masthead image

The example costs set out below are based on average asking prices of an Elegance Dynasty 95 (layout above) based in EU waters at £1.6M VAT paid. 2001 model with substantial refit/refurb in 2009/2010.

Charter rates are based on 2011 Mallorca season May through to October

Elegance 95 layout
Offset: ten weeks charter on WMT at £30,000 per week after commissions = £300,000. Fuel charged to client at cost
Stage 3 costs: £12,000 per quarter share per annum, payable monthly. Unused monies put to routine winter refit &refurb
Stage 2 costs: Mooring £75K pa + Captain, Ist Officer, Deckhand/Engineer, Stewardess = £240,000 pa; £60,000 pa per Share
"I chartered my 86' Versilcraft out of Palma for eight weeks in the first season and eleven weeks in my second season. At £26000 per week after commissions my use the rest of the year was effectively 'free'.... "
example
Structure
locations
crewing
charter
ownership
maintenance
FAQ's
Our Team
contacts
privacy
Links
How costs are calculated.......

There are three stages in calculating the quarter-share valuation and the annual operating budget. Stage one is the basic purchase:

The second stage is indentifying fixed costs:

The third stage is an annual contingency budget:

 

Elegance 95 Dynasty 2001
SPV
Stage 1 costs: £ 1,620,000 including one-off SPV charges. Quarter Share £ 405,000