The asking price of the 90 metre superyacht, Nero, has been slashed. The €7,500,000 (£6,573,992) reduction was announced by Burgess and Merle Wood & Associates – her joint central agents.

Nero was built in China by Corsair Yachts in 2008 and has become a regular on the international showboat scene.

The design was reportedly inspired by J.P. Morgan’s famous Corsair fleet of yachts and has won her aclaim for her styling and grace.

The superyacht features a duplex owner’s suite, which contains a bedroom, dressing area, his and her bathrooms and a living room.

It also boasts a swimming pool and 2 VIP cabins with saloons.

Two custom tenders (a 9.4m cabin cruiser and a 7.9m tender) and a 5.5m side boarding platform.

At the moment Nero is located in Livorno, Italy.

The new asking price is €67,500,000 (£59,150,463)