General Information
Ways to Become a Yacht Owner
Advantages of the Purchase-Charter Model
Our purchase-charter model is simple and effective. It offers you the opportunity to own your own yacht without having to worry about ongoing costs and maintenance.
Overview of Advantages:
- You buy your desired yacht and use it as you wish.
- The charter income covers ongoing costs and contributes to the refinancing of your yacht.
- Your yacht is always professionally maintained and cared for without you having to worry about it.
- You have the freedom to use and equip your yacht as you like.
Request a Consultation Now - Your Path to Owning a Yacht
Financing and Refinancing the Yacht
Depending on the country and legal situation, there are various ways to finance and refinance your yacht:
- Leasing: Financing the yacht through a leasing bank.
- Rental: Renting out the yacht by you or your company to the future service company.
- Contribution: Contributing the yacht to an existing company.
Our many years of experience enable us to provide you with comprehensive advice and find the right model for you.
Yacht Equipment and Usage
You can equip your yacht according to your individual preferences. We are happy to advise you on the selection of suitable equipment and offer you favorable terms for further upgrades.
Personal Use:
- You have up to 4 weeks of personal use per year.
- Additional use is possible by arrangement.
- The cost arrangement for the owner's weeks depends on the charter variant.
Professional Maintenance and Care
Professional maintenance and care ensure the preservation of your yacht's value:
- Service workshops and spare parts storage: Available at every base.
- Technical team: Constantly trained on new developments.
- Winter storage and spring maintenance: Comprehensive care and maintenance of the yacht throughout the year.
Choosing the Right Type of Ship
The choice of ship type is entirely up to you. We are at your side with our experience and can connect you with shipyards to advise you on technical questions about your yacht.
Yacht Chartering
Our office has been working with a large network of renowned agencies across Europe for over 35 years. This ensures optimal utilization of your yacht.
Chartering Services:
- Managing the agency network
- Securing the yacht's berth
- Handling insurance applications
- Targeted advertising in various yachting magazines
- Correspondence with charter customers
Owner Revenue and Costs
The revenue from chartering covers various costs such as leasing rates, berthing fees, insurance, and service fees, depending on the financing model. A consolidated performance report is prepared at the end of the year.
Contract Duration
The contracts concluded can be terminated annually, but for economic reasons, the yacht should remain in charter for 6 to 7 years.
Yacht Equipment
We are here to assist and advise you on equipping your yacht. As an example of good equipment for a charter yacht, we have detailed lists that serve as decision aids. These lists include, as a basis, the standard inventory for equipping your yacht, which is indispensable. The types and brands of the equipment are up to you. We are happy to procure additional equipment for you at favorable terms. A well-equipped yacht will achieve good utilization rates. We will provide you with a non-binding offer for equipping your yacht.
Insurance
All yachts in the Pitter Yachtcharter fleet are insured for liability, comprehensive, and charter loss. If you, as an owner, participate in our fleet insurance bundle, you will also benefit from discounts such as lower premiums, etc.
Billing
Billing for the charter weeks consumed by the customer is done for the owner by the 10th of the following month, either to the leasing bank or as a rental payment. A consolidated performance report is prepared at the end of the year.
The Right Partner for Your Yacht
Putting a yacht into charter is a matter of trust. Good cooperation contributes significantly to the success of the charter and the preservation of your investment.
Our Advantages:
- Large customer base due to over 35 years of market presence
- Own booking center and charter offices in Austria and Croatia
- Network of renowned charter agencies from across Europe
- Competent technical team and comprehensive services
Choosing the Right Base
Depending on your preferences and the available conditions, you can charter your yacht at our own Pitter Yachtcharter bases in Croatia, Turkey, or Greece. Additionally, another advantage is that through the Nautic Alliance, we offer you around 30 bases in 7 countries. No matter which country you choose, we have the right destination for your yacht.
We would like to particularly highlight our Pitter Yachtcharter bases in Croatia:
- Pula Polesana & Veruda
- Biograd
- Murter-Jezera
- Vodice
- Trogir
Yacht Care After Contract End
If you decide not to keep your yacht in the charter business, we can still be your partner. We will continue to take care of the maintenance and repair of your yacht and offer you transparent billing as well as comprehensive support in selling the yacht.
Our Services After Contract End:
- Maintenance and care
- Repair and restoration
- Support in selling the yacht
With our purchase-charter model, you can acquire your dream yacht and cover ongoing costs and contribute to refinancing through charter income. You benefit from professional maintenance, comprehensive care, and personalized advice. Our experienced team and extensive network ensure optimal conditions for the use and chartering of your yacht.
Learn more about our rental management – Read the blog article