The 38.6-meter motor yacht Areti I has changed ownership in a transaction brokered by IYC and Hamilton Marine International. Michael Rafferty and Dimitri Blaimer of IYC represented the buyer, while David Ross of Hamilton Marine acted for the seller.
Built in 2007 by U.S. shipyard Burger, the aluminum-hulled vessel was designed by longtime Burger naval architect Don O'Keeffe. The yacht had one owner since delivery and never entered charter service.
Areti I accommodates 10 guests across five cabins, including a full-beam master suite on the main deck. Crew quarters house up to eight staff. Douglas Richey designed the interior featuring wood paneling and neutral-toned furnishings.
Recent updates include a 2024 refit and full repaint at Rybovich in North Palm Beach. The yacht carries ABS classification and MCA compliance.
Powered by twin 1,300hp Caterpillar engines, Areti I achieves 14.5-knot top speed with 5,500-nautical-mile range at 10 knots. The vessel was listed at $9.95 million prior to sale.
The transaction demonstrates continued market activity for well-maintained American-built superyachts in the 35-40 meter range. Burger's aluminum construction and single-owner history likely contributed to the yacht's market appeal.
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