Hi all,
Please let me know if this is not the right place to ask this. There's a 1989 23ft San Juan yacht moored out front of my place up for sale - $3,000k. It's only posted on FB otherwise I'd share a URL. It comes with 6 spare sails, mooring and 12 months' rego. However, I went to have a look and there's no motor, no trailer, no dinghy and the fouling is terrible. No hatch, no aft cabin door, bilge is full of water and bilge pump is broken, electrics are shot, seagulls and cockroaches have had a field day. He hasn't been on it in two years and he's left the sail on the boom since then. Mast is old, wires are a bit rusty, hull light is smashed, pulpit is missing a bolt etc. It's a big project but I'm up for it.
The seller is not budging on price. As an amateur I'd like to know what someone should reasonably pay for a boat in this condition. My key concern is that I won't know if there's any serious issues until it's been scraped and cleaned. Photo below to give you an idea.