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Vintage Superyacht Built in Australia Sold for Twice as Much as It Did a Decade Ago

The 1990 Cloud Atlas was recently sold for twice as much as it did in 2014 10 photos
Photo: Allied Yachting
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The majestic-looking Cloud Atlas could be considered one of the lucky superyachts; it changed hands only a couple of times throughout the decades, and its worth continued to grow instead of decreasing to the point where it was now sold for more than double the sum it had previously fetched ten years ago.
This luxury yacht is more than three decades old, yet you wouldn't know it by looking at it. At 46 meters (150 feet), it's almost big enough to compare to younger superyachts, and it certainly fits the bill in terms of opulent amenities. The market recently confirmed its high-end status through an in-house sale that took Cloud Atlas to a new owner after a decade under the previous ownership.

The Australian yacht was sold for almost $7 million (€6,5 million), more than double what it was asking for the last time it had been on the market, in 2014. After entering the market in 2013, it was sold one year later for around $3 million (€2.9 million). That's when its name changed from the original Ineke IV to Cloud Atlas.

The reason behind this major leap was an extensive refit carried out just three years ago, in 2021. Cloud Atlas was practically rebuilt, with more than 95% of its surface renewed. It didn't just get better but also bigger, following a considerable six-meter (18 feet) extension. With its beefed-up volume adding up to 373 GT, Cloud Atlas was ready to welcome 12 guests in five gorgeous en-suite staterooms and spoil them with luxury amenities such as a big jacuzzi on the sundeck, a spacious beach club, and multiple areas for al-fresco dining.

The refit also involved a complete interior redesign, carried out by G. Pisoni and BBArchYach, in an Armani Deco style with lots of glamorous elements, glossy finishes, and sumptuous fabrics in bold colors. In the end, the old Australian yacht looked nothing like vessels built in the early '90s and was ready to hit the luxury charter market and make waves.

Delivered by the Australian Lloyds Ships shipyard in 1990, Cloud Atlas had the same owner for twenty years before entering the market in 2013. Considering that its new name remained unchanged until now, it's most likely that the most recent owner also held on to it for a decade.

Unlike other yachts with several decades behind them, Cloud Atlas was lucky to have been rebuilt and revamped in line with what is a very competitive market. A beautiful, inviting pleasure craft with all the amenities of contemporary charter yachts, this Australian vessel is not only a great choice for family cruises but also a successful charter option, which seems to make it a good investment.

If the new owner keeps it in good shape and is willing to invest in further refits down the line, the 34-year-old Cloud Atlas could maintain a high market value for decades to come.
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About the author: Otilia Drăgan
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Otilia believes that if it’s eco, green, or groundbreaking, people should know about it (especially if it's got wheels or wings). Working in online media for over five years, she's gained a deeper perspective on how people everywhere can inspire each other.
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