New Listing – 1987 Sweden Yachts 38


Classic SY38, with timeless lines, superb build quality, performance & seakeeping ability, easily shorthanded. Many updates including larger 4-cylinder engine.

The Sweden Yachts 38 began production in 1983 with a total of 85 boats built until production ceased in 1990. Originally launched in 1987 as Hull No.58, and delivered to her first UK-based owner in Harwich, ‘FOUR BELLS’ has had just two owners, with the most recent since 2007.

Her specification highlights include:
• Wing keel version
• Upgraded Volvo D2-40 engine from 2006 complete with new Saildrive, 3-bladed folding propeller and ancillaries
• Mainsail stackpack with lazy jacks.
• Larger genoa winches for easier sail handling
• Replaced electric anchor windlass.
• Additional service battery and uprated alternator
• Inverter.
• Radar.
• AIS Receiver.
• GPS chartlotter with 2x aerials.
• Heating.
• Stereo.
• Force 10 Marine gas stove and oven with grill.
• Replaced larger fridge/coolbox.
• Sprayhood.
• Liferaft.

‘FOUR BELLS’ is lying in Lymington, she is UK VAT Paid, Part 3 British Registered and now awaits her next owners for new adventures.


“The first and only other owner was a good friend of mine, and I clearly remember her arriving at Harwich when she was brand new in 1987. He raced her in the local series and I was a regular crew. She has become an old friend that I have known for 34 years and owned and cruised extensively for some 25 years. My age is the only reason for the sale of my much beloved boat”


“The Sweden Yachts 38 is a pure sailing yacht with modern racy lines; yet she has classical beauty which will last through the years.

The mast and rig are well dimensioned to carry the large sail are; this, combined with the modern hull lines, gives the yacht an amazing turn of speed, even in the lightest wind. The Sweden Yachts 38 has a favourable IOR rating and she is extremely competitive at all levels of racing.

As you can see from the interior pictures, the Sweden Yachts 38 is very well appointed and will give you a comfortable second home. This degree of luxury is especially important for long distance sailing; the Sweden Yachts 38 will meet your highest expectations. The interior is finished in solid mahogany, the fabrics are both durable and attractive, the cabins are functional for living on board both at sea and in harbour.

The cockpit, deck and coachroof are teak laid as standard in the Continental version. With regard to equipment, only the best has been considered good enough, from the extra big winches down to the smallest shackle.

In the cockpit there is ample room for everyone on board. The companionway has been designed to be especially comfortable and protected.

Few performance yachts can offer the same deck space as the Sweden Yachts 38. Pictures can not do justice to this beautiful craft – only a personal inspection of every minute detail will reveal the thought. Preparation and craftsmanship which made the Sweden Yachts 38 a MASTERPIECE.

The feeling of luxury and comfort aboard is absolute, and you can enjoy extended periods of exciting sailing without feeling crowded. A sense of space and privacy has been achieved by separating the saloon, galley and navigation area from the three luxurious and well-proportioned cabins. When you have guests, you will find the saloon large enough to entertain upto ten people around the satin-finished mahogany table; the settees are warm and offer comfort of any fireside armchair.”

Text taken from the Sweden Yachts sales brochure


“Race Bread Fast Cruiser

Sweden Yachts are in a similar position to to the hire company which was actually proud of its position as second largest. Sweden Yachts are very conscious of the reputation enjoyed by their Finnish competitors, Nautor (Swan) and Baltic Yachts. Comparison with these two is inevitable not just because of the common Scandinavian origin but because the three yards all produce race bred, fast cruising yachts for decerning customers.

The lines of the C38 were drawn by Peter Norlins based on his experience s with the Admiral’s Cup campaigns, ‘Bigfoot’ and ‘Paper Tiger’. She has been refined for easier handling and given a far greater displacement as well as a roomier hull.. But the essentials for speed have been retained. Her sections are quite well veed with no apparent distortion to the lines. There is quite a long overhang astern with a sharply retroussee transom. The spade rudder is on the large side.

The hulls are beautifully moulded in a mixture of hand-laid CSM and woven rovings incorporating a balsa sandwich from waterline to toe rail. Solid laminate is used in stress areas and around the keel.. Solid laminates are used as longitudinal and transverse stiffening. The mouldings are created to a very fine tolerance of +25kg in a total hull weight of 1,800kg.

Overall Sweden Yachts have come up with an attractive, open and comfortable interior which, though it is clearly influenced by the Swedes’ tendency to day sail in sheltered waters, is still practical for extended passage-making. The fine Swedish summers encourage alfresco life, so it is no surprise to find the cockpit excellently laid-out. The helmsman has a cambered sole as well a hummock seat making it possible to find a comfortable perch whatever the point of sailing or angle of heel. Steering is by Edson through cables from an impressive 47” wheel which gives the helmsman plenty of leverage although he seldom needs it since the ball races in two of the tree bearings and the semi-balanced rudder makes steering light.

Chainplates are to a unique design by Sweden Yachts which transfer the loadings to the bulkheads via a steel framework. Her ballast ratio is 43%, good for a yacht of her type.

Our introduction to the boat was a short tacking passage down the channel from Stenungsund to Marstrand, and it was immediately apparent we were in the company of a thoroughbred. The tall rig picked up the light breezes and the yacht forged ahead powerfully. Her responsiveness to the wheel rewarded careful attention yet one very quickly became totally at ease inching her up to weather or playing the wind shifts round the rocky islands. She can be tacked very rapidly and holds her way through the wind well. She is by no means a heavy boat but she has enough substance to give her a dependable, hard driving motion.

Access to the motor is first class making routine servicing relatively simple.”

Extracts taken from Yachting Monthly Magazine Review

1987 Sweden Yachts 38 – FOUR BELLS – Asking £47,500 UK VAT paid – full details here


Do you have a yacht like this to sell? Grabau International are always looking for new high quality cruising yacht listings both in the UK and internationally. For further information about our tailored brokerage services, please look here or feel free to contact us

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