Our Ultimate program was designed to give you the most flexibility while you enjoy all the great perks of being a Navigare owner! You’ll purchase your new boat through Navigare and place it in our charter fleet for 7 years where we assist with the charter operation and your yacht’s maintenance.
We’re sharing with you the most conservative forecast of costs and income, so there is no catch! Over the past two decades, we have established benchmarks that guide our return strategy, and these projections of income are based on historical returns.
The two main factors that will impact the revenue of your yacht are:
These are two of the most important decisions you will make before you finalize your yacht purchase.
In the Ultimate program, the other variable to keep in mind when attempting to maximize returns, is your amount of sailing time. The more personal time you sail on your yacht, the less income you’ll generate.
Absolutely, you decide for how long your yacht will be chartered (rented out), with a minimum of 1 season (1 year). You are free to leave the program ahead of the 7 years with sufficient notice to Navigare so that we can honor or reassign the charter bookings already made on your yacht (usually 12 months).
Your annual return is expressed as a percentage of the total purchase price of your yacht — fully equipped & ready to charter, delivered and commissioned to your chosen base of operation. For a yacht delivered to the BVI, this means equipment such as generator and air conditioning, and delivery by cargo to prevent wear and tear on your new yacht!
The more your yacht gets chartered (rented out), the more income you will receive. This is particularly true in the earlier years of the program as newer boats are more attractive and will generate higher charter rates.
In the Ultimate program this return is a projection of the average annual return over 7 years, but historically actual returns tend to be higher in the first years, and lower than the average in the last few years. For this reason, this program is particularly well-suited to owners who want to keep their boat in charter for less than 7 years.
When you invest in any of Navigare’s Investment Programs, you take part in Navigare’s exclusive Holiday Program.
Choose between spending your holiday sailing at one of our worldwide destinations, in a luxury villa in Italy, a bungalow in Thailand, or in a ski resort in the Swiss Alps or Aspen, Colorado.
According to Navigare’s unique Holiday Program, the yacht you purchase will determine the number of points you earn and can redeem any given year. The larger your yacht, the more points to use on a yacht of similar size, or smaller for even more sailing time.
However, in the Ultimate program, these sailing guidelines are only recommendations. Remember: you have the flexibility to sail more or less on any given year and the resulting decrease or increase in charter time will impact your income accordingly.
The basis of sailing time within the Holiday Program is up to 8 weeks of pre-booked sailing, plus 8 weeks on short notice, on your own yacht and/or another equivalent yacht in one of our 11 Navigare bases. The number of sailing weeks ultimately varies with the popularity of the season: the more popular the season (peak or high weeks), the more points are required.
The Holiday Program also gives you access to reciprocity sailing in over 50 destinations worldwide. Additionally, we offer a large variety of land holidays and can customize your destination — virtually anywhere in the world! — to suit your desires. Both reciprocal sailing destinations and land holidays are redeemed with high points only. Our dedicated Concierge team will assist you with the planning and booking of your holidays according to your available points.
One email to our sailing concierge and you are booked on your boat or virtually any other boat in our fleet...
When you place your new yacht in charter with Navigare, the professional maintenance and logistics of the charter program are managed directly by our base staff.
The Ultimate program provides the most flexibility in sailing but the returns are not guaranteed — the risk of this venture gives you the chance to earn more income.
If you’re risk-averse, perhaps our guaranteed income program will be a better fit for you. There are no expenses with our Complete Program. The percentage return we commit to, is exactly what you get.