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Princesa Elle
68' Formosa 68 New Horizon Caribbean 1982

$ 179,000

Princesa Elle is a Formosa 68' 68 New Horizon Caribbean listed for sale with United Yacht Broker Joseph Silhan. Joseph can be reached at 1-631-525-8511 to answer any questions you may have on this boat. United Yacht Sales is a professional brokerage firm that has experience listing and selling all types of Ketch and similar boats. With over 165 yacht brokers worldwide, we have the largest network of boat buyers and sellers in the industry.


Beautiful, spacious, four cabin global cruiser. Fresh and airy, with plenty of light and storage. Extensively refit in 2017-18, with mechanical rebuilds, new canvas, new electronics, fresh brightwork, new cushions in cockpit and below decks. The boat is finished in beautiful warm teak throughout. The boat has been extensively refit over the last 18 months, with many, many upgrades and improvements.

Big center cockpit with table big enough for dining alfresco with all your friends. New cockpit cushions and plenty of room for lounging with your friends and family. Easily seats 10 or more under the fairly new bimini.

Contact broker for a complete list of refit improvements and for a link to the substantial photo library for the boat.

Now ready to go anywhere in style and comfort. Seller is very motivated, so please bring offers.


  • Price: $ 179,000
  • Days on Market: 367
  • Builder: Formosa
  • Model: 68 New Horizon Caribbean
  • Location: Cruising Panama, Panama
  • Type: Sail
  • LOA: 68 ft 0 in
  • Display Length: 68 ft
  • Beam: 17' 4"
  • Category: Ketch
  • Water Capacity: 500 gals
  • Fuel Capacity: 220 gals
  • Engine Details: Ford Lehman
  • Engine 1: HRS 185.00 HP
  • Engine Fuel: Diesel

Big center cockpit with table big enough for dining alfresco with all your friends. New cockpit cushions and plenty of room for lounging with your friends and family. Easily seats 10 or more under the fairly new bimini.

The full width master stateroom is aft with access to the aft deck through a companionway. This stateroom features a queen bed, plus a single berth, large hanging closet (3'8" x 3'8" and over 6' high), two additional hanging lockers, eight drawers plus a vanity. There is a private head with new electric toilet, tub/shower and Air-Con. Forward of the master stateroom to starboard is the companionway with double door access to the engine room. The companionway leads forward to the navigation area located outboard to starboard. Forward of the master to port is the galley with fridge, cooker, oven, microwave, sink and counter area. Many cabinets over and under make storage of food and cooking utensils easy and handy.

Forward of the nav station to starboard and galley to port is the massive salon. It features a large table to port and a settee to starboard. Forward of the main salon are two separate guest cabins, one port and one starboard, with hanging lockers, storage drawers plus two cabinets above the berths, plus mirrors, Air-Con and En-Suite heads with new electric toilets. Berths in these forward guest cabins are each configured as bunks, with the lower being larger than the single upper berth. The guest cabins share one large shower. A forward companionway leads to a fore-cabin that is used for storage or crew quarters with a V-berth. Forward of the crew quarters is a chain locker.

The boat is finished in beautiful warm teak throughout. The boat has been extensively refit over the last year, with many, many upgrades and improvements. Contact broker for a complete list and for a link to the substantial photo library for the boat.

  • Teak cabinets
  • Solid surface counters
  • Stainless steel sinks
  • Three-burner range with oven
  • Refrigerator
  • Microwave oven
  • Coffee maker
  • Abundant storage

All in good condition:

  • Furling genoa
  • Fully battened mainsail
  • Spinnaker
  • Fully battened mizzen
  • Roller furling
  • Electric primary winches
  • Shoal draft with the center board up, drawing only 5’ of water
  • Stainless steel rails
  • Walk around teak deck
  • Center cockpit
  • Cushioned seating
  • Under seat storage
  • Helm pedestal with stainless steel wheel
  • Bimini top with dodger (newer)
  • Aft deck with walk-through
  • Swim/dive ladder
  • Fresh brightwork including gorgeous cap rail
  • Ideal anchor windlass
  • Hydraulic winch
  • New Martek tender davits
  • CD player
  • Wind speed and direction
  • Compass
  • Depth sounder
  • Log-speedometer
  • GPS
  • Radar
  • Plotter
  • Cockpit speakers
  • Autopilot
  • VHF radios (2)
  • All new electrical and new Garmin electronics at helm and nav station
  • Sirius Radio
  • Weather system
  • New Garmin XSU 10" with Sirius Weather and AIS
  • New Garmin 7608
  • 185 hp Ford Lehman engine (rebuilt 2018)
  • Genset: Onan 9kw, rebuilt in 2018 with only 10 operating hours
  • Microwave oven
  • Refrigerator
  • Deep freezer
  • Heating Oven
  • Air conditioning
  • Hot water
  • Electric head
  • Battery charger
  • Manual bilge pump
  • Electric bilge pump
  • New Industrial Compressor chills the original large freezer and refrigerator
  • Additional two more new electric refrigerators with freezers
  • Included new AB RIB with 15 hp, 4 stroke Tohatso outboard with electric start

Comfortable under sail in heavy weather with a large, well-balanced sail plan also moves her well in light air. Electric winches make her easy to handle. Her shoal draft keel and centerboard provides a 5’ draft for crossing the Bahamian Banks or 11’ draft for solid, stable offshore passage making. She is a perfect live-aboard or ideal for the luxury charter market. Her pedigree, heft and solid construction make her the boat you want under you for long range cruising. Call for details and a link to our extensive photo library.

  • Seller's Personal Property

*Engine hours are as of the date of the original listing and are a representation of what the listing broker is told by the owner and/or actual reading of the engine hour meters. The broker cannot guarantee the true hours. It is the responsibility of the purchaser and/or his agent to verify engine hours, warranties implied or otherwise and major overhauls as well as all other representations noted on the listing brochure.

The company offers the details of this vessel in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of the vessel. A buyer should instruct his agents, or his surveyors, to investigate such details as the buyer desires validated. This vessel is offered subject to prior sale, price change or withdrawal without notice.


Our Formosa listing is a great opportunity to purchase a very nice 68' 68 New Horizon Caribbean. She is currently listed with United Yacht Sales broker Joseph Silhan who can answer all questions about the boat for you. Please don't hesitate to reach out to our team of professional yacht brokers to schedule a showing. There are many yachts listed for sale on the MLS each with a different history. We look forward to helping you complete your search for the perfect boat or yacht for sale.


United is the largest professional yacht brokerage firm in the world with over 150 yacht brokers in our network. By listing your boat or yacht for sale with us, all 150+ brokers on our team will be notified immediately which greatly increases the chances that your boat may sell before it ever even hits the market. With hundreds of used boats and yachts sold each year, there is no better team than United to help with the listing and sale of your vessel.


Buying a boat or yacht can be a daunting experience with so many available boats on the market. Let the team at United take the guesswork out of your boat search by enlisting one of our professional yacht brokers. Not only will we listen to your needs about budget, docking and storage, and how you plan on using your new boat, but we will do the research for you by looking through the MLS, researching the history of every listing, and negotiating on your behalf. From survey to acceptance, the team at United Yacht Sales is with you every step of the way.


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