| Why is Greece the best and cheapest place to | | | | to purchase another one newer for charter. |
| purchase a boat? Well there are many reasons | | | | It makes you think sometimes that so many |
| why you can purchase a boat in Greece at a | | | | thousands of boats already for charter in Greece |
| lower price than from any other place in the | | | | alone and an average of 200 - 300 new ones |
| world. | | | | added every year and with those sold, will there |
| As we all know Greece has the biggest fleet of | | | | be an end to the finding boat buyers? Surprising |
| registered shipping in the world. This does not only | | | | enough all boats that are to be sold are selling and |
| apply to the large commercial shipping but to the | | | | new buyers are coming from all over the world |
| smaller private and commercial boats used mainly | | | | as they have discovered that Greece is one of |
| for charter too. | | | | the cheapest places to purchase a boat. |
| For many years now the Greek government has | | | | Greece is also a very popular place when it |
| been encouraging the building and the chartering | | | | comes to cruising. Many boat owners from all |
| of pleasure craft by giving many incentives to the | | | | over the world cruise around Greece and usually |
| owners of small boats used for commercial | | | | fall in love with the place and decide to leave their |
| charter. | | | | boat permanently as they return every year for |
| These incentives started about 25 years ago by | | | | their holidays. When they decide to sell their boat |
| subsidizing the yacht building industry and also | | | | that particular boat is also in Greece and this gives |
| subsidizing owners to the purchase of the boat. | | | | Greece a bigger range of boats and not only ex |
| The other incentive is that commercial charter | | | | charter boats. Those private boats range from |
| boats are Vat free, the charter income is only | | | | the small cruisers to the Mega Yachts. So the |
| charged 4% Vat and it is completely tax free. | | | | choice of boats is vast. A quick search on the |
| Having so many thousands of boat for charter | | | | internet checking most big broking firms will show |
| and needing to replace them regularly as most | | | | that a lot of their boats for sale are lying in |
| charterers now a days demand newer boats up | | | | Greece. |
| to 5-7 years old, the need comes to replace the | | | | The yacht broking industry in Greece has |
| fleet very regularly and sell the older ones. | | | | improved and has come to line with the rest of |
| Having not paid Vat initially on the purchase of the | | | | the world in offering quality and assurance to the |
| boat makes the boat already cheaper. Secondly | | | | sellers and buyers. They are knowledgeable and I |
| most boats have earned a substantial amount of | | | | can sincerely say that they are trustworthy too |
| income and the owner's investment recovered | | | | and this is proven by the number of boats sold |
| very soon, the boat is sold cheaper for the need | | | | every year by Greek yacht brokers. |