How It Works
How does Fractional Ownership work?
The Monocle Ownership Advantage
Under the Monocle Program, Fractional ownership is perfect for yacht owners who want the yachting experience with no hassles and no waste of their hard earned capital. We have owners in the Monocle Program who own 5% of a yacht through to 70%. Many purchase 10% of a yacht for their personal use and another 10% for business use including entertaining, corporate retreats, chartering, and hosting clients. Virtually all of our owners could afford to purchase the entire yacht outright, but do not want the waste that comes with letting a major asset sit idle in port and the hassle of management.
The most common misconception about fractional ownership is that it is a timeshare by another name. This is a mistake. With timeshare arrangements, you do not own a share in a property, merely the right to use that property for a set period of time. When your time runs out, you are left with nothing. With fractional ownership, you own the asset.