1977 Codecasa 27m Mega Yacht for Sale in Olbia with 4 Cabins Steel Hull

This 1977 Codecasa 27m mega yacht is now offered for sale in Olbia, Sassari, presenting a compelling opportunity for buyers seeking a proven classic yacht with substantial volume, enduring steel construction, elegant Italian pedigree, and meaningful recent upgrades. Built by the respected Codecasa Shipyard, this vessel reflects the traditional strengths of an established Italian yard known for robust engineering, balanced naval architecture, and timeless styling. With her distinctive round-stern profile, solid displacement hull, and spacious accommodation arrangement, she appeals to owners looking for a yacht capable of private cruising, extended seasonal living aboard, or commercial charter use. Recent works including interior refurbishments in 2024 and generator replacement in 2023 add further value, making her a particularly attractive option for a buyer seeking a classic vessel with improved onboard presentation and dependable operational readiness.

Design, Construction & Principal Dimensions
Built in Italy in 1977, this 27-meter yacht combines traditional yacht aesthetics with the reassuring strength and longevity of steel construction. She has a beam of 5.9 meters and a draft of 2.49 meters, offering a confident stance in the water and a substantial internal volume that is difficult to match in many modern yachts of similar nominal length. With an approximate displacement of 117,000 kg, this vessel benefits from the reassuring solidity and sea-kindly behavior associated with heavier displacement yachts. Her hull has been designed in displacement form with a stable keel configuration, contributing to smooth motion underway, good course-keeping, and dependable behavior in a variety of sea conditions. The overall deck arrangement has been designed with practical operation in mind, including safe passageways, sensible working areas, and secure movement from bow to stern.

Performance, Engines & Cruising Capability
This Codecasa is powered by twin inboard General Motors 12V71N diesel engines producing a combined output of approximately 950 HP. This propulsion setup delivers dependable and proven long-range performance, well suited to an owner who values mechanical reliability and straightforward serviceability. The yacht cruises comfortably at around 12 knots and can achieve a maximum speed of approximately 15 knots, providing a good balance between fuel-conscious passage making and the ability to maintain practical transit times between cruising destinations. The substantial fuel tank capacity of approximately 20,000 liters supports serious passagemaking capability and extended cruising plans, making the yacht suitable for longer coastal or regional itineraries without frequent refueling stops. Her direct shaft drive configuration further reinforces her reputation as a robust, mechanically honest vessel with reduced drivetrain complexity and dependable power transmission.

Engine Room, Machinery & Auxiliary Systems
The engine room is described as clean, professionally arranged, and consistently maintained, reflecting careful stewardship and serious attention to operational integrity. Both main engines show approximately 1,920 operating hours and are fitted with visible serial plates. Supporting mechanical systems including cooling circuits, fuel filtration components, exhaust arrangements, and related machinery have been regularly inspected and serviced. Twin 32 kW generators installed in 2023 provide reliable auxiliary electrical supply for hotel loads and onboard equipment, adding significant value for buyers seeking a yacht that is ready for practical cruising or charter service. The generator upgrade is one of the key recent investments into the yacht and enhances confidence in her onboard power infrastructure.

Accommodation Layout & Interior Living
The yacht offers accommodation for up to 8 guests across 4 guest cabins, supported by 4 bathrooms, creating a private and comfortable onboard environment for owners, family members, and invited guests. In addition, there are 2 crew cabins with accommodation for up to 5 crew, supporting fully serviced cruising and making the yacht suitable for a more professionally run operation if desired. The interior arrangement has been designed to combine volume, comfort, and privacy. The main salon is spacious and benefits from abundant natural light, creating an inviting setting for socializing, dining, or relaxing during extended periods onboard. A fully equipped galley with modern appliances and generous storage capacity enhances practicality for long stays aboard, private family use, or hospitality-focused charter service.

Recent Interior Improvements & Onboard Comfort
A notable part of this yacht’s current appeal comes from the interior works completed in 2024. These improvements include updated flooring, refurbished bathrooms, and refreshed interior finishes that help bridge the gap between classic yacht character and more contemporary expectations of onboard presentation. Full air conditioning, hot water systems, ambient lighting, and a well-insulated interior contribute to a calm and comfortable atmosphere throughout the yacht. Entertainment systems including televisions, DVD player, CD player, and flat-screen displays further support relaxed onboard living. The combination of classic layout proportions and refreshed finishes makes the yacht especially appealing for buyers who appreciate timeless construction but want a cleaner, more current aesthetic inside.

Exterior Spaces & Deck Amenities
Externally, the yacht offers generous deck areas designed for practical use and guest enjoyment. Teak finishes contribute warmth and visual appeal, while the cockpit includes cushions and a dining table that support outdoor meals, lounging, and social gatherings. Wide side decks and a gangway allow safe and comfortable circulation around the yacht, a particularly important feature on a vessel intended for family cruising or guest operation. A swim ladder and swim platform provide convenient access to the water, enhancing the yacht’s recreational appeal when at anchor or moored in warmer cruising areas. The overall exterior arrangement remains consistent with the vessel’s classic style while still providing the functional comfort expected for modern enjoyment.

Navigation Equipment & Operational Technology
This yacht is equipped with a full suite of navigation and operational equipment aimed at safe and confident passage making. The electronics package includes GPS, radar, autopilot, AIS-compatible systems, VHF communication, and chart plotting capability. Additional instruments such as a depth sounder, log-speedometer, and navigation center provide the helmsman with the essential information needed for accurate route planning and safe operation. Monitoring systems provide real-time onboard data, while precision steering and control systems contribute to dependable handling. Stabilization systems further improve comfort at sea by reducing roll and helping maintain a more relaxed onboard experience during longer passages or less settled conditions.

Propulsion, Handling & Drive System
The yacht uses a direct drive shaft propulsion arrangement with well-maintained bronze 3-blade propellers. Shafts and couplings are routinely inspected to ensure continued operating efficiency and reliability. For maneuvering in close quarters, bow thruster assistance improves docking and marina handling, particularly valuable on a yacht of this size and displacement. The rudder and steering systems are reported to be in solid operational condition, helping support predictable handling both underway and when maneuvering at low speed.

Electrical, Plumbing & Service Systems
The onboard electrical system is arranged for practical operation and ongoing serviceability. Battery banks for engine start and domestic supply are maintained in good order, while a clearly organized electrical panel supports user-friendly system management. Additional components include battery charger arrangements, inverter capability, and shore power connectivity for seamless service in port. Plumbing systems include a high-capacity freshwater pump, water heater, and approximately 5,000 liters of water capacity, supporting comfortable longer stays aboard. Bilge pumps, both manual and electric, are operational, while grey and black water systems are properly installed and maintained for functional compliance with onboard service expectations and environmental considerations.

Maintenance History & Ownership Appeal
This yacht benefits from consistent professional maintenance and a documented servicing history, which is particularly important for a classic steel vessel of this size and age. The combination of regularly serviced engines, recently replaced generators, refurbished interior areas, and maintained structural elements supports buyer confidence and reinforces the yacht’s long-term value proposition. The ownership history reflects careful use and proper maintenance, largely for private purposes, helping distinguish this yacht from neglected or heavily compromised alternatives in the classic yacht market.

Safety, Certification & Structural Integrity
Safety equipment includes engine-room fire suppression, multiple fire extinguishers, and life-saving equipment, while navigation instruments are certified and operational. Safety-related documentation is available upon request. Structurally, the steel hull remains in excellent condition, and the underwater body is protected by maintained antifouling coatings to preserve performance and protect the integrity of the submerged surfaces. The Hull Identification Number is documented, and past refit works have been professionally carried out to a high standard, adding reassurance regarding structural and mechanical stewardship.

Registration, Documentation & Purchase Opportunity
The yacht is currently registered under a European flag, with documentation available for inspection. VAT status can be confirmed upon request. Inspections are welcomed, and sea trials can be arranged for serious buyers. A professional marine survey is recommended as part of the transaction process to provide complete technical transparency and peace of mind. Standard sales terms would generally include a deposit upon agreement, secure handling of funds through escrow, and coordinated completion and delivery arrangements according to final negotiation. For a buyer seeking a substantial classic Italian steel yacht with strong cruising credentials, meaningful recent upgrades, and excellent charter or private-use potential, this Codecasa 27m represents a serious and distinctive acquisition opportunity. Enquire now to arrange a viewing and explore the full potential of this elegant long-range yacht.