| |
Fractional Ownership
Get twice the Yacht at a Fraction of the cost...
We see Fractional Ownership all the time when talking about real estate, 'own a piece of paradise at a Beach front home somewhere in Caribbean!'. This sounds appealing but there are advantages to the Fractional Boating or Yacht Sharing that will make you think twice before cutting the check and making that commitment on that stationary piece of real estate. Yachting-n-Boating.com wants to shed some light on the fractional 'boom' in the marine industry that many still do not fully understand and why this is the way to go!
Why Fractional...
Owning a portion of a Yacht, because of there size and price tag, makes it easier to get into then outright ownership. Regular Boats are generally more affordable so fractional programs are rarely practiced. So now you understand that in order to get yourself into a Mega-Yachts (or just a Yacht is good enough) buying a piece is a lot less expensive then buying the whole thing! It's a fact that a Boat or Yacht Owner uses their vessel on an average of only 3-weeks out of the year! So do you really need that Yacht sitting at the dock for the other 49-weeks collecting barnacles? Get the benefits of outright ownership, but at only about the 1/12 of the cost. Owning versus Fractional...
Owning a Yacht is awesome. It's your floating Water front paradise, your home away from home. You must be proud to have done something right along the way in your life to afford such a vessel (we are still waiting for the invite?!), congratulations. OK for those, like us, who didn't travel quite down that same path but have the desire to be a Yacht Owner then fractional ownership can make it happen. Beside statistics prove that we only use the Yacht 3-weeks out of the year, so why so much fiberglass for 21-days? Imagine cruising on a $2 million dollar Yacht for only $200,000. Here are some other advantages to fractional:- Yacht Management Company...
will handle the day-to-day operation of the Yacht which includes upkeep, maintenance, storage, owner reservations, crews, insurance, etc... You get more Yacht for your Money...so for $200,000 piece of a Yacht your cruising in a $2 million dollar vessel with at least 4 to 6 week use.Make your $200,000 back...when you ready to sell your fraction and upgrade to a larger Yacht. This is difficult to accomplish owning.Enjoy the Good Life...don't work at Yacht Ownership, let it work for you. Don't go it alone when you can reduce your costs and get better quality, new Yacht. You see it every day from timeshare resorts to fractional private jets, so of course the marine Yacht industry is taking notice and is joining the fractional world. Timeshare Real Estate versus Fractional Yacht...
comparing these two sounds strange right?! Not really if you think about it why limit yourself to just one location when you can see the other 70% of Planet Earth! Timeshare has limited number of preferred weeks whereas the mobility of a Yacht allows all fractional owners to enjoy optimal weeks aboard. From Maine and Cape Cod in the summer, to the Bahamas and the Caribbean in the winter, owners never have to settle for an off-season week. They can usually choose a few weeks a year, in three different locations. The bottom line is ...
Fractional Ownership is becoming popular due to two simple facts: One - you only need a fraction of the capital to own the yacht and two - the running costs are shared between the group. The only thing additional is the monthly fee or 'care fund' which goes towards such things as scheduled services, cleaning and Yacht transfer. Variable costs per week include food, drink, dockage and fuel.
|
