This is a rare and unusual pond yacht as it was moanufactured by a company Valbaran of Milan in Italy.
We have not seen another yacht like her but her design suggests she was made in the 1960's or 70's. However, we have been unable to confirm any details on the internet.
She is made of aluminium with brass fittings. She has a removable keel and rudder.
She is completely original including the standing and running rigging. The sails are in very good condition although they are stained in places and there is one very small hole in the jib.
She has her original stand which sets her off very well. 
A rare and very decorative yacht.