If you are thinking you can not afford to buy a vessel to live aboard then think again!  There is always something to suit those on a budget if you look hard enough.

If you are a single person or couple that would like to try out a live aboard life you do not need to spend a fortune to find out if the life is for you.

We found the following vessel for sale at a very reasonable price.

Although it is not a large luxury fitted out vessel it could suit someone that does not need the space and can not afford the bigger more expensive vessels.

LIFEBOAT CONVERSION, 30', 1950s, ferrocement sheathed hull, new Kubota 15hp diesel, battery, stainless tanks, soft furnishings, galley, rewired. BSC 2004. Lying: Medway, Kent UK £3,500 ono

So let's look at the cost's.  You could buy this vessel for £3,500 and have to pay moorings for say £1,200 for the next 12 months.  If you add those up it would cost you a total of £4,700 for the year.

If you now compare this cost to the renting of a Studio Flat at say £400 per month you would pay £4,800 for the year in rent.

What do you end up with at the end of 12 months?

With the renting of the flat you end up with nothing at the end of the year and if you want to continue living there you will have to pay another £4,800 for the next year.

With buying the boat you will end up owning the boat you live on and if you wanted to sell it at the end of the year you could probably get around the same price for it if you looked after the vessel throughout the year.  If you wanted to continue living there you will pay just £1,200 for the next year and still have the capital investment on the boat.

I know what I would do!!

OK, I hear some of you say that maybe after buying the boat you find that you have made a big mistake and you do not like the live aboard life.  Well, if you don't then move back ashore and sell the boat for around the same price as you have paid for it.  At least you gave it a try and you now know that it is not for you and you haven't lost a fortune.

If this sounds like you then their are vessels out there to be had at a good price so keep looking hard and you will come up with something soon.