With fractional boat ownership, you typically purchase ⅛ of the boat and the other buyers in the yacht syndication group will also purchase ⅛ each.
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In recent years, there has been a surge in people choosing to join yacht share networks, or fractional yacht ownership models, as opposed to purchasing a yacht outright. Fractional yacht ownership is a means of owning a vessel at a much lower cost - and is possible due to the sharing of this cost with one or more other yacht owners.
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