ESTABLISHMENT OF PARTNER COMPANY
The Yacht Club covers all the administrative work in relation to establishment of the partner company. After an initial meeting with you as an investor, where we meet your needs, you will be invited to the club meeting where all necessary documentation will be clarified.
PURCHASE OF yachts
The Yacht Club supports all stages of the purchase process to ensure that the owners get the best yacht at the best price. The Yacht Club will, in collaboration with a Surveyor, find the yacht that match the needs of the club.
The lease of the club’s yacht is carried out by LYCC, Luxury Yacht Chartering Company. They ensure all the administrative and practical work associated with the rental to either the owner himself, the owners network/family or third party. The cost of renting the yacht is covered by the monthly expense. The club decide themselves, whether they want to rent the yacht out in periods where the club does not use it.
OPERATION AND MAINTENANCE
An annual maintenance- and upgrading plan will ensure the daily operation and eventuel yacht upgrades. From this point, it is possible to rent the yachts via LYCC and make use of the earnings for the maintenance of the yacht – or simply to reduce the fixed monthly expenses.
It must be presented to the club, if you wish to sell your share of the yacht, as they have the opportunity to buy your share. It is up to you to find a buyer, if the club choose not to buy your share. The Yacht Club can, from this point on, support throughout the whole sales process. The value of your share is assessed by a Surveyor in Isle of Man.
Frequently Asked Questions
Do you dream of owning a luxury yacht?
Why not split the investment with others?
I would like to know more
If you wish to become a part of The Yacht Club, or if you have any questions, The Yacht Club can give you a call.