Cruisers Forum
 


Join CruisersForum Today

Reply
 
Thread Tools Rate Thread Display Modes
Old 19-06-2017, 22:46   #1
Registered User

Join Date: Jul 2015
Posts: 21
FORMOSA 46 sloop 1987, Estate Sale US$ 22,000

Vessel is securely located in Malaysia

LOA: 4310 13,36m
LWL: 388 - 11,36m
Beam: 1211 1,98m
Draft: 64 3,93m
Gross weight: ~ 25 tons
Net registered weight: 16 tons
Built by Formosa Boat Building, Taiwan in 1987
Built in GRP
Sloop
Stem: raked; Stern: transom
Yanmar 4JH2-TE marine diesel engine
Registered in NZ


The accommodation layout is such as to have a large double berth cabin forward, with bathroom facilities on the port side, immediately aft. There is a second large double cabin aft, with ensuite. Between the two staterooms, in the forward part is the main saloon, while aft, on the port side, is the galley and to starboard, the navigation station. The auxiliary engine is located beneath the cockpit, behind the accommodation
access companionway


ELPIDIA INVENTORY
Battened mainsail/Furling headsail/Hank on jib/Spinnaker/Spare headsail
Westabeke diesel generator, 8 KVA. 3 Cylinder, under v berths.
Electric marine toilet. shower. wash sink
Lockers under seats: General spare parts, electrical, fuses, switches, various bulbs and sockets. Yamaha petrol generator ET500.
spare parts for auto pilot, tools various.
12 volt fans & 240 volt fans. Sony FM radio. DVD player. Radio casette player. Digital compass Alpha marine. Clock and barometer.
Flares and general safety equipment. New rigging screws x 3. Spare deck winch. Various papers charts.
Simrad AP20 Auto Pilot + remote. MX Navigator + 2 spare units. Furuno Radar. Furuno GPS GP32. Polaris HA 440. Full set of Dataline Instruments.
VHF IC 127 radio. VHF ICOM MC 500 radio. HF ICOM M710 radio. Kenwood 500. Sola and meters. 2 x compass. Control panel.
Nav station desk: Navigation aids and equipment for charts work. Flare gun. Flash lights. Instruments checked and working.
HRO System 9 Seawater Desalinator. EPIRB ACR RLB-20. Fridge freezer steel lined approx 100 litre capacity. Pressure water system.
stainless steel 3 burner cooker plus oven. LPG monitor. Water purifier. stainless sink.
Charles 60 amp 5000SP battery smart charger x 2. Zinc saver II Isolator.
Main motor : Yanmar 4JH 2E Turbo 62 HP. Ducted air condition compressor unit. Fridge/freezer compressor unit. Hotwater system. Pressure water pumps.
Waeco Coolamatic 12 volt/ 240 volt Refrigerator approx 100 litre capacity. (working). Country courtesy flags and full set of signal flags.
Electric toilet, shower, and wash basin.
Under berths and in lockers: Spare logs (not installed). Spare depth sounders (not installed) spare 12 volt fans x3. Socket sets x 3. Drills. Sanders. various tools in boxes.
spare cables, screened. Auto pilot and Instrument spare parts. Auto pilot drive unit. Solder irons electric and gas. New PSS stern seal complete. Simrad auto pilot &
GPS antennas(not installed). TV antenna x 2(not installed). Spray paint outfit. Rivet gun kit. 12 volt 50amp alternator (spare). Morse cable control unit (spare)
Fuel filters. life buoy lights. Tapered wooden plugs various. Anodes for Max Prop. various power tools.
Hookah Sea Breath Dive kit. Bosuns chair. Fridge leak seeker.
Life raft. LPG bottles. Yamaha 6HP outboard. Mercury 9.9 outboard. Electric anchor winch Maxwell Nielson. Steering station with full instruments and compass.


The amount of gear, parts, equipment, and general boaty things make it a very attractive buy. There is extensive equipment installed and not installed, and much more too numerous to list.


Asking price: AU$55k for the yacht as she is. There is nothing on the market similar to Elpidia in the AU$40-55k range expect for a yacht in France which is not as good feature wise as Elpidia and on the market for more than AU$60k. With a bit of work Formosa 46 yachts are selling in excess of $120k.
The vessel is in good condition other than some water damages on ceiling ply due to a leaking chain plate and generator corrosion problems.
Because of these 2 issues needing some repairs, the vessel is sold at this unusual low price in order for the Estate to sell quickly.
Attached Thumbnails
Click image for larger version

Name:	Elpidia.jpg
Views:	1149
Size:	400.9 KB
ID:	150227   Click image for larger version

Name:	Elpidia exterior - deck aft.jpg
Views:	1149
Size:	425.7 KB
ID:	150228  

Click image for larger version

Name:	Elpidia exterior - deck front.jpg
Views:	1123
Size:	430.4 KB
ID:	150229   Click image for larger version

Name:	Elpidia engine room.jpg
Views:	1200
Size:	427.3 KB
ID:	150230  

Click image for larger version

Name:	Elpidia engine.jpg
Views:	1205
Size:	451.3 KB
ID:	150231   Click image for larger version

Name:	Elpidia interior 2.jpg
Views:	1220
Size:	409.2 KB
ID:	150232  

Click image for larger version

Name:	Elpidia interior looking aft.jpg
Views:	1186
Size:	392.7 KB
ID:	150233   Click image for larger version

Name:	Elpidia interior.jpg
Views:	1165
Size:	408.6 KB
ID:	150234  

__________________

__________________
paulo7 is offline   Reply With Quote
Old 03-07-2017, 04:12   #2
Registered User

Join Date: Dec 2009
Location: Hong Kong
Posts: 118
re: FORMOSA 46 sloop 1987, Estate Sale US$ 22,000

Hi

Where in Malaysia ?
Could you send me a PM? I could not find the option

Regards
Andres
__________________

__________________
andreshs1 is offline   Reply With Quote
Old 03-07-2017, 04:41   #3
Registered User

Join Date: Jul 2015
Posts: 21
re: FORMOSA 46 sloop 1987, Estate Sale US$ 22,000

Ok, I send you a PM now ...
__________________
paulo7 is offline   Reply With Quote
Old 03-07-2017, 08:28   #4
Registered User

Join Date: Jun 2017
Location: Subic Bay Philippines
Posts: 537
re: FORMOSA 46 sloop 1987, Estate Sale US$ 22,000

Hi, where in Malaysia is she (langkwai ?) What are the contact details?
__________________
Captsteve53 is offline   Reply With Quote
Old 08-07-2017, 15:56   #5
Registered User
 
danthesailorman's Avatar

Join Date: Mar 2010
Boat: Irwin Citation 34
Posts: 1
re: FORMOSA 46 sloop 1987, Estate Sale US$ 22,000

Hey Paulo, could you post or send me something more specific? I'd like to know where, and your contact details. You can PM me if that works for you.
Thanks,
Dan
__________________
danthesailorman is offline   Reply With Quote
Old 09-07-2017, 03:33   #6
Registered User

Join Date: Jun 2017
Location: Subic Bay Philippines
Posts: 537
re: FORMOSA 46 sloop 1987, Estate Sale US$ 22,000

Dan,

The yacht is located in Malaysian waters in a small quiet marina just across the water from Singapore ( Opposite Changi Sailing club in the eastern end of the island).

Marina is called Sebana Cove Marina (1 23 N-104 6 E)- the owners son is the correct guy to make contact with as Richard Deraat who has power of attorney (richard.deraat@gmail.com), please mention to Richard you received this from Capt Steve Warren Thx
__________________
Captsteve53 is offline   Reply With Quote
Old 11-07-2017, 04:21   #7
Registered User

Join Date: Jul 2015
Posts: 21
re: FORMOSA 46 sloop 1987, Estate Sale US$ 22,000

Someone visited the boat a few days ago and here is his report .... it will give you a better idea of the condition of the vessel now:
---
I visited the boat today with G.



Unfortunately this is a bigger project than anticipated, the gelcoat is peeling off in several areas, including coach roof. In addition there are several soft areas on the deck where water seems to have gotten through the teak.


I can appreciate that there is a serious amount of hardware in the boat, and that the engine is fairly new. But this is not a boat I can take on right now.
----
The asking price more than reflects that amount of work ... be sure you have some time and some money to restore the boat well .... what should cost you a lot less than other Formosa currently on the market ..





Quote:
Originally Posted by paulo7 View Post
Vessel is securely located in Malaysia

LOA: 4310 13,36m
LWL: 388 - 11,36m
Beam: 1211 1,98m
Draft: 64 3,93m
Gross weight: ~ 25 tons
Net registered weight: 16 tons
Built by Formosa Boat Building, Taiwan in 1987
Built in GRP
Sloop
Stem: raked; Stern: transom
Yanmar 4JH2-TE marine diesel engine
Registered in NZ


The accommodation layout is such as to have a large double berth cabin forward, with bathroom facilities on the port side, immediately aft. There is a second large double cabin aft, with ensuite. Between the two staterooms, in the forward part is the main saloon, while aft, on the port side, is the galley and to starboard, the navigation station. The auxiliary engine is located beneath the cockpit, behind the accommodation
access companionway


ELPIDIA INVENTORY
Battened mainsail/Furling headsail/Hank on jib/Spinnaker/Spare headsail
Westabeke diesel generator, 8 KVA. 3 Cylinder, under v berths.
Electric marine toilet. shower. wash sink
Lockers under seats: General spare parts, electrical, fuses, switches, various bulbs and sockets. Yamaha petrol generator ET500.
spare parts for auto pilot, tools various.
12 volt fans & 240 volt fans. Sony FM radio. DVD player. Radio casette player. Digital compass Alpha marine. Clock and barometer.
Flares and general safety equipment. New rigging screws x 3. Spare deck winch. Various papers charts.
Simrad AP20 Auto Pilot + remote. MX Navigator + 2 spare units. Furuno Radar. Furuno GPS GP32. Polaris HA 440. Full set of Dataline Instruments.
VHF IC 127 radio. VHF ICOM MC 500 radio. HF ICOM M710 radio. Kenwood 500. Sola and meters. 2 x compass. Control panel.
Nav station desk: Navigation aids and equipment for charts work. Flare gun. Flash lights. Instruments checked and working.
HRO System 9 Seawater Desalinator. EPIRB ACR RLB-20. Fridge freezer steel lined approx 100 litre capacity. Pressure water system.
stainless steel 3 burner cooker plus oven. LPG monitor. Water purifier. stainless sink.
Charles 60 amp 5000SP battery smart charger x 2. Zinc saver II Isolator.
Main motor : Yanmar 4JH 2E Turbo 62 HP. Ducted air condition compressor unit. Fridge/freezer compressor unit. Hotwater system. Pressure water pumps.
Waeco Coolamatic 12 volt/ 240 volt Refrigerator approx 100 litre capacity. (working). Country courtesy flags and full set of signal flags.
Electric toilet, shower, and wash basin.
Under berths and in lockers: Spare logs (not installed). Spare depth sounders (not installed) spare 12 volt fans x3. Socket sets x 3. Drills. Sanders. various tools in boxes.
spare cables, screened. Auto pilot and Instrument spare parts. Auto pilot drive unit. Solder irons electric and gas. New PSS stern seal complete. Simrad auto pilot &
GPS antennas(not installed). TV antenna x 2(not installed). Spray paint outfit. Rivet gun kit. 12 volt 50amp alternator (spare). Morse cable control unit (spare)
Fuel filters. life buoy lights. Tapered wooden plugs various. Anodes for Max Prop. various power tools.
Hookah Sea Breath Dive kit. Bosuns chair. Fridge leak seeker.
Life raft. LPG bottles. Yamaha 6HP outboard. Mercury 9.9 outboard. Electric anchor winch Maxwell Nielson. Steering station with full instruments and compass.


The amount of gear, parts, equipment, and general boaty things make it a very attractive buy. There is extensive equipment installed and not installed, and much more too numerous to list.


Asking price: AU$55k for the yacht as she is. There is nothing on the market similar to Elpidia in the AU$40-55k range expect for a yacht in France which is not as good feature wise as Elpidia and on the market for more than AU$60k. With a bit of work Formosa 46 yachts are selling in excess of $120k.
The vessel is in good condition other than some water damages on ceiling ply due to a leaking chain plate and generator corrosion problems.
Because of these 2 issues needing some repairs, the vessel is sold at this unusual low price in order for the Estate to sell quickly.
__________________
paulo7 is offline   Reply With Quote
Old 13-08-2017, 05:50   #8
Registered User

Join Date: Jun 2017
Posts: 14
re: FORMOSA 46 sloop 1987, Estate Sale US$ 22,000

Has the user current " unrest" in the neighborhood created any difficulties. What would it take to transfer the registration fro m estate to Current NZ ? Than to USCG registration?
__________________
sailorsmith1956 is offline   Reply With Quote
Old 13-08-2017, 07:44   #9
Registered User

Join Date: Jun 2017
Location: Subic Bay Philippines
Posts: 537
re: FORMOSA 46 sloop 1987, Estate Sale US$ 22,000

Current "unrest"???,, The vessel is in Malaysia a few miles across from Singapore and Changi Sailing club on the Eastern end of the island.

It is currently in NZ registration as i know it so it would just need a change of ownership and re issue of the new registration with new owners name, if changing to US registration a simple deletion from NZ registry is gained from NZ after a request letter to do so, it then can be registered any where depending on the new owners requirements,
__________________
Captsteve53 is offline   Reply With Quote
Old 14-08-2017, 03:47   #10
Registered User
 
lucseawalker's Avatar

Join Date: Dec 2009
Location: Philippines
Boat: Norman Cross 46
Posts: 227
re: FORMOSA 46 sloop 1987, Estate Sale US$ 22,000

What unrest??
Changing ownership of a boat is never that complicated after you purchase it and have a valid bill of sales.

Quote:
Originally Posted by sailorsmith1956 View Post
Has the user current " unrest" in the neighborhood created any difficulties. What would it take to transfer the registration fro m estate to Current NZ ? Than to USCG registration?
__________________
"Condemnation without investigation is the height of ignorance" Albert Einstein
lucseawalker is offline   Reply With Quote
Old 10-11-2017, 04:07   #11
Registered User

Join Date: Jul 2015
Posts: 21
FORMOSA 46 sloop 1987, Estate Sale US$ 22,000 (reduced from 42K)

If you are looking for a sturdy boat that only need a little work and some TLC, check this one! The price just got reduced to 22k from 42K ... to have a quick sale. Great investment if you can do the work yourself, you should be able to sell for way more than your time & expenses!

I don't think it will last long at this low price ...
__________________
paulo7 is offline   Reply With Quote
Old 20-11-2017, 07:31   #12
Registered User

Join Date: Dec 2013
Posts: 89
re: FORMOSA 46 sloop 1987, Estate Sale US$ 22,000

I'm still interested. Maybe meet halfway?


Sent from my iPhone using Cruisers Sailing Forum
__________________
piloto is offline   Reply With Quote
Old 21-11-2017, 09:50   #13
Registered User

Join Date: Jul 2015
Posts: 21
re: FORMOSA 46 sloop 1987, Estate Sale US$ 22,000

We have someone looking at the boat now and getting it at the new reduced price. That was halfway already ...
So the boat is off the market temporarily until the deal go one way or the other ...

Quote:
Originally Posted by piloto View Post
I'm still interested. Maybe meet halfway?


Sent from my iPhone using Cruisers Sailing Forum
__________________
paulo7 is offline   Reply With Quote
Old 23-11-2017, 16:35   #14
Registered User

Join Date: Nov 2017
Posts: 1
re: FORMOSA 46 sloop 1987, Estate Sale US$ 22,000

...and the 'someone' is going to conclude the deal
__________________
swolf is offline   Reply With Quote
Old 26-11-2017, 06:57   #15
Registered User

Join Date: Nov 2017
Posts: 1
re: FORMOSA 46 sloop 1987, Estate Sale US$ 22,000

Hi
I am interested. If someone not yet decided.
Please let me know.
skslwmdrnjs@daum.net

Thanks and regards
Giho I
__________________

__________________
igiho is offline   Reply With Quote
Reply

Tags
formosa, sale, sloop

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
For Sale or Trade: 1984 Prout Snowgoose 37' $75,000 or Trade for Real Estate or Equipment jphillips48 Classifieds Archive 5 07-01-2012 06:17
For Sale or Trade: 1987 Tashiba 40 Sailboat: Owners Will Consider Trade for Real Estate Agur's Wish Classifieds Archive 7 12-11-2011 06:38



Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 16:34.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.