Floggin' a boat......

Sy-Revolution

Sy-Revolution

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We're now back in the UK, for at least the next five years or so as my son works his way through secondary school. 'Revolution' is in Greece, the plan was to go sailing in the summer hols but as we're living on our narrowboat here and our mooring is in question we might not get to her (!!!!) this year, also other plans complicate things. I'm also missing sailing badly, not having her here.

Sooooo we're thinking of (reluctantly) selling her and buying another, bigger yacht here (UK) to take us west once Wes has finished school. My question here is whether it's a good or bad thing to be selling a yacht in Greece or should I bring her home?

She's currently lying at Kanonis boat yard, Aegina, nr Piraeus.

Any ideas/opinions?

Cheers,

C.
 
Greece isn't the best place to sell a yacht , but after saying that my mate sold his in Greece with just one ad , although the yacht was price to sell . We are trying to up size and find someone who's interested in downsizing but again it isn't easy .

www.dufour385.webs.com
 
Taking that logically, you sell the boat for less, but the bigger one comes also for less. Assuming the % differential is the same, you will have saved money.
 
I guess we'll have to suck it 'n' and see. If she doesn't sell I'd still be happy to sail many more miles in her.

What I have in mind though is a shoal draught lifting keel aly centre cockpit cutter or ketch of around 42 ft..... Scruffy is ok as it won't be for long........

Having to sail her home would of course be a nice excuse to go-a-sailin'!

C.
 
You could always put a free ad on Apollo Duck to see if there is any interest. Beware of the dreamers though.

Alternatively, Williams & Smithells have a brokerage covering Greece.

Good luck, I don't envy you having to make the decision.
 
There are a number of active brokers in Greece - but a lot of boats for sale. The major problem is that the market is mainly northern Europeans who have to travel to view. Therefore you get limited periods of activity in spring and autumn. You also have the problem of arranging viewings when you are here and the boat is there. Brokers typically charge 10% there reflecting the amount of effort required to get a sale.

On the other hand, bringing her back to UK is expensive, either in your time or paying a delivery crew. Realistically it costs minimum £5k in flights, fuel, marina fees, food etc to do it yourself and at least 6 weeks in time. £10k if you pay somebody to do it for you. The cheapest way is to sail up to Slovenia and truck it, but you are still looking at £8k including lifts.

However, you might just get lucky with a private ad and good pricing, so worth trying.
 
If you need to sell you could put a private ad and price it to sell ie remover the brokerage fee of 10% the fee it would cost you to take it back to the UK another 6 or 7 k and advertise at that price your not really losing any thing that would my mate did and he sold his in Greece to the first guy who looked . But be ready to take an offer .
This all depends if you really need to sell , I rather sail it back to the UK and make a trip out of it as it will get a better price there then Greece and you will get some sailing at the same time .

We trying to up size our boat but we in no hurry to give our lovely yacht away just to go up a few feet .

www.Dufour385.webs.com
 
Maybe I'm reading your post wrong but I just don't understand why you are giving up your lifestyle to put your son through
a second rate education system, when he would fare far better from internet and home education.
You say 5 years, but what then ?
 
Don't waste your time and money bringing her back to UK. Sell her in Greece to the first person who makes you an offer and walk away from her. Then get on with living your new dream.
 
bjl said:
Don't waste your time and money bringing her back to UK. Sell her in Greece to the first person who makes you an offer and walk away from her. Then get on with living your new dream.
Click to expand...

bjl said:
Don't waste your time and money bringing her back to UK. Sell her in Greece to the first person who makes you an offer and walk away from her. Then get on with living your new dream.
Click to expand...

Indeed there's little point in brining her back here anyhow as no one seems to have heard of Comar Comet 11s in the uk. They're more popular in Spain & Italy. Maybe I'll knock up a for sale website and see. But what to ask for her???
Thanks for the replies.
C.
 
Whilst prices are higher in UK than in Greece the type of boat will be unknown in the UK so less likely to sell. Objectively, selling in Greece and buying in the UK will get you the worst of both worlds and its unlikely the costs of transfer will be low.

Sell out there, get your youngster through his secondary education and charter during his education - logical but not attractive.
 
First of all I believe you'll find the 2nd hand yacht market has hit a big wall in most European countries, not just Greece. Here in Sweden prices have fallen 30-40%, the UK may be different I don't know.

Secondly why sell, if you are not in a financial crisis to do so? You know you'd have your holiday home to go to when the weather continues to p••s you off in the UK..
 
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