Generating income to help fund hobby

[Guest]

Hi,

I am quite keen to buy a 42ftish power boat and have it based in SoF or Balearics. But in order to pull it off I would have to make a little money back on it through the summer months.

Is this possible ?
What are my options ? e.g. agent, self marketing ?
What kind of fee could I charge for e.g. 1997 fairline/sunseeker a week (bare boat) in SoF/Balearics
What costs might I have overlooked?

Thanks in advance for the help

 

[mica]

Your main charges which you may have overlooked is the cost of getting it coded for charter. It is not only a huge expense bringing even a new boat up Code of Practice standards, but it is an ongoing thing keeping everything up and running, which can incur an incredible expense.

Good luck if you go ahead.