Either you have just purchased your first fractional boat ownership yacht or, you plan to invest in a yacht share network soon. Either way, there are several factors that you should consider when becoming a yacht co-owner.
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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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Gone are the days when owning a yacht is only for the ultra-rich. When you think of having to borrow from the bank, pay interest and spend about 10% of your initial purchasing cost on maintaining the yacht, you may get discouraged.
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