October 15, 2015

Things to Consider When Considering Buying a Boat in Odenton, Maryland

You’ve made it. Your dreams of living waterfront in Baltimore have come true, thanks to Ritz-Carlton Residences, Inner Harbor. You’re settling in, and you’re so excited to discover common interests among your neighbors, and the multitude of entertainment and social opportunities available on your very own doorstep.

Why don’t you…

Swim a few laps, and kick back in your very own indoor pool.

Invite your friends over for a one-of-a-kind film screening party.

Relax after a long, hard day at work with a massage and a facial.

 

Or cruise around the Inner Harbor on your very own boat.

Wait. You mean you don’t have a boat?

There’s no better time or place to fix that than at The Ritz-Carlton Residences, Inner Harbor, Baltimore; our residents have exclusive use of a marina that features 22 deep-water slips that can accommodate yachts or sailboats up to 100 feet in length. Enjoy direct access to the Chesapeake Bay; meals and refreshments delivered directly to your boat; electrical power; fresh water; security and dock-master services.

 

But first, you have to buy yourself a boat in Baltimore…

It’s the best, and one of the most important decisions you’ll make. To determine what kind of boat is right for you, ask yourself these questions.

What kind of boating do you want to do?

The answer to this question will go a long way toward helping you narrow down what type of boat to buy. Are you interested in long-distance offshore sailing, or just a quick jaunt down the river? Think carefully about what you want, and make an educated, informed decision accordingly.

Do you want a sailboat or a powerboat?

The answer to the last question will influence this: Either style of boat will require knowledge of seamanship and marine maintenance, but what you’re yearning to get out of your time on the water is of key importance. In a sailboat, life is about the journey, but if you’re looking for speed — or just want to get from points A to B — a powerboat may be the thing for you.

Do you want a new or used boat?

Deciding ‘new’ or ‘used’ matters less about your lifestyle, and more about your budget. New boats will, clearly, cost more, but you can also ensure you get exactly what you want. On the other hand, the used boat market is flooded with options, and you’ll have more leeway to negotiation on price. (Say, you might purchase a 2015 model 36-foot Island Packet for around $357 thousand, while an earlier, similar model might sell for less than half that.)

Of what do you want your boat to be made?

Sure, most boats are built of fiberglass, but there’s also the option for steel, wood, or even carbon-fiber. (There’s so much to consider!) If you’re in the market for a sailboat, you’ll have to decide: Monohull or catamaran? And how many masts? Those Maryland active adults looking to purchase a powerboat must consider: Trawler or luxury yacht? And how many engines?

A boat is an investment, and one you’ll have the pleasure of enjoying for many years to come as you sail (or motor) away into life at The Ritz-Carlton Residences, Inner Harbor, Baltimore.