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Frequently Asked Questions

Instant YachtificationTM


What is included with the quarterly fee?

The quarterly fee covers crew costs, maintenance, insurance, and repositioning to locations on the cruising schedule.

Why is there no tipping?

As an owner, there is no need for you to tip. The rule of thumb for tipping is usually 10%-20% of the charter. For ownership we pay our AvYachts* crew above industry standards. The AvYachts* crew is also on an incentive program. All of this is included in your quarterly fee.

What are the extra costs after I pay the quarterly fee?

  • Option #1 - If you decide that shared ownership is not for you within the first year of ownership, AvYachts* will buy back your share of the yacht for 70% of what you paid, guaranteed, no questions asked.
  • Option #2 - If you decide you want to sell your portion of the yacht at any point before your five (5) year term is over, AvYachts* will market your portion of the boat and sell it for you as if it were a full yacht sale.

Who owns the yacht?

You would be purchasing a portion of an LLC that owns the Yacht. You will own the portion of the yacht that you decide is right for you.

How is the yacht divided?

Thirty (30) weeks are available per year. We divide that into 10% increments at three (3) weeks. An owner can buy as many 10% increments as they need.

Is there a benefit to buying more than one 10% interest?

Owners that own 20% or more are guaranteed at least 10 holidays of their choice over the five (5)-year time.

Why only 30 weeks?

To stay well maintained, a yacht needs to spend six (6) weeks a year in the yard. It takes time to reposition the yacht to the different destinations. Plus we need turn over days to prepare the yacht for the next owner and give the crew time off. The yacht is not used for more than thirty (30) weeks a year.

What happens if another owner defaults on their payments?

AvYachts* will act as the management company. They will be responsible for collecting quarterly fees. Thus, if an owner defaults on those payments, no other owner will be affected.

How do I select my weeks?

Sign on to your Owners App to begin the yearly process. We conduct a round-robin selection process starting with the first person to purchase. The selection process continues throughout all owners in order of purchase. The following year, the first person will be second in turn. You will be selecting from more than thirty (30) weeks made available so you have lots of options to book up to 30 weeks based on the location and dates that you want to travel.

Do I have to book only seven (7) day weeks?

Flex weeks are available at the homeport in South Florida. You can book four (4) single (1)-day trips within the flex weeks or two (2) three (3) days trips instead of a full week.

What if I don't need all my weeks one year?

One of the perks of Instant Yachtifcation* is that we can gift our owner's membership to Elite Alliance, a network of luxury resorts and homes throughout the world. If you decide to trade one of your weeks for Elite Alliance points, just let your AvYachts* concierges know and they can assist you in this process. Click here for the list of included properties. One week on the yacht will translate to multiple weeks in properties all over the world. We can sell your week for you.

What are the benefits versus ownership?

While there are some great benefits to full yacht ownership, it is extremely expensive and a huge portion of those expenses is wasted since the boat goes unused for a large part of the year. Shared Ownership allows you to pay for only what you use. On average, a 20% Instant YachtificationTM owner saves over 70% compared to full ownership of a similar boat, while spending just as much time enjoying the boat as they would if they owned the yacht entirely. What this means is that many people can afford to enjoy a far superior yacht and travel with more family and friends compared to what they could afford on a full ownership basis.

What are the benefits versus charter?

Since the Instant YachtificationTM fleet is owned by a select group of owners who have a vested interest in the boats, the quality of yacht and crew is second to none. It is not your typical charter yacht - this a yacht for personal use. You will get to know your crew and they will get to know you, your family and all your preferences. You will feel right at home when you board your boat because your linens, family pictures, and personal items will already be on board waiting for you when you arrive. You will not be at the mercy of the yacht owner because you are the owner. In charter situations, if the owner decides they want to use the boat during your charter period, they will pull the boat, leaving your broker scrambling to find a replacement for your planned vacation.

What are the minor pain points?

Instant YachtificationTM owners understand that they do need to be a little bit flexible so that all owners can be accommodated as best as possible. They will get their destinations and holiday weeks over the five (5) year term.

If you want to use your boat for most of the year and have full operational control over it, full ownership is a better choice for you than shared ownership. If you only charter once every year or two, charter or an AvYachts* trial might be a better option for you.

Instant YachtificationTM is a great fit for people who want to be on their yacht for 3-6 weeks out of the year and explore the many beautiful locations where their yachts can take them. It's for people who would value the perfect yacht, enjoy the familiar crew and appreciate the lack of any hassles.

Matchmaker


What Services to you offer?

Give us a call at or send us an email at and let's discuss your future yachting plans. We will Match you with other like-minded owners, find you the perfect vessel for your needs, help structure the ownership structure and manage your program or advise as needed.

Benefit to me in my search?

There are many: time is your most valuable asset we will streamline your search, we are experts in shared ownership and have invested the time and money in finding out how to make it work cost effectively to you, we have lawyers and accountant on our team that are experts at setting up a shared ownership structure. We have built a community of like-minded yacht shared owners and yachting enthusiast waiting to start their season of shared ownership.

What information do you need from me?

To match you effectively ideally, we would meet in person or a phone call to understand you and your family and what it is that will work best and that you will enjoy the most in the long term.

New to yachting and no idea where to start - can you help?

We are big believers in baby steps with yachting. It takes time to figure out how many weeks a year you have to devote to yachting, the right size of yacht, how many friends and family you enjoy traveling with and how many crew you are comfortable living with. On top of that trying different types of destination and ways to use the yacht. Out Trial program (link) is a great place to start.

Trial A Yacht


Can I book for less than a week?

The standard charter option for yachts of this category is one week minimum. On our 34M, you can book as little as 24 hours or as long as you want. On our 40M, the minimum trial is 3 days.

What is the cost?

The Trial prices are as follows: $52,500 a week or $10,000 a day for the 34M AvYachts. $120,000 a week or $24,000 a day (3-day minimum) for the 40M AvYachts. Not including APA and a discretionary tip for the crew.

Where are the yachts?

Check in with us for the latest update! Our yachts are always on the move. In March, both yachts are in the South Florida / Miami area, moving towards New England for the summer.

How do I move forward with a trial?

Send us an email at info@avyachts.com or call us at xx and we can book your trial! We will review number of guests, dates and destination choices. Once you sign off on a custom itinerary, we will send you a contract and ask for a deposit. Once we review your preferences, we will send you a menu for approval. (So the next time you come, we will know exactly what you like!)

What is APA and how is it calculated?

The Advance Provisioning Allowance (APA) is due at the time of the final charter payment. It is 30% of the total charter fee. Intended to cover the operating expenses of a charter such as, fuel, food, drinks, port fees, and ad hoc incidentals, these funds will be given to the captain before the start of your trial. He will ensure that your yacht is fully fueled and provisioned when you step on board. An up-to-date summary of accounts can be requested at any time during your charter. A full set of accounts will then be submitted by your captain at the end for the cruise. If, during the charter, the expenditure exceeds the sum already paid, additional cash funds will be required at once.

All outstanding bills should be settled in cash before final disembarkation. And any remaining credit at the end of your charter will be reimbursed to you in full.

Am I expected to tip?

It is customary to tip crew on charter yachts at the conclusion of the trip. (Owners do not tip). The process of how that is done and at what amount is often awkward for the guest.

The guidelines for tipping are as follows:

  • A 10%-20% range of gratuity.
  • Using the charter's base rate to calculate the tip.
  • The Captain conducts distribution of the gratuity.
  • No verbal or written solicitation of tips should occur and gratuity is at the discretion of the guest.

Am I permitted to use the yacht's watersports toys and scuba equipement?

In certain countries, a Certificate of Competency is required to participate in watersports activities (jet skis, wave runners and other mechanically propelled watercraft). Please consider which members of your party will want to use the yacht's motorized water toys. If they do not have the required licenses/certificates, we can arrange for an instructor to come on board the yacht during the charter to issue a certificate. Please note that all tuition fees are for the charterer's account and availability of local instructors cannot be guaranteed. Certain areas prohibit the use of motorized water toys altogether.

Use of personal watercraft is only permitted subject to the operator having the appropriate license and meeting with local operating regulations. Any liability arising from non-compliance is entirely at the operator's risk.

If the yacht has SCUBA equipment on board, it may only be used by certified divers holding a certified PADI license or equivalent.

What are the payment terms for a trial?

A deposit of 50% of the total charter fee is payable by bank transfer once the Agreement has been signed. This confirms your booking. The remaining 50%, plus an Advance Provisioning Allowance, together with any taxes, delivery/redelivery fees and any additionally agreed charges, are payable by bank transfer five weeks before the trial commences.

Can I specify the food and wine to be served aboard the yacht?

Every detail counts. Several weeks before you board your yacht, we will ask you to complete a detailed questionnaire describing the preferences and special needs of all the members of your party, such as dietary or medial requirements, details of any allergies, and your sporting or entertainment requests. This will enable us and the crew to ensure that everything possible is done to make your trial a fabulous experience.