Yachting Art Magazine

Dream Yacht Worldwide launches Second Wind, a management programme backed by pre-owned yachts

Dream Yacht Worldwide launches Second Wind, a management programme backed by pre-owned yachts

Dream Yacht Charter, the market leader in yacht charter and management, is launching an atypical programme based on the Group's pre-owned yachts. It's a clever way of extending the useful life of your yachts.

Sailing yachts, whether catamarans or monohulls, have become expensive, very expensive. With price increases of almost 50% in just a few years, it's no longer easy to sell these beautiful new machines. Add to the increase in prices that of interest rates and the problem is posed. No matter how you turn the problem on its head, boats have become expensive, very expensive, too expensive. You'd have to be a magician to overcome such difficulties?

That's why Dream Yacht Worldwide has come up with Second Wind, a short management programme based on second-hand yachts. These are refitted yachts that sell for much less than new ones.

According to Florentin le Noxaic, Yacht Sales Director & Global Product Development, this is a rather clever programme.

The Second Wind programme covers a selection of monohulls and catamarans owned by Dream Yacht Charter. The list includes a dozen vessels from the Lagoon 52 (€725K), Bavaria 46 Cruiser (€190K) Bali 4.5 (€415K) to the Dufour 310 (€110K), all of which have been refitted, so the choice is wide.

These boats will be refitted at one of Dream Yacht Charter's major bases in Trogir, Port Pin Rolland or Athens. The standard programme includes changing the sails, rebuilding or replacing the engine and cushions, and refurbishing the varnish. Batteries, pumps and electronics will also be changed, depending on the condition of the boat or the last time the batteries were changed.

These refitted yachts will be offered under a new type of guaranteed income management programme.

This is a programme in which Dream Yacht covers all costs (insurance, port, maintenance, etc.) and pays back 10% of the value of the yacht at the start of the programme each year. Running for 24 months, this programme generates total income of 20% of the value of the yacht.

Investors will also have weeks to spend on the yachts in the fleet. However, as this is an investment in second-hand yachts and weeks on new yachts, each week used ‘costs’ 1/10th of the annual return.

At the end of the investment, the investor gets his or her boat back, freshly refitted, for around 40% of its new value, once the guaranteed income has been deducted.

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