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All You Need to Know About Andreas Panayiotou, his Net Worth, his House, Private Jet and his Ability Yacht


Yacht Specifications

Yacht Name:

Ability

Yacht Length:

41m (135 ft)

Guests:

10 in 5 cabins

Crew:

8 in 4 cabins

Builder:

Baglietto

Designer:

Design Studio Spadolini

Year:

2004

Maximum Speed:

28 knots

Engines:

MTU 16V4000

Displacement:

360 ton

IMO:

8681628

Cost/Value:

US$ 10 million

Yacht For Sale:

Contact a Sales Broker

Yacht Charter:


Contact a Charter Broker


Yacht Ability Owner

Yacht Owner:

Andreas Panayiotou

Country:

UK

Net Worth:

US$ 500 million

Source:

Ability Group

Born:

January 9, 1966

Wife:

Susan Panayiotou

Children:

George Panayiotou, Costas Panayiotou

Residence:

London, UK

Private Jet:

Bombardier DB 300 (G-MRAP)


The Ability Group is on of the UK’s largest property developers. Panayiotou’s current yacht was built as RC for fashion designer Roberto Cavalli.


Who is Andreas Panayiotou?Andreas Panayiotou

He is a British property developer. He was born on January 9, 1966. He is the son of Cypriot immigrants. And was raised in East London. He is married to Susan Panayiotou, they have 2 children (George and Costas). He wanted to become a professional boxer. But his parents asked him to join their dry cleaning business.



His first action in real estate was the development of flats above the dry cleaning shop. He is founder, Chairman and CEO of The Ability Group. He is the owner of the yacht Ability.




Ability Group

The Abi lity Group is active in the UK and European real estate development. The group has developed more than 7,000 residential properties in the UK.



The company has a long-term strategy of retaining ownership of the properties it bought or developed.



The Ability Group has 800 employees. The UK holding company Ability Developments Ltd has an equity of GBP 63 million (US$ 80 million).



But the group’s holding is based in Cyprus and does not disclose figures. His sons George and Costas Panayiotou are also active in the company.




Andreas Panayiotou Net Worth

His net worth is estimated at US$ 500 million.




Property Development

The group is one of the largest real estate developers in the UK. Since Ability was formed in 1996, they built up a significant presence within the UK and Europea n property markets. Across Residential, Commercial and Hotel sectors.





Ability Yacht

Panayiotou has owned many yachts, all named Ability. His current yacht is a 41 meter Baglietto. The yacht was built in 2004 as RC for Roberto Cavalli.



His previous yacht was a Mangusta 130 built in 2005. She was sold and now named Shane. And before that yacht he owned a 54 meter CRN yacht. This yacht is now known as Alouette II.



Ability is powered by 2 MTU engines, with a total of 7,400 hp. These bring her a top speed of 28 knots. Her cruising speed is 21 knots.



The yacht can accommodate 10 guests in 5 staterooms. She has a crew of 8. She is available for yacht charter. The yacht has an amazing interior. See some photos hereunder.




Private Jet

He owns a Bombardier DB 300 private jet. The jet has registration G-MRAP. The jet had a cost price of around GBP 7 million (US$ 10 million). It was built in 2004. The jet bears the logo of the Ability Group.









Andreas Panayiotou House

He was the owner of a mansion named Heath Hall, in North London. In 2015 he sold the house for US$ 30 million.



We believe Panayiotou now lives in a Hilton Hotel in London. Do you know more about mr. Panayiotou’s residence? Please do send us a message.




Message to Other Media

Please mention and link to this page, when using this information. Thanks!




Resources

www.theabilitygroup.com

https://en.wikipedia.org/wiki/AndreasPanayiotou_(businessman)

http://www.dailymail.co.uk/The-house-AndreasPanayiotou-selling

https://www.jetphotos.com/registration/G-MRAP






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Scroll all the way down for more amazing content!

The yacht Ability (ex RC)  - Photo by Raphaël Belly

Mangusta 130 AbilityButtonBack

Follow the location of the luxury yacht live.

yacht abilityRC - Roberto Cavalli yacht
G-MRAP Ability Group jet

Private Jet

Andreas Costas Panayiotou House.

Andreas Panayiotou houseAndreas Panayiotou residence London

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Inside the yacht, her amazing interior.

yacht ability interiorinside the yacht abilityinside andres panayiotou yacht
yacht interior
Andreas Panayiotou British property developer January 9, 1966 https://www.superyachtfan.com/wpimages/wp0b832562_0a_06.jpg Ability Group Ability Developments Ltd Susan Panayiotou George Panayiotou, Costas Panayiotou US$ 500 million
London, UK https://www.superyachtfan.com/wpimages/wp7d3252f6_0a_06.jpg
yacht Ability https://www.superyachtfan.com/wpimages/wpdf491b0f_0a_06.jpg Built in 2004 as RC for Roberto Cavalli, value US$ 10 million
Bombardier DB 300 private jet https://www.superyachtfan.com/wpimages/wp4ae15b3e_0a_06.jpg G-MRAP