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Yacht Or Vacation Home? 4 Important Questions To Ask Before Deciding
By Emilie Barland | Posted On Jan 16, 2017
A yacht can be an immensely positive investment that transforms the way you vacation. At the same time, you might also be considering a vacation home in one of your favorite areas in the world. If you only have the budget for one option, which makes more sense than the other?
The exact answer to that question, of course, depends on a number of variables. Every person is different, so it’s difficult to say whether one or the other is definitely preferable. That said, here are 4 questions you can ask yourself whether you should take a closer look at buying a yacht or vacation home.
1) How Stationary Do You Want to Be?
First things first: when you go on vacation or enjoy your retirement, do you want to relax and stay in one place, or explore the world? The answer obviously influences whether a yacht or vacation home is a better choice.
Some people simply enjoy coming back to the same place and making it a secondary home. Others, of course, enjoy taking that home wherever they want to go in the world. This should be your first guiding consideration in making a definite choice.
2) What is Your Budget?
Second, your budget also matters. Especially in desirable areas, vacation homes tend to be more expensive than comparable yachts. The price of yachts for sale, of course, can be high as well; it all depends on your needs and expectations.
But generally speaking, your budget will influence whether a yacht or vacation home makes more sense. If you have less than $100,000 available, for instance, you might more easily find a boat that matches your expectations.
3) How Much do You Love Water?
It might seem like an obvious question but still bears mentioning. If you buy a yacht, you better consider the fact that you will spend every vacation on the water.
Some people love it. The water communicates a sense of freedom and vastness that no land-based vacation spot can replicate. Even staying on the beach is not the same as sailing the oceans.
But you might actually be looking for a more subdued option. If you feel more comfortable on land, a vacation home will help you accomplish that goal better than a yacht ever could.
4) What About the Upkeep?
Finally, it’s important to consider just how much work you will have in making sure your yacht or vacation home is always ready for you to come back and enjoy it. For a yacht, annual upkeep is vital and has to include both interior and exterior cleaning as well as engine maintenance.
A vacation home also requires care, but it might be simpler. You will probably be familiar with the joys of homeownership, which apply here. As a result, upkeep tends to be lower, depending on the exact home you buy. Whether that is worth the trade-off from the freedom a yacht can provide is your question to answer.
Finding the Right Yachts for Sale to Fit Your Needs
With all of these variables in mind, it’s time to make your decision. Once you answer all four questions, you will have a better idea of whether a yacht or vacation home fits your exact needs and situation. Now, it’s time to actually find an option that works for you.
When it comes to ships, that means making sure you actually look at yachts for sale that match exactly what you’re looking for. Here, it makes sense to work with a reliable broker who can show you a variety of options and provide trustworthy advice. Contact us for more information on that process, and finding a yacht that will make your future vacations unforgettable.