How to become a boat owner? Are you worried that you will not be able to return this investment and that the maintenance of the yacht is too expensive? Or, maybe you already have your own boat, but it gives you great headaches?

An option to consider if you are buying new and planning to keep the yacht is yacht management program as the most cost effective way to own the yacht of your dreams without worrying about the hassles and expenses of traditional yacht ownership.

Worry-free yacht ownership - How does it work?

There are different types of management programs offered by the charter industry, but the most popular program offered by Euronautic charter company is the "Income Sharing Program". Our program offers you options that help you enjoy your yacht more by avoiding the operational responsibilities and expenses of traditional boat ownership.

Here we will present you our 4 step yacht charter program so you can make an informed decision, avoid costly mistakes, and get the most of enjoying from owning your yacht.

The first step is choosing the right yacht for your needs and wishes. After you contact us and decide to join our management program we will explain and present you charter business in Croatia. We will also make the calculation of income and outcome according to the size of the yacht and explain advantages and disadvantages of the investment. Thanks to our fantastic partnership with most of respectable dealers and manufacturers in Europe we can offer you the best possible prices.

After you choose the right yacht according to all relevant information we can proceed with second step – purchase. The buying process often seems like a daunting task to first time buyers with so many parties involved, documents to generate and decisions to make. So our company will provide you with financial, legal, tax and operational help and consult (transport, transfer, installation vessels and accessories, launching). All warranties and maintenance for the full duration of the program are handled by the Euronautic's staff directly with the manufacturer. The Euronautic charter company is responsible for the occupancy, financial performance as well as the care of the yacht so there is seamless accountability with no third parties involved to confuse who is answerable to the owner.

Charter management contract and administration issues will be handled as the third step of our management program. As the average yacht buyer is not an expert in running a yacht as a business our experienced staff will present you the major contractual issues before you sign the contract. The level of maintenance, manufacturer warranty issues, insurance, the use of owner weeks and procedure when the management contract ends. All in all, your contract will describe all the major items that the Euronautic will fix if problems are discovered, as well as the actions taken to take care of. We will discuss your options and get you know the consequences of your decisions.

Typical management contracts state that your yacht will be maintained to the "highest industry standard" or some similar wording. We have a good worked system to prove that sentence by using our modern log-in system from which you as the owner can check the booking list 24 hours a day from the comfort of your chair, check the yacht condition, all done repairs, replaced equipment etc. So, you as an owner of the yacht will be directly involved and transparently informed about all maintenance work on her.

Step four is final and it is related to the end of the charter program. So, you're reaching the end of your management contract after 5 – 10 years and you have decided to keep your boat, either for your personal use or to place her on the market to sell her. We will help you also in this phase. We will make an inspection of the yacht to be sure she is in good condition. A thorough survey takes the time and is composed of the complete hull inspection, complete exterior inspection including deck flex, leaks, mast, rigging and sails, etc. And finally complete interior inspection with a test of all electric panels and systems, refrigeration system, engine run-up etc.

In case you decided to sell your yacht we will also gladly assist and help you to sell her at her best possible price.

Making conclusion: select a yacht or a form of cooperation that meets your needs and expectations. We offer expert advice and detailed calculations for any model chosen, new or used vessel. As we already have a long-term cooperation with representatives of the various types of yachts across the Europe, we can arrange the purchase of a new vessel at the best possible prices. When deciding on a used boat, with our help you will know that you have bought the right boat for the right price.

Our Charter management contract can be flexible to your needs and desires.

By choosing Euronautic team who has many years of experience setting up yachts in ownership programs you will get the reliable assistant and advisor all the way through.

Sail on your own yacht, leave the maintenance concerns to us!

If you would like to discuss this charter management program, contact us here: