Type:

Motor

2011 Formula 45

Volvo IPS 600 · 380 Hours · Jet Ski Included

Asking price

THB 5,800,000

THB 7,200,000
Price reduced
approx. USD 172,000

Length overall

45

Jomtien, Thailand

2011 Formula 45 | Volvo IPS 600 | 380 Hours | Jet Ski Included

Overview

Now with a reduced price.

Asking price
THB 5,800,000
THB 7,200,000
Year built
2011
Length
45
Engines
2 × Volvo Penta IPS 600
Engine hours
380
Cabins
2
Bathrooms
2
Location
Jomtien, Thailand

About this yacht

A rare opportunity to own a beautifully maintained 2011 Formula 45 Performance Cruiser, extensively upgraded with brand-new Volvo IPS 600 drive units installed in 2023 by Volvo Penta Thailand.

Just reduced from THB 7,200,000 to THB 5,800,000.

With only 380 engine hours, joystick docking, premium navigation electronics, and a luxurious two-cabin layout, this Formula 45 delivers an excellent combination of performance, comfort and reliability.

Adding even greater value, the yacht is offered complete with a jet ski, making her ready for weekends away or entertaining family and friends from day one.

Key Specifications

Builder: Formula Boats
Model: Formula 45
Year: 2011
Price: THB 5,800,000
Previous Price: THB 7,200,000
Location: Thailand

Why This Formula 45 Stands Out

  • PRICE REDUCED from THB 7.2M to THB 5.8M
  • Only 380 engine hours
  • Brand-new Volvo IPS 600 drive units installed in 2023
  • Both engines fitted with new cylinder head blocks
  • Professionally maintained by Volvo Penta Thailand
  • Joystick docking for effortless manoeuvring
  • Jet ski included
  • Turnkey condition
  • Excellent value in today’s market

Performance & Engines

Powered by twin Volvo Penta IPS 600 diesel engines, this Formula delivers outstanding performance, fuel efficiency and precise handling.

Engine Package

  • Twin Volvo Penta IPS 600 Diesel Engines
  • Joystick Control
  • Only 380 Hours
  • Brand-New IPS Drives (2023)
  • New Engine Cylinder Head Blocks
  • Maintained by Volvo Penta Thailand

Accommodation

Comfortable overnight accommodation makes this yacht ideal for weekends away or longer cruising.

Layout Includes

  • 2 Double Cabins
  • 2 Bathrooms
  • Spacious Saloon
  • Fully Equipped Galley
  • Air Conditioning Throughout the Accommodation

Navigation & Electronics

  • Twin 12” Raymarine Chartplotters
  • Radar
  • Autopilot
  • AIS
  • Joystick Docking System

Additional Features

  • Air Conditioning
  • Modern Galley
  • Premium Interior Finish
  • Spacious Cockpit
  • Swim Platform
  • Recent Antifouling: August 2025
  • Jet Ski Included

Condition

This Formula 45 has been exceptionally well cared for, with major mechanical upgrades completed by Volvo Penta Thailand.

The installation of brand-new IPS drive units in 2023, together with new engine cylinder head blocks and professional servicing, gives the next owner significant peace of mind and represents substantial recent investment in the yacht’s mechanical systems.

Summary

The Formula 45 is renowned for combining luxury, performance and exceptional build quality. This example stands out thanks to its extensive recent mechanical investment, low engine hours and excellent equipment package.

With brand-new Volvo IPS drives, joystick control, Raymarine electronics, air conditioning and a jet ski included, this is a turnkey performance cruiser now offered at a significantly reduced price.

PRICE: THB 5,800,000
PREVIOUSLY: THB 7,200,000
LOCATION: JOMTIEN, THAILAND

Specification

Make

Formula Boats

Model

Formula 45

Year built

2011

Asking price

THB 5,800,000

Location

Jomtien, Thailand

Type

Motor

Condition

Excellent

Status

Available

Length overall (ft)

45

Beam (ft)

13.5

Draft (ft)

3.5

Hull material

Fiberglass

Engines

2 × Volvo Penta IPS 600

Engine hours

380

Cabins

2

Heads

2

Max passengers

6

Fuel capacity (L)

500

Water capacity (L)

200

Price THB

5800000

Video tour

A walk-through of this yacht on the water.

A small motorboat making a sharp turn on dark blue water, leaving a curved trail of white foam.

Request the spec sheet, a viewing or a sea trial

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WhatsApp, email or call. We are based in Thailand and can arrange a viewing of this yacht at short notice.

Frequently asked questions

Common questions about buying this yacht through our Thailand brokerage desk.

Is this yacht still available?

Open

Can I view this yacht in person?

Open

Has SeaSearcher inspected this yacht?

Open

Can a foreigner buy a boat in Thailand?

Yes. Foreigners can purchase boats in Thailand. However, the ownership and registration structure depends on the vessel, its current flag and how you intend to use it. A Thai company or partner is not automatically required simply to purchase a boat.

If a Thai flag or commercial operation in Thailand is required, additional ownership and regulatory requirements may apply. We can help guide you through the process and connect you with the appropriate local professionals.

Can I arrange an independent survey and sea trial?

Yes. We strongly recommend an independent survey and sea trial for any pre-owned boat.

You can appoint your own surveyor, or we can recommend independent surveyors familiar with boats in Thailand. The buyer normally covers the survey, haul-out and related costs.

If the survey identifies significant issues, these can be discussed with the seller and dealt with according to the agreed Sale & Purchase Agreement.

How does payment work?

Payment terms are agreed in the Sale & Purchase Agreement and normally involve a deposit followed by the balance once the agreed conditions have been met.

Payment is generally made by bank transfer, with USD commonly used for international transactions. Depending on the transaction, funds may be paid through an agreed client or escrow arrangement.

The survey and other agreed conditions are normally completed before the final payment. If significant issues are identified, the parties can agree on repairs, a price adjustment or other solution in accordance with the contract.

More questions about buying a boat in Thailand

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