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Author Topic:   overseas joint ownership

altosi49 posted 09-07-2009 10:18 PM ET (US)
I want to offer my sailboat, Cirrus, to one or two individuals on a joint ownership basis. The boat, a 27' Bayliner sloop, is located in Puntarenas, Costa Rica. Does anyone have any advice on what the best venue might be for advertising this kind of thing? Costa Rica's Pacific coast offers some really pristine and spectacular cruising locations, and current low fares to Costa Rica make it easy to get there.
Tom W Clark posted 09-07-2009 10:21 PM ET (US)
Shouldn't be a big deal. Half ownership in a 27' Bayliner sloop is worth about what? $50?
altosi49 posted 09-07-2009 10:28 PM ET (US)
After you consider import duties, registration as a Costa Rican-flagged vessel, the cost goes up considerably. I'm not selling a luxury yacht. It's more of an opportunity.
deepwater posted 09-08-2009 03:49 AM ET (US)
Try one or more of the local motels and offer tours for help with fuel and maintenance
WT posted 09-08-2009 04:13 AM ET (US)
I'm either going to be in Los Suenos, Costa Rica or Oahu, Hawaii this November.
Are there any Boston Whalers in Costa Rica?
Warren

pglein posted 09-08-2009 01:50 PM ET (US)
Is there a craigslist for Costa Rica? That's probably your best bet.
As a side note, as someone who grew up sailing, I believe that the 27' Bayliner "Buccaneer" sloop is perhaps the single worst production sailing boat ever built. It is notorious for being top heavy and under-ballasted, which causes it to heel much more than it should, which only compounds the problem caused by the fact that it has too short of a rudder. So, what happens is, in even a slight wind, it heels over far enough to raise the rudder out of the water, which causes you to lose steering control of the vessl. From what I hear, the boat is actually decently balanced, which means that, without input from the operator, it will generally sail a pretty straight course. Normally this is a good thing. However, when you have no rudder control.... it can cause you to sail off into the sunset; even if that wasn't your plan.
Tom W Clark posted 09-08-2009 01:59 PM ET (US)
http://costarica.en.craigslist.org/

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Author	Topic: overseas joint ownership
altosi49	posted 09-07-2009 10:18 PM ET (US) I want to offer my sailboat, Cirrus, to one or two individuals on a joint ownership basis. The boat, a 27' Bayliner sloop, is located in Puntarenas, Costa Rica. Does anyone have any advice on what the best venue might be for advertising this kind of thing? Costa Rica's Pacific coast offers some really pristine and spectacular cruising locations, and current low fares to Costa Rica make it easy to get there.
Tom W Clark	posted 09-07-2009 10:21 PM ET (US) Shouldn't be a big deal. Half ownership in a 27' Bayliner sloop is worth about what? $50?
altosi49	posted 09-07-2009 10:28 PM ET (US) After you consider import duties, registration as a Costa Rican-flagged vessel, the cost goes up considerably. I'm not selling a luxury yacht. It's more of an opportunity.
deepwater	posted 09-08-2009 03:49 AM ET (US) Try one or more of the local motels and offer tours for help with fuel and maintenance
WT	posted 09-08-2009 04:13 AM ET (US) I'm either going to be in Los Suenos, Costa Rica or Oahu, Hawaii this November. Are there any Boston Whalers in Costa Rica? Warren
pglein	posted 09-08-2009 01:50 PM ET (US) Is there a craigslist for Costa Rica? That's probably your best bet. As a side note, as someone who grew up sailing, I believe that the 27' Bayliner "Buccaneer" sloop is perhaps the single worst production sailing boat ever built. It is notorious for being top heavy and under-ballasted, which causes it to heel much more than it should, which only compounds the problem caused by the fact that it has too short of a rudder. So, what happens is, in even a slight wind, it heels over far enough to raise the rudder out of the water, which causes you to lose steering control of the vessl. From what I hear, the boat is actually decently balanced, which means that, without input from the operator, it will generally sail a pretty straight course. Normally this is a good thing. However, when you have no rudder control.... it can cause you to sail off into the sunset; even if that wasn't your plan.
Tom W Clark	posted 09-08-2009 01:59 PM ET (US) http://costarica.en.craigslist.org/