Nice project for someone.

Hopelessly optimistic pricing - in the photos it's hard to see anything that doesn't require replacement or total renovation. Would have to be a real labour of love and money pit.
Free to good home definitely more approprate; or chop up for firewood.
 
Sad to say but I am with the firewood brigade.
If memory serves me correctly the whole boat is plywood (not cold moulded as the Faireys) and in that state I can't imagine there will be much sound timber anywhere.
Value when done? £30k to £40k on a good day?
Cost, excluding labour, to get to that state way in excess of this.
I love these old boats but ultimately reality has to reign.
Burnham Yacht Harbour contained a Dorset Lake Shipyard Haag 42 (same as Spirit of Ecstasy, racing fame). Been out on the hard for some time and I would imagine now broken up. She was in far better state than this Monaco.
 
miket said:
Sad to say but I am with the firewood brigade.
If memory serves me correctly the whole boat is plywood (not cold moulded as the Faireys) and in that state I can't imagine there will be much sound timber anywhere.
Value when done? £30k to £40k on a good day?
Cost, excluding labour, to get to that state way in excess of this.
I love these old boats but ultimately reality has to reign.
Burnham Yacht Harbour contained a Dorset Lake Shipyard Haag 42 (same as Spirit of Ecstasy, racing fame). Been out on the hard for some time and I would imagine now broken up. She was in far better state than this Monaco.
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Point of order, Fairey boats are hot moulded.

The Monaco is ply on timber frames, to my mind its dead easy to replace a sheets of ply, much easier that say a clinker, carvel or double diag construction.

If you took that somewhere to have rebuilt, for sure, you'd be looking at £100k plus.

But the materials cost is nowhere near as much as you suggest, all the timber, inc teak deck, epoxy, screws, paint etc is sub £10k, then it kind of depends on fit out, engine choice and if you want electric loos and icemakers etc.

I reckon there's 2000 hours to finish it. I also reckon its worth alot more finished than the £30k to £40k mark.

Well worthwhile for a DIY project.
 
Just an update on this - my husband and I are currently restoring this boat! Is QUITE the challenge but we plan to live on her by the end of the summer.
 
It looks as though it is a challenge but the rewards when it is done will undoubtedly be worth it. Good luck and please consider posting updates and pictures.....there would be a lot of interest I am sure.
 
itchenseadog said:
The hull would not be too bad, however the superstructure willbe another matter. Not seen one that didnt have major structural faults/rot etc.
I fear its a moneypit.
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I'm not so sure, the scantlings are CRE which ought to be fine, but its a ply hull and was full of rain when I saw it, in which case the ply will be soggy. As you say, superstructure and deck will need a lot. Easy boat to fix as simple construction, it was cheap enough to buy so viable to spend some money on it.
 
Two things would immediately worry me.
1. The boat spent most of its life on the french riviera. I've seen too many med based wooden boats suffering from neglect and extreme temperatures.
2. The hull would have originally been Cascover sheathed. Sheathing with grp indicates that damage/rot has occured at some stage and can hide too many nasties.
I hope the purchaser got a comprehensive survey done.
 
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