Re: Has anybody gone the sub £5k route for a liveaboard?
What you pay to buy a boat is never as attention getting as what you pay to own it.
Boats in this price range can have issues that are as costly as the purchase price (sails, standing rigging, running rigging, core moisture, engines, etc).
Be very sure she is in good shape. Most know enough to pretty up a boat, if you want to sell it.
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In the harsh marine environment, something is always in need of repair. Margaritas fix everything.