The Benefits of Yacht Sharing

Cruising azure blue seas on a luxury yacht offers the ideal way to holiday in style. Be it island-hopping the Greek islands, exploring some of the world’s most elegant destinations along the Amalfi Coast or dropping anchor at lesser-known ports of call in the Mediterranean, a yacht offers a private and exclusive sanctuary for intimate holidays or extended family getaways at sea.

Acquiring a yacht is the ultimate lifestyle purchase, but it comes at a cost. Luxury yachts are expensive to maintain, and the associated compliance, crew, and maintenance issues can be complex and time-consuming.

This means many yacht enthusiasts are put off owning their own vessel and instead opt to charter. However, a charter yacht does not offer the same levels of comfort that being on your own boat provides.

Yacht sharing with SmartYacht offers a smart solution, enabling yachting enthusiasts the opportunity to own their own boat at a fraction of the cost. With yacht sharing, you can share your passion for boating with other like-minded people. Keep on reading to discover the four benefits of yacht sharing.

Four benefits of yacht sharing

1 - Cost-effective

Yacht sharing offers a cost-effective solution to yachting. Buying into a yacht share will cost you only a fraction of what yacht ownership typically costs, as the cost of the vessel is spread across multiple owners. Rarely are luxury yachts used year-round. Research indicates that the average yacht owner will only use their boat for about six weeks of the year. However, even when a luxury vessel is not in use, it still costs money to operate. With yacht sharing, you only pay for your usage.

2 - Flexible holidays

Yacht sharing gives you flexible holidays and the option to cruise when and where you like. SmartYacht carefully selects the right shareholders to partner with, accounting for their individual sailing preferences, such as type of vessel, personal requirements, and desired holiday destinations. Depending on your desired usage, you can choose the number of shareholders. For example, you may seek a low number of shareholders if you want to use your yacht multiple times a year; however, you may wish to have a higher number of shareholders if you want to use your vessel just a couple of times a year. This intelligent approach means that we can guarantee the availability of your boat at times that suit you.

3 - Sail with or without a crew

SmartYacht’s unique yacht sharing solution lets you choose your desired crew level. This may mean a full complement of crew, just a Captain, skipper, or no crew at all, giving you complete flexibility. This is especially beneficial for sailing enthusiasts who relish the opportunity of sailing their own vessel and harnessing the power of Mother Nature or for those who seek complete privacy and exclusivity.

4 - Worry-free ownership

Yacht sharing offers worry-free ownership as all the maintenance and operational issues are managed by SmartYacht. We provide a professional yacht management service to ensure the smooth operation of your vessel, taking care of all the details, so you don’t have to. Because the yacht is shared amongst multiple shareholders, any maintenance issues are a fraction of the cost than if you were to own the yacht outright.

Another worry-free aspect of yacht sharing is that you can sell your share at any point, giving you complete peace of mind if owning a yacht no longer suits your lifestyle. Finally, our concierge approach means you’ll never have to coordinate any aspect of your yacht share ownership with other shareholders.

If you want to learn more about the benefits of yacht sharing, contact SmartYacht.