When the COVID19 pandemic began in early 2020, the world came to a halt. That was not how anyone expected the anticipated year to unfold. Everyone has been forced to stay indoors for over a year, with most activities severely restricted.
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More people are beginning to join in fractional yacht ownership. It is a type of boat ownership in which you share ownership of a yacht with others.
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Cruising on a boat is a wonderful way for many people to unwind and connect with Mother Nature. If you enjoy being on the sea and want to try it as a hobby or for fun on occasion but can't afford to buy a boat, this article is for you.
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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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We see so many big boats and simply label them as such, ‘big boat’, not being able to tell the difference. Of course, different types of boats and yachts exist, ranging from fishing boats to sailing yachts to sports yachts and motor yachts. The focus of this article, however, is on motor yachts.
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