In this example you buy a 5% share of a $3,000,000 yacht for $300,000. This “one time” purchase price entitles you to use the vessel 2 weeks per year until you decide to sell your share and of course receive the residuals. A great example might be two weeks spent in the Caribbean or two weeks in New England or the Mediterranean.
The yearly operational costs are split amongst the fractional owners based on a percentage of ownership (a 5% owner pays 5% of expenses). The total expected annual operating expenses for a 100’ three stateroom yacht with a crew of three in our program is $300,000. Your 5% contribution would only be $15,000 a year.
Our program will save you millions of dollars on the initial capital investment of a yacht; in addition to the enormous yearly savings on maintenance and operating costs. This is because of our tremendous fleet purchasing power and purchasing wisdom and contacts.
EXAMPLE:
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TOTAL YACHT PURCHASE PRICE |
$3,000,000 |
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YOUR TOTAL 5% INTEREST COSTS |
$150,000 |
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TOTAL ANNUAL OPERATING EXPENSES |
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THE ONLY OTHER COSTS ARE YOUR CONSUMABLES WHILE ONBOARD. Estimate food, fuel, dockage at $3-5,000 per week. There is no tipping.
We truly believe that we here at Monocle have put together not only the most affordable yacht ownership package but also one that offers the best luxuries you can get when buying a yacht.
If you are interested in becoming a fractional owner than click the contact us link below or call us today.
Contact Us or Call 954.532.8023
