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Fractional Yacht Ownership in the Western Med

The Western Mediterranean is famed for its glamorous ports where the nightlife often surpasses the rock-star styled fun filled days at anchor.

This region is very much about active lifestyle yachting, where coming back into port at night to enjoy some land based gastronomic delights and a cool vibe in the bars and clubs, is very much the norm for yacht owners.

Fractional yacht owners in the western Med tend to use their yachts more as a floating holiday home than a passage-maker. Fractional ownership therefore works particularly well in these waters as berthing costs tend to be among the highest in the world, and an idle yacht can become restrictively expensive. Through shared ownership, the mooring is in constant use, balancing-out the value proposition.

Yachts in these waters tend to fall into two primary categories:
• Sleek flybridge yachts designed to offer high occupancy levels of accommodation coupled with ample living space. Sub 60ft yachts often boasting 3 spacious cabins, and over 60ft yachts offering 4 cabins or more. These make ideal holiday-home type fractional yachts, as they are perfectly configured to blend the mix of style and comfort desired.
• Rapid and purposeful looking open yachts to offer extensive outdoor entertaining areas, very much with day boating in mind. These yachts are ideally suited to fractional ownership when combined with a land based holiday home and often bought by villa owners who would like some time at sea but wish to avoid the costs and hassle of outright yacht ownership.

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Dimensions

LOA: 68 ft 0 in Beam: 19 ft 0 in

Engines

Total Power: 1800 HP Engine 1: Engine Brand: Volvo Engine Model: D13 IPS 1200 Engine Type: Inboard/Outboard Drive Type: Pod Drive Engine Power: 900 HP Engine 2: Engine Brand: VOLVO Engine Model: D13 IPS 1200 Engine Type: Inboard Engine/Fuel Type: Diesel Drive Type: Pod Drive Engine Power: 900 HP

Accommodations

Number of single berths: 4 Number of double berths: 2 Number of cabins: 4 Number of heads: 4

Electronics

GPS Depthsounder CD player Autopilot Compass VHF Cockpit speakers Navigation center Plotter TV set Radar Radio DVD player

Inside Equipment

Hot water Electric head Bow thruster Battery charger Microwave oven Deep freezer Air conditioning Heating Oven Washing machine Refrigerator Electric bilge pump Dishwasher

Electrical Equipment

Shore power inlet Generator Inverter

Outside Equipment/Extras

Teak sidedecks Teak cockpit Cockpit table Cockpit shower Cockpit cushions Swimming ladder

This is a unique co-ownership offering where 3 sister-ships will cruise their home grounds from a central hub. One in the western Med, one on the eastern seaboard of the USA and one on the USA’s west coast.

The Mediterranean sister-ship will cruise the French & Italian Rivieras as well as the Spanish Balearic Islands, Corsica and Sardinia.

The Eastern USA seaboard sister-ship will be down south in the Caribbean, The Bahamas and Florida in the winter and work her way up to Long Island, Nantucket and other summer boating hotspots in the summer.

The west coast sister-ship will cover Mexico through California right up to Washington in the summer months.

This literally is the best of all boating worlds with a fleet of new and innovative yachts at your disposal ensuring that every single time you come aboard you have an exciting new experience, yet a degree of total boat familiarity coupled with the pride of ownership. The savings are immense, not only in equity terms by only owing 1/4 of a boat, but also the substantial running cost economies of scale. For example to reposition a single yacht to cover the three different locations would be well in excess of €100,000. That cost is totally mitigated by have a different sister-ship bases in each region. Each yacht has local crew and local management which again delivers huge savings.

The yacht has be specifically chosen for it’s all purpose capabilities. This new Navetta model is a highly respected Italian yard bridging the gap between their best selling Navetta 58 and their Flagship Navetta 73.

Spacious volumes and tremendous natural lighting are the well known traits of the Navetta series that is delivered in true Italian style and flair in this new 68 model. With an open floor plan featuring an aft galley and the forward on deck master this layout works really well for owners and crew alike.

The Flybridge is enormous, boasting the range of features and volume found on much larger yachts. With additional seating and sun-pads on the foredeck as well as the aft cockpit, there really is plenty of space to relax and enjoy.

SPECIFICATION

Manufacturer

Absolute
Model

68 Navetta
Share Price

€985,000
Usage

72 days per annum
Annual Maintenance Fee

€50,000
Length

21.5
Beam

5.60
Model year

2020
Construction

GRP
Berths

8 (plus crew)
Engine

2
Engine Make

Volvo Penta
Engine Model

IPS 1200 – 950hp
Fuel Type

Diesel

Gallery

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4 Weeks	6 Weeks	8 Weeks
£ 66,667	£ 100,000	£ 133,333
€ 68,333	€ 102,500	€ 136,667
$ 133,333	$ 200,000	$ 266,667

4 Weeks	6 Weeks	8 Weeks
£ 120,000	£ 180,000	£ 240,000
€ 666,667	€ 1,000,000	€ 1,333,333
$ 53,333	$ 80,000	$ 106,667

4 Weeks	6 Weeks	8 Weeks
£ 1,375,000	£ 2,062,500	£ 2,750,000
€ 1,125,000	€ 1,687,500	€ 2,250,000
$ 1,400,000	$ 2,100,000	$ 2,800,000

4 Weeks	6 Weeks	8 Weeks
£ 167,500	£ 251,250	£ 335,000
€ 90,000	€ 135,000	€ 180,000
$ 100,000	$ 150,000	$ 200,000

Navetta 68 – 3 Yachts Syndicate