Image: Feadship
Feadship Resale has added the 47.5m Kassandra to its sales portfolio at €9.9m in joint central agency with Greek brokerage house Flagship Yachts.
Feadship Resale has added the 47.5-metre motor yacht Kassandra to its sales portfolio, bringing the 1989-built classic back to market through a joint central agency with Greek brokerage house Flagship Yachts. Flagship Yachts is currently advertising the yacht at €9.9 million, giving the campaign a defined asking price as Feadship takes a direct role in representing one of its earlier custom builds.
Known to Feadship as hull 756, Kassandra was delivered in 1989 under the name Anastasia Ve. Feadship's historical fleet record lists the yacht at 46.50 metres in her original specification, while the current resale announcement gives a present length of 47.50 metres; Superyacht Guide therefore uses the current sales length for this article.
The listing places a classic Feadship directly inside the builder's own resale operation rather than relying solely on a conventional brokerage campaign. Feadship has been expanding this part of its lifecycle support, using its build knowledge and long-term familiarity with individual yachts as part of the service offered when older vessels return to the market.
Flagship Yachts currently lists Kassandra at €9.9 million, positioning the yacht in a part of the brokerage market where build pedigree, refit history and ongoing maintenance can have as much influence on value as age alone. The asking price also places the yacht alongside a relatively limited pool of large classic Northern European motor yachts that have undergone substantial later investment.
For buyers, the sales proposition is therefore not simply a 1989 delivery offered on historical reputation. The campaign combines the yacht's original Feadship construction with a major 2022 refit, a recent charter operating history and representation involving both the original builder's resale division and an established Mediterranean brokerage house.
Feadship says Kassandra underwent a comprehensive refit in 2022 that combined major technical upgrades with extensive work to the interior. That programme is central to the current sales proposition because it brings a yacht delivered more than three decades ago into the market with significant later investment already completed.
The refit was followed by the yacht's introduction to the charter market, giving Kassandra a more recent operating history in commercial guest service rather than purely private use. For a buyer considering a classic pedigree yacht, that combination of established construction and a comparatively recent refit can be as relevant as the original build date.
The current Feadship announcement lists accommodation for 12 guests in seven staterooms, including a full-beam master stateroom on the main deck. That is a flexible guest layout for a yacht of this size, particularly for buyers who intend to continue charter use or regularly cruise with larger family groups.
Outdoor guest areas are distributed across four decks, while the yacht retains a full-displacement steel hull and long-range cruising capability. The combination gives Kassandra the seagoing character associated with her generation of Feadship construction while providing the deck capacity expected from a contemporary Mediterranean cruising programme.
The yacht is being offered in joint central agency by Feadship Resale and Dimitris Kalafatis of Flagship Yachts. Feadship describes the partnership as combining its direct knowledge of the yacht with the Greek brokerage house's market experience and established Mediterranean presence, giving the campaign both technical continuity and regional sales reach.
Flagship Yachts specialises in new-build and second-hand motor-yacht brokerage from its base in Greece. Its involvement is particularly relevant for a yacht that has been active in the Mediterranean and entered the charter market after the 2022 refit, while Feadship remains connected to the vessel through its original build history and dedicated resale operation.
Kassandra arrives on the market as original builders take a more active role in the later lives of their yachts. Feadship presents resale as part of a broader lifecycle relationship that also includes refit and service support, allowing the organisation to remain involved long after a yacht's original delivery.
That gives this listing a different character from a straightforward brokerage announcement. The yacht's 1989 provenance, 2022 refit, seven-stateroom layout, €9.9 million asking price and joint builder-broker representation make Kassandra a clear example of how classic custom yachts are being repositioned for a modern resale market.
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