Maybe, maybe not…...
Hey Charlie Brown
Looking to put your catamaran under charter management?
Before you hand over your 1.5 - 2.5 million $ EURO GBP investment to a stranger, let us check them out!
OK, so you know what catamaran that you want to buy, you have found the perfect boat, it helps to justify spending that hard earned money. Your spending X amount on a charter every year, You love the catamaran lifestyle, those fluffy white clouds, blue sea, white sandy beaches with the gentle waves lapping against the beach in the shallow water on the other side of the reef tied to one of those emerald green gentle swaying palms, So you decide to buy your own with your idyllic picture of exploring the Caribbean, BVI’s or the Bahamas or even planning to do a circumnavigation or explore the Mediterranean, when you retire. It is no doubt an attractive proposition to work out a 5 year chartermanagement plan, with the prospect that at the end of the program the boat becomes yours.
When it Works and when it doesn’t
For a Start there is a huge tax advantage for U.S. Clients that puts things into perspective and if your program is put together properly it can really work for you,
But, there is a big BUT!
Projected income and actual income that goes into your pocket and helps pay for your catamaran is another thing!
From large Companies to Small ones many come up with some wild and wonderful ways to tempt you to buy a catamaran and place it under charter management. They lie through their teeth, baffling you with projections and figures that are blatantly, incorrect.
Lets face it, nobody buys any yacht and really wants to put it into any Management program and really want somebody chartering their pride and joy, getting it stuck on a reef, caught in Hurricane Rupert or trashed by unruly charterers. You have heard the horror stories I am sure.
They also tell you that when your boat in 5 years comes out of their program depreciation is X and they put your catamaran in the same state, as what it was when you handed to them 5 years previously. They do not mention the general ware and tear except in the small print. Generally they have a captive audience with their charter clients, who get fed the advertised selling price that is generally much higher than the selling price of the catamarans manufacturer. They do not tell you about the huge discount from the builder that they get for selling the catamaran and putting catamarans through their program. In other words their margins are already made without a single charter. All of the main production builders appear to work this way.
Through Worldwide Catamarans you buy your catamaran at the yard price, not the inflated operator price.
Every Management program is different, different locations, different brands, different sized catamarans, different mooring costs, different options, different percentages. Just imagine a Charter Company, who does what it says on the tin! If they look after your boat like it is their own, if its bareboat the properly check the charterers sailing credentials, experience and qualifications and assess them prior to them leaving the marina or immediately put a qualified catamaran experienced Skipper on board.
If you need a Finance Company, who will take the Charter revenue into consideration as income servicing your loan and secured on the boat or property. Your insurance Company, who will cover your Charter clients and operator.
Worldwide Catamarans working with Samuel Hayek TrueYacht oversee every aspect for you, if you buy you catamaran through us, or anyone else. From mooring fees, insurance, income, expenditure, maintenance, projected income everything in black and white liaising through both yourself and the management company, they take care of you and your investment.
Of course they charge you a set up fee, but in the scheme of things to handle everything for you is a weight off your mind. Real facts, real figures, real monitoring of realistic projections, so you can see exactly what you are getting yourself into.
Worldwide Catamarans work with a large network of Multihull Charter Management Company’s and Charter Operators throughout the world offering Charter Management opportunities, Boat as a Business as some Companies like to call it! We can offer catamaran charter’s both bareboat and luxury crewed charters everywhere on this planet! Looking to buy a new catamaran On a 5 year plan We can show you a way to own your catamaran before your to old to enjoy it !!! You own a catamaran already, don’t want to leave it tied to the dock for 8 months, when you’re too busy to use it, then why not let it work for you? We can also work the programs with older vessels.
WORLDWIDE CATAMARANS have chosen to work with VOYAGE YACHTS the VOYAGE 510 and the VOYAGE 590 built in Cape Town South Africa, who do a “Charter Version” and an “Owners Version” They also offer a flybridge and a non flybridge version, all suitable for charter. They are easy to maintain, shaft drive, something goes wrong you can get at it without taking the boat apart and hold their resale value extremely well.
Really, if you want an owners version why not, it will charter just as well, many prefer it and many of our clients want to try before they buy.
Properly Managed it works, not properly managed it doesn’t! Let's work together in a program that won’t let you down….
Why we work with VOYAGE YACHTS
- 32 Years building experience building catamarans for the Private and Charter Market
- Reduced Tariffs importing into the US Market
- Shaft Drive
- Flybridge or non flybridge options
- Galley Up or Down
- A nice Company to do business with
- A host of unique selling points that we know you will love because we love them too!
Brochure and Price lists on request.