2001 Fairline Targa Boat for Sale
This is a high end luxury 2001 Fairline Targa 48. Been a local Vancouver boat and same owner since 2008. 3 cabin, and two full heads. Large salon with rich mahogany veneer finishes. The yacht will require a full restoration, but for the right person the results can be outstanding!The vessel has been on the hard in Richmond marina since 2019 and is need of a new owner committing to extensive restoration. The Yacht will be sold AS IS to the best bid over the next few months.Powered by Twin Cat 3126 -420hp diesel engines. Mechanical inspections in 2019 gave indications that the port Caterpiller 3126 engine needs to be rebuilt, and a new Genset is required. This can be a rough cos estimate in excess of $50,000.A 2018 survey shows the safety and other recommendations, which can be used as a guideline for the new owner restorer. The survey gives a market value of $115,000. in the current condition. In good condition the yacht is valued at $250,000. Replacement value is $1,300,000.Many features; includes a dingy garage!The yacht when restored can be a rare 50' Euro style Sports yacht that be a lifetime yacht.Serious project oriented prospects can call and then arrange a viewing.
January 13 on BoatDealers