• Close-up of the Beneteau First 38.5's foredeck, showing a chrome winch, rope clutches, and colorful halyards, with a furled sail cover overhead and a harbor and coastline in the background.
  • Aerial view looking straight down on a Beneteau First 38.5 sailing yacht anchored in teal water, showing its narrow hull, foredeck hatches, and a single wheel at the stern.
  • Interior view of the Beneteau First 38.5's saloon, showing curved cream cushioned settees, dark mahogany joinery, a wall-mounted TV, and an arched doorway leading to the forward cabin.
  • A Beneteau First 38.5 sailing yacht at anchor near a waterfront hotel and beach club in St. Julian's, Malta, with its mast raised and a boom cover fitted.
  • Close-up of the Beneteau First 38.5's cockpit showing coiled mooring lines, a cushioned seat, and a Seaview satellite dome, with a historic stone fortress and harbor visible beyond the rail.
  • Aerial view looking down on a Beneteau First 38.5 sailing yacht on dark blue, sun-sparkled water, showing its deck, solar panel, and companionway hatch.

Beneteau First 38s5

Malta

1989

11.70m

89,000

Asking Price

Ex VAT

Timeless Lines, Modern Performance


A beautifully presented 1989 Beneteau First 38s5 with an extensive 2023–2026 refit. Designed by Jean Berret and styled by Philippe Starck, this iconic racer-cruiser combines lively sailing performance with genuine cruising comfort.

Her extensive upgrades include a fully overhauled 43hp Volvo Penta, renewed rigging, carbon Code-0, modern Raymarine electronics, twin inverter air-conditioning, generator, teak cockpit and much more.

Located in Malta, she is ready to sail and enjoy.

Key Features

  • 1989 Beneteau First 38s5 — Jean Berret design / Philippe Starck interior styling

  • Volvo Penta 2003T 43hp turbo — fully overhauled in 2026, 0 hours since

  • Complete rigging renewal in 2023 — standing and running

  • Brand-new carbon-fibre Code-0

  • Complete 2023–24 Raymarine electronics suite

  • Twin 16,000 BTU inverter air-conditioning units

  • Coelmo 3.2kVA generator — fewer than 30 hours

  • Full racing and cruising sail wardrobe

  • 2023 full teak cockpit refit + new windlass and 60m chain

  • Freshly antifouled, polished and waxed in March–April 2026

A 4.68m-wide pontoon berth in Malta is also available separately.

Current listings

Here for all your yachting needs.

Providing clear guidance, trusted expertise, and seamless service throughout your yachting journey, with professional yacht brokerage and comprehensive ownership support.

Here for all your yachting needs.

Providing clear guidance, trusted expertise, and seamless service throughout your yachting journey, with professional yacht brokerage and comprehensive ownership support.

Here for all your yachting needs.

Providing clear guidance, trusted expertise, and seamless service throughout your yachting journey, with professional yacht brokerage and comprehensive ownership support.