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September 19th, 2007, 09:36 GMT · By Roxana Deduleasa

Why Are Yachts So Hot!?! The Mangusta 165, Still World's Largest Open Yacht...

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Mangusta  165
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Ladies, gentlemen, brace yourselves, for what you are about to see isimpressive! A year ago, the company The Group was pleased to announce the launch of the Mangusta 165' (50 meters) series, aka the largest Open yacht in the world. This yacht was about to break the record already held by Rodriguez Group with its Mangusta 130' boat.

The 165 model benefits from the size of a Custom yacht, meaning a 50 meters dimension, at a price of about 20 million, combined
with the "recurrence and profitability of a Semi-Custom", as the company itself states.

Mangusta  165
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The 1st unit of this beauty was sold last year. Back then, The Group's official representatives said that its main objective was to deliver two Mangusta 165' a year from 2009, resulting in about 40 million additional sales. And judging by its amazing features, it won't be that hard, after all.

In addition, they also said that the over 50-meter steel Custom yacht or yachts, which are currently under negotiation, will naturally be added to this sales figure.

Mangusta  165
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Now they report that the boat was displayed during an exceptional show of the European season, in the Salon Nautique in Cannes. Apparently, the Mangusta 165' (50 meters) is still the largest Open yacht in the world. This means it is still towering over just about everything in the resplendent harbor.

Too bad there's not much info from the specification list. So, don't be surprised if the Greek moguls are going to queue for the EUR 20 million yacht, since this baby looks especially designed to be taken on the open sea. According to Gizmag: "Combining the recurrence and cost-effectiveness of a Semi-Custom, the Rodriguez Group hopes to deliver two Mangusta 165s a year from 2009".

I bet they're already making a list of customers. Anyone interested? Bill? Mr. Trump? Mr. Abramovich?
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