Fractional boat ownership is fast growing trend

8:43 AM Thu 30 Oct 2008 GMT

"Fractional ownership is one of the fastest-growing global lifestyle trends. An increasing number of time-poor individuals can no longer justify the expense or the worries of spending millions on assets they hardly use" - Pinnacle Magazine (Aug 2008).

Whilst Bavaria's might not run into the millions, the principle of 'sharing the costs & sharing the time' is certainly growing in popularity within the Australian yacht market. Bavaria Syndicates is starting to receive a number of enquiries from people who own yachts in the $100-150k range who are wishing to pull some equity out of their lifestyle investment while remaining on the water and sailing each week.

Current Offers:
At The Quays Marina, we have a magnificently upgraded three cabin Bavaria 40 Cruiser with its special share offer of $68,983.00. Based on the current RRP for this boat at over $400,000, this represents a saving of over $13,000 PER SHARE! This boat will not last on the open market at this price, so please contact me if you need more details (and don't forget the excellent resale value of the yacht in 3 years time with all the extras included such as autopilot, bimini & dodger, high-tech sails, lead keel, faux leather upholstery, roller furling and more).

Syndicates in development:

As of today, we are speaking with potential owners to put the following boats into these locations, based on five equal shareholders (unless stated):

1. A Bavaria 31 Cruiser at The Quays Marina, Pittwater (self-managed)
2. A Bavaria 31 Cruiser at Lavender Bay, Sydney Harbour (self-managed but with tender service)
3. A Bavaria 31 Cruiser on a private mooring in Rose Bay (self-managed)
4. A Bavaria 34 Cruiser (half or quarter shares) on a private mooring in Pittwater (self-managed)
5. A Bavaria 43 Cruiser (brand new model) at the Quays Marina, Pittwater (fully managed)
6. A Bavaria 43 Cruiser on a private mooring at Church Pt, Pittwater (part-managed)

Bavaria Syndicates Australia offers a three year warranty on all yachts.

Contact Matt Bromhead for more information - syndicates(at)bavariayachts.com.au.

by Matt Bromhead

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Fractional boat ownership is fast growing trend

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