4 questions you need to ask yourself before buying a yacht

Are you considering yacht ownership?

We know it can be confusing and frustrating with all the different information out there. However here’s a great start. Answer these four questions and you will be one step closer to your dream of owning a yacht.

See the latest offer on the Beneteau Oceanis 46.1

What level of financial investment do you have?

Etching a lifelong dream into reality. It all starts with having the financial backing to make your yacht purchase happen. Investing in a yacht charter doesn’t have to be the eye-watering bank burner it’s made out to be.

There are several ways in which make your yacht ownership a solid and concrete reality can happen. When choosing whether to buy a yacht outright or whether to take the avenues of fractional ownership or charter investment.

The first step in finding the right option for your situation is to sit down and map out your finances. 

Remember, done right – a yacht can deliver a return on investment if you take the charter ownership route. While this can be factored into the decision-making process, there needs to be a realistic angle on earnings. 

In addition, if you want to learn more about the financing of charter ownership. Read our in-depth guide on how to finance a yacht in charter.

It will without a doubt give you insights of the charter business you need. And most importantly, help you to make the right choices!

How to finance a boat in charter

Jeanneau Sun Odyssey 389 from above with wind in its sails

See the latest offer on the Jeanneau Sun Odyssey 389

What does your sailing life look like?

If you imagine snapshots of your life sailing, what does it look like to you? And more importantly – how much time do you have to dedicate to being out exploring the world or soaking up the sailing spirit out on the water?

If you have nothing but time and want to be sailing for months at a time, then perhaps you will need to opt for a more traditional level of ownership.

However, if you only have a few weeks a year to be out on the water and using the yacht. Opting for shared ownership or charter ownership makes more sense. 

At least with charter ownership, you know the yacht won’t be sat collecting mildew and algae when not in use but will be creating an income that you can use to offset your costs.


See the latest offer on the Nautitech 40 open

What level of control do you want? 

Another question to consider when it comes to finding the right ownership solution is considering how much control you want to have over your yacht investment. 

Of course, traditional ownership methods give you one hundred per cent control of all avenues – you can choose where to sail when to sail, what modifications you want to make.

Shared Access -and Ownership Programmes means that you share these decisions with your yacht partners. Remember, you will also share the costs. So it depends if you are seeking full control of your investment or less responsibility.

Charter ownership programs are an option that can help to bridge that gap – but again, this depends on which charter company you strike a deal with. Tailored charter management agreements offer more control and flexibility than standard charter ownership programs.

Lagoon 450 F sailing the open ocean with the sun above

See the latest offer on the Lagoon 450f

Do you have an interest in running your yacht?

While this is a run on from the point above, it’s not entirely in the same ballpark. Having control over the day to day running and maintenance of the yacht is different from being in charge of having your yacht on the charter market.

If you opt to take a more hands-on approach then you may find that you need to up your knowledge on the charter markets. Therefore you will need to have a marketing strategy in place. You will also have to ensure that you are informed and up to date on all the legalities of the business.

Gaining this knowledge can be rewarding stuff. However for those who just want to throw themselves into the enjoyment of the lifestyle would be best suited with a charter management agreement.  

Be aware! You shouldn’t agree to a one size fits all charter management agreement but instead shop around and opt for a company that is willing to tailor a management agreement that fits in with your needs. You didn’t come this far on the course of yacht ownership to compromise. 

So how can Yacht-Match help you?

get our unbiased advice today!

Yacht-Match is not a sales-driven company. We are a consultancy company with the aim to give you a better overview of the options and become better informed.

We can tailor charter management for you and you can use our service to receive an improved version of the traditional charter ownership programmes you might have in front of you.

The Yacht-Match Network, consist of +40 regional yacht dealers, +14 specialised financial institutes. The majority of the renowned European shipyards and a selected group of independent charter operators, serve the purpose of supplying our boat owners with an individual and customised version of the traditional charter ownership.

Are you interested in a few more tips? We found this YBW article quite informative.

Contact us today about how Yacht-Match can tailor the perfect charter ownership for you.

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