CHARTER MANAGEMENT   

 

CHARTER MANAGEMENT PROGRAME

We offer the program of your boat management which has already been used and recognised as a good deal model by many charter companies and satisfied yacht owners.

You can become a yacht owner with minimal investment and enjoy all the benefits and advantages of yacht ownership without taking care of yacht maintenance, keeping your money and your time. 

WHY to go in with us:

  • we are the owner of 13 yachts - we know how to work with this

  • our experienced team ready to give full power care about your boat

  • your booking calendar depends on your own wishes and business plan (we provide minimum 16 weeks charter per season)

  • we provide financial security with insurance against loss of charter income

  • we support high maintenance standards ensure best resale value for your yacht regardless of its age

  • our partners are ready to provide you special purchase conditions for your yacht into our agreements

  • we keep high-quality aftersales support with prompt processing of claims throughout warranty

  • our head office deliver you transparent cash flow reports through constant insight in income and expenses

  • you get profit to cover all yearly costs an using up to 4 weeks for your own holiday on board

If you would like to own a yacht but you are not sure you could finance it, maintain it or you do not have enough available time to use it as much as you would like to, Charter Management is the best choice for you.  Join our charter management program and carelessly enjoy in your dreams coming true.

The program is create to help you find the easiest way to finance the purchase of the yacht and its maintenance out of charter income while requiring the lowest possible initial investment.

 

We can offer 2 variants of Charter Management program. Depends on it' model the yacht owner has different conditions on financing , charter booking plane and yacht range to chose. 
 

To become a yacht Owner

Intended for those who are aiming for maximum return on investment and flexibility in their holiday planning. The charter income is shared in 65% – 35% ratio in favour of the investor. The investor purchases the yacht in his name or in the name of his company and is more actively involved in the yachts business operations. A 30% down payment is sufficient to purchase a yacht while the rest can be financed by leasing. The charter income should cover the leasing annuities and the costs of maintenance, insurance and berth while, depending on the down payment amount, the investor can expect additional profit. This model also offers greater discounts when purchasing a yacht.

With this charter management model, there is more flexibility in choosing the yacht and its equipment.

To become our Partner

Intended for those who do not want to own a company and actively participate in the yachts business operations, or to be more exact, those who only want to use the yacht for up to 3 weeks a year and do not want to have any cares/obligations regarding the yacht. The investor pays 60% of the yachts value (depending on the yacht model) and the charter company pays the rest. The investor becomes the sole owner of the yacht after 6 seasons of chartering. The charter income is not shared with the investor thus to cover the purchase, maintenance, berth and all other additional costs.

With this charter management model you can choose only certain yacht models equipped by our specification.

To chose the yacht

In the Hanse Yachting World Ownership model, the final decision is yours, regardless of what specific model or number of cabins you choose. However, in order to make your purchase more favourable we will recommend the most profitable Hanse models according to our professional experience. Moreover, with detailed calculation of cost and income, we will present the cost-effectiveness of particular yacht models in order to help you find the most suitable yacht that will match your personal and financial needs. With the Hanse Yachting World ownership model you will have greater discounts when purchasing a yacht.

In case you already own a yacht you can still join our program. Feel free to contact us and earn additional income with your yacht.
In the Hanse Yachting World Partnership model, you can choose only from our own selection of yachts that are equipped by our specifications in order to guarantee sufficient bookings for the return of our costs and investment.

YACHT MAINTENANCE PROGRAM

IF YOU ARE INTERESTING IN YACHT MAINTENANCE ONLY

WE CAN OFFER YOU OUR TECHNISIAN SERVICE TEAM

TO PROVIDE SUPPORT AND REGULAR HANDLING OF YOUR YACHT

AT OUR BASE IN MARINA KASTELA. 

FAQ

How to register the yacht to put it in Charter Management?


In the Ownership model you can buy the yacht in your name or in the name of your company and register it accordingly. Still, only a company has the right to claim VAT reimbursement which significantly affects the final price of the yacht as well as the prices for yacht maintenance, berth and so on. This is why we suggest opening a company in the EU if you do not have one. The yacht has to be registered in the EU, meaning that it has to have an EU country flag and that includes Croatia. The process of founding a company in Croatia is rather simple and it costs about 3.500 EUR (26.000 HRK) of which 2.500 EUR is basic capital that can be used afterwards. We offer full support in the process of founding and running a company. In the Partnership model, the yacht is purchased and registered in the name of our charter company under a Croatian flag while you mortgage the yacht to secure your investment. After 5 and a half years, the ownership is transferred to you and you can register the yacht in your name. When assuming ownership of the yacht you have to pay the 25% VAT on the yacht’s remaining value (market value or book value, as considered by the local tax authority, which is usually between 50% and 60% or the initial purchase price).




What about Yacht Maintenance?


Sometimes the build year of the yacht is not that important – regardless of the yachts age, a properly maintained yacht is the only way to a satisfied charter guest and at the same time the key to a successful business process. Consequently, our professionally educated staff constantly supervises the condition of the yacht and its equipment. With regular services we act in advance in order to prevent any bigger malfunctions and to provide a safe and high quality vacation for charter guests. With continuous supervision and maintenance we ensure the longevity of your yacht and equipment as well as a higher price in charter and a higher market value when you decide to sell the yacht. The owner of the yacht has a permanent insight in maintenance processes and their cost – the yachts that we hold in our bases are the best evidence of the quality of service that we provide. We guarantee high-quality aftersales support with prompt processing of claims throughout warranty and after the warranty has passed. In fact we will make all the warranty claims for you to ensure the yacht is always in top condition.




How is the Charter Income shared?


Charter income is shared in proportion 65%-35% in favour of the investor. Out of 65% of the charter income the investor finances:

  • annual berth
  • all-risk yacht insurance (Casco) including insurance against loss of charter income
  • yacht maintenance
Out of 35% of the charter income the charter company finances:
  • agency commission for sub-agents
  • marketing and promotion for the yacht
  • charter booking
  • coordination, reception and support for the charter guests
In other words, we are paid for booking the yacht either directly or in cooperation with partner agencies and for taking care of charter guests. The remaining income goes to the yacht owner. Charter Management Partnership The charter income is not shared with the investor as the charter company takes care of all the running and maintenance costs. Out of the charter income the charter company finances:
  • annual berth
  • all-risk yacht insurance (Casco) including insurance against loss of charter income
  • yacht maintenance
  • agency commission for sub-agents
  • marketing and promotion for the yacht
  • charter booking
  • coordination, reception and support for the charter guests




How much I can earn with Charter Management ?


Profit of the yearly money flow depends to the yacht model and agreed booking calendar. Average money revew looks like this: 45 feet - Income 30.000 - Costs 12.000 - Shared 35% 10.000 Charter Company - 18.000 Yacht Owner 55 feet - Income 50.000 - Costs 18.000 - Shared 35% 11.200 Charter Company - 20.800 Yacht Owner Catamaran 50 feet - Income 70.000 - Costs 20.000 - Shared 35% 17.500 Charter Company - 32.500 Yacht Owner The annual expenses do not include leasing or loan annuities as this is subject to change according to your financing plan and initial deposit. NOTE:
Prices do not include VAT. Purchase price is subject to change depending on date of purchase and effective Hanse Yachts pricelists. Quotes correct at the time of print.
All of the above is for illustration purposes only.





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