Image: Camper & Nicholsons
Camper & Nicholsons has confirmed the sale of the 37.04m Custom Line KIKI V, a 2020 Navetta 37 originally delivered under the name TELLI.
Camper & Nicholsons has confirmed the sale of the 37.04-metre Custom Line motor yacht KIKI V in its third-quarter 2026 sold-yachts record. The yacht was delivered in 2020 as the ninth hull in the Navetta 37 series, which was the flagship of Custom Line’s semi-displacement range when she entered service.
KIKI V was originally delivered under the name TELLI and has a specification that Camper & Nicholsons describes as unusually comprehensive for the model. The brokerage has not published the final transaction price, so the sale should be treated as a confirmed change of market status rather than an invitation to infer a closing value from earlier asking prices.
The Navetta 37 was developed around long-range cruising and substantial interior volume within a 37-metre platform. KIKI V’s 2020 delivery places her among the later examples of the series, after the design had already established itself as an important part of Custom Line’s move toward larger semi-displacement yachts.
Camper & Nicholsons notes that the yacht was originally delivered for the chief executive of the Ferretti Group, a detail that helps explain the emphasis placed on her specification. Yachts built for highly experienced industry owners can attract particular attention on the brokerage market because equipment choices and operational details may have been considered from a more technical ownership perspective.
Transactions in the 30-40 metre segment are useful indicators because the market includes both serial-production platforms and heavily customised yachts. Buyers can compare several near-sister ships while still placing meaningful value on maintenance history, refit work, equipment level and the individual layout of each yacht.
A confirmed sale also matters more than a listing when assessing market liquidity. Asking prices show seller expectations, while completed transactions demonstrate that a buyer and seller were able to reach terms, even when the final price remains private as it does in this case.
For Superyacht Guide, the KIKI V transaction will be treated as a market event rather than only as a news headline. Recording the sale date, source, prior identity and known specifications alongside the yacht record helps build a longer-term history that can later be compared with future listings, price changes and subsequent sales.
This is particularly valuable for production-derived yachts such as the Navetta 37, where multiple comparable vessels may come to market over time. A structured transaction history can reveal how age, specification, maintenance and timing affect liquidity even when confidential sale prices prevent a complete valuation comparison.
Camper & Nicholsons’ sold-yachts page confirms the yacht and transaction but does not disclose the closing consideration. Superyacht Guide will therefore not publish an estimated sold price as fact, and any future valuation work should distinguish clearly between verified asking prices, broker-reported reductions and actual completed transaction values.
The confirmed sale nevertheless provides a useful market signal for owners of comparable Custom Line yachts. KIKI V has moved from active brokerage inventory into the sold category, and the transaction adds another current reference point for the performance of high-specification semi-displacement yachts in the upper-30-metre segment.
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