S/Y Margarita is now for sale!

Life doesn’t always follow the plan – and now it’s time for me to pass on a dream. This beautiful yacht wasn’t meant to be sold, but circumstances have changed, and I’m ready to let the next owner take her on new adventures.
All the details you need are available on this website, and if you have any questions or want to know more, I’m just a message away. Don’t hesitate to reach out – I’d love to help you discover if she’s the right match for you.

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

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

Now available for sale – choose the path that suits you best!

This exceptional yacht can be purchased either directly from me, the owner, or through my trusted broker. If you prefer to go via the broker, here is the link:

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

Prefer to buy directly from the owner?
You can purchase this unique yacht directly from me for €85,000, depending on what’s included in the final agreement. If you’d rather make an offer, that’s always welcome and appreciated.

This is a rare opportunity to own a truly remarkable vessel at a competitive price, with the flexibility to tailor the deal to suit your needs

S/Y Margarita is berthed in Pangkor Marina, Malaysia. 

1974 Formosa 51

MARGARITA – A Masterpiece Reimagined

MARGARITA is far more than a yacht – she’s the result of a true labour of love. Originally a classic Formosa, she has been transformed into a modern, high-tech vessel that seamlessly blends timeless craftsmanship with 21st-century innovation.

What began as a modest refit evolved into a full-scale rebuild, spanning over 18,000 hours of meticulous work between 2011 and 2015. Her entire interior was removed and rebuilt from the hull up. Most joinery is brand new, including all deckheads and soles. Custom tanks were installed, and 30mm foam insulation was added from the waterline upward for optimal comfort. The aft deck was raised by 40 cm to enhance headroom in the aft cabin – a thoughtful touch that reflects the owner's attention to detail.

Exquisite materials such as Teak, Mahogany, and Spruce were sourced from Burma, Papua New Guinea, Africa, and Sweden. Ornate carvings throughout the interior add a sense of artistry and heritage. A long-stroke, high-torque JCB engine was installed, paired with a controllable pitch 4-blade WEST MEKAN propeller – a combination that delivers both power and precision.

On Deck
MARGARITA features a solid stainless steel guardrail, deck prisms, butterfly hatches, belaying pins, and other classic cruising elements. The helm station, complete with a beautifully crafted table and seating area, offers both functionality and charm. She’s equipped with modern navigation systems and brand-new sails, making her fully prepared for long-range cruising.

Recent Update – September 2023
After a period of inactivity during the Covid years, the owner returned and invested another 1,000 hours to restore MARGARITA to pristine condition. The wooden masts were replaced with alloy rigs, and all high-quality fittings were carefully transferred to preserve her character and performance.

Today, MARGARITA stands as a rare opportunity for the discerning sailor – a vessel with soul, style, and substance, ready to embark on new adventures.