You don’t have to be a millionaire to own a yacht. Yacht ownership can be an exhilarating and at the same time rewarding investment. Moreover an important issue to be taken under consideration is the benefit of the yacht charter income. The yacht charter income is not burdened with tax in Greece.An additional advantange in the return on investment figures is the value added tax that you save with such an investment. When you buy your new yacht, you will initially not need to pay value added tax because charter boats are normally exempt from value added tax (24%) in Greece. In addition, the purchase price of the yacht will also be lower thanks to the fact that no VAT is due, a fact that can be important if you are considering taking out a loan. Twice a year, the owner will receive a clear and exact list of the bookings and charter income for his vessel. Accordingly, the owner receives his relevant share of the profit twice a year.
Also, you receive a high return on investment between 7-12%.
If you own a yacht under LMB management, 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 an LMB management plan, you save all the expenses and you have the opportunity to sail and 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?
We offer the following yacht management plans for the purchase of your yacht:
Plan No 1
– GUARANTEED INCOME –, you pay the full price of the purchase of the desired yacht and receive a fixed amount of annual income for the duration of the contract.
Plan No 2
– PAYMENT AT TWO TIMES –, you pay significantly less, only a part of the purchase price of the desired yacht, but you split approximately your payment in two parts, one at the beginning of the contract and another at the end.
In this project you have also the option not to pay the second payment at the end of the contract and to leave the yacht in the ownership of LMB without any further obligation from your side.
Plan No 3
– OPEN MANAGEMENT –, you can pay the full price of the purchase of the desired yacht, or you either make a single payment and we finance you the rest and you receive a flexible annual income in accordance with the charter sales performance & the yacht’s expenses.
All plans have duration between 4 and 7 years and they are ending at all cases, regardless the delivery date of your yacht, by the 30th of October of the year the contract ends.
We can of cource plan a different duration of contract for your yacht in accordance with your needs.
There are not any!
In plans No.1, No.2 and No.3, LMB undertakes all the expenses and repairs during the duration of the contract.
“Mooring Fees, Insurance, Maintenance repairs, Spare parts, Winterage, Antifouling, welcome of the charter guests, Check in, Check out, marketing costs for the charter sales, etc” are covered from LMB
You can enjoy the pleasure and freedom of yacht ownership without having to worry about all these necessities.
The number of weeks you may use your own yacht (or similar) depends on the season you choose (high, mid, low). They are 6 weeks in low season or 3 weeks in mid season or 2 weeks in the high season. A combination between the seasons is also possible.
Additionally you can take up to a further 4 weeks of short notice use each year, out of which the 2 weeks must be used only on your own yacht and the other 2 on any similar (or smaller) available yacht of the entire fleet.
To qualify as short notice use the reservation/booking must be made maximum 8 days prior to departure, and is of course subject always to the availability of the yachts.
Above conditions are valid only for projects No 1 and 2. For project No 3 the owner uses are restricted only to your own yacht.
The costs of use to be charged to you are only:
- EURO 130 for each departure for our administration and yacht preparation costs
- The cost for the purchase of the security deposit
- The costs of any options required.
If you would wish additional guaranteed weeks of use, this is also possible at a charge as per our charter pricelist valid each time minus a 40% discount specially granted to you.
For low season, extra guaranteed weeks of use are possible to be arranged without cost.
On the other hand if you do not wish to use your yacht at all, it is possible to offer you better financial conditions, upon request.
Please note that all our offers are on ex-taxes base, therefore any fees to be paid to the authorities, such as income tax or other taxes that might arise in the future and we could not charge totally or partially to the charter clients, will be on your charge.
In the end of the Management plan, you may either decide to extend the management of your yacht with LMB 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.
We can offer you quotations for the following types : Bavaria, Dufour, Fountaine Pajot, Jeanneau, Beneteau & Lagoon .
We can offer you a variety of Second Hand Yachts for sale . The conditions depend on the type and the age of each yacht