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Old 15-10-2019, 14:05   #1
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Just bought our retirement home!

HI, my wife and are just finishing up purchasing a 2013 Lagoon 400S2 Owner Version, located in the Mediterranean. We currently live in Southern California and will be retired soon. Will be starting our retirement days cruising the Med. Exciting times ahead!
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Old 15-10-2019, 15:02   #2
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Re: Just bought our retirement home!

Quote:
Originally Posted by 69Datsun510 View Post
HI, my wife and are just finishing up purchasing a 2013 Lagoon 400S2 Owner Version, located in the Mediterranean. We currently live in Southern California and will be retired soon. Will be starting our retirement days cruising the Med. Exciting times ahead!
Congratulations and welcome. Let the good times begin.
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Old 16-10-2019, 00:09   #3
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Re: Just bought our retirement home!

Congrats and welcome from a fellow Lagoon 400S2 owner in the Med!! Great adventures are in store for the both of you.
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Old 16-10-2019, 00:53   #4
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Re: Just bought our retirement home!

Excellent. Can't think of a better way to retire! Lot's of adventures ahead for you both.



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Originally Posted by 69Datsun510 View Post
HI, my wife and are just finishing up purchasing a 2013 Lagoon 400S2 Owner Version, located in the Mediterranean. We currently live in Southern California and will be retired soon. Will be starting our retirement days cruising the Med. Exciting times ahead!
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Old 16-10-2019, 16:41   #5
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Re: Just bought our retirement home!

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Excellent. Can't think of a better way to retire! Lot's of adventures ahead for you both.
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Congrats and welcome from a fellow Lagoon 400S2 owner in the Med!! Great adventures are in store for the both of you.
We have been lucky enough to have a younger married couple, friends of ours, that wants to come along and have saved up funds to cruise with us. We are hoping they can make the journey for at least 3 years. We did an 8 day bareboat charter in the BVI with them, and we all had a great time. We viewed it as a test run of sorts. There is no real way to gauge the conditions of living with each other for months or years, without just trying. That's the beauty of having a Catamaran, we each get a hull as sanctuary. We have an Owner Version, even better for us. We are all excited to start the adventure!
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Old 17-10-2019, 06:13   #6
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Re: Just bought our retirement home!

You know what they say guests and fish start to smell after 3 days
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Old 17-10-2019, 08:25   #7
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Re: Just bought our retirement home!

Hopefully not the beginning of the end of the relationship..
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Old 17-10-2019, 09:31   #8
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Re: Just bought our retirement home!

Congratulations
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Old 17-10-2019, 12:38   #9
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Re: Just bought our retirement home!

Congrats 69Datsun510.

I am interested in learning from your purchasing experience and tips. I plan to upgrade my Oceanis 250 to a cat in the Med. There are a couple of good leads in Spain and Croatia. But I have not figured out what will involve beside my bring my checkbook.

Ciao.

J.
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Old 17-10-2019, 21:07   #10
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Re: Just bought our retirement home!

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You know what they say guests and fish start to smell after 3 days
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Old 17-10-2019, 21:08   #11
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Re: Just bought our retirement home!

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Hopefully not the beginning of the end of the relationship..
So do we, have to give it a go!
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Old 17-10-2019, 21:58   #12
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Re: Just bought our retirement home!

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Congrats 69Datsun510.

I am interested in learning from your purchasing experience and tips. I plan to upgrade my Oceanis 250 to a cat in the Med. There are a couple of good leads in Spain and Croatia. But I have not figured out what will involve beside my bring my checkbook.

Ciao.

J.
Best I can tell you, I'm no expert, is from my experience so far. I'm still going through it now.

Make sure you have a buying agent from the US to deal with your offer, setup a stateside escrow account, and procedures for the purchase. They can help with locating a boat for you, too. Make a first offer, once a price is agreed, go see the boat. Your agent will be able to guide you through the process. Just make sure you get one that has experience in international transactions. I did a LLC for the boat documents and USCG documented vessel.

I went over to Croatia to do the survey and sea trial. I don't recommend buying sight unseen. The airfare and stay can be done for under $2000. Shop the airfare and do an Airbnb. The Airbnb I stayed at, I could walk to the Marina, overlooked the harbor, was private, clean, and awesome people. I can't wait to go back!

I think the biggest wrench in the whole process so far for me, has been the insurance. You'll need ASA sailing classes 101,103,106, and 114 if you buy a catamaran, logged hours on a similar vessel. If you don't have the ASA but years of experience, checkout NauticEd website. You can create a logbook, do certifications, etc. Will also need to get a ICC license to operate in the Mediterranean, there are threads on the forum on this subject and NauticaEd covers how to get one. Insurance may still want a licensed Captain to check you off for operating the vessel you buy, If you don't have documented certifications, especially if the vessel is considerably larger then you have experience on. I'm still going through the insurance process. I'm hoping my friend who is going with us, he has a USCG Master 50-ton license and sailing endorsement, can get approved by the insurance to sign me off for competency of operating my new boat.

Hope that helps you get a better picture of the process and good luck
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Old 17-10-2019, 22:12   #13
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Re: Just bought our retirement home!

Looks like an amazing boat, I watched a youtube promo vid about it. I hope it comes with washer/dryer.


Enjoy.
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Old 18-10-2019, 10:54   #14
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Re: Just bought our retirement home!

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Best I can tell you, I'm no expert, is from my experience so far. I'm still going through it now.

Make sure you have a buying agent from the US to deal with your offer, setup a stateside escrow account, and procedures for the purchase. They can help with locating a boat for you, too. Make a first offer, once a price is agreed, go see the boat. Your agent will be able to guide you through the process. Just make sure you get one that has experience in international transactions. I did a LLC for the boat documents and USCG documented vessel.

I went over to Croatia to do the survey and sea trial. I don't recommend buying sight unseen. The airfare and stay can be done for under $2000. Shop the airfare and do an Airbnb. The Airbnb I stayed at, I could walk to the Marina, overlooked the harbor, was private, clean, and awesome people. I can't wait to go back!

I think the biggest wrench in the whole process so far for me, has been the insurance. You'll need ASA sailing classes 101,103,106, and 114 if you buy a catamaran, logged hours on a similar vessel. If you don't have the ASA but years of experience, checkout NauticEd website. You can create a logbook, do certifications, etc. Will also need to get a ICC license to operate in the Mediterranean, there are threads on the forum on this subject and NauticaEd covers how to get one. Insurance may still want a licensed Captain to check you off for operating the vessel you buy, If you don't have documented certifications, especially if the vessel is considerably larger then you have experience on. I'm still going through the insurance process. I'm hoping my friend who is going with us, he has a USCG Master 50-ton license and sailing endorsement, can get approved by the insurance to sign me off for competency of operating my new boat.

Hope that helps you get a better picture of the process and good luck
NOOB question here - Are ASA (and/or other) certifications required for insuring via US insurance companies, or insurance from any company in the world ?
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Old 18-10-2019, 15:07   #15
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Re: Just bought our retirement home!

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Looks like an amazing boat, I watched a youtube promo vid about it. I hope it comes with washer/dryer.


Enjoy.
Thank You! Doesn't currently have a washer/dryer, but who knows in the future its a possibility
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