Bidadari — 40m Phinisi Schooner (2017, refit 2024)
Cv. Lambo 2017 with comprehensive 2024 refit. Mid-size charter workhorse — best entry-point pricing.
Vessel Overview
Bidadari is a 40-metre phinisi schooner built by Cv. Lambo in 2017 with comprehensive 2024 refit programme completed. Mid-size 5-cabin layout (1 master + 4 doubles, all en suite) makes it operationally efficient for charter — smaller crew requirement, lower fuel consumption, easier port handling than larger 45m+ vessels. Bidadari has operated continuously since launch in independent charter operation, accumulating approximately 320 charter weeks across 8 seasons. The 2024 refit refreshed all systems to like-new condition.
Specifications Summary
| Specification | Detail |
|---|---|
| Length overall (LOA) | 40 metres (131 ft) |
| Year built | 2017 |
| Builder / yard | Cv. Lambo |
| Cabins | 5 |
| Guest capacity | 10 |
| Crew positions | 8 |
| Hull material | Ironwood + teak (traditional construction) |
| Current location | Labuan Bajo, Indonesia |
| Asking price | USD 1,480,000 |
| Status | Available — buyer-vetted listing |
Notable Features
Bidadari was originally built to working-yacht spec by Cv. Lambo in 2017, then upgraded to charter-spec via 2024 refit (USD 260K refit budget). Post-refit specification: Furuno integrated electronics, KVH satellite TV, refit-new Yanmar engines (1,400 hours since refit), refit-new watermaker (130 L/hour), refit-refreshed interior throughout, new sail wardrobe (full main + mizzen + 2 jibs, all 2024), updated dive equipment, new generator (Northern Lights 30kW), new tender (5m RIB).
Build Provenance + History
Built by Cv. Lambo 2017 to working-spec. Initial owner operated as small-fleet charter operator 2017-2023. Vessel underwent comprehensive refit October 2023 – February 2024. 2024-2025 charter season operated under independent management. Current owner offering for sale to fund larger 50m+ vessel acquisition. Excellent entry-point opportunity for first-time phinisi buyer or charter operator expanding fleet at moderate budget.
Inquire About Bidadari — 40m Phinisi Schooner (2017, refit 2024)
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Two offices — Bali (Seminyak) and Labuan Bajo. Brokers respond within 4 business hours weekdays. Confidential.
Frequently Asked Questions About This Listing
What survey would you recommend before commitment?
For an operating phinisi like this, we recommend a comprehensive marine survey covering hull (caulking, plank condition, ironwood keel inspection), rigging (mast, standing/running rigging, sail wardrobe), mechanicals (engines, generators, plumbing, watermaker, electrical), electronics (navigation, communication, safety), and interior. Plus sea trial 3-4 hours under sail and engine. Surveyor cost USD 8-18K depending on size and depth.
What is the realistic charter income potential?
Charter potential varies by positioning, condition, and operating structure. For this vessel placed in Komodo Luxury managed fleet, we project annual gross revenue ranging USD 1.4M to 2.4M depending on charter weeks (typically 22-28 weeks/year mature). Net to owner after operating costs and management fee typically 35-50% of gross.
Can the buyer specify or modify the interior layout pre-closing?
For an operating yacht, layout modifications are part of refit programme post-closing, not pre-closing changes. We can scope a focused interior refit (USD 80-280K typically) as part of the acquisition deal memo.
What flag and registration arrangements does the seller have?
The vessel currently operates under Indonesian flag with PMA-compatible ownership structure. Foreign buyers typically continue Indonesian flag operations through new PMA structure (Juara Holding handles registration). Alternatively, buyer can re-flag to Marshall Islands, Cayman, or Cook Islands for foreign-flag operations.
How is the existing crew transitioned at closing?
Operating yachts come with crew. Standard options at closing: full crew transition where existing crew transfer to new owner with continuity of employment, partial transition retaining key officers (typically captain and chief engineer) with fresh hires for stewards/deckhands, or full crew change with new hires through Komodo Luxury network. Most buyers retain at least the captain and chief engineer for 12-month minimum.
What is the realistic timeline from inquiry to closing?
Typical timeline: 60-120 days from initial inspection trip to closing. Stage breakdown: inspection trip (4-7 days), independent surveyor + sea trial (10-15 days), structured offer + negotiation (15-30 days), deal memo finalisation (15-21 days), escrow + closing (30-60 days).
What is the broker fee structure for this acquisition?
Sell-side commission paid by seller from closing proceeds (4-6% of closing price). No buyer-side fee for general inquiries. Buyers wanting dedicated buyer-side representation can engage Buy Phinisi (sister site) for buyer-side-only structure.
Why Buy Through Phinisi Broker
Listings vetted by physical inspection. Buyer pool includes 280+ qualified buyers across Indonesia, Singapore, Hong Kong, Australia, UK, and Mediterranean charter operators. Multi-region presence (Bali HQ + Frankfurt + Labuan Bajo) means inspection trips coordinated efficiently regardless of buyer location. Sister-company Komodo Luxury provides post-acquisition operating infrastructure if buyer chooses managed-fleet integration.
Our economics: we earn brokerage commission on closing transaction. We also earn ongoing relationships with buyers placing yachts in Komodo Luxury fleet (multi-year management compensation). The economics align with closing the right vessel at the right price for buyers operating successfully — not just transaction velocity.
Most of our buyer pool comes through repeat referrals from charter clients of Komodo Luxury, owners of phinisi we previously transacted, and partner referrals from the Juara Holding Group network rather than digital advertising or cold outreach.