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Thursday, February 2, 2023
  1. What internal games for employees are worth organizing?
  2. Profession: greenkeeper. Who are the keepers of golf courses and lawns?
  3. Best running shoes for men
  4. Is Duplicate Content Really a Problem?
  5. The Timing of Your Success: How Long to Wait for the Results of Positioning
  6. How to dentify the right keywords for local search?
  7. E-commerce optimization. How to increase the involvement of local consumers?
  8. Kneeler – a healthier substitute for an office chair
  9. 7 equipment and gadgets to equip a luxury yacht
  10. From William Howard Taft to Donald Trump – a golfing tradition at the White House
  11. POSITIONING – WHY IS IT SO IMPORTANT FOR SUCCESS IN SPORTS BUSINESS?
  12. What to run in during the winter?
  13. How to improve fitness?
  14. Where do you start with healthy eating?
  15. Trekking bike for work and vacations. A versatile companion on two wheels
  16. Board for manual hand training – a universal gadget that works well at home and at work
  17. LOCAL POSITIONING – SUPPORT YOUR LOCAL BUSINESS
  18. How much did athletes earn in 2021? Check out our ranking!
  19. Sports business relief – what will it give to clubs?
  20. What phone for athletes and active people?
  21. What is insurance for athletes?
  22. What to take on a long bike trip?
  23. Is it a good idea to buy sports equipment on installments and why?
  24. Going skiing – what should I take with me?
  25. What additional life insurance should I choose?
  26. Trekking – what are its benefits?
  27. How do you encourage employees to bike?
  28. Outdoor gym – a set of exercises that will relieve your back
  29. Construction of a golf course – a guide for investors
  30. Running – a great way to relax after work and keep fit
  31. Gadgets to help you monitor your workout
  32. Yoga at your desk – these asanas you can do at work!
  33. Is it possible to make a fortune from horse racing?
  34. Serena Williams – tennis player turned thriving businesswoman
  35. Which global millionaires loved the game of polo?
  36. Where to start working on your physique? Tips for working out
  37. How much does it cost to build a private tennis court?
  38. Strengthen leg muscles at work – office exercises for legs
  39. How do prestigious horse auctions work?
  40. How much does it cost to sail around the world?
  41. The most popular hand training devices
  42. How do you combine training with a full-time job?
  43. Ideas for sports integration of employees
  44. How much does it cost to raise a tennis champion?
  45. EMS – a modern form of training
  46. Yacht charter and leasing, or how to make money on exclusive boats
  47. Federer and other millionaires. Which tennis players earned the most in 2020?
  48. Cult golf courses – every golfer’s dream
  49. Investing in a yacht for rent – does it pay off?
  50. Benefits of playing squash that will be useful for business
  51. E-sports – an industry that pays to invest in
  52. Work ergonomics, or how to increase work comfort in the office
  53. Small exercise accessories to carry with you
  54. Carpal tunnel syndrome – what exercises will help prevent nerve ischemia?
  55. Prestigious ski destinations – which slopes are worth visiting?
  56. Beauty worth millions – the most expensive horse breeds in the world
  57. How to optimally select a racquet for a paddle?
  58. Under-desk equipment – a way to stay active during work hours
  59. How do I start playing golf and how much does it cost?
  60. The richest sports club owners
  61. What do you need to know before playing paddle?
  62. Industry football tournaments gain in popularity

Several years ago only a select few could afford to buy a sea-going yacht, be it a motor or a sailing one. Today, more and more people are not only buying them but also making money on them. Year after year, the number of yacht charter companies in Croatia and the Caribbean is growing and they can count on a reliable income all year round.

Yacht leasing

Croatia is one of the best regions for yacht charter. This is due to both the favorable climate and the relaxed rules regarding yacht registration. Equally popular are the Caribbean. A large number of Poles run their businesses in both these places.

How to finance a yacht purchase?

There are several ways to do it. The easiest one is to lease a boat. It is worth to know that not every company that provides this kind of service requires its own contribution. The boat can be leased on an individual basis, but it is also possible to deduct VAT from the cost of the boat and all the current fees associated with owning a yacht can be included in your business costs.

What are the necessary formalities step by step?

First of all, the bank will assess your creditworthiness and the potential risk associated with this type of investment. Before submitting the application it is worth to estimate the profitability of the purchase and make sure that the current repayments will not overburden the budget. It will also be necessary to calculate the maintenance costs of the chosen vessel and check how (apart from charters) you will be able to make money on the yacht. One of the options available is advertising space. The most profitable lease is the one for 4-5 years. Then you can count on the highest earnings. After that time you should consider returning the yacht to the leasing company and buying a new one. This is how a large part of Croatian charter companies attract lovers of new luxury boats. Yacht leasing is a service that can be found in the offer of many Polish banks.

Formalities completed – what next?

The next step is to sign the contract with the charter company. The next step is to sign a contract with a charter company, but before you do that, it is advisable to carry out a thorough reconnaissance of the market and have a professional advisor help you choose a boat that will suit your individual needs and possibilities. The most popular yachts in Croatia are about 13-15 meters long and can accommodate 8-12 people.

What are the cost examples for this type of boat? A Bavaria S32 from Bavaria Yachtbau costs around 540 000 PLN. The price of a new boat is from 1600 to 3150 euro for a 7-day cruise from Split to Dubrovnik. During 7 months of the season a yacht can earn about 60 000 euro in the first year. It is important to realize here that this is not a significant return on investment. This is due to the cost of maintaining the boat – registration, insurance, maintenance and cleaning. Annually it can cost even 10% of its price. The management of the boat, on the other hand, is about 20-30% of the profit made. To this should be added the cost of regular maintenance, inspections and current repairs.

A yacht has to be well taken care of, in order to earn money for itself. Then it can serve even for 20 years. However, you should be aware that the profits will gradually decrease, which is connected with the fact that the value of a boat decreases with time. Another very important issue is that the bigger the yacht, the higher the charter costs. A 7-day cruise on a 16-meter Elan 50 Impression costs around 5300-5700 euros during the summer.

Equally profitable investment can be chartering catamarans. Unfortunately, boats of this type are much more expensive, and all kinds of formalities related to them are best completed abroad.

“Even the owner of one yacht can earn on renting a boat. However, to make a living from the charter business,…

Published by News of Business Tuesday, 28 August 2018

Featured Image: Freepik

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Jude Cooley

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