The re-sale market took a dent this week when two brokers decided to cut yacht prices by €1m.

The first broker – YPI Brokerage – announced a €1m reduction to the asking price of its 37m expedition-style motor yacht Jasmin.

Built in 2003 by RMK Marine of Turkey, Jasmin is now on the market for €8.4m.

With a 5,000nm range – and accommodation for 10 guests in five staterooms – she is currently available for viewing in Istanbul, Turkey. For further details contact Bertrand Vogèle. Tel: 377 99 99 97 97. Email: bertrand.vogele@ypigroup.com

Meanwhile, YCO has announced a price reduction for its Swan 90 sailing yacht, DSK – also by €1m. Built by Nautor of Finland in 2008, she is now on the market for €7.9m excluding tax.

DSK is lying in Palma, Mallorca and all enquires should be directed to Ben Bartlett at YCO. Tel: 33 615 697 543. Email: ben.b@ycoyacht.com