see also: | New Linssen boats | Pre-Owned Linssen boats |
Charter Management
Linssen Charter Ownership Scheme
Charter Management gives you the opportunity to own a superb Linssen boat, to enjoy annual holidays on this boat and to be safe in the knowledge that not only are there no running costs for the vessel, but that you will also be receiving an income from your investment.
Linssen charter ownership schemes are proposed by individual Linssen agencies throughout Europe. The following details relate to France; others may differ slightly.
Charter Income
Income from hiring the boat will naturally vary according to boat model and time of year. However, based on Linssen France’s extensive experience of hiring boats over a number of decades from various bases in Central and Southern France, owners can expect an income of 11-12,000€ annually, being 32% of the nett income achieved. Hire prices will inevitably rise over the period of ownership and so will the owner’s income share.
Based upon current figures, the income can represent a return of around 5% on the price of the vessel. If the value of the holiday and the costs associated with boat ownership (insurance, vignette licence, maintenance and mooring fees) are taken into account, then this increases to approximately 10%. This is a significant return and the total value of the package over the 5 year term of the contract may exceed 100,000€, which is approximately one half of the original build cost.
Holiday Use
Owners have the unrestricted use of their boats for four weeks during the season, excepting July and August. Outside the hire season, boats can be used by owners but not every canal may be open during the late Autumn-Winter-early Spring period – and boats will also be subject to annual maintenance by Linssen France during this time.
Obviously, there is a ‘retail’ value or benefit to the owner for these four weeks use, in the region of 8-9,000€
Overheads Included
All costs associated with hiring the boat are included, for example insurance, waterways vignette licence, professional maintenance and mooring. Owners would be responsible for their own fuel and other expenses during their period of use, and also for preparing and returning the boat for normal hire operation.
Quite apart from a ‘peace of mind’ value, this no-overhead value would be in the region of 6,000€
Value
Whilst some boats might be considered to be depreciating in value during the Ownership Programme period, Linssen boats, because of their high quality and steel construction, will lose value minimally if at all. Value at completion of the period might fairly reliably be anticipated to equate to the bought cost, excluding tax.
Conclusion After Five Years
- Charter Income – 11,500€ x 5 = 57,500€
- Owner’s Use Value – 8,500€ x 5 = 42,500€
- No Overhead Value – 6,000€ x 5 = 30,000€
. - Total Value = 130,000€
Finance
Competitive financing is available through Linssen’s selected partners.
Find out more
Naturally, there are further details and some conditions.
