Yachts can become a “collector’s item,” too. There aren’t many classic yachts available that were completely restored, keeping their timeless character, so each one is a treasure that should be appreciated as such.
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Acclaimed shipbuilding brands in the Netherlands, Germany, and Italy can be considered the equivalent of reputable car brands in the yachting world. Connoisseurs will appreciate the beauty and value of a Benetti classic, for example, such as Odyssey III. This vessel started its life in 1967 as Admiral Bolitho, part of the Italian shipyard’s well-known Mediterraneo 33 series. Its second life would begin in 2016 when a major restoration process was initiated.
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That was due to the fact that the ship’s new owners were the Sykes family. Owners of the historic Sledmere house in Yorkshire, they understand the value of a historical masterpiece. UK’s Pendennis Shipyard was in charge of the transformation. It was a complex effort, going from reinforcing the vessel’s structural integrity and upgrading all of its systems to modernizing the living spaces.
The reborn 108-footer (33 meters) got new teak decks, new audio-visual systems, underwater lights, plus at-anchor stabilizers. Two double suites and two twins can sleep up to eight guests. It’s as welcoming as any modern charter yacht, featuring a generous main salon, al-fresco dining and barbecue, and a well-equipped galley. But it also maintains a classic interior style that speaks of its former glory.
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With all the major systems onboard upgraded, Odyssey III can cruise comfortably at 13 knots (14.9 mph/24 kph). One of its new features is a side-boarding ladder for easier access to and from the water, a design feature that was actually used for early Feadship yachts, according to Elevated Magazines.
Since 2018, the majestic Odyssey III has operated as a successful luxury charter yacht. If anyone wants to keep this classic jewel for themselves, it’s available for sale through Camper & Nicholsons for £6.25 million ($7.6 million).
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