BoatShare™
Based on the principle of timeshare, Saffron Marina has introduced BoatShare™ in order that you can own a part-share in the boat of your choice. Using our BoatShare™ option, once you find the boat you like, you can opt for a BoatShare™ stake. All boats have a maximum number of 3 BoatShare™ owners, which makes up 75% of the boat. The last 25% will always be owned by Saffron Marina, in order to ensure the boat is managed correctly and kept in-line with the maintenance schedule and keep the market price. Your BoatShare™ can always be sold back to Saffron Marina with a maximum depreciation of 35% of the original BoatShare™ price you paid per year. The market value of the boat is updated on a yearly basis.
See example:
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Boat Selection: |
Silverton 312 Sedan Cruiser |
| Year: | 1993 |
| Length: | 32ft. |
| Engine: | Mercruiser 180hp x 2 (Diesel) |
| Generator: | kohler 5kw with dual zone a/c |
| Location: | Hong Kong |
| Price: | HK$ 428,000 |
| Mooring: | HK$ 4,000 per month |
| Maintenance: | HK$ 42,800 per year |
| Total Cost for 25% shareholding | |
| Initial payment of: | HK$ 107,000 |
| Monthly payment of: | HK$ 3,900 |
| Usage: | minimum 91 days, or 13 weeks or 3 months per year |
Other charges are skipper fees of $800 per day Deckhand $600 per day, plus fuel used per outing.
Choose to have your friends as other BoatShare™ partners in your boat or meet new friends. All managed by Saffron Marina.
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