Princess V50
Spain | 

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.

EMAIL ADDRESS: WesternMed@yacht-share.net
OFFICE ADDRESS: Spain


Accommodations

Number of twin berths: 2 Number of double berths: 2 Number of cabins: 2 Number of bathrooms: 2 Convertible SaloonOutside Equipment/Extras Total Liferaft Capacity: 6 Electric windlass

Accommodation

Furniture finished in classic cherry with clear, deep-lacquered finish Saloon with U-shaped convertible sofa with dining table, cocktail cabinet, stereo CD/radio with saloon and cockpit speakers, TV and VCR Master cabin with large double bed with quilted bedspread and under-bed drawers, dressing table and wardrobe Aft guest cabin with two full-size single berths with quilted bedspreads and wardrobe

Accommodation Equipment

Saloon/cockpit stereo CD/radio TV and VCR Air conditioning

Galley

Galley worktop in Avonite Twin-zone ceramic hob Combination microwave/conventional oven with grill Stainless-steel sink with Monobloc mixer tap 127 litre 24v/240v fridge with deep-freeze compartment (additional fridge in saloon.

Navigation

Full engine instrumentation Rudder position indicator Trim tab controls Furuno Navnet autopilot, GPS/colour chartplotter (all interfaced) Furuno radar High-speed compass Speed and distance log Echosounder VHF radio telephone Searchlight remote control

Mechanical / Electrical

Onan 220/240V 7kW diesel generator with own starting battery and specially silenced exhaust 4-bladed propellers in nickel aluminium bronze High-speed balanced rudders Power-assisted hydraulic steering system Single-lever dual-function electronic controls Side-Power bowthruster (8hp) 220/240V shore power with 45-amp float battery charger Electrically operated toilets 2 x heavy-duty (120AH 24v) batteries for engine starting 4 x heavy-duty (120AH 24v) auxiliary batteries Twin fuel tanks in N4 marine grade alloy (2000 litre) capacity Water tank (372 litres) plus 64 litre hot water calorifier Water heated by engine and 240v immersion heater SafetyEmergency tiller Bilge pump controls with visual ‘pump running’ indicators Automatic fire extinguisher in ER and generator space Hand-operated fire extinguishers (3) in master, guest cabin and galley Automatic electric bilge pumps (with manual override) in ER, forward accommodation and aft lazarette (3 in all) High-capacity manual bilge pump with valve system and suction points in same areas

Deck

Reversible electric anchor winch (2000W) with remote control Self-stowing 16kg Delta anchor with 40 metres of chain Stemhead roller with automatic anchor launch and retrieve Full set of IMCO navigation lights Searchlight with remote control Self-draining U-shaped seating/dining cockpit area Teak-laid cockpit deck Cockpit wet bar with fridge and electric barbecue Aft sunbed Hydraulic/telescopic passerelle/dinghy crane housed within dinghy garage Folding hood forward, sun awning with side screens aft Overall tonneau cover Transom bathing platform with foldaway swimming ladder Hot and cold shower Cockpit speakers Fenders (6) and warps (4) Dark blue navy bimini top

Princess V50 Syndicate Information

This Princess 50 is in excellent condition and had a full refit in 2011. She comes well quipped with her Generator, AirCon, TV Satellite Antenna , Radar, GPS/Plotter, Depth, Auto Pilot, Stern Passerelle and a Bow Thruster.

 

This 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.

Specification

Princess Yachts

V50

€45,000

25%

€7,500

15.49

4.20

2002

GRP

4 (+2convertible)

2

Volvo Penta

DC12C 600hp

Diesel

800

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