Superyacht Alfa Nero Back on the Market After Antigua Sale — Price Jumps to US$102 Million

The 267-foot Oceanco superyacht Alfa Nero has resurfaced on the global market, this time with a staggering price tag of €88.5 million (approximately US$102 million). The move comes just over a year after the Government of Antigua and Barbuda sold the vessel for around US$40 million.

The potential markup suggests a paper profit of more than US$50 million before factoring in refit expenses, broker commissions, and carrying costs. Industry watchers say it could prove to be one of the most profitable yacht flips in recent years.

Antigua’s involvement with Alfa Nero began when authorities seized the yacht after it was abandoned in Falmouth Harbour. What initially appeared to be a high-value trophy soon became a financial liability for the country.

Maintaining the 2,150-gross-ton vessel — with its 267-foot length, 14.2-meter beam, and constant need for upkeep — quickly strained government resources.

Officials acknowledged that dockage fees, crew maintenance, and other expenses were overwhelming budgets.

Following a failed public auction in 2023, the government transitioned to a private treaty arrangement, concluding the sale in July 2024 for approximately US$40 million. Court filings later revealed the buyer as Ali Riza Yildirim, head of Turkey’s Yildirim Group.

While the Alfa Nero has re-entered the global yacht market with a price tag of more than $100 million, the vessel remains entangled in ongoing legal disputes.

The legal action stems from a claim by Russian national Yullia Gureyeva, who asserted ownership of the yacht.