The 37.3-metre classic motor-sailing yacht Cassiopeia is newly listed for sale with Tim Langmead of Fraser.
Originally built of triple plank iroko and mahogany on oak frames by Torre Del Greco as a commercial vessel in 1939, she was converted for yacht use in the 1960s by the Fiat family. Her superstructure is built of teak and her silhouette is said to be recognised by many along the Sardinian coastline.
Cassiopeia completed a thorough 10-year refit in 2024, every plank having been inspected, replaced and refastened, "making her hull as good as new". Her hull was also repainted and brightwork varnished.
Accommodation is provided for seven guests in four air-conditioned cabins with the full-width owner's cabin aft and there are quarters for a crew of five. One guest cabin is positioned just forward of the owner and the two twin guest cabins are located forward of the saloon.
Out on deck, the wheel is positioned right aft and guests have ample space to spread out from the secure seating area immediately forward of the helm to the netting below the bowsprit, at anchor, or to sunbathe atop the saloon superstructure.
The 172GT yacht for sale also benefits from a pair of Gardner diesels giving her nine knots cruising and 10 knots at full speed.
Lying in Italy, Cassiopeia is asking €4,500,000.