This
new Yacht Shared Ownership
program enables costs
to be shared by 2, 3 or
4:
the acquisition cost of
your new boat, fully equiped
and ready to cruise safely
in the Mediterranean sea,
the recurrent fixed costs
(harbor, insurance, maintenance,…)
;
You
enjoy your boat
according to the chosen
ownership model:
during the peak summer
period (July, August)
you may organize your
cruise that will be 2,
3 or 4 weeks long (depending
on your share) from the
base harbor; cruise combinations
with the other co-owners,
in order not to come back
to the base harbor, are
possible;
for the rest of the year,
you can enjoy your boat
for one week a month (for
a quarter share), one
week every three weeks
(for a third share) or
every other week (for
a half share), ideal for
long week ends !
The planning
is fine tuned every year
to maximize your satisfaction;
| quarter
ownership |
11 weeks
per year: 2 in summer
and 9 for the rest
of the year |
| third
ownership |
15 weeks per year:
3 in summer and 12
for the rest of the
year |
| half
ownership |
23 weeks per year:
4 in summer and 19
for the rest of the
year |
Your
boat is fully managed
by Movado Marine
which handles the following
for you:
a place in harbor within
the area of your choice,
all administratives hassles
such as insurance and
local tax matters,
general routine care of
your boat including regular
cleaning,
comprehensive maintenance
(yearly hull painting,
engine revision,etc...),
organizing a co-owners
yearly meeting for, among
other things, validating
the past shared expenses
and voting the next budget;
You
really own the share of
the boat
through the boat's registration
documents where your ownership
share is stated or, in
option, through a dedicated
company (a "Société
Civile") formally
issued for the co-owners,
that better protect them
on a legal basis,
so that you may re-sell
it through Movado Marine
at any time during the
program.
You
may exit this program
at the end of it, after
10 years, where the boat
is sold and the subsequent
proceeds returned to the
co-owners,
at anytime before the
end of the term by selling
your share through the
Movado Marine network.
|