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Princess Launches YachtQuarters Fractional-Ownership Program

• By The Editors
• Updated: January 17, 2018

Princess Yachts has launched YachtQuarters , a fractional-ownership program. The first model being made available is the Princess 75 Motor Yacht, with a maximum of four owners and a homeport of Port Adriano, Mallorca, in Spain’s Balearic Isles.

YachtQuarters involves four-year contracts. Owners can sell their share after two years. After four years, the yacht is sold, and owners have the option of leaving the program or entering into a new contract with a new yacht.

Each 25-percent share in the yacht entitles the owner to eight weeks on board per year, with two weeks during each of the four seasons.

Service, maintenance, crew and other typical needs are managed, with the YachtQuarters team choosing the two crew (captain and chef/stew/deckhand) to work on board.

Which yachts will enter the program next? The YachtQuarters website hints at possible future inclusion of the Princess 88 Motor Yacht, as well as Princess 30M and 35M models.

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By SuperyachtNews 11 Jan 2018

Princess launches yacht-sharing programme

The fractional-ownership initiative yachtquarters was announced at london boat show….

Princess Motor Yacht Sales has unveiled its new shared-ownership programme. ‘YachtQuarters’ will give owners access to eight weeks on board the vessel each year, two in summer, four in the spring and autumn, and two in the off-season.

Speaking to SuperyachtNews at London Boat Show yesterday, Henning Price – who is leading the initiative and previously worked as CEO of Princess Yachts Mexico – explains why this enterprise is distinctive from other schemes seen previously within the yachting market. “The difference between most fractional ownership programmes and ours, is that we manage and operate the boat 100 per cent,” he asserts. The first yacht in the programme will be a Princess 75 motoryacht and will be based in Port Adriano, Palma de Mallorca.

When looking at the luxury landscape, Price sees this as one way to engage with a different type of client, who has not considered yachting before or does not want to carry the burden of ownership. “The potential customers are newcomers to yachting, who feel a bit uncomfortable taking the responsibility of buying a yacht; they could start as shared owners, and then potentially move on to full ownership,” explains Price. Interestingly, Princess also sees this as a method to tempt previous yacht owners back into the market, by removing the headaches that they may have encountered with their own vessels. “It could also be people who have been yachting for many years and who would like to have limited access to a yacht, but they don’t want to have all the hassle and expenses. They have tried that and they are now just happy with eight weeks on a yacht.”

Price cites NetJets, the aviation fractional-ownership scheme, as a business model akin to YachtQuarters. Whilst CEO of Princess Yachts Mexico, Price drove a similar ownership scheme, which was successful in the region. He argues that the positive outcome of these programmes is due to the modern lifestyles of many in the luxury sphere. Those able to afford yacht ownership will often have a plethora of interests, and don’t necessarily wish to dedicate all their time and money to one particular activity. “A lot of people are busy. Instead of investing a lot of money in a yacht, where you will feel obliged to spend all your leisure time on board, it is better to invest in a share. This way, you still have time and resources to do other things as well,” he explains.

Price also highlights the cost-effective nature of the initiative, explaining how the average charter price of a Princess 75 is 52,000 euros per week, whereas the cost of shared ownership is 32,000 euros per week. Any servicing or maintenance is shared equally among the four owners, with each individual being responsible for their food and fuel.  “With a shared ownership, you don’t waste time or money,” he offers.

A core part of the fractional-ownership model is the idea of personalisation, something that is inherent with a privately-owned vessel but not often found on charter trips. This is something that the YachtQuarters team hope to tackle with their programme. “It’s still your own boat with your personal items and your crew. Immediately you are at home, the time you have on board is 100 per cent efficient. With charter, you have to get to know the crew and the boat for the first few days.”

At a time where the difficulties of bringing fresh blood into the industry is an undercurrent to many conversations, this method of ownership could be a way to engage with a previously untapped pool of clients. Price admits that, while there has been significant interest in the programme, Princess have not secured any owners as yet, but with the summer season on the horizon the brand is hopeful for a successful 2018.

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Image: Princess 75 (courtesy of Princess Yachts)

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Disruptors: Meet the companies shaking up the yacht ownership model

In times gone by you had two options: buy or charter, but now the superyacht landscape is evolving at a dizzying pace. Chris Jefferies speaks to four companies looking to turn the market on its head…

“Shared ownership is not new but the timing has never been more right,” says Kathy Kennedy, COO of AvYachts. “The idea for the company came from trying to solve two major issues in the yachting industry: how do we bring in new people to yachting and how do we keep the current yacht owners who are tired of the cost and hassles of whole yacht ownership?”

AvYachts’ answer comes in the form of 10% shares in a yacht that is fully managed by a dedicated concierge team. Fees are paid quarterly and cover repositioning, crew, maintenance, insurance and all other operational costs. The firm launched its offering at the Miami Yacht Show  2017 with a Westport 112 and has since expanded to add a Westport 130. The fleet is now active cruising from New England to Cuba via all the usual yachting hotspots.

AvYachts is by no means the only company offering fractional ownership, but Kennedy is keen to stress their USPs, which include the option for a buyout after five years, a dedicated app and the ability to trade yacht weeks across size brackets and locations or swap for a week ashore with luxury hospitality partner Elite Alliance.

The shared ownership model has been gaining traction in the US for many years now and one company helping to spread the business model to the other side of the Atlantic is SeaNet, who set up their European operation in 2017.

Belgian entrepreneur Matty Zadnikar manages the Mediterranean fleet, which includes Mister Z  (pictured above), a Benetti Delfino 93 that is based in Split, and a forthcoming Benetti Delfino 95, which will be available on the French Riviera. Additional yachts are planned for Mallorca and Italy, while the firm’s US operations are also growing, with new 35 and 40 metre yachts in the pipeline.

Owners can choose to purchase a quarter, third, half or 75% share with running costs paid on a monthly basis. As there is a maximum of four owners per yacht, SeaNet ensures that each owner gets a minimum of seven weeks on board per year. To ensure that the peak season is divided up fairly owners take turns selecting their preferred week, with the order alternating annually.

“Purchasing a yacht is an emotive process,” explains SeaNet’s Louise Gillespie. “For all intents and purposes owners want to feel that their yacht is truly theirs, so we fully personalise the yacht before an owner steps on board, ensuring that the yacht is filled with their personal preferences including linen, cushions, family photos and art.”

Floating Life

A firmly established name in the charter and brokerage world, Floating Life first got involved in the fractional ownership world back in 2007 and has eight years' experience managing the Yacht Plus fleet: Ocean Pearl , Ocean Sapphire and Ocean Emerald . The latter two have been sold, leaving Ocean Pearl (pictured above) as the sole survivor on the charter market, being shared across nine clients and used 24 weeks per year.

Floating Life is currently part-way through an ambitious fractional new-build project called Dream K43 , which could see up to three 43 metre yachts built. “We are positioning ourselves to provide a new and financially sound way to experience the joy of yachting,” explains co-founder Andrea Pezzini. “Each client will be allocated four-time slots per year: two ten-day cruises and two eight-day cruises, totalling 36 days per year per owner.”

Clients can come on board via a time-share contract that allows for long-term usage, or as fractional owners with the option to charter out unused weeks and pocket the net revenue. Transparency of scheduling is a key priority for Floating Life, with clients able to see where all of the yachts are at all times, while the dedicated concierge department means clients can relax and enjoy the superyacht lifestyle.

YachtQuarters

One of the newest names on the fractional ownership scene, YachtQuarters was launched at the Düsseldorf Boat Show 2018 by Henning Price, who previously managed a similar scheme via Princess Yachts Mexico. “Yacht owners should be able to enjoy their time on board and not have to worry about the myriad of issues and often complicated decisions that come with yacht ownership,” he believes.

Backed up by the experience and infrastructure of Princess Motor Yacht Sales’ Port Adriano office in Mallorca, YachtQuarters is currently offering 25% shares in a new Princess 75 motor yacht (pictured above) and has plans to expand the fleet to add a Princess 88 and a Princess 30M.

Ownership periods are limited to a minimum of two years and a maximum of four years, at which point the owners will be offered an upgrade or a buyout. “Nobody needs a yacht for 50 weeks of the year,” Price adds. “Young families are busy; they don’t want to allocate ten weeks per year on their boat, so it does make sense to try and share."

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Princess Launches YachtQuarters Fractional-Ownership Program

Princess Yachts has launched YachtQuarters , a fractional-ownership program. The first model being made available is the Princess 75 Motor Yacht, with a maximum of four owners and a homeport of Port Adriano, Mallorca, in Spain’s Balearic Isles.

YachtQuarters involves four-year contracts. Owners can sell their share after two years. After four years, the yacht is sold, and owners have the option of leaving the program or entering into a new contract with a new yacht.

Each 25-percent share in the yacht entitles the owner to eight weeks on board per year, with two weeks during each of the four seasons.

Service, maintenance, crew and other typical needs are managed, with the YachtQuarters team choosing the two crew (captain and chef/stew/deckhand) to work on board.

Which yachts will enter the program next? The YachtQuarters website hints at possible future inclusion of the Princess 88 Motor Yacht, as well as Princess 30M and 35M models.

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About the Author: Captain Jim

PRINCESS YACHTS NSW

Princess Yachts NSW is the exclusive authorised dealer for NSW. With head office located in Double Bay, our team have seasoned experience and extensive reach, offering clients an exceptional sales experience supported by a comprehensive after-sales and vessel management service.

Princess Yachts NSW is a client focused business, dedicated to supporting owners from their initial purchase, through all periods of ownership.

Company directors Sean O’Doherty and David Jensen share a combined 15 years’ experience in the marine industry and have extensive knowledge of the brand. Together they have forged a number of long-term friendships with proud Princess owners through their dedication to service and client support.

NEW PRINCESS

The Princess name has become synonymous with all the finest in luxury motor yacht design, high quality yacht manufacturing and the very best in aftersales service and support.

From the entry level Princess V40 to the X95 every Princess will exceed your expectations. Princess Yachts set the benchmark in luxury and performance.

On the water, Princess Yachts are instantly recognisable for their graceful lines and timeless elegance. With a muscular deep-V hull Princess Yachts represent an undeniable presence which is instantly recognisable around the world.

Every Princess is designed with a forward-thinking mentality and crafted with meticulous attention to detail. When buying a Princess from us, you can have confidence in the brand and the team who will ensure only the very best.

Super Flybridge

PRINCESS X95

Motor yachts.

PRINCESS Y78

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If you are considering the purchase of a pre-owned vessel or you’re looking to sell your existing one, Princess Yachts NSW through our experienced team of professional brokers can provide the required assistance and guidance to ensure you achieve a successful outcome.

With our office centrally located in Double Bay, Sydney and strong relationships both locally and through our extensive global dealer network, we have access to the largest selection of pre-owned Princess Yachts in the world. Our priority is to achieve a timely sale with maximum return.

2018 Princess Y75 "Fleur De Juin"

2020 princess s62 "epic", 2013 princess v52 "anamchara", 2011 princess 64, 2023 princess v55, 2022 princess v60, 2012 princess v72, 1999 palm beach motor yacht 38, 2013 princess v48, 2018 princess v40, 2009 hampton 680 pilothouse, 2012 sunseeker 28 metre yacht, 2017 princess v58, 2013 princess p52, 2022 princess y72.

BOAT QUARTERS

A unique approach to owning a princess.

Shared ownership is the easiest way to own a Princess, for a fraction of the cost. Fractional boat ownership delivers all the joys of boating at a significantly reduced price.

Our BoatQuarters shared ownership programme has been specifically created to offer a high-value, realistic alternative to outright ownership. The programme enables owners to conveniently and cost-effectively share all the acquisition and operational costs of the yacht at a fraction of the price and without any of the usual complexities.

Enjoy peace of mind with our completely transparent 5-star solution, providing you genuine and legal yacht ownership from a company you can trust.

To find out more, contact our team today.

Our comprehensive Yacht Management Program is designed to meet the individual needs of each owner in order maximise enjoyment and minimise risk. A suitable management program is tailored to your ownership style and includes; a detailing program, technical support, scheduled maintenance, comprehensive systems checks, as well as the coordination of all annual maintenance requirements. We work closely with our owners and captains to ensure your vessel is operated as safely and efficiently as possible, protecting your investment while maximising reliability and resale value.

Our qualified service team offer full support with servicing, repairs & maintenance, as well as equipment installation across the Princess range.

We understand that offering the right insurance to our clients is about more than just comparing premium and cover, it is also about placing your business with an Insurance company that appreciates the differing needs of boat owners.

The location of your marina berth is essential to the safety and enjoyment of your ownership experience. With extensive industry relationships our team can assist you in finding the ideal berthing location anywhere in Australia.

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• Syndicate Information
• £70,000 8 Weeks p.a.

Fractional Yacht Ownership in South of France & Monaco

The Yacht Share Network in France and Monaco is operated by William Parton, arguably the most experienced British yacht broker in France. He is somewhat unique in the Côte d’Azur, being the ABYA’s most long-standing independent professional yacht brokers association member.

William is resident in the South of France, fluent in English and French and is therefore on hand locally to take care of your needs; with access to an excellent support network of trusted professional contacts.

Since 1995 he has been looking after the sale and maintenance of used and new boats, standing the test of time, he has truly seen and dealt with it all!

The French Riviera just oozes charm and romance. Referred to as the Côte d’Azur, it runs from Italy along to Spain, incorporating the coastline of the French Riviera and Monaco.

It’s the birthplace of stylish yachting. With up to 50% of the worlds’ Superyachts based there and circa 90% of all Superyachts having visited this epicentre of yachting.

It’s no surprise that there are an abundance of coastal hotspots all along this coast. Monaco, Saint Tropez, Cannes, Antibes and Nice are just a few of the must-visit ports of call.

Principal Features

Three cabins with three headsMed Spec air conditioningLarger MAN engine optionNew generator 2016Crew cabin fit outHydraulic Passerelle

Accommodation

3-cabin layout: A lovely midships double cabin with en-suite heads and shower complements the forward double which is also en-suite.To port is a comfortable twin cabin (or double) which also has its own heads and shower.Two stair cases to the Flybridge are easy to use.Aft cabin fit out for crew or occasional guests.

Construction

Hull: GRP –modified deep V with spray rails and propeller tunnels.Hand laid glass fibre construction with isophthalic gel coat backed by initial lay-up of powder bound matt and isophthalic resinSide Deck: GRP –with non-slip surfaceSuperstructure: GRPCockpit/Bathing Platform: GRP –Teak laid decks

Interior Colours

Furniture finished in natural High gloss Cherry, helm console finished with Nomex non-reflective finish and chocolate leather panels, Burr-elm dash board. Light grey cotton upholstery. Light grey deep pile carpets (2013), heads finished with teak decking, cherry and cream avonite tops.Galley work top is Granite with a fleck avonite.External: Upholstery is white with navy piping.Foredeck sun cushions have light grey fitted covers.

Engines: 2x MAND2848LE403, 8-cylinder V configuration 800HP@2300 RPMTwin disk-gear boxes on a straight shaft drive water lubricated stern glands.Rudder angle indicator.Speed Max: 28knots (depending on conditions).Cruising speed: 23knots cruising 24gallons (110lit)/hour each engine.Range: Approximately 300milesHydraulic power-assisted Hypro steeringThruster: Sidepower bow thruster15hpTrim tabs

1 bank of 4 x 24-volt heavy duty batteries for engine starting (2010)1 bank of6 x 24-volt heavy duty batteries for domestic use (2011)1 bank of 4 x 24-volt heavy duty AGM batteries for Bow thruster (2018)Shore power system: 240 volts shore power supply to all cabinsPolarity check systemCircuit breakers on all circuits12v dropper for certain navigation and radio circuitsReya 20-amp invertor to one socketChargingKohler 13Kva generator,1000 hours new20162 Engine alternators charge via blocking diodes to isolate engine start batteries from auxiliariesDolphin24v 50Ah Float battery charger

Water systems

Hot water production: 240volt immersion and hot water calorifierPressurised hot and cold-water systemWater level gauge, Deck filler

Fuel: 770 Gallons, 3,500Litres, 4Tankswith sight gaugesFuel cross over valve, 2Separ2000/18primary fuel filtersPer engine (4 total)Water: 166gallons, 755litres, 2 Tanks including 16 gallons hot waterHolding tank with sea and deck pump out (56 gallon)

Deck equipment

Reversible electric (2000 watt) Lewmar anchor winch with Capstan, foredeck / helm position controls35kg Ultra anchor and 75m chain feeding through bow rollerDanforth kedge anchorFore deck wash and fore deck lockerFull set of IMCO navigation lightsStainless steel bow, stern and two spring cleats in pairsThree large pantograph windscreen wipers with fresh water washSearchlight with remote control on Arch, manual Search light on bowElectric hornsOpacmare hydraulic passerelle with remote control, doubles as dinghy liftForedeck sunbathing cushions with light grey coversBimini system over foredeck cushionsStern Quarter capstan winches for mooring linesOne side door from internal helmLife rafts 3x Bombard 6 manSwimming ladder off platform as standard plus extra-large ladder with teak treadsFlybridge biminiScreen coverWinter screenBathing platform showerCockpit and Flybridge overhead and low-level lighting on all steps and stairsBRIG Rib with Suzuki 30hp outboard engine, mounting chocks and lifting strapsLarge teak folding cockpit table with 6 folding chairsAdditional safety equipmentFour underwater lights in transom

Princess 61 - Côte d'Azur

This timeless and recently refitted Princess 61 offers an incredible value proposition: To own a yacht in the Côte d’Azur. for just £75,000.

Based in Cannes, she’s more than capable of cruising the French and Italian Rivieras as well as Corsica & Sardinia.

During 2021 she has been extensively refitted to include:

New teak decks New external upholstery New fridges New engine controls for main helm & flybridge New cutlass bearings New rudder bearings New anchor winch Major service & upgrades to AC system throughout Improvements to tender New headlining in cabins New plexiglass in side windows Navigational kit upgrade Lighting LED upgrade

Her 3 spacious en suite cabins make her a real holiday home in the sun – one that offers exciting new horizons each time you visit.

This syndicate is made up of 6 shareholders each enjoying 8 weeks of use a year. There is an even spread of retirees and parents with school-age children. This means there is a broad cross-section of preferences regarding the choice of school holidays, and those who prefer to avoid time on board during those periods.

Having a full-time Capt on board means this yacht is incredibly well maintained and offers co-owners greater freedoms to cruise locally – or cover greater distances without having to return to its home port for change-over days. Some co-owners agree to work together to create back-to-back itineraries, where one co-owner visits say Corsica or Sardinia on her, and the other picks her up there and subsequently returns her again to her home berth in Cannes. The essence of this syndicate is to create exceptional value boating, coupled with exceptional cruising capabilities.

This syndicate is a Fractional Association Platinum Member, working to the association’s Code of Conduct and fulfilling their Maintenance Management criteria. This includes an owners’ website for the selection of their weeks, a communication forum and real-time access to the management accounts.

Specification

8 weeks per annum

2001/2016 & 2021 refits

6 (plus crew)

Latest Yachts

Custom line navetta 33m, prestige 750 fly, sunseeker 88, aquilla 44 – miami/bahamas winter & hamptons/newport/nantucket summer, riva 90 argo – monaco, pearl 82 – mallorca & french/italian rivieras.

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A New Concept: Fractional Yacht Ownership in the Mediterranean

Wednesday 1st August 2018

Discover fractional yacht ownership in the Mediterranean. Your own Princess yacht, the wide blue horizon, yet without the traditional complexities of owning a yacht.  YachtQuarters is a new way to live the Mediterranean dream at a fraction of the usual cost.  Now we’re offering interested parties the chance to understand this new concept during the Southampton Boat Show 2018.

YachtQuarters was launched back in January 2018.  It is a unique fractional yacht ownership in the Mediterranean, where every aspect of the yacht’s operation, maintenance and management is looked after by experienced permanent crew and the professional management team at Princess Motor Yacht Sales, the world’s largest Princess distributor and a leading European maritime service provider for over 50 years.

The programme features a stunning new Princess 75 Motor Yacht, Maltese-flagged and based at Port Adriano in Palma de Mallorca, just 30 minutes’ drive from the airport. She boasts eight berths in four luxurious en-suite cabins, and separate quarters for two or three crew members.

The YachtQuarters yacht manager will ensure that each owner enjoys a total of eight trouble-free weeks onboard during the year: two in summer, four in spring and autumn, and two off-season. This ensures that owners get maximum value from their investment.

Outgoings such as servicing, maintenance, repairs, storage etc. are predictable based on costs from the previous year and shared equally between all owners. Individual owners will be responsible only for their consumables such as food, drinks and fuel.

The crew can replace the owners’ personal effects and ensure food and drinks preferences are onboard prior to arrival to ensure that the owners feel at home as soon as they step aboard their yacht. YachtQuarters’ budgets include permanent crew for the Princess 75 and her toys (jet tender, water skis, banana boats, Seabobs, snorkling gear etc.), complete management and operation, as well as reserves for unexpected expenses. In comparison to charter, the total cost per week with YachtQuarters is approximately 65% of a corresponding charter.

The yacht will always be kept in superb condition through the meticulous management of the crew and Princess Motor Yacht Sales’ aftercare service, safeguarding the investment. This will ensure the yacht is in perfect condition on arrival, ready for a memorable experience in the perfect cruising area of the western Mediterranean. Investment in YachtQuarters creates a four-partner ownership structure that lasts for four years, after which the boat is sold and the structure dissolved. If, after a minimum of two years, an owner wishes to opt out, they can sell their share as a liquid asset.

So, if you’re interested in learning more about fractional yacht ownership in the Mediterranean…

See YachtQuarters at the Southampton Boat Show 14th – 23rd September 2018

At this year’s Southampton Boat Show, potential owners will have a wonderful opportunity to engage directly with the YachtQuarters team and take a moment to tour the beautiful Princess 75 which will be on display.

Whilst at the show, visitors can speak directly our programme manager, and understand from his long-standing experience, just what is different about this concept and how it works.

To arrange an appointment, simply email us at [email protected] or call the Princess Motor Yacht Sales Portals office on +34 971 676 439. 

Alternatively, you can find out more at our website www.yachtquarters.com

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Joint Ownership, Syndicates and Boat Share Schemes

Wednesday 1st April 2020

The private syndicate

A private syndicate is a group of people who decide to share the cost of buying and owning a boat – and whether you want to view that as multiplying your buying power by the number of shareholders or dividing your outgoings by the same, the merits of the approach are clear. The extra financial clout of your communal purse buys you the chance to source a larger, more capable and more desirable yacht, with premium options that have the potential to improve the boating experience. And when the agreed ownership period comes to an end, the extra regularity of use and the additional time, money and effort lavished on her maintenance by a committed syndicate of owners will often mean that depreciation is kept to a minimum. After all, not only will she achieve a strong selling price but, as one of four, six or eight parties, any loss is divided between you and your fellow shareholders.

A private syndicate does, however, require great care and consideration from all involved. In the first instance, you need to find a group of financially secure and like-minded friends who share your attitude to boating and who will be happy to be swayed by the group consensus on the nature of the boat, the spec, the cruising grounds and the schedule of usage. You need to ensure that your partners are as fastidious as you are in relation to leaving the boat in perfect condition after a week away with their families. You need to have a mechanism for protecting the interests of someone who might lose their allotted week through unscheduled repairs. And you need to commit to a contractual Shared Ownership Agreement to clarify everybody’s responsibilities, to eradicate any doubt or animosity and to put a procedure in place in the event that a member decides to sell his share.

Even then, however positive your collective intentions might be, a syndicate can be a tough thing to maintain. After all, it leaves all the logistical responsibilities for boat ownership in the hands of you and your partners and it also puts the onus on you to take a proactive role in protecting everyone else’s interests, as well as your own. Little wonder then that the number of dedicated companies offering professionally operated fractional ownership schemes has soared in the last ten years…

The professional scheme

If you want to ease the financial burden, increase your buying power, rid yourself of logistical complication and bring your outgoings more closely into line with the realistic patterns of your likely annual usage, there are now plenty of commercially operated fractional ownership schemes available. The idea is that a dedicated agency takes charge of everything from purchase, service, maintenance and storage to cleaning and even training – and all you have to do is pay a fee. In some cases (usually with smaller boats), that fee can take the form of a simple monthly payment over a set period of years. In others, it can involve an initial lump sum to fund the purchase of the boat followed by a regular monthly (or annual) fee for ongoing support, facilities and upkeep.

While the number of owners is usually between four and eight, it is often possible for a single owner to buy multiple shares if he thinks his likely regularity of use justifies it. But in all cases, at the end of the agreed period of joint ownership (usually four years) the boat tends to be sold and the proceeds split between the members in accordance with the size of each member’s share. Again, the logistics of prepping, marketing and selling the boat can often be taken on by the organising agency rather than the owners – and once the boat is sold, each member is then free to reinvest his share in a fresh four-year ownership programme with a new boat.

The YachtQuarters programme

YachtQuarters is the shared ownership scheme operated by Princess Motor Yacht Sales. Like most fractional ownership programmes, it is designed to deliver all the joy of ownership with far less in the way of logistical complication and cost. Where it differs most notably is in the provision of a complete management and maintenance operation that includes everything from the bed linen and towels to a crew and concierge service. Overseen directly by Princess Motor Yacht Sales, it brings the outgoings of ownership under control with simple, transparent fees and it removes much of the stress of complicated and critical decisions relating to yacht ownership.

Each of the eight available shares on a boat entitles the owner to four weeks of use, spread evenly throughout the year. That leaves 20 weeks spare for essential upkeep and maintenance – and because your yacht is cared for by a dedicated team of Princess professionals, with all the industry contacts and technical expertise that a global operation brings, you get the pleasure of using an impeccably maintained yacht, alongside the reassurance that your financial stake is being properly safeguarded.

To find out more about YachtQuarters, our shared ownership scheme, visit our pages at www.princess.co.uk/yachtquarters.  If you would like to simply make an enquiry and see what’s available, contact us at [email protected] , or call our team on +44 (0)1489 557755.

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