Buying a Yacht in Grenada Made Simple
With over 25 years of experience helping sailors and cruisers purchase yachts throughout the Caribbean, Horizon Yachts International guides you through every stage of the buying process—from selecting the right yacht to survey, paperwork, and final handover.
Why Buy a Yacht in Grenada?
Grenada has become one of the Caribbean’s premier yacht-buying destinations. Located just outside the hurricane belt and home to several major marinas and boatyards, the island attracts cruising sailors from Europe, North America, and around the world.
Benefits of Buying in Grenada
- Large selection of sailing and power yachts
- Competitive pricing compared with many other regions
- Well-established marine services and boatyards
- Ideal starting point for Caribbean cruising
- Strong liveaboard and cruising community
- Convenient international airport connections
Step 1: Choose the Right Yacht
The first step is identifying the yacht that matches your cruising plans, experience, and budget.
Consider:
Yacht Type
- Monohull Sailboat
- Catamaran
- Trimaran
- Motor Yacht
- Size
Think about:
- Number of cabins required
- Crew and guest capacity
- Marina and docking costs
- Maintenance requirements
Intended Cruising Area
A yacht designed for coastal island hopping may differ significantly from one intended for offshore passages or world cruising.
Step 2: Establish a Realistic Budget
The purchase price is only part of the overall investment.
Budget For:
- Purchase price
- Marine survey
- Haul-out and launch fees
- Insurance
- Registration
- Safety equipment upgrades
- Annual maintenance
- Marina and mooring fees
Tip: Reserve a contingency fund for upgrades and unexpected repairs after purchase.
Step 3: Consider Yacht Location
Where your yacht is located can have a major impact on logistics and future cruising plans.
Buying in Grenada
Many buyers choose Grenada because they can immediately begin cruising the Caribbean after purchase.
Popular cruising destinations within easy reach include:
- The Grenadines
- Saint Vincent
- Martinique
- Saint Lucia
- Trinidad & Tobago
Grenada also serves as an excellent departure point for Atlantic crossings and longer offshore adventures.
Step 4: Match the Yacht to Your Lifestyle
Every buyer has different goals.
Liveaboard Cruisers
Look for:
- Large water and fuel capacity
- Solar power systems
- Comfortable living spaces
- Good ventilation
Family Cruisers
Priorities often include:
- Multiple cabins
- Safety features
- Easy handling
Long-Distance Sailors
Consider:
- Ocean-going design
- Strong construction
- Large storage capacity
Charter Opportunities
You may want:
- Multiple guest cabins
- Crew accommodation
- Commercial compliance options
Step 5: Work With an Experienced Yacht Broker
How Horizon Yachts International Assists Buyers
Initial Consultation
We discuss your requirements, budget, and cruising plans to identify suitable yachts.
Virtual Viewings
For overseas buyers, we provide detailed video walkthroughs via Zoom or WhatsApp, allowing you to inspect the yacht remotely before travelling.
Making an Offer
Once you find the right yacht, we assist with negotiations and prepare the purchase agreement.
Deposit & Escrow
A deposit is placed into a dedicated escrow account, ensuring security for both buyer and seller.
Survey & Sea Trial
We coordinate:
- Marine surveys
- Sea trials
- Haul-outs
- Launch arrangements
Because we work regularly with Grenada’s marine facilities, we can streamline the entire process.
Documentation & Closing
After successful survey and acceptance:
- Final funds are transferred
- Title documentation is verified
- Ownership paperwork is completed
- Registration documents are provided