Please note that some links on this website are affiliate links. We may receive a commission, at no extra cost to you, if you click through our links and make a purchase from one of our partners. See our Affiliate Disclosure for more details.
THIS LISTING
IS FOR A 1/6 BOAT SHARE/syndicate providing 8 weeks per year.
This is a
full 1/6 boat ownership In a Fairline 45 Fly Bridge with extended bathing
platform (1994) 6/8 Berth with en-suite Cabins.
The boat has
been privately owned for many years and only came into syndication in 2017.
A 1/6 share
has become available in this successful and well-run syndicate.
The
syndicate organiser searched for nearly 2 years to find the right boat in the
right condition with the right specification.
The
syndicate organiser has been involved in boats for over 35 years, both in the
UK and Mediterranean from 35 to 60 feet. After selling his last boat he decided
that he would only be involved in another one if it was with a group of like-minded
people (Syndicate).
How it
works:
In reality
if you own a boat you will probably only use it for 6-8 weeks of the year if
you are lucky. The rest of the year it sits in the marina like so many other
boats, completely under used, but still having 100% of the ongoing costs.
So, you can
own a 1/6 share of this boat, which has all the benefits of a good-sized boat
with high specification but at a realistic cost. Your 1/6 ownership would give
you 8 weeks per year, spread evenly over every year and you can also swap weeks
with the other owners.
I believe
what has been set out above is why the group ownership/syndication of a boat
works and importantly the boat is used on a regular basis and not left lying
idle.
Further
information and specification on the boat.
The Boat is
berthed on the main key at the popular and friendly Marina, Cabo Roig, Costa
Blanca between Alicante and Murcia airports next to a lovely beach with bars
and restaurants.
Being on the
main quay rather than a pontoon, allows you to drive your car to the boat which
is very convenient. The marina also provides 24 hour security.
The location
of the marina also provides some great cruising up and down the coast with lots
of other marinas and anchorage points. It is also very close to the Mar Menor
which is the largest saltwater lagoon in Europe (22 Km long). It has a number
of busy marinas with bars and restaurants. The whole lagoon offers lots of
sheltered anchorage with lovely beaches.
The boat is
British Registered, and all the owners are named on that document.
Accommodation
and Specification.
Accommodation
– 8 Berths in 4 Cabins
Forward
master cabin, with double island bed, twin wardrobes, dressing table, full
length mirror and several cupboards and lockers. Private and spacious Ensuite
to master cabin only with wash basin and electric toilet with cupboards and
lockers and separate shower cubicle.
Guest Twin
Cabin, starboard side with wardrobe, cupboards, lockers and full length mirror.
With private ensuite, washbasin, mirror, electric toilet and storage cupboards
with separate shower cubicle.
Saloon, the
portside leather sofa pulls out to make a double bed. The Saloon also has a
curved leather sofa with extending dining table, cocktail cabinet, wine cooler
and wine store, TV, sound system and WiFi connection
Crews
Quarters, this has two single berths with wash basin and toilet.
The Galley,
is located midships portside this is a fully fitted with all the appropriate
equipment as shown in the photographs. The 1 ½ sinks also have granite inlays
to provide for extra preparation and working space.
Boat
Specification includes, Air Conditioning, Central Heating, Hot/Cold Water
System, TV & Sound System.
Fully Fitted
galley with hot and cold water, 1 ½ sinks, hob, oven, fridge freezer, microwave/grill,
Fairline cups saucers and plates etc.
Saloon
includes twin leather seating areas, extendable table, cocktail cabinet, wine
cooler, fully carpeted with direct access to rear deck area offering further
seating with table and chairs and transom door to bathing platform.
Twin Volvo
TAM Diesels (only 1,150 hours), GPS Plotter, Radar, Auto Pilot, Tri Data, 2x
Compass, VHF ETC.
Single Lever
Controls to flybridge and saloon, Bow Thruster, Hydraulic/Gangway, Electric
Windlass, Trim Tabs, Diesel Generator and Shore Power, Automatic Bilge Pumps
and automatic fire extinguisher in engine room.
Full set of
Fly Bridge, Aft Deck and Fore Deck Cushions, Bimini Cover, Tender and Outboard.
A Very
Comprehensive Specification, Too Extensive to List.
To operate
the boat and take it from the marina (other than using it as a floating hotel)
you will need RYA day skipper/ICC qualification and I can help organise that
course for you.
All original
instructions and manuals are with the boat together with original sets of spare
keys.
Maintenance
and running costs.
An important
factor with any boat is not only the purchase costs but the maintenance and
running cost on an annual basis.
The total
cost per 1/6 share per year is £2,200 paid by standing order at £185 per month
to the administrator.
Your £185
per month payment includes the following annual costs – marina berth with
electric, water and VAT, Annual insurance, Mechanical service, End of season
lift, cleaning the underside, anti-fouling and replacements of Anodes, independent
administrator costs.
This is a
true reflection of the maintenance costs for the year and is considerably
cheaper than other boat share syndicates you may have seen advertised. There is
also no annual call for cash in the winter months for the lifting and
anti-fouling etc, as all of the costs are calculated in the monthly standing
order.
These costs
are not estimated they are actual costs for 2020 and 2021-2022. All the above
maintenance has been completed for the current season.
In addition
to the above, during the current year the flybridge and AFT deck cushions have been
renewed. New carpets have been fitted
throughout the boat, new tender/rib purchased, bow thruster reconditioned. New TV with Wi-Fi installed, new drinks
cooler in saloon and also automatic bilge pump system overhauled.
The
syndicate has a cleaning team that arrives on your day of departure to clean and prepare for the next owner. They complete a full clean and prepare all bedding and towels depending on the number of
guests, the costs for this varies between €60-€85 (euros).
In 2020 both
air conditioning units were removed, reconditioned and refitted, also both main
engine exhaust outlets were removed and replaced in stainless steel. New batteries were fitted during that season.
Share
Agreement
The
comprehensive share agreement has been drawn up by a solicitor with
considerable marine knowledge.
The
agreement provides the appropriate protection for the syndicate members and the
shares can be re-sold or gifted.
All
decisions relating to the boat will be dealt with by the syndicate on a
majority basis.
The Boat is
in EXCEPTIONAL CONDITION and has been WELL MAINTAINED which is shown in the
photographs.
I hope all
the above information provides a good overview of this 1/6 boat share and I
look forward to receiving enquires from like minded people looking to use and
enjoy the boat with all the facilities she has to offer.
1/6 Share –
£22,500
FOR MORE
INFORMATION PLEASE CALL David on 07973 730088 or email david@landmark.uk.com
Current Price: £22500.00
This Fairline 45 – 1/6 Boat Share In Spain – Full 1/6 Ownership With 8 Weeks Per Year may be available on ebay