Chez Team · video

What this video covers

The hosts, Chilu and Eze, are in the British Virgin Islands (BVI) to purchase a sailboat and are in the final stages of making an official offer on a vessel.18:08 After reviewing the boat's condition with a surveyor’s report and inspecting the engine, electrical systems, and communications equipment, they confirmed that most necessary repairs were completed by the previous prospective buyer.6:20 The purchase process involves significant bureaucratic hurdles, including extending their tourist stay, which required documentation from the broker, The Moorings, to prove their intent to buy a boat.11:18 To manage costs during this search, the hosts utilized the Home Exchange platform to secure local accommodation using points, and they rented a car through a local agency for $35 per day.14:04 They note that the BVI is significantly more affordable and less crowded during the off-season, which coincides with the hurricane season.14:44 The hosts emphasize that the boat they are pursuing is being sold "as is," which previously prevented another buyer from securing bank financing.6:51

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