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Fractional Ownership

Yachting Solutions has added an exciting new program to our list of services, Fractional Ownership. Our flagship for this new venture is the classic 58’ Trumpy cruiser Somerset, which has been completely restored and updated to current standards. Fractional ownership works much the same way as fractional jet ownership does. Simply put, the member pays for the portion of time they actually use the boat instead of bearing the entire original capital expense and annual maintenance and crewing budget. With Fractional Ownership, the cost and operating expense of a yacht is divided by the number of participating owners. Additionally, the superb resources and service culture of Yachting Solutions ensures the members enjoy extraordinary experiences instead of ownership headaches.

Membership is shared by a limited group of 5 individuals, guaranteeing ample time on board for each member.

First come first serve membership reservations

Members can enjoy vessel usage in 3 home ports of Mid Coast Maine, Jupiter Island, Florida and Nassau, Bahamas! Somerset will have these home-base docks included in the annual membership assessment. Additionally, East Coast repositioning opportunities in destinations such as the Chesapeake, Charleston, Newport and many others are the perfect getaway to locations members may not have had the opportunity to enjoy otherwise.

The Somerset will be in based in Maine in summers and Florida and the Bahamas in the winter months. Yachting Solutions is currently taking inquiries on charters, and fractional ownership.

Members have equity in the vessel in relationship to their position

  • Guaranteed exit strategy. One member can exit annually with a guaranteed buyback program.
  • Considerable savings over individual vessel ownership. Literally a fraction of vessels 2/3rds Somerset’s size and accommodation.
  • Brand new vessel:Somerset is a completely new vessel, literally every portion of her structure, systems and finishes are brand new!
  • Managed maintenance ensuring the vessel is kept in Bristol condition, always ready to go.
  • Professional Crew managed by Yachting Solutions. Escape one of the biggest worries any yacht owner endures.

Contact Bill Morong at 207-236-8100 or e-mail bill@yachtingsolutions.com to learn more.