What Are The Benefits Of Yacht Sharing?

Owning a yacht is a dream come true for many people, but the reality is that the extortionate cost of owning a yacht outright and the level of management required to successfully run a yacht can turn into a nightmare. After all, most yacht owners are extremely busy people who only use their yacht 4-6 weeks a year, leaving it lying unused the rest of the time. 

One alternative is to charter yachts as and when desired, but while this does offer flexibility, it takes away the comfort and fun of the boat being your own. So what’s the solution? Shared yacht ownership is a practical alternative that involves sharing the possession of your yacht with others, thereby reducing the initial and ongoing costs of the yacht. SmartYacht can bring you together with other suitable shareholders, depending on the type of yacht you are looking for, your desired location and your personal requirements. Additionally, we facilitate and ensure smooth operations between co-owners; this includes everything from overseeing the contract and the movement of funds to property protection and professional yacht management. 

With fractional yachting you can enjoy stress-free yacht ownership at incredible value. Below, we answer the question: what are the benefits of yacht sharing?

What Are The Benefits Of Yacht Sharing? We Investigate

Get the best value from your investment

Even the wealthiest person in the world wants to get the best value they can, and yacht co-ownership really does save you a lot of money. You can choose how many people you want to split the vessel with, depending on your budget and how much time you want to spend on the boat, allowing you to make an investment that delivers the best value. This also means that the ongoing maintenance costs are split, often meaning that the yacht is maintained to a very high standard.

Holiday as and when you want

When you own a yacht by yourself, you pay for every moment - even the many moments you are not onboard. So, if we are looking at what are the benefits of yacht sharing, a big consideration has to be that you only pay for your time onboard. What’s more, you will have your desired holiday period guaranteed, so you’ll have all of the fiscal advantages without sacrificing any time onboard. There is also nothing to stop you enjoying a yacht holiday at short notice - this is because we bring together luxury yacht share owners who have very different usage requirements, meaning it is very rare that two owners would want to use their yacht at the same time. A three-season system guarantees the availability of your yacht during each season.

Flexible crewing to suit you

With SmartYacht, you can decide whether you want to keep a full crew onboard, have a temporary skipper as needed, or whether you wish to captain the yacht yourself. SmartYacht will arrange everything and ensure you get your preferred crewing structure.

Worry-free yacht ownership

Another big consideration when asking what are the benefits of yacht sharing is that it provides stress-free ownership. SmartYacht offers a full-service experience that means that all the admin of owning a yacht is taking care of, leaving you free to enjoy the fun and relaxation. At the same time, it will never feel like the yacht doesn’t belong to you - you can even leave all your belongings onboard, thanks to SmartYacht’s discreet changeover service. 

A secure investment 

We protect the investment of our luxury yacht share owners. Many people confuse shared ownership with time-share models, which don’t offer you any actual ownership. Shared yacht ownership offers a much lower risk. What’s more, SmartYacht offers innovative solutions that protect your property from things such as bankruptcy or payment defaults by other yacht co-owners. We keep your investment secure so that you can go on enjoying your yacht as planned, unaffected by the actions of your co-owners. 

Keep your independence

We understand that you want to keep your full independence while operating in a co-ownership. SmartYacht ensures that you will never have to coordinate anything with other co-owners. You can also easily resell your shares at any point, if your yacht ownership stops fitting with your lifestyle. Your anonymity can be provided upon request.

If you would like to speak with a member of our team to further discuss what the benefits of yacht sharing are, please get in touch today.