Buying your first boat can be a difficult experience; there are so many things to consider.

Some people buy boats because they've made the decision to get away with family and friends and go to new unexplored places. Other people buy because they want to join cruising clubs, yacht clubs, or fishing tournaments. Whatever your reason is for buying a boat, you are making a lifestyle choice.

Experienced staff from Euronautic Ltd, one of the leading company in Croatia with great charter management program will give you some pointers as to how to go about the process and what to look out for. Before reading on, we want you to understand that we are talking about placing your yacht in charter with a local charter company right here in Croatia, we're not talking about placing a yacht in charter in some foreign destination (USA, Caribbean, Mexico, South Pacific).
 

First of all ask yourself what do you really want from your boat. Do you want it to buy it for yourself, and then sail away on it? Do you want to make some money with it? You have to know what you want to do with the boat. By placing your new yacht in a charter management program you are converting it from a personal asset to a business asset. The relationship between you and the charter management company is structured so that you own the yacht and they assist you in managing your yacht rental business.

Which type of boat to choose? Take advice from trained and experienced boat professionals who can advise you on the type of boat that best suits your needs. They will also look at your budget and help put financing arrangements in place. Understand that this is a major financial investment. If someone tells you it's going to pay for itself in the first year, don't walk away, run! Be certain you can handle miscellaneous startup costs.
 

Find a charter company which will handle the entire process of buying a boat to make it as straight forward as possible. On other hand they relationships with the best boat dealers in Europe also means that you will get the best possible price. Furthermore, they should arrange delivery, transport, and all charter equipment. This includes safety equipment, electrical equipment, bed linen, kitchen equipment, out boarder and more!

Everything on the boat should be quality checked to ensure that it meets high standards. This will give you peace of mind that you are getting the best value for your money. In addition to this, charter company should also handle all import procedures and arrange insurance.

It's also important to know that your boat's being maintained properly. Be comfortable with the charter company you're dealing with because they're managing and maintaining your boat. They're doing all the things that are required. All maintenance on your boat should be done by charter company you dealing with on a fixed cost basis, which makes it easy for you to plan and budget. They also should send you detailed reports, outlining all the work that they complete. There are several stages for maintenance:

• Regular annual maintenance
• Seasonal maintenance (preparing the boat for charter)
• Winter service
• Spring service (before the first charter)

In the end, while buying a boat is less complicated than buying a house, it is still the second largest investment most people make, so you should consider your options carefully. Talk to dealers. Visit boat shows. Do your research, pick your favourites and take them for a test drive. If you do, you are much more likely to buy the right boat at the right price and enjoy your new lifestyle for years to come.

For more information and financial insights please contact us here and our experienced staff will answer you in short period.