YachtPlus To Offer Unique Fractional Yachts

by Deidre Woollard (RSS feed)
Mar 8th 2007 at 9:03AM

YachtPlus, a London-based fractional luxury yacht service is setting themselves apart from the rest of the fractional yacht market by offering one of the most unique looking luxury yachts I have ever seen. The YachtPlus Signature Series boats are 131 foot powerboats being created by Foster and Partners. YachtPlus will offer the first two yachts as the start of their fractional-owned fleet. They are planning to have eight owners per yacht. There is an agreement that includes an option for eight more of these yachts to be made.

The modern-looking yachts are to be made in aluminum alloy with a composite superstructure and are being built at RCN's luxury yacht division near La Spezia in Italy. The yachts have four decks and with four guest cabins and a full beam owner's cabin. There is a submersible beach deck and the large glassed-in saloon area offers 180-degree views.

Helium Report did an email interview with the CEO of YachtPlus and found that that a one-eighth share (12.5% of the whole) is priced at 1.5 million euros, with each yacht selling for a total of 12 million euros. The first yacht should be ready in 2008.

[via Eikongraphia]

Tags: forster and partners, fractional yacht, powerboat, yacht, yachtplus

Filed under: Yachts & Sailing

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Karyn Mar 8th 2007 5:34PM

Luxury fractional ownership clubs are defintely hot right now. The Otto Club, based in Boston, takes a new twist on this concept by offering exotic carshare memberships to residents and companies in New England. The Helium Report recently interviewed Club president John Caron about this new venture. http://www.heliumreport.com/exotic-car-clubs/interview-with-john-caron-president-of-the-otto-club-000617.php