Renting Vs Owning A Yacht
When it comes to enjoying the open waters, yacht ownership is a popular choice for many people, with many people that charter from us deciding afterwards to purchase their own yacht. While renting a yacht is a great way to experience the thrill of boating, there are several benefits to owning a yacht that can make it a more attractive option.
First and foremost, owning a yacht provides the freedom to enjoy it anywhere in the world that you want, unlike being limited to the destinations that have yachts for rent. With a yacht of your own, you have the ability to explore the open waters at your own pace and on your own schedule, without having to worry about returning back to base on a certain date, or being restricted to certain cruising areas. You can visit new and exciting places without being constrained by where you can rent a yacht.
Another major benefit of yacht ownership is the ability to customize your experience. When you own a yacht, you have the freedom to personalize it to your specific needs and preferences. This can include everything from the layout and design of the interior to the type of equipment and amenities on board. Love Scuba Diving? Add an air compressor to refill those tanks wherever you may be. Big on Water Sports? Have fun water toys on board like subwings, e-foils and seabob’s. Ownership lets you create a truly unique and personalized experience that your family will love everytime you vacation, without needing to worry about whats on board.
You may wonder why people place their yachts into charter management programmes. Owning a yacht does have its associated expenses, but by placing it into charter management for people to rent can not only cover your ownership expenses, but also generate profit for the owner; as well as allowing the owner to enjoy use of their yacht. When running your yacht as a business, you can also benefit from the tax breaks on the depreciation of the yacht.
The trick to making profit on a yacht or catamaran is to buy one that historically has popular bookings, and is priced correctly to enable a profit to be made. As one of the largest Charter Brokerages globally, Yacht.Vacations have the experience & the data to know which yachts will return the most profit for their owners.
In conclusion, yacht ownership offers a unique combination of freedom, adventure, luxury, and investment opportunities. Not only you will have the ability to enjoy the open waters at your own pace and on your own schedule but also can generate profit from renting your yacht, and also benefit from the tax breaks on the depreciation of the yacht. If you’re considering a way to enjoy the open waters, yacht ownership is definitely worth considering as an option.
Considering Buying a yacht for personal use or to place into charter management? Contact us today on +1 (302) 291-1042 or email us at email@example.com & we’ll be happy to help answer any questions you may have.