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Buying Your First Yacht

Owning a yacht is a dream for many people and its not difficult to see why

. It conjures up images of serenely sailing into the sunshine, free to explore exciting new places from a yacht with all the mod cons. Owning your own yacht might seem expensive and unachievable.Buying a brand new luxury yacht is obviously unaffordable for most people. Not only do you need to pay for the boat, but sailing training, insurance, fuel, crew and maintenance are going to add up. A smaller sailing yacht, however, may be more affordable than you first thought. Browsing brokers websites will give you a rough idea of how much a yacht is going to cost - some are just 16,000. This may seem expensive at first, but consider the money you will save on holidays, travel and hotels.

And the experience of freedom to explore the seas at your own pace and from the comfort of your own surroundings is much more rewarding. If you are interested in buying a yacht you will need to speak to a broker who will find you a yacht for sale. The advantage of owning a sailing yacht to a motor yacht is that sailing yachts rely on a cheaper and more relaxed form of fuel: the wind. Sailing yachts also allow you to put your true sailing skills to the test.The main types of yachts are day sailing, weekender, cruising and luxury yachts. Day sailing yachts are sometimes called dinghies, and often do not have a cabin as they are intended for short journeys which do not extend overnight.

Weekender yachts are under 9.5 metres in length, usually have a cabin or two and are intended for use for no more than 3 days. Cruising yachts range between 7 and 14 metres long, with more interior space and on-board comfort enabling them to be used for longer journeys. Luxury yachts tend to be over 25metres long, with even more space and luxurious finishings. The process of finding a yacht for sale begins with the broker. Gather a general idea of your budget and needs before speaking to a yacht broker.

The size of the yacht often depends on your budget, but remember you may be able to charter your yacht out to earn some money to cover costs while you are not using it. If you are buying your first sailing yacht it makes sense to buy through a broker. They will share their expertise into the different types and brands available, answering any questions which you may have. Decide on your requirements before talking to a broker. Will you be spending weeks sailing the world, or sailing the coast of Britain on the odd day at the weekend? Source a place to keep your yacht too.

Dockage can be difficult to find in some areas, so talk to the people at marinas about available space before you buy your yacht. If you will be chartering your yacht out think carefully about where you will want to dock it. Crowds hit the Caribbean each winter and the Mediterranean each summer so this is when you will be able to make most money chartering your yacht out.Ask if you can try before you buy. You will only truly be able to know if you like the feel of a boat by spending time on board, and your yacht broker will explain whether this is a possibility.

by: Ethan Noble
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