Why
part-ownership instead of owning the whole yacht?
Cost-effective
boat ownership
As a part-owner, you will only pay your fixed amount of
annual maintenance that includes all costs associated
with yacht ownership. For example, our Hunter
45CC would attract an all-inclusive maintenance contribution
of only $5,775 per year (incl. GST). Our yacht owners
own their yacht, and at the same time saving approximately
80% of the normal costs that come with yacht ownership
- and still use the yacht a generous 33 days per year.
Most people don't use the yacht this many days even if
they own the lot.
How many days are allocated to each owner and
how do I book in?
Each owner of a share in a yacht is entitled to a certain
number of days usage of the boat per year:
10% share = 33 days per year
20% share = 66 days per year
Owners can book their
days up to 4 months in advance and are still have complete
flexibility:
Bookings can be changed (i.e. in bad weather situations)
without penalty or limitations. Bookings
can be made conveniently over the internet, by email
or by phone. Each day you book is guaranteed for you,
and your yacht will be ready for pickup at 9am. Overnight
usage is possible if two or more consecutive days are
booked. You can book single days or extended holiday periods
of up to a week.
Economical and
easy Yacht Ownership
A yacht is quite an expensive piece of lifestyle equipment.
A
prestigious 45 foot yacht with enough accommodation
for the whole family would typically cost approximately
A$550,000. To calculate the true cost of ownership you
must include the initial capital investment, plus the
opportunity cost if paying in cash, or interest paid if
the boat is financed. (Opportunity cost is the amount
of interest you would have received if you invested the
money instead of buying a yacht.) With Sydney By Sail
syndicated ownership, the capital required for all the
benefits of owning a 45 foot luxury yacht can be as low
as A$55,000.
Sydney
By Sail will take care of all yacht maintenance and
arrangements.
Yacht ownership not only costs money. It can also mean
spending more time maintaining and repairing the yacht
than enjoying the sailing. It is never ending, but a yacht
that is not well maintained will depreciate even faster
than necessary. The syndicated yachts are professionally
maintained throughout the ownership period, with focus
on detail and value conservation. This service is perfectly
suited for our busy lifestyles, where most people are
time poor but still want the sailing lifestyle without
the commitment. We take care of all the operational aspects
involved in yacht ownership, resulting in an all-inclusive
walk-on, walk-off sailing experience.
What happens when
the yacht is sold?
When the yacht is sold, the owners share in the net proceeds.
You will only have paid for the true depreciation of your
yacht, and our stringent management program will ensure
that each syndicated yacht retains the maximum resale
value. Our boats will typically depreciate by about 30%
within a 3 year ownership period.
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