The bareboat and crewed charter boat holiday industry is experiencing remarkable growth globally. Originating in the Mediterranean and Caribbean in the early ’70s, the industry has expanded to include charter fleets operating in some of the world’s most stunning sailing destinations.
Approximately 90% of the boats in these charter fleets are privately owned by individuals or boat syndicates. These owners operate their boats as a business, generating financial returns while also enjoying regular holidays afloat.
The most popular type of charter is the “bareboat charter,” where clients with sailing experience can charter a boat without a crew. This option allows them to explore cruising areas with their friends or family at their own pace. For larger vessels, typically over 55 feet, a fully qualified crew is often provided, allowing clients to relax and enjoy their holiday while the crew takes care of everything.
This thriving industry offers a unique blend of leisure and investment opportunities, making it an exciting prospect for cruising enthusiasts.
Is a Charter Boat Right for You?
Investing in a charter yacht offers numerous benefits, especially for those who love the idea of owning a boat but lack the time to use and maintain it year-round. Here are some key advantages:
Flexibility and Freedom
Yacht charter boat investment allows you to sail your own boat in some of the world’s finest cruising grounds whenever it suits you. When you’re not onboard, the boat earns you an income and is professionally maintained.
Income Generation
Similar to owning a serviced apartment, a charter boat can generate significant income. Typically located in popular tourist destinations like the Whitsundays, these boats are professionally managed and maintained by charter operators. They are usually hired out to holidaymakers for 150 days or more per year, generating solid net annual incomes after management fees and maintenance costs.
Professional Management
Charter boats are managed and maintained by experienced operators, ensuring they remain in top condition. This professional management means you can enjoy your boat without the hassle of day-to-day upkeep.
Long-Term Investment
While older vessels may require a lower initial investment, they might incur higher maintenance costs over time. However, charter boats are generally considered fantastic long-term investments, allowing you to enjoy the sea while still making a profit.
When considering charter boats for sale, it’s important to evaluate potential returns and decide on the size of your investment accordingly. Whether you opt for a newer boat with lower maintenance costs or an older vessel with a lower initial payment, charter boats offer a unique opportunity to combine leisure and investment.
How We Can Help
With over 30 years of experience in the charter boat industry, our team at The Yacht Sales Co. understands the needs of both boat owners and operators. Finding the right balance is crucial, and we are here to assist you in sourcing and purchasing the perfect new or pre-owned yacht for inclusion in a charter fleet.
We offer a great selection of new sail and power boats, as well as a range of quality pre-owned charter yachts for sale. Whether you’re looking for a sailing catamaran or motor yacht for use in a charter operation, we have a vast range of options to suit your needs.
Before investing time and money in researching charter boats, it’s important to check your local taxation laws to ensure that a charter boat for sale will work for your current situation. Buying a yacht for commercial operation is a complex process, so we strongly recommend taking your time and completing a thorough due diligence process.
Contact The Yacht Sales Co. to explore our range of charter boats and find the perfect investment for your yachting dreams.
