Well, that's a pretty open ended question. As for costs, the ballpark estimate I've heard for maintenance
is 10% of purchase price
per year. I've spent about that, although you would probably spend less if you bought a newer boat. I have a 38' LOA
powerboat and I spend about $10k per year for dockage (summer dockage and winter haulout). I burn about 35 gallons of fuel
per hour cruising around the Long Island Sound
. Dockage in overnight ports
is about $100 per night. I have an older boat, so I've spent a whole lot of money
upgrading and customizing it, in addition to the costs I've mentioned. I live near the boat, so I have done a fair bit of the work
rates are about $100/hr for the stuff I don't want to do. I get my Caribbean
fix by chartering a cat every winter for a week. Figure about $10k for that, although you could do it for a whole lot less.
So as for your option 1, I would suggest getting the smallest boat you can comfortably spend a week on. Get something new enough such that you won't have to replace a bunch of stuff, or old enough such that it has already been overhauled. Make sure it is a popular boat so you can resell it as you better define your needs. Don't forget the learning
curve you will face will be pretty daunting. Once you get into the size of vessel you can spend a week on, you really need to be a pretty good seaman.