Photo: Royal Yacht International
Moneikos is one of the countless billionaire-owned, Italian-built masterpieces turning heads in the Mediterranean. What makes it truly special is that it has remained within the same family since its delivery for almost twenty years. Plus, it was never chartered during that time. A family yacht in the true sense of the word, this gorgeous Codecasa entered the market with low engine hours and two significant refits.
It's rare to see a superyacht of the magnitude and prestige of Moneikos stay with its original owner for such a long time. Leonardo del Vecchio, founder of Luxottica (a household name in the eyewear industry) and once the second-richest man in Italy passed away two years ago. It was only then that his family decided to part with Moneikos, the superb pleasure craft that had been with them for 18 years.
The 2006 Codecasa found a new owner this month, someone who was willing to pay close to $30 million. If that sounds like a huge price tag for an 18-year-old yacht, you'll be even more surprised to know that it was the result of a huge price slash of more than €8 million ($9 million). Even so, Moneikos had plenty to offer that would justify the steep price.
Size-wise, this elegant Codecasa meets the criteria for a floating mansion. Boasting more than 200 feet (62 meters) in length, it's able to comfortably accommodate up to 16 guests, making it an excellent option for large groups. The generous eight-cabin configuration includes a vast owner's suite on the upper deck, worthy of a billionaire, and boasting spectacular 180-degree views.
In terms of pedigree, it bears the signature of the prestigious Della Role studio, coupled with the acclaimed Codecasa craftsmanship. Despite its age, Moneikos reveals a perfectly modern interior with a timeless black-and-white color scheme highlighted by golden accents and luxurious additions using precious woods, including African wenge and maple.
The prestigious Italian family that owned Moneikos also made sure to keep it in excellent shape and have it refitted twice, in 2018 and 2020. Following the refits, Moneikos emerged with Naiad zero-speed stabilizers for greater onboard comfort, the latest AV/IT systems, and a 5G antenna as part of its radar and satellite system. Other notable amenities include a fully-equipped gym on the bridge deck, a large garage, and an elevator that connects all the decks.
Most impressively, Moneikos had only 3,500 engine hours at the time of the sale. That's because, even though it stayed in the del Vechhio family for almost two decades, it was basically used only as a summer vacation yacht for private cruises in the West Mediterranean. Unlike other billionaires who see their pleasure craft as investments, sharing them with charter customers, the Italian mogul who bought Moneikos back in 2006 treated it purely as a luxury toy for his family.
The 2006 Codecasa found a new owner this month, someone who was willing to pay close to $30 million. If that sounds like a huge price tag for an 18-year-old yacht, you'll be even more surprised to know that it was the result of a huge price slash of more than €8 million ($9 million). Even so, Moneikos had plenty to offer that would justify the steep price.
Size-wise, this elegant Codecasa meets the criteria for a floating mansion. Boasting more than 200 feet (62 meters) in length, it's able to comfortably accommodate up to 16 guests, making it an excellent option for large groups. The generous eight-cabin configuration includes a vast owner's suite on the upper deck, worthy of a billionaire, and boasting spectacular 180-degree views.
In terms of pedigree, it bears the signature of the prestigious Della Role studio, coupled with the acclaimed Codecasa craftsmanship. Despite its age, Moneikos reveals a perfectly modern interior with a timeless black-and-white color scheme highlighted by golden accents and luxurious additions using precious woods, including African wenge and maple.
The prestigious Italian family that owned Moneikos also made sure to keep it in excellent shape and have it refitted twice, in 2018 and 2020. Following the refits, Moneikos emerged with Naiad zero-speed stabilizers for greater onboard comfort, the latest AV/IT systems, and a 5G antenna as part of its radar and satellite system. Other notable amenities include a fully-equipped gym on the bridge deck, a large garage, and an elevator that connects all the decks.
Most impressively, Moneikos had only 3,500 engine hours at the time of the sale. That's because, even though it stayed in the del Vechhio family for almost two decades, it was basically used only as a summer vacation yacht for private cruises in the West Mediterranean. Unlike other billionaires who see their pleasure craft as investments, sharing them with charter customers, the Italian mogul who bought Moneikos back in 2006 treated it purely as a luxury toy for his family.
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