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77data points analyzed by Sailpages.com to compile this MAT 12 buyer’s report
MAT 12

MAT 12

M.A.T.🇬🇷· Design: Mills Design
$267,089 avg$157,698 – $348,519 (3 listings)from 2006
$2.3K – $6.2K est. annual maintenance
Offshore CruisermonoFractional SloopFin

Specifications

Hull

LOA40.85 ft
LWL35.43 ft
Beam12.3 ft
Draft8.37 ft
Displacement15,741 lb
Ballast7,991.7 lb
Hull speed1.34·√LWL8.0 kn

Rig & Sails

Iforetriangle height42.58 ft
Jforetriangle base15.75 ft
Pmainsail luff54.33 ft
Emainsail foot19.26 ft
FLforestay15.8 ft
Mainsail900.4 sq ft
Jib (100%)335.3 sq ft
Spinnaker888 sq ft

About the MAT 12

Updated vers. is MAT 1245 (2012).

Sailpages Buyer's Take

The MAT 12 is a fractional sloop designed by Mills Design and built by M.A.T. in 2006. With a displacement of 15741.0 lb and a beam of 12.3 ft, this vessel represents a specific era of production where the total hulls built count remains unverified in available records.

Best for:
This boat suits coastal cruisers and those seeking a comfortable, stable platform with a Comfort ratio of 23.21, rather than high-performance racers. Its fractional sloop rig and substantial ballast of 7991.7 lb make it well-suited for relaxed cruising and single-handing.
Bluewater capability:
With a Capsize ratio of 1.97 and a D/L ratio of 158.01, the MAT 12 demonstrates moderate offshore suitability, offering stability for coastal passages but requiring careful assessment for extended bluewater voyages.
Comparables:
Comparable boats from the same era include other Mills Design vessels and similar 40-foot fractional sloops like the Beneteau First 40 or O'Day 40. They are comparable due to similar LOA dimensions around 40.85 ft and their focus on balanced cruising performance over pure speed.

Direct variant of the MAT 12

Near-identical models — same hull, builder and designer, re-badged or lightly changed. Specs and owner-reported issues are typically shared across the group, so a sister model's page may carry detail this one doesn't.

Performance

Comfort23.2
Capsize1.97
SA/Disp21.8
Disp/Len158
Bal/Disp50.8

ORC Performance Data(3 certificates)

Measured performance data from ORC (Offshore Racing Congress) certificates.

Polar Diagram

246810120°30°60°90°120°150°180°WIND
6kn8kn10kn12kn14kn16kn20knbeat VMGrun VMG

Boat speed (kn) vs. true wind angle. Source: ORC

Racing Ratings

GPH556.1 s/miOSN539.9

Triple Number

LowMedHighOffshore0.93161.20271.3491Inshore0.72270.98401.1305

ORC Measured

Displacement7308 kg (16115 lb)Wetted surface33.6 m² (362 ft²)Stability index46.3

Sail Areas (ORC)

Main58.4 m² (629 ft²)Genoa41.8 m² (450 ft²)Spinnaker152.8 m² (1645 ft²)Asymmetric49.6 m² (534 ft²)

Speed Table (kn)

TWA \ TWS681012141620
52°5.76.97.57.87.98.08.2
60°6.07.27.78.08.28.38.4
75°6.37.47.98.28.58.78.9
90°6.37.57.98.28.68.99.5
110°6.47.68.28.58.89.19.6
120°6.27.58.18.79.19.510.2
135°5.67.07.88.38.99.511.1
150°4.86.07.17.88.38.810.0
Beat VMG3.74.65.25.55.75.85.9
Run VMG4.15.26.16.97.58.08.9

Estimated Value

Low Confidence
Based on 3 listings
Low
$183,853
Estimated Value
$229,253
High
$267,620
Inflation-adjusted to 2026 USD

Estimated Cost of Ownership

Based on 40.85ft LOA. Actual costs vary by condition, usage, and local rates.

$/ft/mo
Annual Maintenance
$2.3K – $6.2K
Hull, rigging, sails, engine service
Annual Docking
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Annual Insurance
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Known Issues & Pre-Purchase Inspection

5 reported issues across 5 systems for the MAT 12, compiled from owner reports in sailing forums and owner-association material.

3 critical1 major1 minor
Interior1Deck1Rudder1Rigging1Structural1

Unlock the full inspection report

Thinking of buying a MAT 12? This is an in-depth report on the faults this model is known for — so you know exactly what to check when you walk the boat. For the price of a coffee.

  • All 5 specific issues — severity, symptoms & fixes
  • Model-specific pre-purchase inspection checklist
  • Downloadable PDF to take to your surveyor — yours to keep

One-time $2.99 · secure checkout by Stripe · instant access · 30 days online, PDF yours to keep

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