A price adjustment for an established Feadship
Burgess has announced a €550,000 reduction in the asking price of CONSTANCE, a 46.4-metre Feadship delivered in 1986. The revised figure is €12.95 million, according to the brokerage statement published on 5 October 2026. It is a seller-side indication of the price sought, not evidence of a completed sale or an independent appraisal.
The yacht has exterior lines by De Voogt Naval Architects and interiors credited to Glade Johnson Design. Her traditional profile will appeal to owners who value established Northern European craftsmanship, but aesthetic reputation cannot determine actual condition. A vessel approaching four decades of service demands especially thorough technical and documentary review.
Burgess lists approximately 418 gross tons of enclosed volume, arranged across three decks with accommodation for twelve guests in five cabins. Gross tonnage is related to internal space and should not be confused with displacement. The question for a purchaser is whether that volume serves modern family requirements while leaving sufficient room for crew and essential systems.
Recent work at Pendennis
The company says CONSTANCE has emerged from an extensive four-month refit at Pendennis centred on a Lloyd’s special survey. The published work included full rebuilds of the main engines, wider systems inspection, maintenance and selected cosmetic improvements. Such substantial work is highly relevant to market positioning, but the buyer should review supporting documents rather than assume every system was replaced.
An engine rebuild can extend useful service life when properly executed and documented. It is nevertheless different from the installation of brand-new power units, and the scope of replaced components should be established precisely. Test results, warranties, operating hours since the work and supporting manufacturer records are all appropriate subjects for independent technical assessment.
The same applies to a classification special survey. The relevant certificate and report should show what was inspected, which items were repaired and whether any conditions remain outstanding. A completed survey is a milestone within an ongoing maintenance regime, not an assurance that there will be no future technical expenditure.
Guest spaces and the realities of an older yacht
Five cabins for twelve guests provide a flexible hosting proposition at this length, but the true comfort of a classic yacht depends on arrangements as well as capacity. The size of wardrobes, circulation between decks, ventilation and access to outdoor areas all matter for longer periods aboard. Buyers should inspect the spaces as they are now configured rather than rely on original plans.
Older yachts can have individual character that newer production models struggle to replicate. The trade-off can be maintenance complexity and the need to support equipment no longer common in current vessels. Refits may have modernised important systems, but a coherent engineering inventory is essential for understanding which original components remain.
The experience of a full guest complement should be considered alongside the crew’s working environment. Service routes, stores, laundry and galley equipment influence how smoothly a cruise unfolds. A yacht can possess generous formal saloons yet fall short of an owner’s practical expectations if these less visible systems are poorly suited to the proposed use.
What the new price means for a buyer
The Burgess notice placed CONSTANCE in Imperia at the time of its publication. This location can make an inspection practical for Mediterranean clients, but current position and availability require direct confirmation. Prospective purchasers should request the present list of survey documents and a detailed refit history before organising a sea trial.
A lower asking price can attract renewed attention, though buyers should compare the full acquisition budget with similar classic yachts. Near-term class work, stabiliser servicing, electronics support, berthing and crew costs can change the economics significantly. Technical due diligence is therefore more valuable than treating a price reduction alone as proof of a bargain.
CONSTANCE’s October listing combines a respected Feadship background with a meaningful programme of recent mechanical and survey work. The documented engine rebuild and Pendennis refit are central facts, while the achieved sale price remains unknown. Owners considering her should assess the quality of those works and the vessel’s long-term suitability for the kind of cruising they actually intend.
Official Burgess brokerage announcement: https://www.burgessyachts.com/en/editorial/news/price-reduction-on-feadship-constance. Interested buyers should confirm pricing, availability and specifications directly before making decisions.
