Following a dream or a social requirement if you don’t suffer of seasickness, may be mesmerizing, but can turn into a very unpleasant experience, due to the complex process of mixing brokers and owners, sometimes of boat builders, or the future maintenance and crew. If you have hundreds of questions about it, arrange a priority for the following ones. I’m trying to answer them based upon my own experience and the one of a lot of other people in the yacht business.
1. What kind of yacht would I like, a sailing one or a motor-yacht?
That depends of what kind a person you are, and the purpose of the boat you want to buy. If you are the dynamic type, you’ll prefer a sailing yacht, speedy and ecological as it is, thrilling as any adventure one can imagine at sea. Dynamic or not, if you can afford luxury at sea, want to feel a superstar, the power yacht or motor-yacht will be the choice.
2. What PRICE are you ready to pay for the desired yacht?
On that answer can depend as well, the type of yacht you’re going to have, sailing or motor-yacht.
3. How big a yacht do you desire?
It’s simple. If you got enough, the length may be 100-150 ft. Enough means over €10 Million. Of course, there are boats for every budget (almost). One can buy with €100,000 something similar with a yacht, but generically speaking it’ll be just another boat, longer than 10 ft., of course.
4. What material will be your yacht built of?
Recommended is GRP, of course, this meaning Glass-Reinforced Plastic, or the glass fiber, but as good as it, and cheaper, could be the wooden boats, eventually with an epoxy coating, making them look brilliant. There are other choices as well, of course, Steel, Aluminum, Ferro-Cement, Composite.
5. Should my yacht be new or second hand?
Just my advice, be your first yacht a second hand one, not a new one. With reliable references of reliability, it is proven that the one used once at the passing of Atlantic, can be used again. If you don’t trust it but you bought it as an impossible to refuse bargain or offer, who knows, don’t do the trip over the ocean yourself, send your mother in law, or whoever, a nasty “friend” who’s courting your mistress to avidly. Joke aside, it seems to be obvious a matter of budget first, after that the rest. Newer doesn’t mean better.
6. How can I find a good broker?
Some say “referrals”; I say instinct and referrals. Seems natural to look the guy in the eye and smell the rat if it’s there. If the boat is there too, we’ll talk about it in a next post. It’s a matter of tactics here. Shall I charge you for the precious coaching? I’m gonna think about it.
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