If you’ve never purchased a yacht before, the thought of looking for one to buy is likely to be quite daunting. Apart from having a budget and an idea of how much you want to spend on it, there are other things you should take into consideration before rushing out to buy your new vessel.

The size of the yacht

According to the Plainsailing website, you should start by buying a smaller yacht – don’t be too ambitious at first. Remember that you can always upgrade to something larger once you’ve got used to a smaller boat and decided if it’s the right thing for you or not. (more…)