BI Brokerage Boat of the Month: ASGARD

Following ASGARD’s recognition from BOAT International, Adam Papadakis details her significant potential for a new owner.

Every month, BOAT International spotlights one of the best-designed boats on the brokerage market, and we are delighted that Moravia CA ASGARD was selected for April’s Brokerage Boat of the Month. To mark this esteemed accolade, listing broker and Head of Sales Adam Papadakis answers some more in-depth questions about what the 42.8-metre sailing yacht ASGARD has to offer a new owner.

Today, Abeking & Rasmussen is not typically associated with sailing superyachts. What is the background to ASGARD’s design and build in 1993?

These days, everyone knows Abeking & Rasmussen as a superyacht builder – they build some brilliant and well-known motor yachts. But like other well-known northern European yards, they started long ago building sailing yachts and military vessels. Their build standards and specifications are highly regarded. In fact, when the owner of ASGARD decided to build a boat, they were one of few capable of constructing to his specifications and requirements.

ASGARD has had some regatta success in the past. How easy would it be for a new owner to take her onto the racecourse?

ASGARD is rigged as a cruiser racer and it really depends how the next owner would like to use her: as a casual campaign race or more competitively. There are many aspects that can be changed to scale back or elevate her performance. You can sail with just a spinnaker or you can start changing the winches for some more modern ones and then the sky’s the limit.

Would it be possible to charter ASGARD?

Absolutely. ASGARD has only been used privately to date, as far as I’m aware, but we have carried out feasibility studies for registering her as commercial. While it is doable, it depends of course which flag you choose. One straightforward option would be the Cook Islands flag and have private registration with commercial use, which would not be a very costly option. We have all the information, which we can provide to any potential new owner.

One of ASGARD’s standout features is her gorgeous skylights – one in the lower part of the split-level saloon and another in the master cabin. Are those original features?

These two skylights are synonymous with ASGARD. They’re characteristic of the yacht’s interior and they are an original design feature. There have been slight interior styling changes since her launch, but these were part of the original design and are a much-loved aspect.

What else stands out about her design?

ASGARD has all the features of a classic, quintessential sailing yacht with a top-tier, pedigree design by Winch Design on the interior and Bruce King on the exterior. Combining these different hallmarks of traditional yachting elegance, she has traditional mahogany wood panelling throughout the interior with whitewashed elements and detailing. As you move forward through the boat, there’s a split-level saloon, lounge sitting and a more formal dining area.

What sets ASGARD apart from other sailing yachts of similar size currently on the market?

It’s hard to find a boat that ticks so many boxes and brings together so many different aspects of design and specification into one single vessel. ASGARD is not just another cruiser or classic cruiser but has great performance. She has won her class in famous regattas like the Rolex Maxis and The Superyacht Cup in Palma. She matches many different operational profiles while still preserving the traditional aesthetic. She has all the amenities and luxury that one would expect from a yacht of this calibre.

To read BOAT’s feature on ASGARD, please click here.

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