Can I choose equipment and specification? The foundation partner in a new syndicate selects the options over and above those included How much will my yacht depreciate during the term of the syndicate? Typically a well maintained, non-chartered yacht in will depreciate at a rate of about 7% to 10% per annum.
Can the inventory be expanded during the contract? You can purchase new major equipment for the boat provided 100% of the syndicate members agree. What are the outgoings apart from maintenance and repairs? YSM charge a management fee and then there is the capital cost spread across the three years of the contract.
What is the configuration of the yacht? The configuration is usually the owner version.
Can my friends use my entitlement? Yes, provided the nominated skipper has the appropriate sailing qualifications to be listed on the insurance policy.
What is the price of a share? The price of a share is based on the ex-factory price with the options and varies with each yacht
What if I have no sailing experience? We can help with practical and online tuition to enable you to skipper your yacht. For the Bali 4.4 tuition an online Day Skipper Course and a mandatory 2 day induction onboard with an RYA instructor is included.