If you want a yard to finish it, it's going to be a lot of
money. Those 125k (because you paid 25k for the hull and engine) are going to be gone in ... 3 ... 2 ... 1. If you had the
electrical and building ability (wood paneling, fg work, etc) it would be a great
DIY project. 25k is not a bad
price for a solid hull and what appears to be a brand new
engine. If you want to enjoy spending the next 3-5 years of your life finishing it (time frame dependent on how much time and money you can throw at it).
Follow the thinking: you don't know what you don't know.
Youre better off with an older well cared for boat.
But, it could still be a good deal if you have 150k. I would do the following:
- find a yard close by to you and get them to give you a budget for finishing the
interior (woodwork,
fiberglass, etc) ... multiply whatever they budget by 2. It's really hard to know how much such a thing would cost with all the labor in by the yard.
- then find someone to do
plumbing and budget that, multiply by 1.5. Again, this is not as easy. You need vents, inlets, hoses, outlets,
tanks,
head, showerhead,
galley stuff, etc, etc.
- There's
electrical. This is a big one. Lot's of
cables, lights,
panels,
batteries, systems DC/AC,
charger, etc, etc, etc. It's a BIG ONE. Budget it, multiply by 1.5
- factor in transportation to that yard, whatever that implies
- budget around 10k for that
diesel install. You need tank, hoses, filter,
exhaust, etc
- then add 15k for
sails, 20k for a rig, 5k for a
dinghy, 4k for an
outboard, 5k for basic running
rigging, 10k
electronics
- think about winches, that is easily 10-15k for the basic
deck ones (2 big, 2 smaller), I tried to account for the
mast ones in
rigging.
- 10k for basic ammenities such as
cushions, mattress,
galley stuff, etc. (everyday living)
- 10k for
windlass,
anchor, chain, exterior lights, fenders, etc
That would more or less give you an idea of where you would be at. This is a very rough estimate, but it will still require A LOT of work, A LOT of supervision, and think you would still need to be ahead around 30-50k for unforseen stuff haha.
Bear in mind that the fact your boat will be new old stock will heavily reflect on its
price. On making it much lower than what costed you! So you better keep it for a good time to offset that impact.
The good thing is you will have a custom beautiful boat
. Just keep in mind it will eat all of your time, energy and willpower for the next 2 years, and that's thinking of outsourcing most of it.