Purchase & Sale Agreement
Principle Interest is a performance deck saloon fast cruiser from Farr Yacht Design. Built in 2009 by Swedish craftsman at Ericsson Technoyachts, known for their Volvo Ocean race winner also in 2009. The design brief was to create a capable, safe, fast cruising yacht that can be operated by an experienced couple. Principle Interest remains a design that is a viable threat today, with her owner achieving a top speed of 21 kts in 28 kts beam reaching.
AUCTION PROCESS: Auction participants register to bid by clicking the “Register To Bid” button and placing the required bid deposit of $30,000. Bidding will open at $300,000 and the official reserve price is $375,000.
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