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• February 17, 2024

Fractional Yacht Ownership: Everything You Need to Know

Thinking about getting into yachting but worried about the cost and hassle? There’s an option you might not have considered: fractional yacht ownership. This guide will explain what it is, how it works, and why it could be a great choice for you.

What is Fractional Yacht Ownership?

Fractional yacht ownership means you share the cost and access to a yacht with other people. Instead of buying a whole yacht by yourself (which can be pretty expensive and a lot to look after), you own a part of it. It’s like owning a slice of the pie. You get to enjoy the yacht for certain times of the year without dealing with all the headaches of full ownership.

• Saves Money : Sharing the costs means you spend less money but still get the luxury experience.
• Less Work for You : There’s a company that takes care of maintenance and everything else. You just show up and enjoy.
• More Options : You’re not stuck with one yacht or place. You can try different yachts and locations over time.

How Does It Work?

Fractional yacht ownership isn’t complicated. Here’s a quick rundown of how most people do it.

Choosing a Program

There are lots of different options out there, so you’ll want to find one that fits what you’re looking for in terms of yacht type, location, and how often you’d like to use it.

The Agreement

You and the other owners sign a contract that spells out everything important, like who gets the yacht when and who pays for what. This helps keep everyone on the same page.

Time to Sail

You book your time on the yacht based on the system the managing company sets up. It’s designed to be fair so everyone gets their turn without any fuss.

Why Consider Fractional Yacht Ownership?

Here are some of the big reasons people like fractional yacht ownership:

• It’s Affordable : You get the luxury yacht experience without the full cost.
• It’s Easy : The managing company handles the hard stuff. You enjoy the sail.
• You Have Choices : Try different yachts and visit different places without being tied down.
• Meet New People : You’ll be part of a community of yacht owners. Great for networking and making friends.

Is It Right for You?

If you love the idea of sailing on a yacht but don’t want to deal with all the expenses and hassle, fractional ownership could be perfect. It’s all about whether you want the perks of yacht life without the full commitment of owning one outright.

• Ideal for people who want to sail part-time.
• Great if you love trying new experiences and locations.

In the end, if getting onto the water in a hassle-free, cost-effective way sounds good to you, it might be worth looking into more. And if you’re looking for a trusted partner in your yacht ownership journey, Fly Yachts is here to help. We know the ins and outs of fractional ownership and can guide you through the process, making sure you find the right fit for your sailing dreams.

Fly Yachts offers everything for those interested in yachts, from buying and selling to planning a yacht trip. If you’re looking to buy a yacht, theirs  Yachts for Sale  page lists numerous luxury options. For custom yacht enthusiasts, the  Build a Yacht  page details how you can create your dream yacht. Sellers will find the  Sell Your Yacht  page helpful for navigating the sales process. For those dreaming of a yacht vacation, check out yacht rental choices on the  Yachts Charter  page and discover beautiful travel spots on the  Charter Destinations  page. Learn about Fly Yachts’ experience and services by visiting the  About Us  page. The  Compass Articles  page is great for reading up on yachting topics. Aviation fans might be interested in the luxury  Aircraft for Sale . For the latest yachting updates, swing by the  Gulfstream News  page. To get in touch or for more inquiries, the  Contact  page has all the details, or you can simply dive into their  Homepage  to see all that Fly Yachts has to offer.

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Yacht Fractional Ownership

Acquiring a yacht is one of the most special investments one can make. Yachts unlock dreams made of holidays in exclusive creeks worldwide, distant from the hustle and bustle of crowded resorts and close to secluded and exclusive beaches and rivieras. Yachts are also a tool to signify one’s social position. Notwithstanding this, like any other investment, it requires careful planning to minimise inefficiencies and consequently reduce costs. Contrary to other assets, such as immovables, whose value increases with time, yachts tend to depreciate quickly and are subject to high maintenance costs. For this reason, yacht owners aim to mitigate this financial burden. To mitigate such risks and offset, even partially, the investment made, owners tend to opt for mixed-use of the yacht by chartering her to third parties. Although this is a possible solution, there are also some negative aspects connected with yacht chartering:

• Impossibility of using her during peak season
• Use of yacht by third parties who might not treat her as their own to the detriment of her value
• Yachts would generally need to be stationed in the same part of the world to minimise relocation costs
• Engagement of third-party advisors and fiscal representatives to assist with VAT and other related tax compliance matters
• Increase in insurance costs related to the commercial use of yachts
• Increase maintenance and refit costs to ensure the yacht could be registered as commercial and be compliant with the commercial yacht code

Chartering, however, is not the only option to recover costs related to acquiring the yacht. In fact, over the last few years, fractional ownership has proven to be a valid alternative to chartering.

How does fractional ownership work?

Yacht fractional owners own a share or portion of a yacht jointly with other persons who can use the same depending on the terms and conditions of the ownership agreement between all parties. Contrary to a time-sharing arrangement, which grants a right of use only for a limited period, fractional ownership gives a title of ownership (although in common with other persons) and a return of price in case of sale to third parties.  Fractional owners could either acquire a share in the yacht directly or indirectly through the setting up, together with other persons, of a company that will be the yacht’s registered owner. The latter option could provide direct and indirect tax efficiencies if adequately structured. Fractional ownership allows owners to use the yacht for a maximum period, which generally varies between 3 and 6 weeks. Fractional owners are also entitled to charter or sub-lease the yacht to third parties during the period assigned to them or sell their share should they not be interested in the continued enjoyment of the asset. Maltese law also allows the possibility of setting up shipping cell companies where the patrimony of each cell is separate and distinct from other cells, thus giving the shareholder an additional layer of protection and flexibility in structuring their ownership as the fractional right would be assigned to the cell.

Who should opt for fractional ownership?

People who know from the outset they will only be using the yacht for a few weeks a year and want to avoid dealing with third-party operators such brokers, marina agents, seafarers, and tax advisors would do well to consider opting for a  fractional ownership arrangement. These functions would be delegated to a yacht manager by paying a yacht management fee. Such a manager would be in charge of dealing with third parties concerning all of the above matters.

Fractional ownership is a formal arrangement meant to regulate the fractional use of yachts amongst more people by giving certainty on the rules to be adopted and avoided or at least reducing conflicts with service providers and between the fractional owners.

How is the amount of time used decided?

This depends on and is usually proportionate to, the investment made in the yacht.

What are the benefits of fractional ownership?

• Financial: one significantly saves the total purchase price by acquiring a portion of the yacht.
• Saving Time: time spent coordinating the yacht’s management, maintenance, crew employment-related matters, berthing, insurance, and fiscal issues, amongst others.
• It is easier to dispose of the interest in the asset.
• Possibility to change yachts should the fractional owner not be interested in that model. Some fractional ownership organisations even maintain fleets based in different geographical locations.

What are the disadvantages of fractional ownership?

• Sharing the yacht with other people, the impossibility to personalise the yacht and choose particular crew members.
• Use of the yacht is possible during specific periods only and restricted to particular geographical locations. Suppose the yacht is always based in the Mediterranean. In that case, a user cannot decide unilaterally to move her to the Caribbean to return to the Med region again unless most owners (based on a contract of use) choose otherwise.
• The yacht might be unavailable during certain parts of the year if already booked by other fractional owners or under maintenance.

What are the VAT implications, if any, for fractional ownership?

Regarding the EU VAT legislation, supplies of goods or of services made by a taxable person acting as such in return for consideration within the territory of a Member State are subject to VAT unless specifically exempted. As such, transactions that cumulatively meet these conditions are said to fall within the scope of EU VAT, whilst transactions that fail to meet any of the requirements are classified as falling outside the scope of EU VAT, which is to be disregarded for VAT purposes. A transaction deemed to fall within the scope of VAT has then to be methodically analysed to determine its correct VAT treatment, most significant, where it is to be taxed, whether an exemption applies and if not, who would be the person liable to pay the VAT to the tax authority. It is in the background of these concepts, that the numerous transactions contained in fractional ownership, from ownership to management, need to be assessed to establish the appropriate VAT treatment and resulting implications.

As a point of departure, ownership, per se, even if partial and undivided, does not render the owner a taxable person for VAT purposes unless he carries out an economic activity. In the fractional ownership set-up, the owners would not be carrying out an economic activity since each would be using the asset (the yacht) privately. Selling a fractional share would likewise fall outside the scope of EU VAT since the seller (the fractional owner) is not a taxable person for VAT purposes in that he is not in the business of selling or trading in shares in yacht ownership, that is, not carrying out an economic activity. The yacht’s purchase, management fees, operational and maintenance services necessary for the functionality and upkeep of the yacht all appear to be supplies of services subject to VAT. As a rule, the VAT incurred by the management company will be deductible to the extent that it is attributable to its taxable supplies, namely the management fees and recharges claimed from the owners in proportion to their fractional share. The owners, however, have no right of deduction, and the VAT incurred should constitute an irrecoverable cost. Given that in the fractional ownership model, expenses are shared; the VAT cost would thus be less burdensome when compared to full ownership of a yacht.

How do you understand if fractional ownership is the right solution for you?

Fractional owners need to understand if they want the yacht exclusively for themselves or not and whether they are willing to share it with strangers and be able to use it only for specific parts of the year.

On the other hand, all those aspects concerning her maintenance would be delegated to third parties, thus rendering matters easier for the end user. Lastly, fractional ownership would permit the benefit of a yacht at a reduced price, and if one uses a yacht for a few weeks a year, savings would be much higher than the ones made under a charter option.

Charles Vella

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Fractional Yacht Ownership : Everything you Need to Know

Fractional yacht ownership is one of the way to own a yacht that might suit your needs.

For most people, owning a luxury yacht means the freedom to move whenever and wherever they want with maximum comfort. However, it is rare to be able to use it 100% of the time. There are options to counteract the time the boat is not is used, and one of the most profitable and comfortable is fractional ownership.

Shared yacht ownership may be for you. But do you know exactly what it means and entails?

Let’s review the pros and cons of this ownership method to assess whether this can suit you, or whether you should continue chartering yachts or owning one fully .

What is fractional yacht ownership?

Fractional boat ownership is exactly what it sounds like. It allows you to own a part of a yacht for usage time on board. You legally own a piece of it as an asset, and like a company share or a bond, you can sell or transfer it. 

People have been sharing boats through informal partnerships with friends or family members for eons. Fractional boat ownership is simply a formalization of these arrangements which offers you more legal protection in case of conflicts. 

Each owner pays an equity stake in the vessel depending on what percentage of the purchase they want. 

In return, each owner is allotted a set number of days they are allowed to use the boat each year proportionally to their investment. 

On top of the share, the owners have to pay an annual maintenance fee to the management company taking care of managing the calendar, crew, and maintenance of the boat throughout the year.

Fractional boat ownership is different from a time-share which only gives you the rights of property used for a certain amount of time. Once your time is over, your investment also is.

To help you to decide if fractional yacht ownership is right for you, here are the pros and cons you might consider.

The Pros of fractional yacht ownership

By sharing the purchase price, but also the operating and maintenance costs between the owners, fractional boat ownership lightens your investment considerably, allowing you to make serious savings. Financially, but not only.

Fractional boat ownership will also help you to save time on managing different aspects. Indeed, the management company will take care of it – from hiring a crew to coordinating maintenance, to managing the calendar among all owners, to deal with marinas. If you don’t use the yacht, the management company will help you to charter it.

When you use your time aboard, you are free to invite anyone you want. This kind of program is often located in an area, but with the majority of other owner’s agreements, you can cruise the boat in new locations.

If you no longer wish to own a fraction of the yacht, most fractional ownership agreements allow you to easily sell your fractional shares to someone else. Since this kind of program keeps the yachts well-maintained, the value of your share will not devalue so quickly and you’ll be able to more easily change boats than with full ownership.

Furthermore, some fractional ownership organizations maintain fleets that allow you to use a different yacht, enjoy another location, or make up for time lost because of weather or maintenance issues. 

The Cons of fractional yacht ownership

The main drawback of fractional yacht ownership is obviously that you have to share your boat with other owners

Some downsides include that even if you own a part of the yacht, you can’t do whatever you want with it. For example, You can’t personalize a fractionally owned yacht. In fact, you probably won’t have a say on the outfitting or the decoration at all.

You don’t have a lot of flexibility either to use your yacht whenever you want. The yacht isn’t at your disposal all the time and itineraries are planned in a way that you choose your slot in advance. Your last-minute getaways are therefore compromised. 

It also means that the boat might not be available for the particular dates you would like to use it. Read properly the agreement, as some of them allow first come – first served during the unscheduled time if no maintenance is required.

When it comes to moving the yacht, most of the owners have to agree on the destination, so you can be stuck with one area, which can be an issue if you are planning on moving a lot. To relocate your yacht for an extended period of time, you will usually need every owner’s approval. 

On the other hand, most owners may decide to move the boat to an area you don’t particularly like. If you were to charter a boat, you would simply pay a moving fee, but in this case, you are stuck!

Depending on the contract, it is possible that if the majority of the owners want to sell the ship, it can get sold out from under you. So read it carefully!

In fact, the main disadvantage of fractional yacht ownership lies in its name: you only own a portion of the yacht, which means you are not in full control of your property.

Is Fractional yacht ownership for you?

To know  if fractional boat ownership is for you or not, answer these different questions:

• Is it important for you to be in total control of your yacht?
• Do you have time and funds to deal with your yacht’s maintenance costs?
• Are you planning to sail in one area or to explore the world?
• Is having a customized yacht important to you?
• Are you flexible on dates?

Depending on your answers, fractional yacht ownership can be, or not a good option for you.  If you want to save on costs, if you are likely to use it several times throughout the year in one particular region, if you know which boat you want or if you want to invest in a yacht to charter it, then go for shared boat ownership.

For people who don’t want to deal with the hassles of single-ownership, it is also a solution to consider.

On the other hand, people who like changes, whether it’s to try out numerous yachts or to change regions often, are better off sticking with yacht chartering.

For those who don’t want to share and can’t stand the idea of being a co-owner, buying your boat is likely your best option if you can afford it. 

Keep in mind that most fractional yacht ownership programs concern large yachts, like superyachts and mega yachts which require crew. If you enjoy captaining your boat and your friends and family enjoy being the crew, you may lose that aspect of yachting in some way.

The costs of Fractional yacht ownership

You pay your share at the beginning to purchase your portion of the yacht. 

There are no traditional yacht ownership expenses in fractional ownership programs like dockage, moorings, insurance, or boat maintenance costs. But depending on the program you go for, either you will have to pay a certain amount every year to the management company or it will be covered by the charter revenues or a mix of both.

As an example, for a 63-foot yacht with four cabins, some programs offer the cost of the eighth share in the Mediterranean around $180,000 with annual costs for maintenance, crew, insurance, and anchorage around $24,000. Owners will be able to use the boat 4 weeks a year. Another management company offers a California program from $300,000 to $735,000 plus operating costs for quarter shares of vessels ranging from 52 to 82 feet. At this price, the four owners will each be able to use the boat 72 days a year.

The main regions in the world for fractional yacht ownership

Fractional yacht ownership can be done everywhere. 

Popular destinations include Europe, in particular, the Mediterranean and the Caribbean, especially the Bahamas.

Among the main regions in the US for fractional boat ownership, you have Miami and Fort Lauderdale, but also Cape Cod and Nantucket.

Some programs also offer Asian destinations mostly in Hong Kong, Thailand, and the rest of South-East Asia.

Read also : Sustainable Yachting: How is the Boat Industry Becoming more Eco-Friendly?

About to buy a yacht?

Were you thinking about Fractional Yacht Ownership? Our professionals will be happy to help you in your endeavors.

Fractional yacht ownership means that you legally own a portion of a yacht, along with co-owners. Therefore you are entitled to use the yacht based on your ownership agreement and must share revenues and costs with other owners.

It depends on your desires and your personality. If you like changes, try out a different yacht model every year and change frequently of destination, then go for yacht chartering. If, on the contrary, you have a crush on a yacht, want to start owning it at a lower cost, and avoid the management requirements, fractional boat ownership is ideal. Unlike chartering, fractional ownership means you can invite as many guests as deemed safe and as long as you have proper safety equipment on board.

The costs include the purchase price of your ownership share and yearly exploitation and maintenance fees to pay to your management company.

Hard to tell. This depends on your availability if you have time or not to take care of your boat, and your budget. If you don’t want to worry about the management aspects and only have a small budget to invest, go for fractional ownership. If you want to have perfect freedom, use your boat anytime and wherever you want, go for full ownership.

Yes, you can. As long as the share belongs to you, you can sell it whenever you want as long as the agreement doesn’t stipulate anything against it. Be aware that the other owners can also do so.

The most popular regions for fractional ownership are the Mediterranean and the Caribbean. But also, the US and some Asian areas.

You can buy a fraction, or a share, of a yacht. You will be the co-owner, or the fractional owner of the yacht and its cost will be spread among all owners.

Yes, fractional ownership and yacht sharing or even co-ownership are all synonyms. You still become the co-owner of a yacht regardless of how you decide to call it.

A yacht sharing program allows you to co-own a yacht, so that you spread its maintenance cost among all owners. It is also known as fractional ownership or co-ownership programs.

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About Yacht Sharing

Yacht sharing also known as Fractional Yacht Ownership is fast becoming recognised as the smartest way both financially and psychologically to own a yacht.  The majority of people wishing to share a yacht are interested in an easily managed family cruiser at a realistic budget with shared running costs.

This type of ownership should not be confused with “Time share”. The yachts we sell are jointly owned by the various owners, and managed by the owners without any outside interference from a management company, as you get with time-share.

The advantages of yacht sharing …..

• Larger and/or newer boats for a relatively low investment.
• Allows smaller budget purchasers to get afloat.
• Makes the ever rising costs of moorings and marinas affordable.
• Prevents the boat being under-utilised.
• Can allow the ownership of a variety of boats in different areas.
• More extensive cruising with between-holiday changeovers at remote locations.
• New capital equipment purchases for the boat become affordable allowing better equipment and often a safer boat.
• Can allow professional maintenance to be used at a price which is comfortable, allowing the busier owner more freedom.
• Removes owners “guilt” – all those boats in their marina berths just bobbing around.
• Shared experiences with other owners.

Many share owners find that they sail more when they own a share than when they own the whole boat, as the sailing weeks are allocated.

Yacht Shares can be a variety of sizes, but are typically quarters, thirds or halves in the UK, and quarters or fifths overseas. Sailing weeks are allocated on share size, and length of the season. Typically in Greece the season is 26 weeks, whereas in Spain it’s potentially all year-round.

If the share agreement is correctly drawn up there should not be a problem in having unequal shares.

New Share Group – In the case of both the formation of a new group, and the first division of a yacht, we will supply a share agreement and will work with the existing and new owners to adapt this to a useful document for their group.

The success of a group largely depends upon the compatibility of the various owners, and their mutual respect for each other, and the care of the boat. It is not important to be best of friends – good business colleagues is the best type of relationship.

Wherever possible we try to group owners who have differing time requirements for the boat and who have similar desires from the boat. We do not usually involve ourselves in racing syndicates as we have no experience of the demands and costs associated with serious racing. We would not usually recommend joint ownership with a mix of serious racing and non-racing owners.

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Yacht Share Legal Documentation

The core of fractional ownership is the syndicate agreement that all the owners sign up to and abide by.

The Fractional Association’s shared yachts’ operational management programme has evolved over many years, and their syndicate agreement has been updated and amended over those years to remain relevant and to always run in tandem with evolving operational experiences derived from the ever growing numbers of yachts syndicates and new fractional owners around the world.

The objective of the agreement is to outline the expectations and provide a robust but ‘plain English’ understanding for all parties. It should be read in conjunction with the Fractional Association’s Code of Conduct which underpins the Syndicate Agreement.

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Co-ownership / fractional yacht ownership in Greece - how to deal with the Transit Log

• Thread starter Krimart
• Start date 18 Jul 2022
• 18 Jul 2022

We have a co-owned non-EU yacht in Greece. We are six owners and each owner take turns cruising, typically 2-3 weeks and the entire crew (including the skipper) is replaced at each crew-change. With the new regulations on the Transit Log this have caused some problems since the owner who was skipper when the TL was issued is no longer on board when the next crew comes to a port and are showing the TL to Port Police. Any hints on how to solve this? A log of crew changes is OK by us but how about the change of skipper?  

• 19 Jul 2022

tudorsailor

Well-known member.

Best source of advice on all things Transit Log in Greece is from the Cruising Association. Well worth joining to get this. YOu will get the membership fee back in savings and discounts CA (theca.org.uk) TS  

• 22 Jul 2022

Thanks for the reply, it seems we can get by with the co-ownership, but need to update the Transitlog at each crew change with new skipper etc. This has to be done at a customs office, so we need to go there first and then to Port Police for them to stamp the TL. We also need to keep a log on everyone embarking and disembarking ... Additionally important to note is the need to go to PP for a stamp in the TL in each port...  

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FRACTIONAL YACHT / SHARED CATAMARAN OWNERSHIP

Please notify me of the next available boat for the Fractional Yacht Ownership Program

Ownership Redefined For The Sharing Community: Sharing Is The New Owning!

Our current ideal of owning as much “stuff” as we can and of over consumption is being replaced with a new ideal of shared use and ownership. It gives people access to a lifestyle that they otherwise might not be able to afford, and it reduces waste. Imagine owning and sailing your own luxury catamaran for less than 20% of what conventional yacht ownership or bareboat charter would usually cost you! Not only does it save you money but it eliminates the waste of an asset sitting idle for months, collecting dust AND problems. 

That is exactly what this program is designed to do! Fractional or Shared Yacht Ownership gives you the opportunity to enjoy the benefits of yacht ownership for a fraction of the cost of conventional ownership or even charter! Shared yacht ownership is exactly what it sounds like—you buy a share or fraction of a yacht. It is not a timeshare where you only purchase the rights of usage for a certain amount of time and end up with nothing when the term expires. With shared ownership you legally own the fraction of the asset and hold the title to the yacht.

It holds the answer to hassle-free and financially smart boat ownership. It’s a simple concept— up to five co-owners can enjoy the benefits of owning a yacht while splitting the cost of the vessel and its management. It is the simplest way to realize your sailing dreams sooner than you otherwise could and with the least hassle. You can use the yacht as you like and your preferred holidays are always available for you.

Shared Catamaran Ownership is Appealing But…

People have been forming partnerships to co-own expensive assets for a long time, but until now they have had to figure out the logistics themselves. The benefits of shared ownership are very appealing, but it’s been too cumbersome for most to set up. Finding the right partners, setting up partnerships, and managing the logistics of owning a shared asset can be time consuming and difficult. We have created a program that makes the entire process easier and makes shared ownership available to everyone.

Fractional / Shared Yacht Ownership Structure

Number of owners.

Up to five owners each buys a share in a luxury yacht at a fraction of the cost. Unlike timeshare programs where you do not own the yacht and end up with nothing at the end, this program ensures that you have an equity stake in the yacht and hold title of the vessel. We limit the shares to only five owners per boat or less. That way all owners are guaranteed to get equal time. Because owners of fractional shares involve direct ownership, each user has greater control over how the boat is used and maintained and where it is located.

Duration Of The Program

Duration of the program is 7 years. The boat will be sold at the end of the program. Upon the sale of the asset, the owners recover a percentage of their initial cost and will be proportionally refunded from the net proceeds. The owner is free to sell their ownership interest at any time. Since fractional yachts are well maintained and serviced, the value of each owner’s share may not devalue as rapidly as an average yacht’s value.

Owner Weeks & Cost Per Share

Partners own 20% of the boat in an LLC, boat is financed, and chartered through a charter company based in the British Virgin Islands or Bahamas. Partners get to use it two weeks a year plus anytime it’s not booked within 30 days out for a total of 10-15 weeks for the duration of the program.  Each week retails for $12K which is waived. Partners only pay cleaning and insurance and variable weekly costs.

Fractional Yacht Owner Use

Owner use is shared equally between the owners according to the number of members. Owner access is allocated fairly to ensure that all owners can optimize the use of the yacht and that all the owners get quality time on the yacht to meet their needs or desires.

• Owner Use Reservations: Owners will reserve time on a reservation system on first come basis (Member A, Member B etc.) with limitations. Dates are decided upon via an equal reservation system well in advance. The first co-owner who signs up becomes “A” in the rotation, the second person “B,” and so on during the first year. The next year, the co-owner who was “A” and had first choice becomes “E”
• Owner Use Limitations: It is envisaged that the maximum continuous owner use will be two weeks per year per owner
• Owner Competency: A competency check will be done with each owner after which owners will operate the vessel as their private yacht. No captain or further supervision will be required once competency is established (training is available should the owner wish to improve skills). If owners wish to hire captains for their use, they may do so at their own cost.
• Reciprocal Use: The plan is to develop co-ownership bases in other locations that will create a reciprocal owner use option. Potential locations currently being investigated –Bahamas (Marsh Harbor), Puerto Rico, Annapolis, USVI (St Thomas). To start, the only location will be Fort Lauderdale, which has easy access to the Bahamas and the Florida Keys cruising grounds.

Operating Costs Are Covered By Charter Revenue

The annual operating costs such as insurance, dockage, annual haul out and scheduled maintenance will be offset by income from chartering the yacht. With traditional yacht ownership, the owner spends around 10 percent of the total value of the yacht annually but with our model based on seven years, one can save up to 90 percent of the cost of traditional yacht ownership. That is a huge advantage for the owners of a fractional yacht.

Fractional Yacht Models

The latest catamaran models from the world’s top manufacturers like Lagoon, Fountaine Pajot, Nautitech and Bali are available for these programs, fully equipped with air-conditioning, generator, full electronics, dingy, outboard and sun awnings. 

Fractional Yacht Management & Maintenance

The vessel will be professionally managed and maintained by a management company to ensure that you enjoy your use of the boat with minimum hassle – boats are maintained in turn key condition and ready for you to step aboard.

Fractional Yacht Shares Figures: Cost Of Yacht Share Ownership

We have made up a sample of cost per share using a 46ft catamaran plus full financials. Please contact us for more details.

Catamaran Guru Making Fractional Yacht Ownership Work!

Some of the early fractional yacht business models were guilty of taking advantage of the shareholders, and plenty have failed along the way. They would take a boat with a market price of say $2 million and divide it into 10 shares of $400,000, thereby doubling their investment by selling it for a total of $4 million. The Management / brokerage companies were trying to make a killing on one boat. It did not sit well with many potential buyers. Savvy boat owners might be willing to pay a small premium, but they’re not willing to get taken to the cleaners. 

Catamaran Guru’s innovative fractional shared yacht ownership programs provide you with a financially savvy solution to yacht ownership that is ideal for your active lifestyle. You can experience all the benefits of yacht ownership without the hassles of staffing, maintaining, or servicing your yacht.

Contact us for full details today!  OR Call: 804.815.5054

We're Ready, Let's Talk.

Estelle Cockcroft

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9 thoughts on “FRACTIONAL YACHT / SHARED CATAMARAN OWNERSHIP”

Hi could you add my name for the next available round of fractional ownership.

Many thanks in advance

Matt we have you on the list!

Will do! It looks like we will have another Bali 4.6 available in the coming weeks.

We lost our Leopard catamaran in Hurricane Irma and have been looking to buy again.

We are interested in fractional ownership. Can you let me know if this is currently available?

Hi there My wife and I are in Australia We are just about to buy our second vessel We are trying to decide on buying into a syndicate of private owners for private use or whether to buy into a charter program in the Whitsundays and attach a business loan to it including our deposit Wondering if you guys may have something that would suit our needs Ideally We would be looking at a cat around 45 foot in length with preferably four cabins

Craig, my apologies for the late reply! Your comment got buried in the hundreds of comments we’ve received lately. We would be happy to have a chat with you and see what might work for you. We can chat online or by phone or alternately email us your questions and I will reply asap. [email protected]

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Fractional Ownership of Luxurious Yachts

Own a luxurious private yacht, at a fraction of the cost, right-size your ownership.

If you only have time to enjoy your yacht part of the year, then why own it the whole year? Right-sizing your ownership to the portion you want to use dramatically reduces your purchase price, enables you to buy into a much bigger and more luxurious yacht, and eliminates wasted capital.

We have 1/4, 1/6 and 1/8th fractional ownership options available on magnificent yachts of varying sizes. You decide how much you want to own.

Only pay a down-payment

We offer financing of up to 80% of your share. Combine this with right-sized ownership and your purchase price could be as little as 2 ½ percent of the yacht’s value. Imagine the kind of yacht you suddenly can afford…

A ten million dollar yacht can be had for just a quarter million, and a million dollar yacht for just twenty-five thousand, while enjoying weeks on end at enchanting destinations.

Never pay anything else

Owning a yacht is expensive. Crew salaries, maintenance and mooring, insurance and repairs, it all adds up.

But yachts can be profitable too. By renting out your yacht—chartering as it’s called—you can generate a generous income. In fact, we make chartering your yacht so profitable it usually pays for all expenses, often even your loan payments. So other than your down-payment in most instances, you’ll never pay anything else to own your very own luxury yacht.

20% DOWN ON 1/8 OWNERSHIP = 2.5% OF THE YACHT'S VALUE AN $8M YACHT @ 2.5% = $200K A $1M YACHT @ 2.5% = $25K

In most instances your only expense is the down-payment all other expenses, including loan payments, are typically paid for by the charter revenue big yachts suddenly become very affordable, featured yachts.

Browse our selection of wow-worthy yachts in the most desirable destinations

MEDITERRANEAN IN SUMMER & CARIBBEAN IN WINTER

  2 shares left  , 2018 sunreef 60, 60ft | 4 staterooms | 3 crew.

Sunreef manufactures the most luxurious of sailing and motor catamarans, and this Sunreef 60 is no exception.

With four state rooms plus crew quarters for three, expect to set sail with the whole family in ultimate luxury. Your captain, chef and bosun are ready to welcome you onboard. 

$75,000 • 1/6 OWNERSHIP • INCLUDES 3 WKS ONBOARD PER YEAR

2016 leopard 58, 58ft | 4 staterooms | 2 crew.

Welcome aboard the tremendously spacious Leopard 58 sailing catamaran. She offers more living space than any other catamaran her size. Perfect for an extended adventure with friends and family.

$55,000 • 1/4 OWNERSHIP • INCLUDES 4 WKS ONBOARD PER YEAR

Sold - 2017 lagoon 620, 62ft | 4 staterooms | 2 crew.

This extravagant Lagoon 620 sailing catamaran has been fully optioned, plus custom additions such as underwater lighting and a tender lift.

Detailed with soft finishes throughout, she is one of a kind.

$55,000 • 1/6 OWNERSHIP • INCLUDES 3 WKS ONBOARD PER YEAR

Sold 2018 lagoon 560.

This very spacious Lagoon 560 sailing catamaran has been fully optioned, plus custom additions such as underwater lighting and a tender lift.

Finished in a beautiful dark wood, she oozes luxury.

$55,000 • 1/5 OWNERSHIP • INCLUDES 4 WKS ONBOARD PER YEAR

2024 sunreef 80, 80ft | 4 staterooms | 3 crew.

Sunreef manufactures the most luxurious of sailing and motor catamarans, and this Sunreef 80 is the most opulent yet.

With four state rooms including a massive master, plus crew quarters for three, expect to set sail with the whole family in ultimate luxury. Your captain, chef and bosun are ready to welcome you onboard.

$250,000 • 1/6 OWNERSHIP • INCLUDES 3 WKS ONBOARD PER YEAR

  sold  , 2019 sunreef 60, 60ft | 5 staterooms | 3 crew.

With five state rooms plus crew quarters for three, expect to set sail with the whole family in ultimate luxury. Your captain, chef and bosun are ready to welcome you onboard.

$85,000 • 1/6 OWNERSHIP • INCLUDES 3 WKS ONBOARD PER YEAR

You are buying a real asset. Your yacht gets titled to its own single-asset LLC, which you own, along with any other fractional owners. This means your investment is backed by a real asset, you can benefit from tax write-offs, and at the end of the management term when the yacht is sold, the proceeds are distributed to its owners.

We manage it

You own the yacht, not the headache. We take care of everything, from financing and insurance to crew training and trip planning. When you hear from us, it will be your concierge requesting your food and drink preferences to set the menu for your next trip.

Cheers to you, for buying a yacht the smart way.

Positively cash-flow positive

Owning the yacht without owning the expenses is only possible because of the income we generate on your behalf to pay for everything. Now…

Imagine you bought the whole yacht instead of a fraction, and yet you still only spend a few weeks a year on your private yacht. This opens up much more time to charter the yacht, making the revenue not only pay for all expenses, it becomes a cash-flowing asset.

Depending on the yacht, the cash-on-cash return can be as high as 70% annually.

Owners say it best

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NEW SALES FRACTIONAL OWNERSHIP BROKERAGE

New yacht sales & custom orders, san diego | newport beach | los angeles | portland | seattle | vancouver | fort lauderdale | croatia.

SeaNet is your new yacht dealer for premium, luxury brands like Benetti, Absolute, Solaris Power, and Bering. With over 20 years in business, our team of experienced sales professionals have delivered over 75+ luxury yachts to happy new owners. From flybridge yachts, to express cruisers, to long distance cruisers, to superyachts, our collection of brands perfectly complements each other to offer you the right vessel for your boating plans.

Fractional Yacht Ownership & Yacht Share

The unique and rewarding experience of luxury boating is within reach through SeaNet’s five-star Yacht Share services. Our fractional yacht ownership program allows you to enjoy the freedom and comfort of a multi-million dollar luxury yacht, without the hassles and expenses that come with owning it.

By co-owning and sharing the cost of the yacht, the luxury lifestyle you’ve dreamed of is within your grasp at a fraction of the price. From formally entertaining guests, to cruising the coastline with friends, the memories made on board your private yacht are irreplaceable.

Your turnkey yacht ownership experience is entirely managed by our expert concierge team. We handle all facets of the management end of your yacht ownership including insurance, dockage, maintenance, cleaning, handling crew, and eliminate any other potential headaches that would disrupt your time on the water. You are free to sell your share of the yacht at any time.

         Leader in Fractional Ownership Since 2003

Sell your yacht with seanet, professional yacht brokerage services or sell your yacht into fractional ownership.

Whether choosing to sell your yacht through our professional brokerage services, or you wish to place your current boat into a fractional ownership program, SeaNet has the expertise, network, and marketing Our brokers are professional, diligent and driven when it comes to making that new step in your boating lifestyle. Our in-house marketing time supports our brokers’ efforts by selling your vessel using top digital marketing and advertising tools.

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