yacht for sale in mallorca

43 boats for sale in mallorca

MANGUSTA 92

MANGUSTA 92

1.850.000 €

Length 28.30 m

Beam 6.60 m

The Mangusta 92 is an impressive superyacht for sale that combines elegant design with exceptional performance.

LEOPARD 27

1.495.000 €

Length 26.78 m

Beam 6.05 m

The Leopard 27 is a 26.78 m long and 6.05 m wide superyacht, located in Ibiza, Spain, she is powerful, sporty, and stealthy looking, very well built, and ideal for cruising the waters of the Mediterranean. 

PERSHING 76

PERSHING 76

799.000 € (before 940.000 €)

Length 25.49 m

Beam 5.49 m

This Pershing 76 is a luxurious and elegant yacht for sale manufactured by the prestigious Italian shipyard Pershing in 2005 and with a major refit in 2021-2022. This impressive yacht combines a streamlined and modern

SANLORENZO SX76

SANLORENZO SX76

Price upon request

Length 23.72 m

The Sanlorenzo SX76 is a luxury yacht for sale designed and manufactured by the Italian shipyard Sanlorenzo. Launched in 2022, she is part of the SX series that combines the elegance and style of a motor yacht with the

SANLORENZO SL72

SANLORENZO SL72

Length 22.00 m

Beam 5.67 m

This Sanlorenzo SL72 is a luxury yacht for sale in Mallorca built in 2000 but with a major refit in 2022. It is part of the SL (San Lorenzo) line of the Sanlorenzo shipyard, a world-renowned yacht manufacturer based in

GUY COUACH 70

GUY COUACH 70

Length 20.70 m

Beam 5.34 m

SUNSEEKER 62 MANHATTAN

SUNSEEKER 62 MANHATTAN

349.950 € (before 395.000 €)

Length 18.90 m

Beam 4.75 m

The Sunseeker 62 Manhattan is a 1999 luxury yacht. With a classic and elegant exterior design, this boat has a large bathing platform, a seating area on deck, and a cockpit with a large and very comfortable armchair for

HALLBERG RASSY 53 HT CUSTOM

HALLBERG RASSY 53 HT CUSTOM

330.000 € (before 385.000 €)

Length 16.43 m

Beam 4.63 m

The Hallberg-Rassy 53 HT is a luxury sailing yacht for sale with high performance and elegant design manufactured by the Swedish shipyard Hallberg-Rassy. This yacht stands out for its build quality, comfort on board and

AUSTIN PARKER IBIZA 52

AUSTIN PARKER IBIZA 52

Length 15.80 m

Beam 4.90 m

The Austin Parker 52 Ibiza is the logical progression of its predecessor the "44 IBIZA". This yacht for sale of 15.8 m length and 4.9 m beam, is undoubtedly an impressive yacht in the Lobster style.

SUNSEEKER CAMARGUE 50

SUNSEEKER CAMARGUE 50

Length 15.34 m

Beam 4.44 m

Located in Ibiza, Spain, is this Yacht for sale Sunseeker Camargue 50 15.34 meters length and 4.44 meters beam of the year 2000.

SUNSEEKER SUPERHAWK 48

SUNSEEKER SUPERHAWK 48

Length 14.70 m

Beam 3.25 m

Located in Ibiza, Spain. This Sunseeker Superhawk 48 is an excellent opportunity to acquire a highly sought-after sports model.

MAORI 50

Length 14.35 m

Beam 4.10 m

Located in Mallorca, Spain, the Maori 50 is your personal getaway, a motorboat for sale designed for the ultimate boating experience. With its sleek, sporty design and powerful 43-knot performance, this 14.80-meter open

GALATZO K ONE 45

GALATZO K ONE 45

Length 13.96 m

Beam 5.00 m

The Galatzo K-ONE 45 catamaran is a catamaran for sale, undoubtedly a nautical jewel that stands out for its exceptional condition and versatility.

FRAUSCHER DEMON 1414

FRAUSCHER DEMON 1414

Length 13.91 m

Beam 3.90 m

The Frauscher Demon 1414 is a yacht for sale, a masterpiece of naval engineering that perfectly combines elegance, power, and sophistication. Located in beautiful Palma de Mallorca, this yacht of 13.91 meters in length

PRINCESS V42

PRINCESS V42

Length 13.56 m

Beam 3.99 m

A motor yacht for sale of 13.56 m length and 3.99 m beam, in very good condition with all documentation up to date and taxes paid.

DUFOUR GRAND LARGE 450

DUFOUR GRAND LARGE 450

Length 13.50 m

Beam 4.35 m

The Dufour Grand Large 450 is an elegant sailing yacht for sale, undoubtedly one of 2015's masterpiece of 13.5 meters in length and 4.35 meters in beam, which epitomizes craftsmanship and cutting-edge nautical

AUSTIN PARKER IBIZA 44

AUSTIN PARKER IBIZA 44

Length 13.12 m

Beam 4.02 m

The Austin Parker Ibiza 44 is a yacht for sale of 13 m length and 4 m beam, designed to offer maximum comfort with maximum elegance and style in the ultimate in comfort as far as the boat is concerned.

SUNSEEKER SUPERHAWK 43

SUNSEEKER SUPERHAWK 43

Length 13.10 m

Beam 3.63 m

Located in Ibiza, Spain, is this Sunseeker Superhawk 43 for sale, 13.10 meters long and 3.63 meters beam from 2007 with a refit in 2022.

VANQUISH VQ43

VANQUISH VQ43

Length 13.00 m

Beam 4.00 m

The Vanquish VQ43, is located in Ibiza, Spain, with 13 m length and 4 m beam, built in 2014, with a complete refit and refit in 2022. With a cruising speed of 30 knots and a maximum speed of 40 knots.

DE ANTONIO 42 OPEN

DE ANTONIO 42 OPEN

Length 12.64 m

We present the exclusive De Antonio 42 Open Yacht for sale, a brand new model year 2024, available now in Ibiza. With a length of 12.64 meters, this yacht stands out for its avant-garde design and luxury finishes,

BAIA ONE 43

BAIA ONE 43

Length 12.57 m

Beam 4.68 m

Motorboat for sale Baia One 43 of 12,57 meters length, 4,68 meters beam and 1,7 meters draft of the year 2006 with refit in 2022 in Ibiza.

VANDUTCH 40

VANDUTCH 40

340.000 € (before 399.000 €)

Length 11.98 m

Beam 3.50 m

The Ibiza, Spain-based Vandutch 40, at 11.98m long and 3.5m wide, will meet all your needs.

ASTONDOA 40 OPEN CENTIUM

ASTONDOA 40 OPEN CENTIUM

165.000 € (before 180.000 €)

Length 11.97 m

Beam 3.60 m

This yacht for sale, Astondoa 40 Open Centium, is one of the 100 sport boats manufactured by the prestigious Spanish shipyard Astondoa. It is distinguished by its luxurious and contemporary interior design, different

CRANCHI ENDURANCE 39

CRANCHI ENDURANCE 39

Length 11.95 m

The Cranchi Endurance 39 is a motorboat for sale from 2001, with a refit in 2022, located in Ibiza, with a length of 11.95 meters, a beam of 3.5 meters, and a draft of 0.75 meters, which stands out for its elegance and

MEDYACHT 42

MEDYACHT 42

Length 11.90 m

Beam 4.06 m

Motorboat for sale Medyacht 42, with all the comforts to go out to sea.

MENORQUIN 120

MENORQUIN 120

Length 11.85 m

This Menorquín 120 boat for sale, built in 1999 and with a major refit in 2023, is designed for long distances and enjoying the scenery, reflecting at all times the values of its brand: tradition, quality and

FORMULA 382 FASTECH

FORMULA 382 FASTECH

Length 11.63 m

Beam 2.51 m

Motorboat for sale Formula 382 Fastech, powered by two 350 HP Mercruiser 380 engines.

LAGOON 380 S2

LAGOON 380 S2

Length 11.55 m

Beam 6.52 m

This Lagoon 380 S2 is a catamaran for sale in Ibiza that was launched in 2010 as an upgraded version of the popular Lagoon 380. This catamaran is known for its spacious and comfortable design which makes it ideal for

BENETEAU 38 GT

BENETEAU 38 GT

209.000 € (before 220.000 €)

Length 11.50 m

Beam 3.71 m

The Beneteau 38 GT is a luxury motor yacht for sale designed and manufactured by the renowned French shipyard Beneteau. This particular model was launched in 2012 and has gained popularity among sport and pleasure yacht

AXOPAR 37 CROSS CABIN

AXOPAR 37 CROSS CABIN

Length 11.20 m

Beam 3.35 m

A motorboat for sale from Axopar shipyard, perfect for sailing. It is this 37 Cross Cabin of 11,2 m length, 3,35 m beam and 0,85 m draft of the year 2020, in Mallorca.

COBALT 323

79.950 € (before 95.000 €)

Length 10.59 m

Beam 3.23 m

The Cobalt 323 is an elegant high-performance pleasure boat manufactured by Cobalt Boats in 2007.

AZZURRO ZR9

AZZURRO ZR9

Length 10.50 m

Beam 2.70 m

Introducing the 2014 Azzurro ZR9, a motorboat for sale, ideal for enjoying the Mediterranean Sea. With 10.5 meters in length and 2.7 meters in beam, this boat offers ample and comfortable space on board, perfect for

FJORD 38 XPRESS

FJORD 38 XPRESS

Length 10.28 m

Beam 3.64 m

A motorboat for sale, Fjord 38 Xpress of 10,28 m length, 3,64 m beam and 0,85 m draft from 2020 in Mallorca.

BOSTON WHALER 320 VANTAGE

BOSTON WHALER 320 VANTAGE

Length 10.21 m

Beam 3.15 m

This 2019 Boston Whaler 320 Vantage, is a boat for sale in very good condition, like new with very low hours. It has had only 1 owner.

FURIA 33

65.000 € (before 79.000 €)

Length 9.85 m

This Furia 33 sailboat for sale of almost 10 meters in length, built in 1982 and with a major refit between 2020 and 2023, is a sailing boat that has gained recognition for its classic design and its ability to sail both

SEA RAY 320 SUNDANCER

SEA RAY 320 SUNDANCER

270.000 € (before 280.000 €)

Length 9.84 m

Boat for sale in Ibiza of 9.84 meters in length, and 3.25 meters in beam is this Sea Ray 320 Sundancer, a perfect boat to enjoy with family and friends.

DEANTONIO D33 CRUISER

DEANTONIO D33 CRUISER

Length 9.78 m

Beam 3.40 m

A motorboat for sale in Ibiza, Spain D33 Cruiser from Deantonio Yachts, of 9.78 m length and 3.4 m beam.

BAVARIA SPORT 30 OPEN

BAVARIA SPORT 30 OPEN

Length 9.20 m

Beam 2.98 m

The 2009 Bavaria Sport 30 Open is an exciting open motorboat for sale, combining elegant design with exceptional performance on the water. With a length of 9.20 meters, she offers ample space for entertaining and

SASGA 34HT

Length 9.07 m

Beam 3.80 m

Unique opportunity to release this 2023 Sasga 34HT yacht for sale in Mallorca!

SCIALLINO 30

SCIALLINO 30

Length 9.05 m

Beam 3.30 m

This 2010 Sciallino 30 is a classic 9-meter boat designed for coastal cruising and recreational fishing. With its semi-displacement hull and robust construction, it offers stability and efficiency on the water. Ideal for

SAN REMO BLUE SKY 860

SAN REMO BLUE SKY 860

Length 8.60 m

Beam 2.99 m

*Exclusive with mooring available in IBIZA*.

MARLIN 850 HD PRO GT

MARLIN 850 HD PRO GT

125.000 € (before 144.900 €)

Length 8.50 m

Beam 3.18 m

This semi-rigid inflatable for sale Marlin 850 HD PRO GT was created in 2021 following the request to build a RIB with special features: ample space on board, complete and quality equipment, and great robustness of

CHRIS CRAFT 28 LAUNCH LR

CHRIS CRAFT 28 LAUNCH LR

Length 7.65 m

A clear example of the classic day boat is this Chris Craft built motorboat for sale, 7.65 m long and 3 m wide.

StarYachts

Yachts for sale in Mallorca

yacht for sale in mallorca

YACHTING COMPANY

Based, In Palma de Mallorca, Staryachts Brokerage are a boutique office who can now provide their many years of the yachting world expertise and experience to you as our client, both for your next yacht and acting as your Sales Agent for your existing yacht. We want to enable you the client to get the most out of owning your dream yacht.

Offering our clientele a bespoke tailor-made approach to the ownership of a yacht, which looks at and covers all the different sectors and responsibilities of owning a yacht, from new build or purchase, through the upkeep and refit and if required selling it on when needs or times have changed. You’re not a customer, you are our Client and we want to keep our clients for as long as possible.

yacht for sale in mallorca

So if you are looking for experience, expertise and most of all respect and trust delivered with honest and fair advice in the world of yachting, so you can take the journey into ownership with as little stress as possible then you have arrived at a place and team that can make that a reality.

if you are looking for a Superyacht, Multihull or Monohull of whatever size, and it can be a Motor yacht or a 50ft Sailing Yacht, then please consider your options and let us help you in your quest.

All we need from you is to have the time to understand you and your wants and needs and then we can assist.  

Completing the picture and your yacht ownership journey, we will remain by your side into the after-sales period and beyond. With our services for our clients ranging from charter management and yacht management to crew recruitment, employment and registration and beyond, we will be by your side throughout your yacht ownership journey as long as you want us to be.

Yachts for Sale in Mallorca

Mallorca, the largest of Spain’s Balearic Islands, is a renowned destination for luxury yachting. With its stunning coastline, picturesque harbors, and ideal sailing conditions, Mallorca has become a hub for yacht enthusiasts and buyers seeking the finest vessels on the market.

Whether you’re in the market for a sleek sailing yacht, a powerful motor yacht, or a spacious superyacht, StarYachts offers an impressive selection of boats for sale. Renowned yacht brands like Wally  and  Invictus maintain a strong presence on the island, showcasing their latest models and innovations. 

Explore the diverse range of yachts for sale in Mallorca , from compact day cruisers to grand, multi-deck superyachts. Discover vessels equipped with the latest technology, luxurious amenities, and impeccable craftsmanship. 

Work with experienced yacht brokers and dealers in Mallorca to find the perfect boat that suits your lifestyle, cruising preferences, and investment goals. From purchasing a yacht to arranging moorings and maintenance, these professionals can guide you through every step of the process. 

Buying a Yacht in Mallorca

Mallorca, the largest island in Spain’s Balearic archipelago, is not only a Mediterranean paradise but also a premier destination for luxury yachting. Its azure waters, stunning coastline, and vibrant maritime culture make it an attractive hub for yacht buyers and enthusiasts. Whether you are interested in purchasing a sleek motor yacht, a classic sailing yacht, or a grand superyacht, Mallorca offers a diverse range of options to suit your needs. This guide will provide an in-depth look at the various aspects of buying a yacht in Mallorca, from the types of yachts available and key brokers to financing, legal considerations, and exploring the Balearic Islands.

Are you dreaming of owning a yacht in one of the most stunning locations in the Mediterranean? Look no further! Mallorca, with its pristine waters, beautiful coastline, and luxurious marinas, is the ideal place to find your dream yacht. Whether you’re a seasoned sailor or new to yachting, there are plenty of yachts for sale in Mallorca that cater to all tastes and budgets.

Discover our Yachts

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Mallorca Boats

Fjord boats, bluegame boats, austin parker boats, say carbon yachts, horizon yachts, news & offers, featured boats.

Squadron 55

Squadron 55

€ 599,000

70 FT BERMUDAN YAWL

70 FT BERMUDAN YAWL

€ 890,000

41XL

€ 1,126,000

Rafa Nadal at Mallorca Boat Sales

Mallorca Boats offers you a "one stop shop" for your boating needs, covering all aspects related to sales, service, and storage, so you can maximise your time cruising with family and friends. Also keeping an eye while you're not able to attend the boat.

We represent the brands Fjord, Bluegame, Austin Parker, SAY and Horizon for North Mallorca and are a qualified Volvo Penta boat dealer service.

Please contact our office or visit us in the beautiful Port d'Alcúdia, in the North East of the island.

Mallorca Boat Sales

OUR SERVICES

We aim to make boating for our boat owners as hassle-free as possible. We have an experience and qualified team of boat engineers and technicians to take care of your boat whilst in the water. And for safe and secure storage we have a purpose built marine warehouse.

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New Sealine S430

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Sealine F430 Nominated as Powerboat of the Year

Yacht for sale palma de mallorca.

In that case, you have come to the right place. We are Mallorca Boats, a boat sales and maintenance company on the Balearic island. If you are interested in a yacht for sale Palma de Mallorca , our team is the best person to advise you on the purchase.

We are distributors of Bluegame yachts in Mallorca , but towards north, among other brands and we also offer you a boat storage Mallorca service, as well as boat maintenance by a team of professionals who will ensure that your boat is always ready and under proper supervision.

Do not hesitate, if you are looking for a yacht for sale Palma de Mallorca , contact us to advise you and provide you with the guarantees that so many clients have trusted since we began our journey with Mallorca Boats. There are many experiences that await you on board our boats.

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yacht for sale in mallorca

FIND YOUR BOAT

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At VYachts, we know that buying a boat marks the start of an exciting adventure. That’s why we’re committed to providing every customer with an exclusive, personalised service tailored to their needs and desires.

We aim to guarantee a smooth, satisfactory customer experience, making sure that every detail is perfect when you purchase a boat or mooring from us. That way, you’ll enjoy every moment at sea with peace of mind, relying on the best advice and support from our team every step of the way.

At VYachts, we understand that acquiring a boat marks the beginning of an exciting adventure. Our commitment is to provide each of our clients with exclusive and personalized service tailored to their needs.

Our goal is to make the boat or berth buying and selling experience smooth and satisfying for our clients, paying attention to every detail with dedication and professionalism. Enjoy every moment at sea knowing that you have the support of the best advice, allowing us to accompany you at every step of your nautical journey.

BOATS FOR SALE

No matter if you are looking for a 5-meter or a 15-meter boat. Whether you want it for fishing or to go around the island. For occasional summer use or to enjoy it all year round. Whether you prefer sailing alone or strolling in company. Whatever your motivation, budget, and experience, if you are looking for a boat in Mallorca, this is your place.

YOU ARE VERY CLOSE TO FINDING YOUR BOAT

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Bavaria 35 Sport

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Jeanneau Prestige 30S

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Beneteau Oceanis 38 Cruiser

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Ecume de Mer

YACHTS FOR SALE

Explore the freedom of the sea with our exclusive collection of sailboats in Mallorca. Whether it's for fishing, circumnavigating the island, or enjoying the sea year-round, you'll find the perfect vessel here, regardless of your budget or experience. Discover the magic of sailing in Mallorcan waters with us.

SAILING YACHTS

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Jeanneau Prestige 50S

Immerse yourself in adventure with our boat charters. From luxurious yachts to elegant sailboats, experience the freedom of the sea with unparalleled comfort and style.

EXPLORE IN STYLE

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Lagoon 620 “Lady Fiona”

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Fjord 36 OPEN

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Monte Carlo Yachts 66

Small craft boats stand out for their versatility and agility in waters near the coast. From classic motorboats to modern kayaks, these vessels provide an intimate and accessible experience for sea enthusiasts. Their compact size facilitates the exploration of remote corners and the practice of activities such as sports fishing or diving. Though modest in size, these small craft boats excel in delivering great adventures.

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Club Marítimo San Antonio de la Playa (Can Pastilla)

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Pantalán del Mediterraneo

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Real Club Nautico Puerto Pollensa

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Puerto Portals 12 x 4 ¡ SOLD!

Stay tuned for more news and exciting surprises coming soon. Thank you for being part of our community!

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yacht for sale in mallorca

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yacht for sale in mallorca

FIND THE PERFECT YACHT with Mallorca yachts

At Mallorca Yachts, we always go the extra mile to find your perfect yacht. From securing private viewings to sourcing the best luxury yachts for sale from around Mallorca and the Balearics, our expertise is your guarantee.

We take the time to gain a thorough understanding of your requirements, preferences and ultimate objectives before using our industry insights to find you the most suitable yachts for sale. Once you have found your perfect luxury yacht, we will guide and support you step by step through the entire buying process to secure you the best possible deal.

yacht for sale in mallorca

YACHTS FOR SALE

Browse our collection of yachts for sale; use the filters to narrow down the selection. If you don’t see your perfect luxury yacht for sale, get in touch with your requirements and we’ll move mountains to find her for you.

yacht for sale in mallorca

BERTHS FOR SALE

With our knowledge, experience and extensive network of contacts, we can help you make the best choice and get the best deal when purchasing a permanent berth for your yacht.

yacht for sale in mallorca

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38 Everglades 2008 Boat For Sale

Asking price: €150,000.

  • Yachts for sale
  • 38' Everglades

Last updated Feb 6, 2024

38' Everglades 2008

A boat like new, fully equipped, used exclusively as a tender for a Superyacht in the Mediterranean, is only in the water, 6 months every year. n°3 x 2020 Mercury 350hp outboard engines. Classic "cuddy-cabin" layout with ample cockpit space, seating areas and table, dining room, in front of the wet bar and spacious cabin with toilet and independent interiors, kitchenette. Sleeping accommodations for 4 people and bow solarium with access from the cockpit.

Denison Yachting is pleased to assist you in the purchase of this vessel. This boat is centrally listed by M2O Marine.

Denison Yacht Sales offers the details of this yacht in good faith but can’t guarantee the accuracy of this information nor warrant the condition of this boat for sale. This yacht for sale is offered subject to prior sale, price change, or withdrawal from that yacht market without notice. She is offered as a convenience by this yacht broker to its clients and is not intended to convey direct representation of a specific yacht for sale.

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yacht for sale in mallorca

First-Time Buyer?

Read our guide to learn the process for buying this 38' Everglades

38' Everglades HIGHLIGHTS

  • Yacht Details: 38' Everglades 2008
  • Location: Palma de Mallorca, ES-PM, Spain
  • Engines: Mercury
  • Last Updated: Feb 6, 2024
  • Asking Price: €150,000
  • Max Draft: 1' 12''

38' Everglades additional information

  • Beam: 10' 8''
  • Hull Material: Fiberglass
  • Displacement: 12,345.89 lb
  • Fuel Tank: 1 x 1347|liter
  • Fresh Water: 1 x 132|liter
  • Single Berths: 2
  • Double Berths: 1

Classic "cuddy-cabin" layout with large space in the cockpit, seating area and dining table in front of the wet bar and spacious cabin with bathroom with electric toilet with level indicator, and independent interiors, kitchenette with sink, 2 glass ceramic hob stove and fridge/freezer, Sony HD flat screen TV, sleeping accommodation for 4 people and bow solarium with access from the cockpit

Compass, depth sounder, Raymarine E120 GPS / Plotter (x2), Raymarine Autopilot, Raymarine RAY 54E VHF with Distress call, AIS, Radar. Mercury display, Mercury electronic throttles with synchro function

T-Top, bow thruster, electric winch, air conditioning/heating, fish tank, foldable seats, 220V waterproof dock cable, cup holder, courtesy lights on the T-Top, USB sockets, 220V internal sockets, internal wooden floor , Fusion MS-AV700 outdoor audio system, Fusion MS-NRX200I cockpit display.

Schedule a Tour of 38' EVERGLADES

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Odoo id 1.871, 45' absolute 2006, palma, es-pm, spain, southern comfort, 45' cruisers yachts 2000, warwick, ri, us, 45' camuffo 1996, veneto, italy, 45' jeanneau 2009, guatemala, guatemala, 45' sea ray 2000, riviera beach, bahamas, 45' hunter 2003, oxnard, ca, us, 45' beneteau 2014, primošten, croatia, other everglades yachts for sale view all, 35' everglades 2011, miami, fl, us, 32' everglades 2012, dania beach, fl, us, 33' everglades 2018, cudjoe key, fl, us, 32' everglades 2015, panama city, fl, us, out to lunch, 33' everglades 2019, cape coral, fl, us, 29' everglades 2019, jupiter, fl, us, 2021 everglades 365 cc, 36' everglades 2021, seabrook, tx, us, price watch.

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Yacht Sales Mallorca

We have yachts for sale in Mallorca/Balearics and are the dealers for Tesoro Yachts & Absolute Yachts in the Balearic Islands.

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If you’re interested in yacht sales in Mallorca, Western Med or Balearics regions then you need to look no further. We have many premium yachts to buy so our portfolio is sure to have a boat to fit your needs.

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Sunk Mallorca-based superyacht likely to cost insurers at least $150 million, experts say

Skipper back on the island, mallorca-based captain of mike lynch's yacht leaves sicily on private jet, crowdfunding site set up in mallorca to support the crew of sicily tragedy, mallorca rushes to support the crew of sicily tragedy.

The British-flagged 56-metre-long (184-foot-long) yacht, which the experts estimated cost around $40 million.

The British-flagged 56-metre-long (184-foot-long) yacht, which the experts estimated cost around $40 million. | PERINI NAVI PRESS OFFICE / HANDOUT

Insurers of the Mallorca -based Bayesian superyacht that sank this month, killing tech entrepreneur Mike Lynch and six others, could be on the hook for at least $150 million , according to the first estimates by industry experts. The British-flagged 56-metre-long (184-foot-long) yacht, which the experts estimated cost around $40 million, capsized and went down on August 19 within minutes of being hit by a pre-dawn storm while anchored off northern Sicily.

The superyacht’s hull was insured against physical damage by yacht insurance provider OMAC and a consortium of insurers including Travelers Companies Inc, Navium Marine and Convex, Reuters reported last week. Its protection and indemnity (P&I) insurance, which typically covers third-party liability claims including for environmental damage, injury and death, was provided by British Marine. The hull was likely insured for around $40 million, while the P&I cover would be larger, insurance sources said.

“Our understanding is that the cost of the boat was between $40 and $50 million, so the limit of the hull & machinery policy was probably around those values,” said Marcos Alvarez, managing director, global financial institution ratings at Morningstar DBR. The P&I policy would likely be “several multiples” of the hull policy, or $200-300 million, Alvarez added, noting it would also likely cover liability payments even if the captain or crew are found to be negligent.

Related news

One dead, six missing after sailboat sinks off Palermo

British-flagged superyacht Bayesian sunk in Sicily was based in Mallorca

More related news.

Prosecutors in the town of Termini Imerese, near Palermo, are investigating the captain and two other crew members. An investigation does not imply guilt or mean formal charges will follow. Prosecutors have said the probe would take time and require salvaging the wreck. Oscar Seikaly, CEO of broker NSI Insurance Group, that provides yacht insurance, estimated the hull value at $40-70 million, but said P&I cover might not total more than $100 million. P&I insurance would also cover recovery of the Bayesian, said Francesco Dubbioso, country manager for Italy for insurer Alta Signa Europe, who estimated the superyacht’s value at $30 million to $40 million.

Reuters is the first to report the potential insurance costs. OMAC, Travelers and Navium Marine did not immediately respond to Reuters’ for comment. Convex declined to comment. The Bayesian disaster, which has puzzled experts who said the boat would have been built to withstand a severe storm, adds to recent woes for yacht insurers , who have faced a raft of hurricane losses in the past few years. Premium rates have risen by four to five times in the past couple of years in parts of the U.S. and the Caribbean, and yacht insurers have cut the amount of cover they provide because of the risks, Seikaly said.

As a result, insurers have increased rates and re-evaluated their guidelines and risk appetite , according to industry experts. As well as hurricanes, insured losses have mostly stemmed from severe storms, floods, and other weather events in North America, the Caribbean, and Europe, according to a report by broker Marsh. Seikaly said four clients had last week been ready to buy boats but changed their minds because of the high cost of insurance.

Climate change was also likely to add to yacht insurers’ worries, Seikaly added, as it throws up more unexpected events. “Whoever thought a storm in the Mediterranean in the month of August is going to sink a ship?” The captain of the yacht, James Cutfield is recovering at his home in Mallorca , according to sources close to him, while a team of lawyers, led by Aldo Mordiglia, is working on his defence. The captain is said to have arrived on the island, where he lives with his family, on Tuesday night aboard a private jet which flew from Palma to Palermo to collect him. Although his passport has been withdrawn by the Italian judiciary, Cutfield has a certified photocopy which allows him freedom of movement.

  • Nautical industry
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The British-flagged Mallorca-based Bayesian was due to return to her home port in September

Cala Bona fatality: The skipper has returned to Germany

  • Katy Perry under investigation for Balearic video
  • “Someone in power needs to make it clear to the UK and Germany that Mallorca wants tourists”
  • New setback for Britons flying to Spain
  • Famous Balearics town votes against banning tourists
  • New setback for Britons travelling to Mallorca from Sunday, September 1

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"Who would have thought" ............ Those that know the power of the wind and sea, and they "prepare for the worst and hope for the best".

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Bayesian yacht sinking latest: Captain ‘insists he did everything he could’ to save passengers

Captain james cutfield, ship engineer tim parker eaton and sailor matthew griffith all under investigation for manslaughter, article bookmarked.

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The captain of the Bayesian has insisted that he did everything possible to save those on board the superyacht , according to local reports.

Sources close to James Cutfield, 51, told the Italian newspaper Corriere Della Sera that the 51-year-old New Zealander is currently living through the darkest days of his life as he is under investigation for possible manslaughter and culpable shipwreck charges.

They reportedly said Mr Cutfield repeatedly insists that he did not abandon any of the 22 passengers and crew and that he did everything could could to save them.

However, there reached a point when he could do little as the vessel had taken on too much water, they added.

Since Wednesday, Tim Parker Eaton, the engineer who was in charge of securing the yacht’s engine room, and sailor Matthew Griffith, who was on watch duty on the night of the disaster, are also under investigation for the same possible charges , their lawyer said on Friday.

British technology tycoon Mike Lynch and his 18-year-old daughter Hannah were among the seven people who were killed after his superyacht capsized and went down on 19 August within minutes of being hit by a pre-dawn storm off the coast of Sicily .

Two more crew members under investigation over sinking of superyacht Bayesian

Watch: Final moments of seven who died in Bayesian tragedy revealed by fire service boss

Hannah lynch was ‘one of the best english students in the country’, teacher says.

Hannah Lynch had just completed her A-levels and secured a place to study English at Oxford University.

Her former English teacher Jon Mitropoulos-Monk said she was “one of the best English students in the country” having scored 100% in her English Literature GCSE.

Patrick Jacob, a family friend, paid tribute to her on Friday, saying: “Hannah was charming and ferociously intelligent with an insatiable thirst for life and knowledge. She was also warm, loving and deeply considerate; remarkably for her age.

“I am 50 years older than her and in my life I have never met anybody like Hannah. We have lost one of our brightest stars whose future held so much promise. Her loss is unbearable.”

Hannah Lynch, aged 18

Friend pays tribute to Bayesian chef Recaldo Thomas

Recaldo Thomas was the superyacht’s chef and the first person whose death was confirmed.

The Canadian-Antiguan national was found by the Italian coastguard near the sunken boat. A friend of Mr Thomas, who asked to remain anonymous, said the yachting community has been saddened by his death.

She told  The Independent:  “He was a one-of-a-kind special human being. Incredibly talented, contagious smile and laugh, an incredible voice with a deep love of the ocean and the moon. I spoke to him nearly every day. He loved his life his friends and his job.”

Mike Lynch net worth: How the billionaire made his money

yacht for sale in mallorca

Mike Lynch was frequently described as the Bill Gates of Britain for founding Autonomy – one of the biggest software firms on the planet

Italian prosecutors widen probe into superyacht that sank off Sicily to 2 more crew members

yacht for sale in mallorca

Italian prosecutors have put under investigation two more crew members of the Bayesian, the superyacht that sank off Sicily last week, killing seven people, their lawyer said

Timeline of the Bayesian luxury yacht disaster: Monday 19 August - Wednesday 21 August

Monday 19 August

  • The  Bayesian  yacht, flying a British flag, sinks at around 5am local time when the area was hit by a tornado.
  • Fifteen people are rescued from the 55m (180ft) vessel – including a mother and baby – but another seven remain missing.
  • A body, believed to be that of a chef on the boat, is later found near the wreckage

Tuesday 20 August

  • The search continues for the six tourists missing.
  • It is reported that among those missing are Morgan Stanley International bank chairman Jonathan Bloomer; his wife, Judy Bloomer; Clifford Chance lawyer Chris Morvillo; and his wife, Neda Morvillo.
  • Police divers try to reach the hull of the ship, resting at a depth of 50 metres.
  • Italy’s fire brigade Vigili del Fuoco say early inspections of the wreck were “unsuccessful” because of limited access to the bridge and furniture obstructing passages.
  • It is confirmed that the body recovered at the scene of the sinking on Monday was that of Canadian-Antiguan national Recaldo Thomas, who was working as a chef on the yacht.

Wednesday 21 August

  • The search for the six people unaccounted for enters a third day, with crews carrying out inspections of the yacht’s internal hull.
  • A team of four British inspectors from the Marine Accident Investigation Branch (MAIB) arrive in Porticello to look at the site of the sinking.
  • A helicopter is drafted in to help with the search effort and remotely controlled underwater vehicles are being used, with naval units and cave divers also taking part in the search.
  • Five bodies are found inside the yacht on Wednesday afternoon. Only four of them are brought to shore.

Blackbox sheds light on tragic final minutes of billionaire’s superyacht trip

yacht for sale in mallorca

Mike Lynch had gathered his nearest and dearest to toast walking away a free man from a HP fraud trial

Why was Mike Lynch’s yacht named the Bayesian?

Autonomy, the software firm which Mike Lynch sold in a £8.64bn deal in 2011, was a pioneer of business data analysis, using machine learning and what Mr Lynch called “adaptive pattern recognition”.

It used a statistical method called “Bayesian inference” at the heart of its software, devised by the 18th-century mathematician Thomas Bayes.

The yacht’s name,  Bayesian , harks to the same model that was at the heart of Autonomy’s – and Mr Lynch’s – success.

Watch: Moment Bayesian yacht engulfed by storm

Bayesian captain ‘exercised right to silence’ in manslaughter probe questioning, lawyer says

The captain of the Bayesian yacht chose not to respond to prosecutors’ questions as he was spoken to for a third time on Tuesday, his lawyer has said.

James Cutfield, a 51-year-old New Zealand national, is under investigation for possible manslaughter and culpable shipwreck charges.

“The captain exercised his right to remain silent for two fundamental reasons,” lawyer Giovanni Rizzuti told reporters. “First, he’s very worn out. Second, we were appointed only on Monday and for a thorough and correct defence case we need to acquire a set of data that at the moment we don’t have.”

Being placed under investigation does not imply guilt or mean that charges will necessarily follow. Chief prosecutor Ambrogio Cartosio has said his team would consider each possible element of responsibility including those of the captain, the crew, individuals in charge of supervision and the yacht’s manufacturer.

The Times  reported one of Mr Cutfield’s lawyers as saying that the captain is “understandably very shaken up” after the ordeal last Monday.

Captain James Cutfield of the Bayesian

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    All Greenline models are available with power options of either Hybrid Drive, Electric Drive, or Diesel Drive. More…. 8. 1. Manufacturer Specification. View a wide selection of all new & used boats for sale in Mallorca, Spain, Spain, explore detailed information & find your next boat on boats.com. #everythingboats.

  22. Sail boats for sale in Mallorca, Spain

    Palma de Mallorca, Islas Baleares, Spain. 1986. $88,307. Seller VYachts. 28. Contact. +34 677263555. View a wide selection of sail boats for sale in Mallorca, Spain, explore detailed information & find your next boat on boats.com. #everythingboats.

  23. Boats for sale in Palma De Mallorca, Spain

    Boats for sale in Palma De Mallorca, Spain 315 Boats Available. Currency $ - USD - US Dollar Sort Sort Order List View Gallery View Submit. Advertisement. Save This Boat. Elan GT5. 2024. Request Price. Launched in 2017 to critical acclaim, the Elan GT5 was a groundbreaking concept, introduced to the world of sailing. ...

  24. ENERGY yacht for sale (Amels, 77.8m, 2022)

    The 77.8m (255.2ft) full-custom yacht ENERGY, delivered by Amels in 2022, is one such yacht. ENERGY has a steel hull and aluminium superstructure constructed to Lloyd's classification and the brief for exterior designer Espen Oeino and interior designer Francois Zuretti was to defy convention and find ways to connect with the ocean.

  25. Sunk Mallorca-based superyacht likely to cost insurers at least $150

    Insurers of the Mallorca-based Bayesian superyacht that sank this month, killing tech entrepreneur Mike Lynch and six others, could be on the hook for at least $150 million, according to the first estimates by industry experts.The British-flagged 56-metre-long (184-foot-long) yacht, which the experts estimated cost around $40 million, capsized and went down on August 19 within minutes of being ...

  26. Bayesian yacht sinking latest: Diver speaks of 'unbearable' search for

    From the sheer size of the mast (74 metres, roughly the size of seven two-storey houses stacked on top of each other) to the expense (Bayesian was put up for sale in 2014 with an asking price of ...