4 reasons to consider buying vs renting a marina berth
As a boat owner, you may have looked at the pros and cons of buying a marina berth versus renting one. While both options have their merits, there are quite a number of advantages when it comes to owning your own long-lease marina berth.
One of the most significant advantages of owning a marina berth is the convenience it offers. When you own a berth, you can come and go as you please without having to worry about availability. You don’t even need to concern yourself with next year’s marina fees as your berth is your own. You can keep your boat in a safe and secure location, and it’s always ready for your next boating adventure. With a rented berth, you may have to deal with limited availability, and in some marinas, long waiting lists.
2. Cost Savings
While it may seem like renting a marina berth could be the more affordable option, owning a berth can be more cost-effective in the long run. When you rent, you’re essentially throwing money away each year. You’ll never see any return on your investment. With berth ownership, you can recoup your costs when you decide to sell your berth. In some marinas, you’ll also have the option to sublet the berth out if you are going cruising or selling your boat.
Some marinas have active Berth Holders Associations. So owning a marina berth can help you achieve a sense of community with fellow berth owners. This can lead to new friendships and opportunities to learn more about boating and the surrounding area.
Finally, owning a marina berth is an investment in your boating lifestyle. You’ll have a tangible asset that you can sell. You can enjoy the benefits of ownership for years to come. With renting, you’ll never see a return on your investment, and you’ll always be subject to the whims of the marina and its price increases.
In conclusion, buying a marina berth can offer you many advantages over renting. If you’re serious about boating and want to enjoy the benefits of ownership, please get in touch and let us help find the perfect berth for you and your boat.