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Showing results 1 to 14 of 14
Search took 0.00 seconds. Search: Posts Made By: timmillea
Forum: Dollars & Cents 13-07-2018, 11:09
Replies: 64
Views: 26,430
Posted By timmillea
Re: Buying a boat in Charter Management: The final numbers

It almost makes sense :-)

From the hard of experience, I would never, ever enter into a 'time share' arrangement

If you don't need/want a boat full-time, better to rent one when and where...
Forum: Dollars & Cents 13-07-2018, 05:13
Replies: 64
Views: 26,430
Posted By timmillea
Re: Buying a boat in Charter Management: The final numbers

I hope I am not dead yet.

Any questions?

Tim.
Forum: Meets & Greets 31-08-2014, 21:45
Replies: 4
Views: 2,152
Posted By timmillea
Re: Just agreed to buy an ex-charter Jaguar 27 in Greece

Many thanks!

We are sailing now. I am writing a blog of our journey.
Forum: Europe & Mediterranean 13-08-2014, 02:46
Replies: 6
Views: 6,931
Posted By timmillea
Re: Money-saving tips for keeping a small yacht in Greece?

Many thanks to all who replied.

Kalamata Marina offered me a small discount so in the end I have taken out an annual contract with them. I see this as putting off the decision for a year more than...
Forum: Europe & Mediterranean 02-07-2014, 03:18
Replies: 6
Views: 6,931
Posted By timmillea
Re: Money-saving tips for keeping a small yacht in Greece?

Dlymn, many thanks.

Yes, the Ionian is special in many ways. I first visited Corfu as a boy in 1976. First it was Roda, then we stayed in Benitses in 1978 and 1980. The last time I was in Corfu...
Forum: Europe & Mediterranean 30-06-2014, 03:42
Replies: 6
Views: 6,931
Posted By timmillea
Money-saving tips for keeping a small yacht in Greece?

I am in the process of buying a 1978 ex-flotilla sailboat. I have a chalet in Stoupa, Southern Peloponnese, and am hoping to base the boat near by so that I can look after her maintenance (and...
Forum: Dollars & Cents 28-06-2014, 00:31
Replies: 0
Views: 1,257
Posted By timmillea
Insurance for Greek cruising - buy locally or in home country?

Does anyone have any experience or advice on obtaining boat insurance for cruising in Greece? The quoues I have obtained in the UK both covered all of the Med (with a few exceptions, e.g. Libya &...
Forum: Dollars & Cents 27-06-2014, 08:02
Replies: 64
Views: 26,430
Posted By timmillea
Re: Buying a boat in Charter Management: The final numbers

Roblpm, these are the imponderables we are trying to ponder. Using a boat for a couple of months a year is possibly the perfect boundary of where advice kilters.

It will usually be cheaper to buy...
Forum: Dollars & Cents 27-06-2014, 06:45
Replies: 64
Views: 26,430
Posted By timmillea
Re: Buying a boat in Charter Management: The final numbers

If you have more money than sense then yes, there are plenty of companies out there specialising in taking the former off you.

Who ever pays these headline rates? They can be 10% of those before...
Forum: Dollars & Cents 27-06-2014, 03:06
Replies: 64
Views: 26,430
Posted By timmillea
Re: Buying a boat in Charter Management: The final numbers

That is another good point. From my observations with the charter companies based in Athens, when a charter company buys a yacht, they will spend whatever it costs to maintain as if she will be used...
Forum: Dollars & Cents 27-06-2014, 02:26
Replies: 64
Views: 26,430
Posted By timmillea
Re: Buying a boat in Charter Management: The final numbers

Yes but that is a real depreciation, not just a paper depreciation for tax purposes. Unless your marginal tax rate is over 100% you won't win!
Forum: Europe & Mediterranean 26-06-2014, 18:35
Replies: 92
Views: 15,908
Posted By timmillea
Re: Turkey most expensive in Europe

Those rates sound silly!

I have visited Turkey for over 20 years and lived there for four. I am now a tourist again when I visit. I can stay in a top five-star hotel, all-inclusive (i.e. unlimited...
Forum: Dollars & Cents 26-06-2014, 17:18
Replies: 64
Views: 26,430
Posted By timmillea
Re: Buying a boat in Charter Management: The final numbers

As the ex-owner of a charter yacht in Greece, I would like to add that the analysis, while much appreciated, fails to take into account the risks vs. putting money into government bonds.

My yacht...
Forum: Meets & Greets 26-06-2014, 05:11
Replies: 4
Views: 2,152
Posted By timmillea
Just agreed to buy an ex-charter Jaguar 27 in Greece

Hi forum!

I did my first yacht sailing in 1989 with a delivery of a Norwegian-owned Beneteau First 42 from Gribralter to Split. We had a week of force 9 on the nose, which meant my first captain...
Showing results 1 to 14 of 14

 
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