Fractional Yacht Ownership in the Western Med
The Western Mediterranean is famed for its glamorous ports where the nightlife often surpasses the rock-star styled fun filled days at anchor.
This region is very much about active lifestyle yachting, where coming back into port at night to enjoy some land based gastronomic delights and a cool vibe in the bars and clubs, is very much the norm for yacht owners.
Fractional yacht owners in the western Med tend to use their yachts more as a floating holiday home than a passage-maker. Fractional ownership therefore works particularly well in these waters as berthing costs tend to be among the highest in the world, and an idle yacht can become restrictively expensive. Through shared ownership, the mooring is in constant use, balancing-out the value proposition.
Yachts in these waters tend to fall into two primary categories:
• Sleek flybridge yachts designed to offer high occupancy levels of accommodation coupled with ample living space. Sub 60ft yachts often boasting 3 spacious cabins, and over 60ft yachts offering 4 cabins or more. These make ideal holiday-home type fractional yachts, as they are perfectly configured to blend the mix of style and comfort desired.
• Rapid and purposeful looking open yachts to offer extensive outdoor entertaining areas, very much with day boating in mind. These yachts are ideally suited to fractional ownership when combined with a land based holiday home and often bought by villa owners who would like some time at sea but wish to avoid the costs and hassle of outright yacht ownership.
Teak-laid transom platform, cockpit deck and stairs to side decksReversible electric anchor winch with foredeck and helm position controlsSelf-stowing 20kg/44lbs Delta anchor with 40m of chainStainless-steel cleats, fairleads and handrailsRemote control searchlight
Seating with folding teak tableLockable gas strut assisted hatch to the engine roomTransom gate leading to bathing platform with optional electro-hydraulic raise/lower mechanism, foldaway swimming ladder and hot and cold showerLiferaft storage lockerLocker housing 240v shore support inletLocker with remote fuel cocksCockpit coverTransom hatch to stern lazaretteStorage locker for 2 gas bottlesThe V48 Open also incorporates electro-hydraulic bathing platform as standard, aft sunpad and tender garage (up to 3.5m), large seating area aft with fixed teak table, electrically operated canvas sunroof,Wetbar including sink, coolbox and storage with optional barbecue, L-shaped seating opposite the helm and sliding door to lower accommodation
DECK SALOONTriple opening stainless-steel framed sliding doors to cockpitU-shaped sofa and dining tableSideboard unit with glass and bottle storage and refrigeratorElectric opening roofStereo radio/MP3 with saloon and cockpit speakersTimber-laid floorLOWER SALOONSeating area with table (with the option of conversion to double berth or third cabin)24v and 220/240v electrical control panelsStorage lockersStereo radio/MP3 with saloon and cockpit speakers (Open only)OWNER’S STATEROOMLarge double bed with drawers belowWardrobe with shelvesSofaStorage lockers and drawersOverhead and individual berth lightsEn suite bathroomFORWARD GUEST CABINLarge double bed with drawers below (option of scissor berths)Wardrobe with shelvesStorage lockersDeck hatch with integrated skylight and blindOverhead and individual berth lightsEn suite bathroom with day access
3-zone gas hob with a flame-failure device (3-zone ceramic hob standard on Open)Remote solenoid switch for gas systemCombination microwave/conventional oven with grillStainless-steel sink with monobloc mixer tapFull height fridge/freezerPower and Drive SystemTwin Volvo IPS-600 with joystick controlVolvo active corrosion protection systemPower-assisted electronic steering system with hydraulic back-upElectronic engine and gear shift controlsEngine room extractor fan
24 Volt4 x heavy-duty batteries for engine starting4 x heavy-duty auxiliary batteries40 amp battery charger charging both banks of batteries via an automatic switch charging systemLED lighting throughout220/240 Volt7kW diesel generator in own sound shield with water-cooled specially silenced exhaust (Open only)Shore support inlet in cockpit locker with storage for cablePolarity check systemEarth leakage safety tripPower points to all areasHelm PositionTwin helm seat with bolsterElectric opening helmsman’s windowFull engine instrumentation including fuel gauges, joystick control and rudder position indicatorNavigation system including VHF/RT, speed and distance log, echo sounder with alarm and high-speed magnetic compassControls for windscreen wipers, bilge pump, anchor winch and trim tabs (with indicator)Chart tableRemote control searchlight
Princess V48 Syndicate Information
This established syndicator has a fleet of yachts on its books and offers a full yacht-management service with the availability of professional crew if needed.
Their usage programme is designed to be fair, flexible and enables good individual usage through their 4 season system. The co-owners get 80 days a year with a 25% share. This means in every season 20 days for each co-owner. She is moored in the Marina Salinas in Torrevieja, a modern and fully equipped yacht club with restaurants and bars.The yacht is available throughout the year as the winter months are still pleasant on this Spanish Costa. The Marina Salinas is on walking distance from the city centre for great nights out and equally offers relatively short cruising distances from Ibiza, Mallorca and the Mar Menor.They provide and all-inclusive service package to make arrival and departures a true pleasure, and simply to arrange through the syndicate’s online reservation system for easy booking. Even when not on board owners can view the Track & Trace system to follow the movement of the yacht.The yacht will be registered in Spain into a Spanish SL. The co-owner will be owner for 25% of this company by shares, who’s share in the yacht are always free to sell on.