Is a Fully Managed Boat Syndicate Right for You?

A fully managed boat share certainly has huge appeal.

There are clearly advantages for you if a professional management team run your yacht syndicate.

First up you get hassle free boating.

You turn up.

You walk onto a clean, well- maintained boat complete with fresh linen and tea towels.

You sail away. And you unwind and relax.

On your return to the marina...

... you hand your yacht back and head home.

You don't need to worry about cleaning, slipping, fuelling or maintaining your yacht.

Which means don't need to know a huge amount about yacht maintenance and you can still own a boat.

And of course your free time is yours to spend sailing your yacht not looking after it.

There are other, less obvious, advantages of managed fractional boat share. In the past when most boat shares were not managed, certain problems arose.

Not everyone kept the boat clean and tidy. Not everyone admitted to damage they caused. And not everyone wanted to end the syndicate at the same time.

These situations often led to arguments and bad feeling. Obviously if you appoint a syndicate management team it's down to them to deal with problems like this.

Of course your yacht syndicate will only run smoothly if you appoint a good team to oversee it.

We suggest you only consider tried and tested companies with a good reputation.

A personal recommendation is ideal.

Are there any disadvantages of managed yacht syndicates?...

The obvious drawback is that you have to pay the management company!

Only you can weigh up this cost against the benefits a full management brings to your boating experience.

Bear in mind that even with a management team in place, if you choose yacht sharing, your overall boating costs are usually still hugely less than your alternative options of chartering or traditional boat ownership.

Here's details of the tried and tested Smart Yacht Syndicate system

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