1984 Formosa New Horizon

***Major $55k price reduction on 5 October, 2024.  Seller truly sacrificing for an immediate sale!

An extensive cosmetic refit is about 80% completed -- this is a perfect time for buyer to get involved with the functional refit decisions needed.

The interior pictures show the original protective plastic on all-new overhead panels.  Much of the interior trim remains to be done to complete the cosmetic refit - inexpensive here in Rio Dulce.  

This Formosa is priced at less than half of what it will justify when returned to safe, reliable cruising condition -- the reason is simply the additional cost of a functional refit after purchase.  A buyer will likely have $200k-$300k into this boat before long, but then can enjoy a beautiful yacht with new equipment of their choosing.  The average price for this size/age/style sailboat is near $300k -- and that is for one with generally average equipment, not new equipment.  

This can be considered a project boat, but one with excellent potential to justify consideration.  Write for more information and I'll send a list of potential deficiencies to correct.  All work can be done in Rio Dulce by skilled tradesmen, or complete a Stage One here for cosmetics and to make seaworthy before a Stage Two Stateside for completion of desired equipment upgrades.

This Huge Formosa is already conveniently located in one of the finest cruising areas possible: the pristine Western Caribbean!  Now safely tucked up the beautiful Rio Dulce in Guatemala for hurricane season, same-day cruising from the Rio can have you snorkeling or diving the world’s 2nd largest barrier reef – Belize it!  Or, it’s just an overnighter away to experience the Bay Islands of Honduras (Utila, Roatan, Guanaja).  Farther voyages can have you enjoying Mexico, Jamaica, Caymans, and Panama before returning to the Rio sanctuary year after year, as countless cruisers do.  Great Yacht, Great Location… it’s time to have fun!!