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Fractional Yacht Ownership |
Yacht Charter
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Some companies
offering fractional yacht ownership: Monocle Yachts | Bradford Yachts
| Amanzi Yachts
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Fractional Yacht Ownership
The average yacht owner use their
yachts less than one month per year while they own the yacht. They still
have the expense and inconvenience of owning the boat for 12 months of
the year - while only using it for 1/12th of the time.
Fractional yacht ownership
lets you own a portion of a yacht and use it for a certain period of
time. You don't have to worry about maintenance, insurance, moorage,
haul-out, crew etc. It's all managed for you. |
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The concept of fractional yacht ownership
allow you to own a luxury cruising yacht at a fraction of the overall
cost to own a luxury yacht.
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| Some programs
allow for a limited amount of owners. For example, Amanzi Yachts
Fractional Ownership program allows for up to twelve co-owners to buy a
single yacht. "The cost of the
yacht and the expenses of maintaining the yacht are shared by the
co-owners. The whole program is organized and professionally managed by
Amanzi Yachts for a modest management fee. In this way each owner pays
only a twelfth of the cost of purchasing the vessel and maintaining it
in pristine condition, whilst being able to enjoy more than average use
time of his yacht."
All expenses required to maintain
and keep the yacht is often estimated by the company and split between
the owners. If the yacht is maintained properly it often resells for
premium value - which might even be higher than the original purchase
price. Thus returning value to the owners. In some countries a loss from
the sale of a fractional yacht ownership might qualify as a tax
deduction.
Fractional Yacht
Ownership Benefits
- You are free from most of the
hassles of ownership. The company will take care of all the
maintenance, insurance, moorage etc.
- Fractional yacht ownership is
economical. You pay only for your portion of the expenses of
ownership. In most cases this is 10-12%.
- You get to travel to some of the
most beautiful corners of the world.
- You have ownership.
- You have 4-5 weeks of use of the
yacht - probably at less net cost that if you own it outright
considering the cost of keeping a yacht for a year and only use it for
4 weeks.
Fractional ownership
is defined as owning a percent (%) of a yacht.
With a
fractional yacht ownership you can
experience the total joy of yacht ownership
while minimizing your investment and eliminating the hassles of managing
a major asset that lies idle most of the year.
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Fractional Yacht Ownership
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Sources: Wikipedia, Company press releases and
other public or permitted material.
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