Are you a yacht-owner who is looking to have fun on the water but don’t want the responsibility and costs of full-time ownership? Instead, consider fractional (shared) ownership through cooperatives. It provides many benefits. “all of the luxury and none of the hassle”According to Saveene management company and yacht co-op

Many yacht owners and potential owners are concerned about the extra costs associated with luxury boating, including cleaning, maintenance, and crew pay. Saveene offers flexible and economical fractional purchasing options. You will have more yacht use the more fractions that you buy.

An example: A 10% purchase will give you approximately 4 weeks of boating time per year. However, 20 percent gives you 8 weeks.

Another advantage of fractional ownership is:

Flexibility. Saveene fractional owner can buy up to 10 fractions for their yachts. Saveene can help them sell these fractions if needed or owners can also sell their fractions.

There are many styles of yachts available. They range from 40 feet up to 90 feet. All are equipped with luxurious amenities and rooms. An online scheduling tool allows fractional owners to select outings for a few hours, day trips or overnight excursions.

Fun.Relax and enjoy the ride. Saveene will arrange and prepare your yacht for you. A professional crew and concierge will plan your perfect outing for you, whether you are bringing one or two people, friends, family, business associates or extended families with different ages. Saveene yachts allow fractional owners to bring their own food and beverages.

Finance. You can enjoy luxurious boating every so often with fractional ownership without worrying about the cost of maintaining, repairs, insurance or storage. Why pay 100 percent plus 10 percent for maintenance when you can only use 10 to 50 percent?

Additionally, you have the option to buy 100 percent of your yacht. Saveene will manage your yacht in this instance. Saveene offers tax write-offs. A maintenance-free option is available as well. This means that there are no monthly payments.

Here’s an example to show how fractional cooperative ownership works. Mr. Smith purchased a 10% interest in a 4-stateroom yacht for $89 980. This gives him an average of 3-4 weeks per year of yachting. He can also buy additional yachts if that isn’t enough. He can sell his fraction through Saveene, or by himself if he wants to give it up.

Saveene offers many yacht co-op options that will fit every budget. Its Florida location makes it easy to enjoy the great yachting conditions all year.

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