Fractional ownership super-yacht company YachtPlus this week launched the second yacht of its four yacht fleet in la spezia Italy. christened Ocean Pearl, this stunning 41 metre yacht , identical to its Foster+Partners designed sister yacht Ocean Emerald, will operate a series of cruises throughout the Mediterranean during the summer of 2010 and the Caribbean in the winter of 2011.
"We are delighted with the response from the owners who spent this summer on Ocean Emerald and are extremely optimistic about the future of the next three yachts that will continue to grow the YachtPlus fleet. The many enquiries we have received over the past few months and the very positive comments from current owners is a testament to the concept of fractional ownership which is rapidly becoming acknowledged as the most financially astute way in which to own a super-yacht,” said John Hare, Chairman of YachtPlus. “These are challenging financial times and increasingly more people, many former sole yacht owners, are turning to fractional ownership as the most cost effective, stress-free and viable way to own a luxury super-yacht,” he added.
This type of ownership allows members to maintain a prestigious and luxurious lifestyle at a fraction of the cost of sole ownership thereby freeing up capital for other forms of asset ownership that would otherwise be invested as a sole yacht owner. One of the major attractions of YachtPlus fractional ownership is that it removes all the hassles, concerns, unforeseen financial pitfalls and very substantial annual running costs incurred via sole ownership.
The third yacht of the fleet, Ocean Sapphire is due to be launched in May 2010 and the fourth, as yet unnamed, is scheduled to enter service at the beginning of 2011. All four yachts, identical in design by world renowned architects Foster+Partners, are being built at the Rodriquez Cantieri Navali boat yard in Sarzana, Italy and will initially spend the summer months in the Mediterranean and the winter in the Caribbean and will offer total exclusivity, privacy and pleasure to those participating.
The SuperYacht iQ 2018 Market Report
Did you know that in 2017....
- 180 new yachts over 30 metres were sold
- 149 new yachts over 30 metres were completed
- 443 yachts over 30 metres were under construction
- 30% of the yachts under construction were available for sale
- 20% of the yachts were owned by clients from the USA