S/Y Margarita is now for sale!

This was not my idea from the beginning, but things happen in live that you can’t control and now it has happened to me so I just have to leave my dream to next person.

You will find all the information you need in this webpages  and if you need anything more do not hesitate to contact me.

By email: paul.stambeck@arsite.se or paul.stambeck@symargarita.com 

Or by phone: +8613911018297 or +46708196463. WhatsUp+46708196463

You can buy the boat in 2 ways, through my broker or directly from me, the owner. If you choose a broker, the price today is USD165,000, price reduced from 185,000.

https://www.yachtworld.com/yacht/1974-formosa-51-6693145/

If you instead choose to buy directly from me, the price is USD 135,000 depending on what is included.

S/Y Margarita is berthed in Pankor marina, Malaysia. 

1974 Formosa 51

MARGARITA has been the epitome of ’a labour of love'.  Her owner has transformed the yacht, she now boasts many high tech solutions, effectively bringing this Formosa into the 21st century.   What started as a minor refit became a huge affair amounting to some 18,000 labour hours between 2011 and 2015.  The yacht had her whole interior removed and most joinery is new including all deckheads and soles.  New tanks were installed, new 30mm foam insulation from the waterline up, the aft deck was raised by 40cm to increase the headroom in the aft cabin.  Teak, Mahogany and Spruce woods were imported from Burma, Papua New Guinea, Africa and Sweden.  Ornate carvings are abundant.  A new engine was installed, a long stroke, high torque JCB engine was chosen and has proved to have been an excellent choice.  The 4 blade WEST MEKAN propeller is a controllable pitch prop. 

On deck you will note a solid stainless steel guardrail, deck prisms, butterfly hatches, belaying pins and other great cruising features.  The helm and adjacent table and seating is beautiful.  A good array of up to date navigation aids, brand new sails, the yacht is a very ready prospect for the long range sailor.

September 2023 UPDATE; The yacht had been left unattended during Covid and upon his eventual return to his yacht Paul set about with 1000 hours work to put right all manner of degradation.  He also decided to replace the wooden masts with alloy, two second hand rigs and moved all existing high quality fittings across from the wooden masts.  The yacht stands again in exemplary condition.