Affordable Guide to Acquiring a Yacht for Less Than £100,000
In the world of yachting, the £100,000 price point is a popular choice for both seasoned and novice sailors. According to broker David Morris, who deals frequently with yachts in this price range, buyers are typically price-sensitive.
For those considering a 35ft yacht around the £100,000 mark, it's essential to factor in additional costs. A survey can cost around £800, plus haul-out costs, which can amount to a significant sum.
One priority upgrade for many buyers is self-steering gear, whether autopilot or windvane. This equipment is crucial for long-distance sailing, making it a worthwhile investment.
Despite the price, adventures like the Atlantic Rally for Cruisers are still achievable with a sub-£100,000 yacht. Older Bavaria Cruiser models or well-equipped monohulls, suitable for coastal and limited offshore use, can typically be found in this price range.
Newer or larger yachts like the Bavaria Cruiser 46 exceed this price but offer a glimpse into the type and equipment level typical for offshore-capable yachts. Essential equipment for such vessels includes sturdy hull construction, reliable navigation instruments, safety gear, communication devices, a strong engine, adequate storage for provisions, and features ensuring comfort and durability.
Additional costs for outfitting a yacht for offshore use can reach tens of thousands of pounds. Extras like a generator, solar panels, bow thruster, or advanced autopilots add to the overall costs. A new engine, for instance, could set you back between £10,000 and £15,000.
Some sellers may pre-emptively replace expensive items like rigging to make their yacht more attractive for a quicker sale. On the other hand, some buyers might forego a survey, particularly for relatively new yachts.
In conclusion, the adage 'go small, go cheap, go now' is still feasible, albeit with 'cheap' being less cheap and fewer adventurous sailors today likely to build their own yacht. Nonetheless, the £100,000 yacht market offers a viable entry point for those seeking to embark on offshore sailing adventures.
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