46.9m Dunya KING BENJI Reduced €2m to €22.999m

FGI Yacht Group has announced a €2 million price reduction on the 46.94-metre explorer yacht KING BENJI, bringing the current asking price to €22,999,000. The broker describes the 2024-built yacht as a fully realised explorer with established cruising and charter capability, placing the reduction against a vessel that entered service only two years ago.

The move changes the commercial proposition without changing the yacht itself: KING BENJI remains a 491-gross-tonne steel-hulled motor yacht built by Dunya Yachts, with five guest staterooms and accommodation for ten guests. FGI's current listing records a 9.14-metre beam, 3.05-metre draft, 12-knot cruising speed and 14-knot maximum speed.

A €2 million reduction on a recent explorer

FGI announced the reduction through its official company channel and now lists KING BENJI at €22.999 million on its sales platform. The broker has not disclosed the seller's motivation or any change to the yacht's ownership circumstances, so the relevant confirmed event is the price adjustment itself rather than any assumption about why it was made.

That distinction matters in a market where asking-price changes are often interpreted too aggressively. A reduction is a public change to the offer price, not a completed transaction, and the eventual sale price—if a sale follows—may differ from the advertised figure after survey, negotiation, tax, inventory and closing conditions are taken into account.

KING BENJI's age makes the announcement notable because the yacht was delivered in 2024 rather than emerging from a long ownership cycle or major refit programme. Buyers looking at the 45–50 metre sector are therefore being offered a relatively recent yacht whose current broker continues to present her as ready for exploration and charter activity rather than as a project requiring reconstruction before use.

Explorer features remain central to the sales case

FGI says KING BENJI has a range of more than 4,000 nautical miles and highlights an expansive aft adventure deck as one of the defining elements of the yacht. The same announcement points to a 10-tonne crane, giving the aft working area the handling capacity required for substantial tenders, toys or expedition equipment within the limits of the yacht's certified arrangements.

The broker also singles out hot and cold plunge pools and a crow's nest, features that place the design emphasis on outdoor use and observation as much as on conventional salon-and-sundeck living. Those spaces are particularly relevant to an explorer proposition because they support long periods away from a marina while still providing distinctive guest areas once the yacht reaches a cruising destination.

FGI describes the interiors by Design Unlimited as award-winning and positions them as an important counterweight to the yacht's technical and expedition character. The message is that KING BENJI is not being marketed as a utilitarian support vessel: the steel hull, long-range capability and working deck sit alongside a guest programme intended to meet the expectations of a contemporary luxury yacht.

Accommodation and performance

The current FGI listing gives KING BENJI five staterooms for ten guests, with crew accommodation for up to nine. That guest count puts the yacht within a familiar private and charter operating pattern, while the 491GT volume provides substantially more enclosed and operational space than length alone would suggest to a buyer comparing different yachts in the same LOA bracket.

At 46.94 metres overall, the yacht carries a 9.14-metre beam and a 3.05-metre draft according to FGI. The published speed figures are 12 knots at cruise and 14 knots maximum, figures that reinforce the explorer brief by prioritising range, volume and operational capability rather than the high top speeds associated with fast-displacement or performance-oriented yachts.

FGI's current sales page places the yacht in Lastovo in Croatia's Dubrovnik-Neretva region. Location is relevant for viewings, but prospective buyers will still need to confirm the yacht's position directly with the broker because active yachts can move and a sales listing can remain online while cruising plans change.

A recent build entering a different sales phase

The reduction effectively moves KING BENJI into a new phase of her resale campaign. A yacht delivered in 2024 has a different due-diligence profile from an older vessel: buyers will still examine machinery hours, warranty history, class and flag status, maintenance records, inventories and operational expenditure, but the focus is likely to be on how the yacht has been used since delivery rather than on decades of accumulated refit history.

FGI also says KING BENJI has an established charter programme and presents the yacht as turnkey for exploration. Those are broker statements rather than guarantees of future charter income, and any buyer considering commercial operation would need to examine charter records, compliance, crew arrangements, taxation and the operating structure independently before treating charter activity as part of the acquisition case.

The price reduction can therefore be read most usefully as a change in entry point to an otherwise unchanged asset. It does not alter the yacht's dimensions, guest capacity or stated range, but it may widen the group of buyers willing to compare KING BENJI directly with other recent explorer yachts and high-volume displacement yachts around the same price level.

What a buyer is actually being offered

FGI's sales proposition combines a 2024 delivery, steel construction, more than 4,000 nautical miles of stated range and a set of specialised outdoor features that are unusual enough to distinguish the yacht from a conventional raised-pilothouse layout. The 10-tonne crane and adventure deck are especially important because they affect what equipment can be carried and how the yacht can be used once away from established yachting centres.

At the same time, the five-stateroom guest arrangement, plunge pools, crow's nest and Design Unlimited interiors keep the yacht anchored in the luxury market rather than positioning capability as an end in itself. That combination is the core of the broker's case for KING BENJI, and the new €22.999 million asking price is now the number against which buyers can assess it.

The next meaningful public event will be either another change to the sales terms or a completed transaction. Until then, the confirmed position is straightforward: FGI Yacht Group is offering the Dunya-built KING BENJI at €22,999,000 following a €2 million reduction, with the yacht's principal published specifications and explorer features unchanged.