NewswireTODAY - /newswire/ - Ft. Lauderdale, FL, United States, 2007/06/21 - For this month's newsletter, I want to bring to light some of the benefits to our management program and have included charter proformas for the Lagoon 420 and Lagoon 440 – some of our more popular models to date.

Our yacht ownership program offers the flexibility of makes, models, layouts, equipment options and owner useage. We also offer the greatest rate of percentage returns in the industry today. This is truly a yacht management concept with considerable income when you as the owner are not using your yacht.

Lagoon Charter Opportunities

We currently have a Lagoon 420 Hull #67 available for purchase and only for charter management. This vessel is a 4 cabin/4 head layout which is already taking bookings for the 2007/2008 charter season. The net profit of these current bookings will be transferred to the new owner. This vessel has an ex-factory date of October 2007 and is bound to our charter base in Tortola immediately after.

The benefit to acting on this charter opportunity now is that you would not have an Import Duty fee as the boat will not be entering the USA. Additionally, you will avoid having to pay sales tax, as it is heading for Tortola. This vessel will still be a US Coast Guard documented vessel however.

If you are in the market for a 440, we currently have one in inventory: Lagoon 440 #162 (available for showings in Annapolis, MD).

In a Nutshell: Charter Management
You will note that ours is a "Revenue sharing" program. You own the boat, and we agree to charter it for 23% of the returns, we also charge maintenance and service fees. Your Yacht earns considerable returns which easily cover your mortgage payments. You may use the yacht when and as much as you wish, even sailing her home in the summer.

Our initial agreement is to manage the yacht for three years after which you may extend the agreement on an annual basis. You may remove the yacht at any time (with 90 day notice or until bookings are cleared) and at the end of your charter period you may sell the yacht, move her to a secondary charter fleet or sell it outright (easily returning you a small return on the initial investment).

No charter program should be considered an investment for high returns but rather that your benefit comes in the time you spend aboard. Purchase requires a 25% down payment after which your only out of pocket expense are the mortgage which is easily covered (typically at 1.4 times payment) by your monthly check.

I will be happy to continue this discussion at your lead. For further background on our yacht placement program, you might want to review this link.

Agency / Source: The Catamaran Company

Availability: All Regions (Including Int'l)

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