Being a sole owner of a yacht can require a considerable initial expenditure and comes with high annual running costs including maintenance, crew, mooring fees, insurance, winter storage and overall management costs which are often underestimated by owners. SeaNet’s unique co-ownership model provides owners with all the benefits of being a sole owner at a fraction of the costs that are often underestimated by first time buyers. The percentage of SeaNet co-ownership can be sold at any time.
Annual SeaNet costs include a 15% management and 85% maintenance fee, crew costs, insurance and home port mooring fees, with all costs including VAT. The only costs that each SeaNet co-owner are responsible for, are the costs of their own fuel, food and beverages when on board their yacht and their transit port fees.