Co-Ownership Opportunity – South of France – Targa 50

[jimmy_the_builder]

Hello All
I'm sorry for the delay to my replies.
The problem is that I have no idea if my posts are accepted until I press SEND, so its not that I am slow, rather I appear to be subject to vetting of all my posts. I wonder how many wouldbe posters give up after 4 or 5 attempted posts?
Following in from Pinnacle's comments, I also questioned if the vetting is because this is a "Male Only" forum?
DougH asked about the costs of berthing down here. Our budget is €15,000 for a 15m x 5m berth (rates do vary) and Paententius Insurance say €5000, the rest is annual servicing and antifouling ----- then add 20% just to make sure.

xx

I would say that your posts are being vetted for an exceptionally long time - I wonder why this is? Previously, new posters seemed to be unfettered after just a couple of posts. Most odd.

Cheers
Jimmy

 

[Targa50]

I hope this e-mail passes the test. I shall have to get him to post if this fails as it is pointless my being so late with facts.

xx

 

[jfm]

I'm finding this all very interesting.

Can you really cover the costs of berthing a Targa 50 in Antibe and include the costs of insurance, servicing etc for the sum of £30,000.00?

Would be very interested to know the breakdown.

Antibe is starting to look attractive.

Doug, Antibes is a town-managed port but the berth rents go to the berth owners not the town, so they have no incentive to jack up the rates (other than to increase their commission on rentals, but they do that by increasing their % not the berthing rates!). So it is quite cheap and I bet cheaper than Cala D'Or (which is lovely of course). A T50 annual overhead would be €15k berth, €5k insurnace, €4k engine service, €5k lift out antifoul anodes, and a bit of contingency. So £30k=€36k does it I think

Come over and visit. 'Hattan 60 would make light work of such a crossing. 267nm in one hit from fuel berth in Mahon or Cuitadella and you can if necessary stay well south of the strongest winds in Golfe du Lyon

As for starting to look attractive, google image Antibes Doug

 

[DougH]

Doug, Antibes is a town-managed port but the berth rents go to the berth owners not the town, so they have no incentive to jack up the rates (other than to increase their commission on rentals, but they do that by increasing their % not the berthing rates!). So it is quite cheap and I bet cheaper than Cala D'Or (which is lovely of course). A T50 annual overhead would be €15k berth, €5k insurnace, €4k engine service, €5k lift out antifoul anodes, and a bit of contingency. So £30k=€36k does it I think

Come over and visit. 'Hattan 60 would make light work of such a crossing. 267nm in one hit from fuel berth in Mahon or Cuitadella and you can if necessary stay well south of the strongest winds in Golfe du Lyon

As for starting to look attractive, google image Antibes Doug

Look over your shoulder John, that's us heading for Antibe.

We pay Euro 35000.00 for the berth, £6500.00 Pantaenius insurance and Euro 5100.00 engine servicing.

Guardiennage is Euro 565.00 per month and the standard is very high.

As you are saying a 15 x 5m is only £15000 and I am paying Euro 35000.00 for a 20 x 5.5m berth Antibe is looking attractive.

 

[jfm]

Look over your shoulder John, that's us heading for Antibe.

We pay Euro 35000.00 for the berth, £6500.00 Pantaenius insurance and Euro 5100.00 engine servicing.

Guardiennage is Euro 565.00 per month and the standard is very high.

As you are saying a 15 x 5m is only £15000 and I am paying Euro 35000.00 for a 20 x 5.5m berth Antibe is looking attractive.

I just googled and you are 19.6m x 5.01. You would fit on one of the 15x5 berths on Mole sud but they are hard to get (though one is for sale at about e240k for the 10 years left on the lease, next door to Nick_H). you wouldnt fit on the other (non mole sud) 15 x 5s. More likely you would be put on a 23x6, which is the next size up and what MRC on here just bought for his Pred 64. I think, but I really need to check, that a 23x6 is about €18k to rent (I'm quoting euros btw - check my posts above). It is nowhere near 35k, though I wish it was because I rented mine out for a year while Match was being built. I'll try to pick up a prices sheet this weekend.

CalaD is lovely as you know well and as I know from a few visits, but the cruising in SofF is fantastic too and Corsica is a complete gem of an island for long weekends. And €18k pa saving...

 

[Nick_H]

Look over your shoulder John, that's us heading for Antibe.

We pay Euro 35000.00 for the berth, £6500.00 Pantaenius insurance and Euro 5100.00 engine servicing.

Guardiennage is Euro 565.00 per month and the standard is very high.

As you are saying a 15 x 5m is only £15000 and I am paying Euro 35000.00 for a 20 x 5.5m berth Antibe is looking attractive.

You may be a bit unfortunate on berth size for Antibes Doug, in that a Hattan 60 is probably just slighly too big for any of the 15m berths (some of which, mine f'rinstance, have 58 ft boats on them). If you are too big, then next size up is 23x6m, and rental cost will probably be up closer to your current cost in Mallorca, although I don't know the rates. It's certainly worth investigating as you may get away with it, and if not then I think some of the nearby ports have 18m berths.

edit: there is a Fleming 55 on the berth next to me, which is 18.5m according to Fleming web site, though that includes the anchor overhang. Anyway, jfm is the fountain of knowledge on all things to do with Antibes, so if he thinks 19.6m boat would be OK on a Mole Sud 15m berth, then he's probably right, though he's also right that you'd struggle to find one to rent anyway.

 

[jfm]

if he thinks 19.6m boat would be OK on a Mole Sud 15m berth, then he's probably right, though he's also right that you'd struggle to find one to rent anyway.

Nick, the boat at the end your side is an old Mochi 62 the last model before they went lobster - it's been there since 2004. The Selene 5 doors to your staboard is a selene 60 - beam 5.4m and length 60 foot without the anchor overhang and it's been there at least 4 years. In the berth to my starboard side last week (which is a 15x5 though it has some extra width as you know because of the angle bend in the quay) there was an Aicon 64. And the capitainerie put mr porn-in-underpants in that space when he was clearly 5.3m beam. It's a riot out there!

But this only applies on mole sud. The fleming 55 guy who bought my 15x5 berth owned a berth on quay 1, also 15x5, and his neighbours complained at the Fleming so he was forced to move. The oversizing only works on the mole sud 15x5s

 

[MRC]

Sounds like I should have done a little more research before buying a berth.

My boat is 19.61M x 5.0M - Had I known it would fit on a Mole Sud 15x5 berth that could have saved €150k... I would always be worried that we would be kicked off. The licence says length plus 10%?

My berth is being rented out by the capitainaire whilst we are not using it. Its being rented on a monthly basis which works out quite a bit more than the annual rate.

If you dont use the berth could you ask the capitainaire to rent the berth per month rather than annually?

We have a young school age family so a boat share would work for us if anyone fancied sharing a Mole Sud 23M berth / Sunseeker Predator combo. £535k plus approx £10k Per annum.

Mike

 

[jimmy_the_builder]

Sounds like I should have done a little more research before buying a berth.

My boat is 19.61M x 5.0M - Had I known it would fit on a Mole Sud 15x5 berth that could have saved €150k... I would always be worried that we would be kicked off. The licence says length plus 10%?

My berth is being rented out by the capitainaire whilst we are not using it. Its being rented on a monthly basis which works out quite a bit more than the annual rate.

If you dont use the berth could you ask the capitainaire to rent the berth per month rather than annually?

We have a young school age family so a boat share would work for us if anyone fancied sharing a Mole Sud 23M berth / Sunseeker Predator combo. £535k plus approx £10k Per annum.

Mike

Uh-oh, Targa50 to Pred62, could this be the upsell match made in heaven??

Cheers
Jimmy

 

[Targa50]

Hello Jimmy

I'm afraid that it about twelve foot too long for me. We really want to specify a 'new' boat as well so that it is what suits us even if we have to compromise.

xx

 

[Targa50]

Hello All

My Other Half said I should make one more post to see if there is any interest out there in our proposed boat share. Apparently this is called "Bumping". Oh well, I learn something new every day.

xx

 

[jimmy_the_builder]

Welcome back! I hope you are finding that you have finally shaken off the dreaded moderation...

Have you had any interest in your co-ownership opportunity yet?

Cheers
Jimmy

 

[jfm]

How's it going? I'm interested in whether there has been any development on this one. When is the boat being built? Any build pics?

 

[Targa50]

How's it going? I'm interested in whether there has been any development on this one. When is the boat being built? Any build pics?

Hello J

There has been a little tentative interest, but nothing concrete at all. We are still very much interested in any potential partners.

The boat starts in production very soon ( I think next week).

I know my OH has been at the factory and I'm sure I will soon be regaled with pictures of a boat being built and processes he does not understand . I promise to get him to share the photos with you.

xx

 

[lovezoo]

I think I would be inclined to do some more advertising, on sites like yachtfractions.co.uk rather than just hoping someone on here happens to have that kind of money burning a hole in their pocket.

 

[Targa50]

Fairline Factory Build - Part 1

Any build pics?

This is 'me' not The Boss , using her log in.

Not of the actual boat but the following are pics taken at Fairline this week of the Targa 50 production "shed'.

The overall impression was 'wow' .. first time I have been there and what strikes you is the "hand-crafted" nature of the build and the very high build standards. Fairline say that the same fort goes in to a 38 as does a 78, having sen it I can only agree. Superb.

Please excuse the amateur commentary ...


The first thing that struck me was the sheer size of a 50-footer, which is after all not "Big". No wonder folks say that they are the equivalent of 60-footers from from a few years ago. Here is the 'hull':

 

[Targa50]

all looks a bit meassy .. but really isn't.

here the guys are working on building up the matting. It comes in many different thicknesses and is real craftsmanship:

I was surprised to see the exhaust outlets being fabricated at this stage -- no idea why I was surprised, but I was:

The foam that we so often allude to ... so light but so solid when processed

some of the 'moulds' at the work centre", really time consuming. You can see the effort that goes into cleaning, degreasing and creating the perfect surface here .. and the gelcoat is hand-pained on for a better finish than 'spraying'.

 

[Targa50]

more to follow ,, but how do I make the images a reasonable size? Linking from Dropbox ...

 

[jfm]

more to follow ,, but how do I make the images a reasonable size? Linking from Dropbox ...

You need to make them 640 wide max. You can shrink them to that size before uploading, or set Dropbox to shrink them to that size after you have uploaded

 

[Targa50]

Targa 50 Build (Part 2)

Thanks JFM

Theses are the images of the main structural parts ..... wood is used for simple secure in areas but metal where real strength is required .. a real bit of cratmanship. The wood is obvious in the structure but look carefully and you can see the moulded-in metal inserts.

Even these super strong sections need support before they are all bolted together. This is the frame for the saloon/cockpit ( think upside down)

Busy .. busy busy ... the Targa 50 and Squadron 50 share the same 'shed' but each has its own team and workstations.

more to follow..