Originally Posted by npennin
We are planning a Seabbatical in 2019, with the desire to start Summer 2019 in the Med, ending in the Caribbean
We are currently looking at many different options for buying
Are there are options for us to look at for long term charters in the cruising areas we are going? Anyone have experiences they would share regarding a long term charter
Quite frankly, no.
There is one company (Seabbatical
) that specializes in long term charters in the Caribbean but the numbers really aren't that good.
When we looked at it for our break, it was looking like chartering, hell any kind of long term journey, was going to cost us $30,000+ no matter what. So we decided we could buy a boat, live on her for a year and then sell her and still technically be able to "afford" a $30,000 loss. And that's what we did.
In the end we decided to keep her and put her into charter up here in the PNW. They don't mind older boats and, while the income
might barely cover costs, we have a boat to use virtually free instead of $3000-5000/year charter fees
Something to think about.