Price AU $250,000 1/2 share

AU $250,000 1/2 share
Wonderful opportunity to share our 2019 Jeanneau 440 located in the sublime Greek Islands. Currently berthed in the Sporades, however the plan is to relocate her every few seasons to enable a long term tour of the Med at our leisure. Milukahs' size, layout and inventory is perfectly suited to Med cruising.
Family, Cruising, Live Aboard
FR-SPB SU164D919
Rego Number
863416 AUS
Philippe Briand
Jeanneau Yachts France
42' 8" - 13.00m
Keel / Ballast
Deep draught. Cast Iron. L Shaped bulb
Hull Material
Fibreglass/GRP Handlaid hull, ISO gelcoat, Infused inner liner, Injected deck w/ balsa core.
Deck Material
GRP. Teak in Cockpit on floor and seating
Yanmar 4JH57 4 Cylinder Diesel aspirated w/ full service history Sound insulation
Engine Make
57 hp
Fuel Type
Engine Hours
Number Engines
Fuel Consumption
2.5 l/h @1500 rpm
Max Speed
8 kn
Cruise Speed
6 kn
Shaft drive
Quick Retractable Bow Thruster 4.3kw w/ separate battery
530l in two roto moulded tanks (330 & 200L)
Central U Shaped galley, Port side, Corian benchtops, plenty of storage in top opening, slideout and shelf storage units.
Double sink. Fresh water H&C mixer tap and separate filtered drinking water tap.
Large food and cutlery drawers. Food storage cupboards above and below worktop
Wine storage, underfloor storage
Full set of cutlery, crockery, glasses, kitchen utensils and saucepans
Single, front opening refrigerator w/freezer 130L
Gas Eno 2 burner top & oven with grill. Grab rail, gimballed and two cylinders located in external vented locker. Magma Gas Stainless Steel BBQ
Hot Water System
40L pressure. 240v and engine heat exchanger
4 Cabin 2 Head Version. Teak finish.
Open and airy design with large hull windows and overhead opening hatches
Unique walk around transom, no more leaping over seatbacks. Convertible cockpit table w/ fold-down sides, LED lighting, bottle storage in table top, large lockers, leather wrapped twin helm, cup holders, grab rails etc
Convertible Cockpit Package with extending combings giving a large flat lounging area in the stern.
Cockpit cushions, new in 2023.
Large fold-down transom/swim deck and ladder
Two forward double cabins convertible to one super large owners cabin by removal of internal ply wall. Access to heads from cabin. Two hanging cupboards plus huge storage cupboards beside berths and shelving. Under bed storage also.
Two aft double cabins w/ hanging space, plus extra cupboards and full length shelving. Access to heads from Stb cabin.
Cabins fitted with opening and fixed hatches and windows providing great ventilation and light.
8 sets linen, blankets, pillows etc
LED mood lighting plus separate reading lights in aft cabins.
6-8 pax in cruising mode or up to 10 pax if utilising two forward cabs and saloon berth.
2 spacious showers plus H&C handheld stern shower. Auto floor waste pumps. Full sized mirrors
2 Full sized bowls with Jabsco manual pumps. 50l holding tanks
RA70N Fusion Radio/USB/Bluetooth Stereo. Bose saloon speakers w/subwoofer, 2 cockpit speakers. WiFi dongle.
Air Conditioning
Webasto diesel forced air heating to all cabins and saloon
Southern Pacific NZ Inflatable 2.0m
Honda 2.3hp. New 2023
Large Bimini and separate sprayhood w/ clears. Canvas winch and helm covers.
Ground Tackle
Delta Anchor f/w 80m@12mm chain rode fitted to extended bowsprit with integrated roller
Quick Windlass w/ cockpit remote and chain counter
Kedge anchor and 10mm chain
Flush hatches
Split rigging for easy access forward
Safety Gear
Raymarine RAY73 UHF radio w/ AIS receiver
Cable cutter
First aid kit
Horseshoe and light
Emergency boarding ladder to stern
Radar reflector on mast
8 safety harnesses. Bosuns chair
Numerous paper charts, almanacs and pilot books, hand bearing compass and binoculars
Gas leakage detector
8 fenders & 1 balloon fender
Bilge Pumps
Jabsco main electric auto plus manual
Life Raft
10 man stern mounted under floor hatch
Ocean Signal GPS RescueME (new)
Life Jackets
8 plus 4 inflatable offshore jackets
Offshore set
Fire Protection
4 fire extinguishers
4 x service, total capacity 480AH
1 x main engine starter 120AH
1 x bow thruster 110AH
Engine alternator: 125AH and charge distributor/isolator
Shore power: 240V socket outlet in galley
12V USB (5V, 2.1A) sockets in all cabins
Battery chargers: Cristech 40A for batteries
2x 130A Solar panels mounted on fixed stern bracket. Victron controller
Hot water from engine calorifier and 230V immersion heater
Main panel Navicolor monitoring 240 & 12v voltage and water tanks at Nav desk
Raymarine i70S Multifunction Display at Helm and Nav table. Speed, depth, windex sensors
Raymarine Axiom 9 GPS WiFi Multifunction touchscreens port & stb helm positions
Raymarine p70s Autopilot - ACU400 core unit and Gyrocompass
Cartography Navionics Silver
Engine & windlass controllers at STB helm plus engine start and instrumentation
Raymarine UHF w/ AIS receiver linked to navionics chart
Sail Inventory
Furling main, horizontal cut, dacron. New 2023
Furling 120% headsail, dacron. 2019. New UV protective strip 2023.
Plans for assymetric/gennaker sail in 2024
Mast / Rigging
Furling aluminium mast, double spreaders, deck stepped, cathedral geometry and split rigging.
Aluminium boom, telescopic vang, German main-sheeting, low gooseneck for easy deck manoeuvring
All running rigging returns to helm, halyard bags for storage
Mooring and misc. Ropes including long floating lines for Med mooring
Deck Gear
Harken Genoa tracks, primary winches and secondary halyard cabin top winch. Harken hardware.
MILUKAH was launched in 2019 and placed in charter in Greece with Navigare Yachting. She has not had a hard life.... Covid interrupted the 2020 and '21 seasons and we then decided to remove her from the fleet in 2022 as we had too little access to her under the charter arrangement. Having just returned from the Med, we've enjoyed 3 months onboard in the Sporades group. She is now back on hardstand. We'd planned to spend the whole season in the Med over the next few years, however family commitments means that this is not achievable..... Hence the idea to share the yacht. 6 months out of 12 for each partner.

A new share agreement will be created and will be self-managing. The current berthing location is in Volos, Greece, but this could change depending on the shareholders' wishes. We envisage moving MILUKAH every few seasons to another Med location. EDIT We are moving from Volos to Leros, Dodecanese group in 2024. Planing to overwinter her there for 2024 - 2026.

Volos is 300km North of Athens in the Pagasetic Gulf which is part of the Aegean Sea. This is a beautiful cruising area with lots of islands and anchorages to visit. It is not as crowded as much of Greece and sailing winds are more reliable and gentler than the raging Meltemi zone. However, with the opportunity to be onboard for up to 6 months, you could pretty much explore any part of the Eastern Med.

Transfer to Volos from Athens is either by a 3 1/2 hour bus journey from the city or shorter from the airport via a car rental. There is an airport in Volos however it is poorly serviced from Athens unfortunately.

During the sailing season it will not be necessary to return to Volos to effect crew changeover. Many islands are easily accessible by ferry or short flights to Athens.

We have a small yacht service company in Volos overseeing maintenance and care of the yacht. I can share details of the current charges, which are quite cheap compared to other locations, upon request.

We will establish a monthly maintenance and charges fund to service these costs and then regularly discuss upgrades and extraordinary costs as necessary. I estimate annual costs @$20 000, so approx $800.00 per share, per month.

The yacht is VAT unpaid and therefore needs to be "exported" out of the EU every 18 months. If you are unfamiliar with this arrangement it is very common in Europe amongst cruising sailors. Please ask if you'd like me to expand on this....

The inventory listed here is not complete, many more features and inclusions that the advert does not enable.

The listed price is a guide determined by averaging currently listed comparable yachts for sale internationally. A buyer is welcome to have a valuer/broker estimate market value for comparison. We can negotiate from there.

Contact us for more information



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