Adam's 10.7m Aluminium hull. Tiller in cockpit. 1986. Sleeps 5. New rigging, motor, dodger, batteries, holding tank, toilet pump, sheets.
Sails well.
We've operated seamlessly as a 3way ownership syndicate for 4 years. 2 of the owners are now looking to sell.
I find part ownership an extremely good way to own a boat. Sharing maintenance and costs is the only way I could own a yacht like this. $12700 per share.
We run a year long usage calendar, week by week. We run a spreadsheet to record costs and monitor individual spending and ensure balance.
Remarks
This arrangement has worked really well for us. We'll be looking for compatible characters to take up these shares.
We highly recommend this as an affordable way to own a yacht.