Cheap Vehicle Insurance – Why Buy A Yacht Slip
Here are some reasons you may want to buy a yacht slip opposed to renting.
- If you know you are going to stay in the local area, and the yacht slip would be a great home base for your vessel.
- You do not want to keep paying rent if you can build equity.
- You do not want to be at the mercy of someone else as a renter.
- If you buy a slip for a good price in an area that is in demand, you can easily rent the slip if you are going off cruising for a few months at a time
- Your investment is a good one when the cost and maintenance fees are within your budget, and you have reasonable expectation that the slip will appreciate in value.
- If demand is rising for slips in your area, then owning yours protects you against limited supply; and it is, therefore, a good investment.
