MIY Yacht Co-Ownership as part of its agreement with our partner manufacturers books new yacht build slots. In this we order new yachts to a specification we know our clients love. This means they are fully ready to go with everything you need to ensure you can sail away on day one: Including everything from knives and forks, to linen and of course ensuring an all-important tender is onboard. Our clients get the opportunity to order their share, and if early enough could be involved in the colour choices, etc.
Order your yacht share on a brand new, to be built, yacht
1.
Choose
Choose your preferred yacht.
2.
Deposit
Pay a deposit fee.
3.
Payments
Make stage payments as per the yachts build schedule.
How It Works
1.
Deposit
Deposit of 25% of the total amount
2.
Phase 1
Completion of mouldings - payment of 35% of total
3.
Phase 2
The fit of flybridge and engines - payment of 35% of total
4.
Sign off
Sign off by MIY Yacht - payment of 35% of total
Subject to timing those in at first order may often be able to have a say in the specification and colour schemes within the yacht.
Example: Pearl 62
Here’s an example of the process of ordering a new Pearl 62* with a cost per share of £20K
Pearl 62
1. Deposit: £50K
2. Phase 1: £70K
3. Phase 2: £70K
4. Complition: £10K
Price is for a standard build yacht, additional features and benefits will increase this cost. Schedule typically known for first purchaser. Shipping to the yachts home port and costs thereon are additional to this. We would typically say add 10% for your share.
The process in more detail
MIY Yacht Factory Build Slot
MIY Yacht takes the agreed factory-build slot and order the yacht – a specification that includes everything our shareowners typically wants – making a ready-made yacht.
How do we allocate time on board?
The MIY online platform coordinates each yacht owner's time onboard using a fair reservation system. Each owner is guaranteed usage during the peak yachting season and can book their holiday onboard up to one year in advance.
Can I bring guests on board?
Absolutely, it's your Yacht to use how you wish! (subject to adherence of the maritime certificate of the Yacht itself)
Where can I take MIY Yacht?
The Yacht will have an assigned mooring position within a harbour, where you go from there is up to you. Some owners use the Yacht as a floating holiday home, while others sail to explore local sights and coves. You can even embark on longer trips, leaving the Yacht in a temporary location for the next owner, if agreed.
