Location - Montenegro

1994 Moody 38 CC Yacht | Panacea

Introducing Panacea, a beautifully crafted classic yacht built by Marine Projects (now Princess Yachts International) and designed by the esteemed Bill Dixon.

This stunning vessel, in great condition, is perfectly suited for short-handed sailing, making her an exceptional choice for couples or small families wishing to embark on unforgettable cruising adventures.

Her current owner has extensive marine industry experience as a naval engineer and sailing instructor, and has overseen extensive upgrades and maintenance to exacting standards, ensuring she is primed for her next journey.

The reliable 50hp Volvo engine, with just 1,595 hours and always meticulously serviced, features a new bronze stern bearing, engine mounts, rebuilt water pump, timing belt, and more. New Tek-Tank fuel and black water tanks enhance her functionality, while all skin fittings have been replaced with durable bronze.

A well-maintained teak cockpit provides an idyllic space to relax, complemented by a new bimini for sun protection. Equipped with a fully battened Selden rig, in-mast furling, and a Selden Genoa furler, Panacea glides through the water with a cruising speed of 6-7 knots.

Her classic design boasts a spacious master cabin aft, a comfortable double cabin V-berth and two bathrooms, a welcoming saloon, and a well-equipped galley featuring a new Force 10 cooker (2023) and modern fridge.

Electronics include VHF Icom MA423G and AIS for safe navigation. Two 110Ah batteries and solar panels ensure reliable power onboard. A set of spare anchors, jerry cans, and cruising equipment will be included for the new owner.

Currently moored in the picturesque Portonovi Marina in Montenegro, Panacea offers a safe and beautiful environment for her next owner. The berth is paid up until April 2025, ensuring a seamless transition.

This classic yacht, blending performance, comfort, and history, is ready to take you on your next sailing adventure. Contact us today to arrange a viewing and experience all that Panacea has to offer!

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