 2022.

Accommodation is for 12 guests in five well-appointed cabins and there are quarters for a crew of 10. The master suite is forward on the main deck and enjoys a sweeping panoramic view through a semi-circle of windows.

Checkmate stands out from other Benetti Visions with her black hull and white superstructure. She sports a spa pool aft and a small seating area right on the end of the bow with sunpads alongside. Curved seating forwards on the sundeck makes for commanding views.

Twin 1,300hp Caterpillar C32 diesels power the 456GT yacht for sale up to a cruising speed of 14 knots and top speed of 15 knots. Range at 12 knots is 3,500 nautical miles. She is ABS-classed and MCA-compliant and the broker pointed out that she is "one of the few Benetti Visions built to US spec" and that the owner is offering delivery to the US.

Checkmate is now asking $15,900,000.

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Used Yachts for Sale Between $600000 and $700000

If you're looking for a pre-owned yacht for sale between $600k and $700k, SI Yachts has the expertise to assist you in choosing the perfect boat for your requirements. Whether heading offshore to hunt for billfish or cruising the east coast, there are many options available on the yacht brokerage market. This is where the personalized customer service and knowledge our team proves valuable to you as the customer.

Boats for sale under $700,000 online include brands like Boston Whaler , Cabo Yachts , Carver Yachts , Cruisers , Grand Banks , Intrepid , Sea Ray , Tiara Yachts , and more! From New York, to Florida, and beyond, SI Yachts can assist you in the purchase or sale of a boat under $700k. We look forward to earning your business! Contact us today at [email protected] or by calling one of our convenient locations . SI Yachts are also Licensed Florida Yacht Brokers.

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new yachts under $600k

62pershing New Member

I've located a couple of deals on bigger boats built around 2000 with 4 cabins and in my budget but I really do not need a 70-80ft boat. With that being said did any manufacture in the early 2000's make a 60-70ft boat with 4 cabins? Sunseeker, Azimut, Hatteras, etc......

bernd1972

bernd1972 Senior Member

Think about a Vizianello Vz18. They have an excellent use uf interiour space.

Liam

Liam Senior Member

Ferretti 68. Azimut 68 Plus, Princess 20M, and or Sunseeker 74 Manhattan, and the Astondoa 72 GLX Semi customs would be Maiora 20, Sanlorenzo 72, and the Posillipo Technema 70. The Italian semi-custom would be heavier and therefore drink more. Expect 15 liters plus per nm at fast cruise (more like 17). While the above are all below 15. I know the Azimut 68 Plus is at around 13 litres per nm at fast cruise.
Hi Liam, good selection. However, I would recommend not to make fuel consumption the most important aspect. For example the SL72 will give a much better ride especially at lower speeds while the performance in terms of top speed is lower. But then a true ship needs to have the weight of a ship to sit in the water like one. It all boils down to the question of what profile of use the OP has in mind. One strength allways has to be bought with a weakness on other aspects and it´s allways a matter of the right balance for the profile of use. The Astondoa and The SanLorenzo are pretty much the antipodes in this comparison within same high build- and interiour quality.
Thanks for the replies. I would really like to stay below 70ft for insurance purposes. Also, I am in the US and some of these models are not available here currently. Fuel consumption is not a big consideration for me as I have had boats with 1550 man and 1625 mtu. I would also want to have a fly bridge.

gr8trn

gr8trn Senior Member

I think this one has 4 berth rooms, plus a bath tub https://www.**************/yacht/2000-viking-princess-68-sport-cruiser-9193521/ Another: https://www.**************/yacht/2000-ferretti-yachts-68-9136168/
68 Viking Princess looks nice. The 68 Ferretti looks very rough
62pershing said: ↑ 68 Viking Princess looks nice. The 68 Ferretti looks very rough Click to expand...

:)

mapism Senior Member

62pershing said: ↑ Fuel consumption is not a big consideration for me as I have had boats with 1550 man and 1625 mtu. Click to expand...

:D

Yes, I personally like the galley upstairs in the salon. My chef (wife) likes to be able to socialize when preparing meals!!

ZacSc

ZacSc New Member

mapism said: ↑ I'd actually expect anyone with such experience to have indeed some consideration for fuel consumption! Click to expand...

Capt J

Capt J Senior Member

62' Neptunus is a solid choice.

993RSR

993RSR Senior Member

If you are a bit flexible on the 4th cabin... Queenship 64 or 68 with Cats or MAN's. 3 staterooms plus a nice crew area. Above average quality, very nice layout.

SeaEric

SeaEric YF Historian

Pacific Mariner 65's are getting to that price range. The 4th cabin is not ideal, mostly intended for crew or storage - aft of the engine room, access is a hatch under the aft deck settee.
SeaEric said: ↑ Pacific Mariner 65's are getting to that price range. The 4th cabin is not ideal, mostly intended for crew or storage - aft of the engine room, access is a hatch under the aft deck settee. Click to expand...
Capt J said: ↑ If the 4th cabin isn't good enough for guests, why would it be good enough for crew??? Click to expand...

Darlene Hill

Darlene Hill New Member

65'/66' Sunseeker has 4 nice Cabins Plus crew cabin.
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There are 61 new construction homes available under $600kđź› .

🏡  With SO many new developments breaking ground recently, we've taken the liberty of compiling all of the New Construction homes located throughout the South Shore and Cape Cod under $600,000.  Take a peek & see if your dream home is waiting for you or better yet, to be built and customized to fit your needs! 

12 Clover Drive Unit 12, Plymouth, Massachusetts

Redbrook, an A.D. Makepeace community; New- Townhomes on the Green! Ready for delivery fir...

4 Clover Drive Unit 4, Plymouth, Massachusetts

Redbrook, an A.D. Makepeace community; New- Townhomes on the Green! Ready for delivery Spr...

18 Sunflower Way Unit 18, Plymouth, Massachusetts

Redbrook, an A.D. Makepeace community; New- Townhomes on the Green! Ready for delivery Jul...

6 Heartwood, Plymouth, Massachusetts

Introducing Symington Woods at The Pinehills! Our Halyard design is an attached single fam...

433 Great Neck Rd, North, Mashpee, Massachusetts

New Construction! Energy efficient 3 BR 2 Bath sweet ranch with hardwood flooring througho...

36 Grandwood Dr, Sandwich, Massachusetts

NEW CONSTRUCTION !! Move right in to the brand new home in a well established neighborhood...

14 Fox Run Road, Bourne, Massachusetts

*New Construction* Come and view this beautiful 3 bedroom 2 1/2 bath Colonial style home t...

0 Blue Gill Lane, Plymouth, Massachusetts

Surrounded by lush foliage, rolling landscapes and unspoiled walking trails, the 211 acre ...

18 White Clover Trail, Plymouth, Massachusetts

Redbrook, an A.D.Makepeace Community; South Plymouth`s premiere new village UNDER CONSTRUC...

6 Screenhouse Lane Unit Lot 10, Plymouth, Massachusetts

Plymouth's newest neighborhood at Deer Pond presents The Hawthorn, one of the custom desig...

9 Screenhouse Lane Unit Lot 32, Plymouth, Massachusetts

Plymouth's newest neighborhood at Deer Pond presents The Magnolia, one of the custom desig...

23 Stone Gate Drive, Plymouth, Massachusetts

STONE GATE FARMS TO BE BUILT - New development in West Plymouth, flexible floor plan allow...

26 Blue Gill Lane, Plymouth, Massachusetts

14 white clover trail unit 14, plymouth, massachusetts.

Redbrook, an A.D.Makepeace Community; South Plymouth`s premiere new village. Ready for del...

35 White Clover Trail Unit 35, Plymouth, Massachusetts

Redbrook, an A.D.Makepeace Community; South Plymouth`s premiere new village.NEW CONSTRUCTI...

6 Settlers Way, Bourne, Massachusetts

Yay! The last Pilgrim Pines neighborhood lot has started construction with a spring 2019 ...

1 Stone Gate Dr., Plymouth, Massachusetts

WEST PLYMOUTH NEW CONSTRUCTION - STONE GATE FARMS - - This model is the Nobadeer - To be b...

7 Prospect St., Kingston, Massachusetts

NEW Construction in an established cul-de-sac neighborhood, 2200+ sf, 3 bed, 2.5 bath Colo...

8 Screenhouse Lane Unit Lot 27, Plymouth, Massachusetts

Plymouth's newest neighborhood at Deer Pond offers the Magnolia, including upgrades, ready...

10 Screenhouse Lane Unit Lot 11, Plymouth, Massachusetts

Plymouth's newest neighborhood at Deer Pond presents The Spruce, one of the custom designe...

41 Birmingham Unit 353, Plymouth, Massachusetts

Start 2019 off in your new home! Kensington in The Pinehills offers convenient access to ...

5 Screenhouse Lane Unit Lot 33, Plymouth, Massachusetts

Plymouth's newest neighborhood presents The White Pine, one of the custom designed homes b...

36 White Clover, Plymouth, Massachusetts

Redbrook, an A.D.Makepeace Community; South Plymouth`s new village. BRAND NEW AND READY TO...

5 Tracie Ln, Bourne, Massachusetts

Looking for fun in the sun on Cape Cod this summer all while enjoying your own gorgeous NE...

68 Nautical Way, Plymouth, Massachusetts

THIS BEAUTIFUL COLONIAL IS WELL UNDERWAY - OUR IN-HOUSE BUILDER, MICHAEL MULLIGAN'S MOTT...

3 Station St, Kingston, Massachusetts

TO BE BUILT - Brand new construction Colonial that includes 4 BR's, 3 Full baths and attac...

2 Stone Gate Dr., Plymouth, Massachusetts

WEST PLYMOUTH NEW CONSTRUCTION - STONE GATE FARMS - - This model is the Nobadeer 2 - To be...

WEST PLYMOUTH NEW CONSTRUCTION - STONE GATE FARMS - - This model is the Pocomo 1 - To be b...

74 Nautical Way, Plymouth, Massachusetts

Enjoy the ease of a new construction home just minutes from the beach. Currently under co...

45 Birmingham Unit 355, Plymouth, Massachusetts

Kensington in The Pinehills is close to sold out! This Life Tested Chablis style home is ...

11 Blue Gill Lane, Plymouth, Massachusetts

New Construction! A must-see craftsman home to be built on a spacious lot, located on a cu...

78 Nautical Way, Plymouth, Massachusetts

Enjoy the ease of a new construction home just minutes from the beach. To be built, this 4...

44 Birmingham Unit 360, Plymouth, Massachusetts

Popular Chablis style home! New construction, ready for summer 2019. This Pulte Life Tes...

3 Stone Gate Dr., Plymouth, Massachusetts

WEST PLYMOUTH NEW CONSTRUCTION - STONE GATE FARMS - - This model is the Nobadeer 3 - To be...

16 Sunrise Ave, Plymouth, Massachusetts

SUPERB LOCATION - CHILTONVILLE - minutes to BID ( Jordan) Hospital, downtown Plymouth, ...

1438 Old Sandwich Road, Plymouth, Massachusetts

New construction set off historic Old Sandwich Road in Plymouth. Painter is in, cabinets ...

30 Birmingham Unit 367, Plymouth, Massachusetts

Popular Abbeyville style home is a fantastic value at Kensington in The Pinehills! This f...

4 Woody Nook Unit lot 2, Plymouth, Massachusetts

Tour Toll BrothersTradition Home Design, offering the best of separate functional spaces a...

23 Blue Gill Lane, Plymouth, Massachusetts

Welcome to the "Residences at Elbow Pond", a newly 19 lot subdivision located ri...

WEST PLYMOUTH NEW CONSTRUCTION - STONE GATE FARMS - - This model is the Pocomo 2 - To be b...

16 Blue Gill Lane, Plymouth, Massachusetts

Beautiful Colonial in new neighborhood at Camp Massasoit! 150 acres of open space and acce...

203 Farmersville Road, Sandwich, Massachusetts

***TO BE BUILT*** Beautiful 4 bedroom, 2.5 bath colonial with attached 2 car garage situat...

69 Cottage Lane, Mashpee, Massachusetts

The Azalea Cottage captures all the charm and comfort of a new year-round beach-side home....

22 Ridgehill Lane, Bourne, Massachusetts

One of a very few house lots remaining in Sagamore Beach. This beautifully designed home ...

4 Sawgrass Lane, Plymouth, Massachusetts

New cottage style porch design ready for move In! Spacious open first floor living! Master...

128 Watercourse Place, Plymouth, Massachusetts

Welcome home to Watercourse Place in West Plymouth.This beautiful cottage style home has a...

19 Stone Gate Drive, Plymouth, Massachusetts

STONE GATE FARMS UNDER CONSTRUCTION - March Delivery - New development in West Plymouth, T...

14 Blue Gill Lane, Plymouth, Massachusetts

Classic Dutch Colonial in new subdivision! 150 acres of open space and access to Elbow Pon...

275 Cotuit Rd, Mashpee, Massachusetts

Spectacular new Contemporary construction in Masphee. Attention to detail is the hallmark ...

61 Nautical Way, Plymouth, Massachusetts

NEW CONSTRUCTION - Stately Colonial On Spacious Corner Lot With Beautiful Finishes - Crown...

17 Jillian Drive, Bourne, Massachusetts

Ring in the New Year in your new home! This stunning oversized colonial is located on a d...

1 BethPage Lane, Plymouth, Massachusetts

New Construction at The Residences at Waverly Oaks Golf Club. The Waverly Cottages built b...

20 Jillian Dr, Bourne, Massachusetts

Not your typical builder home. Attention to detail throughout. Set high on the hills of Ji...

3 Stone Gate Farms, Plymouth, Massachusetts

WEST PLYMOUTH NEW CONSTRUCTION - STONE GATE FARMS - - This model is the Pocomo 3 - To be b...

36 Snapping Bow Unit Lot 59, Plymouth, Massachusetts

Move in spring 2019 - Toll Brothers Tradition Home Design offers the best of separate func...

5 Cape Cod Ave, Plymouth, Massachusetts

One of three homes to be built next to beautiful ocean beach. Three bedrooms with first f...

9 Cape Cod Ave, Plymouth, Massachusetts

1 of 3 New homes to be built next to beautiful ocean beach. 3 Bedrooms with 1st floor flex...

7 Cape Cod Ave, Plymouth, Massachusetts

1 of 3 New homes to be built next to beautiful ocean beach. 4 Bedrooms with 2 suites. 1st ...

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The U.S. Is Paying $600,000 a Month to Maintain This Seized Russian Superyacht

The government wants to sell the $325 million vessel to end the "excessive" upkeep., rachel cormack.

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Amadea arriving in California in June 2022

It turns out that not everyone wants a multimillion-dollar megayacht.

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The hefty monthly sum includes $360,000 for crew wages, $75,000 for fuel, and $165,000 for maintenance, waste removal, food, and other expenses, according to court papers filed Friday in New York.

“The carrying costs for the Amadea are far from modest, and there is good cause to spare the government and the public from bearing these costs,” the filing states.

Amadea arriving in California in June 2022

It’s not just the monthly payments piling up, either. The U.S. Justice Department said it is paying a $1.7 million annual insurance bill this month. It will also need to fork out $5.6 million to send Amadea into dry dock for repairs in March. (The monthly payments will be suspended during this time.)

The court will first need to determine who owns Amadea before it decides the vessel’s fate. Millemarin Investments is the legal owner on paper, but the U.S. alleges that Kerimov is the beneficial owner and exercises control. To further complicate things, Eduard Khudainatov, the former head of Russian oil producer Rosneft, is claiming that he is the rightful owner. He hasn’t been sanctioned by the U.S. and wants Amadea back.

Lawyers for Khudainatov said that their client would reimburse the U.S. for the cost of maintaining the yacht if it is returned to him. (The country has spent about $20 million on Amadea to date.) The lawyers added that the seizure was “unlawful.”

Rachel Cormack is a digital editor at Robb Report. She cut her teeth writing for HuffPost, Concrete Playground, and several other online publications in Australia, before moving to New York at the…

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Us gov’t looks to unload seized $300m russian superyacht over $600k in monthly upkeep.

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The US government asked a judge for permission to sell a $300 million Russian superyacht seized in 2022 — citing the fact that it’s been costing taxpayers $600,000 a month to maintain.

The hefty monthly tab includes $360,000 in payments to the 348-foot vessel’s crew, plus $75,000 for fuel and $165,000 in other maintenance, like waste removal and food, according to court papers filed by the US in Manhattan on Friday obtained by Bloomberg .

The superyacht, called Amadea, reportedly belongs to Russian billionaire Suleiman Kerimov, an alleged money launderer sanctioned by the US in 2018 as one of several oligarchs who profited from the Kremlin “through corruption and its malign activities around the globe, including the occupation of Crimea,” according to the Justice Department.

Kerimov, 57, is worth $9.1 billion, according to Bloomberg’s calculations, which he built making hefty bets on Russian companies across a variety of industries after the fall of the Soviet Union, the outlet reported.

The super yacht Amadea sails into the San Diego Bay Monday, June 27, 2022, seen from Coronado, Calif.

Amadea was seized at the request of the US government in Fiji in April 2022 , though the costs it has incurred since then shouldn’t have to be paid by the American public while the court considers whether to order forfeiture of the vessel, the government said in its court filing, per Bloomberg.

The $600,000-a-month bill is “far from modest,” the DOJ added.

Authorities are also due to pay Amadea’s $1.7 million annual iinsurance bill this month, according to Bloomberg, and the vessel is scheduled to go into dry dock for repairs in March.

Though the DOJ won’t have to pay monthly maintenance costs when Amadea is in dry dock, it expects to cough up $5.6 million to mend the yacht.

Amadea isn’t the only asset a Justice Department task force has targeted. The group has been seizing yachts, planes and luxury real estate of wealthy Russians who have been sanctioned in connection with the war in Ukraine, Bloomberg reported.

In March, for example, US investigators asked a judge for permission to take over a Southampton  mansion along with two Park Avenue condos and property on Fisher Island in Florida worth a combined $75 million owned by sanctioned Russian businessman Viktor Vekselberg.

A year prior, Vekselberg’s  $90 million, 255-foot superyacht , Tango, was seized in Spain at the request of the US government. 

The US has hoped that by seizing the property of wealthy Russian leaders, it will punish them for backing the war and influence their future behavior.

Should Amadea be allowed to go to sale, the court’s next hurdle is figureing out who actually owns the luxury yacht, according to Bloomberg.

Russian billionaire Suleiman Kerimov

Though the US says Kerimov is the owner, the American government has also accused him of violating sanctions by making payments that went to US companies or passed through the US financial system, Bloomberg reported.

Eduard Khudainatov, the ex-CEO of Russian state-owned oil producer Rosneft, has also claimed that he’s the actual owner of Amadea.

Khudainatov has been considered Vladimir Putin’s right-hand man, and was thrust into the limelight in May 2022, when US authorities identified him as the proxy owner of two seized superyachts: Amadea and the 459-foot Scheherazade, the $700 million luxury boat impounded by Italy.

Khudainatov, however, hasn’t been sanctioned by the US.

Amadea ship

Lawyers for the obscure oligarch said in a statement that Khudainatov would reimburse the US for the cost of maintaining Amadea — which already totals about $20 million — if it is returned to him, according to Bloomberg.

The lawyers called the seizure “unlawful.”

While the US rejects Khudainatov’s claim, it says that he should pay for the maintenance until a decision is made about the vessel’s forfeiture, Bloomberg reported.

As long as Khudainatov isn’t paying, the government says it’s entitled to sell the boat.

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The super yacht Amadea sails into the San Diego Bay Monday, June 27, 2022, seen from Coronado, Calif.

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