If you are new to yacht ownership or you have become accustomed to sole ownership, you might be wondering how co-ownership works. Is it a feasible way of owning a luxury yacht?
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Is shared yacht ownership a good idea? What are the benefits and why is it better than owning a boat outright?
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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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This blog post will help you out by listing some of the most important do’s and don’ts of shared yacht ownership.
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Have you been thinking about buying a yacht? If so, you might be thinking about the benefits of yacht ownership and how owning a yacht can benefit your mental and emotional health. If you are new to boat ownership, you might not know that owning a boat can actually be good for your children.
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Retirement is a time for relaxation, peaceful living and total tranquillity. Hopefully, you should be blessed with financial stability and minimal worry. This would be the perfect time to invest in a yacht if you have the extra cash to do so.
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If you own a yacht, you are amongst the lucky few who have achieved a certain level of financial freedom that allows for luxury purchases such as yachts and private jets.
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If you have recently developed an interest in luxury yachts, you might be curious about the different types of yachts available. When you think of a yacht, you often think of a motor; however, there are different yacht categories.
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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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