Charter Management
It is a sound financial method to buy a yacht and cover the expenditure by means of the income received through chartering it. Yachtcharter in Croatia is still a booming market, but you have to be experienced, you should work with the right bank and should find a serious partner for the charter business. We work together with the leading shipyards (Bavaria, Jeanneau, Sealine, Sessa) and can suggest selected banks for the financing.
We recommend minimum cash share of 25% of the purchase price. It makes more sense to buy a smaller yacht with solid financing than the other way round. With your own capital of 25% the bank expects no further collaterals (just the boat), the repayment runs over 5 years. The residual value of the yacht after 5 years is approximately 50-65%, of course supply and demand for used yachts plays an important role.
Request the Veritas Charter Management Brochure: