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Mangusta Oceano 43 yacht Namastè sold

Market
Written by
Saskia Henn

Built in 2016 by Overmarine Group as a unit of the Mangusta Oceano 43, the 42.3-metre motor yacht Namastè has been sold, thanks to Ralph Navarro from Florida Yachts International representing the buyer and Overmarine representing the seller. 

Namaste runningThe Italian shipyard oversaw Namastè’s naval architecture, while her interior and exterior designs are the work of Alberto Mancini Yacht Design. Characterising Namastè is the distinct lack of barriers between her interior and exterior. Floor-to-ceiling sliding glass windows surround the main saloon, providing a stunning backdrop with sea views. Aside from her two saloons, guests can also choose to gather in the dining area and enjoy food and drink from the generously-equipped galley. 

Namaste dining area

Namaste saloonMotor yacht Namastè sleeps up to 12 guests across five staterooms, comprising a master suite with a private balcony, two double cabins and two twin cabins. With modern lighting from under the beds and behind walls, her sleek design provides guests with a calming and private place to retreat after a day in the sun. 

Namaste owner's cabin

Namaste exterior balconyAcross her three decks, guests will find numerous places to relax. The sundeck offers U-shaped seating in addition to the forward bar and sunbathing space. A standout feature on the decks is the glass-panelled tables built into the ground, which act as a skylight for the rooms below. 

Namaste sundeckAn al fresco dining area is located on the aft deck, offering an intimate location hidden from the marina crowds. The foredeck is home to an infinity pool surrounded by sun pads and a forward-facing settee overlooking the wet area. 

Namaste upper aft deck Powered by two MTU 12V 2000 M72 diesel engines, Namastè is able to cruise at 11 knots with a maximum speed of 15 knots. 

Namaste swimming poolAt the time of the sale, motor yacht Namastè had an asking price of €18,000,000

Namaste aerial

Market statistics courtesy of SuperYacht Times iQ  
- In 2018, Italy-built yachts sold at an average asking price of €11.7m, equivalent to €33,070 per GT  
- Last year, Overmarine-built yachts sold at an average asking price of €6.4m, or €20,040 per GT  
- During 2018, yachts built between 2014 and 2018 sold at an average asking price of €30m equivalent to €45,070 per GT  
- In 2018, yachts in the 40-44-metre range sold at an average asking price of €8.7m or €26,780 per GT  

Specific statistics courtesy of SuperYacht Times iQ 
- Yachts built circa 2016 in Italy measuring around 42m sold at an average asking price of €16.1m or €35,310 per GT  

Comparable sales courtesy of SuperYacht Times iQ 
- Cheers 46, a 2014 42-metre Benetti yacht, had a last asking price of €11.85m equivalent to €30,385per GT
- E-Motion, a 2016 40.05-metre Sunseeker yacht, had a last asking price of €13.97m equivalent to €41,331 per GT  
- Cyclone a 43.7-metre Tansu yacht, had a last asking price of €12.5m equivalent to €37.879 per GT  

Similar yachts for sale on SuperYacht Times 
- Out of the 272 Benetti Yachts, there are 73 Benetti yachts for sale at an average asking price of €10.1m
- Out of the 135 Sunseeker Yachts, there are 31 Sunseeker yachts for sale at an average asking price of €8.3m  
- Out of the 111 Overmarine Yachts, there are 39 Overmarine yachts for sale at an average asking price of €10.1m

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