Any/all opinions on this would be appreciated and thanks in advance. This may have been discussed here before, but I'm not easily finding discussions close to our situation.
Here is our scenario. We are U.S.-based now, but I'm looking at an interesting opportunity in Tangier Morocco
that would last a couple of years. One cool option would be to liveaboard
during that time. Tangier has a great new marina and a boat-based life would make Med explorations during that time pretty easy.
My question goes to a boat purchase
for this. We'd want a European boat
to support the Euro power service
there, so we'd be buying
over there. Because this is a temporary situation, the future sale
of that boat will be important to us. We'll probably have $200K to $250K to put into the purchase
. This would get us into a 10 year old 40' ex-charter cat or a much newer 40'-42' mono. Either would work
fine, but the cat would probably be more comfortable as a daily home. (However, the cat would also require higher moorage costs during that time.)
Here's the question. As an investment, which option do you think would hold its value better? It's given that we'd be putting it back on the market in 2 to 4 years and we are realistic about boat values and what we'd get back out of it vs. what we paid. The question is to the perceived holding value of cats vs. monos in the Med (and elsewhere). Cat demand seems to be pretty brisk right now. What do you think for our situation? For maximizing our investment, 10 year old cat or 2-4 year old mono?
One other option would be for us to sail the boat back to the Caribbean
or US at the end of that time and selling it here. This would involve dealing with Euro electrical system
conversion or adaptation. Thanks for your opinion!