Below you will find our easy guide about the main aspects and features of standardised charter programs compared to tailored charter management solutions. To help you better understand each feature and its meaning and how to choose the right solution for your boat we encourage you to take our simple quiz and find out which charter ownership type would best fit your needs AND contact us for an individual free consultation to discuss your quiz result and compare your options.
We’re always happy to hear from you to discuss your needs further in a personal free consultation. Our team of experts is ready to guide you through the intricacies of yacht ownership and find you the perfect solution for creating memories of a lifetime.
| Features | Programs | Tailored Solution |
|---|---|---|
| Yacht | brand-new | brand-new or used |
| Models | LIMITED | ALL |
| Availability | Immediate | Immediate |
| Location | Greece, Croatia, Italy | ANY |
| Concept | “You buy an option for a boat and can sail without worrying about the costs” | “We find the best flexible solution for your needs as owner of your own boat” |
| Financing | Leasing or program operator | Bank leasing |
| Benefits | - less costly way - easy to get financing - less personal - “hassle free” - standardised/ traditional | - tailored and flexible according to your wishes - invest in your own business - personal / “boutique” - rely on your partner company and use your budget in a right way - flexible - unlimited number of own weeks - not bound to a region - no minimum contract duration - personalised maintenance according to your wishes |
| Disadvantages | - you invest in another company, which is not yours (=lending your money to the charter company) - you buy an option for a boat - standard/ not specific maintenance (= no own influence on the maintenance or equipment) - limited number of weeks per year for owner (you have to book your boat in advance, automatic and not personal “point system”) - minimum contract duration of 3-6 years - NOT transparent, no insight into accounts | - you need to pay the full purchase price - no “flatrate” or fixed amount of annual income - you need to be part of all decisions and planning regarding your yacht |
| Partner | Big charter fleet operators like Sunsail, Moorings, Navigare, Dream Yacht Charter, Istion, Pitter Yachting, Kiriacoulis Mediterranean | Independent charter management companies bringing their own interest as your yacht’s central agency |
| Duration | 7 years (average) | FLEXIBLE |
| Downpayment | 60% one-off or 15% + 85% | 30% - 70% |
| Owner's expenses | ZERO, FLATRATE or ALL running costs paid from charter income | Running costs covered by charter income |
| Owner's income | ZERO or FLATRATE 6% annual | 65% of the net charter income |
| Full ownership title | after 6-7 charter seasons | Immediately |
| Options at expiry | Receive your Yacht in perfect condition and • trade in for new, or • enter our charter management programs and earn revenue, or • sell through our brokerage scheme, or • sail the world on your own yacht. | Receive your yacht in perfect condition and sell through our brokerage scheme or sail the world on your own yacht. |
| Owner weeks | 4-6 | FLEXIBLE |
Charter any boat so you may choose which one suits your preference best, then redeem your full charter value as a discount on yacht purchase price.
Choose the yacht that best suits you from a list of carefully selected models from leading yards, all optimally equipped to the highest standard based on our over 30-years of experience in the industry.
Your participation is limited to a single advance payment between 50-60% (depending on yacht model) of the retail price of the yacht. You immediately gain access to using the yacht of your dreams and receive full ownership title at the expiry of the program without any extra payment or with a baloon payment at the end (depeding on the yacht, type of program and duration of program).
Enjoy your yacht as a proud Owner for six weeks per charter season (1-2 weeks Mid, 1-2 weeks Low, 2 weeks Off Season) or sail on one of the boats from our selected worldwide partner network.
The program usually expires upon the completion of 6-7 seasons. Upon expiry the yacht goes through an extensive maintenance schedule, including replacement of sails and tender with new, before she is handed over to you with all documentation required to transfer full ownership.
Access better leasing conditions by presenting an own charter business plan and pay for your boat comfortably with monthly quotes covered by your charter income. Enjoy your immediate full ownership title.
With the tailored charter ownership agreement we design your personal solution around your needs. You are also flexible all over the way: decide yourself about how often and when you want to use your yacht or how you want to equip it.
With the tailored charter ownership agreement you can decide yourself when you want to terminate the agreement, change the operator or the charter offer mode, start using your boat privately or sell it. This solution is the most flexible way of charter ownership that completely adapts to you!