If you haven’t heard yet, sharing is the new way to own something. Many people are sharing cars, boats, and homes to save money and still get the benefits of owning something tangible. Yacht fractional ownership works similarly to these other sharing services in that you and up to seven others own a share of the vessel.
You can all use it equally, which means it’s a fair way to divvy up the time you have with your ship. Along with such, you can see when others have booked time with the boat so that you know when it is available and when it isn’t.
Yacht fractional ownership has many benefits. For one, it’s less expensive to own a boat because you only pay 1/7th or 1/8th of the cost, depending on how many owners the syndicate allows for each vessel. You also get the boat for an average of 30-45 days, again, depending on the number of owners and how many shares you purchase. While that doesn’t seem like a lot, you should remember that with traditional ownership, you’re likely to take the boat out for a day or so at a time, meaning you can get more use out of the boat and still enjoy it whenever the mood suits you.
At Luxury Boat Syndicates, they understand the real frustration of owning a boat. You have to take care of maintenance, storage fees, insurance, and all the rest. However, as your management company, they handle all that for you, giving you a walk-on, walk-off feeling. Yacht fractional ownership is the ideal way to own a boat that can give you many days of joy without all the headaches and hassles. They have a variety of boats/yachts available, so now is the perfect time to see how they can help you.