Originally Posted by MBLittle
Seems like 80% of boats listed on YW these days are in Greece
(and Croatia). The result of crashing markets, fed up cruisers, scam artists or a combination of all?
Well both places have excess of boats. You won't find any fed-up cruisers I can tell you that much.
In Greece you have a very tense political situation, skyrocketing debt and unemployment, so people are trying to turn assets into liquidity. They have an extremely bureaucratic system, buying
boats there is a very slow process that puts off lots of potential buyers. But if waiting a month to take your boat
out of Greek waters doesn't bother you, all is well. Then again, spending a month in Greek waters is a blessing in itself.
is a great charter destination
with excellent location opening up to the Adriatic
, Med and etc. In the past 3-4 years everyone tried to cash in on it that has caused a build-up of inventory and not enough customers. So like any other bubble, it has to burst at some point.
has some great offers too.