The decision to buy a yacht should not be looked at as a financial decision only, but a lifestyle choice, especially if you are not thinking about chartering your boat. Yacht maintenance cost can be really high.
Regular yacht maintenance is important part of your yacht investment.
One of the best ways to minimize the maintenance and operational costs of your yacht is to invest in a professional yacht management company. In addition to protecting the money you invested in your yacht by making sure it is properly serviced and maintained, a reliable yacht management company.
Chartering your yacht is a good way to minimize your operational expenses. Charter income, whether you choose fixed income charter management contract or variable one, should pay your berth fee, routine maintenance of the boat and yacht insurance.
Depending on acquisition price, good charter booking, good maintenance service, if you decide to sell your yacht after 5 - 7 years of having it in charter, you can have good investment return.
In best cases scenarios, you income can come to 12% returns per annum, including your private usage of your boat.
Owning a yacht can be also an investment in your mental and physical well-being. It can help you spending more time with your friends and family and reduce your stress level.
Understanding the pluses and minuses of buying a yacht can be complex. If you would like to benefit from our expertise in these areas, or if you have any questions, contact us for further information.
This contemporary 4 bedroom 2.5 bath design suits a narrow lot, and includes a study and living area toward the front.
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