Renovating an Old Yacht: Tips for First-Time Yacht Owners
Ahoy there, new yacht owner! You've finally done it. You’ve gone out and got yourself an old yacht. Right now, you’re probably eager to bring it back to its former glory, or maybe even make it look better than it ever has.
Buying a preowned yacht is never a bad idea. Typical small yachts, brand new, will cost you between $500,000 and $2.5 million. Used yachts, on the other hand, will cost you under $400,000. Hence, why not buy a used yacht and then renovate it? It’s the best financial choice you can make if you’re looking to buy a yacht.
Renovating a yacht is like polishing a diamond hidden beneath years of salt, sea, and sun. Exciting, but can also be super challenging, especially since you’re a new yacht owner and unlikely sure where to start.
No need to worry; we’ve got you covered with some essential tips to help you navigate this journey as a new old yacht winner.
Start with a Thorough Inspection
Before you start the renovation of your yacht, give it a thorough inspection. Make sure you check every nook and cranny of the yacht for structural damage, electrical issues, plumbing problems, and even hidden mold.
A solid yacht needs a solid foundation, so ensuring there are no major surprises lurking beneath the deck is crucial.
Hiring a professional to do the initial inspection of your yacht might be the best decision you make. They’ll spot issues that might slip past your eye, like corroded wires or a tiny crack in the hull that could spell trouble later.
Plan Your Budget Wisely
Face this reality: yachts are luxurious, and renovating one can be an expensive endeavor. Yacht renovations can cost as much as $250,000. Therefore, don’t you think it’s a good idea to plan your budget before you start renovating your yacht?
Make sure you create a budget that covers everything from repairs to décor, equipment, and labor. Always leave a little extra room though. There’s a good chance you’ll encounter some unexpected costs along the way, whether it’s finding new parts or upgrading outdated systems.
You don’t want to skimp on essentials. However, it’s also a good idea to keep an eye out for areas where you can save a few bucks. Maybe refurbish that classic teak deck instead of replacing it, or consider second-hand parts for non-essential upgrades.
Whatever you do, don’t compromise the safety of your yacht and its passengers for the sake of saving a few coins.
Secure Your Deck
Ever thought about the potential hazards on your yacht’s deck, especially when the waters get a little rough? This is where netting solutions come into play, making it a crucial part of your renovation.
As per Sunrise Yacht Products, multihull nets are a popular choice for those who own catamarans or trimarans, providing safety and style. These nets stretch across the space between hulls, creating a secure surface that’s not only practical but also adds to the yacht’s aesthetic.
Netting products can be installed along the edges of your yacht as well, offering an added layer of protection. Whether you’re securing children and pets, or just trying to prevent any gear from going overboard, nets are versatile and essential.
Investing in high-quality netting ensures you won’t have to worry about fraying or breaking, even after long voyages. Such netting might even be used to create a bit of extra floor space on your yacht.
Don’t Forget About the Tech Upgrades
A yacht renovation isn’t just about making your boat look pretty. It’s also about making sure the yacht is equipped with the best tech to keep you safe and comfortable.
Modernizing your navigation systems, communication devices, and even your entertainment setup can make a world of difference in your travel adventures.
Outdated GPS? Time to switch it up. Need better radar? Add it to the list.
If you’re planning to spend weekends exploring hidden coves, consider installing solar panels. These will keep your batteries charged without having to rely on noisy generators, making your yacht more eco-friendly and self-sufficient.
Renovating an old yacht: challenging, but incredibly rewarding. Will it cost money and time? Absolutely, but you own a yacht; it’s expected that you’ll spend a bit of your money and time on it, right?
Now, roll up those sleeves and start bringing your yacht renovation vision to life. After all, there’s nothing quite like sailing on a vessel that you’ve lovingly restored. Hence, don’t delay or wait any longer after having bought your yacht to renovate it.