The cost of BUYING a YACHT - Sailing A B Sea (Ep.027)
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- Опубліковано 6 вер 2024
- In this episode of Sailing A B Sea Baz breaks down the cost of buying a yacht. Including the cost of haul out fees, custom built davits, solar panels, dinghy, outboard and much more.
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Hi Aansha and Barry, Many thanks for your kind comments about my surveying job! Take care
You're welcome, she's performing well and we love her.
A no nonsense to the point video, very much appreciated. ... ☺
Agreed R E Hill, it annoys me when videos don't get straight to the point.
Greetings from Slovakia,this was the greatest explaining of costs i ever see.I watch your videos for two days in a row with my wife and one and half year son.Its amazing and funny.My wife and we have also lots of traveling but now when we have son we are only home, maybe we buy a ship in 15 years ha ha.we are 40 years old maybe we do it like your do it.We wait untill son its 18. So thanks for your videos.Bye and cheers.
Hi Dusan, we're glad that you're enjoying our videos and thanks for commenting. 👍
@@SailingABSea hi, maybe you shut try also the Croatia coast
We would love to but it's a little too expensive for us.
@@SailingABSea croatia is cheaper then greece and spain
Well done. I would have expected 50% of the purchase price for a yacht of this age. Btw, your VLOG is absolutely great and very informative
Thanks for watching and leaving a comment Klaus.
😍watching from the beginning, and forgot how much I appreciated this video!! thanks
That's awesome feedback Heather, thank you so much. 😀
A very complete and clear list. Thanks for speaking an excellent English that can be understood almost by everybody not mother tongue.I will follow you for sure!
Thank you Marco for watching and commenting. We're glad that you enjoyed our video. Cheers.
My wife & I recently bought a 95 Jeanneau 45.1; a sister ship t OP yours. We were were happy to stumble across your UA-cam channel to see another couple who at the same age, did the same thing.
Your video gives us an outlook of your experiences on the same boat. Keep up the work!
Hi Kurt, that's great to hear that you're following your dreams. The 45.1 is a wonderful yacht. As you work through our videos we hope that you find many little tips and ideas that can help you when you're working on your boat. There are all sorts of maintenance and upgrade stories scattered throughout our videos. Have fun. 😀
First vlog i have watched that actually breaks down the costs including the yacht. Enjoying the back catalogue. Now all caught up and subscribed. 👍🏼
Hi Robin, thanks for watching and thanks for subscribing. Cheers.
Just revisiting the costing for the purchase of your yacht as I’m slowly budgeting for my future yacht in the med, and I can’t believe the cost for 4 solar panels installed for 5k.
I just had 18 panels installed on my home in Sydney 6.6kw system for 4K. That’s some expensive electricity you have there 😅
Incredible what they get away with charging people on boats, it definitely isn’t a cheap lifestyle, but hey it’s a house on the sea 🙂
Put the word marine in front of anything and the price skyrockets... Sadly.
@@SailingABSea it’s also just incredible by how much...!
Interesting insight to orbital cost of these larger boats. I was surprised by the eye watering solar panel costs with all the extras to make them work. It is hard to figure out how good a deal that marina gave but so far looks to reasonable . Many Mediterranean Spanish French Italian marinas have a boat as trapped audience and plaster on extra cost with not allowing outside the Marina operators do the work without to pay a excessive extra percentage cost.. Many large project refits it is often the method to bring the craft off marina sites to suitable warehouse or storage site to do the work there. Moving the boat from Marina to storage yard locally and returning to Marina most likely to be over c€ 3000 and storage fees per month can also cost north of €800. It looks like you did well buy the boat and sail away in three months with that heavy schedule of work done . However if you get your boat to Aussie and got it a lot cheaper than local prices or sell it for good price there after doing your big sail you could have got a good deal doing it the fast way .. Many boats and marinas in spain I have seen might easily struggle and take longer for that much work for many reasons often outside their control such as long waiting list of boats to repair in front of your boat. Those Marina rates @ €800 pm were not looking the worst for a 46 foot boat .The Mediterranean marina prices are often stupid money . Summer time the Greece islands have much more anchoring possibilities than westrn Mediterranean regions . South France or South Portugal tend to be cheapest warmest parts to stay in in winter times. Hard to find good deals in south western Atlantic Spain for deep keel boat . The Eastern med can get too cold in winter but can be cheap to park boat on dry land to do refits or leave boat there to go to do other travels for the winter. I did not see How much it cost to register boat to another reg and I presume it became a Aussie reg boat? Anyway bon voyage . Me as a solo sailor will stay smaller size and stay below 30 feet to keep costs lower but if I win the lotto who knows ha ha
Hey DC, thanks for watching and commenting. We registered her in the UK.UKP25 for 5 years on the SSR, compared to AU$1,500 to register in Aus. Then you can only have Aus insurance. Too many negatives. UK registration was easy. Our expensive solar is paying it's way. Our batteries are usually fully charged by 9.30am (summer) and 11.30 am (winter). Plus we now have a 12 volt water heating element which uses our excess solar to heat our water. If you continue our video series you'll see that we end up wintering onboard in Turkey, which was fantastic. We're in the Greek Aegean islands now. Where are you currently sailing?
@@SailingABSea Sorry missed this reply . My present boat is presently 50 year old 27 foot deep keel and very much a project until 2020 ish based in marina in south east Ireland . My previous boats 20 feet up to 33 feet mostly sailed from ireland to France Spain Canaries Italy and Greece but next years sails will be around the North eastern and south eastern Atlantic region Greenland Iceland Norway Faroes island Portugal Canaries Cape Verde but i might be tempered to do a quick run across the med to Turkey where my Irish sister has bought her house and is retired there .
@@dcbourbonireland wow that sounds like a huge trip. Something like that would probably take us a couple of years to complete. Fair winds. 👍
Hi guys!!!
Watching all your episode in one shoot since you started!
First would like to congratulate you about the quality of your episodes, keep going 😎.
Second, it’s the first time on sailing UA-cam channel that I laughing, laughing with you when you do, just because you didn’t take yourself to seriously: and that I love it!!
Keep your smile and jokes with you.... you always give me à Sunny Day when watching your episode !!
Cheers
And good winds.
Bon vent !!
We happy that you like our sense of humour. We try to keep things as positive and fun as possible. There are still stress moments while we are still trying to learn about sailing properly. Thanks Thierry.
Hi, sorry for our English but we have been learning it for a year. We are Claudio and Nadia aged 58 and 53, the owners of Katry Queen II a Sun Odyssey 45.2, we have been sailing in Greece for 7 years but only for two months a year and we are preparing to be able to sail all year round. We follow your videos and your continuous maintenance on the boat, even Claudio is always worried about repairing mechanical parts that don't work. After your experience we would like to know what is the average annual cost of living on the boat including boat maintenance costs? Hope to meet you and have a beer together in June / July 2021 when we are in Greece. Thanks and bye
Hi Claudio and Nadia, it's very difficult to put a number to your question. When we first bought A B Sea we spent a lot of money getting her ready for us. The next year we didn't spend a lot, Our winter on the hard in Greece we spent a lot, this winter we will not spend a lot.Any figure that we could offer would be misleading. We don't keep records of what we spend. If something breaks, it must be fixed. Sorry that's probably not a helpful answer. Cheers.
@@SailingABSea ok thanks, i hope to meet you on the beaches of greece. Cheers
My wife and I are a couple years behind you. Look forward to following along on your journey. Congrats on taking your first steps on this adventure. Thanks for sharing real numbers and details. You look to be doing it the right way. Stay safe! Fair winds and following seas!
Hey Mike T, thanks for commenting and good luck on following your dream.
the annual cost to have a boat will be a great info....but that's in the future ;)
Very useful information - thanks Barry. We are currently looking for our first yacht with the view to living aboard and setting it up in a similar manner also to be relatively self sufficient. It's great to get an indication of the potential costs involved with these modifications, if they're required.
Hey Bonno, it's great that you found our video helpful and good luck with your yacht shopping. Cheers.
Great insight into your experience. My family is still in the looking at boats phase and we learn so much from videos like this about the pitfalls and realities of cruising life. Thank you for your “testimony”.
Hi Kerry, we found info videos like this a great source of encouragement when we were in the planning stages, this is our way of giving back. Thanks for commenting.
Great thank you .all adds up to a lot ,so that’s why most like to anchor in the bay and not in the marina ha ha ha makes sence
Yes Neil, that's why we spent so much money and got a big anchor. Much cheaper than marinas or harbours. 👍
My wife and I are going to do something similar soon (within the next year) we are in Sydney (we are in our mid 60's).
I like the detailed rundown of costs, they add up quick don't they! we are looking at buying something that has all the equipment, water maker etc! we are looking at Kelly Peterson 46's around the $150-$200k aud range Keep up the vids
Hi and thank you for watching and subscribing. Finding a vessel already equipped would've taken us a lot more time as the yachts for sale were few and far between in Spain. It cost us more to add all the bits brand new but at least we know that they'll stay functioning for a long time to come. Do you intend to live aboard too? Will you just stick to Australian waters or do you plan to go further afield?
Great Video and lots of valuable information for newbies.
Thanks for sharing & Safe Travels :)
Hi Glen, thanks for watching and commenting.
Thanks so much for sharing. The advice and info is the most valuable this wanna bee can get. Still a few years off for me but exactly similar circumstances. All the best guys.
Hi Glenn, thanks for your comment, we're glad that you found the info valuable.
Fantastic summary many thanks! Im looking at a buying a 45.2 Jeanneau that is off course very similiar....not sure actually what difference is?
Keep it up and like following your journey.
Greetings Marius (Singapore)
We have never been on a 45.2 but we have seen plenty of them on the water and from the outside they are identical to A B Sea.
Well done Baz that’s what I been waiting on ! I’ve been hoping it was gonna be under the 100k so I’m a happy chappy ! My turn now. Rich
Go for it Rich, keep us informed of your progress.
WOW ... thanks for sharing ... not for me, but so happy that it is working out so well for you both. Look forward to seeing you sail into Brisbane one day!!! Hugs to you both.
Sailing into Brisbane one day will happen and when it does we want you standing on the bridge at Southbank shouting down to us "That's got to be Barry Noble!" Love and hugs to you Jennie.
I remember that day very clearly! Hugs to you both
Super helpful. Thanks.
Glad that you found it helpful. Cheers. 👍
Hi Barry and Aannsha o/, maybe you could do a monthly? or bi-monthly costing of your travels. just a thought,as it will be different for everyone
Hi Shane, quite a few of our viewers have asked the same question. We'll see what we can come up with. Thanks for watching.
Hi Barry and Aannsha,
I came across your blog yesterday and watched most of tour videos! I personally think your boat was good value, now all the essential maintenance and considering all the additions you have made. When you were originally looking for a boat, were you not tempted by the Jeanneau 45ds? Or did you have to stick to a rigid budget? Your last video was very informative and very helpful, thank you for sharing. I think Jeanneau boats are an excellent boat. I'm based in London and my wife and I are going down same route. Hopefully we should be afloat next year. Good luck to both of you and I look forward to following your adventures. All the best. Kind regards Daryl.
Hi Daryl, we did look at a Jeanneau 45DS at a boat show and loved the headroom and view from the saloon, however we have a finite budget and finding a 45DS within our price range would have been difficult. Thanks for commenting.
Sailing A B Sea
Hi Barry,
Thank you for replying so quickly. I fully appreciate and understand sticking to your finite budget. The cost of all the additional equipment and the sailing lessons etc, etc do mount up! Also with a boat it's a bit like a bottomless pit and inevitably there will be more unforseen expenditure, as there always is! I think you've got a good boat for the price, and it's roomy enough for two people, and not too big that it restricts you from any of the marinas. It's always difficult finding the exact balance. Well done to both of you for what you've achieved. It's raining in London this morning! All the best Daryl.
Wowwww! Spain looked a lot more expensive than Greece!
You did very well with your negotiating though!!
We had the most honourable broker. Would highly recommend Jose and his team.
Very nice vessel. Too bad you couldnt find one with a lot of the equipment you added already there.
We did try to find a yacht with all the bells and whistles but choice was limited.
If you could do it again, would you have bought and modified your yacht in Turkey for the costing factor considering you found what you liked ?
One word - YES.
@@SailingABSea hahaha yeah I had a feeling you’d say that. That’s where I’ll be heading myself to live snd for purchasing a yacht to sail the med etc.
Hello, thanks again for all these details! I've started to watch all your videos, at now I m arrived here so please forgive me for a question maybe just proposed from somebody else. What is your year budget all included, comprehensive of maintenance of the vessel? Thank you very much for helping persons like me who are thinking in the same change of life.
Bye from Italy!
Hi Fabio and thanks for watching our videos. An annual budget is a hard thing to pin down for several reasons.
Firstly, over the winter 2019/2020 we spent many thousands of dollars on doing maintenance that will not need doing for another 5 years and as we did jobs we discovered more jobs, so that winter was expensive. This winter our maintenance costs should be very low.
Secondly, we do not keep a record of how much we spend. If a job needs doing and a part needs paying for then it simply has to be done no matter what the cost.
Thirdly, it depends on the lifestyle you choose. Some people like to dine out at a restaurant every night, but we only do that as a special thing, we generally buy whatever local foods are available and cook on board.
Fourthly, some people are purist sailors who don't mind spending and extra 5 hours tacking back and forth to reach their destination. We do like to sail when the wind is favourable and we will do some tacking, but if that means arriving at an unknown anchorage after dark then we will turn the engine on and motor to the anchorage.
So as you can see the answer to the "how much does it cost" question is "it depends." Cheers.
@@SailingABSea Thanks a lot again for the time you dedicated to answer me. My girl have sailed only two time in her life, two cruises of 14 days each; unfortunately (or better, luckyly...) with a 24 meters of a friend of us. So every ^normal^ boat appears to be a little small to her, but waiting for The Million Dollar lottery a 14 meters is more than enough for our finances.
Have a nice trip, or like we say in Italian, Buon Vento!
A fantastic and very honest video. E100K is quite impressive! Thanks for sharing.
Thank you for your kind comments.
You are welcome and you deserve it. I subscribed.
Great video, very informative and helpful....
Hey Smudgers, glad that you found some info in there that was helpful. Cheers.
BOAT (Bust out another thousand) , interesting video guys, have fun
Agreed Peter and we're glad you found the video interesting.
Great video
Barry, does Spanish law allow you to claim the VAT back since you are leaving the country? Or is that a cost you just have to write off? Are the overall “costs” what you expected before you left Australia?
You mentioned about the possibility of sailing back to Australia. Is that your long term plan? To zig zag your way back to Aussie. I guess it’s still early days in your cruising lifestyle to making long term plans.
Excellent video as usual👍
Hey Andrew, yes we could claim the VAT back when we leave Spain, but the paperwork and time it would take to process are just not worth it. Write that off to experience I think. The overall cost is in the upper range of of what we expected. If it all goes to plan then yes Australia is the end goal, but that could be 10 years away. Glad you liked the video. Cheers.
If you o bring the yacht back to Australia, won't you be up for 10% GST and 5% import duty on the value of the boat??
Hi Sam, import duty for sure, don't know about the GST as we purchased her with tax paid.
Excellent ! glad i subscribed.
Hi Darrell, we're glad you subscribed too. Cheers.
Hi Barry, How did you found the survey company for your boat because I need one for the expertise of my own project ? Thank you.
Hi Armand, we asked the question of recommended surveyors in the Murcia, Spain area on a few sailing forums and saw who was recommended the most. In the end we met our surveyor because he was also a yacht broker and he showed us 2 yachts. We liked his honesty when trying to sell us a yacht and so we finally used him as our surveyor. I can supply his contact details if you need them.
Very informative. Thanks. I have heard that a rule of thumb is to offer 30% off the asking price, although that might include the value of all the work the owner pays for. May I ask what was the initial listing price? We will be following in your footsteps next year, but want something that is as ready to go as possible.
Hi Ben, if you start off at 30% and it gets accepted you've had a win. If there's some negotiating and you end up at 20% it's still a win. There wasn't a listed price as she was never actually put on the market, that being said the price we offered, which was accepted, was 75,000 Euros.
As always a well done explanation from your costing.
Just wondering if the VAT is the same as GST and what are you using to upload and download your data, do you have a on board Satellite connection or more like a mobile 4g type connection
Hi Mr G, yes VAT (value added tax) is the equivalent to GST (goods & services tax). Internet is via a Spanish sim card in a mifi device. 20GB for 20 Euros. It's workable if we are near the coast and within range of a tower. Satellite costs an arm and a leg. Just not doable for us.
Thanks Baz for getting back to me that, I thought your data may be something like you mentioned.
Enjoy the sailing adventures from both Carmen and I .
Do you have a document of all these costs that you could post, Love that it all in AUD$, looking at doing the same in the near future?
Hi Ian, if you go to our website www.absea.com.au and search for Barry's Blog # 37 - How much does it all cost? That blog breaks down every item cost. Cheers🍺👍
@@SailingABSea Awesome, thank you! I love the fact that you reply to everyone's questions.
I'm looking at say a Beneteau 46 or something like you have Jeanneau Sun Odyssey 45.1. would you choose a different boat if you had the have? I'm favouring a boat with davit & solar etc all done., but from Australia, its a bit hard as you know, going by just internet searches.
We are both 65, I've been sailing for a fair while, but not my wife, but not much bluewater. except for a week in Croatia just recently
We're still very much enjoying A B Sea, she's just the right size, inside and out, for 2 people. We spent hundreds of hours looking at boats on the Internet and as you say the only true way to get a feel for the vessel is to get on board and see how the size works for you. Will you buy in Oz or elsewhere?
Sailing A B Sea
I’m looking in the Med, but mostly Greece, Italy, Turkey, it comes down to budget!
Australia is too expensive and not where we want to be!
@@ianmcknight7310 Turkey is a great starting point, friendly people, inexpensive and tons of anchorages. Plus cheap to get all the little jobs and modifications sorted out. Be aware that the brokers fee in Italy is paid 50/50 by buyer and seller. We've heard that Italy is expensive and there are far fewer protected anchorages.
Yes but.... What was the cost of all the beer, nuts, pizza and sausage rolls you ate while you waited? Also, how much money did you spend on all the things you didn't really need but absolutely could not do without?
Sorry Eric we lost track of beer expenditure, I'll go count the empties. We were very good about controlling our spending on our 'need' versus 'want' items.
Hi
Great videos. I was wondering where you bought your insurance and were there problems trying to get insurance for a 46ft boat to be sailed in the Mediterranean by new sailors. I am in the same position and finding insurance difficult
Hi Dirk we are insured with Top Sail and there were no problems being new sailors, they were even okay with us having no fixed berth and living on anchor 95% of the time.
Thanks for sharing and 👍🏻 for the AB Sea video style!
Just wondering, why you pay import duty and VAT for items with destination on a foreign boat (-> export -> duty & VAT free). I assume, you have an australian or at least a non EU registration.
Fair winds and following seas ☀️🌬⛵️
Thanks for the thumbs up, it's really appreciated. Regarding the import duty/VAT thing, we could claim back what we paid when we leave Spain, but the paperwork and time it would take would be more hassle than it's worth. A B Sea is now a UK registered vessel and we're traveling on UK passports. I think the initial problem was that we just had the delivered items addressed to Jose's office and not 'yacht in transit'. Lesson learned.
why are you UK registered vs aussi?
Aussie registration costs AU$1,500. UK registration costs UKP25 for 5-years. While the UK is still a part of the EU it also makes traveling through the Med a lot easier if she's registered in an EU country.
Am enjoying your videos! I. Curious as to how.much it would cost to purchase this boat brand new compared to the 100k you've shelled out?
Hi Judith912, I am sure a 2018 model Jeanneau would be a heck of a lot more than the 100k Euros. You can search for new and used yachts here www.yachtworld.com So glad that you're enjoying our journey so far. Cheers.
Nice video, im looking to get into sailing, what are the usual harbour costs in the med?
Hi Nathan, we tend to stay away from harbours, hence why we spent so much on our huge Mantus anchor. We did spend 1 night in the harbour at Pythagoria, Samos and that was 10 Euros inc water and electricity. We went in to wash A B Sea and fill up her water tanks.
$$OUCH!$$
that is way out of my price range.
Never say never. Keep positive and keep searching. The perfect boat at the right price could be around the next corner.
Us Aussies don't mind and are not ashamed to talk about money and cost of things... it makes us (Aussie$) laugh when people think it's a big secret. I.E. wages and cost of life and things...O and Aussies don't TIP anyone and we hate taxes and any other fees about the original price, and we do expect a 50% discount on everything, don't be insulted when Aussies ask.
When we set out on our journey one of the things we decided was to include prices of things , whether it was boat parts, entry to a museum, price of fuel etc. We felt that was very much missing in the videos we watched about this lifestyle. 😀
Hey nice couple, really good videos, by the way I am available for adoption.
Hi Andre, we're not sure if our son would be happy with a new brother. Hahahaha 😂
Goodday nice video I subbed would appreciate the same cheers
Always happy to support a fellow sailor.