Fractional Ownership
OF A LUXURY YACHT
What is
A YACHT SHARE?
Yacht share is where you own a percentage of a luxury yacht. For example, a 25% ownership means you are one of four owners and would have to cover quarter of the total running and maintenance costs. In return you have access to the yacht as determined in your ownership agreement.
HOW DOES IT WORK?
You buy a percentage share in a yacht and a management company takes care of all the logistics including:
Cleaning
Refueling
Repairs & maintenance
Valet parking
Insurance
Linen & laundrey
Online booking system
By choosing yacht share, you get the joy of owning a yacht but with less cost and work.
WHAT ARE THE BENEFITS OF OWNING A YACHT SHARE?
There are a number of benefits to owning a yacht share rather than having sole ownership of a yacht:
FINANCIAL SAVINGS
The costs of running and maintaining a yacht can be hefty. By sharing ownership, you also share those costs saving you some serious money.
NO MANAGEMENT HASSLES
As a yacht share, you will have a management company to take care of the hassles involved with yacht ownership. Hiring crew, maintenance, dealing with marinas etc are all done for you.
EASIER TO SELL
When it’s time to sell, it can be much easier to sell a part share in a yacht than selling the whole thing as the sharing arrangements are already set up and there is a bigger pool of potential buyers.
WALK ON WALK OFF
With everything else taken care of, you can literally just walk on, sail away and then walk off at the end of your trip.
WHAT ARE THE DOWNSIDES OF OWNING A YACHT SHARE?
There are of course some downsides to owning a yacht share rather than owning your own yacht.
SHARING YOUR TOYS
If you don’t like to share, yacht share may not be for you.
LESS FLEXIBILITY
With yacht share, you don’t have the flexibility to decorate or fitout the yacht however you want. You will only have access at certain scheduled times of the year so last minute getaways can be a bit difficult.
MAJORITY RULES
Most decisions are made on consensus with yacht share so if the majority decide they want to change the location of the yacht or to sell up, you won’t have much choice in the matter!
"Just a short note to say how delighted we were with your guidance & assistance during our most recent new boat purchase. Once again you have been a pleasure to deal with just as you were with each of our previous large boat acquisitions.
Without your help and component knowledge they would simply not have happened. We value greatly both your continued professionalism along with your ongoing attention to finer details providing us with a thoroughly enjoyable boating experience each and every time. Suffice to say we highly recommend your much valued and personalised support."
- Terry & Glenda Hunter