Buying a yacht is an extremely rewarding experience. It conjures up images of serenely sailing into the sunshine, free to explore exciting new places from a yacht with all the mod cons. But owning a sailing yacht tends to be seen by many as an expensive and unfeasible ideal.

Buying a brand new luxury yacht is obviously unaffordable for most people. Not only do you need to pay for the boat, but sailing training, insurance, fuel, crew and maintenance are going to add up. A smaller sailing ...