In the yacht purchase process, a particularly important step is lifting the vessel out of the water to inspect the condition of its underwater hull.
This usually takes place after the initial yacht inspection and sea trial have been completed, and when the buyer has shown serious interest in the purchase. The buyer’s commitment is typically confirmed by signing a preliminary agreement and paying a deposit, which is generally around 10% of the vessel’s total price.
Costs and Organization of Lifting the Yacht
One common question at this stage concerns who covers the costs of lifting the vessel, which are not insignificant. This expense is usually agreed upon between the seller and the buyer, with the broker playing a key role in coordinating and organizing the entire operation.
What the Underwater Hull Inspection Provides
Lifting the yacht out of the water allows for a detailed assessment of the hull’s condition, which is especially important for a preliminary evaluation of osmosis. Even the condition of the antifouling coating alone gives the interested buyer insight into how the seller has cared for and maintained the vessel.
Osmosis is a term that often causes concern among buyers, so even the slightest suspicion of its presence can slow down or complicate negotiations. Rather than finalizing the sale, this often leads to delays and disagreements between the parties.
Inspection of Propulsion Components
Having the vessel on dry land also provides an opportunity to inspect the propulsion elements: propellers, shafts, flaps, skegs, thrusters, and other components.
During this inspection, it is important to check for:
- possible damage caused by cavitation or galvanic currents,
- correct functioning and rotation of the shafts,
- any play or condition of the shaft bearings,
- and, in general, the way these components have been maintained.
Key Reasons for Conducting the Inspection
The underwater hull inspection is extremely important because it allows you to:
- gain a realistic understanding of the vessel’s maintenance,
- make at least a preliminary, and possibly reliable, assessment of the presence of osmosis,
- determine the condition of propulsion components,
- obtain information that guides the further course of the purchase process.
Although this operation is sometimes skipped due to the costs of lifting the yacht out of the water, it is a highly important and often decisive step in the purchase process.
We strongly recommend that the underwater hull inspection is always carried out, as it can prevent unpleasant surprises and ensure transparency throughout the entire process.
