{"id":305842,"date":"2023-04-10T13:49:18","date_gmt":"2023-04-10T13:49:18","guid":{"rendered":"https:\/\/luxurylaunches.com\/?p=305842"},"modified":"2023-04-10T13:49:18","modified_gmt":"2023-04-10T13:49:18","slug":"sarafsa-yacht-sold-by-credit-suisse","status":"publish","type":"post","link":"https:\/\/luxurylaunches.com\/transport\/sarafsa-yacht-sold-by-credit-suisse.php","title":{"rendered":"After seizing it last year, Credit Suisse has finally sold Saudi Prince Fahad Bin Sultan’s seized $65 million superyacht"},"content":{"rendered":"


\nPrince Fahad Bin Sultan of Saudi Arabia<\/a> locked horns with a Swiss bank, Credit Suisse Group AG, in January 2022, over unpaid $78 million in interest and loans<\/a>. The tussle resulted in 270\u2013feet lavish motor yacht Sarafsa worth roughly $65 million, being seized. The abandoned boat has been moored in Monaco<\/a> for the longest time, and its sale handled by Burgess Yacht<\/a> has finally come through. Stunning Sarafsa<\/a> has now moved to the port of Valletta, Malta, where she arrived on Apr 1st with a new name, Pure yacht.
\n
\n\"\"
\nThe vessel won’t just be getting a new name, but as per Esysman Superyachts<\/a>, the owner is keen on a complete overhaul granting Pure motoryacht the purest, newest form. Sarafsa was a 16-year-old ship built in 2008 by Devonport Yachts for a staggering $65 million. Several years later, Prince Fahad Bin Sultan demanded the same price for its sale. Finally, the 269-foot luxury vessel motor yacht was listed for sale with Rupert Nelson and Matt Pinckney at Burgess for a significant price reduction of $10,000,000.<\/p>\n

\"\"
The main saloon<\/figcaption><\/figure>
\nSarafsa, now renamed Pure, will don a new avatar with avant-garde features. It is indeed pleasing to watch a gorgeous motoryacht like Sarafsa getting the treatment it deserves after hosting royals onboard. The six-decker pleasure craft accommodated 14 guests in seven en suite cabins and was serviced by a crew of 23. Sarafsa’s amenities included a cinema, a winter garden dining area, fully-equipped spa with a swimming pool and helipad. <\/p>\n

\"\"<\/a>
The owners lounge. Image – Burgess<\/figcaption><\/figure>
\nThe major refit will witness big interior and exterior changes, but her elegance will forever remain unchanged. JMS Yachting will manage the project.<\/p>\n","protected":false},"excerpt":{"rendered":"

Prince Fahad Bin Sultan of Saudi Arabia locked horns with a Swiss bank, Credit Suisse Group AG, in…<\/p>\n","protected":false},"author":41,"featured_media":305846,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[1550,2237],"yoast_head":"\nAfter seizing it last year, Credit Suisse has finally sold Saudi Prince Fahad Bin Sultan's seized $65 million superyacht - Luxurylaunches<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/luxurylaunches.com\/transport\/sarafsa-yacht-sold-by-credit-suisse.php\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"After seizing it last year, Credit Suisse has finally sold Saudi Prince Fahad Bin Sultan's seized $65 million superyacht - Luxurylaunches\" \/>\n<meta property=\"og:url\" content=\"https:\/\/luxurylaunches.com\/transport\/sarafsa-yacht-sold-by-credit-suisse.php\" \/>\n<meta property=\"og:site_name\" content=\"Luxurylaunches\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/luxurylaunches\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-10T13:49:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/luxurylaunches.com\/wp-content\/uploads\/2023\/04\/superyacht-sarafsa.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Neha Tandon Sharma\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@luxurylaunches\" \/>\n<meta name=\"twitter:site\" content=\"@luxurylaunches\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/luxurylaunches.com\/transport\/sarafsa-yacht-sold-by-credit-suisse.php#article\",\"isPartOf\":{\"@id\":\"https:\/\/luxurylaunches.com\/transport\/sarafsa-yacht-sold-by-credit-suisse.php\"},\"author\":{\"name\":\"Neha Tandon Sharma\",\"@id\":\"https:\/\/luxurylaunches.com\/#\/schema\/person\/eb4d158d28161fe0fb10eb7773b24295\"},\"headline\":\"After seizing it last year, Credit Suisse has finally sold Saudi Prince Fahad Bin Sultan’s seized $65 million superyacht\",\"datePublished\":\"2023-04-10T13:49:18+00:00\",\"dateModified\":\"2023-04-10T13:49:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/luxurylaunches.com\/transport\/sarafsa-yacht-sold-by-credit-suisse.php\"},\"wordCount\":300,\"publisher\":{\"@id\":\"https:\/\/luxurylaunches.com\/#organization\"},\"keywords\":[\"Monaco\",\"Superyacht\"],\"articleSection\":[\"Transport\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/luxurylaunches.com\/transport\/sarafsa-yacht-sold-by-credit-suisse.php\",\"url\":\"https:\/\/luxurylaunches.com\/transport\/sarafsa-yacht-sold-by-credit-suisse.php\",\"name\":\"After seizing it last year, Credit Suisse has finally sold Saudi Prince Fahad Bin Sultan's seized $65 million superyacht - 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