For Sale: Best Sailing Arrangement In The British Virgin Islands

[gts1544]

BEST SAILING ARRANGEMENT IN THE BRITISH VIRGIN ISLANDS


1986 Beneteau 41' Sloop “REGGAE” based in the BVI's shared by 9-11 owners @ a month each / Some website scheduling flexibility, including unused time (at no additional cost) / USCG Documented (the boat is considered US territory anywhere she sails) / Annual BVI Temporary Importation Permit (thus negating the need for expensive Cruising Permits) / Annual BVI National Parks Trust Permit (allowing you to use premium diving location mooring balls free of charge) / USC & BP Decal yearly (allowing free Customs clearance into the USA / USVI & Puerto Rico)
Corporate owned / Share issued to each owner, saleable when leaving the group / Totally Democratic Group, no dominating managing partner - 1 vote per share / Dues $175 per month paid quarterly in advance = $2100 annually for a full month + $50 annual scuba tank maintenance fee, if a user / No commercial activity – owner-share holder must be aboard (Cost sharing acceptable) / Insurance Coverage $45K hull & dinghy – $500K liability (Navigational Limits – Entire Caribbean within 250 NM of land, excluding Columbia / Cuba / Haiti)
2 Cabins plus Salon / Sleeps 7 (4 is much better) / 2 Heads / Full galley – Solenoid Protected 2 burner propane stove with oven / Newer Isotherm 12V fridge / Double sink with pressure water / Bimini with side curtains / Newer Air Breeze Wind generator keeps newer AGM house batteries fully charged / Newer 11' AB RIB with 15 HP Yamaha – gutsy / Aft swim - dive platform with a hinged boarding ladder and a fresh water shower / Dedicated Battery Powered Electric anchor windlass with 120’ of chain, plus rode / New Pro Furl Roller furling gear for headsail / New Lazy Jack system on the mainsail / New Running Rigging / Perkins 4-108 50 HP diesel – very reliable (1/2 GPH @ 5-6 knots) / Garmin GPSMAP 546s Chart Plotter (Eastern Caribbean coverage) with Tri-Data Sounder (Depth, Speed & Temperature) / Six scuba tanks onboard / Breezy smooth base mooring / Great Homogenous Group / Listing the January, August, September & December months / One time share purchase of $5500, negotiable with owner, plus annual dues on schedule, / Contact George / 307-256-6650 Cell or gtspettigue@gmail.com
Revised 6/11/14

[GravityCoaches]

From someone living aboard and familiar with costs in the BVI, that sounds like a very nice deal for someone wanting to spend only a month per year on the boat. Four weeks for the little more than the price of a one week charter (though with an older boat), and some good months up for offer.

I am sure an interested party would want to be sure of triple net costs and who was responsible for the inevitable costs of engine and other major repairs and sail replacement, but overall, this seems like a lot of boat for not too much commitment.

A nice "starter cruiser" package. Hope it works out for you.

[gts1544]

GravityCoaches, Thank you for your observation! From someone who lived and sailed Puerto Rican waters for 12 years, then returned to the big "GRINGO" island, I had always wanted to get back down there to sail. This arrangement with REGGAE was formed in1995 and I bought my first share in 1997, so I have been with this group for 18 years. It hasn't all been "milk and honey", but we have worked our way through the rough spots, learning as we went! We have been very fortunate to have a great group of people and that doesn't happen by accident. We are not interested in people who want a charter on the cheap, but in boat owners, who will care for her the way we do. You know the old saying "Nobody washes a rental car!"
We have a keen eye and a sharp pencil for costs. We didn't learn this over night! Example: Our $1500 Garmin installation (with transducer) was purchased off of E-Bay for $650 and installed by ourselves. We clean and prepare (fuel / water / propane / laundry) our own boat for the next owner by arriving at the mooring a day early. It all depends on what you want and are willing to pay for. We are just a group of a ordinary folks, many boat owners up here, who love to sail down there and don't need all of the fancy (read expensive) extras, just a good, sound, reasonably well equipped boat. I would point out that 3 of the 4 shares available are Treasury shares freed up by a change of operating procedure, only 1 is an owner selling and he does so because of a non-sailing wife. George

[gts1544]

Please be advised that the month of January has been sold and is no longer available. Additionally, due to a change in our operating procedure, we are now permitting parties to 50% / 50% share an undivided month, working out the details between themselves. Contact me if there is any interest in other months on this basis and I will contact the current owner to ascertain interest. Thanks, George - gtspettigue at gmail dot com or 3zero7-2five6-66five0 Cell