The 1991 Magnum Marine 40 is a bold American sport yacht for buyers who value offshore capability over floating condominium comfort. This refit-era example sits in Athens with a single Caterpillar diesel, making it a focused weekender or coastal performance boat rather than a full-time liveaboard. If you want a Magnum Marine 40 for sale that turns heads and still feels manageable, this one deserves a close look.
This Magnum 40 suits an experienced boater who wants a fast, simple sport yacht for day trips, overnight stays, and occasional coastal passages. It is not ideal for a family seeking three cabins and apartment-style comfort. The best buyer is someone based in or near Greece who will use it regularly, keep it in a good yard, and enjoy the performance hull instead of treating it as a marina decoration.
Is the 1991 Magnum Marine 40 for Sale?
Yes, this 1991 Magnum Marine 40 is currently offered for sale through its listing broker. The yacht is located in Athens, Greece, making Greek island hopping or Aegean day runs realistic for a local owner. Because the 2025 refit can protect value when invoices and survey records prove the work, availability of a comparable example in similar condition may be limited.
For buyers, availability is less important than the condition of the specific boat. Refit receipts, Caterpillar service history, engine oil analysis, hull condition, and any prior damage reports should all be reviewed. A well-documented refit can have a very different ownership profile from another Magnum Marine 40 that has deferred maintenance.
1991 Magnum Marine 40 Price
The asking price for this 1991 Magnum Marine 40 is around €330,000, which leaves room to negotiate after survey and engine inspection. The 2025 refit can protect value, but only if invoices and survey records prove the work, so buy on condition, not on the Magnum name alone. Asking prices are subject to change and should not be treated as confirmed transaction values.
The purchase price is only part of the budget for a 40-foot sport yacht. Fuel and maintenance will dominate ownership costs. A Caterpillar diesel can be reliable, but sport yacht speeds burn fuel quickly, and 1991 systems need annual attention. Berthing in Athens, insurance, and yard bills add up before you ever leave port. Buyers should also account for a sea trial, engine oil analysis, hull survey, haul-out, and general upkeep.
Performance and Propulsion
This Magnum Marine 40 is powered by a single Caterpillar diesel, which gives simpler maintenance and known parts support compared with twin-engine rivals. The Caterpillar diesel is a reliable marine engine, and the single-engine configuration keeps servicing straightforward for an owner-operator. The classic Magnum deep-V heritage still appeals to buyers who want rough-water confidence.
The performance-oriented 40-foot sport yacht layout is built for day trips, overnight stays, and occasional coastal passages, and the hull provides the rough-water confidence Magnum is known for. Actual speed and fuel consumption depend on load, sea conditions, propeller condition, and hull maintenance, so a sea trial should be used to verify the performance of the individual yacht. Sport yacht speeds burn fuel quickly, so plan the operating budget accordingly.
Exterior Design and Construction
This 1991 Magnum Marine 40 hull with a 2025 refit means the boat is not an untouched project, and the classic Magnum deep-V heritage still appeals to buyers who want rough-water confidence. The 2025 refit can protect value, but only if invoices and survey records prove the work. The exterior design is bold and performance-focused, suited to buyers who value offshore capability over floating condominium comfort.
Buyers should inspect the hull and deck, stringers, bulkheads, running gear, propeller, through-hulls, fuel tank, steering system, and any signs of water intrusion or previous structural repairs. Ask the broker for refit receipts, Caterpillar service history, and any prior damage reports. Deck hardware and railings should also be tested, and the hull survey should confirm the 2025 refit work is sound.
Interior and Accommodation
This 1991 Magnum Marine 40 offers a performance-oriented 40-foot sport yacht layout with one cabin, one head, and a compact galley. It is not ideal for a family seeking three cabins and apartment-style comfort, but it works well for day trips, overnight stays, and occasional coastal passages. The compact layout keeps the boat focused on performance and easy handling.
Individual boats may have different upholstery, appliances, flooring, and interior finishes depending on subsequent refits. Buyers should inspect the cabin, head, compact galley, plumbing, bilge systems, and storage areas for condition and evidence of regular maintenance. The 2025 refit should be reviewed to confirm which interior systems and finishes were renewed.
What to Check Before Buying a 1991 Magnum Marine 40
Make your offer subject to sea trial, engine oil analysis, hull survey, and verification of Greek tax status. The survey should cover the hull and deck, stringers, bulkheads, running gear, propeller, through-hulls, fuel tank, steering system, electrical equipment, plumbing, and bilge systems. Ask the broker for refit receipts, Caterpillar service history, and any prior damage reports. Deck hardware and railings should also be tested.
The single Caterpillar diesel should be inspected individually, including engine hours, service records, oil analysis, diagnostic reports, cooling system, exhaust components, transmission, and propeller. Buyers should also test navigation electronics, VHF radio, pumps, and other onboard systems. If the survey is clean, this Magnum Marine 40 for sale can be a rewarding used yacht for the right owner. If the numbers are vague, walk away or renegotiate hard.