Privilege 510 Signature: Inside S/V Sisu, a 2022 Bluewater Cat

A Marc Lombard-designed 50-footer that pairs ocean-crossing credentials with a saloon table that turns into a bed at the touch of a button.


The builder’s own walkthrough of the Privilege Signature 510 makes its priorities clear within the first minute: craftsmanship, attention to detail, and — as the narration puts it — “the joy of sailing.” This particular example, the 2022 S/V Sisu, is offered by Mark Wattrus, and the video gives a thorough sense of what a 50-foot Privilege catamaran sets out to do.

Designed to cross oceans

Three decades of collaboration with designer Marc Lombard underpin the Signature 510’s hull, and the sailplan is serious: an 88-square-metre fat-head mainsail and up to 120 square metres of gennaker. Electric winches keep that sail area manageable, and the rig is planned so every line leads back to a fully equipped helm station. The raised helm gets ergonomic seating for two — a small detail, but one that signals a boat meant to be sailed by a couple rather than a crew.

Privilege 510 Signature catamaran sailing under full main and headsail

Cruising practicalities are covered too. The dinghy drops from its davits at the touch of a button, and the coach roof can be fitted with solar panels — the video notes Privilege’s engineers are experienced with renewable energy systems. Touchscreen electronics, digital switching and monitoring give oversight of the boat’s systems, while a dedicated chart table in the saloon doubles as a desk.

Living aboard

The saloon is presented as the heart of the boat, with larger deckhouse windows and flush hatches delivering genuine 360-degree views. Superyacht designer Darnet shaped the contemporary interior, and the layout is customisable. One clever party trick: the saloon table drops electrically to become a large bed or sofa.

The galley is no afterthought — a three-burner hob and oven, dishwasher, and a 130-litre fridge, with generous storage. Aft through large sliding doors, the cockpit seats eight, with an optional gas grill and high-end entertainment systems. Bathing platforms and a deck shower round out the swim-and-sundowner routine.

Contemporary saloon and galley interior aboard the Privilege 510 Signature

Accommodation

The flexible layout offers up to four double cabins, each with its own shower room. The owner’s cabin can span the full 7.5-metre beam, with sprung bed frames and custom mattresses, an en-suite featuring his-and-hers basins and a rainforest shower head, and a dedicated dressing area to port with hanging space, cupboards and drawers. Guest cabins get air conditioning, music and configurable lighting and storage. Options extend to a washing machine and watermaker.

Market context

The Privilege 510 trades in a thin, high-value corner of the catamaran market — a handful of boats, and buyers who take their time.

MetricFigure
Sold, last 24 months2
Median sold price$1,345,000
Median time to sell~405 days
Active listings2
Asking range$1,399,000 – $1,749,000
Median asking$1,574,000
Privilege 510: median sold vs. current asking prices
Median sold (24 mo)
  
$1,345,000
Median asking (active)
  
$1,574,000
Low asking
  
$1,399,000
High asking
  
$1,749,000

For a buyer weighing a well-specified 2022 example, the video is a useful primer on what the model was conceived to be: safe, fast and, in the builder’s words, a bluewater masterpiece.

View the full listing on YachtSite.com

Mark Wattrus

By Mark Wattrus

Born and raised on the coast of South Africa—home to some of the world’s premier catamaran builders—Mark Wattrus was immersed in the marine lifestyle from an early age. His passion for the ocean first took shape through freedive spearfishing, where he trained under world record holder Trevor Hutton. That deep connection with the sea would eventually shape a global career both on deck and behind the scenes in the yacht industry. At just 18, Mark was awarded a bursary to earn his 200-Ton Captain’s License, and by 19, he had already skippered a 50ft catamaran to Madagascar through the Mozambican channel. Over the next decade, he logged multiple transatlantic and Indian Ocean crossings, and served aboard both high-performance sailing yachts and luxury catamarans. His hands-on sailing experience spans expedition charters, dive programs, delivery passages, and private liveaboard charters in the Seychelles, Madagascar, East Africa, and throughout the Caribbean—often alongside his wife, Halle, a professionally trained yacht chef. Mark’s technical proficiency was shaped in part by time spent in engine rooms learning under an Argentinian marine engineer. That early mentorship sparked a broader interest in marine systems, leading him to work closely with boatyards, shipyards, and manufacturers. He has since overseen major refits, supervised complex repair work, and most recently, managed the design, build, and successful delivery of two 57ft catamarans—guiding each project from concept to completion. As a professional yacht broker, Mark has developed a trusted reputation for navigating complex transactions with discretion, clarity, and care. He has facilitated the sale and purchase of catamarans across multiple continents, working closely with international clients, legal teams, surveyors, insurers, and shipyards. His deep understanding of contracts, marine documentation, flagging, and tax considerations ensures a seamless experience for buyers and sellers alike. Mark also holds a degree in Marketing and wrote his final thesis whilst sailing across the South Atlantic with his Halle. Whether you're looking to purchase a performance cruising catamaran, sell a liveaboard-ready vessel, or enter the charter market, Mark’s global network and specialist knowledge make him a valuable partner at every stage of the process. Mark is now based in Fort Lauderdale, Florida, with his wife Halle and their daughter Lily. When not sailing or working with clients, the family enjoys hiking and spearfishing in remote destinations.

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