The concept of Fractional Ownership is quite simple: multiple owners each purchase ownership rights of a specific yacht, and equally share the use and the ownership expenses among them. By sharing in the purchase cost, owners are enabled to co-purchase and enjoy a much larger yacht. Essentially, this concept provides ownerswith all the benefits of traditional yacht ownership for the time allotted, for a fraction of the cost. This is why it’s called ‘Fractional Ownership’.
Moreover, a yacht under the Fractional Ownership Program is under management by Maritime Ventures, whereby the owners need not worry about the inconvenience of preparing, provisioning, cleaning or washing the yacht each time it is used. The yacht’s captain will ensure that the yacht is always ready for use so that owners can enjoy the yachting lifestyle.
Contact one of our team members to learn more about Fractional Ownership and how you can join the program.