The cost

A 1/6th share in the Bali with a 6-month cruise mode usage plus chosen deliveries across the 3 years will cost AUD$296,000. This includes the cost of delivering the boat from La Rochelle in France to Brisbane if it were done as a single journey.

There is a management fee plus operating costs billed at the net to cover insurance, marina berthing during turnarounds, turnaround costs (cleaning, laundry, routine maintenance), registration, entry, and exit formalities. Insurance claims if there is one.YSM will coordinate all contract services.

The fee does not cover losses, breakage, replacement due to wear and tear, accidental damage, addition to the yacht’s inventory or replacement.

The Bali 4.4 will be produced at the Catana factory in France in time for the 2025 Mediterranean season and delivered to Montenegro as the base for year one.

A Pty. Ltd. company will own the Australian-flagged vessel to guarantee the security of tenure, and shares may be sold at any time during the 3-year contract period.

Each syndicate member will sign a comprehensive syndicate agreement, which we currently use for Bali sisterships operating in Australia. The agreement includes the rule book for the vessel’s use and is available to prospective shareholders.

YSM will manage the bookings during each season and open six months before each 24-week block. Maximum usage will be one month per share in each six-month booking period, but there will be no limit outside the season.

A refundable deposit of 20% of the share price will be held in trust by YSM until we have four shares sold in addition to the one already sold.

The yacht cannot be used for charter at any time under the terms of the syndicate agreement, and when an owner has made a booking, he or she must be the skipper on