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post #3 of Old 07-23-2008
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I would suggest that you do it for fun and not as a serious business venture. The size of the yacht should be in the range of 40-50 ft. (i.e. with 3-4 cabins, providing for 8-10 pax) which means over 200,000, but financially it is the opposite of a sound investment. Charter contract opportunities will be scarce when the boat gets older (after 3 yrs.) and the expenses will keep growing while the value of the vessel will rapidly decrease, notwithstanding the usual incidents at sea. On the other hand, how much experienced are you as a sailor to handle all that successfully?
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