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The details about superyacht ownership as stated on this site and in our SuperYacht Owners Register are mostly based on rumors. In almost no case actual yacht ownership by the private individuals mentioned can be confirmed from a legal point of view. This site is for entertainment purposes only. We do not collect or store the data of our website’s visitors, other than the data used by Google Analytics, a web analytics service provided by Google, Inc. ("Google").  More information about our Privacy Policy here. Google Analytics uses "cookies", which are text files placed on your computer to help the website analyze how visitors use the site. The information generated by the cookie about your use of the website (including your IP address) will be transmitted to and stored by Google on servers in the United States . Google will use this information for the purpose of evaluating your use of the website, compiling reports on website activity for website operators and providing other services relating to website activity and Internet usage. Google may also transfer this information to third parties where required to do so by law, or where such third parties process the information on Google's behalf. Google will not associate your IP address with any other data held by Google. You may refuse the use of cookies by selecting the appropriate settings on your browser, however please note that if you do this you may not be able to use the full functionality of this website. By using this website, you consent to the processing of data about you by Google in the manner and for the purposes set out above. LEGAL NOTICE: The content of this website and all associated program code are protected under the Digital Millennium Copyright Act


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All You Need to Know About Andreas Panayiotou and his Yacht Ability

Yacht Name: Ability - Yacht Length: 41m (135 ft) - Guests: 10 in 5 cabins - Crew: 8 in 4 cabins - IMO 8681628 - Yacht Value: US$ 10 million - Owners Name: Andreas Panayiotou - Panayiotuo Net Worth: US$ 500 m - Owners Company: Ability Group - Owners Country: UK - 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.

Yacht Ability - Andreas Panayiotou

The yacht Ability is owned by Andreas Costas Panayiotou, founder of The Ability Group.


Ability Group

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


Who is Andreas Panayiotou?

Andreas Panayiotou was the son of Cypriot immigrants and was raised in London. 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.


Property Development

The group is now 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 European property markets, across Residential, Commercial and Hotel sectors.


Andreas PanayiotouYacht Ability

Panayiotou has owned many yachts, all named Ability. His current yacht is a 41 meter Baglietto, built in 2004 as RC for Roberto Cavalli. His previous yacht was a Mangusta 130 built in 2005, she is sold and now named Shane. And before that yacht he owned a 54 meter CRN yacht, now known as Alouette II.


Private Jet

Panayiotou owns a Bombardier DB 300 private jet with registration G-MRAP. The jet had a costprice of around GBP 7 million (US$ 10 million) and was built in 2004. The jet bears the logo of the Ability Group.


Andreas Panayiotou House

Panayiotou was to 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.


Resources

www.theabilitygroup.com

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

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

https://www.superyachttimes.com/superyachts/

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

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

Mangusta 130 Ability
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Follow the position of the luxury yacht Ability live

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

Andreas Panayiotou Private Jet

Andreas Panayiotou House

Andreas Panayiotou houseAndreas Panayiotou residence London

The Superyacht Owners Register, yacht names: #1 to B

The Superyacht Owners Register, yacht names: C to H

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The Superyacht Owners Register, yacht names: M to P

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The Superyacht Owners Register, yacht names: T to Z

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