Here's a novel approach to the concept of yacht ownership, based on a model
of fractional ownership methods currently applied to luxury resort homes and
private jets.
Robert Chatmas is a real estate developer of high-end resort properties in
the Aspen, Colorado area, as well as a licensed pilot and a U.S. Coast Guard
100-ton captain. He feels the time is right to apply the fractional ownership
principles that have been sucessfully employed with resort properties and
jets, to luxury yachts.
His passion for boating led him to found YachtWise, a yacht management
company located in South Florida with offices in Colorado.
Fractional ownership means that a buyer pays a percentage of the price of the
property as well as a percentage of an annual management and maintenance fee; ... (more)