Yacht sharing, which is also known as Fractional Yacht Ownership, should not be confused with the more recently developed ‘timeshare’ ownership concepts operated within the leisure marine industry. As well as being a very established model; Fractional Yacht Ownership is fast becoming recognised today as the logical way to own a boat as the vast majority of owners have limited time and are therefore interested in sharing the management overhead and achieving ownership within a realistic and justifiable budget.
Vessels are jointly owned by at least two but often by more individuals who have formed a group, each holding a share. The group then takes care of all aspects of ownership without any interference from an outside management company. When a member of a group decides to sell their share in the vessel, this specialist brokerage is instructed to offer the share to the open market and once an offer is accepted will manage its transition to a new owner.
Our clients offer a very personal service to a large number of loyal clients and have gathered a vast knowledge of the ins and outs of sharing by brokering the sale of hundreds of individual boat shares, forming new groups and advising existing groups of share owners.
Full support and training will be provided to ensure a smooth and successful transition of ownership.
Is this business relocatable: Yes
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