Zeus I Yacht News & Events

United Kingdom

Burgess

Monaco

Yachting Partners International

Zeus I

The Monaco Yacht Show 2023, one of the most prestigious displays of superyachts in the world, will take place in September in Port Hercules. Throughout its 30-year existence the show has delivered a luxurious experience, hosting the biggest industry names and numerous exquisite yachts, with gala evenings and cocktail parties for those who opt for the Sapphire Experience.

Monaco Yacht Show 2022 

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Monaco Yacht Show

Monaco Yacht Show 2021

Zeus I yacht cruising

Zeus I yacht saloon

Zeus I yacht deck plans

The 49.9-metre <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Overmarine Group SPA (Company)">Overmarine</a> motor yacht <a data-gid="gid://syiq/Yacht/2947" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zeus I49.9m (163'9&quot;)Overmarine Group SPA2009">Zeus I</a> is for sale. The <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> was launched by the Italian shipyard in 2009 as part of the Mangusta 165 series. <img src="https://photo-assets.superyachttimes.com/photo/286792/image/large-7adbd649be9d573e0bbc11dfcae80c8f.jpg" data-gid="gid://syiq/Photo/286792">The 488 GT sport yacht features an exterior design from <a data-gid="gid://syiq/Company/254" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Stefano Righini Design (Company)">Stefano Righini Design</a>, while her builder completed her naval architecture. The yacht's interior features glossing varnished wood and cream furnishings. The main saloon features a lounge to starboard and a bar to port, with a dining area amidships. <img src="https://photo-assets.superyachttimes.com/photo/220377/image/large-1f669e02b40086ba78500da9b9ba01d9.jpg" data-gid="gid://syiq/Photo/220377"><img src="https://photo-assets.superyachttimes.com/photo/220378/image/large-57ada7c6370a1c6078c269bc9325d1b3.jpg" data-gid="gid://syiq/Photo/220378">The <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> can accommodate as many as 12 guests between five staterooms, all of which are ensuite, with a VIP suite in the bow, and two doubles and two twins located on the lower deck. <img src="https://photo-assets.superyachttimes.com/photo/220373/image/large-e63233bc60bf9886da7df3caa21f2b92.jpg" data-gid="gid://syiq/Photo/220373">On deck, the yacht has a spacious aft deck with a lounge area and dining table for her 12 guests. There is an additional helm statin on her flybridge, as well as sunpads on her foredeck. <img src="https://photo-assets.superyachttimes.com/photo/220367/image/large-a46adacf758699daf581990ca5bfaf38.jpg" data-gid="gid://syiq/Photo/220367"><img src="https://photo-assets.superyachttimes.com/photo/220366/image/large-e2fad016cfb1846d251efe7f2c2f3418.jpg" data-gid="gid://syiq/Photo/220366">The <a href="https://www.superyachttimes.com/yachts/overmarine/for-sale" rel="noopener noreferrer" target="_blank" title="">Overmarine yacht for sale</a> has a top speed of 37 knots and a cruising speed of 25 knots.

Overmarine yacht Zeus I for sale

The 50m Overmarine motor yacht Zeus I is for sale.

50m Overmarine motor yacht Zeus I for sale

Iconic Italian yacht builder <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Overmarine Group SPA (Company)">Overmarine</a>, better known under the Mangusta brand name, has delivered 99 yachts over 30 metres since its creation in 1985. Over the past three decades, <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Overmarine Group SPA (Company)">Overmarine</a> has specialised in producing fast luxury motor yachts to become a leader in its category. In 2016, the shipyard decided to enter the displacement market with the launch of the 43-metres&nbsp;<a data-gid="gid://syiq/Yacht/5874" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Namaste42.3m (138'9&quot;)Overmarine Group SPA2016">Namaste</a>. Another new step was taken in 2018 with the delivery of <a data-gid="gid://syiq/Yacht/6048" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="El Leon54.0m (177'2&quot;)Overmarine Group SPA2018">El Leon</a>, a full aluminium built fast-displacement yacht.&nbsp;These 99 yachts have a total length of 3,632 metres, an average length of 36.7 metres and an average volume of 239 gross tonnes (GT). In the past ten years, the shipyard has completed a total of 28 motor yachts.<img src="/uploads/store/photo/89406/image/large-4f0b2e4c9bf245751f73c791d5db54c4.jpg" data-gid="gid://syiq/Photo/89406">Used MarketThere are currently 29 used <a href="https://www.superyachttimes.com/yachts/overmarine/for-sale" rel="noopener noreferrer" target="_blank" title="">Mangusta yachts for sale</a>. This represents 29.3% of the <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Overmarine Group SPA (Company)">Overmarine</a> fleet in operation. This percentage of <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yachts for sale</a> is higher than the market average for used motor <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yachts for sale</a> with a GRP hull and a length between 30 and 50 metres, which stands at 23.9%. The total combined length of the used <a href="https://www.superyachttimes.com/yachts/overmarine/for-sale" rel="noopener noreferrer" target="_blank" title="">Mangusta yachts for sale</a> is 1,082 metres with an average length of 37.3 metres and an average volume of 252GT.The average price of a yacht on the used <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Overmarine Group SPA (Company)">Overmarine</a> yacht market right now is €5.99 million per yacht or €24,000 per GT. &nbsp;If we just focus on the six used <a href="https://www.superyachttimes.com/yachts/overmarine/for-sale" rel="noopener noreferrer" target="_blank" title="">Mangusta yachts for sale</a> built completed from 2010 onwards, the asking price per GT comes to an average of €33,000.On average, <a href="https://www.superyachttimes.com/yachts/overmarine/motor/30.0m+/for-sale" rel="noopener noreferrer" target="_blank" title="">Mangusta yachts for sale</a> have been on the market for 457 days. Thirteen years is the average age of these yachts currently available. The most recent <a href="https://www.superyachttimes.com/yachts/overmarine/for-sale" rel="noopener noreferrer" target="_blank" title="">Overmarine yacht for sale</a> is the Mangusta Oceano 46 <a data-gid="gid://syiq/Yacht/1897" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Q9545.5m (149'3&quot;)Overmarine Group SPA2018">Q95</a> delivered in 2018, while the oldest is the Mangusta 100 <a data-gid="gid://syiq/Yacht/2319" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alchemist30.2m (99'1&quot;)Overmarine Group SPA1996">Alchemist</a> from 1996.How do the numbers for these <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yachts for sale</a> compare to similar <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yachts for sale</a> built by other yards? <a href="https://www.superyachttimes.com/yachts/overmarine/for-sale" rel="noopener noreferrer" target="_blank" title="">Overmarine yachts for sale</a> have slightly bigger averages compared to the market for similar yachts. The average length is 35.6 metres per unit and the average gross tonnage is 243. At the same time, the pricing of used <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yachts for sale</a> competing with <a href="https://www.superyachttimes.com/yachts/overmarine/for-sale" rel="noopener noreferrer" target="_blank" title="">Mangusta yachts for sale</a> is slightly higher at an average of €6.1 million per yacht or €25,000 per GT. In terms of average days on market, used <a href="https://www.superyachttimes.com/yachts/overmarine/for-sale" rel="noopener noreferrer" target="_blank" title="">Mangusta yachts for sale</a> compare favourably at an average of 457 days versus 741 days for the total fleet of comparable used <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yachts for sale</a>.<img src="/uploads/store/photo/57489/image/large-4cfd5176958337c1c2276ed0424585c3.jpg" data-gid="gid://syiq/Photo/57489">Comparison with other buildersHow do used <a href="https://www.superyachttimes.com/yachts/overmarine/motor/30.0m+/for-sale" rel="noopener noreferrer" target="_blank" title="">Overmarine yachts for sale</a> built from 2010 onwards compare with similar used <a href="https://www.superyachttimes.com/yachts/in-grp/motor/30.0m-50.0m/for-sale/2010+" rel="noopener noreferrer" target="_blank" title="">yachts for sale</a> from a selection of other well-known yards also building GRP-hulled motor yachts with a length of between 30 and 50 metres?There are 16 used <a href="https://www.superyachttimes.com/yachts/custom-line/in-grp/motor/30.0m-50.0m/for-sale/2010+" rel="noopener noreferrer" target="_blank" title="">Custom Line yachts for sale</a> in this category. They have an average asking price of €8.4 million per yacht, an average volume of 221GT and an average asking price per GT of €38,000. These <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yachts for sale</a> have been on the market for an average of 398 days.In the same category, buyers can choose from 18 used <a href="https://www.superyachttimes.com/yachts/sunseeker/in-grp/motor/30.0m-50.0m/for-sale/2010+" rel="noopener noreferrer" target="_blank" title="">Sunseeker yachts for sale</a>. Their average asking price per yacht is €9.3 million with an average volume of 274GT and an average asking price per GT of €34,000. These <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yachts for sale</a> have been on the market for 573 days on average.Another Italian brand active in this market segment is <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>. With five used <a href="https://www.superyachttimes.com/yachts/pershing/for-sale" rel="noopener noreferrer" target="_blank" title="">Pershing yachts for sale</a> built from 2010 onwards, their average asking price is €8.6 million at an average volume of 183GT. Their average asking price per GT is €47,000 and they have been on the market for an average of 1,124 days.Staying in Italy with GRP-hulled yachts, we take a look at used <a href="https://www.superyachttimes.com/yachts/azimut/for-sale" rel="noopener noreferrer" target="_blank" title="">Azimut yachts for sale</a> in this category. There are currently nine used <a href="https://www.superyachttimes.com/yachts/azimut/in-grp/motor/30.0m-50.0m/for-sale/2010+" rel="noopener noreferrer" target="_blank" title="">Azimut yachts for sale</a> built from 2010 onwards. They have an average asking price of €5.5 million, an average volume of 194GT and an average asking price per GT of €28,000. They have been on the market for an average of 512 days.<img src="/uploads/store/photo/90438/image/large-8ca0a47387c3ee419fc80a323427a12d.png" data-gid="gid://syiq/Photo/90438">New yachts coming on the market per yearIn the last two years and a half, up to nine used 30-meters plus yachts built by <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Overmarine Group SPA (Company)">Overmarine</a> came on the market per quarter. The last quarter of 2018 and first quarter of 2019 saw the highest number of used <a href="https://www.superyachttimes.com/yachts/overmarine/for-sale" rel="noopener noreferrer" target="_blank" title="">Mangusta yachts for sale</a> on the market with respectively 9 and 8 units. For the two first quarters of 2019, twelve used <a href="https://www.superyachttimes.com/yachts/overmarine/for-sale" rel="noopener noreferrer" target="_blank" title="">Mangusta yachts for sale</a> been newly listed.<img src="/uploads/store/photo/90437/image/large-57da7ebed910450949f271d48a0bce9c.png" data-gid="gid://syiq/Photo/90437">The most recent <a href="https://www.superyachttimes.com/yachts/overmarine/for-sale" rel="noopener noreferrer" target="_blank" title="">Overmarine yacht for sale</a> listed was the 49.9-metre Mangusta 165 <a data-gid="gid://syiq/Yacht/1880" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Samhan49.9m (163'9&quot;)Overmarine Group SPA2008">Samhan</a>, which came on the market in late June 2019.&nbsp;Yachts sold&nbsp;In the past two and a half years, a total of 19 used 30-metre plus <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Overmarine Group SPA (Company)">Overmarine</a> built yachts were sold including six of them sold in 2017 and seven in 2018. A total of six used <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Overmarine Group SPA (Company)">Mangusta</a> yacht sales have been reported during the second quarter of 2019.<img src="/uploads/store/photo/90436/image/large-7a24a0c9342b8ba6b2f8b05aaa57bc87.png" data-gid="gid://syiq/Photo/90436">If we look at the used <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Overmarine Group SPA (Company)">Overmarine</a> yachts sold in the last two years and a half, then they were on the market for an average of 643 days. For the total used GRP built yachts sold in the last two years and a half in the size range of 30 to 50-metres, this average stood at 468 days.The nineteen <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Overmarine Group SPA (Company)">Mangusta</a> yachts sold in the last two years and a half represented a total value of €110 million in terms of final asking prices. Their average last asking price was €6.6 million per yacht or €21,900 per GT. The largest <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Overmarine Group SPA (Company)">Mangusta</a> yacht sold in this time period was the 49.9-metre <a data-gid="gid://syiq/Yacht/5872" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Incognito49.9m (163'9&quot;)Overmarine Group SPA2016">Incognito</a>, sold in April 2019, which was also the highest valued <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Overmarine Group SPA (Company)">Mangusta</a> yacht to be sold, with a final asking price of $24,995,000. &nbsp;<img src="/uploads/store/photo/89299/image/large-e293cb85c7d6fe8b4e27035ebdb5cafa.jpg" data-gid="gid://syiq/Photo/89299">Top 5&nbsp;<a href="https://www.superyachttimes.com/yachts/overmarine/motor/30m+/for-sale" rel="noopener noreferrer" target="_blank" title="">Mangusta&nbsp;Yachts for Sale</a>The five largest <a href="https://www.superyachttimes.com/yachts/overmarine/motor/30.0m+/for-sale" rel="noopener noreferrer" target="_blank" title="">Mangusta yachts for sale</a> right now are:<a data-gid="gid://syiq/Yacht/1897" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Q9545.5m (149'3&quot;)Overmarine Group SPA2018">Q95</a> - 45.5m - 498GT - 2018 - €25,500,000 (€51k per GT)<a data-gid="gid://syiq/Yacht/2951" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Miss Moneypenny V49.9m (163'9&quot;)Overmarine Group SPA2012">Miss Moneypenny V</a> - 49.9m - 488GT - 2012 - $17,995,000 ($37k per GT)<a data-gid="gid://syiq/Yacht/1880" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Samhan49.9m (163'9&quot;)Overmarine Group SPA2008">Samhan</a> - 49.9m - 488GT - 2008 - $17,500,000 ($36k per GT)<a data-gid="gid://syiq/Yacht/2949" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rush49.9m (163'9&quot;)Overmarine Group SPA2010">Rush</a> - 49.9m - 488GT - 2010 - €15,300,000 (€31k per GT)<a data-gid="gid://syiq/Yacht/2949" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rush49.9m (163'9&quot;)Overmarine Group SPA2010">Zeus I</a> - 49,9m - 488GT - 2009 - €14,950,000 (€30k per GT) <a href="https://www.superyachttimes.com/market-intelligence" rel="noopener noreferrer" target="_blank" title="">SuperYacht Times iQ</a> is our live market intelligence system and our subscribers have live access to all this data and intelligence, as well as much more insight. If you are interested in a demonstration, then please <a href="mailto:sales@superyachttimes.com" rel="noopener noreferrer" target="_blank" title="">contact us</a>. Besides the online intelligence system, the new market report <a href="https://shop.superyachttimes.com/report/superyacht-times-the-state-of-yachting-2019" rel="noopener noreferrer" target="_blank" title="">The State of Yachting 2019</a> is available for purchase.

Overmarine’s performance on the used yacht sales market

In this series of articles the SuperYacht Times intelligence team analyses the used Overmarine Mangusta yacht market and sales. 

SYT iQ: Overmarine's performance on the used yacht sales market

Burgess have announced their appointment as (joint) Central Agents for the sale of three beautiful superyachts. A stunning 2009 delivery from the sought-after Mangusta 165 range and one of the largest open yachts in the world, Zeus combines speed with Italian flair and styling. A guaranteed head-turner, the yacht’s sleek exterior was designed by Stefano Righini while The Yianis Group has provided a sumptuous interior of neutral tones accented with dark woods and leather.<img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/132273/image/large-7c5eb270e30b75fa04c053a04fcdeaa5.jpg" data-gid="gid://syiq/Photo/132273"><a data-gid="gid://syiq/Yacht/2947" data-legacy="true" href="#managed-by-application">Zeus</a> is equipped with the latest audiovisual and entertainment capabilities throughout, and this includes a dedicated cinema suite. Luxuriously appointed accommodation for 12 guests is provided on the lower deck in a full-width master suite with two ensuite bathrooms and a private office; three double guest suites and one triple suite with pullman, all with bathroom en suite.Powered by triple MTU waterjets to top speeds of 37 knots and carrying a comprehensive inventory of watersports equipment, Zeus is fully equipped to guarantee her new owner a luxurious lifestyle on board, with a healthy dose of speed, style and fun to match!Zeus has an asking Price of €27,500,000<img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/132274/image/large-456669e50e07387da7ad47c955f7c1bc.jpg" data-gid="gid://syiq/Photo/132274"><a data-gid="gid://syiq/Yacht/1491" data-legacy="true" href="#managed-by-application">Freedom</a> is an 37.7m (123.8ft) classic, aluminium-hulled Sparkman &amp; Stephens Pichiotti ketch that was built for long range cruising capabilities. She was built in 1986 by Picchiotti SpA in Italy, and has had a major 'top to bottom’ refit in 2003/4.Freedom features accommodation for 8 guests, in a spacious master stateroom (with separate private owner’s study) and three well-proportioned en suite guest cabins configured as one double and two twins. She has expansive deck spaces that include a massive aft deck which is ideal for sunbathing and a large covered dining area that can seat up to 12 guests.She is on the market for US$7,900,000<img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/132275/image/large-8780dce2ef43c5b2eaac3cfc8d474f4e.jpg" data-gid="gid://syiq/Photo/132275">The third in the sought after Amels Tigre d'Or series, with design by Terence Disdale, <a data-gid="gid://syiq/Yacht/851" data-legacy="true" href="#managed-by-application">Tigre d'Or</a> has been maintained to exacting standards since her delivery and now offers an exceptional purchase opportunity. In excellent condition and fully prepared for extensive cruising, Tigre d'Or benefited from a detailed refit in 2007/8 during which time she was fully repainted, all interior owner and guest areas were refurbished and new generators were installed. In 2010 the hull has again been repainted to maintain her top quality finish.Tigre d'Or boasts excellent volume with well proportioned guest areas throughout and stunning interiors of light oak, lavish marbles and lacquered furnishings. Accommodation is provided for 12 guests. The full beam master suite with private lounge, study and dressing room is located on the main deck, adjacent to a separate twin cabin with ensuite, which is perfectly suited for children, staff or additional guests. Four luxurious staterooms on the lower deck provide flexible accommodation for up to eight guests in two double and two twin cabins. For greater flexibility, the double cabins are easily converted into one full beam VIP cabin with private lounge and twin bathrooms en suite.The yacht features fantastic decks with plentiful lounging and dining areas along with a full inventory of watersports equipment, ensuring the yacht’s enduring popularity as either a private or charter operation.Tigre d'Or is on the market for US$27,500,000.

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