Yacht Fractional Ownership: Considerations And Benefits
Owning a boat is one thing that Australians aspire to, but it can be a long journey, and you may worry about depreciation and other issues that come along with owning something so expensive. Yacht fractional ownership is another way to own something tangible without having to spend so much money. You and seven other adults own an 1/8th of the boat, which means you pay less over time. Along with such, it’s a syndication program, which means that once the term is up (usually three to five years), you sign it back to the company and get whatever proceeds from it. That way, you can start a new syndication.
Yacht fractional ownership is highly beneficial for members because you can go anywhere and aren’t limited to specific waterways. Along with such, you don’t need to have a lot of experience as a skipper; they can provide training or help you determine where to go for training and licensure. You also get a unique walk-on, walk-off feature that can’t happen when you own it outright. You don’t have to worry about maintenance or cleaning when you’re done using the vessel, as the management company handles all that for you.
At LBS, they know how trying it is to own something so expensive, so they’ve come together with a variety of boat companies to provide you with the best vessels on the market at a fraction of the cost. Yacht fractional ownership is easy and simple; you own a share of the boat, can use it the same amount of time as everyone else, and scheduling is easy. You can see when it’s available, can book the vessel for an extended period when applicable, and can enjoy yourself thoroughly without worrying about insurance fees, maintenance, docking/storage, and all the other issues pertaining to full-on ownership.