The owner is free to sell their ownership interest at any time. Hear it directly from a yacht owner. (More about income and finances later). 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. 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. Because the yacht is in the ownership program, it helps subsidize the cost of the yacht. 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 … Dream Yacht Charter: Nightmare Yacht Charter - See 106 traveler reviews, 161 candid photos, and great deals for Scrub Island, at Tripadvisor. On January 24, 2020. Duration of the program is 5 years. Hear it directly from a yacht owner. Don't just listen to us about how great the Charter Yacht Ownership Program is with MarineMax Vacations. 2 to 4 depending on the yacht. This variation of our Smart Program lets your share the yacht's purchase price & holiday benefits with up to 2 more owners. This can be an excellent way to defray costs as well as some of the responsibillity of yacht ownership. The boat will be sold at the end of the program. 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. * 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 . Our first chartering experience was with a MarineMax 382. 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. Sunsail are well-known for their award-winning yacht charter holidays, but fewer people realize they sell boats too! - You answered NO: NOT GREAT. The program is not for everyone but i think it solves the challenges many sailors face. Duration of The Program. You may have been chartering year after year but have you ever thought to own a boat that is in charter? 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. The key word is affordable. We caught up with Julian Adams from Sunsail's ownership programme and found out more about their unique take on yacht ownership. Julian, many people are put off by the perceived cost of owning a yacht. Our destinations are the most beautiful and diversified in the market. Upon the sale of the asset, the owners recover a percentage of their initial cost and will be proportionally refunded from the net proceeds. Advantage Ownership Program The Moorings Advantage Program is designed for individuals that want to operate a yacht as a business. It is an affordable way to have a beautiful boat. 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