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For Sale: Saddams yacht. Steal at $35 million -It'd cost more than $146 million to build one like it

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NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-17-08 12:02 PM
Original message
For Sale: Saddams yacht. Steal at $35 million -It'd cost more than $146 million to build one like it
http://www.burgessyachts.com/SaleAndPurchase/YachtSpecs.asp?thisID=4100&YachtType=Motor&YachtName=OCEANBREEZE?nid=41824




http://www.iht.com/articles/ap/2008/02/15/europe/EU-GEN-France-Saddams-Sea-Palace.php

Ownership dispute clouds sale of luxury yacht built by Saddam, fitted for war

The Associated Press Published: February 15, 2008

PARIS: PARIS (AP) — A palatial pleasure yacht fitted with swimming pools, salons and, should the winds of war blow, a secret passage and a rocket launching system is up for sale — unless Iraq can prove the vessel built for Saddam Hussein still belongs to the toppled dictator's entourage.

The 82-meter (269-foot) sea palace, docked at Nice on the French Riviera, was seized by French authorities Jan. 31 ahead of a court hearing likely to be held in March to determine who owns the vessel, originally built for Saddam when he ruled Iraq.

The government in Baghdad suspects the yacht is still Iraqi. But the posh yacht brokerage firm Nigel Burgess says that other owners, whom it will not name, have asked it to sell the vessel.

The company offers a brief photo tour of the vessel on its Internet site. The decor is sumptuous. The sale price is officially unannounced but reportedly set at €24 million (US$35 million). snip

The market for superyachts "has gone absolutely crazy" over the last 15 years, said Draper, the expert, and "really accelerated" in the Middle East.

Still, the Gulf region "is a very aggressive environment for a boat" so costly refitting might be needed. But it's a bargain nevertheless. Building the vessel today from scratch could cost upward of €100 million ($146 million), Draper said.

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leftofthedial Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-17-08 12:03 PM
Response to Original message
1. It's MINE!!!
Just as soon as I get my stimulus check.
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helderheid Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-17-08 12:04 PM
Response to Reply #1
2. !!!!!!
:rofl:
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NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-17-08 12:07 PM
Response to Original message
3. Here is the sticker with options
Length 82.0m (269.0ft)
Beam 13.0m (42.7ft)
Draft 3.6m (11.8ft)
GRT 2282 tonnes
Built 1981, Helsingoer Vaerft, Denmark
Type Twin screw diesel yacht
Class Lloyds +100A1 Yacht + LMC
Construction Steel hull
Steel superstructure

Engines 2 x 3000hp MTU
Cruising Speed 18 knots
Range 7000 nm
Guests 28 (1 master, 9 double, 4 twin)
Crew 35
Exterior Designers Helsingoer Vaerft
Interior Designers Helsingoer Vaerft
Asking Price Price on application
Lying West Mediterranean
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hisownpetard Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-17-08 12:17 PM
Response to Original message
4. I am so torn. I keep going back and forth in my mind:
The yacht? Or the heating bill?
Yacht? Heat.
Yacht? Heat.

Aw, hell - if I get the yacht, I can go somewhere where I don't have to worry about the heat!

Sometimes it's embarrassing, how long it takes me to come to a logical conclusion.
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