New Build or Pre-Owned Hull

Build or Buy

New Build or
Pre-Owned Hull

Buy for speed to water and a documented history. Build when the layout, cabin count and class requirements are non-negotiable.

Ask Which Suits You

Side by Side

The Honest Trade-Off

Pre-Owned New Build
Time to waterCan earn from its first seasonDelivered against build milestones
Capital up frontUsually lessSpread across stage payments
Layout controlWhat the hull already isExactly what you specify
Operating historyDocumented, verifiableNone yet
Refit exposureInherited — survey decidesAvoided

The honest answer depends on the hull. A well-surveyed pre-owned vessel is the faster investment, but a hull needing major refit can close the gap to a new build.

What Things Cost

The Used Phinisi Market

Low USD 100,000s

Working Hulls

Sound boats that need refit before they carry paying guests.

USD 500 – 700k

Charter Ready

Liveaboards with recent surveys, ready to take bookings.

USD 153 – 682k

Our Current Range

Five vessels on our list, priced per boat rather than per metre.

Due Diligence

Five Things That Decide a Used Phinisi

Hull Timbers and Keel

The single most expensive thing to get wrong. Haul the boat out and look.

Fastenings and Caulking

Checked below the waterline, ashore, by an independent surveyor.

Engine Hours

Verified against service records, not taken from the gauge.

Survey and Refit History

What was done, when, and by whom — with invoices.

The Paperwork

Title deed, registration, and any charter contracts transferring with the vessel.

On Buying a Wooden Boat

On Buying a Wooden Boat

What It Asks of You

  • Scheduled timber maintenance, not occasional
  • Regular haul-outs
  • Consistent survey habits

What You Get Back

  • The yards that build phinisi are here
  • Shipwrights who know these hulls intimately
  • Repairs are straightforward to source
  • Proven charter demand in Komodo and Raja Ampat
Not Sure Which Way to Go?

Not Sure Which Way to Go?

Tell us your budget, cabin count and when you want to be on the water. We will tell you honestly which route gets you there.