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Old 17-07-2008, 12:30 PM
The Soup Dragon The Soup Dragon is offline
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Join Date: Dec 2006
Posts: 144
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Isadora.

When I contacted Fadesa about berths a year or two ago they were only offering a shorter term lease (think it may have been 20 or even 15 years.) There was so much that had to be firmed up at that time with berths - not least what happens at the end of the lease - that I stayed clear. My contact at Fadesa even conceeded that most investors were doing the same and that it was keen sailors that were buying the berths. (I'm not doubting you will have 60 years in your contract, just pointing out what was offered to me and why I, and others, walked away.)

It may well prove to be a good investment, but at that time nothing like full information was available.
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