• 
  Manufacturer

  Numarine
• 
  Model

  Flybridge 60
• 
  Share Price

  £400,000
• 
  Usage

  50%
• 
  Annual Maintenance Fee

  Charter income funded
• 
  Length

  60.37
• 
  Beam

  5.1
• 
  Model year

  2015
• 
  Construction

  GRP
• 
  Berths

  6
• 
  Engine

  2
• 
  Engine Make

  Volvo
• 
  Engine Model

  IPS 950
• 
  Fuel Type

  Diesel

The Numarine 60 successfully reproduces the same concept and sporty design with ample open areas and bright interiors define the yachts unique distribution of space, while the use of the IPS motors enables the fitting of oversized fuel tanks, thus making the craft a cruiser with no boundaries.

This fractional program allows for complete flexibility in terms of usage of the boat, whereby allocation matches ownership. For example if you own 50%, you will be entitled to 50% of the usage of the boat throughout the year.

The company organises the whole process including hiring of crew, maintenance and event food and drinks for your outings.

Any days at sea can be reserved via the fleets concierge booking service, avoiding any awkward negotiations that could arise when splitting an asset amongst friends.

Owners can simply look outside at the weather, pick up the phone to book their yacht and relax knowing everything else is taken care of.

The ownership of this luxury yacht is equally shared among shareholders and the acquisition cost is leveraged through a loan provided by the yacht supplier. Owners also receive charter income out of any unused time, which means that some of the annual costs of the share are negated.

The company’s quarterly statements to owners provide a breakdown of each owner’s usage during three months, any charter income received and the monthly operating costs. The quarterly fees are further divided into three areas: the variable costs of maintenance and repairs; a fixed cost that includes a charge for the essential services that keep the vessel on the water, including the crew, mooring and insurance; and a charge to each owner that accounts for their fuel consumption and hospitality costs while onboard

This syndicate is also suited to corporate use, where senior members of Hong Kong companies are can buy into the yacht, so that they can not only have a yacht for personal use but also have it available for company purposes when needed.