The world’s largest catamaran, This Is It, is hitting the market, and it is time for yachting enthusiasts to sit up and take notice. The journey of this splendid vessel has been followed by Luxurylaunches since its concept stage. It later grew into a true showstopper, with its striking presence turning heads at the Monaco Yacht Show 2024. Now, still as new and novel as they come, the yacht has been listed for sale under a joint central agency with Michel Chryssicopoulos of IYC and Tommaso Chiabra of Royal Yacht International. The 144-foot catamaran is instantly recognizable, stands out in any marina, and is packed with oodles of wow factor. The vessel also delivers far more than its length suggests.
Tecnomar has truly outdone itself with this floating villa created for Tasos Papanastasiou, the self-made Cypriot entrepreneur behind the XM financial forex platform. The brief was clear; it had to be something no one had ever seen before, and the team delivered in spectacular fashion.
It was the vessel’s distinctive lines, bold silhouette, and asymmetrical form that sold the owner at first glance. Just as importantly, it was designed to handle the challenging winds and waves of the Greek seas, making the multihull configuration an ideal choice.
Inside, the yacht is designed for someone who wants to enjoy life even when far from shore. This Is It, which famously hosted Rihanna and A$AP Rocky during the 2025 Cannes Film Festival, is filled with thoughtful, indulgent details. Highlights include a glass pool aft with a waterfall cascading down the side, a card area, a humidor, and disappearing doors that make the Minotti-furnished main saloon feel seamlessly connected to the outdoors.
One feature that truly stands out for its glamorous flair is the leather-clad bar, which takes pride of place beneath a striking crystal light by Preciosa. The luminous installation forms a sinuous, undulating ribbon and ranks among the most resplendent elements on board. The main lounge also incorporates a cozy TV area with a lower ceiling, allowing comfort and conversation to coexist naturally.
With a gross tonnage of 758, the yacht accommodates up to 12 guests across five en suite cabins. The generously proportioned owner’s suite is fitted with a king-sized bed, a clever 11-foot asymmetrical skylight, a private lounge, and a panoramic terrace finished with beautiful stone flooring. Additional amenities of the ship that uses over 6,500 square feet of glass include an office, a tender garage, and four crew cabins. Each hull houses one of the twin 2,636-horsepower MTU engines.
One particularly unusual feature is the vertical garden with integrated lighting, which rises dramatically from the main deck to the upper deck. The upper deck also houses a spa and a playroom that can easily double as an additional guest cabin. Powered by twin MTU diesel engines, This Is It offers a top speed of 19 knots, a cruising speed of 14 knots, and a range of 3,600 nautical miles. Currently lying in Athens, Greece, This Is It is offered for sale at $53,500,000.
The notoriously discreet owner of This Is It-
Tasos Papanastasiou is a self-made Cypriot entrepreneur best known as the founder of XM, one of the world’s largest financial forex platforms. He is said to own a significant portion of the company, which serves over 10 million clients across 190 countries. Known for living life king-size, the businessman also has a generous heart. In September 2025, he launched the ENA Foundation in Cyprus, a non-profit focused on social inclusion, the upgrading of public spaces, and supporting athletes through a dual-career initiative called “Beyond the Medal,” which helps them transition into education and professional roles. As he has stated, “success has no meaning unless it is shared.”
