I am in the process of buying a yacht in the Med. If I find one on my own I will not put down any money until I have seen it myself.
I will certainly use one of the established brokers whether I find the yacht, or it is on their books
, as I need to be assured that my money will be safe in an escrew account. I prefer to use the facilities of a broker with reputation like Williams & Smithells, Ancastra etc. Others in this forum will give recommendations as well.
Same applies to surveyors. Recommendation of a surveyor who knows your type of yacht is the key to success.
Thus using recommended brokers with knowledge about financing
, and a recommended surveyo,r should give me confidence in both the yacht and the legal
aspects of having my money in a foreign country.
Best of luck with your quest.