There have been many attempts to launch shared ownership into the world of superyachting by everything from timeshare to fractional ownership, but Yacht Marketing Limited, who are behind the new 'Curvelle' luxury power 'Super-Catamaran', have taken a fresh approach.
Before exploring the benefits of the syndicate ownership programme let us look at the perfect superyacht to deliver this new approach.
The vision is fast taking shape at the Curvelle shipyard in Tuzla, Istanbul and on time for completion at the end of 2012. The first in a series, 'quaranta' is a luxury superyacht that, as a catamaran, is more stable, cost effective to run, more spacious, more environmentally friendly, faster than a monohull yacht with the same engine power and above all extremely stylish.
Everything about the 'quaranta' is carefully thought out, maximising the deck spaces and the internal volume. Unusually large windows fill the guest cabins with light and the unique flexible accommodation areas can transform the yacht for each cruise or mix of guests.
With a clean sheet of paper and a very clear set of business objectives, the Curvelle project began. First came the yacht design and importantly the configuration. It had to be roomy, fast, efficient and compact and deliver to its owners a truly luxurious yacht at an impressive price point. With syndicate ownership there is an optimum number of part owners that can take maximum advantage of the windows of operational time. This number is seven syndicate shares for a year-round, Mediterranean-plus-Caribbean operation. After careful market research into the overall costings for the syndicate operation, the figures settled on a syndicate share marketed at €1.4m each. This sum is equivalent to buying a typical new VAT paid and equipped 55ft motor cruiser. For the same cost a Curvelle syndicate participant can enjoy luxury yachting in a 33.7 metre superyacht and being a catamaran it is as big as a 40 metre performance monohull.
One of the smart features is the way the accommodation can be easily configured for each syndicate user. The two hulls create a wide platform for the four decks and the whole interior is very comparable to a 40-42 metre monohull especially if you look at the flexible accommodation on the main deck, something you will not find on any other 40 metre yacht. The twin hulls create a massive swim platform not found on yachts the size of the 'quaranta'. When it is raised it is the tender deck and when lowered it becomes the beach club. It is big enough for a small submarine and perfect for easy wheelchair access.
The six generously sized double cabins can be re-configured into three VIP suites or more than twenty other combinations, with just a few hours notice for the crew. These main-deck cabins allow for huge windows, each 2.75 metre long and almost one metre high, making each cabin a virtual day-time suite if you want some personal time. One of the key selling features of the 'quaranta' is the exceptionally large windows.
Unusually large for a 34 metre yacht, the RINA classification for the windows allows Atlantic passages with paying guests as opposed to a restriction to 50nm from the coast.