Join Date: Jan 2009
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Sailer be Ware?
There is a 1977, 36' Cabo Rico cutter/ketch for sale in Puerto Vallarta asking $49,000. This sounds too good to be true.
Am I being overly paranoid of such a deal in Mexico (I've talked to people who bought condos in Baja only to have them confiscated by the government, etc).
Would I be getting in over my head. I don't speak the language and would hate to have my money trapped on the wrong side of the fence (so to speak).
Does this boat look like it's worth looking into, given it's in the general style of live-aboard cruiser that I'm interested in.
I assume I would have to pay for travel and board for a surveyor, one who also does engines. I would also have to engage a Mexican lawyer. (greaaat!) I also would have to pay for a transport captain back to Los Angeles, CA.
Not to mention the various other commissioning costs, duties, etc.
Much of this I would have to do for any non local boat this age. It's just how much do I want to do as a foreigner in a foreign land. Many of the domestic yards I've found to be suspect. Why stick my neck out in Mexico.
Is this just a fools errand or is it jumping in the deep end? A mistake here could end any chance of the dream.