Why Fractional Solutions?
Simple...The average privately owned yacht is rarely used more than twenty days a year. Unfortunately, costs accrue for the other 345 days! Mooring, maintenance, insurance, crew and electricity are fixed operating costs for any yacht and more so for yachts between 26 and 45 metres overall.
Over twenty years ago fractional ownership of business jets became the norm so that utilisation and costs could be spread over a greater number of hours and owners. The business model is well proven and now is the time to apply the same disciplines to large yacht ownership.
Fractional, or co-ownership, is a formal relationship between two, three or four persons with shares equating to 100% ownership of the vessel through a corporate structure or Special Purpose Vehicle, 'SPV', incorporated uniquely for each vessel.
Fractional Solutions and its principals have individually been owners of large yachts for over thirty years. With our broad knowledge and ‘hands on’ experience we can organise and manage a vessel from purchase, registration, crew sourcing and moorings to legislation, taxation and charter contracts in your chosen location.
Generally, we do not organise co-ownership on new vessels as the initial depreciation is one of the most significant costs which cannot be mitigated. Today, there is a wide choice of pre-owned vessels of the very highest standard which can be purchased at a fraction of their new-build cost.