LRE Blog

Personal thoughts from within the Luxury Real Estate network

By Carl Peralta of 77 Great Estates

The most beautiful yacht to fly the Maltese merchant flag sailed majestically out of Grand Harbour this afternoon under the admiring eyes of all those who happened to be at Grand Harbour.

The 88-metre Maltese Falcon evokes the nostalgia of the old sailing clippers, but it is packed with technology, including sophisticated radar, navigation and steering equipment . Its three masts are made of carbon fibre and can rotate. The 15 square sails are stored inside them when not in use, and they can be unfurled into tracks along the yard arms in six minutes.

The yacht has two 1,800hp engines enabling it to rule the waves even when there is no wind.

The Maltese Falcon is owned by American venture capitalist Tom Perkins and is rented out for €335,000 a week. It can accommodate twelve guests plus four guest staff and 18 crew.

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