A CLASSIC Fife of Fairlie yacht described as one of the world's most beautiful vessels has been put up for sale - with an asking price of over £3 million.

Designed and built by William Fife, the Mariquita is a 1911 Gaff Rigged Cutter, and was restored to her former glory in 2004.

She has since then go on to participate in numerous races, winning both the 2014 and 2015 "Panerai Big Boat Series", and is one of the few last remaining 19 metre class yachts.

The Mariquita was also built for Stothert at 96-feet with with a classic steel and wood Fife design and raced for three seasons before World War One broke out in 1914.

During the Second World War the yacht had its rigging removed and became a houseboat in Suffolk. She remained this way until the 1980s, when her transformation by Fairlie Restorations began.

William Collier came across her in 1987, had her restored and brought back into action.

The Mariquita wowed the sailing fraternity by scooping some big honours including winning the Monaco Classic, Régates Royales de Cannes and the Voiles de Saint-Tropez.

It is hoped that more success awaits the vessel after she made her return to the Fife Regatta in 2022 in a special homecoming.

The Fife Boatyard spanned three generations of the Fife family, with William Fife III designing world class sailing vessels which still sail around the globe and competed in the America's Cup in the early 20th century.

Full details of the ship and its specifications can be accessed at http://yachtmariquita.co.uk/