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Old 04-25-2017, 05:03 PM   #21
Insequent's Avatar
City: Brisbane
Country: Australia
Vessel Name: Insequent
Vessel Model: Ocean Alexander 50 Mk I
Join Date: Mar 2012
Posts: 1,351
Originally Posted by ollko View Post
Of course the boat was not in the condition of our boat for 145.000 EURO! But if you buy this boat for 25.000 EUR, I do not think that you have to invest 100,000 EUR to bring it into the state as the 145,000 EUR boat was ...
This is the critical part. It WILL take more, likely much more than EUR 100,000 to get into good condition. That's why people are saying accept the EUR 25,000 offer.

Just get a local boatyard/shipwright to give you a cost estimate. Until you have direct experience you have absolutely no idea how fast the bills add up and how much money a boat with deferred maintenance will cost. No need to ask me how I now know.

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Old 04-25-2017, 06:00 PM   #22
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Join Date: Oct 2011
Posts: 7,232
ollko, I sense the family attachment but you need to be objective about the boat. To do that, put yourself in the position of a potential buyer. The boat needs major renovation and restoration, if you have someone willing to pay 25000Euros to take on the project,I encourage you to accept it.

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Sydney Australia
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Old 04-25-2017, 09:02 PM   #23
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City: Wilmington, NC
Country: USA
Vessel Name: Louisa
Vessel Model: Custom Built 38
Join Date: Jan 2014
Posts: 3,679
The moisture damage in the pics looks easily fixed. The rest of the boat in the pics looks pretty sharp. I think you could do better than 25k euros.

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