Seen a yacht for sale - new mast not fitted but included- possibly a good deal?

I think by the time I spotted it last night, it was too late. I'm just not confident enough to dive in and say "yep, I'll take her", but thats what the market seems to demand at the moment, so I'm keeping well back.
While it seems a steal - the asking price was less than the cost of all the new bits the boat itself is perhaps not the sort that would justify that kind of expenditure. It was out of date when it was built, being at the tail end of the IOR design era which encouraged distorted hull shapes with fat middles and pointy ends and tall rigs with small mains and large overlapping genoas. Fine for beefy crews but not really a relaxing cruising boat. Insides and cockpits tend to be cramped except for the wide saloon. Suspect that the new rig will be different from the original to help make it easier to handle for a family crew.

Seems an expensive way to go about getting a usable boat, but people (like me!) often have different motives for taking on such a challenge.
 
Interesting boat. Would have been very expensive when new, but asking price shows how little an oddball boat is valued even if seemingly in good condition. The list of this year's maintenance is interesting, gives you an idea of the sort of annual expenditure required to keep a biggish near 50 year old boat up to scratch.
 
Interesting boat. Would have been very expensive when new, but asking price shows how little an oddball boat is valued even if seemingly in good condition. The list of this year's maintenance is interesting, gives you an idea of the sort of annual expenditure required to keep a biggish near 50 year old boat up to scratch.

I took it to mean that the current owner only acquired the boat in March too.
 
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