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What is fractional
ownership?
Fractional ownership is a form of ownership where you buy the portion that you will use. It is perfect for yacht owners and buyers who want the yachting experience with no hassles and no waste of their financial resources. Each yacht is divided into fractional shares entitling each owner a percentage of the boat. The total operating expenses such as insurance, moorings and winterization are divided on a percentage of ownership.
What are the advantages?
There are multiple benefits of fractional yacht ownership. In addition to the obvious ones of sharing in the cost of the initial purchase and the annual operating expenses, there are:
1. You receive all the pride and privileges of sole ownership at a fraction of the price.
2. You do not pay for something 365 days a year and only use it a few weeks a year.
3. Owners can exchange their weeks with other syndicate members throughout the year.
4. Our owners are not burdened with any aspect of the daily operations associated with running and operating a yacht.
5. Current owners can turn their idle asset into immediate cash, by simply selling the portion / weeks they do not use.
Has fractional ownership become more popular over the years?
As pioneers of fractional yacht ownership, we have seen the demand for these benefits increase exponentially. With increased media coverage and yacht manufacturers entering the fractional yacht industry, the world wide demand is increasing year after year. Fractional yacht ownership is really the only viable alternative as the cost of yachts and yacht ownership has become prohibitive. We encourage current boat owners to enroll the unused portion of their boat through Magellan Lloyds syndication program.
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