Monocle Fractional Yachts has new ownership opportunities available in multiple vessels throughout the world. Currently Monocle is offering a try before you buy option.
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Monocle Fractional Yachts, a global yacht management company headquartered in Fort Lauderdale has new availability on some of the best yachts in the fleet. Monocle offers a truly unique program allowing for affordable, hassle free yacht ownership.
Yachting for most people is synonymous with the ultra wealthy. While yachting may never be a middle class hobby, the aim of Monocle is to bring the amazing yachting lifestyle to those who otherwise would not be able to afford it or manage it. This concept of Monocle’s is known as fractional yachting, akin to a timeshare but for a yacht.
Why choose fractional?
Monocle brings together groups of individuals who appreciate the joy and enviable lifestyle of yacht ownership without any of the headaches, responsibilities, or prohibitive cash outlays inherent with yacht ownership.
Purchasing a fractional share in a yacht is a safe investment with low initial capital requirements, minimal costs toward operating expenses and when you choose to sell your share, it’s quick and easy. Since most yacht owners only use their vessels three or four weeks a year, fractional ownership has become the perfect choice over sole ownership and is 1/4th the cost of chartering.
How does the program work?
The cost of each yacht is initially divided into 10 shares with each 10% share entitling you to two weeks of use twice a year in different exotic locations. You can purchase as many shares as you will use. With the one time purchase of a share you become a shareholder in the LLC that owns that particular yacht.
The group shares in the operating expenses, the use of the yacht, location and all major decisions. An exciting benefit of this program is the unique opportunity to exchange weeks on other yachts in the fractional program throughout the world, and even more exciting is the ability for people to try before they buy.
Loren Simkowitz, owner and founder of the Monocle Fractional Yachting Program had this to say, “This is a unique opportunity to open up the yachting lifestyle to far more people. When you also consider that most yacht owners spend between 2-4 weeks a year on their vessel what’s the point of owning and maintaining it all by yourself? This program just makes financial sense both for people who cannot afford a yacht outright and those that can but would prefer to forego the headache of yacht management when they only spend a fraction of their time on the vessel in the first place.”
Monocle offers a very attractive try before you buy the option. Allowing potential fractional yacht owners the ability to charter the boat for a few weeks before actually buying into the program, and if the decision is made to enter into the program the cost of the charter is applied towards the fractional share of the yacht.
For more information visit Monocle Yachts.
Contact Info:
Name: Loren Simkowitz
Email: Send Email
Organization: Monocle Management Ltd
Address: 1040 Bayview Dr # 528, Fort Lauderdale, FL 33304, United States
Phone: +1-954-563-5808
Website: http://monocleyachts.com/
Source: PressCable
Release ID: 88948708
