HOW DO WE ENSURE THAT THE YACHTS ARE MAINTAINED TO HIGH STANDARD?
We create a detailed maintenance manual specific to that boat and its systems, encompassing every element of the yacht. Detailed maintenance schedules are then created and crew members or service experts are assigned specific tasks. Each day, week, and month those tasks are dispatched to the appropriate individual and the status of each is reported beck to our home office through the on-board software. The crew are not only responsible to the captain, bat the crew and the captain are responsible to our land-based manager. These procedures ensure that maintenance is being done "by the book".
ARE THERE ANY OTHER EXPENSES BESIDES THE PURCHASE PRICE AND THE MONTHLY MAINTENANCE FEES?
NO, those are the only normal costs associated with your ownership. However, as with any yacht, unexpected issues could arise. Although every effort is put into anticipating breakdowns, repairs, refurbish costs and operating expenses, exceptional circumstances could cause an increase in the annual budget.
HOW DID YOU ARRIVE AT FIVE WEEKS OF USE PER OWNER?
The average number of weeks that large yacht owners use their yachts is five weeks. We alocate 25 weeks of use to the owners and 6 weeks to the charter market( the charter revenue is credited to the owners). We allow two days between each owner's or charter 's use for the crew to prepare, re-provision, and personalize the yacht for the next owner's or charter's visit, (31 x 2 days = 9 weeks). Transitioning time between cruising grounds account's for approximately 8 week's. Scheduled maintenance and normal repairs add the remaining 4 week's.
WHAT IF I DON'T USE ALL FIVE OF MY AVAILABLE WEEKS?
If you know that you will not use all of your available time, you can contribute weeks to the charter pool. Thoes weeks are offered on the charter market. The total revenue from yours chartered week's will be credited to your account.
WHAT IF I WANT TO USE MORE THAN FIVE WEEKS IN ANY GIVEN YEAR?
Owners can charter additional weeks at a discounted rate, but you cannot exchange weeks between fiscal years.
HOW CAN I BE ASSURED THAT THE YACHT I PURCHASE WILL NOT PLUMMET IN VALUE WHEN IT'S TIME TO SALE MY SHARE?
Just like with full yacht ownership, you’re subject to market conditions, but history has shown that properly maintained yachts generally hold their value.