Upon the sale of the asset, the owners recover a percentage of their initial cost and will be proportionally refunded from the net proceeds. The boat will be sold at the end of the program. This can be an excellent way to defray costs as well as some of the responsibillity of yacht ownership. Our members enjoy the freedom to sail a larger newer yacht than they could afford to buy just about whenever they want plus they arent all tied up in the ownership cycle which allows them to charter guilt free in exotic locales all over the world. 2 to 4 depending on the yacht. The owner is free to sell their ownership interest at any time. (More about income and finances later). Duration of The Program. Our destinations are the most beautiful and diversified in the market. - You answered NO: NOT GREAT. This variation of our Smart Program lets your share the yacht's purchase price & holiday benefits with up to 2 more owners. Duration of the program is 5 years. Sunsail are well-known for their award-winning yacht charter holidays, but fewer people realize they sell boats too! Our first chartering experience was with a MarineMax 382. * For US customers and taxpayers looking to maximize tax benefits and understand the rules of active ownership, review our post on Tax strategies for yacht buyers . Dream Yacht offers more bases around the world than the leading competitor with over 46 locations throughout the Caribbean, Pacific, Americas, Indian Ocean, Mediterranean, Bahamas, Asia, Scandinavia and the Atlantic. Don't just listen to us about how great the Charter Yacht Ownership Program is with MarineMax Vacations. On January 24, 2020. Advantage Ownership Program The Moorings Advantage Program is designed for individuals that want to operate a yacht as a business. Charter boat ownership is in effect a great way to enjoy sailing for a few years without major expenses, AND own the boat at the end of the contract while having the charter income pay for some or all of the mortgage. After five years we were given four choices: 1) Sunsail sells our sailboat, and we purchase a new one 2) we sell the boat at market value and use the proceeds to pay off the loan 3) we survey the sailboat and sail it home, or 4) we enter into another charter program with a … Hear it directly from a yacht owner. The program is not for everyone but i think it solves the challenges many sailors face. Our Fractional Yacht Ownership Program was created to provide a surprisingly affordable way for you to enjoy partial ownership of fully-crewed luxury catamarans all over the world without the usual hassles of ownership. You may have been chartering year after year but have you ever thought to own a boat that is in charter? It is an affordable way to have a beautiful boat. The key word is affordable. Because the yacht is in the ownership program, it helps subsidize the cost of the yacht. Hear it directly from a yacht owner. Julian, many people are put off by the perceived cost of owning a yacht. We caught up with Julian Adams from Sunsail's ownership programme and found out more about their unique take on yacht ownership. And it is nice to be able to go to a beautiful place and enjoy your boat. Dream Yacht Charter: Nightmare Yacht Charter - See 106 traveler reviews, 161 candid photos, and great deals for Scrub Island, at Tripadvisor. Structured like a business, with a revenue stream based on the actual charter income generated by the yacht and actual expenses, this ownership option can provide some significant tax benefits. End of the program is designed for individuals that want to operate a yacht as a business boat. Up with Julian Adams from sunsail 's ownership programme and found out more about their unique on! 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