[SOLD] FORMOSA 46 sloop 1987, Estate Sale US$ 22,000

[paulo7]

Vessel is securely located in Malaysia

LOA: 43’10” – 13,36m
LWL: 38’8” - 11,36m
Beam: 12’11” – 1,98m
Draft: 6’4“ – 3,93m
Gross weight: ~ 25 tons
Net registered weight: 16 tons
Built by Formosa Boat Building, Taiwan in 1987
Built in GRP
Sloop
Stem: raked; Stern: transom
Yanmar 4JH2-TE marine diesel engine
Registered in NZ


The accommodation layout is such as to have a large double berth cabin forward, with bathroom facilities on the port side, immediately aft. There is a second large double cabin aft, with ensuite. Between the two staterooms, in the forward part is the main saloon, while aft, on the port side, is the galley and to starboard, the navigation station. The auxiliary engine is located beneath the cockpit, behind the accommodation
access companionway


ELPIDIA INVENTORY
Battened mainsail/Furling headsail/Hank on jib/Spinnaker/Spare headsail
Westabeke diesel generator, 8 KVA. 3 Cylinder, under v berths.
Electric marine toilet. shower. wash sink
Lockers under seats: General spare parts, electrical, fuses, switches, various bulbs and sockets. Yamaha petrol generator ET500.
spare parts for auto pilot, tools various.
12 volt fans & 240 volt fans. Sony FM radio. DVD player. Radio casette player. Digital compass Alpha marine. Clock and barometer.
Flares and general safety equipment. New rigging screws x 3. Spare deck winch. Various papers charts.
Simrad AP20 Auto Pilot + remote. MX Navigator + 2 spare units. Furuno Radar. Furuno GPS GP32. Polaris HA 440. Full set of Dataline Instruments.
VHF IC 127 radio. VHF ICOM MC 500 radio. HF ICOM M710 radio. Kenwood 500. Sola and meters. 2 x compass. Control panel.
Nav station desk: Navigation aids and equipment for charts work. Flare gun. Flash lights. Instruments checked and working.
HRO System 9 Seawater Desalinator. EPIRB ACR RLB-20. Fridge freezer steel lined approx 100 litre capacity. Pressure water system.
stainless steel 3 burner cooker plus oven. LPG monitor. Water purifier. stainless sink.
Charles 60 amp 5000SP battery smart charger x 2. Zinc saver II Isolator.
Main motor : Yanmar 4JH 2E Turbo 62 HP. Ducted air condition compressor unit. Fridge/freezer compressor unit. Hotwater system. Pressure water pumps.
Waeco Coolamatic 12 volt/ 240 volt Refrigerator approx 100 litre capacity. (working). Country courtesy flags and full set of signal flags.
Electric toilet, shower, and wash basin.
Under berths and in lockers: Spare logs (not installed). Spare depth sounders (not installed) spare 12 volt fans x3. Socket sets x 3. Drills. Sanders. various tools in boxes.
spare cables, screened. Auto pilot and Instrument spare parts. Auto pilot drive unit. Solder irons electric and gas. New PSS stern seal complete. Simrad auto pilot &
GPS antennas(not installed). TV antenna x 2(not installed). Spray paint outfit. Rivet gun kit. 12 volt 50amp alternator (spare). Morse cable control unit (spare)
Fuel filters. life buoy lights. Tapered wooden plugs various. Anodes for Max Prop. various power tools.
Hookah Sea Breath Dive kit. Bosuns chair. Fridge leak seeker.
Life raft. LPG bottles. Yamaha 6HP outboard. Mercury 9.9 outboard. Electric anchor winch Maxwell Nielson. Steering station with full instruments and compass.


The amount of gear, parts, equipment, and general boaty things make it a very attractive buy. There is extensive equipment installed and not installed, and much more too numerous to list.


Asking price: AU$55k for the yacht as she is. There is nothing on the market similar to Elpidia in the AU$40-55k range – expect for a yacht in France which is not as good feature wise as Elpidia and on the market for more than AU$60k. With a bit of work Formosa 46 yachts are selling in excess of $120k.
The vessel is in good condition other than some water damages on ceiling ply due to a leaking chain plate and generator corrosion problems.
Because of these 2 issues needing some repairs, the vessel is sold at this unusual low price in order for the Estate to sell quickly.

[andreshs1]

Hi

Where in Malaysia ?
Could you send me a PM? I could not find the option

Regards
Andres

[paulo7]

Ok, I send you a PM now ...

[Captsteve53]

Hi, where in Malaysia is she (langkwai ?) What are the contact details?

[danthesailorman]

Hey Paulo, could you post or send me something more specific? I'd like to know where, and your contact details. You can PM me if that works for you.
Thanks,
Dan

[Captsteve53]

Dan,

The yacht is located in Malaysian waters in a small quiet marina just across the water from Singapore ( Opposite Changi Sailing club in the eastern end of the island).

Marina is called Sebana Cove Marina (1 23 N-104 6 E)- the owners son is the correct guy to make contact with as Richard Deraat who has power of attorney (richard.deraat@gmail.com), please mention to Richard you received this from Capt Steve Warren Thx

[paulo7]

Someone visited the boat a few days ago and here is his report .... it will give you a better idea of the condition of the vessel now:
---
I visited the boat today with G.



Unfortunately this is a bigger project than anticipated, the gelcoat is peeling off in several areas, including coach roof. In addition there are several soft areas on the deck where water seems to have gotten through the teak.


I can appreciate that there is a serious amount of hardware in the boat, and that the engine is fairly new. But this is not a boat I can take on right now.
----
The asking price more than reflects that amount of work ... be sure you have some time and some money to restore the boat well .... what should cost you a lot less than other Formosa currently on the market ..

Originally Posted by paulo7

Vessel is securely located in Malaysia

LOA: 43’10” – 13,36m
LWL: 38’8” - 11,36m
Beam: 12’11” – 1,98m
Draft: 6’4“ – 3,93m
Gross weight: ~ 25 tons
Net registered weight: 16 tons
Built by Formosa Boat Building, Taiwan in 1987
Built in GRP
Sloop
Stem: raked; Stern: transom
Yanmar 4JH2-TE marine diesel engine
Registered in NZ


The accommodation layout is such as to have a large double berth cabin forward, with bathroom facilities on the port side, immediately aft. There is a second large double cabin aft, with ensuite. Between the two staterooms, in the forward part is the main saloon, while aft, on the port side, is the galley and to starboard, the navigation station. The auxiliary engine is located beneath the cockpit, behind the accommodation
access companionway


ELPIDIA INVENTORY
Battened mainsail/Furling headsail/Hank on jib/Spinnaker/Spare headsail
Westabeke diesel generator, 8 KVA. 3 Cylinder, under v berths.
Electric marine toilet. shower. wash sink
Lockers under seats: General spare parts, electrical, fuses, switches, various bulbs and sockets. Yamaha petrol generator ET500.
spare parts for auto pilot, tools various.
12 volt fans & 240 volt fans. Sony FM radio. DVD player. Radio casette player. Digital compass Alpha marine. Clock and barometer.
Flares and general safety equipment. New rigging screws x 3. Spare deck winch. Various papers charts.
Simrad AP20 Auto Pilot + remote. MX Navigator + 2 spare units. Furuno Radar. Furuno GPS GP32. Polaris HA 440. Full set of Dataline Instruments.
VHF IC 127 radio. VHF ICOM MC 500 radio. HF ICOM M710 radio. Kenwood 500. Sola and meters. 2 x compass. Control panel.
Nav station desk: Navigation aids and equipment for charts work. Flare gun. Flash lights. Instruments checked and working.
HRO System 9 Seawater Desalinator. EPIRB ACR RLB-20. Fridge freezer steel lined approx 100 litre capacity. Pressure water system.
stainless steel 3 burner cooker plus oven. LPG monitor. Water purifier. stainless sink.
Charles 60 amp 5000SP battery smart charger x 2. Zinc saver II Isolator.
Main motor : Yanmar 4JH 2E Turbo 62 HP. Ducted air condition compressor unit. Fridge/freezer compressor unit. Hotwater system. Pressure water pumps.
Waeco Coolamatic 12 volt/ 240 volt Refrigerator approx 100 litre capacity. (working). Country courtesy flags and full set of signal flags.
Electric toilet, shower, and wash basin.
Under berths and in lockers: Spare logs (not installed). Spare depth sounders (not installed) spare 12 volt fans x3. Socket sets x 3. Drills. Sanders. various tools in boxes.
spare cables, screened. Auto pilot and Instrument spare parts. Auto pilot drive unit. Solder irons electric and gas. New PSS stern seal complete. Simrad auto pilot &
GPS antennas(not installed). TV antenna x 2(not installed). Spray paint outfit. Rivet gun kit. 12 volt 50amp alternator (spare). Morse cable control unit (spare)
Fuel filters. life buoy lights. Tapered wooden plugs various. Anodes for Max Prop. various power tools.
Hookah Sea Breath Dive kit. Bosuns chair. Fridge leak seeker.
Life raft. LPG bottles. Yamaha 6HP outboard. Mercury 9.9 outboard. Electric anchor winch Maxwell Nielson. Steering station with full instruments and compass.


The amount of gear, parts, equipment, and general boaty things make it a very attractive buy. There is extensive equipment installed and not installed, and much more too numerous to list.


Asking price: AU$55k for the yacht as she is. There is nothing on the market similar to Elpidia in the AU$40-55k range – expect for a yacht in France which is not as good feature wise as Elpidia and on the market for more than AU$60k. With a bit of work Formosa 46 yachts are selling in excess of $120k.
The vessel is in good condition other than some water damages on ceiling ply due to a leaking chain plate and generator corrosion problems.
Because of these 2 issues needing some repairs, the vessel is sold at this unusual low price in order for the Estate to sell quickly.

[sailorsmith1956]

Has the user current " unrest" in the neighborhood created any difficulties. What would it take to transfer the registration fro m estate to Current NZ ? Than to USCG registration?

[Captsteve53]

Current "unrest"???,, The vessel is in Malaysia a few miles across from Singapore and Changi Sailing club on the Eastern end of the island.

It is currently in NZ registration as i know it so it would just need a change of ownership and re issue of the new registration with new owners name, if changing to US registration a simple deletion from NZ registry is gained from NZ after a request letter to do so, it then can be registered any where depending on the new owners requirements,

[lucseawalker]

What unrest??
Changing ownership of a boat is never that complicated after you purchase it and have a valid bill of sales.

Originally Posted by sailorsmith1956

Has the user current " unrest" in the neighborhood created any difficulties. What would it take to transfer the registration fro m estate to Current NZ ? Than to USCG registration?

[paulo7]

If you are looking for a sturdy boat that only need a little work and some TLC, check this one! The price just got reduced to 22k from 42K ... to have a quick sale. Great investment if you can do the work yourself, you should be able to sell for way more than your time & expenses!

I don't think it will last long at this low price ...

[piloto]

I'm still interested. Maybe meet halfway?


Sent from my iPhone using Cruisers Sailing Forum

[paulo7]

We have someone looking at the boat now and getting it at the new reduced price. That was halfway already ...
So the boat is off the market temporarily until the deal go one way or the other ...

Originally Posted by piloto

I'm still interested. Maybe meet halfway?


Sent from my iPhone using Cruisers Sailing Forum

[swolf]

...and the 'someone' is going to conclude the deal

[igiho]

Hi
I am interested. If someone not yet decided.
Please let me know.
skslwmdrnjs@daum.net

Thanks and regards
Giho I