Friends! Today we have a project. It is a large 36-feet sailboat with a 50 h.p. inboard engine for only 4800 euro!
Location: Norway
Length: 11 meters
Width: 3.4 meters
Draft: 1.8 meters
Berths: 5
Kitchen (galley): available
Toilet: available
There’s a hull with masts and possibly with sails. The engine should either be replaced or repaired. The interior also needs to be put in order.
The price of 4800 euro seems very interesting for a 36-feet ketch but only at first glance.
The exterior of the boat has been completely refurbished but this is only the beginning. A new engine for such a boat will cost at least 10000 euro and most likely even closer to 15000 euro!
The rest of the modifications, repairs and renovations will require at least another 20000 euro.
Also, you will spend time, effort and hassle so it might freak you out. Something may not work out the way you want, etc.
Using this boat as an example, I wanted to show how a boat for 4800 euro turns into a boat for at least 35000-40000 euro.
After you do this, you can sell the boat for a maximum of 25-30 thousands euro only in the Mediterranean. If you want to sell it in the Baltic Sea, it will cost 20000 euro.
Usually such projects end as a complete disappointment and loss of a couple of years. It is better to buy a ready-made and maximally updated boat for 20000 euro than a project for 4800 euro and invest 30-35 more thousands euro in it.
Large 36-feet sailboat 
Large 36-feet sailboat 
Large 36-feet sailboat
If you want to make your dream about sailing life come true – learn more about my package “An entry ticket to sailing life”. https://how-to-buy-sailboat.com/book-and-course-package/