FinancialsEnjoy luxury yachting
through smart ownership
Owning 100% of a yacht requires a considerable initial purchase and comes with high annual running costs which are often underestimated by owners and include maintenance, crew, mooring fees, insurance, winter storage and the overall management costs. With a 25, 33, 50 or 75% SeaNet co-ownership, you can enjoy all the benefits of owning a yacht at a fraction of the cost of being a sole owner.
The percentage of SeaNet co-ownership can be sold at any time, and only annual charges apply which start from 600,000 EUR (for a 28-metre yacht) and are shared by all the owners, ensuring that those who choose to co-own a yacht with four people will pay on average 150,000 EUR, depending on the size of the yacht and location of its home port.
Annual SeaNet costs include a 15% management and 85% maintenance fee, crew costs, insurance and home port mooring fees, all SeaNet yacht costs are inclusive of VAT. Each co-owner is responsible for the costs of their own fuel, food and beverages when on board their yacht, and transit port fees.
A combination of private and commercial use of your yacht is a great way to optimize investment and ensure reduced running costs. SeaNet offers a charter management programme which allows co-owners to charter their yacht when it’s not in use. In addition to maintenance of the yacht, SeaNet will also take care of bookings and make all the necessary arrangements for charter, ensuring that it’s a totally hassle-free process.
More information about the financials can be found in our brochure.
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Want to know how much you can save with shared ownership?
Contact us and we will give you an example of a financial summary.
Example of a financial summary
|Benetti Delfino 95’||Sole ownership (100%) 1||Co-ownership (75%)||Co-ownership (50%)||Co-ownership (33%)||Co-ownership (25%)|
|Standard list price||€ 8.800.000||€ 6.600.000||€ 4.400.000||€ 2.904.000||€ 2.200.000|
|Standard option prices||€ 1.100.000||€ 825.000||€ 550.000||€ 363.000||€ 275.000|
|Standard yacht price 2||€ 9.900.000||€ 7.425.000||€ 4.950.000||€ 3.267.000||€ 2.475.000|
|Guaranteed annual use||28 weeks||21 weeks||14 weeks||8 weeks||7 weeks|
|SeaNet all-In price 3||€ 10.727.000||€ 8.045.000||€ 5.360.000||€ 3.540.000||€ 2.680.000|
|SeaNet all-In running cost per year 4||€ 600.000||€ 450.000||€ 300.000||€ 198.000||€ 150.000|
|1||100% ownership costs are given for comparisons against SeaNet’s co-ownership model|
|2||Excluding discount, build supervision & coordination, owner supply, jet tender, luxury day boat, trailer, set up legal structure, all commercial fees and VAT.|
|3||Including discount, build supervision & coordination, owner supply, jet tender, luxury day boat, trailer, set up legal structure, all commercial fees and VAT.|
|4||Including 2 x 4 crew in rotation, home port & winter drydocking in Croatia, technical & esthetical maintenance, insurance and all-in SeaNet management.|