2012 FAIRLINE TARGA 58 — PROJECT / REFIT OPPORTUNITY

One Owner Since New | Venezuelan Flag | 33 MPH September 2026 Sea Trial | Significant Recent Mechanical Investment

This 2012 Fairline Targa 58 has been owned by the same owner since new and is currently Venezuelan flagged.

She is being offered as a PROJECT / REFIT OPPORTUNITY, providing an attractive platform for a buyer looking for a Targa 58 with a known ownership history, substantial recent mechanical investment, and significant upside once the remaining cosmetic, fiberglass, electrical, and equipment items are properly completed.

The current owner has invested significantly in the vessel during 2025 and 2026, including running gear, propulsion-related maintenance, bottom service, exhaust and cooling systems, electrical and plumbing systems, and interior refurbishment.

While considerable money has been invested in the yacht, some of the previously completed cosmetic and refurbishment work does not currently meet the finish standard expected aboard a yacht of this caliber and will require correction, completion, or refinishing.

Importantly, the yacht was sea-trialed in open water in September 2026 and achieved approximately 33 MPH.

2025 MAINTENANCE & MECHANICAL INVESTMENTRunning Gear & Bottom

• Complete haul-out
• Pressure washing and bottom preparation
• Antifouling bottom paint
• Running gear serviced
• Propellers professionally reconditioned and dynamically balanced
• PropSpeed applied
• New shaft bearings installed
• Shaft seals serviced
• Shaft alignment completed
• Hydraulic swim platform brackets refinished
• Bow thruster serviced
• Rudder and hull zincs replaced

Engines, Exhaust & Cooling Systems

• Volvo Penta exhaust systems serviced
• New bypass valve installed
• Exhaust hoses, V-clamps, gaskets, O-rings, and related components replaced
• Cooling systems serviced using genuine Volvo Penta components

Propulsion

• Shaft couplings serviced
• Shaft bearings replaced
• Cutlass bearings serviced
• Propeller shafts inspected and serviced
• Direct shaft-drive configuration

2026 INTERIOR & SYSTEMS WORK

The vessel underwent an interior refresh during 2026, including:

• New interior upholstery
• Contemporary interior cosmetic updates
• New LED lighting throughout
• New switch panels
• Updated courtesy lighting
• Freezer replaced
• Shower sump pumps replaced
• Vacuum toilet systems rebuilt and serviced
• Windlass serviced, including chain counter, foot switches, and electrical components
• Additional general electrical servicing

Although the interior upholstery is new, several areas show installation and finishing details that require additional attention to achieve the level of fit and finish expected aboard a Fairline of this caliber.

The interior refurbishment should therefore be considered partially completed rather than a fully finished professional refit.

CURRENT CONDITION & KNOWN PROJECT ITEMS

This vessel is being presented with transparency as a project/refit yacht and not as a cosmetically turn-key vessel.

The exterior requires significant attention. A prospective buyer should anticipate professional fiberglass and gelcoat repairs in multiple areas throughout the yacht, followed by proper fairing, preparation, and refinishing.

The dark hull sides require refinishing/repainting and currently show fading, oxidation, scratches, surface marks, and deterioration of the existing finish.

Various white fiberglass and gelcoat surfaces also show cracking, chips, scratches, previous repair areas, surface deterioration, and unfinished cosmetic details.

Based on the yacht's current presentation, the exterior should be approached as a comprehensive cosmetic restoration rather than a simple detailing or polishing project.

Additional Known Items

• Retractable hardtop is currently inoperative. The motor is reported to be operational; the drive belt requires replacement.
• Power side windows are currently inoperative and require diagnosis and repair.
• Navigation electronics are dated and should be considered for replacement or upgrading.
• Fuel-level and temperature instrumentation requires attention and/or updating.
• Fiberglass and gelcoat repairs are required in multiple exterior areas.
• Dark hull sides require professional preparation and repainting/refinishing.
• Several previously completed cosmetic repairs require additional finishing or correction.
• New interior upholstery has installation and finishing details requiring attention.
• Various exterior components and surfaces require cosmetic restoration.
• A comprehensive exterior refit is recommended to return the yacht to the presentation standard expected of a Fairline Targa 58.

PERFORMANCE

Despite the cosmetic and project items described above, the yacht was sea-trialed in open water in September 2026 and reached approximately 33 MPH.

This is an important part of the vessel's value proposition: substantial investment has already been made in mechanical systems, running gear, and maintenance, while many of the remaining known items are concentrated in fiberglass and gelcoat restoration, exterior refinishing, electronics, instrumentation, accessory systems, and cosmetic finishing.

ACCOMMODATIONS

• Three guest staterooms
• Two guest heads
• Separate crew cabin with head
• Spacious salon
• Fully equipped galley
• Large cockpit and exterior entertaining areas
• Hydraulic swim platform
• Retractable hardtop

OWNERSHIP & DOCUMENTATION

One owner since new.

The yacht has remained under the same ownership since her original purchase and is currently registered under the Venezuelan flag.

Vessel documentation and ownership records can be made available for review as part of the purchase and closing process.

KEY HIGHLIGHTS

• One owner since new
• Venezuelan flag
• Approximately 33 MPH achieved during September 2026 open-water sea trial
• Twin Volvo Penta diesel engines
• Direct shaft drives
• Extensive 2025–2026 maintenance and mechanical investment
• Major running-gear service completed
• Bow thruster
• Hydraulic swim platform
• Three-stateroom layout
• Separate crew accommodations
• 2026 interior refurbishment
• New interior upholstery
• Strong candidate for a comprehensive cosmetic refit
• Offered as a PROJECT / REFIT OPPORTUNITY

THE OPPORTUNITY

This Fairline Targa 58 should be viewed for what she is today: a one-owner yacht with substantial recent mechanical investment, demonstrated running performance, and significant potential, but with a meaningful cosmetic and systems refit still to be completed.

The current owner has already invested considerably in maintenance, running gear, mechanical systems, and refurbishment. However, certain previously performed cosmetic work requires correction or completion, and the exterior needs significant fiberglass, gelcoat, hull refinishing, and detail work to restore the yacht to the standard this model deserves.

For the right buyer—particularly someone with access to an experienced yacht yard, fiberglass team, or refit resources—this represents an opportunity to acquire a Fairline Targa 58 at project-boat positioning, complete the remaining work properly, and potentially improve both her presentation and overall value.

The yacht is being offered with transparency regarding her current condition, known deficiencies, and remaining work. Prospective buyers are encouraged to conduct their own survey, mechanical inspection, documentation review, and sea trial to independently verify the vessel's condition, systems, and performance prior to purchase.