Have you ever dreamt of having a yacht of your own? We believe that you have, at least once in your life. Make your dreams come true......with our Yacht charter management program you can finally become the owner of your own private yacht.
What is Yacht charter management?
Our Yacht charter management program is essentially our range of services that ensure our care of your yacht and its charter guests, making sure that your yacht reaches its maximum charter income potential and retains as much value as possible over the years. This program is designed to provide you with the easiest way to own your own yacht by financing the yacht’s purchase, its maintenance, and running costs out of charter income.
Why Should I go for the Yacht Charter Management Option?
Croatia Yachting is an authorized dealer for Hanse Yachts, Dehler, Sealine, Fjord, and Bali Catamarans and can therefore offer special purchase conditions, high maintenance standards that will ensure the best resale value for your yacht, and high-quality after-sales support with prompt processing of claims throughout warranty. In addition to that, Croatia Yachting is one of the most successful charter companies in Croatia, with an in-house charter/booking agency, that will enable you to cover all your ownership costs through charter income and arrange favorable financing through affiliate leasing companies.
Taking into account that Croatia Yachting takes care of all the aspects of acquiring a yacht for charter management, arranges leasing, provides a berth, and charters the yacht for you it is truly a one-stop-shop for you as a charter management client.
With charter bases located on the Croatian coast, you are all set to spend your sailing vacations on one of the most beautiful coastlines and the main charter destination in the world.
We would like to stress the fact that a discount is not the most important factor when buying a yacht for charter. The most important factor is the purchase price/charter income ratio supported by a strong charter company that is able to achieve good booking results for your yacht. We, as one of the biggest charter companies in the area, are able to provide such booking results for your yacht.
Some advantages of our charter management program are:
- excellent booking results, with more than 20 weeks per season (fleet average of 21,5 weeks/yacht)
- financial security with insurance against loss of charter income
- high maintenance standards ensure best resale value for your yacht regardless of its age
- special purchase conditions for your yacht
- high-quality after-sales support with prompt processing of claims throughout the warranty
- favourable financing conditions through affiliate leasing companies
- transparent cash flow reports through constant insight in income and expenses
If you would like to own your private yacht but you are not sure you can finance it, maintain it or you do not have enough available time to use it as much as you would like to, our Yacht charter management is the best choice for you.
Advantages of the Croatia Yachting Charter Management Program
Croatia Yachting is an authorized dealer for Hanse Yachts, Dehler, Sealine, Fjord, and Bali Catamarans and can therefore offer special purchase conditions, high maintenance standards that will ensure the best resale value for your yacht, and high-quality after-sales support with prompt processing of claims throughout warranty. In addition to that, Croatia Yachting is one of the most successful charter companies in Croatia, with an in-house charter/booking agency, that will enable you to cover all your ownership costs through charter income and arrange favorable financing through affiliate leasing companies.
Taking into account that Croatia Yachting takes care of all the aspects of acquiring a yacht for charter management, arranges leasing, provides a berth, and charters the yacht for you it is truly a one-stop-shop for you as a charter management client.
With charter bases located on the Croatian coast, you are all set to spend your sailing vacations on one of the most beautiful coastlines and the main charter destination in the world.
We would like to stress the fact that a discount is not the most important factor when buying a yacht for charter. The most important factor is the purchase price/charter income ratio supported by a strong charter company that is able to achieve good booking results for your yacht. We, as one of the biggest charter companies in the area, are able to provide such booking results for your yacht.
Some advantages of our charter management program are:
- excellent booking results, With Croatia Yachting’s established presence in the Croatian charter market, your yacht is likely to enjoy strong booking results. Fleet averages are impressive, with yachts regularly booking over 20 weeks per season.
- financial security The program offers peace of mind with insurance covering the loss of charter income, so you’ll always have financial support
- high maintenance standards: Regular maintenance ensures that your yacht remains in top condition, which not only provides the best experience for charter guests but also increases the resale value of your yacht.
- high-quality after-sales support with prompt processing of claims throughout the warranty
- transparent Financial Reports: You’ll receive detailed, transparent reports on your yacht’s income and expenses, so you’re always aware of the financial performance of your investment.
- favourable financing conditions Through affiliate leasing companies, Croatia Yachting provides favorable financing options to make yacht ownership more accessible.
- after-Sales Support: Croatia Yachting offers high-quality after-sales support, ensuring that your yacht is always in the best condition, even after warranty periods.
For those looking to enter the world of yacht ownership with minimal hassle, the Yacht Charter Management program offers a smart and lucrative pathway to enjoying the lifestyle and benefits of owning a yacht.
How to finance the purchase?
We offer two different models of charter management.
In the Ownership model, the purchase of the yacht can be financed in different ways: savings, loan or leasing. Still, the most suitable and common way of yacht purchase is leasing. The purchase is financed with a deposit that is usually between 35% and 50% of the purchase price while the minimal deposit required by leasing companies is 30% of the purchase price. The rest is paid in monthly or quarterly annuities. We will provide the most convenient sources of funding through our cooperation with leasing companies known for their lasting professional experience in yacht financing. You are free to take care of the yacht purchase in your own arrangement if you wish to do so. With the Ownership model the investor’s charter income should cover the monthly leasing or loan annuities along with all the other costs. The leasing is all paid for after five to seven seasons depending on your financing plans.
In the Hanse Yachting World Partnership model, the investor needs to finance 55% - 60% of the yacht's purchase price (depending on the boat model) while the charter company pays the rest. The investor's share cannot be financed with a lease as the investor does not become an owner until the end of the 5-and-a-half-year period. After 5 and a half years in the program, the purchase of the yacht is fully financed and the investor becomes the sole owner of the yacht.
Do I have to sign a long-term contract?
In the ownership model, the contract is signed for an indefinite period of time and you are able to cancel the contract at the end of each season before the bookings for the next season start.
In the Partnership model, the contract is signed for the period of six charter seasons. After the contract expires, you can continue with charter management by signing a contract for the Ownership model of charter management.
How is the charter income shared?
In the Ownership model, the Charter income is shared in proportion 65%-35% in favor of the yacht owner.
Out of 65% of the charter income the yacht owner finances:
- annual berth
- all-risk yacht insurance (casco) including insurance against loss of charter income
- yacht maintenance
Out of 35% of the charter income the charter company finances:
- agency commission for sub-agents
- marketing and promotion for the yacht
- charter booking
- coordination, reception and support for the charter guests
In other words, we are paid for booking the yacht either directly or in cooperation with partner agencies and for taking care of charter guests. The remaining income goes to the yacht owner.
In the Partnership model, the charter income is not shared with the investor as the charter company takes care of all the running and maintenance costs.
Out of the charter income the charter company finances:
- annual berth
- all-risk yacht insurance (Casco) including insurance against loss of charter income
- yacht maintenance
- agency commission for sub-agents
- marketing and promotion for the yacht
- charter booking
- coordination, reception, and support for the charter guests
How do I select a Yacht model?
When choosing a yacht the final decision is yours, regardless of what specific model or number of cabins you choose. However, in order to make your purchase more favorable we will recommend the most profitable models according to our professional experience. Moreover, with detailed calculations of cost and income, we will present the cost-effectiveness of particular yacht models in order to help you find the most suitable yacht that will match your needs.
Contact us to get a detailed income and cost projection for a desired Hanse, Dehler, Sealine, and Fjord yacht or Bali Catamaran.
In case you already own a yacht you can still join our program. Feel free to contact us and earn additional income with your yacht.
What about yacht registration?
You can buy the yacht in your name or in the name of your company and register it accordingly. Still, only a Croatian company has the right to claim VAT reimbursement which significantly affects the final price of the yacht. Therefore we suggest opening a company in Croatia if you do not have one. In that case, the yacht has to be registered in Croatia. The process of founding a company in Croatia is rather simple and it costs about 3.500 EUR (26.000 HRK) of which 2.500 EUR is basic capital that can be used afterwards. We offer full support in the process of founding and running a company.
What about yacht Maintenance?
A properly maintained yacht is the only way to a satisfied charter guest and at the same time the key to a successful business process. Consequently, our professionally educated staff constantly supervises the condition of the yacht and its equipment. With regular services, we act in advance in order to prevent any bigger malfunctions and to provide a safe and high-quality vacation for charter guests. With continuous supervision and maintenance, we ensure the longevity of your yacht and equipment as well as a higher price in charter and a higher market value when you decide to sell the yacht. The owner of the yacht has a permanent insight into maintenance processes and their cost – the yachts that we hold in our bases are the best evidence of the quality of service that we provide.
As an official representative for Hanse, Dehler, Sealine, Fjord yachts, and Bali Catamarans we guarantee high-quality after-sales support with prompt processing of claims throughout the warranty and after the warranty has passed. In fact, we will make all the warranty claims for you to ensure the yacht is always in top condition.
What if the yacht gets damaged?
All yachts in our charter fleet are covered with a full CASCO insurance policy. Damage repair costs are covered firstly by the charter client responsible for the damage and secondly by the insurance policy. Repairs are done either by us as, an official representative, or a third-party specialized service, depending on the nature of the necessary repairs.
How do I get to use my yacht?
In the ownership model of our charter management, you can use your yacht as much as you want but the more you use your yacht the less income you can expect. For the charter income to cover your financing, maintenance, berth, and other expenses we recommend up to three weeks per season. You can also use your yacht whenever it is not booked for charter.
When using the owners’ week, the owner is supposed to cover only the costs of yacht preparation and local taxes without paying the charter fee. Just call and book the vacation on the yacht – we will take care of everything else.
In the Partnership model, you can use the yacht for up to 3 weeks including 2 weeks in high season.
When using the owners’ week, the owner is supposed to cover only the costs of yacht preparation and local taxes without paying the charter fee. Just call and book the vacation on the yacht – we will take care of everything else.
In what condition is the yacht after the program and what is its market value?
In a very good and fully functional condition. Of course, the result of chartering is a higher level of wear of the yacht, which can be taken care of with minimal investment and reconstruction. In any case, the charter yachts in our fleet are in better condition than many private yachts, due to the fact that they are constantly supervised and regularly maintained by professionals in our charter company.
In our experience, after 5 years in the Charter management program, the yacht’s market value is roughly 65% of its initial purchase value.
Read more about our charter management on:
Croatia Yachting - Charter Management
Hanse Yachting World Charter Management
Bali Yachting World Charter Management
