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Yacht Management

The Concept of yacht management


Millionaires or big investors are not the only proud owners of private yachts. Yacht ownership can be an exhilarating and simultaneously rewarding investment. If you own a yacht under Ron-Ka Yachting, you can sail your yacht without worrying about the costs of the insurance, marina, spare parts and maintenance.

You can leave all the costs related to your yacht and the corresponding trouble to us; the only worry left to you is scheduling the period and the area of your holidays.

To buy a yacht and keep it private is very expensive. It costs a lot more to maintain and keep the yacht in good condition. Furthermore, the owner can sail only within certain navigation limits!

When you buy a yacht through a Ron-Ka Yachting, you save all the expenses and you have the opportunity to sail from 2 departure bases within the Mediterranean & the Caribbean, while at the same time you have an income. Therefore, why don't you leave it to the professionals, who guarantee that having a yacht is not a source of extra costs and trouble but a source of extra income and fun? YACHT MANAGEMENT PROJECT Ron-Ka Yachtingoffers basically 3 projects of yacht management for your yacht:

In Project No 1, you advance the value of your yacht.
In Project No 2, you advance only a part of the value of your yacht.
In Project No 3, the risk and profits of yacht's operation, is shared between you and Ron-Ka Yachting.

All projects have duration of 5.5 years and the yacht management ends by the 30th of October for the Mediterranean and by the 30th of April for the Caribbean. The duration of the contract can be adjusted according to your needs

In the projects No I and No2, Kiriacoulis undertakes all the expenses for the operation of your Yacht: The commercial costs for the marketing of your yacht, i.e. brochures, advertisement, boat shows and all relative costs.

The cost of services, i.e. reception of the clients, inventories, check-in & check-out, preparation of the yacht, technical assistance during the cruises. The technical costs, i.e. running maintenance, repairs, spare parts, winter maintenance and antifouling. Insurance of the yacht covering all risks. Mooring fees.

PROJECT No 1
In this program, in which you have fully advanced the value of your yacht, we pay you for every year of management, a percentage out of the purchase value of your yacht excluding taxes.

PROJECT No 2
In this program, for minimizing the funds necessary for the purchase of your yacht, we require a partial payment (out of the purchase value, ex. taxes). A credit with our bankers is arranged for the rest of the value of your yacht. The only guarantee required from you is a nautical mortgage on your yacht. Ron-Ka Yachting will repay this credit plus interests to the bank within the duration of the management of the yacht (5.5 years). At the end of the management period the full ownership will be transferred to you free of any debts.

PROJECT No 3
In this program, no matter through which financial procedure you have bought the yacht from us (full or partial payment), we guarantee a minimum chartering period of your yacht of 90 weeks within the 5.5 years of management. In this project the costs are: a. 30% on the charter contracts value, which pays for the commercial costs of marketing your yacht, i.e. brochures, advertisement, boat shows, and all relative costs. b. EURO 175 per month for the cost of services, i.e. reception of the clients, inventories, check in / check out, preparing of the yacht, technical assistance during the cruises, running maintenance.All other costs such as insurance, place in the port, spare parts, repairs, winter maintenance, antifouling etc., are on your charge and control. Within this program your net income from charter is not fixed because it depends on:

a. The Number of booked weeks.

b. The Volume of expenses of the yacht, which means that you participate in the risks and profits of good or less good charter seasons, however you participate fully in the risks and profits of the whole management.

THE FINANCE OF YOUR YACHT
In projects No 2 & No 3, a finance possibility requiring a 30% minimum down payment is also offered. The remaining value can be financed up to a 5.5 years period (5 years in project No 3) in six-monthly equal installments with annual interest rate of 7% in EURO.

PERSONAL USE OF YOUR YACHT
We are very flexible concerning the use of your own yacht, considering how important it is to use the yacht that you have paid for, for the longest possible time. Therefore, we offer you the possibility to use your yacht, any time you wish, under the condition that she is free from charter. The only thing you have to do is call us 30 days before the desired departure date, in order to be informed about the availability status. On the other hand we can secure you a minimum use -especially during the high season- by guarantying you a certain number of weeks (only on projects No 1 & No 2) on your yacht (or on similar). The minimum guaranteed weeks concerning the owner's use are: 6 weeks in the low season, or 3 weeks in the middle season, or 2 weeks in the high season. The costs of use to be charged to you are only: a. EURO 153 for each departure for our administration and yacht preparation costs b. The cost for the purchase of the security deposit c. The costs of any options required. If you would wish additional guaranteed weeks of use, this is also possible at an extra charge of 1% per extra week per year (% calculated over the full value of your yacht).

END OF THE MANAGEMENT
In the end of the Management plan, you may either decide to extend the management of your yacht with Ron-Ka Yachting under similar conditions or you may decide to sell it (our sales department is at your disposal to arrange the best possible conditions). We can even exchange it over a new yacht. Of course there is always the option to keep it as your own private yacht. Our staff can still maintain it and arrange, what you might feel appropriate to your yacht. In the end of the management, the yacht and its equipment are delivered to you, in good working condition, in the same shape as they were new with the extension of the natural wear. You will also get a set of sails not more than one year old.

CONTACT
For more detailed information about the management project and the yacht choices please Contact us.

Ron-Ka Yachting Co Ltd STI

43. Sok No. 12 1
48700 Marmaris, Mugla, Turkey

Tel +90 252 412 0026
Fax +90 252 412 0126
Email Us
+90 532 317 7831

http://www.yachtworld.com/turkeyyacht


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