Shared ownership is becoming more and more popular in the yachting industry, just as it has in property, especially vacation property. It makes sense… if you don’t have the time to use a leisure asset all the time then why pay to have an expensive villa or yacht sitting dormant awaiting your return. Sharing ownership offers all the benefits of personal yacht ownership without the burden of full-time responsibility. With the right structure, the experience becomes more enjoyable, accessible, and rewarding. You and your chosen friends, family, or acquaintances can access your dream yacht with reduced initial costs and lower operational expenses year-round.
Our Shared Ownership programmes are not strict fractional ownership plans like Time Share and some other boat share clubs, ours are designed to fit exactly into your plans, programme, wants and needs. Every project is initiated by one client with a dream who is motivated to turn that dream into a reality.
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This first owner often is the one who chooses the yacht, and then we find a like minded partner or partners who share that dream. Most syndicates end up with two to four carefully aligned partners per yacht. However many projects start with two or three like-minded partners who already know they want to share a yacht and come to us together, ready to take the next step onto a fully managed syndicate programme. We take the time to understand each individual, ensuring successful syndicates built on trust, respect and mutual enjoyment.
Many of our Syndicates stay small, two partners is the most popular to ensure that the decision making does not get away from any one partner. These partnerships often then choose to charter the yacht to cover the lions share of the running costs leaving them to take their agreed amount of weeks without the worry of huge running costs. Depending on your appetite we can target to cover ALL the running costs or just fill the gaps between your preferred use, it can work easily each way and you can switch between priorities from year to year as you r personal circumstances change.
The main advantage of shared ownership syndicates is that your dream yacht suddenly becomes within budget when you on have to find 25-50% of the purchase price. Its the difference between a Sunreef 50 just for you or a Sunreef 80 shared between 2 to 4 other owners.
We can offer syndicated ownership on either a new build or a brokerage yacht, its really entirely up to you and your partner(s). Once purchased and delivered your yacht continues to be professionally managed by our sister company diYachting to ensure smooth operation, cost-control and discreet booking conflict resolution. For those syndicates who choose to reduce running costs by chartering also, diYachting will arrange all the chartering operations, backed by years of expertise in yacht management and charter.
