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Mengi Yay 115 Video Review: M/Y PANACEA After a Full 2025 Refit

By the YachtWay editorial deskUpdated October 2026Video walkthrough8 min read

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M/Y PANACEA is a 2011 Mengi Yay 115 that came out of a ground-up refit in 2025. We walked her from the swim platform to the engine room. She has five en suite staterooms for 10 guests, a main deck primary suite, a second full-beam master below, a flush sun deck with dining for 10 and a jacuzzi, and berths for six crew.

A 2011 hull that looks like a new build

The first thing we checked was the paint and the teak. Both are new: the exterior was repainted in 2022 and the caulking redone in 2023 and 2024. Inside, every piece of wood was replaced or refinished, the floors, wallcoverings and furniture are new, and the lighting and AV were redone, with Starlink on board. Up close, nothing gives away her age. The layout is what you want on a 115-footer: two owner-grade cabins, a VIP forward, two more guest cabins and a crew area that sleeps six.

The vibeModern refit, bright, very quiet below

The powerTwin Caterpillar C32 ACERT

Best forCharter or a big family, 10 guests

What stood out on board

A refit down to the walls
New wood, floors, carpet, furniture and wallcoverings, a full LED lighting retrofit, new AV with smart TVs and Starlink. The heads were redone in polished marble with new cabinetry.
A flush sun deck
Dining for 10, an L-shaped lounge, a jacuzzi with its own sunbed and sail shades, a bar and a crane that can lift a jet ski or a small tender.
Main deck primary suite
Full beam with a walk-in closet, his and hers sinks, and an LED mirror where you can change the light temperature and turn on anti-fog.
A second full-beam master
Below deck aft, with a king bed, vanity and a walk-in shower with a bench. The boat can work as a two-owner layout.
Six crew berths
Two crew rooms plus a captain's cabin with its own head. That is a lot of crew space for a 115-footer.
Spare cooling and power
Three chillers for the guest areas and one for crew. On our visit she ran everything on one chiller and one generator in tropical heat.

Mengi Yay 115 aft deck lounge with low seating and recessed lighting, YachtWay walkthrough frame — Aft deck lounge under the overhang, with hidden winches and cleats. 02:20

Mengi Yay 115 sun deck with dining table for 10 under the hardtop, filmed by YachtWay — Sun deck dining for 10, with an L-shaped lounge next to it. 07:16

Refitted main salon on the Mengi Yay 115 PANACEA with low TV and white ceiling — Main salon. The TV sits low so the view stays open. 10:20

Interior dining table for 10 with backlit book-matched marble on the Mengi Yay 115 — Dining for 10 in front of backlit book-matched marble. 11:50

Galley on the Mengi Yay 115 with long counters, glass-front fridge and windows — The galley runs along the windows, so the chef works in daylight. 13:20

Spec sheet at a glance

Feature	What you get	The benefit
Build	2011 Mengi Yay, built in Turkey, refitted 2025	New-build finish at a pre-owned price
Guests	5 en suite staterooms, 10 guests	Two full-beam masters plus a VIP forward
Crew	6 berths, captain's cabin with own head	Full crew without giving up guest space
Engines	Twin Caterpillar C32 ACERT, fully serviced	Common engines, easy to get serviced
Climate	3 guest chillers plus 1 for crew	Ran the whole boat on one in tropical heat
Generators	Two, one each side	One generator carries the full load
Helm	Raymarine displays on the bridge and sun deck	Two places to drive, with docking cameras
Galley	AEG five-burner cooktop, walk-in cold store	Provisions for a couple of weeks away
Connectivity	Starlink, new AV with smart TVs	Stream live sport or work at anchor

Aft deck and side decks

Wide side deck with high gunwales on the Mengi Yay 115 — High gunwales and wide side decks all the way forward. 03:35

The swim platform has a quick-fit ladder and a passerelle on the port side. Gates on both sides close off the aft deck, which is set up as a lounge rather than a second dining area.

Hidden deck gear.
Winches and cleats sit under the lounge cushions.
Fridge on deck.
A fridge and serving counter on the starboard side, so crew do not run inside.
Safe for kids.
The gunwales are high all the way to the bow.
Docking cameras.
Cameras on both sides help a short crew bring her in.

The sun deck

Sun deck helm station with Raymarine displays on the Mengi Yay 115 — The upper helm folds down at the push of a button. 08:05

The whole upper deck is teak and flush, with free-standing furniture you can move. The hardtop has a drop-down TV and spotlights for evenings.

Dining for 10.
Plus an L-shaped lounge and a coffee table.
Jacuzzi.
With its own sunbed and sail shades for extra cover.
Crane.
Room for one or two jet skis or a small tender.
Folding helm.
Raymarine displays, a Bimini for crew and a helm that folds away.

Main salon and dining

Backlit thin marble bar with wine fridge in the Mengi Yay 115 salon — Backlit marble bar with a wine fridge and glass drawers. 09:35

The salon doors open at the push of a button. Inside, the white ceiling, light furniture and wood floors make the space feel bigger. Our 6 ft 1 in presenter had plenty of headroom.

Bar.
Thin backlit marble, pull-out glass drawers and a wine fridge.
Lounge.
Swivel chairs and a low TV at eye level, so the view stays open.
Dining for 10.
Book-matched backlit marble, wood panels and LED accents.
Charging everywhere.
Power, USB-A and USB-C points throughout.

Galley and crew service

Main galley prep area with AEG cooktop on the Mengi Yay 115 — Main prep area with a fold-up counter extension. 14:45

The galley runs along windows, so the chef works in daylight. Crew have their own door out to the side deck.

Cold storage.
Glass-front fridge, freezer and a walk-in fridge and freezer behind.
Ice.
A large ice maker so you do not run out on long trips.
Extra counter.
A section lifts up to add prep space.
Cooking.
AEG five-burner cooktop, oven, microwave and a dishwasher.

Five staterooms

Full-beam main deck primary suite with king bed on the Mengi Yay 115 — The full-beam primary suite on the main deck. 17:12

Every cabin has its own bathroom, new wallcoverings and the same marble and finishes. Below deck the carpet is new and the sound insulation is very good: we filmed in a busy boatyard and heard nothing.

Primary suite, main deck

Walk-in closet.
At the entrance.
King bed.
Marble-inlay nightstands.
Bathroom.
His and hers sinks, LED mirror with adjustable light and anti-fog, walk-in shower.

Second master, full beam aft

King bed.
TV, closet and full-length mirror.
Vanity.
A vanity desk.
Shower.
Walk-in, with a bench.

VIP forward

Queen bed.
Plus a small sitting area.
Light.
Windows on both sides and a vanity desk.
En suite.
With a walk-in shower.

Twin cabin and fifth cabin

Twin beds.
They can take a filler, or come out for a gym.
Fifth cabin.
A queen bed.
Bathrooms.
Both have their own en suite.

Bridge, crew and engine room

Matte black bridge helm with Raymarine displays on the Mengi Yay 115 — The matte black bridge with Raymarine displays. 19:10

The bridge is matte black and simple. Thrusters, trim tabs and throttles are all within reach of the helm seat, and the Raymarine screens show the Caterpillar systems.

Crew quarters

Two-bunk room.
TV and its own shower.
Three-bunk cabin.
Storage under the beds.
Captain's cabin.
With a private head.

Engine room

Twin Caterpillar C32 ACERT.
Full services, including transmissions and heat exchangers.
Generators.
Two, one each side.
Systems.
Watermakers serviced, AC system inspected and descaled.

The verdict

PANACEA is a 2011 hull with a 2025 interior, fresh paint, new caulking and serviced Caterpillars. Up close the finish holds: the marble, joinery and carpet all look new, and she ran quietly on one chiller and one generator in tropical heat. Five en suite staterooms, two full-beam masters, berths for six crew and a sun deck that seats 10 for dinner make her ready for charter or a large family. For a 2011 hull, it is hard to find this much space and finish.

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In this video

Presented by: Heigo Paartalu; YachtWay Spotlight host
Filmed by: YachtWay Studios