Yacht ownership is a luxury that has only been available for a very lucky few. However, our yacht management program can make your dreams a reality and finally allow you to call yourself a proud yacht owner. Here’s what you need to know.
Yacht charter management program provides you with the possibility to become a yacht owner in a fast and simple way with minimal investment and enjoy all the benefits and advantages of yacht ownership without taking care of the yacht maintenance, berth and getting the yacht ready for your holiday. All the additional tasks as yacht registration, acquisition of additional equipment, transport and launch – feel free to leave them over to us.
Regardless if a Sailing Yacht , a Catamaran or a Motor Yacht is the focus of your interest – our yacht charter management program is the easiest way to make a desired vessel your own private yacht.
What is Yacht charter management?
Our yacht management program provides an easy way into yacht ownership. We allow you to buy a yacht on an affordable financing arrangement, then fully manage all aspects of chartering, maintenance and running costs. This means you will end up with a wonderful asset that provides income, status and even a wonderful holiday! On top of total management and reliable income, you also have the privilege of several owner weeks every year… whenever work best for you!
If you would like to own your private yacht but you are not sure you could finance it, maintain it or you do not have enough available time to use it as much as you would like to , Charter Fleet Yacht management is the best choice for you.
Some advantages of our charter management program are:
- excellent booking results, with more than 20 weeks per season
- financial security with EIS insurance against loss of charter income
- high maintenance standards ensure best resale value for your yacht regardless of its age
- flavourable financing conditions through affiliate leasing companies
- transparent cash flow reports through constant insight in income and expenses
- several owner weeks per year in periods that most suit you
- worry free ownership: we take care that all boat’s papers are in order: insurance, licenses, registration, taxes etc.
- charter revenue that covers boat’s costs: mooring, servicing, maintaining
- secure mooring
- engine servicing
- winter preparations
- spring/start preparations
- technical installations and spare parts on stock
- availability of our staff for assistance when you or your guests are out on a cruise
- transfers and transport
What About Income?
Yacht charters are very popular and provide an excellent return on investment for owners. Whether it’s Yacht or Catamaran charter , Croatia is a very popular destination. We manage the business side for you completely and also provide all marketing and customer acquisition for your yacht charter. Croatia has a rich sailing culture and business is plentiful. In exchange for our services, we do charge a 35% management fee of all revenue which means you still receive the lion’s share. Our expert team ensures that your yacht will be chartered on average, 20 weeks of the year and we will provide you with insurance against charter loss.
How is the charter income shared?
Charter income is shared in proportion 65%-35% in favour of the yacht owner.
Out of 65% of the charter income the yacht owner finances:
- annual berth
- all-risk yacht insurance (casco) including insurance against loss of charter income
- yacht maintenance
Out of 35% of the charter income the charter company finances:
- agency commission for sub-agents
- marketing and promotion for the yacht
- charter booking
- coordination, reception and support for the charter guests
MARKETING AND PROMOTION
Using proactive marketing strategies and most efficient promotional tools such as:
- internet marketing
- optimal social networks presence
- organizing events for brand(s) promotion
- corporate catalogs
- print advertising
- international boat show attendance
Only Croatian companies can be registered for VAT so we heavily recommend that you register a Croatian company which can cost up to 3500 Euros to found. However, we can help you every step of the way in both starting and managing this company
Maintenance is extremely important for all ocean vessels and yachts are no different. A properly maintained yacht is the only way to a satisfied charter guest and at the same time the key to a successful business process. Consequently, our professionally educated staff constantly supervises the condition of the yacht and its equipment. With regular services we act in advance in order to prevent any bigger malfunctions and to provide a safe and high-quality vacation for charter guests. With continuous supervision and maintenance, we ensure the longevity of your yacht and equipment as well as a higher price in charter and a higher market value when you decide to sell the yacht. The owner of the yacht has a permanent insight in maintenance processes and their cost – the yachts that we hold in our bases are the best evidence of the quality of service that we provide.
To complete our mission of providing our clients the best possible quality of service, we cooperate with a team of highly experienced yacht technicians and other experts in industry. Due to that, our clients can be sure that any yacht maintenance work will be done diligently, professionally and on time.
In what condition is the yacht after the program and what is its market value?
In a very good and fully functional condition. Of course, the result of chartering is a higher level of wear of the yacht, which can be taken care of with minimal investment and reconstruction. In any case, the charter yachts in our fleet are in better condition than many private yachts, due to the fact that they are constantly supervised and regularly maintained by professionals in our charter company.
In our experience, after 5 years in the Charter management program your yacht will still be in excellent condition and will likely retain up to 65% of its value.
Placing a yacht into charter management is a good way to reduce the cost of the boat and also offset the cost of ownership.
We will handle all of the hard parts of ownership, all you have to do is to have fun and to enjoy your vacations aboard your new vessel with your family and friends in the most beautiful destination in the world.
Split or Dubrovnik is your ideal starting point in Croatia to a number of popular destinations – sail off along with the jet-setters around Hvar or Dubrovnik or choose a secluded bay to relax and recharge your batteries.
If owning your own yacht is a dream of yours, then don’t wait, with our help you will be the proud.
To learn more about investing into yacht charter management and placing your yacht in our charter fleet contact us or request a call from us!
Croatia Charter Fleet Team / Yacht Management Divison