Yacht charter management - what current and future boat owners need to know

    14.08.2021

    We at Euronautic have been providing yacht charter management services for more than 20 years from our main base in Biograd na Moru. We are expanding our vessel fleet management, vessel maintenance and rental services to end guests every year so that today we are proud of our fleet of over 70 different vessels from two charter bases on the Adriatic.
    Our priority is the quality of services and a high degree of care for our clients: on the one hand, boat owners, and on the other hand, charter guests.
    For all those who already have a boat and are thinking about how to take care of their boat most adequately while using it for their own needs and still cover maintenance costs, here are a few key things you need to pay attention to.

    Investment or reduction of maintenance costs

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    If you are currently in the phase of purchasing a boat, you are probably thinking about it in a way either that it is an investment that will pay off with rental income or that you want to cover the running costs you have on your boat.

    But what if we told you that both were possible?

    Whether you are a boat owner or just thinking about buying a boat, you need to know that the cost of maintaining a boat is really high. You need to pay attention to where the boat will be located. The price of berths in marinas on the Adriatic can be pretty high.

    In order for a vessel to be as functional as, for example, cars, it must be technically correct. Therefore, regular annual maintenance is crucial.

    In addition to replacing spare parts, oil and electronics services, there are also insurance costs.

    All of this needs to be covered so you can sail carefree for those few weeks you have available throughout the year.

    Expensive, isn't it?

    It does not have to be if you opt for a yacht charter management contract. With this contract, you cover the return on investment by generating income from renting a boat when you are not on it, and on the other hand, you have a team of people who take care of and maintain your boat.

    Yacht charter management as an investment

    We asked our existing boat owners what their primary motive was to buy a boat and put it into a yacht charter management program and more than 67% of our owners said their main idea was a return on investment.

    This information does not surprise us if we consider that our long-term program guarantees excellent returns because of our good reputation and a well-booked charter fleet.

    Even this year, when the COVID-19 pandemic is still in force, we can be proud of more than excellent results in a booking.
    As early as the beginning of July, we did not have vessels available for charter until almost October.

    The low charter management fee, which is the lowest in Croatia for this type of contract, also plays a role in deciding this type of investment.

    Vessel maintenance


    Our yacht charter management program aims to take care of your boat in such a way that we do annual maintenance on your boat on a fixed cost basis, which makes it easy for the owner to plan the budget.

    Our boat owners are informed of all the details about maintenance, whether it is annual maintenance or some unforeseen repairs caused by the use by charter guests.

    In this way, the owner has an accurate insight into the condition of his vessel and can easily decide what to do in the future.

    On the other hand, as a charter company that wants to provide excellent service to our charter guests, we are sure that we have well-maintained vessels. We know that our charter guests will be satisfied, which brings us more clients and higher reputation positions by booking agents.

    Sailing on your boat


    Another and for many owners, even more vital side of the yacht charter program is the possibility of using the boat in their free time.

    Most of our boat owners are excellent and long-time experienced sailors and love to spend every free moment at sea. By signing a yacht charter management program with Euronautic, they have the posibility to sail when they have time.

    Thanks to excellent transport connections, the location of our charter bases in the central part of the Adriatic guarantees a quick and easy arrival from any part of Croatia or Europe.

    This specifically means that with your prior announcement of arrival on the boat, you can quickly go to sea because the boat will be waiting for you ready. All you have to do is sail away from the pier in the marina and sail on the route that is your favourite.

    Conclusion

    Before you seriously start choosing a boat for you and decide how to maintain the boat, check our charter management contract and what benefits it offers.

    You can expect full support from our team in advising what options are available to you, and together we can come up with the optimal solution for your needs.

    Contact us for more details about this specific topic.

     

     

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