We signed the papers!
Boat owners We signed for the boat today, and the previous owner has received the money transferred from HK. We are now officially boat owners! We bought the boat for 50,000 euros, though it’s worth 70,000 euros or more based on market value. It was sold at a lower price because a LOT of things need fixing. So, we’re planning a 20,000-euro refit to bring it back to market value —or higher. There are only about 200 of this model ever produced, and some are now worth 100,000 euros. We visited many boats in France and Croatia before deciding on this one because it fits our needs. It’s comfortable for living aboard! However, there are issues—it wouldn’t be fun without them: Insurance We don’t have proper insurance yet. I asked Nico to take care of it weeks, or even months, ago… but on the day of signing, we still didn’t have one. So, we grabbed one hastily without thinking it through or comparing options carefully. Also, when you buy an older boat (over 20 years old), you need a boa...