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Fairline Squadron 55 Boat Share
Boat Share based in Mallorca
BIN Price£42750.0
Start01/12/18 10:37 PM
End08/12/18 10:37 PM
Fairline Squadron 55 Flybridge Motor Yacht Moored in the Port of Alcudia Mallorca 1/8 Share for Sale 6 weeks a Year. The boat is a Fairline Squadron 55, with a Williams jet rib tender. There are a total of 6 weeks per year where you can enjoy the boat to explore the island, anchor in crystal blue waters and even enjoy a nice cool swim and lunch. This is a rare opportunity to buy a share in this boat. Summary The boat is moored on a gated private pontoon to which only boat owners have secured access. The boat is cleaned inside and out before each syndicate member arrives. All the cabins are made up, with fresh bedding and towels.Boat specifications include Three cabins, one double one convertible double and two single bedsTwo showers Air conditioning in all cabins Spacious saloon Well fitted galley plus laundry room Two fridges One freezer Flybridge fridge Flybridge electric bbq Bimini x 2 Bowthruster Twin Volvo Penta D12 diesel engines Monthly FeesThe syndicate costs are based on a monthly fee of £350.00 per member this covers maintenance and moorings fees, but we suggest you budget for around £5k per annum. Home Marina Please see link that shows our marina The Port of Alcudia boasts many fine bars and restaurants, all within minutes of the boat. There is a beach nearby to give alternative options for your family, you can also dine at the Botel Alcudiamar which is just a walk away. See web site below RYA Training You must have at least day skipper and a ICC, then it is mandatory that you have a few days training with a local skipper to get used to the boat. If you do not already have the required qualification this typically costs about £1600. The majority of us have come from a sports boat background, and taken our day skipper training on the boat to achieve the RYA ICC as part of our first holiday. The Syndicate We have over 3 years experience in Alcudia. We run with a boat manager and treasurer. All decisions made are on a majority basis.There is a separate bank account for running the boats finances. Legal All members are included on the boat certificate registered at the Maritime & Coastguard Agency.The boat has been purchased, VAT paid and registered in London and operates under UK Maritime law. Yearly Running Costs Typically very little is lost on share values, and remains a good investment. To charter a boat like this will cost £12-15,000 per week. Yearly AGM - Week Selection Process Weeks are chosen each year for the following season. All dates for 2019 have already been allocated.The most senior member (by order of purchase of share) chooses their first week then it goes around the table, until all eight have their first chosen week. Then the process continues in the same format until all have six weeks chosen. Quite often due to changes in circumstances weeks are swapped between members. Maintenance Programme The boat normally comes out of the water early February for antifouling/polishing and servicing. Changeover day is a Monday. Please email me for further details, enjoy the blue waters and all year sunshine of Mallorca in your own super Yacht. A half day hand over is included in the selling price.The price is fixed and there is NO Auction.Bankers draft required for full payment
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