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Shipyard

Buying an older second hand boat is a lot more budget friendly than acquiring one fresh of the wharf. At first. A lot of work and money goes into bringing her up to ship-shape condition.

  The Obi-Wan previously served as a family boat on sheltered waters: the Grevelingenmeer in the south of Holland. As such, she wasn't very well equiped for life on the open sea.

But that was what I was looking for. Most of the time, accessories just drive up the price. Say the owner installed a GPS 5 years ago. It would have cost him four times the current price for a product with half the features and capabilities of a current model. But the owner will calculate the price in the total package. So I definitely was looking for a boat with the absolute minimum of bells and whistles.

On average, the annual running costs of a yacht, including berths, insurance and maintenance, go at about 10 to 15% of the original purchasing price. Because of the fact that the Obi-Wan needed a decent workover, the first year, I got up to about 20%

 

Aside from the financial aspect, it takes a lot of time and work to get her up to speed.

Item Cost (€)
Anchor Chain 149
Antifouling 87
Belgian Flag 9
Battery Switch 37
Fuel hose 16
Tri-colour nav light 64
Electricity 124
GPS 247
Running Rigging 216
Interior lighting 88
Hauling out/launching 223
Lifeline 99
Mooring fees 865
VHF 421
VHF Antenna 30
Paintjob Mast 177
McMillan 42
Electrical switchboard 197
Traveler 50
Sheaves 46
Sealed Beam 42
Shell Chanel Pilot 42
Speakers 69
Tender 149
Varnish 5
Reinforcing Aft Panel 50
Bottle Screw Forestay 40
Insurance 350
Total 3.850