What is charter management?

For many boaters, owning a yacht is an adventure; it offers freedom and the opportunity to enjoy uninterrupted time on the water with loved ones. However, traditional yacht ownership comes with ongoing responsibilities such as maintenance, repairs, and dockage. This is where our option offers the perfect solution: charter management through Navigare Yachting. 

Charter management is a yacht ownership model that allows owners to place their yacht into a professionally managed global charter fleet. While the yacht generates income through bookings, Navigare handles all operations and maintenance. Meanwhile, owners enjoy hassle-free access to the water in the world’s premier sailing destinations. 

Navigare’s ownership programs are designed to make ownership more accessible, rewarding, and effortless, combining the lifestyle benefits of owning a yacht with the rewards of financial returns. 

How Does Charter Management Work?

When an owner decides to purchase a yacht and place it in one of our programs, Navigare takes responsibility for all routine maintenance and repairs, charter bookings and guest services, dockage, insurance, technical support, and management. This allows owners to focus on their time on the water, leaving the yacht operations to the professionals. 

Steps to charter management

Step 1 – Choose a Program Type

Navigare offers two charter management programs: the Ultimate Program and the Complete Program. The Ultimate Program is a well-balanced ownership option that combines lifestyle benefits with financial rewards. It offers a variable return paid annually for up to 7 seasons, with operational costs covered by the owner. The Complete Program gives owners peace of mind with a guaranteed annual income for up to 6 seasons, with operational costs covered by Navigare. 

Step 2 – Choose a Yacht

Navigare offers the most in-demand models available on the market, from high-end sailing catamarans to the sleekest monohulls and best-designed power catamarans. No matter what kind of cruising you are into, we have a yacht for you. 

Step 3 – Select a Destination

One of the main benefits of being an owner in a charter fleet is the ability to use other yachts in some of the world’s best sailing destinations. Navigare offers a select assortment of exclusive cruising spots, including locations chosen for the Tripadvisor Traveler’s Choice Awards year after year. Soak up the sun in the British Virgin Islands or explore the historic waters of the Adriatic Sea from our Croatia base. The possibilities and adventures are limitless.

The Benefits of Charter Management

Reduced Ownership Costs

One of the most prominent benefits of owning a yacht in a charter fleet is the ability to offset the expenses of traditional boat ownership. Charter revenue can help reduce the overall cost of ownership, making it possible for many boaters to enjoy a larger or newer yacht than their budget would otherwise allow. Depending on the management program, owners receive guaranteed income or generate revenue from charter activity. 

Professional Yacht Care

Yacht maintenance requires expertise, time, and constant attention. Navigare’s professional care team handles repairs, maintenance, inspections, and servicing throughout the life of the contract. Meticulous and consistent maintenance helps the yacht retain resale value and takes the burden off the owner. 

At the end of the program, each yacht goes through an extensive phase-out process, so when you pick up your yacht, you can rest assured that it is in peak condition. 

More Time to Sail

Being a part of a charter management program is so much more than financial benefits. Owners take advantage of sailing time year-round, allowing them to explore new sailing grounds or old standbys without sailing a yacht to that destination. Simply arrive at the base, step aboard, and get to what ownership is really about… time on the water. 

Simplified Ownership 

While traditional ownership can almost feel like a second job, charter management is designed with ease in mind. This hands-off ownership structure reduces the complexity, leaving every detail in expert hands

 

Experience Yacht Ownership Differently

Yacht charter management has transformed the way many sailors achieve their lifelong goal of owning a yacht. By providing an easy avenue to not only ownership but also travel and time on the water, Navigare achieves its goal to offer sailors a hassle-free ownership option. 

Let our experts help you make this dream a reality.