Yacht Your Way
The Joy of Yacht Ownership
The program brings together successful individuals who wish to experience the joy of yacht ownership in Mauritius, whilst eliminating the hassles of managing the yacht and to do all of this at a fraction of the cost of full ownership of the yacht.
Each yacht is owned by a special company created for the purpose of owning the yacht. The company is managed by Catamaran Cruises Ltd and its financial affairs are subject to annual audit by independent certified accountants. In this way, your ownership interests are fully protected. It also provides an easy mechanism for a fractional owner to sell his shares at any time prior to the end of the program cycle. All transactions are governed by properly drawn legal documents in a fully transparent process with no hidden costs. Each owner retains legal control of his shares in the company that owns the yacht. It cannot be affected or encumbered by the actions of the other owners. The yacht may not be used as security for a loan by anyone and will remain the free and unencumbered property of the owning company for the duration of the Program.
Hassle Free Yachting
It is estimated that the average yacht owner requires 15-25 hours per month to maintain his yacht and that the cost of maintenance, mooring, insurance, required upgrades, and the like, cost approximately 9%-15% of the purchase price annually.
Many yacht owners have demanding careers and business and family demands that drain their available time and energy. Few of us have the time or inclination to regularly attend to the myriad of tasks required to maintain a yacht in pristine condition, ready to sail at any time. This is especially true for those who live far away from their yacht.
Our Fractional Yacht Ownership program allows you the pleasure of knowing your yacht is maintained in pristine condition all year round. It gives you the peace of mind of knowing that all aspects requiring technical attention are professionally being taken care of – leaving you free to experience the joys of carefree yachting to the full.