Grace – 1997 Elan 431I am selling my Elan 431 for either outright ownership or as a 1/5th share in a syndicate (I will retain one of the shares). This is a reluctant sale, and I do have a preference towards the syndicate option. Reason for selling is that I do not spend enough time on her.Grace is based in Nidri on the island of Lefkada, Greece (one of the Ionian Islands). She is currently ashore for the winter and will be in the water from May onwards. During the season she is on a swinging mooring with professional guardiennage services being provided by a local yacht club.She boasts two double aft cabins both having their own en-suites. She has a spacious saloon with table on the port side, and chart table and galley with cooker, hot water and sink on the starboard side. Going forward, there are also two bunks either side with a shared heads (this had a macerator and holding tank fitted in 2017). In total, Grace sleeps 8.She handles well under power and sail.Inventory:Yanmar 33kw diesel engineElectric windlass (new remote 2018)RefrigeratorBiminiChart plotterAutopilotWind instrumentLogDepth sounderElectric bilge pumpVHF radioBinocularsBattery x2230v Euro sockets throughoutStereo and cockpit speakersDinghy x2Sevylor KayakLotus Grill style BBQHot and cold waterShower in all heads and at stern deckLife raft (last serviced 2017)Flares (not sure of age / expiry)CutleryLinenThis is my first yacht ownership so I have never sold a boat before. Please ask me questions if anything is missing.Getting to Nidri is very easy. The nearest airport is Preveza, and from the UK, you can fly direct from Edinburgh, Manchester, Bristol, Heathrow and Gatwick airports. Other European airports also have direct flights to Preveza. The Yacht Club can arrange a taxi service to and from the airport for approx 50 to 60 euro each way. They also bring Grace quayside and have her prepared for your arrival.I have a video of walk through tour of Grace taken in 2017. Will upload to YouTube shortly. Please ask me for the link. More pictures are available on request.She is priced to sell – for her size and age, there are very few other yachts for sale at this price in the Med.I will consider a swap / part ex on another yacht (power or sail) either in Mallorca, Spain or Portugal.For those interested in purchasing a share:Prior to buying Grace I was a member of a friendly yacht syndicate on a Jaguar 27 (also based in Nidri), and it worked really well. With that in mind, I am also happy to open up Grace as a syndicate with four other parties and myself.The sailing season where she is currently based would be May – October so between five members, we would each have 5-6 weeks use of Grace per year. I only spent 3 weeks on Grace in 2018.The cost for a 1/5th share in Grace would be £9,950 + £60 per month maintenance. This price is fixed. The monthly maintenance would cover the cost of the mooring, insurance and DEPKA fees. It will leave some money over each month to put towards any breakages or upgrades. I have based this purely on the cost last year’s fees (and also the cost of the other syndicate was also £60 per month).You will be named on the SSR and are free to sell your share anytime.I would like the syndicate to be as flexible as possible. Currently Grace is based in Nidri but maybe it would be possible to move her on to explore other parts of Greece such as Athens, Cyclades, Sporades and Dodecanese islands. Maybe in the future we could based our visits out around each other’s planned voyages. Also I would like the syndicate have the flexibility of offering Grace out to family and friends if we do not use our allocation of weeks. They would, of course, have to have ICC certification and be added to the insurance.
Current Price: £49500.00
This 1997 Elan 431 Yacht For Sale Or 1/5th Boat Share For £9,950. Nidri, Greece boat is located in Verwood, BH31 6QF and is being sold on eBay by 74declan74.