What type of yacht should I buy?
Buying your first yacht has the potential to be daunting, especially given the wide choice of models, sizes, ages and styles of craft available. However, a cool-headed and analytical approach will enable you to narrow the choices down to a sensible short list, and you should be able to choose your first yacht in no time at all. Most important question is: What is your budget and what are your expectations? It is rather simple and complicated question and that is why free consulting from our side can be very useful. Send us an e-mail and we will guide you and answer all of your questions.
Should I buy new or pre-owned yacht?
When comparing new and used boats, one is not better than the other, but each offers benefits that the other does not. Used boats have lower price and lower charter income, but many sailors are keen to charter older, but well maintened boat with good sailing performance rather than new one and we saw many owners having good profit from older boats as well. New boats are more expensive, especially when bought in the wrong time, but they usually return the investment in 5-7 years of charter.
What does the purchase price of the yacht includes?
Yachts vary enormously in price, depending on the boat's size and age. When purchasing a yacht one should take care in reviewing the terms and conditions of the contract. This includes ensuring that the specification is sufficiently detailed and delivery of the yacht is suitably defined and provided for. On top of the asking price and packages offered by yacht dealers, new yacht owners will also have to consider the costs of fuel, maintenance and mooring. Those costs can be really high, so giving it to yacht charter management can be a good solution for that. Read more on our website.
What happens at the end of charter program?
Depending on your investing plan and charter programme, but basically you can collect your yacht and use her privately, sell it or find another charter company who doesn't mind having older boats in their fleet.
Which services do you offer?
From assisting in buying the right yacht model for yacht owners, to technical preventive maintenance and accounting, we manage all elements of operational support. Our experience in yachting industry can guide you through your yacht investment process. We are here for strategy, marketing, organization, operations, finances, advanced analytics and guidance with our experience and individual approach.
When can I use yacht by myself?
Depending on your yacht management agreement with charter company, you can use your yacht in the pre-season or post-season or during the high season which usually effects your net income. If having a well maintened yacht, secured berth and enough income to cover your operational costs, using your boat during high season is good option, but if you are looking to have more income from charter season, you should use it when boat is not booked (usually 1 week notice or so) or during low season. We have several yacht calculation examples showing how owner usage is affecting their income. Contact us for more information.