If your not getting a smoking hot deal right now, don't buy.
As far as buying
in the Med vs Carib, the prices are a lot less in Carib. Probably 30%. The only issue is time to get the boat back to OZ if that is your plan. I would personally want to go via Panama
and French Poly vs around Somalia
. As a matter of fact, I'd probably prefer that route
even if I bought the boat in the Med.
I don't know if there are a lot of "traps" but research
is fun so keep it up. I spent 10 years browsing and 2 years searching to end up buying
within two hours of actually stepping on my boat, so be prepared.
I'll be in SXM quite often so if you find something there, let me know. I can also recommend a broker. Good luck.