YACHT OWNERSHIP

“Use” [noun /yoos/ the act of using something, or a period of time when something is being used or can be used.]

Purchasers are looking to get more for their money, the days have gone where you would buy a yacht and leave it sitting in a marina for 48 weeks per year just waiting for your one or two holidays. Yachts need to be USED to maximise their value. Owners want returns on investment, reduced running costs, are looking at shared ownership or income from rental.

diYachting’s charter & shared ownership plans are specifically geared to luxury yachts over 60 ft that will be operated and chartered with a full time crew.

There are many schemes around for purchasing yachts into bareboat company’s ownership plans, they offer large returns and flexible use but are limited to smaller yachts that will be chartered without crew. The problem is you lose control of your asset, you don’t know how it’s being maintained or who’s skippering it. At the end of the contract you are given back a tired yacht that has been chartered for 200weeks plus with the depreciation that follows. You may as well have chartered!