General Info: Buying a Lagoon

[IanClarke]

Hi Frank,
you ask how are we? We are envious. Sitting on a boat full of Australian wine, life deos not get any better. We are missing our new L450 in Sydney. We had to move to the USA for my wifes employer for a 12-24 months. We can buy Aussie wine in the USA but I the commute to our boat is 24 hours of flying :-(
Was the boat you purchased called Back Pearl? or do I have you confused with another forum user?

[Lagoon4us]

Hi Ian no we purchased MAJUEN an Austrian boat in CROATIA, Black Pearl just didn't compare, i think i have pictures on my page?? Anchored in lee of a small island now it's blowing around 25/30kn we had a fantastic sail this morning...... Love this boat!!

[monte]

congrats again , glad your enjoying it! pics? Id like to see as well if you have some
Monte

[Lagoon4us]

I tried posting on my profile are they there?

[monte]

yup . looks AWSOME! thanks
well done!
BTW, how do you go with VAT? Do you have 18 months to cruise the Med before you have to leave EU waters?
(or pay VAT)

[Lagoon4us]

I believe because the vessel is flagged Australian then the only tax laws that apply to a registered Australian ship on entry to AUSTRALIA applies.
Take the previous owner he has never paid VAT on this boat it has sat in Croatia for 4-1/2yrs... I can buy say a new sail VAT free from France/Germany wherever and claim exempt because it is for a flagged Australian ship. Cheers

[Bill4]

Originally Posted by Lagoon4us

I believe because the vessel is flagged Australian then the only tax laws that apply to a registered Australian ship on entry to AUSTRALIA applies.
Take the previous owner he has never paid VAT on this boat it has sat in Croatia for 4-1/2yrs... I can buy say a new sail VAT free from France/Germany wherever and claim exempt because it is for a flagged Australian ship. Cheers

No, I don't think that is correct. As a non-European citizen you may keep your Australian flagged boat in European waters for a maximum of 18 months before the boat becomes liable for VAT. I believe that Croatia is set to become part of the EU in July 2013 so I guess the clock will start ticking from then.

[Lagoon4us]

Yes what you are saying is correct so if we stay around Croatia for a year then the time span gives us essentially a couple of 2.5 years to exit so we can ARC it south to the Carribean....... Love it!!!

[Sunray31123112]

I have a Lagoon 420, 2008, recent overhaul top to bottom, currently lying in the bahamas. Details available upon request

[careka]

Originally Posted by Lagoon4us

Yes what you are saying is correct so if we stay around Croatia for a year then the time span gives us essentially a couple of 2.5 years to exit so we can ARC it south to the Carribean....... Love it!!!

or , take a tripp into Turkey, and you are good for new 18months.

happy sailing.

[Lagoon4us]

Originally Posted by careka

or , take a tripp into Turkey, and you are good for new 18months.

happy sailing.

'Tis good, wifey is talking of us doing just that.... Cheers

[bryguy67]

Originally Posted by Lagoon4us

Hi Ian no we purchased MAJUEN an Austrian boat in CROATIA, Black Pearl just didn't compare, i think i have pictures on my page?? Anchored in lee of a small island now it's blowing around 25/30kn we had a fantastic sail this morning...... Love this boat!!

Frank, I see that Black Pearl has been reduced $80,000 U.S. Was there anything major wrong in the survey or in general condition? I realize that you feel MAJUEN was overall a better boat, but Black Pearl seems like a good buy at $420,000 U.S. What were your main concerns about her? -Thanks

[Lagoon4us]

Originally Posted by bryguy67

Frank, I see that Black Pearl has been reduced $80,000 U.S. Was there anything major wrong in the survey or in general condition? I realize that you feel MAJUEN was overall a better boat, but Black Pearl seems like a good buy at $420,000 U.S. What were your main concerns about her? -Thanks

PEARL was offered as being meticously maintained, she wasn't, simple as that. The vessel we have bought like others offered here are impeccable.
It is only my opinion BUT she would have to be offered for far lees than that for us to close, her equipment is very good ie loaded but hours are nearing that of a charter boat so i guess the price paid would need to reflect that. Cheers

[Surfer Girl]

G'day Frank,

I just found this thread. No wonder you're stoked! Well maintained private owner 440 with free mooring in Croatia for 3 months.... you lucky bastard! Ha! Good onya.

I just checked the photos of Domino and she looks immaculate. I'll continue my search in the Caribbean & the Med into the European winter - I've noticed there are less good deals in the Med at the moment compared to 6 months ago (European winter) but that makes sense because they're into their boating/charter season now. We have to sell our business first and organise cruising with 3 kids before we can go...

If you get a chance post up some more photos of Domino and you & missus enjoying your new cruising lifestyle. When are you planning to get to Turkey? I've always wanted to cruise there...

Regards, Markus

[D&D]

Originally Posted by Lagoon4us

How are you guys?

How's it going there Frank? As the winter chills hit here -- We're counting down to embarking north to 'hide' along the QLD coast and Whitsundays -- we imagine you're basking () in the Mediterranean summer?