Benefits of Fractional Yacht Ownership

Fractional yacht ownership or a yacht share is a great way to own a boat if you love being on the sea, but don’t want to spend a lot of money purchasing a boat of your own.

More affordable

You get to enjoy same benefits like sole ownership, including the prestige that comes with having your own yacht to use on the open sea, all at a fraction of the cost of purchasing and maintaining a solely owned boat. It’s surely a great deal, because you get to save some money to invest in stocks or take care of other businesses or to put towards your 401k, or childrens education. Also, there is no upkeep costs, as the team that manages the yacht will take care of it.
No maintenance or cleaning hassles

In a fractional yacht ownership, you just walk on/off your yacht, without bothering yourself about cleaning and maintenance that comes with owning a boat. The management company takes over the maintenance of the yacht when it’s not in use. This way, you’re always assured that the yacht will be in top condition and travel-ready whenever you want to make use of it. Just get on board your yacht with your friends or family, and sail wherever you want.
Same time on sea as sole ownership

Having a yacht share doesn’t mean you get to spend lesser time on the open waters. The average yacht owner doesn’t spend that many days on the sea all year round due to weather and time constraints. By using a co-op yacht ownership, owners don’t spend lesser days on the sea than those with outright boat ownership, even though they do have to schedule ahead of time.
Redeem your stake at any time

A co-op yacht ownership gives you the freedom to redeem your stake of the ownership for its monetary value anytime you want. This is better than going for a costly charter yacht for a few times in the year or just one season. Plus, there is no asset with a charter, just money lost. More so, the yacht will be in a great condition for you to redeem your stake at any time because the management team takes care of it. This will likely increase the resale value, thereby maximizing your returns. Moreover, with the financial burden and money spent on maintenance in a sole yacht ownership, fractional ownership is a great way to bypass these burdens. Many different types of yachts can be bought with a co-op yacht ownership, so any budget can be accommodated. www.saveene.com offers 3 types of yachts that you can partly own, with superb management services. Just get aboard your yacht anytime, and direct your waiting crew.

Fractional Fleet

Even if you don’t spend a lot of time on the water, fractional ownership works well because it offers you the opportunity of having a yacht whenever you need it.

Basically, fractional ownership allows you to share the ownership of a yacht with other individuals such as yourself. Everyone takes a turn using the yacht, and you can schedule use to specifically fit your needs.

That said, above are some of the benefits of a yacht share: