If you are renting a catamaran every year in the BVI and have always preferred to own a catamaran but found the rental price tag a bit hefty, then our fractional yacht ownership or yacht share is a great way to own a boat and save on yearly charter rental fees.
Simply put, as it sounds, Fractional Yacht ownership is buying a fraction of the 100% ownership of a given Yacht. We’re offering a limited number of units in 10% increments. When you purchase a 10% unit, you then have 1 full week of access on a luxury Bali 4.6 and the ability to book last-minute trips unlimited. Purchasing more than 10% would obviously increase your access and usage. If you purchased 2 units (20%) ownership you would then have 2 full weeks of a luxury Bali 4.6 for up to 5 years in the world''s best charter destination, the British Virgin Islands.
Accepting the Bali 4.6 where you can sail yourself or hire a skipper in five cabins, a Flybridge with hardtop, with generator and air conditioning throughout provides the ultimate sailing catamaran for a group of 11. Great for entertaining and building a lifetime of family memories. The Bali 4.6 is ex-factory November 2023 and is fully loaded with a perfect setup to sail in the British Virgin Islands.
If you are chartering every year on a 46-foot or larger catamaran, the rental fees start at $14,500 + and upon adding the extras, the expenses can exceed $80,000 over a 5-year period. We can save you up to $30,000 by offering you the opportunity to own a 10% Yacht Share aboard the new Bali 4.6 for up to 5 years.
The benefit of the program is that instead of paying for annual charters, owners get:
- 7 days of guaranteed usage
- Additional usage if not booked 30 days out
- Annual depreciation of $15k
- Annual gains/losses off of operating income
- All accomplished in an LLC with Non-Recourse Lending
Each 10% share is priced at $50,500.
Because owners of fractional shares involve direct ownership, each user has greater control over how the boat is used and maintained and where it is located.
Operating costs are covered to a large degree by charter revenue in this charter program. The annual operating costs such as insurance, dockage, annual haul out, and scheduled maintenance are largely covered by income from chartering the yacht.
We invite you to LIVE YOUR DREAM and begin a conversation with the existing partners to learn about the LLC set up, study the charter projections, and find out why owning at least a 10% yacht share aboard the Bali 4.6 is a wise yacht ownership choice.
