Non-UK-mainstream boats: Buying in Europe?

Deleted User said:
Have you looked at Mondialbroker? Vendita Yacht, barche usate, barche nuove, barche a noleggio e charter. Annunci Barche e Yacht in Vendita

I agree with MarkC. It is a good idea to look for British boats in the Med because they have the same issue as lesser known European brands in the UK in that they dont sell as well in the Med as they do in the UK
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Thank you, that's another one I'd not seen. Interesting to think that the UK boats don't sell so well in the Med. I probably need to book a trip to look at a few.
 
Since you mentioned a pretty wide range of boat types (hardtop/coupe/flybridge), and as I understand you aren't interested in the brand popularity as such, you could do worse than considering this boat.
Asking price is a tad above your budget, and I don't know how negotiable it is.
But if you fancy HT boats, you'll struggle to find anything better regardless of brands, around that size.
And I mean, including Pershings, FL Targas, etc. - the whole lot of much better known names.
 
MapisM said:
Since you mentioned a pretty wide range of boat types (hardtop/coupe/flybridge), and as I understand you aren't interested in the brand popularity as such, you could do worse than considering this boat.
Asking price is a tad above your budget, and I don't know how negotiable it is....
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Ooh that's nice, thank you. Another brand I don't know. That one is probably a bit big.
 
I'm not surprised to hear you didn't know DP, because they always struggled to keep up with the domestic demand, so they never had to look for export markets. Which is also the main reason why it was one of those (among several others) who went belly up after the financial implosion of the late noughties, when the demand for new boats in IT dropped like a lead baloon.

Ref. size, they did build also smaller boats, but all older than you are looking for.
In fact, back in her days, the 48 was the smaller of their range, though one of the most successful.
It's a pity if your size limits are strict, because I'm sure you would be even more impressed in flesh.

As a transparency caveat, just in case you didn't know from some of my previous posts, I own a DP myself (the 56 flybridge).
So, I guess this makes me somewhat biased vs. the brand.
But I choose her for good reasons, after having checked out 70+ other boats.
Yup, not a typo - I enjoy the hunt as much as the ownership, if not even more! :cool:
 
Scala said:
Thank you, that's another one I'd not seen. Interesting to think that the UK boats don't sell so well in the Med. I probably need to book a trip to look at a few.
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I wouldnt want to overstate that but it does seem to be a bit easier to sell a popular Italian brand boat in the Med than some Brit brands which means there might be a few bargains about. Having said that, of course the exchange rate is against you.

I have bought several used boats in the Med and Europe myself and so have several other forumites on here and you do need to exercise more care than for buying one in the UK.
 
Deleted User said:
you do need to exercise more care than for buying one in the UK.
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Agreed generally speaking, but with one somewhat relevant exception: if a boat is IT flagged (regardless of whether she was built in IT or not), there's no need to worry about potential hidden rights of banks or any other third parties - as I understand that can happen in the UK.
In IT, whenever a boat is used as a loan security, the financing must be registered in her documents, under pain of nullity.
In other words, it's sufficient to check that the boat papers are clean.

Besides, as already happened in some other previous cases, I will be (as well as other contributors here in the asylum) happy to help Scala as much as I can, if he should find something in IT that ticks his boxes.
 
I love my Cranchi, just sayin'.

Bought during the recession, so don't give a damn about resale value (Have her 7 years now, and no intention to sell, so meh)

I didn't even think that I was 'going against the grain'; I saw her, inspected her, fell in love.... the rest is history!
 
Go for it .....Italy number 1 destination for a sports boat .
look@ Giorgi 46


Theres one next door to me now .
‘Twas 17 degrees yesterday here in Loano ....just popped down to check the boat .....shore power still connected and bats healthy.

Giorgi 46 HT
They do an earlier version as well .
 
That Giorgio 46 has a custom made hard-top. The original open version was a nice version, designed by a certain Fulvio de Simoni who then will go on to make the luck of Pershing.
But that hard-top especially the front windshield I do not like. Giorgi 46 is a good boat.
The yard underwent a few ownership changes around the late nineties and moved from Fano on the Adriatic, to the Tuscany in mid 2000s. The original Fano;s have a good name for quality.
 
MapisM said:
Agreed generally speaking, but with one somewhat relevant exception: if a boat is IT flagged (regardless of whether she was built in IT or not), there's no need to worry about potential hidden rights of banks or any other third parties - as I understand that can happen in the UK.
In IT, whenever a boat is used as a loan security, the financing must be registered in her documents, under pain of nullity.
In other words, it's sufficient to check that the boat papers are clean.
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I dont want to get into a big long discussion on here about this but loans secured against the boat are only one potential problem area when buying in the EU. The others are unpaid bills against the boat, problems with returning deposit if buyer rejects boat following survey or seatrial, lack of title and CE documentation, lack of proof of VAT payment and the risk of paying a large sum of money to a broker that you dont know from Adam. All of these issues are manageable
 
All of which contribute to my nervousness about this idea... :) Hence (partly anyway) my Q. Is it a good assumption that a broker that is associated with a manufacturer eg, Sunseeker Brokerage, or Argo (Princess) are any more reliable / trustworthy / helpful than Joe Broker?
 
Scala said:
All of which contribute to my nervousness about this idea... :) Hence (partly anyway) my Q. Is it a good assumption that a broker that is associated with a manufacturer eg, Sunseeker Brokerage, or Argo (Princess) are any more reliable / trustworthy / helpful than Joe Broker?
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You should not be nervous but just be aware of the risks. Yes it is a fair assumption that there is less risk dealing with a manufacturer associated broker and that is especially the case if you are dealing with the UK office of that broker because then your deposit is held by the UK office which in the event of a rejection by you following a survey or seatrial makes it more likely you'll get your deposit back. One of my bits of advice was going to be to deal through a trusted UK intermediary broker even if the boat is being marketed through a local European broker. The European broker will hate this idea because he'll have to share his commission with the UK intermediary but you have to tell him its your way or no way
 
'Lack of documentation'.... had to laugh at that one.
Our latest one (Bought in Holland) had no less than 3 suitcases full of documentation.
All original docs from Princess, German, Swiss, Spanish, English and Dutch receipts for just about anything linked to the the boat over it's whole life.
Manuals for everything in 3 languages.
Certificates, Insurance policies etc etc... you name it.
Guess i'll get another few knots with them off loaded.
 
Deleted User said:
I wouldnt want to overstate that but it does seem to be a bit easier to sell a popular Italian brand boat in the Med than some Brit brands which means there might be a few bargains about. Having said that, of course the exchange rate is against you.

I have bought several used boats in the Med and Europe myself and so have several other forumites on here and you do need to exercise more care than for buying one in the UK.
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Buying in Spain is easy. Their registration system shows previous owners vat status etc. So you can buy with confidence.
Italy however is another story. Just ask whiteligher
I bought in the US once too and did very well out of it. But I got $1.98.........
 
The Italian system is the same. You have all history on the blue book. Actually its better then British as you have to ask for a research if I remember well to know all the ownership. A research by a good house is not cheap say Edminston. I know they asked me 5000 once for a history on a British boat.
In the Italian blue book (libretto) you have everything, and all ownership history of the boat under Italian ownership and before.
After that and after survey you ask for a Null Osta, which is research if the boat has any calls, encumbrances etc etc.
This takes about two weeks, after nulla osta is out, you can meet at a notary (or cheaper public office) and do the Bill of Sale or transfer of ownership. Also remember one thing that a notary or a public office is a man of the state having the same credentials as for example a solicitor has in the UK.
The Italian system is actually much better and safer then British Part.1 let alone part.3 registry. Just because you do not understand a system it does not mean it is bad.
The Italian system is not cheap with notary it is about and the tax it is comes about 1500 to 2500 euros depends how big the boat. The deletion then is issued free, some brokers charge for this other do not.
The Italian system is like suspicious when it is natante small boat under ten meters registered. There you have to be a bit more careful, as after the first ownership some documentation usually gets lost.
 
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