Originally Posted by Boracay
If you want a project
to keep you amused for the next 5 years then this would be a great boat, particularly if you can take it out of the water
and move it next to your house.
That said, it's a '74 so in terms of resale it's not likely to be ever worth much more than what you pay for it. Have a look at my blog if you want to know how I know.
My standard "Wish I'd done this." comparison is with ex charter
boats. For what you'll have to put into this you could probably pay for the trip down, pick up an Oceanis
393, do any required upgrades and have change left over.
That can go both ways, however. The big outfits "cycle" charter
boats and keep them maintained, so that a boat sold out of charter will benefit from a change of running rigging
and a new head
, but otherwise should be OK. Other places run the boats into the ground (or reef) and I've seen some pretty horrible examples back here that have been bleached and cracked into premature old age. It depends on the commitment and budget
from the managers.