Custom Yacht Ownership

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FAQ

What is Yacht co-ownership and how does it work?

Yacht co-ownership offers owners the opportunity to co-own a yacht with multiple owners, creating an immediate saving of up to 75 % of both the initial…

What is the difference between co-ownership and timeshare?

Whereas a timeshare requires people to purchase the right to use a product without actual ownership, with SeaNet’s unique co-ownership model, each co-owner…

How do co-owners typically use their yacht?

Our research has shown that 95% of yacht owners use their yachts for a maximum of six-eight weeks each year, that’s why our unique co-ownership model reflects…

Who selects the cruising region?

Yacht owners love to cruise both the Mediterranean and the Caribbean, that is why each year we suggest incredible itineraries that co-owners can choose…

How about the planning of the weeks / seasons?

SeaNet has a simple and effective rotation model whereby each co-owner takes it in turns to choose their preferred weeks. For example, for an ownership…

How about VAT?

All yachts managed by SeaNet and set up in a co-ownership structure are private/non-commercially registered and VAT paid. Each owner can use their yacht…

Can I charter my unused weeks?

As a co-owner, chartering your yacht when not on-board is not possible as it is a privately registered vessel.

What type of yachts does SeaNet offer?

We offer new and SeaNet approved pre-owned luxury motor yachts between 30 and 60 metres from the most globally renowned brands.

Does SeaNet only offer Azimut-Benetti yachts?

We focus on the needs and requirements of the client to ensure that they have the best yacht for their needs. We have three Azimut-Benetti yachts in our…

Can SeaNet support in building my yacht?

Yes, in fact the founder of SeaNet Europe, Matty Zadnikar is an experienced yacht owner himself and he can share his own experience and knowledge throughout…

How will SeaNet manage the build process of my yacht?

From the initial search for the perfect brand, size, design and configuration, to the contract negotiation, build supervision, delivery, registration and…

What does SeaNet management include?

We offer a fully inclusive service and complete management of your yacht. Our experienced team will present a range of management options that can be tailored…

If I choose to charter my yacht, will SeaNet manage all elements of the charter experience?

Chartering is possible in the case of sole-ownership. In this instance, SeaNet will manage every element of the charter process, from marketing to booking…

Savings on running cost, multiple yachts in our fleet + shared costs

This is a simple economy of scale; we manage several yachts in the SeaNet fleet and this enables us to offer the best rates with our suppliers. As the…

What are the terms of the contract?

There is no fixed term on the contract; co-owners can enter or exit when they choose. We appreciate that personal situations can change over time and typically…

Is there a calculation available which compares full ownership with charter vs co-ownership?

As pioneers of the yacht co-ownership concept our experience has shown that co-ownership is the most preferential option when it comes to the finances…

How do you decide what interiors the yacht has?

Our yachts have a contemporary style that appeals to a large group of owners. However, your yacht is your home from home and that’s why each owner can…

Can I own multiple yachts in the fleet?

Yes, a combination of co-ownerships across multiple yachts is certainly possible and as SeaNet continues to grow we welcome ownership across our SeaNet…

What if an owner damages the yacht or interiors during their time on-board?

Every owner is responsible for the yacht during their time on-board. SeaNet are fully insured for the yacht, crew, and owners.

Why rotational crew and is it more expensive?

SeaNet was one of the pioneers of the rotational crew concept and increasingly we are seeing that it’s becoming the industry norm due to the advantages…

Is there a premium?

Yes, in order to become a co-owner, we have a premium that is included in our price. However, you benefit from savings of up to 84% of the initial price…

Who handles the budget and annual running costs?

We create a completely transparent budget for the yearly running of the yacht which includes all aspects of yacht ownership: full maintenance of the engines,…

How do I join SeaNet?

With SeaNet this is a very straight forward process; we organise a meeting to discuss your needs and requirements and then we create a personalized offer.…