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Old 29-10-2015, 01:52   #16
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Location: Greece
Boat: Beneteau Oceanis 393
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Re: What do you know of Brokers in Greece

VAT is a whole other issue. I reckon my wife now knows more about VAT on pleasure boats than most after 2 failed and 1 successful purchase (stories too long to relate here). It is a potential minefield. Never accept "it'll be ok". The potential downside if the paperwork doesn't come up to scratch is another 23% of the theoretical value of the boat (no matter what your purchase price may have been) as well as possible fines. You can still buy "professional" boats (ie chartered), but you have to factor in the extra 23% VAT which will have to be paid. Sunsail invariably have ex charter cats for sale excluding VAT, but they will be able to assist you in arranging VAT payment in the most efficient way.
The only downside with ex charter boats are generally engines with a large amount of running hours, although maintenance is generally very good. NB maintenance standards vary depending which operator. I would steer clear of any ex-Kyriakoulis charter yachts, I have inspected a few and have found the standard to be poor (although the prices sometimes reflect this).
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Old 29-10-2015, 03:55   #17
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Re: What do you know of Brokers in Greece

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Originally Posted by rabbi View Post
[

I guess i know that one as well. I inquired a few times over a couple of years and all boats were either 'just sold' or turned out to be worn neglected boats with a ridiculous price.
I think my yacht was listed for something like €20k over what the owner was asking.
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Old 29-10-2015, 07:36   #18
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Re: What do you know of Brokers in Greece

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There is no market for used boats without VAT.
Again, spaman is correct. There is of course a market for used boats without VAT but buyers will figure in the 20+% depending on location.
So just one paper is worth ten thousands euros.
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