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A crazy project I'm very seriously considering...Swede 55

Posted: Thu Nov 30, 2006 9:19 pm
by Noah
I figure this is as good a place as any to enlighted you all on this crazy idea of mine...

I have found a Swede 55 that I plan to purchase and renovate. The short list is that the hull, decks, rig and interior are in good shape. It needs a new engine, electronics, pulpit and a few other things. I figure that the items needed will roughly double the cost above the purchase price. I will spend the next 2 years upgrading and sailing the boat on the lake.

In 2009 I plan to enter the Bermuda 1-2 race. This is a single and double handed race that runs from Newport to Bermuda and back to Newport. The first leg is single handed, and the leg back is double handed.

While the boat is definately an old school design, it is still pretty fast. It has a PHRF of 72, though the boat I'm looking at has a larger rig, so it may rate even faster. One just won the 2006 double handed transpac, and they are well proven ocean boats. From what I can tell they have excellent sea manners, which make them particularly well suited for single or double handed racing.

You only live once, so what the hell, why not live the dream...And yes I'm crazy.

YOu can find more pictures and info about the boat at: http://www.swedesail.de/en


Image

Image

Posted: Thu Nov 30, 2006 9:26 pm
by Mark.Wilme
Look Ma, a flying boat !

Posted: Thu Nov 30, 2006 9:54 pm
by Jason K
I don't know much about them, but I love the overhangs and the flattish sheer highlights the length. What year is the boat?

Posted: Thu Nov 30, 2006 10:51 pm
by Figment
CREW LIST!!!!!

:)

Posted: Thu Nov 30, 2006 11:01 pm
by bcooke
Sorry Mike, he can only take one. Maybe next year.

Beautiful boat. And you are right. This is just the place to announce this sort of thing.

-Britton

Posted: Thu Nov 30, 2006 11:02 pm
by Noah
I believe that the boat is a 1977. BTW, it's not the one in any of those photos. There were around 35 of them built over a number of years. There is another on Yachtworld where they are asking around $95k, but the boat still needs work. I would hope that when everything is said and done resale would be $75-85, but it will take good marketing to sell the boat.

Because it's so long and narrow there isn't a huge amount of room below decks. It has roughly the volume of a modern 35-38ft boat.

Anyway, I still like it...

Posted: Fri Dec 01, 2006 12:06 am
by Mark.Wilme
Noah,

I would hope that when everything is said and done resale would be $75-85, but it will take good marketing to sell the boat.
are you doing this just for the resale or to keep the boat ?

Posted: Fri Dec 01, 2006 1:15 am
by Summersdawn
Nice looking boat. I love the blend of classic overhangs and modern(ish) keel/rudder.

Posted: Fri Dec 01, 2006 2:18 am
by Peter
Takes my breath away just looking at the pictures .
Keep us posted, Noah!!
And I'd like to say "Take the leap", but I don't want to influence your decision ;-)

Posted: Fri Dec 01, 2006 7:14 am
by Tim
These are cool boats. I remember when they were being marketed during the 70s in all the boat magazines (which were still fun to read at that point). Most of the versions shown in the ads had this little tiny aft cabin that always intrigued me. I love the long, narrow shape of the boat. Very unique, and surely a head-turner wherever you go. I bet you'll find lots of interested people on the lake once you start sailing her there!

The owner of Brooklin Boat Yard has a boat built as a modification of this Swede 55 design that he has sailed extensively for years.

Good for you. One has to follow their dreams. I hope this works out for you...but of course we expect pictures of "your" boat as soon as possible too!

Good luck!

Posted: Fri Dec 01, 2006 9:50 am
by dmairspotter
Hey, I'll say it...Go for it!!!

What a beautiful hull!

Posted: Fri Dec 01, 2006 11:36 am
by Noah
Thanks for all the positive comments.

That aft-cabin is a funky little thing for sure. I suppose it's great for storage, but I'm not sure how nice it is to be back there.

Image

For long term cruisers it might be a great place to put guests or themselves for a few days. For passage making it would probably be a good place to sleep for the off watch while others are navigating, cooking, etc.

I don't really plan to make any money on the boat, but I would hate to loose too much as well. Obviously my time would be free, but I think that I would be able to re-coup the cost of engine, etc. If I did well in the Bermuda race it might help the resale value more.

I keep thinking a dark hull would be nice looking (yeah, I have a thing for dark hulled boats) but it is already so long and low that it might make the boat look strange. Dark Blue or black is a great color to slim down a chunky boat...

Posted: Fri Dec 01, 2006 12:29 pm
by Summersdawn
I think the boat can pull off a dark hull. Dark blue with a goldleaf cove stripe! And some brightwork!

Swede 55 project

Posted: Fri Dec 01, 2006 2:22 pm
by greg phillips
That's going to be a beautiful boat for you. My mooring is next to the Swede 55 ( VORTEX) that Tim referred to in his post and I'd say its one of the prettiest hulls in Center Harbor. Also, I store my boat in the same shed as her so if you need a picture I could probably get some.

Best of luck.

Greg

Posted: Fri Dec 01, 2006 11:40 pm
by AJ
Sounds like a wonderful plan, Noah! Those Swede 55s sure are beautiful looking boats.
Noah wrote:I keep thinking a dark hull would be nice looking (yeah, I have a thing for dark hulled boats) but it is already so long and low that it might make the boat look strange. Dark Blue or black is a great color to slim down a chunky boat...
To help you visualize what she might look like in dark blue, here are a couple photos I collected earlier this year from a listing for a 41' Swede 30 in ME named Stormsvalla:

Image
Image
Image

AJ

Posted: Sat Dec 02, 2006 11:38 am
by Figment
If ever a boat were screaming out to be rigged as a yawl.....

Posted: Sat Dec 02, 2006 6:00 pm
by bcooke
Or gaff rigged. Hehe

Posted: Tue Dec 12, 2006 4:36 pm
by Noah
Yeah, I saw that Reimers 40, but the looks just don't do it for me (and I tried hard.)

Earlier in the year I almost purchased this 30 square meter, but at the time didn't quite have the finances together to do it...yes I'm still kicking myself. Image

Anyway, I'm off to look at the Swede on Saturday morning. It's expensive purchasing a boat from 1500 miles away. I'm going down to do a self survey and perhaps make an offer this weekend. Depending where we get with the whole process I may be going back down for a survey, and perhaps a 3rd time to load it up to have it hauled to Vermont.

This boat isn't a project boat, but at the same time I know that I will be replacing most of the systems (engine, electrical), so a survey would really only be for hull and rig condition. The rig is only a couple of years old, so I'm not too worried about it...that just leaves the hull and decks. Perhaps I can get a reduced rate survey for just those items.

Anyway, I hope it all goes well.

Noah

Posted: Tue Dec 12, 2006 4:38 pm
by Jason K
Anyway, I hope it all goes well.
So do I - have fun and don't forget the camera.

Posted: Tue Dec 12, 2006 6:32 pm
by Tim
Noah wrote:Earlier in the year I almost purchased this 30 square meter, but at the time didn't quite have the finances together to do it...yes I'm still kicking myself. Image
That is a stunner. Simply gorgeous. What's that stern overhang, like 40 feet? ;>)

Posted: Tue Dec 12, 2006 7:06 pm
by Noah
You don't have to rub in the fact I was a fool for not purchasing that boat...

It was 43ft overall, and probably 26-28 waterline...something like that. Yes, she was amazing...

Posted: Thu Dec 21, 2006 12:06 pm
by Noah
Just thought I would post a quick update here about the Swede.
Noah

Posted: Thu Dec 21, 2006 1:36 pm
by Tim
Thanks for the update. I look forward to seeing some pictures, even if you decide not to go forward!

Posted: Thu Dec 21, 2006 4:44 pm
by Figment
This seems an opportune time to ask yourself "is there a boat that can get me through the Bermuda race for less?"

Posted: Thu Dec 21, 2006 5:01 pm
by Noah
Without a question there are other boats that would be a much more reasonable choice. I would think a J-35 is probably a cheaper platform and more competitive...But...It doesn't stir my imagination. I'm a romatic, and I like to dream about my boats. This boat is a boat I can dream about. A J-Boat just won't do that for me. Folks more reasonable than me would buy a simpler boat with less work needed and have a better time...I wish I was that guy, but I'm not.

I would stick with wood, but I honestly don't have the money to do that. At this point most wooden boats are just too risky for me financially. I did very well with my Hinckley, but I don't know if that will happen again. I should have purchased that 30 square, but it was a large chunk of money to plunk down on a boat that was lightly built in the first place, and could only fall apart.

This Swede is still a risky proposition, but I feel confident that the structure of the boat won't degrade too quickly. The systems are a known entity, and I will be replacing most of them anyway. If I do it right I will always be able to escape with what I have into the boat.

Thanks, and I will let you know how it goes. Sorry I can't post pictures right now.

Noah

Posted: Thu Dec 21, 2006 9:51 pm
by Noah
Well he wouldn't accept my offer (only wanted asking price) so I don't think this will happen. I think he's crazy, but we will see.

Posted: Fri Dec 22, 2006 12:09 am
by Mark.Wilme
Hey Tim, if the boat is in Vermont near Noah then it can't be that far from you, can it ...

Another Northern Yacht Restoration project ??

Posted: Fri Dec 22, 2006 1:20 am
by Noah
Actually the boat is pretty far away from the east coast. Now I'm just kinda pissed that he wouldn't reason with me. We both agreed on the amount of work the boat needed, and we both agreed about what the boat was worth when the work was completed. My offer was exactly inline with these two things, but he wanted 56% more.

Posted: Fri Dec 22, 2006 7:10 am
by Tim
Noah wrote:Well he wouldn't accept my offer (only wanted asking price) so I don't think this will happen. I think he's crazy, but we will see.
Boat after boat languish in yards because of stubborn sellers like that. All the logic in the world won't convince these sort of sellers.

It's a real shame, but sadly it's just so often the case. Until one day the seller gets desperate and sells the boat for less than he would have gotten from an earlier potential buyer like you.

Everyone wants to sell their $2000 boat for $20,000, but then wants to only pay $2000 for something that's actually worth $20,000. (All figures for illustrative purposes only...)
Noah wrote:Folks more reasonable than me would buy a simpler boat with less work needed and have a better time...I wish I was that guy, but I'm not.
I know the feeling. But there's just so much more to it than that, isn't there.

Sorry to hear that the deal probably won't go forward. When it's the right time, something will happen.

Posted: Fri Dec 22, 2006 7:12 am
by Tim
Mark.Wilme wrote:Hey Tim, if the boat is in Vermont near Noah then it can't be that far from you, can it ...

Another Northern Yacht Restoration project ??
Wouldn't fit in my shop. Phew.

Posted: Fri Dec 22, 2006 5:57 pm
by bcooke
Maybe you need a bigger shop!

Posted: Sat Dec 23, 2006 8:35 am
by Tim
Donations will be cheerfully accepted for the shop addition. I can even help you set up a direct deposit of your new paycheck into my shop account if you'd find that more convenient.

Posted: Sat Dec 23, 2006 1:02 pm
by bcooke
and I thought you were the guy with all the disposable cash floating around...

Funny how shops are like boats. You usually wind up wishing you had one a few feet longer.

As for my paychecks, the new one only brings me closer to the Boston area poverty line. (state economists estimate a minimum of $56k for a single person to live within 30 miles of Boston area - Forbes recently listed the county I live in as the worst place in the nation to live relative to avg. income vs. avg. expenses) I won't cross it by any means. At least it is a move in the right direction. Temporarily though I will be working two jobs simultaneously which should help fill my boat fund. The down side is less time working on the boat. This summer I should be working a three 12 hour per day schedule which means 4 whole days a week just for the boat. I think she will forgive my temporary absence.

Noah, there is always another boat out there. And maybe this guy will come to his senses. Just remember to offer half your original offer next time :-)

-Britton

Posted: Tue Jan 16, 2007 11:41 pm
by Mark.Wilme
Noah, just catching up on unread posts - are you selling your Hinkley then ? That is some beautiful boat.

Posted: Wed Jan 17, 2007 11:21 am
by Noah
My Hinckley was sold last April, so I have been boatless for nearly one year now. I have put in a second offer on the Swede, and we will see what happens. The owner is thinking it over, and I hope we can make the deal. If it does happen I go into high gear spending money...shipping it up here, purchasing a new engine, buying sails, stanchions, running rigging, batteries, etc.

Posted: Fri Feb 02, 2007 12:34 am
by Tony
Aww, gee, guess it's time for shop 3.0... :-)

Posted: Sun Mar 11, 2007 9:30 pm
by Noah
My offer was finally excepted! Now I have to decide if I really want to go forward with the deal. My lady is about ready to kick me out of the house for thinking about purchasing a 53ft boat...It would take a few weeks to get the boat up here, so I need to find a place to stay in the mean time:)

Posted: Sun Mar 11, 2007 9:45 pm
by Duncan
Noah wrote: Now I have to decide if I really want to go forward with the deal.
If you do, will you be bringing her up to Vermont?

Posted: Sun Mar 11, 2007 9:48 pm
by Noah
Yeah, she would be on the lake for a few years.

Posted: Mon Mar 12, 2007 6:10 am
by Tim
Congratulations! (Assuming you decide to go forward.)

Posted: Mon Mar 12, 2007 8:52 am
by Figment
It occurs to me that anyone coming back to a three month old offer probably doesn't have many other options. I'd reduce the offer by 10% at least.

Posted: Mon Mar 12, 2007 2:01 pm
by Robert The Gray
Just curious, but what does that boat draw? We have a couple of boats that have deep keels and do not get to go sailing when the tide is low. Are you living in deep water? No, not with the wife, with the boat! just a thought.

r

Posted: Mon Mar 12, 2007 4:56 pm
by Noah
The boat draws 6'8" On lake Champlain that isn't a problem. We have a very deep lake, and I would say most of my sailing is done in 100-300ft of water.

I believe that the draft issue is one of the reasons the boat didn't get sailed in Florida.

Posted: Wed Mar 28, 2007 8:30 pm
by Noah
All mine...well once we sign the papers.

Image

Posted: Wed Mar 28, 2007 9:01 pm
by Figment
Woooooooooooooooooooooooooooooooooooooow.

Posted: Wed Mar 28, 2007 9:13 pm
by bcooke
I think Mike speaks for me too. A very interesting boat.

-Britton

Posted: Thu Mar 29, 2007 6:17 am
by Tim
I don't think I've seen a side profile like that that so highlights the low, lean, long shape of the boat. Cool!

Getting her home ought to be interesting. I hope you'll post some updates as things get underway!

Congratulations! She's a unique boat that's sure to be a head-turner wherever you go.

Posted: Thu Mar 29, 2007 6:58 am
by dasein668
Oo! Oo! Pictures! More pictures!

Where is she located currently? Are you going to put her on the lake?

Did this all get discussed ad nauseum in another thread that I somehow am not connecting in my pre-coffee fogged brain?

EDIT: Clearly, I shouldn't look at the forum before my coffee. Sorry folks. As you were.

Posted: Thu Mar 29, 2007 7:18 am
by Ric in Richmond
I remember when those came out I was a sailing FREAK teenager....And I thought the Swede 55 was just awesome.

I am so jealous!!!

What a boat..

Ric

(even the guys on the wooden boat forum are secretly envying you!)

Posted: Fri Apr 20, 2007 8:56 pm
by Triton 185
Noah wrote:
Earlier in the year I almost purchased this 30 square meter, but at the time didn't quite have the finances together to do it...yes I'm still kicking myself.

I worked on a boat that looked a lot like this one a couple of years ago in England. It was a West Solent. While I made new hatches out of reclaimed teak for my friends Solent I got to sail 3 times on a restored one (I was using for measurements). Great boat to sail - fast and wet....and very responsive!