The concept of fractional yacht ownership is not entirely new. If you are interested in owning a yacht, you may have heard of it at one point or another. Fractional yacht ownership should not be confused with timeshare. With fractional ownership, you have equity in the asset and interest, which means you are a real owner or one of the owners in this case, unless you decide to buy 100% of the asset.

With a timeshare, you buy time or share time with other owners, but you never actually own anything, which means that when time runs out, what you invested runs out, because you have no capital.

This is why most people and smart money have realized the benefits of owning a fraction of the yacht – a great way to own a beautiful asset that you use occasionally without the unnecessary expense of owning a yacht. I already.

Many people love spending time on the water and yet only some of them can afford a boat on their own. Sometimes it’s not about affordability, it’s about actual use. Daily and charter rentals are good for the occasional traveler. In cooperative yacht ownership, you share the cost of the yacht with others and only use it when you need it, without the hassle of maintenance. Imagine embarking on a trip on your own yacht; complete with all members of the crew, to spend a few weeks at sea with family or friends. You can spend your days ‘soaking in’ the amazing shores of Cuba and the Bahamas, making little stops for fishing or visiting local restaurants. Then, after a few weeks of enjoyment, he disembarks and returns to his normal life.

Fractional yacht ownership or shared yacht offers you access to a luxury yacht for a fraction of the cost, this means you don’t have to worry about the headaches that come with maintenance and service. A good management company like Saveene can always take care of that for you.

You may decide to use the yacht for only a few weeks out of the year and then leave it to its co-owners to enjoy. After all, it is not good for a boat to sit for too long without moving. Meanwhile, the management company provides maintenance and keeps the yacht ready for travel at all times.

Yacht sharing is a great alternative if you are an ocean lover who enjoys exploring the waters of the Caribbean or the Mediterranean, but you intend to keep sailing costs low.

This is a perfect solution if you are smart with your money, but still want to own a cruise or yacht. Equity is shared equitably among owners. There is no stress of hiring a charter anytime you want to take a boat trip. All you have to do is call the concierge office ahead of time, and they will schedule the crew, Capt. and your boat will be ready when you arrive to enjoy it without all the hassles.

Companies like Saveene offer an interesting concept of yacht ownership at a fraction of the purchase price compared to freehold yacht ownership.

Many novice yacht owners don’t realize the intensity of owning a yacht and the stress involved in maintenance and overall cost. On the other hand, those who have owned yachts or own one understand exactly how steep the cost can be. A yacht is meant to be enjoyed. The yacht lifestyle can be quite beautiful if you are stress free. Realistically, most yacht owners don’t use their yacht as often, but they still have to pay one hundred percent of the maintenance costs. This is where the concept of fractional yacht ownership is the smartest way to own a yacht. You have equity in what you use and you pay for what you use, but you still pride yourself on owning.