Fraser markets the 46-metre Sanlorenzo 46Steel PICK UP at €13.5 million following an extensive 2025 refit, with four guest suites and 3,500nm economic range.
Fraser is offering PICK UP, a 46-metre Sanlorenzo 46Steel motor yacht originally delivered in 2011, with an advertised asking price of €13.5 million. The broker says the yacht underwent extensive work in 2025, giving buyers a chance to consider a familiar Italian steel-built platform with recently renewed presentation. This is a current brokerage offering, not an announcement that a sale has concluded or that all systems are effectively new. The commercial significance of the refit depends on its documented scope and the quality of workmanship.
The Sanlorenzo 46Steel is a markedly different ownership proposition from a fast fibreglass sports yacht. Its steel hull and aluminium superstructure support substantial living and operational spaces, but also bring their own inspection and coatings obligations. PICK UP’s broker-listed dimensions include a 9.3-metre beam, 3.2-metre draught and 511 gross tons of internal volume. The last figure measures enclosed space rather than weight; it is particularly relevant when comparing the usable accommodation of similarly sized vessels.
Fraser credits the exterior design to Francesco Paszkowski and the interior to ACUBE. The exterior retains the balanced lines and generous aft-deck proportions associated with the shipyard’s earlier long-range models, while the interior has a more recent presentation following the 2025 work. The main saloon uses substantial windows to bring natural light into formal and informal seating areas. A separate sky lounge on the upper deck provides another retreat when guests want to gather away from the principal dining area.
Interior photographs should be assessed as a record of appearance at the time of shooting rather than a complete condition report. Finishes that look fresh can sit beside older air-conditioning, insulation, piping or electrical systems that have not formed part of the same programme. A buyer should request detailed refit specifications, contractor names, before-and-after documentation and warranty coverage for any newly installed equipment. The most valuable modernisation is one that improves underlying reliability as well as visual quality.
PICK UP is arranged for eight guests in four suites. Her main-deck owner accommodation extends across the full beam and includes a private office and dressing area, creating a degree of independence suitable for an owner who works remotely or spends long periods aboard. The lower deck contains two VIP staterooms and a twin room, each with its own bathroom. Nine crew berths are advertised, although safe manning and the actual service complement will depend on the selected programme and flag requirements.
There are advantages to a spacious four-cabin plan when compared with squeezing a fifth or sixth guest suite into the same overall hull. Rooms and public spaces may feel more generous, and the service team can organise meals and housekeeping without constant traffic through private corridors. Buyers who routinely host larger groups, however, should test the arrangement against their guest profile. Cabin flexibility, luggage space, soundproofing and privacy during crew operations are better judged in person than from the general arrangement alone.
Fraser describes a main-deck aft lounge, upper-deck al fresco dining and a sundeck with bar, dining table and extensive lounging space. A forward upper-deck seating area gives guests a different outlook when travelling or anchored. At sea level, a beach club opens towards the water, while a dedicated gym allows onboard exercise without sacrificing a principal guest lounge. These features support a yacht intended to be used as a floating home for more than short weekend journeys.
Outdoor spaces must also be evaluated as working parts of the vessel. A survey should test bathing access, deck drainage, railings, shade arrangements and the means by which crew secure furniture for passages. Gym equipment needs proper fixing and maintenance, particularly aboard a yacht that may encounter motion while underway. The principal challenge is not the number of amenities but how they operate together safely when swimmers, tender crews, diners and guests are using adjacent areas.
Twin Caterpillar engines are listed at about 2,040 horsepower each, with a 13-knot cruising speed and a maximum speed of 17 knots. Fraser quotes a 2,600-nautical-mile cruise range and up to 3,500 nautical miles at an economical 11 knots. The difference is material: a buyer should not assume that the longest advertised distance is possible at the normal cruising speed. Weather, fuel reserves, hull loading and generator consumption also change the real-world result.
Engineering due diligence should focus on how the yacht performed both before and after the 2025 refit. Engine logs, generator hours, cooling systems, fuel treatment, shafting and stabiliser history are important. Fraser lists RINA classification and a Cayman Islands flag, but their current status must be verified with the appropriate authorities and certificates. A sea trial should take place at the intended cruising speed, with independent observation of vibration, machinery temperatures and consumption rather than simply chasing the headline maximum.
The present offering combines recognised Sanlorenzo design, a substantial steel-and-aluminium construction and a relatively intimate eight-guest layout. At €13.5 million, the yacht invites comparison with newer but less voluminous models as well as larger yachts in need of significant work. It would be premature to decide the better purchase without accounting for equipment age, current technical condition, likely annual crewing expense and the amount of capital a new owner may need to spend immediately after completion.
Fraser’s official listing gives prospective buyers a way to begin that comparison with a named, presently marketed vessel. A disciplined process would establish title, tax and inventory, arrange independent hull and machinery surveys, review complete refit invoices and test the crew’s practical service routes. PICK UP offers a distinctive mix of Italian superyacht pedigree and recent presentation, but the transaction should be based on verified condition and a realistic operating programme rather than a photographed finish alone.
Primary reporting is based on the official brokerage information. Consult the builder or broker yacht particulars for current equipment and commercial terms.
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