Your Fountaine-Pajot TradeWinds 59 catamaran will be purchased and owned by a British Virgin Islands registered company, of which you will be a 20% shareholder. Only three 20% shares per yacht will be offered for sale, with the remaining 40% owned by the TradeWinds Group. This ensures that you and the other two 20% shareholders will get first priority on bookings and usage.
The initial ownership term is 6 years, after which the yacht is sold. Upon completion of the sale, you will receive 20% of the proceeds. Alternatively, should all three 20% shareholders agree upon entering into a new management contract with the TradeWinds Group after the initial 6-year term, the sale of the yacht would instead occur after 12 years.
The yacht will be Caribbean based at one of TradeWinds existing yachting destinations, and your Personal Concierge will assist in your yearly choice of sailing experiences. € 275,000 secures your 20% investment in the Fountaine-Pajot TradeWinds 59 catamaran. Your annual operating expenses consisting of maintenance, insurance, dockage, yacht registration and sundry expenses are included in the yearly contribution of €15,000 (2012).
As a TradeWinds Fractional owner, with flexibility being the key, you have two options of usage:
Option 1: A yearly usage of 6 weeks of sailing, on a bareboat basis. You have complete flexibility in how you use your cruising time, and where you sail. Your Personal Concierge will assist you in planning and booking your sailing time. The free services of a skipper is mandatory, to assist with the yachts’ systems, handling and navigation. This option is perfect for the owner who wants to be in charge of his own yacht, and it requires a certain level of sailing proficiency.
Option 2: A yearly usage of 3 weeks of sailing, on a fully crewed all-inclusive basis. Again, you will have the flexibility in choosing when & where you sail. However with this option, you can sit back and let your professional crew look after the details such as provisioning, cooking, cleaning, yacht handling and navigation. Your full service includes all meals & drinks, crew, cruising permits and taxes, fuel and water. This option is perfect for the owner who desires a high level of service and pampering whilst sailing. A true 5 star treatment for all guests on board.
A usage combination of the two above options is also available. You simply choose your sailing experiences for the following season, and off you go!