Yachting in Croatia may be viewed not only from the point of wonderful vacation but as profitable and reliable way of investment of own capital.
During last years Croatia gained foothold as one of the most attractive world direction for charter and opens magnificent perspectives for development of yachting business. More and more foreign investors want to pour cash into this industry.
For a long time yachting was mistakenly thought as expensive and luxury way of vacation, that is unaffordable for many. Recently this myth was dispelled and with every new season growing number of people rent yachts worldwide, including Croatia.
Proximity of Croatia to European countries and its joining into EU worked towards heavy tourist flow from Europe. Transport accessibility, moderate prices and free entry for EU-citizens attracted in Croatia German, Austria, Slovenia, Czech people who don’t have own or unlimited sea areas.
Developed yacht infrastructure also encourages choice preference of clients towards Croatia if compare with Greece, Italy and Turkey. And prices for yacht charter in Croatia is much more attractive than in France and Spain.
Due to geographical peculiarities of Croatia and splendid developed infrastructure charter companies situated straight-line along whole coast including islands. Such decentralization conditions low and effective competition either among whole country or in separate regions.
Investment in yachts is less adventurous than property acquisition. By contrast with property acquisition you always can change charter company, place of basing and even country.
Annual yacht insurance covers all possible risks (highjacking, fire, damages, third-party liability and others). It costs about 1.5-2% from price of object for insurance. Insurance companies provide franchise, but charter companies always charge deposit in amount of stated franchise. In such a way when an insured event occurs owner doe not suffer losses and franchise is paid from client’s deposit.
Value and technical state of yacht during exploitation term varies slowly and slightly unlike other types of property. Value of yacht reduces approximately at 4-5% a year (depends on year of built) that gives a possibility of following sale with minimal losses. In case of steady charter of yacht these losses are trivial.
Moreover, annual technical service of yachts means maintenance check-up and all necessary arrangements to prevent wear. Additional repair and setting of additional equipment finally add to the price of yacht.
Even with average charter index your income will be about 15-25% per year. In such a way yacht pays for itself in 5 years approximately. After the first charter season all mandatory expenses for insurance, technical service of yacht will be paid from received income.
Investing in yacht charter one secures stable money flow. First of all notwithstanding that yacht season lasts 5-6 months a year, bookings of yacht proceed all year round. On the second hand according to charter rules 50% from cost of booking is prepaid, that can cover some costs of the yacht maintenance in advance.
Besides mentioned above key success factor of your business is correct choice of yacht and its place of stay.
“Aquatoria Yachting” company is one of the top and acknowledged companies on international market. We have been successfully engaging for more than 7 years in:
During last years our company showed excellent financial results, formed huge client base majority of which became standing customers.
Along with that we have chosen one more direction that develops dynamically – yacht brokerage.
Yachts managed by the company take part in training process and regattas, they are chartered too. First-hand experience gives evidence of good financial results, but we wouldn’t like to be satisfied with what has already been achieved. We are working at involving new clients and investors in the sphere of yachting.
Telephone consultations and meeting concerning profitability, reliability, market demand, business peculiarities, yacht selection etc.
Preparation for registration of the firm (determining of founding members and invested amount, preparation of founding documents, collection of primary set of documents, processing of letters of attorney and others)
Setting up a business in Croatia (registration of firm and registration in all required authorities, opening bank accounts, contracts with accounting firm, producing of a stamp)
Firm property acquisition (monitoring of market, selection of yacht, organization of required checks and inspections, signing of agreement of sale and purchase, legal services at all stages of bargain)
Operational services (reregistering of yacht, insurance, determining of berth, signing of charter contracts, organization of service maintenance, repair and winter storage)
Accounting services (payments control, account keeping)
Agent services (organization of advertising on company’s website, yacht charter by clients of our company)
Investments in yachts – is one of the most profitable and reliable businesses. After your yacht is purchased and chartered you won’t need to spent much time and money at business anymore. Yacht will work for itself, main tasks will be solved by us as a broker and charter company.
Task of “Aquatoria Yachting” company – is to solve all technical and administrative matters concerning opening and starting of your business, providing services to the full extent in short terms. You can have complete package of services or use a particular service of our company.
For additional information and prices for provided services of the company please contact us.