Monocle Fractional Yachts program advantages
Monocle Fractional Yachts program advantages
What is Fractional Ownership?
Fractional ownership is a form of ownership where you buy only the portion that you will use, or sell the portion/ fraction that you do not use. It is perfect for yacht owners and buyers who want the yachting experience with no hassles and no waste of their financial resources.
WHAT ARE THE ADVANTAGES?
There are multiple benefits of fractional yacht ownership. In addition to the obvious ones of sharing in the cost of the initial purchase and the annual operating expenses, there are:
- 1. You receive all the pride and privileges of sole ownership at a fraction of the price.
- 2. You do not pay for something 365 days a year and only use it a few weeks a year.
- 3. Owners are able to exchange their weeks on other yachts in the program throughout the world.
- 4. Our owners are not burdened with any aspects of the daily operations such as crew, vendor negotiations, repairs & maintenance, scheduling and accounting.
- 5. Current owners can turn their idle asset into immediate cash by simply selling the portion they don't use. They can pull out those tied-up equity dollars and simultaneously spread the annual costs of ownership by selling 10%, 20%, 50% or any percentage they choose through the Monocle Fractional Program. Closings are timely so current owners realize immediate benefits.
- 6. Comprehensive management