INTRODUCTION
Our yacht sharing program is handled by knowledgeable team whose aim is to create a hassle-free experience for the owners.
We offer YACHTSHARE OWNERSHIP program providing financially sensible alternative to chartering or full yacht ownership. It is a cost effective way to own a yacht without the associated hassles and expenses.
Maintenance, staffing, marinas, provisioning, insurance, itinerary scheduling, service, upgrading, refurbishment and endless more are all factors that an owner normally needs to consider. We manage all the issues so that you can enjoy relaxing time on YOUR YACHT pampered by five-star service.
A TROUBLE-FREE EXPERIENCE AT A FRACTION OF THE COST.
HOW IT WORKS
We offer berboate and crewed quality yachts which are sold in 5 equal shares (ocasionaly 3 or 4 shares).
Owners pay 20% of the vessel price plus a monthly maintenance fee. In exchange they have a tangible asset with resale value. It is important to note that in contrast to chartering, which provides no residual value, yachtshare owners have equity and enjoy pride of ownership of their yacht. The yachts are professionally managed, expertly maintained and completely equipped for cruising in comfort and style.
The average number of weeks that large yacht owners use their yachts is five weeks.
| YACHTSHARE VERSUS FULL YACHT OWNERSHIP | Prices in EURO |
| New Vessel Purchase Price = 5.000.000 | 1/ Share = 1.000.000 |
| Annual maintenance 10% of purchase price = 500.000 | 1/5 Share = 100.00 |
Residual value in 4 years (as a percentage of purchase price) 70 %
Depreciation yearly 7.5 %
| Yachtshare | Full Ownership | Cost Differential | |
| Initial Purchase Price | 1.000.000 | 5.000.000 | 4.000.000 |
| Annual Maintenance 10% | 100.000 | 500.000 | 400.000 |
| Annual Cost of Funds 5% | 50.000 | 250.000 | 200.000 |
| Annual Depreciation 7.5% | 75.000 |
375.000 | 300.000 |
| Selling Price after 4 years 70% | 700.000 | 3.500.000 | 2.800.000 |
| Cost if Sold After 1 Year | 225.000 | 1.125.000 | 900.000 |
| Cost if Sold After 4 Years | 900.000 | 4.500.000 | 3.600.000 |
Year Cost Savings of Yachtshare vs. Full Ownership 3.600.000