An Interesting Move

The owner of the 145-foot Benetti Checkmate drops his asking price by $4 million.

Benetti yacht Checkmate
Benetti yacht Checkmate
Note the large hull ports, which allow for better views.

Northrop & Johnson says the owner of the 145-foot Benetti Checkmate has dropped the yacht's asking price from $24.5 million to $20.5 million on the brokerage market.

Checkmate is marketed as a 2013 build, although she entered the charter market in mid-2012 as part of the Northrop and Johnson fleet. Her key features include a main-deck master suite with 180-degree views, zero-speed stabilizers and VSAT-supported Internet service.

Checkmate is noteworthy for being the first in the Benetti series to have large hull ports for better guests views along with a larger and redesigned sky lounge layout.

Ten to 12 guests are accommodated in a total of five staterooms. The interior décor features cherry and burr madrone woods along with Indian marble.

Checkmate has been marketed for charter since 2012 at a weekly base rate of $200,000. Since early 2013, the owner has offered (off and on) discounts as deep as $50,000 to entice bookings. The charter management division at Northrop and Johnson can provide the yacht's charter-income history as an incentive for anyone interested in buying the yacht.