Originally Posted by seaboy
it was valued at 88k in 2004, and i know the guy has spent around 150.000 on it over the years as he still has all the recipts, its a nice boat and every thing that has been done onit is of the best standard, although his taste in the colour scheme of the boat is not the best, i will redo all that!
That means nothing, both things. you can spend 200 000 over the years on a boat and still the boat can not worth more than 15 000.
Nobody wants that kind of boat (ferrocement) and it will be hard to sell for any price.
I guess that before buying a boat you should learn something about boats, not to mention, learning to sail.
Somebody said it would be hard to insure: Guess why.