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Ferretti Custom Line 97, new fractional ownership program by Floating Life

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FLOATING LIFE CHARTER&BROKERAGE INTRODUCES THE FRACTIONAL OWNERSHIP FOR CUSTOM LINE 97 – M/Y INSPIRATION B ABOUT THE YACHT INSPIRATION B CUSTOM LINE 97

Her smooth silhouette and interior styling are the product of uncompromising expertise by in-house designers and engineers.  Every aspect has been carefully considered, resulting in a craft that is both modern and sophisticated. Magnificent views can be enjoyed through the newly designed panoramic windows in all of the guest cabins.

Stepping aboard Inspiration B, you will immediately be struck by her elegance. The spacious deck areas and stylish interior leave nothing to the imagination; every detail has been finished to exacting standards. Fittings and materials are of the highest quality and attention to detail is second to none. Created by master craftsmen, no expense has been spared for this wonderful yacht.

The saloon is an area of uncluttered elegance where you can relax and entertain. A fully equipped bar is situated on the starboard side, and a spacious wine cooler is provided as an extra. The dining area provides seating for up to eight guests. At the touch of a button a 42-inch plasma TV with surround sound, folds down from the ceiling. Here you can sit back and enjoy a movie or follow your favourite sport whilst relaxing in luxurious comfort.

Aft Deck and Fore deck

This is the ideal place to start your day, with breakfast in the open-air, or enjoying evening cocktails among friends whilst relaxing at your favourite resort. There is a table that will seat up to ten guests, and a large additional sofa facing the stern. Also provided as an extra on the Inspiration is a 37-inch B & O TV, which is automatically lowered, from the ceiling. Here is the perfect setting to meet and greet guests as they arrive aboard this fabulous yacht.

The Master Stateroom 

This is forward of the galley and saloon, and designed to the highest specification. This magnificent suite is provided with many extras including a wireless a B&O TV with surround sound, and Radiomarelli Playtime slave. The panoramic windows are fitted with remote controlled electric blinds, and an extra large shower unit is installed in the bathroom. In addition there is a two-seat sofa, vanity unit and walk in wardrobe.

Fly bridge

Relax in style on the fabulous Fly Bridge. Here is the ideal place to laze in a fresh sea breeze, or watch the sun set over a distant horizon. Sit at the helm and experience the thrill of driving this magnificent craft through the water at high speed. Enjoy a barbeque with friends or sit back in the Jacuzzi. Fully equipped, the sun deck is designed for total relaxation and includes cooking facilities and a dining area for up to ten people.

FLOATING LIFE CHARTER&BROKERAGE INTRODUCES THE FRACTIONAL OWNERSHIP FOR CUSTOM LINE 97 – M/Y INSPIRATION B

Floating Life Charter&Brokerage – after the successful launches of Yacht Plus superyacht fractional ownership program in 2009, today announces the introduction of the most astute and financially sensible way of living the superyacht: a new fractional ownership program for M/Y Inspiration B a Custom Line 97.

Floating Life Charter&Brokerage provides this “third way” to experience the joys of owning a superyacht, by taking the hassle and costs out of yacht ownership and adding the service of Floating Life Owners; a powerful new equation in luxury yachting.

The concept of fractional ownership is becoming acknowledged as the logical and more astute way of owning high-end luxury products – be it yachts, property, planes, cars etc. This 2015 new fractional ownership offer is based on the relevant achievements that Floating Life had from the launches of Ocean Emerald (2009), Ocean Pearl (2010) and Ocean Sapphire (2011), the management and the chartering of the threes 41m superyacht Foster+Partner’s design.

Nothing compares to the sense of sovereignty from owning a private luxury yacht. But very soon the yacht will take control of owners’ life. Maintenance worries plague year-round. Costs easily spin out of control. Crew is hired full-time even when most owners only use their yachts for a few weeks per year. Yacht charter does not satisfy either.

One of the many benefits of fractional ownership is that it allows owners to enjoy a luxurious and prestigious lifestyle at a fraction of the cost of sole ownership while freeing up capital for other forms of asset allocation that would otherwise be invested as a sole owner.

Custom Line 97 M/Y Inspiration B fractional ownership program 2015

Price & Costs Estimation*

Share entry fee**

€ 2.000.000,00

Yearly operating costs (approx)

€ 300.000,00

*based on 50% share scheme (2 owners)

2015 Charter income estimation 

High Season

Low Season

Weekly Charter Fee Mediterranean

€ 65.000,00

€ 60.000,00

2015 Charter income (10 weeks overall)

€ 650.000,00

€ 600.000,00

*based on 2014 week on charter report

Service – Enjoy Consistent Service. Inspiration B has a keen, reliable and fully trained crew, including Captain, first officer, chief stewardess, chef de cuisine, and hostess (the first three members are hired; the remaining crew is seasonal though we work to guarantee the same team of professionals). In addition, Floating Life Concierge provides for all necessary bookings on your behalf. For the first time, we bring professional hospitality to the yachting space, putting service central to our offering.

Costs – Compelling Financials. The financials are compelling. Crew and maintenance costs are shared between the owners. As an owner, you benefit from 10 weeks cruising each year in the Mediterranean (and the Caribbean as optional). Alternatively, you can charter out your unused weeks through Floating Life and receive the open-market weekly rate. As a result, you can enjoy affordable access to a genuine superyacht.

No Hassle. Floating Life takes the hassle out of yacht ownership by managing, maintaining, crewing and repositioning Inspiration B on behalf of her Owners, keeping her in top condition all the time, without you having to lift a finger.

Concierge – Floating Life Lifestyle management. As a part of its commitment to providing the ultimate in hospitality and service, Floating Life team offers a personalised service available to all owners seven days a week. The Floating Life Concierge will have the responsibility of taking care of all requests ranging from bookings, private transport to and from the yachts, cuisine and wine requirements to shore excursions, medical needs and hotel accommodation if required, thereby allowing owners the freedom to simply relax and enjoy the whole experience.

Charter. Owners in fractional may charter out selected weeks (or a portion of them), and receive a share of revenue if unable to use them. Floating Life provides a world-class yacht charter service that is unparalleled, matching the right clients with stylish and luxurious yacht to provide the best solution for all.

SUMMARY OF TERMS 

OCCUPANCY 

Availability: 10 weeks per year in the Mediterranean (Caribbean optional)

Season: Mediterranean – As per Inspiration B annual calendar

Occupancy: 10 weeks per year per 1/2nd

Usage: Subject to week selection – Peak and off peak weeks

Booking: On a rotation basis

Repositioning: yacht has repositioning cost for cross-Atlantic ferrying and when yachts are embarked or disembarked at home port

PRICING 

Yacht: 4.000.000 Euros

1/2 Share: 2.000.000 Euros

ANNUAL DUES 

Basis: Level:  300.000 Euros per year

Included: Permanent crew of 3 and 2 seasonal crew members, Maintenance and Management, Insurance, Home Berth, Operations, Floating Life Concierge services.

Only consumables (food, drinks, fuel burn and harbor fees whilst on board, telecoms) are not included.

YACHT

Yacht: Ferretti Custom Line 97

Yacht Type: Motoryacht

Accommodation: Guest cabins, 5 guests sleeping, 12

Crew: 5

Yard: Ferretti Custom Line

Registration: RINA – MCA

Flag: Malta

Year: 2006 and refit 2011

Floating Life website details: http://floatinglife.com/yacht_charter_scheda.php?ID=5

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