ADVANTAGES OF YACHT CO-OWNERSHIP

When the average usage of a luxury yacht is between 4-6 weeks per annum, fractional yacht ownership, therefore, makes for a better option compared to sole ownership. Shared yacht ownership lowers not only the purchase cost but also the maintenance costs associated with sole ownership. With consideration to yacht specifications, destinations, and our clients' personal needs and desires, MIY Yacht allows those who wish to become yacht syndication owners to enjoy the unique experience of owning a yacht.  

We also take care of the operational side of yacht ownership for our yacht share owners - including, but not limited to, competent management of the yacht and concierge for your yacht share. Our yacht share network allows you to experience all the benefits of yacht ownership for a fraction of the cost and with less effort.

How It Works

Your Yacht Share

Here are a couple of examples of your investment in your yacht.

Frequently Asked Questions

Fractional ownership: what is it? Fractional yacht ownership - also referred to as shared yacht ownership, yacht syndication, fractional boat ownership, and yacht co-ownership. Fractional yacht ownership is the natural choice for those who want to enjoy this exclusive luxury lifestyle. Our co-ownership model provides access to all the wonderful and unique luxury travel experiences associated with the yachting lifestyle without any of the hassle that yacht owners face. 

It's simple - you buy the share of the boat you want and that boat is yours to use for 6 weeks a year. You choose the weeks through an easy-to-use prioritisation App, ensuring a fair choice for all yacht share owners.

MIY do the rest - we look after your yacht and arrange everything from providing the crew to ensuring your food and belongings are on board before you set sail. Essentially, we tailor your yacht to your requirements - a personal touch that allows you to fully embrace the luxury lifestyle at sea.

Yes and no. The purchaser owns a share in the yacht they buy into. They are registered in the maritime register as an owner. One of a maximum of 8 owners. So it is their yacht.

The similarity to a ’timeshare’ is that the owner has weeks of usage balanced throughout the year. In this case, each share brings an allocation of 6 weeks. Some owners buy 2 or more shares - as they want or need.

The running costs are shared in 8 ways making this far more affordable and beneficial than chartering a yacht and the owner has a real asset that can be subsequently sold.

According to sales data, the average price for a yacht is almost £6m and can go as high as several hundred million pounds for the biggest superyachts. MIY Yacht shares start from £175k, and give access for 6 weeks usage per annum, as well as purchase rights to the yacht itself (unlike a timeshare). Therefore, being part of our yacht co-ownership model - or yacht share network as we like to call it - is a sensible alternative to outright yacht ownership.

Yacht share is a yacht syndication program that offers boating enthusiasts the opportunity to own a share of a luxury yacht. By sharing the purchase and maintenance costs of the vessel, boat syndicate owners can enjoy the freedom of the luxury yacht lifestyle without all the hassle generally associated with yacht ownership.