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Classic 48m Feadship superyacht Carolina sold

Market
Written by
Laura Nicholls

Built in 1997, the 48.2-metre Feadship superyacht Carolina has been sold, thanks to Northrop & Johnson sales broker Hank Halsted representing the buyer and Mark Elliott of IYC representing the seller. Previously named Katrion by her original owner and then Noa VII, Carolina showcases naval architecture by De Voogt Naval Architects and exterior design by Guido de GrootNoa VII in the Caribbean Photo: Benoit Donne

After receiving a refit in 2014, Carolina and her five staterooms for up to 12 guests originally designed by John Munford Design, are well-maintained. The stateroom layout consists of a full-beam master suite located forward with a large ensuite with Jacuzzi, closet, desk and private owner’s study forward of the entrance foyer which can convert into a children’s playroom, massage room or private bar. The lower deck is home to two queens and two twin staterooms with Pullmans, all with entertainment systems and ensuites. Noa VII in the Caribbean Photo: Benoit Donne

Decorated with marble accents, luxury soft furnishings, Anigre and Madrona burr woods and art deco motifs throughout, guests can also enjoy the sky lounge and large dining area in the main saloon. Outside, features include the swim platform, dive lazarette and sun deck with seating, sun pads, gym area, Jacuzzi and BBQ. 

Northrop & Johnson Sales Broker Hank Halsted commented “In sum, this was an exceptional transaction on an exceptional yacht. The buyer and seller are vastly experienced yachtsmen and were each represented by professionals at the top of their game. From the "A" team at Patton Marine Surveyors, to the Caterpillar professionals at Pantropic, Performance Marine and On Site Diesel, the Attorneys at Alley-Maass, JBA yacht management and Carolinas extremely professional captain and crew, this transaction has been a shining example of yacht brokerage at its best.”

Guests have access to the storage area for a 6.5-metre tender port aft of the wheelhouse. A crew of up to 10 can power the twin CAT engines to cruising speeds to up to 13 knots to a transatlantic range of 4300nm. 

At the time of sale, Carolina had an asking price of $14,900,000 which is equivilent to or €26,452 per GT.

Market statistics courtesy of SuperYacht Times iQ  
- In 2018 The Netherlands built yachts sold at an average asking price of €19.9m equivalent to €31,450 per GT  
- Last year, Feadship build yachts sold at an average asking price of €21.2m or €34,773 per GT  
- During 2018, yachts built between 1995 and 1999 sold at an average asking price of €3.1m equivalent to €14,046 per GT  
- In 2018 yachts in the 46-50-metre range sold at an average asking price of €13.1 or €25,746 per GT  

Specific statistics courtesy of SuperYacht Times iQ  
- Yachts built circa 1997 in The Netherlands measuring around 48m sold at an average asking price of €6.9m or €15,795 per GT  

Comparable sales courtesy of SuperYacht Times iQ  
- Sea Racer a 2001 46.63-metre Feadship yacht had a last asking price of €13.3m equivalent to €25,775 per GT  
- Deep Blue II a 1996 43.7-metre Oceanco had a last asking price of €6.1m equivalent to €13,863 per GT  
- Ten Feadship yachts were sold last year for an average asking price of €12.2m  
- Today there are 41 Feadship yachts for sale at an average asking price of €19.6m  

The SuperYacht Times iQ Report

SuperYacht Times - The State of Yachting 2019

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