Ride of the Day: Lady Soul

The Mediterranean yacht scene is witnessing an unusual intersection of luxury and legal intrigue with the arrival of the Custom Line Lady Soul at Bodrum’s Göcek Marina. This 30.95-meter masterpiece, part of the prestigious Navetta 30 series, is now up for auction after its owner, Ahmet Faruk Karslı, CEO of Papara, was arrested on money laundering charges.

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Built in 2006 and designed by Zuccon International Project, Lady Soul boasts engineering from CRN and a layout optimised for “al fresco” cruising. With three decks, five staterooms, and a crew of five, the yacht comfortably accommodates ten guests. Her twin MAN diesel engines provide a cruising speed of 13 knots, delivering both performance and stability for premium charters.

Luxury Meets Legal Oversight

Following Karslı’s arrest, the yacht was seized by the Turkish Savings Deposit Insurance Fund (TMSF) and is now being offered via open bidding and auction. Investors and yacht enthusiasts have a rare chance to acquire a fully modernized 2019 vessel valued at roughly ₺117 million ($3.4 million). Interested buyers must submit a 5% deposit to participate in the bidding process.

Investment Opportunity in Distress

Despite the shadow of legal proceedings, Lady Soul represents a rare entry point into the high-end yacht market, where vessels of this caliber rarely appear for public sale. Market watchers note that auctions like this often attract both private collectors and charter companies seeking premium assets at below-market rates.