Second-hand boats and rental management
Become the owner of a €150,000 boat for less than €3,500 per year
Contrary to popular belief,rental management services are not exclusively reserved for new boats, and can represent an opportunity for buyers of second-hand boats. By using this type of programme, you canrealise your dream of owning your boat while drastically limiting the total cost of your investmentwhilst benefiting from the many advantages offered (berths, maintenance and winter storage, rental income, ...).
Provided you choose the right model (manufacturer, year, popularity, configuration, depreciation and potential resale value), you can own a boat for a few years while significantly reducing the cost of ownership!
By considering the purchase and resale amount of your future boat as well as the balance between expenses and income generated over 7 years, you could, for example, be the happy owner of a boat worth €150,000 for an annualised cost lower than that of a berth!
Explanations and example
A profitable operation
The management of renting a second-hand boat should not be seen as a financial investment in the same way as it can be in programmes for new boats on a lease with guaranteed income; it is difficult to precisely establish the projected profitability and that is not what should be sought. What should be aimed for is primarily the amortisation of the purchase and the reduction of operating costs by sharing its use.
From a few real examples, discover that it is possible to sail for free or almost free with your boat!
You buy a second-hand boat worth €150,000 which you integrate into a rental management fleet for 7 years and then resell it for €75,000. Let’s imagine that your boat is rented out for a few weekends, as well as one to three weeks in the months of April, May, June, September, and several weeks during July and August; you can expect to have a net rental income (once the management agency's commission is deducted) of around €15,000 to €20,000. In parallel, you will have to pay the annual management charges (berth, insurance, maintenance, winter storage, consumables, etc.) which can be estimated at €10,000.
If we do the maths, the result is as follows:
- Purchase of second-hand boat =- €150,000
- Net rental income: (€17,500 x 7 years) =+ €122,500
- Management charges: (€10,000 x 7 years) =- €70,000
- Resale of second-hand boat =+ €75,000
Balance of the operation over 7 years = - €22,500
Ultimately, your purchase will have cost you €22,500 over 7 years, which is just €3,200 per year, an amount likely lower than what you would have to bear as a boat owner!
Discover the benefits of boat rental and management programmes
Whether you are an experienced sailor or a passionate amateur, the possibility of owning and sailing your own boat may seem irresistible. However, buying and maintaining a boat can be a costly and time-consuming venture. This is where boat rental and management programmes come into play. These programmes offer a practical and advantageous alternative to exclusive boat ownership. Let’s take a closer look at the many benefits of these programmes.
Rental and management programmes offer a practical and advantageous alternative to exclusive ownership of a sailing boat. By sharing costs and responsibilities, you can enjoy the pleasures of sailing while significantly reducing the financial costs and burdens associated with boat maintenance. Additionally, these programmes provide great freedom and flexibility, allowing you to plan your outings according to your availability. You also benefit from professional assistance and technical expertise from the programme management team, as well as rental income.
1. Shared costs and financial savings
One of the main advantages of boat rental and management programmes lies in the ability to share costs. Instead of bearing the maintenance, storage, and insurance costs of your boat alone, these expenses are pooled and covered by the rental management agency. This significantly reduces the financial burden for each owner while providing the opportunity to sail on a quality boat.
2. Freedom and flexibility
Boat rental and management programmes offer great freedom and flexibility to participants. You can book your sailing time according to your own availability and preferences. This means you can enjoy the pleasures of sailing without worrying about the maintenance and responsibilities associated with owning a sailing boat.
3. Professional assistance and technical expertise
When you participate in a sailing boat rental and management programme, you benefit from the professional expertise of the team in charge of the programme. These professionals take care of the maintenance, repairs, and general management of the sailing boat, freeing you from these constraints. They ensure that the boat is in excellent working condition and ready to sail when you wish. Additionally, they can provide you with advice and recommendations based on their experience, which is particularly useful if you are new to sailing.
4. Generation of rental income
When you are not using your boat, the management agency markets and rents out your boat, ensuring that they guarantee the seriousness of the tenants, assisting them in properly handling your boat, and making sure it is maintained in impeccable condition. The icing on the cake is that the agency returns the majority of the income generated from these rentals to you.
Would you like to know more?
At Atlantique Yacht Broker, specialists in the brokerage of second-hand boats, we assist you in identifying second-hand boat models that meet your needs while being eligible for these programmes (year, popularity, configuration, equipment, depreciation, and potential resale value at the end of the programme) as well as in finding the base or agency that will meet your expectations (home port, flexibility, profitability, and income, ...). As specialists in the sale of second-hand boats, we also ensure the resale of second-hand boats at the end of the management rental programmes to help you maximise the leverage of your investment.