Shocking underwater footage and photographs emerge showing $12 million superyacht sinking off Mykonos, Greece.

Local news outlet Mykonos Daily reported that a yacht had struck a reef off of Mykonos near Paraga around 5 a.m. on August 20th. The yacht, estimated to be a Ferretti Custom Line Navetta 33, sank in the area between Platis Gialos and Psarrou off of Mykonos, Greece. Initial reports indicated that all of the guests on board managed to escape the sinking vessel unharmed.

If you haven’t yet seen the photos, you can find them HERE.

And here are some of the emerging —and shocking— news videos from the scene:

https://www.youtube.com/watch?v=l2Jzf3Ts4Gw" width="560" height="315" frameborder="0" allowfullscreen="allowfullscreen"><https://www.youtube.com/watch?v=crYf27PTOsc" width="560" height="315" frameborder="0" allowfullscreen="allowfullscreen"><https://www.youtube.com/watch?v=Rv2iG-1JVNY" width="560" height="315" frameborder="0" allowfullscreen="allowfullscreen"><