Shared Ownership - Shared Costs Yacht Share Network is a global brokerage dedicated to co-owned yachts. We act as an advisor, ... adding structure and professionalism to help co-owners share a wide range of yachts worldwide. Our inventory of yacht shares currently available is in excess of €85m. We represent individual co-owned yachts and global fractional yacht enterprises. Worldwide exchange of co-ownership weeks where co-owners can temporarily swap their respective weeks between one another, with a range of over 200 yachts moored in the best global yachting hotspots to choose between. Fractional ownership is a commercial proposition that has been around for many decades but has become ever more popular in recent years. It is a method of ownership where several people can own a share in an expensive asset. Traditionally, luxury yachts have been owned by the privileged few at huge expense. Along with the high purchase price comes a significant ongoing cost associated with the yacht’s upkeep, including mooring fees, maintenance, insurance and guardianage. Yacht fractions not only substantially reduces the initial financial outlay; it also offers equivalent savings in the ongoing operational expenses. Yet it doesn’t compromise the owner’s use, size or calibre of the yacht or expose them to all of the risks or hassles that accompany ownership of the entire yacht. One simply pays for the time one is on board and somebody else pays when somebody else is on board. This is a very modern approach to better asset management, commonly referred to as the sharing society. Because an independent professional generally handles the management of the yacht, the fractional owners are free to enjoy themselves and are removed from the detailed management issues. Each owner is free to use his/her share of the asset according to the terms of each actual syndicate agreement. #yacht #sharing #co-ownership #fractional read more