The vintage 40.8-metre gaff-rigged schooner Altair has been listed for sale with Barney Sandeman of Sandeman Yacht Company, who describes her as, "arguably the boat that started the classic yacht revival of the past 30 years with her restoration in 1987 by Southampton Yacht Services".
Designed by William Fife Junior ("III") and built on the Clyde by William Fife & Son, Fairlie, the teak-on-oak schooner was launched in May 1931. She underwent another restoration at Fairlie Restorations in the UK from 2007 to 2008, under Lloyd's supervision, and a further refit in New Zealand from 2020 to 2022.
Sandeman pointed out that "her dimensions have allowed for the modern comforts that a smaller classic will not, all discreetly concealed and allowing her to cruise anywhere". The air-conditioned original French polished walnut interior has authentic, original panelling, door furniture and bathroom fittings from 1931. Accommodation includes an owner's suite, guest VIP suite, small double cabin, two guest single cabins, a skipper's cabin and crew quarters for seven.
From the spacious deckhouse, situated above the engine room, companionway steps descend to a corridor from which the principal accommodation is accessed. A doorway forward opens to the main saloon that is panelled and magnificently furnished with seating both sides, cabinets and a dining table to starboard. On deck, a varnished teak table can seat up to 10 for a formal meal.
Displacing 155 tonnes, the yacht for sale boasts a 275hp Gardner turbo diesel, fitted in 1987, giving her a maximum speed of 9 knots under power. She is one of the few classic yachts afloat with unbroken Lloyd's classification, having passed her survey in 2021.
Her tenders include an original 6.4-metre, Fife clinker teak launch from 1931, with a 12hp inboard engine, as well as a 1987 J Perry copy of her original 4.3-metre clinker wooden tender. A 4.8-metre Ribtech with 150hp outboard, from 2018, completes the inventory.
Lying in Spain, Altair is asking €6,500,000.