Mangusta's 11th 104 REV sells before its spring 2027 launch
An eleventh hull, sold in build
Overmarine Group has confirmed the sale of the eleventh Mangusta 104 REV, the smallest and most accessible model in its Maxi Open line. The deal was closed by broker Nicolo Strocco with Idea Yaching, and the yacht is now committed for delivery in spring 2027. The 104 REV runs to 31.8 metres on a beam of about 7.1 metres, carries up to ten guests in four cabins, and is drawn inside and out by Lobanov Design.
The performance is the point of the model. Twin MTU 16V2000 engines push it to about 35 knots flat out and a 25-knot cruise, with the aft cockpit door folding down to open the main deck to the water. This is the classic owner-driver toy: fast, glassy, and built to be run hard on a summer coastline rather than crossed oceans in.
Why an in-build slot is the story
A buyer who takes a hull already in production skips the eighteen months to two years a full custom demands before the keel is even laid. He gets a spring 2027 delivery on known naval architecture, a fixed layout, and a price that is set rather than open-ended. For an owner who wants to be on the water for the 2027 Med season, that timeline is the whole appeal.
It also caps the risk that comes with a first-of-type. The 104 REV is now on its eleventh unit, so the systems, the ride and the resale pattern are all documented. An owner buying number eleven is buying a track record, not a promise, and that shows up later as a firmer resale value than an unproven one-off.
A fast toy holding against the explorer trend
Most of the order book noise this year is about displacement: long-range explorers, beach clubs, hybrid drives on heavy steel hulls. The Maxi Open sits at the other end, a planing sportyacht that trades range for speed and open-deck living. Eleven sales of the entry model says that appetite has not gone anywhere, even as the headlines move the other way.
For an owner weighing what to buy, the read is simple. The fast-open niche is liquid enough to keep reselling, which protects the money parked in one. A 31.8m that still turns 35 knots and can be driven by its owner remains a distinct asset, and a distinct asset is the one that holds its value when the market turns.
What is good, and what to watch
Strong points
- A proven, actively-produced seriesEleven hulls sold before the design has even launched, with individual hulls (1st, 2nd, 6th) separately documented reaching the water - a sustained demand signal, not a one-off.
- Genuine open-deck sports-yacht performance35kt top speed on waterjets with a draft under 1.5m, credited by the owner of hull 1 ('Offline') for shallow-water Florida and Bahamas cruising.
- An active secondary marketJacqpot and Delfina have both traded or listed through name-brand brokerages, supporting resale liquidity for future owners.
What to watch
- Short range for the size370nm at cruise is short next to a displacement motoryacht of similar size; a fast waterjet planing hull trades range for speed, so longer passages need refuelling stops.
- Guest capacity capped below larger competitors10 guests across 4 cabins, smaller than many 30m-plus competitors built for 12.
- No published running-cost figureThe 10-15% rule of thumb implies over EUR 1m a year before crew and berthing costs specific to a fast open yacht are added.
- Gives up sea-kindliness for speedA fast, shallow-draft planing hull trades the sea-kindliness of a slower, displacement-hulled explorer of similar length in a seaway - a genuine handling trade-off, not a defect.
Practical detail
| New price | Not published by Overmarine (listed price on request). Brokerage sources have referenced pricing from roughly EUR 11.5m depending on specification for available new-build slots, not an official yard figure. |
|---|---|
| Used market, Jacqpot (2023 hull) | Asked USD 11,750,000 through Denison Yachting; sold in 2026 to a buyer represented by Fraser broker Stuart Larsen. Sold price not disclosed. |
| Used market, Delfina (2024 hull) | Cut by EUR 1,000,000 to an asking EUR 10,950,000 through Northrop & Johnson broker Samuel Le Gall. |
| Running costs | No 104 REV-specific figure is published. On the broker rule of thumb of 10-15% of value a year, a roughly EUR 11m hull implies EUR 1.1m-1.6m annually before crew growth - a general estimate, not a published figure. |
| Fuel and range at cruise | 10,500 litres fuel capacity, 370nm range at 25kt cruise (half load), 35kt top speed on twin MTU 16V2000 M96L engines through Kamewa waterjets, confirmed by Overmarine's own spec page and cross-checked against the Jacqpot brokerage listing. |
| What is not published | The sale price of this 11th hull, the actual sold prices of Jacqpot and any other resold hull (only asking prices are public), and any independent, journalist-run sea trial - Boat International's on-board feature on hull 1 was an interview, not a trial. |
Questions this story answers
What happened?
Overmarine has sold the eleventh Mangusta 104 REV, the 31.8m entry point of its Maxi Open range, with delivery set for spring 2027. For a buyer it is a near-term slot on a proven hull rather than a multi-year custom wait. Eleven sales of one fast-open model is also a demand signal worth reading while most new orders chase slow, heavy explorers.
What is good about it?
A proven, actively-produced series. Eleven hulls sold before the design has even launched, with individual hulls (1st, 2nd, 6th) separately documented reaching the water - a sustained demand signal, not a one-off.
What should an owner or buyer watch?
Short range for the size. 370nm at cruise is short next to a displacement motoryacht of similar size; a fast waterjet planing hull trades range for speed, so longer passages need refuelling stops.
Who reported this?
BOAT International, SuperYacht Times, Skipper ONDECK, Yacht Harbour, Northrop & Johnson (Samuel Le Gall), Denison Yachting (Jake Garber), Mangusta Yachts official specification.
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