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This Real Estate Mogul Is Selling His 260-Foot Superyacht for $71 Million—Because It’s Not Big Enough

The art deco masterpiece is is jam-packed with one-of-a-kind art, five-star amenities and bars aplenty., rachel cormack.

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Nick Candy may have built his fortune peddling mansions to the well-heeled, but now he’s diving headfirst into the marine game. The British real estate mogul is selling his very own luxury superyacht for a cool $71 million.

The custom 260-footer, known as 11.11 , was designed and built by Benetti and first hit the seas in 2015. The entrepreneur poured millions of dollars into the vessel to ensure it was finished to his standards. The end result is a superyacht jam-packed with blue-chip artwork, five-star amenities and bars aplenty. Think of it as one of Candy’s mansions at sea.

The upscale interior, which was envisioned by Candy’s namesake firm , features bespoke chandeliers, flashes of silver leaf, the finest Italian marble and statement mirrors that give a decidedly Art Deco aesthetic. Of course, it’s also been styled to perfection, and the space is adorned with works by contemporary artists. There’s a bespoke neon piece that reads “Move Me” by Tracey Emin, a “Butterfly Wall” by Dominic Harris, a light box installation by Hans Kotter and various photographs by Helmut Newton.

The spacious vessel can accommodate up to 14 guests across six cabins and features an indoor and outdoor bar on every single level. The generous master suite is situated on the upper deck and affords incredible views, a walk-in wardrobe, and a private sundeck with a jet pool and sunbathing area. The guest accommodation, meanwhile, consists of a full-beam VIP suite located on the main deck, plus two double cabins and two convertible twins that are found on the lower deck. There is also space for up to 16 crew.

Elsewhere, seafarers can enjoy a sky lounge, which is positioned on the upper deck and features a custom cocktail bar, an elegant main saloon with a backlit onyx dining table, a 14-seat al fresco dining area, as well as several sundecks and terraces.

The bespoke neon piece by artist Tracey Emin.  Jeff Brown

When it comes time for a little R&R, guests can make use of the gym, steam room, massage room, spa and the inviting jacuzzi. On top of that, 11.11 has a full arsenal of water toys, a custom 26-foot Benetti Limo tender and a 20-foot Novurania RIB. There’s also a helipad located on the bow, for the weekend jaunt into the city.

As you might expect from a Benetti, the performance is no slouch either. The speedster is fitted with twin 3512-C Caterpillar engines, which give a top speed of 17 knots and a range of 5,000 nautical miles at cruising speed. That gives you the ability to travel just about anywhere you like and is arguably 11.11 ’s biggest drawcard.

“It’s a level of luxury that, until you’ve experienced it, is very difficult to comprehend,” Candy told Bloomberg . “You can have dinner in one place and wake up in another.”

So, why is Candy trying to flip the vessel? The 47-year-old told Bloomberg he’s ready for an upgrade. “I want to build a bigger yacht,” he told the publication. “It’s like anything in life. Sometimes you want to have a change. Later in life, people contract their lives; at this age, I’m still expanding.”

Furthermore, Candy is capitalizing on the proclivity for marine travel during the pandemic. Yachts have become increasingly popular of late as they allow travelers to get about in a socially distanced fashion. Indeed, this month alone, 16 superyachts spanning more than 100-feet each were sold, according to SuperYacht Times.

This is the first time 11.11 has hit the market since her launch and she’s expected to draw a lot of attention. The vessel is listed for sale with Y.CO for the sum of $71 Million (€59.5 million).

Check out more photos of the vessel below:

Rachel Cormack is a digital editor at Robb Report. She cut her teeth writing for HuffPost, Concrete Playground, and several other online publications in Australia, before moving to New York at the…

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Nick Candy is selling his £54m superyacht while he builds a better one

If you’re in the market for a new superyacht , Nick Candy’s whopping number might be just what you’re looking for.

The billionaire property tycoon has announced that his lavish superyacht, named 11.11, is now on the market for 59,500,000 Euros (£53,758,547.50) but you better be quick.

The 63-metre long vessel was built in 2015 by the prestigious Italian yacht builder Benetti and scooped a World Superyacht Award in 2016. Candy expects it to be snapped up quickly after demand for high-spec yachts surged during the pandemic, with the super-rich looking for ways to travel in the most Covid-safe way.

Candy said in a statement,'I've been approached over the last few years to sell it – often by charter guests who after spending one or two weeks on board want to buy it – but I've always said no.

'I'm currently nine months down the line with designs for a new and bigger yacht, so now feels like a good time to sell, especially as there is increasing demand for superyachts which are viewed as a safer alternative to shore-based travel due to their natural isolation and self-sufficiency.'

The new owner will find stunning Art Deco-style interiors inside, designed to be brief by Candy and his wife, former actress and singer, Holly Valance. There’s plenty of space for large groups of friends and family. The VIP suite has its own separate lounge and marble bathroom, while the master suite comes with its own private deck, 180-degree views and jet pool. There’s also a nursery and four further guest cabins.

Days can be spent soaking up the rays from the split-level sundeck, with its large Jacuzzi pool and bar. There’s also an on-board spa with a treatment room and steam room, helipad for ferrying guests, a trampoline and a climbing wall, plus heaps of water toys to keep you busy.

Candy said: 'We have made some amazing memories on board over the past five years. The service level on board 11.11 is like no five-star hotel on the planet.

'The crew have taken service, food, hospitality, and maintenance of a superyacht to a whole new level but it's time to move on and build something new that works for our family and lifestyle in the future.

'I have always had a passion for yachts and get huge enjoyment from the project side of building and designing a boat – it is not dissimilar to building a house or an apartment building.'

11.11 is available to buy through Y.CO

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Real-estate tycoon Nick Candy is selling his $71 million superyacht to upgrade to a bigger one — see inside

• Real-estate mogul Nick Candy's superyacht, 11.11, has hit the market for $71 million. 
• The 207-foot yacht sports room for 14 guests, several bars, multiple dining areas, a spa, and a pool.
• Candy is looking to upgrade to a larger boat, he told Bloomberg. 
• The selling dealer, Y.CO, also has the yacht listed for charter for roughly $770,000 per week. 
• Visit Business Insider's homepage for more stories .

Nick Candy, a British real-estate mogul, is parting ways with his 207-foot superyacht, but it's not because he needs the money or because he's moved on to other hobbies. It's because the ship is simply too small. 

Candy, who's selling his yacht 11.11 for $71 million through yacht company Y.CO, is looking to upgrade to something a bit more spacious, he told Bloomberg recently.

"I want to build a bigger yacht," Candy said. "Later in life, people contract their lives; at this age, I'm still expanding."

Apparently, six bedrooms, multiple decks, pool areas, a nursery, a full-blown spa, and several bars isn't quite enough for the businessman. But Candy's extremely high standards aren't terribly surprising, given that he made his fortune selling some of the priciest and most extravagant real estate imaginable. 

Take a closer look at 11.11 and all of its amenities below.

Nick Candy — a British real-estate mogul who made a fortune on ultra-luxury homes — is selling his gargantuan superyacht for $71 million.

Although the 207-foot yacht is extravagant by most people's standards, Candy is looking to upgrade to something a bit larger, he told Bloomberg.

"I want to build a bigger yacht," Candy told the outlet. "It's like anything in life. Sometimes you want to have a change."

Source: Bloomberg

That may be true, but the superyacht still has plenty going for it. That is, if you're into this sort of thing.

For example, Candy made sure to outfit his yacht with both an indoor bar and an outdoor bar on every level, as well as room for 1,000 bottles of wine.

Its art-deco interior, which was designed by Candy's firm, features gobs of polished stainless steel, mirrors, and Italian marble.

Plus, 11.11 accommodates up to 14 guests in six cabins.

The master suite offers a walk-in dressing room, 180-degree views ...

... and a palatial bathroom.

It opens up onto a private deck with a lounge area ...

... and a jet pool.

The yacht also has numerous other decks ...

... and indoor lounge areas.

The sun deck sports a mosaic-decorated jacuzzi and an Italian-stone bar.

Plus, there's an outdoor dining space for 14 ...

... and an indoor one.

The superyacht also offers up a steam room, massage room, gym, and a helipad for good measure.

It also comes with its own matching tender built by Benetti, the company behind 11.11.

Those who can't quite swing the $71 million asking price may still have a shot at taking 11.11 out for a spin.

The selling dealer, Y.CO, is also renting out the yacht for $770,000 per week.

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Holly Valance’s billionaire husband buys her $53m yacht despite her getting seasick

BILLIONAIRE Nick Candy spoiled his Aussie wife, Holly Valance, with an extravagant gift. But she needed the help of a TV hypnotist to use it.

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THE billionaire husband of actress Holly Valance bought her a £26 million ($53 million) yacht — even though she got seasick.

The Sun reports tycoon Nick Candy had to call on TV hypnotist Paul McKenna, 52, to stop her throwing up on the Benetti vessel. And it has now emerged that she “hasn’t had a dose since”.

Aussie Holly, 32 — mum of two-year-old Luka — was “heavily involved” in redesigning “11.11” to make it childproof, 43-year-old Nick told Boat International magazine .

The ex- Neighbours and Strictly star also helped choose the decor including expensive artwork by Tracey Emin, 52.

“There were no bars and the sundeck was all wrong — everything was too small, the jacuzzi, the seating. Inside it was like a Russian tsar’s palace,” British property mogul Nick said of the yacht’s revamp.

“It’s not my family’s style. Functionality and comfort are the most important things. My wife told me, ‘I’m not sitting on another sofa that’s uncomfortable’.”

Nick and Holly have sailed to Monaco and St Tropez in France on the Benetti and to Capri in Italy where Simon Cowell — a pal of McKenna — was a guest on board.

This story originally appeared in The Sun .

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EXCLUSIVE: Yours for a cool £54m! Tycoon Nick Candy is selling his 63-metre superyacht complete with Jacuzzi, art-deco style interior and helipad - as billionaire and wife Holly build an even bigger one

• British billionaire businessman Candy, 47, put his stunning vessel on the market having owned it for five years
• He bought '11.11' named after his daughter's birthday in 2015 and promptly gave it an art-deco style makeover  
• Ship includes master bedroom with 180 degree sea views, Italian marble interiors and bespoke chandeliers 
• Candy said he had many happy family memories on board, but that he now feels like 'the time is right to sell' 
• He expects it to be snapped up quickly due to demand surge from mega-rich buyers during coronavirus crisis
• Candy said he and his ex-soap actress wife Holly are nine months in to a four-year project to build a new boat

By Paul Thompson for MailOnline

Published: 11:15 EDT, 19 August 2020 | Updated: 11:22 EDT, 19 August 2020

View comments

Billionaire property tycoon Nick Candy is selling his magnificent superyacht - because he is getting an even bigger one. 

Prospective buyers of the sleek 63metre-long vessel called 11.11 will need deep pockets as she is on the market for an eye-watering 59,500,000 Euros (£53,758,547.50). 

But Candy expects the yacht to be snapped up quickly thanks to a surge in demand from mega-rich buyers wanting to ride out the coronavirus pandemic on the ocean waves. 

The 47-year-old businessman who has two daughters aged six and two with wife Holly, said he had turned down previous offers for the yacht, but was now selling up as he was having a 'new and bigger' one built for his family. 

Billionaire property tycoon Nick Candy is selling his magnificent superyacht - because he is getting an even bigger one

Prospective buyers of the sleek 63metre-long vessel called 11.11 will need deep pockets as she is on the market for an eye-watering 59,500,000 Euros (£53,758,547.50)

The 47-year-old businessman said he had turned down previous offers for the yacht, but was now selling up as he was having a 'new and bigger' one built for his family

The businessman told MailOnline the ship holds many happy memories for him and his family, but now is a good time to sell 

Candy completely refurbished the boat after buying in 2015 to remove some of the wood interior and make it more to his taste

Candy and his former pop star wife Holly (above) are nine months in to a four-year project of working on a new boat together. The couple who married in 2012 after meeting in 2009 enjoyed regular holidays on the yacht

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He said: 'I've been approached over the last few years to sell it – often by charter guests who after spending one or two weeks on board want to buy it – but I've always said no. 

'I'm currently nine months down the line with designs for a new and bigger yacht, so now feels like a good time to sell, especially as there is increasing demand for superyachts which are viewed as a safer alternative to shore-based travel due to their natural isolation and self-sufficiency.'

The award-winning yacht offers the last word in nautical luxury with an art-deco style interior, featuring fittings of Italian marble, bespoke chandeliers and polished stainless steel. 

She can accommodate 12 guests in six sumptuous state cabin rooms while powering them through the waves at a top speed of 16.5 knots (19mph).

The master suite enjoys 180-degree views from six huge portrait windows flooding it with natural light, and has its own private sunbathing area and jet pool, as well as a walk-in dressing and powder room, and nursery. 

The sophisticated Benetti yacht is named 11.11 after the date of birth of Candy's elder daughter Luka who was born on November 11, 2013. 

She has 16 crew who provide guests with a level of service described by Candy as being 'like no five-star hotel on the planet'. 

The 1,181 tonne vessel is fully equipped for entertaining with an informal sky lounge featuring a custom cocktail bar. 

The lounge opens up to a deck space with a backlit dining table for up to 14 guests and an outdoor bar crafted from natural Italian fluted stone. 

The yacht's lavish sun deck features a spacious Jacuzzi and giant cushions to relax on while there is also a spa with its own massage area and mosaic-tiled steam room. 

The award-winning yacht offers the last word in nautical luxury with an art-deco style interior, featuring fittings of Italian marble, bespoke chandeliers and polished stainless steel

The 1,181 tonne vessel is fully equipped for entertaining with an informal sky lounge featuring a custom cocktail bar (above)

The sophisticated Benetti yacht is named 11.11 after the date of birth of Candy's eldest daughter Luka who was born on November 11, 2013

Guests can be ferried to and from the yacht by helicopter as it has a touch-and-go helipad on its bow as well as its own tenders and jet skis for fun on the water. 

More active guests can work up an appetite on a trampoline, a climbing wall and in a jungle gym. 

Candy, who is married to singer Holly Valance and has made billions with his brother Christian by selling homes to the super-rich has owned the yacht since it was built in 2015. 

He revealed that he had stripped out much of the interior and brought in Candy & Candy inspired fixtures and fittings to match his tastes. 

In an interview with Boat International, he said: 'There were no bars and it was designed for a Rolls-Royce Phantom to be kept in the tender garage! I didn't need any of that. 

'The sundeck was all wrong – everything was too small, the Jacuzzi, the seating. Inside it was like a Russian tsar's palace. 

'I'm not saying that's bad but it's not my family's style. It was too heavy, too classical and it was quite dark. We needed to de-wood it, basically.' 

His wife Holly played a major part in the redevelopment which made the interior almost unrecognisable with its monochrome decor complementing wall-panelling and dark surfaces. 

Artwork from revered names such as Tracy Emin and Dominic Harris added a colourful and quirky element to the vessel

The master suite enjoys 180-degree views from six huge portrait windows flooding it with natural light, and has its own private sunbathing area and jet pool, as well as a walk-in dressing and powder room, and nursery

Artwork from revered names such as Tracy Emin and Dominic Harris added a colourful and quirky element to the vessel. 

Candy even had to bring in stage hypnotist Paul McKenna to cure his wife's seasickness so she could enjoy life on the boat to the full. 

The couple who married in 2012 after meeting in 2009 enjoyed regular holidays on the yacht – but also chartered it out for 650,000 Euros a week. 

Candy added: 'We have made some amazing memories on board over the past five years. The service level on board 11.11 is like no five-star hotel on the planet. 

'The crew have taken service, food, hospitality, and maintenance of a superyacht to a whole new level. 

'But it's time to move on and build something new that works for our family and lifestyle in the future. 

'I have always had a passion for yachts and get huge enjoyment from the project side of building and designing a boat – it is not dissimilar to building a house or an apartment building.'

A spokesperson for Candy added: 'The new yacht is being built from scratch and will take around four years to complete. Nick and Holly have currently done nine months' worth of design on the new yacht with their technical and naval architects and design team.' 

11.11 which is being listed for sale by leading international yacht brokers Y.CO won awards at the World Superyacht Awards 2016 and Asia Boating Awards 2016.

Candy says he has had interest from guests who have chartered the boat for 650,000 Euros a week who have wanted to buy it

Will Christie, the Y.CO Head of Sales said: 'Demand among buyers is on the rise. In fact, in terms of sales we are busier than ever. 'We've seen a 75 per cent increase in web traffic since the start of the Covid-19 outbreak, and this has translated into a high number of enquiries, with web enquiries alone rising by 50 per cent last month and the successful sales of five pedigree yachts over 45 metres in length in the last two weeks alone. 

'The fact that yachts offer freedom away from changing travel restrictions is one factor behind this demand, but more and more we are speaking to clients who are totally changing the way they work and live, realizing that they can run their businesses remotely and therefore spend more time at sea than they had imagined before. 

'With clients who previously could not have justified yacht purchase moving into the market for the first time, we are also seeing sellers who are taking this opportunity to sell to upgrade to larger yachts. 

'11.11 is one of the most exciting yachts to come onto the market in recent years with her striking exterior and interior design. 

'She offers a huge amount of comfort in her layout - particularly in the Owners' quarters - and would make a great family yacht for any owner, no matter how long they want to spend on board. She has also built an enviable charter reputation, which adds to her appeal.'

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Billionaire businessman Nick Candy is selling his yacht for N27 billion

- British real estate Mogul Nick Candy has listed his yacht for sale at the sum of €59.5 million (N27,371,350,673.80)

- The billionaire businessman says he wants to build a bigger yacht, adding that he is still expanding

- Nick leased the yacht for charter at €650,000 (N298,886,998.47) per week for an average of eight weeks annually

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Real estate mogul Nick Candy is selling his yacht for the sum of €59.5 million (N27,371,350,673.80) and his reason is that he wants to build a bigger one.

The billionaire businessman said people tend to have a change sometimes, and at this point in his life, he is still expanding.

According to a report by Bloomberg Quint, the boat has been listed with Y.Co for €59.5 million (N27,371,350,673.80).

Candy said: “I want to build a bigger yacht. It’s like anything in life. Sometimes you want to have a change. Later in life, people contract their lives; at this age, I’m still expanding.”

Coronavirus: Traders reveal hike in cost of food items as Easter beckons

The boat, which is Christened 11.11 was used by Candy for family and business purposes. The billionaire businessman man also leased the boat for charter at €650,000 (N298,886,998.47) per week for an average of eight weeks annually.

The boat has a lavish amount of space which include the massive owner’s suite - it overlooks the bow of the ship and contains its own walk-in dressing area.

It also has six guest cabins that can host a total of 12 guests.

There is an outdoor 14-person dining area and a smaller salon. You will also find a gym and a steam room covered in mosaic tiles on the yacht.

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Tunde Ososanya Tunde Ososanya, a former senior editor, is a graduate of Mass Communication from the Nigerian Institute of Journalism. He's passionate about what he does and finds fulfilment in informing the people. Ososanya is the author of Later Tonight: a Collection of Short Stories.

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Property tycoon Nick Candy to sell £54m superyacht so he can get a bigger one

The property tycoon Nick Candy is seeking a buyer for his superyacht so that he can build a bigger one.

He has listed the 63-metre Benetti yacht with Y.Co, the yacht dealer, with an asking price of €59.5 million (£54 million).

Marketed as the ultimate yacht for sophisticated entertaining, it features a helipad, limo tender, whirlpool bath and four bars. It has two main bedroom suites and can host 12 guests.

Christened 11.11 after the birthdate of Luka, his elder daughter, the yacht has a top speed of 16.5 knots and is staffed by a crew of 16.

Mr Candy, 47, who is married to Holly Valance, 37, the singer and actress, said that he was in no rush to sell the yacht, which he bought in 2014 and uses for family and business for between ten and 12 weeks a year.

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“We don’t need to sell it. I’ll wait until we get the right price,” he said.

However, he added that he had already engaged a “whole team of architects” to build a bigger yacht. “We have been designing it for nine months now,” he said.

The developer has overseen a redesign of 11.11 , fixing what he perceived as design flaws, including its inability to hold up to 1,000 bottles of wine.

Mr Candy started his property empire in 1995 with his brother, Christian, 46, using a £6,000 loan from their grandmother. They are best known for the development of One Hyde Park near Harrods in Knightsbridge, west London, which is home to some of the world’s richest people.

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Kuyeda (Q6449106)

Wikibooks (0 entries)

Wikinews (0 entries), wikiquote (0 entries), wikisource (0 entries), wikiversity (0 entries), wikivoyage (0 entries), wiktionary (0 entries), multilingual sites (0 entries).

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