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Fractional Yacht Ownership | Yacht Charter

Some companies offering fractional yacht ownership: Monocle Yachts | Bradford Yachts | Amanzi Yachts

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.

Fractional Yacht Ownership

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.

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

 

Sources: Wikipedia, Company press releases and other public or permitted material.