AK 1 is a 2007 Sunseeker Predator 62 that has been very well
maintained and presents itself in very good overall condition. The
yacht, is commercially registered in Malta, carrying the Malta flag, VAT
not paid. Should VAT apply upon the sale of the yacht, the buyers
could opt to set up a company in Malta and purchase the yacht under
the said Company. The company could lease the yacht to the
shareholder over an allowable period of 25 years, thus spreading the
VAT payable over the same period and paying around 1% VAT per
annum throughout the duration of the lease. Depending on the
service providers, the annual maintenance cost of the company is
around EUR5,000. The other option is to take advantage of the Malta
VAT rate being 18% and paying outrightly the VAT in Malta.
Alternatively, being a commercial yacht, if you decide to retain the
yacht for a charter operation, the yacht could be sold and retained as
VAT not paid.
With respect to the overall condition of AK1, the yacht’s interior was
upgraded by the previous owner to a more modern look as can be
evidenced from the pictures in this brochure. All exterior cushions were
changed as well. The present owners did not spare any expenditure to
maintain the yacht to the highest standards; service and maintenance
invoices are available and can be shared. Detailed walk-through videos
can be shared upon request.
