FAQs


 FAQs

  • Fractional yacht ownership is a unique investment opportunity where multiple owners share the purchase price, the operating costs and the use of a yacht. As a fractional owner, you actually own a share of the company that owns the yacht itself, not just the right to use it. Each yacht is free of encumbrances and is owned outright by the fractional owners.

  • Fractional yacht ownership in Florida marries the best of both yacht ownership and yacht rentals. You get to own a high-end asset at a fraction of the cost, and enjoy access to larger and better-equipped yachts than you might afford by yourself. Unlike a timeshare, fractional ownership means you own a part of the asset, not merely the right to use it at predetermined times. Compared to owning a second property, fractional yacht ownership offers unique mobility and a luxurious lifestyle experience.

  • Fractional yacht ownership involves shared costs among all the owners. These costs encompass the initial price of the yacht, as well as ongoing operating expenses such as crew salaries, maintenance, repairs, insurance, and dockage fees. As an owner, your share of these costs will be proportionate to your ownership stake.

  • As a fractional owner, you will be able to use the yacht for a certain amount of weeks each year, proportional to your ownership share. The scheduling is designed to ensure fair and equitable access to all owners and typically depends on the agreement among the co-owners.

  • Yes, if you wish to sell your share in the yacht, the process would be dependent on the terms of your ownership agreement. Some agreements may provide other owners with the first right of refusal. However, as a fractional owner, you own a tangible asset that can potentially be sold or transferred.

  • At ONLY YACHTS FL, we provide comprehensive yacht management services which include but not limited to crew placement, repairs and maintenance, removing the day to day headaches and allowing you to relax and enjoy your yachting experience. Our goal is to ensure that your yacht is ready for the journey every time you decide to set sail.

  • It is very easy to become a fractional yacht owner. After choosing your favorite yacht from our extensive fleet, you will purchase a share in that yacht, thus becoming one of its owners. The specific process can vary slightly, but our team at ONLY YACHTS FL is committed to guiding you through every step.

  • Absolutely! With ONLY YACHTS FL you have the liberty to choose the yacht that fits your specific needs and preferences from our fleet of yachts for your fractional ownership. We offer a range of models with first-class features, whether you want to hold business meetings on a modern superyacht or prefer a more intimate vessel for family holidays, our fleet caters to every need.

  • The usage time is equitably distributed among all co-owners, according to their fractional ownership percentage. The ONLY YACHTS FL team works closely with owners to coordinate schedules and ensure that each owner gets to enjoy their fair share of time on the yacht.

  • As with any owned asset, you simply put it up for sale which the collective group of owners can decide or you can simply sell your individual percentage. ONLY YACHTS FL can assist with this process.

  • The annual expenses of yacht ownership include all operational and upkeep costs. These expenses are divided amongst the owners appropriate to their amount of ownership. Some of these expenses are crew salaries, routine maintenance, repairs, insurance, and dockage fees. Our team at ONLY YACHTS FL manages these aspects, so you can enjoy your yacht without the operational concerns.

  • ONLY YACHTS FL can offer additional services like access to a professional team, concierge services, travel assistance, use of a premium vehicle, discounted private jet charters from our partners, and a selection of Miami`s best restaurants and clubs, and more. The range of services depends on the specific program.

  • We understand that your yacht is a significant investment, and we take several measures to protect it. This includes comprehensive insurance coverage, regular maintenance and inspections, and a professional crew to ensure the safe operation of the yacht. Furthermore, because you`re an actual owner, not just a timeshare holder, you have a tangible asset that retains value.

  • Whether you can rent out (charter) your usage time to others would depend on the terms of your ownership agreement.

  • Absolutely! Fractional yacht ownership can be an astute business investment. By setting up a business entity to own your share in the yacht, you may be able to deduct yachting expenses from your taxes. This includes your share of the annual operating expenses, and a portion of the yacht`s depreciation as well as travel to and from or time on board. Yacht ownership can also provide opportunities to host business events, close high-profile contracts and organize on board events potentially boosting your professional reputation and prospects.

  • Absolutely. Owning a yacht can offer unique business opportunities. You can host colleagues on board, close high-profile contracts, and organize on-board events. Plus, by transforming your yacht into a business investment, you can deduct your share of annual operating expenses, the interest on the loan, and a percentage of the total investment's annual depreciation