2012 Custom 38.5M Superyacht – Charter Investment Opportunity
This 38.5-metre steel superyacht represents a compelling acquisition opportunity for an investor looking to develop a charter operation spanning the Eastern Mediterranean, Red Sea and UAE. Following a substantial 2022–2025 refit, she is now offered at an asking price of just €2,200,000.
With 219 GT of volume, five ensuite guest cabins, accommodation for 10 guests, extensive exterior entertainment areas and comparatively modest twin 750 HP propulsion, the yacht provides the physical platform required for both conventional weekly charter and event-oriented operation.
The investment concept is particularly interesting for an owner considering a seasonal strategy: operate weekly charters in the Mediterranean during summer, progressively reposition through the Red Sea, and use the yacht in Dubai and the wider UAE during the winter season for private charters, corporate hospitality and major events.
38.5 Metres of Superyacht for €2.2 Million
At an asking price of €2.2 million, the yacht offers substantial scale relative to acquisition cost. She measures 38.5 metres in length with a 7.3-metre beam and has a reported gross tonnage of 219 GT.
Construction consists of a steel hull and aluminium superstructure. Built in Antalya, Turkey and completed in 2012, she combines the substantial construction and interior volume expected from an almost 40-metre yacht with an acquisition price more commonly associated with considerably smaller yachts.
Importantly for an investment buyer, this is not simply an older yacht awaiting a complete rebuild. Significant capital expenditure has already been directed toward the vessel through a major 2022–2025 refit, covering her interior, machinery, electrical systems, generators and exterior guest areas.
A Seasonal Mediterranean, Red Sea & UAE Charter Strategy
The yacht lends herself to an investment strategy built around complementary charter seasons rather than dependence on a single destination throughout the year.
During summer, she could potentially operate weekly charters in Turkey and the Eastern Mediterranean, taking advantage of an established international superyacht charter market and her five-cabin layout for 10 overnight guests.
As the Mediterranean season comes to an end, the yacht can potentially reposition south through the Suez Canal and Red Sea before continuing toward the UAE. This creates the possibility of combining Mediterranean cruising with developing Red Sea destinations while moving toward the yacht’s winter operating market.
During winter, the commercial focus can shift toward Dubai and the wider UAE, where the operating model can include private yacht charters, corporate hospitality, celebrations and premium event periods.
Dubai Winter Season & Major Events
The UAE creates a fundamentally different charter proposition from the Mediterranean. Rather than depending entirely on seven-day bookings, a commercially certified yacht can potentially target shorter private charters, corporate events and high-demand dates throughout the winter season.
Major occasions such as New Year’s Eve in Dubai and the Abu Dhabi Formula 1 weekend can form part of a wider seasonal strategy alongside the UAE’s peak winter tourism and corporate-event calendar.
This provides an investor with the possibility of combining two different charter models: destination-based weekly charters during summer and event/private charter operation during the UAE winter season.
Buyers evaluating this type of operating model can also explore our dedicated yacht investment opportunities in Dubai.
Five Ensuite Cabins for 10 Guests
The yacht accommodates 10 overnight guests across five ensuite cabins. A full-beam owner’s suite is positioned on the main deck, while the lower deck contains two VIP double cabins and two twin cabins.
The five-cabin configuration is particularly practical for charter use, providing a conventional accommodation arrangement suitable for families and groups of friends without relying on convertible guest spaces.
Separate crew accommodation provides three crew cabins for up to six crew, together with dedicated crew facilities and a separate crew galley and social area.
Large Guest & Entertainment Areas
At 219 GT, the yacht provides considerable usable volume across multiple decks. The main deck incorporates a large contemporary saloon and dining area together with direct access to the aft exterior spaces.
The flybridge provides another substantial guest area with a Jacuzzi, bar and extensive seating, while the foredeck creates a separate outdoor relaxation area.
A major feature of the recent refit is the extended aft platform, increasing the usable waterside area and improving access for swimming, tenders and water activities. A hydraulic passerelle and hydraulic platform further support practical guest operation.
Major 2022–2025 Refit
A comprehensive refit was carried out between 2022 and 2025, with the interior redesigned around a contemporary Scandinavian-inspired aesthetic. The programme extended well beyond cosmetic refurbishment and included substantial technical upgrades.
- Extensively renewed contemporary interior
- Main engines fully serviced
- Air-conditioning system fully serviced
- New electrical and navigation equipment
- Three new generators installed in 2024
- New Victron batteries, chargers and inverter equipment
- New Jacuzzi
- Extended aft platform
- New flybridge hardtop
- New tank sensors installed in 2023
- Updated galley and domestic appliances
- Two 220-metre anchor chains installed in 2023
- Liferafts serviced in 2025
An independent technical survey was completed in January 2026, with the report available for review by prospective buyers.
Twin Scania Propulsion
Propulsion is provided by two 750 HP Scania diesel engines with approximately 2,700 operating hours. The yacht has a reported cruising speed of approximately 10 knots, maximum speed of up to 17 knots and an indicated range of approximately 1,100 nautical miles.
The relatively modest 1,500 HP combined propulsion is noteworthy from an investment perspective. Unlike many performance-oriented yachts approaching 40 metres, the yacht does not rely on extremely high-output propulsion simply to achieve her normal cruising profile.
Additional machinery includes a hydraulic bow thruster, waste-water treatment system, 80,000 BTU marine air-conditioning system and three generators renewed in 2024.
Previous Türk Loydu Classification
The yacht was previously classed by Türk Loydu under vessel number G-1779 with the historical class notation +1A5 MOTOR YACHT (+) M. Her previous five-year class certificate was valid until February 2022.
The possibility of returning the yacht to active class has subsequently been investigated. The anticipated process includes a new class survey, sea trial, dry docking and updated measurements and inspections. Final scope, associated yard works and approval remain subject to Türk Loydu inspection and requirements.
This existing classification history is significant for an investment buyer considering a return to commercial operation, although reinstatement of class should not be confused with commercial charter certification. The appropriate flag, commercial registration and operating approvals would need to be established according to the intended charter programme and operating area.
Principal Specifications
Year: 2012
Builder: A-Z Marine, Antalya, Turkey
Type: Custom Motor Yacht
Length: 38.50 m / 126 ft
Beam: 7.30 m
Draft: 2.60 m
Gross Tonnage: 219 GT
Net Tonnage: 66 NT
Hull: Steel
Superstructure: Aluminium
Guest Accommodation: 10 guests in 5 ensuite cabins
Crew: Up to 6 in 3 cabins
Main Engines: 2 × Scania 750 HP diesel
Engine Hours: Approx. 2,700
Cruising Speed: Approx. 10 knots
Maximum Speed: Approx. 17 knots
Range: Approx. 1,100 nautical miles
Fuel Capacity: 13,500 litres
Fresh Water: 8,400 litres
Black Water: 10,410 litres
Refit: 2022–2025
Flag: San Marino
Current Registration: Pleasure Yacht
Previous Class: Türk Loydu
Asking Price: €2,200,000
A 38.5M Charter Investment Platform
The investment case centres on a relatively unusual combination: 38.5 metres of yacht, 219 GT, steel construction, five guest cabins and substantial recent refit expenditure at an asking price of €2.2 million.
Rather than viewing the yacht solely as a private acquisition, an investor can evaluate her as the basis for a seasonal charter business connecting established Mediterranean cruising grounds with the developing Red Sea market and the UAE winter season.
The recent refit reduces the amount of obvious modernisation required before repositioning the yacht, while her previous classification history provides an established starting point for investigating a return to class and subsequent commercial operation.
For buyers specifically evaluating the UAE market, explore our current yachts for sale in Dubai and contact YachtSales.net for the complete specifications, refit documentation, January 2026 technical survey and further information regarding this 38.5-metre charter investment opportunity.