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S/Y Margarita a formosa 51 in here berth in Lankawie, Malaysia. Here owner was a UK guy and she was for sale!


A fat ass baby, but she looks good!


For me it was love at the first sight!

She looked good and I just wanted her and now the Voyage starts in double meaning.

What began as a modest restoration – replacing a few worn wooden parts and refreshing the varnish – quickly evolved into a full-scale rebuild. I simply couldn’t ignore the details once I saw them. One task led to another, and eventually, she was stripped down to a bare hull.
Between 2011 and 2015, over 18,000 hours of dedicated craftsmanship and significant investment transformed her into the exceptional sailing yacht she is today. Every element reflects the owner's vision: a seamless blend of elegance, comfort, and cutting-edge technology.
She’s not just a yacht – she’s a statement. A truly unique vessel built for those who appreciate quality, innovation, and timeless beauty at sea.

After the rebuild, our sailing adventure truly took off. We began by exploring the scenic South Korean Archipelago, navigating its calm waters and rugged coastlines. From there, we continued to Japan, where each harbor offered a unique blend of tradition and modern charm.
The Philippines greeted us with crystal-clear bays and vibrant island life, followed by Indonesia’s endless string of islands, rich in culture and natural beauty. Thailand offered a mix of tranquil anchorages and lively coastal towns, making it a favorite stop along the way.
And now, after years of unforgettable experiences and thousands of nautical miles, we’ve finally arrived in Malaysia – a new chapter in our journey, full of promise and discovery.

Everything started many years back when I decided to build myself on 53 foot Stay Sail Schooner!

After moving to China I had to sell her, but the sea hold my heart so June 2010 I find my self a new lady,

S/Y Margarita, one Formosa 51.


After many wonderful years of enjoyment, its time for me to part with my Margarita. Due to age and health considerations. I've made the difficult decision to offer here for sale.





Paul Stambeck