1988 Gib Sea 402 - Photo 1
1 / 7
sail used Listed 20 days ago
£39,193
via TheYachtMarket
Get Report £19.99

Specifications

Make Gib Sea
Model 402
Year 1988
Length 38.8ft (11.8m)
Beam 3.75m
Draft 1.67m
Hull Material grp
Engine Perkins 50HP
Fuel Type diesel
Engine Make Perkins
Engine Power 50 hp
Refit Year 2020
Autopilot Yes
Solar Panels Yes

Equipment & Extras

Engine
Perkins 50HP
Fuel capacity
150 litres
Length overall
11.86 metres
Number of berths
9
Number of cabins
3
Drinking water capacity
400 litres
  • 300W solar panel
  • Electric windlass
  • Dinghy 3.30m
  • Lifejackets x1
  • Emergency rudder
  • Life raft

Description

Flag: Poland. Complete engine refit in 2020. Last dry-docking with antifouling and anode change in February 2024. New anchor chain in June 2025. New stuffing box in February 2024. Exhaust hose and clamps changed February 2024. Rudder service and sealing in February 2024. New saloon upholstery in 2022. Stripping of the headwork in 2019. New cockpit cushions in 2019. Has had Spanish flag, taxes paid. Navigation instruments/ Equipment/Sails: Compass, Log, VHF, Autopilot, GPS, Wind direction (Raymarine). 300W converter. Solar Panel 300W. Batteries x4 110 Ah, Battery charger. Electric bilge pump x2, Manual bilge pump. Water pressure system. Shaft transmission. Electrical installation 12V+220V.

Change History

8 events tracked

Price dropped by £6,406 (14.0%)

via TheYachtMarket

2 weeks ago

Price dropped by £13,829 (26.1%)

via TheYachtMarket

2 weeks ago

Description was updated

via TheYachtMarket

2 weeks ago
5 more changes tracked

Price drops, relistings, and status changes reveal negotiating power. Sign up to see more.

Financing Calculator

Financing Calculator

Estimate the true monthly cost of owning the 1988 Gib Sea 402.

£
15% (£5,879)
10% 50%
6.9%
4.9% 9.9%
Monthly Finance Payment
£385
£33,314 over 10 years at 6.9% APR

Monthly Running Costs (estimated)

Mooring / berthing £402
Insurance £49
Maintenance £85
Fuel £67
Running costs subtotal £603/mo
True Monthly Cost
£988
Finance + running costs combined
Finance 39% Running costs 61%
Total Interest
£12,897
Total Cost (finance)
£52,090

Can I afford this?

£

These are estimates for illustration only. Actual rates, terms, and running costs will vary. Always seek independent financial advice before committing to marine finance.

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Transport Cost Estimator

Transport Estimate

Estimate the cost of transporting the 1988 Gib Sea 402 to your marina.

Boat location
Alicante, Valencian Community, Spain

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Indicative estimate only. Actual costs may vary. Road distances are approximated. Crane lift and haulage costs depend on boat weight, beam, and access. Always obtain quotes from specialist boat transport companies before committing.

£39,193
Listed by TheYachtMarket
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Deal Score

Not enough data
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Last checked 2 weeks ago

Is this Gib Sea 402 a good deal?

This boat has dropped in price 2 times and engine hours are not disclosed. The report tells you what to offer and what to watch for.

What this boat is actually worth, based on market data
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Red flags to watch for: relisting history, unusual price movements, broker red flags
Whether the price will drop further, based on trajectory and seasonal data
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