Buying a Yacht in Lanzarote, Canaries: A Step-by-Step Guide

 So you are interested in purchasing a yacht in Lanzarote or the Canaries to complete your 'Dream Spanish Island Life' 

The process can be exciting and overwhelming at the same time. With so many options available, it's important to have a clear plan in place to ensure that you make a well-informed purchase.

Here are a few steps to follow when buying a yacht in this part of the world:

Determine Your Budget

Before you start your search for the perfect yacht, it's crucial to determine your budget. This will help you narrow down your search and find a yacht that fits within your financial capabilities. 

Additionally, consider the costs of maintenance, upkeep, insurance, and registration fees when setting your budget.

Research Different Yacht Models

Once you have a budget in mind, it's time to start researching the different yacht models available in the Lanzarote and the Canary Islands area. Websites such as Yachtworld, BoatTrader, or Boats.com are great resources to start your search.

You can also attend local boat shows or visit dealerships in person to get a feel for the various yacht models and find one that fits your needs.

Hire a Surveyor

A surveyor can provide an independent assessment of the condition of the yacht you are interested in, ensuring that you are making a well-informed purchase.

Look for a surveyor on websites like Yachting Pages or Boat Surveyor.

Choose a Reputable Dealer

When buying a yacht, it's essential to work with a reputable yacht dealer in the Canary Islands with a good reputation, extensive experience, and a knowledgeable staff.

Check online reviews and ask for recommendations from other boaters to find a yacht dealer that you can trust.

Negotiate the Price and Finalise the Sale

Once you have found the yacht you want to purchase, work with the dealer to negotiate the best possible price.

Make sure all the necessary paperwork is in order and consider using a lawyer or other professional to assist you in the process.

Register the Yacht

To legally operate your yacht in the waters around Lanzarote and the Canary Islands, you will need to register it with the local authorities.

Consider consulting with a local maritime lawyer to ensure that you have taken care of all the necessary steps and requirements.

Ensure You Have Insurance

Insurance is an important consideration when buying a yacht, as it can provide protection for your investment and cover any unexpected costs. Look for insurance options online, including those specifically for yachts, such as Pantaenius or Yachtinsure.

Make sure to compare different policies and choose one that meets your specific needs and requirements.

Conclusion

Buying a yacht in Lanzarote and the Canary Islands can be a fantastic experience, but it's essential to do your research, work with a reputable dealer, and take care of all the necessary steps.

From determining your budget and researching yacht models to hiring a surveyor and registering your yacht, there are several important considerations to keep in mind.

By following these steps, you can find the yacht of your dreams and enjoy all the benefits of boating in this beautiful part of the world.

Espacio Lanzarote Real Estate fully recommended Canary Yacht Brokers, as the first and foremost choice for anyone looking for a reputable yacht dealer in Lanzarote and throughout the Canary Islands.

They are passionate about all things ocean and committed to providing the best yacht brokerage services to their clients around the world as the trusted experts in the field. 

By offering a comprehensive range of yachts from across the Canary Islands and a personalized approach to each and every client, they ensure that you get the advice and guidance you need when buying or selling a yacht.

With their team of dedicated professionals, they will be there to support you every step of the way.

The Canary Islands are renowned for their sailing and yachting opportunities, with world-class marinas and services that make it the perfect destination for those who love life on the water.

So if you're looking to find or sell a yacht, talk to them today.

Contact Canary Yacht Brokers:

SEAMASTER YACHT BROKERS, S.L.

Calle Berrugo 13A, Marina Rubicon, Playa Blanca, 35580 Yaiza, Lanzarote, Canary Islands

Phone: +34 828 784 117

Email: [email protected]

https://canaryachtbrokers.com/