BUYING & OWNI
A YACHT BERTH
YOU HAVE JUST BOUGHT A NEW YACHT AND NEED TO CHOOSE HER HOME PORT AND BERTH . WHAT ARE THE CONSIDERATIONS AND WHERE DO YOU START ?
INHERITING A BERTH
When you buy a pre-owned yacht , you do not automatically get to keep the home berth that was used by the previous owners , and the marina may have the right to prevent the berth being included in the sale . This is not usually an issue . If the berth is a short-term rental then the captain ’ s relationship with the port office will be key in keeping the berth for the foreseeable future .
ROAM VS HOME
Home berths are not obligatory , and the majority of yachts over 40m tend to rent them instead . But there are a number of advantages to buying a berth rather than always renting one :
SECURITY : With the increasing number of 70m + yachts being launched and the limited number of superyacht berths available , demand will soon outstrip supply , especially in the sought-after ports and luxury marinas of the Mediterranean . Owning a home berth gives you peace of mind in having a berth readily available .
LONGEVITY : A home berth helps to increase crew longevity . This continuity improves the owner and charterer experience on board by having a happier , more efficient and more knowledgeable crew .
SAVINGS : Compared to a monthly basis , a long-term lease is cheaper than renting . When the berth is not in use , rental income can offset or even cover the costs on the yacht ’ s berth rentals in other marinas .
MONEY MATTERS
A yacht ’ s home berth is not just a place to keep it when you are not cruising ; there can be financial implications to the location you pick , too . The tax advantage of Porto Montenegro and being able to export the yacht is the most significan a berth . OneOce VAT-free
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TAKING
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