Gives me another option to think about, and the boat is interesting for sure, not quite enamored with the step down facilities in the Master, but I can see where it enlarges the owners area over a single level install.
Apart from the obvious, what would bother me a lot is being bound to Mallorca and the surrounding area. You're not gonna be able to sail to say Croatia, let alone Greece.
Hello Frederik! We absolutely understand this - This particular yacht will be in the Med Loop - So this will do the balearic islands, South of France, some of Italy, corsica and Sardinia. She has all 3 countries cruising licenses. Later in the Meros timeline we will add yachts to the fleet that will be located in different locations. It's at this moment we will be able to swap weeks from yacht to yacht - extending the season and opening the world up a little more for our co-ownership members. I hope to see you with us one day!
@@morganjamestullock2697 That's exactly what I was thinking. But hey, then you get someone who asks how your holiday was and they change the pillows. It sounds like a joke to me.
Really can’t understand where the 240,000 a year times 8 is going, yes we have moorings, salaries, maintenance but on a new boat we have the warranty period, also let’s remember it takes a year to shake down a boat even today there are always annoying faults. Seems like the company doing this is on a very high margin I’d like to see the end of year accounting, one share payment or even two at the outside would more than cover the running costs per annum 1.4 million margin is a little greedy I think.
@@neilwharton720 The boat is shaken down for at least a month by sunseeker tested too the max before hand over 3 year guarantee , i think overall its a good plan for 8 people . but the outside costs don't make sense too me .maybe i am missing something
As has been mentioned here in the comments it’s time share all over again but with bigger issues, I can remember a 108 Mangusta called Four friends in Mallorca a few years ago, well no prizes for guessing what happened it was a shared boat at the end they were fighting like cats and dogs and certainly not friends anymore the yacht was sold at a substantial loss. The costs of 1.06 million plus 240,000 a year are ridiculous, I’ve run these size of yachts over the years and the running costs are no where near this, they say 10% of the value is a guide but even this is high depends how many crew where you berth it etc etc as the saying goes it will end in 😢😢😢😢😢
Agreed. I've been a boat owner for more than 30 yrs although I havent owned anything this big but I do know that 8 x 240000 (€?) per year to berth, run and maintain this boat even with crew is just way over the top. Even the lady in this video seemed embarrassed about the figure. I guess that figure includes a fat profit for the management company
Agree that price is absurd! It would cost 250k per year to run the vessel yourself!! A captain is 100k Australian dollars a maid 50k docking 40k insurance ruff guess 30k and anti fouling hull 5k service 10k ruff guess that's just under 250k Australian dollars with a captain and a maid! Run it yourself you save the 150k a year! This is absurd pricing! You can buy a used 95 for 5mill ! Then you have weather fighting! So your allocated time is bad weather that ruins your holiday! I believe people that do this are out after a few years! I just can't believe they have the ordasity to charge this amount and people pay it! Just buy a used princess 60fly 2016 with 500 hours on engines for 2 mill Australian that's a 6 guests vessel with platform for tender a crane for a jet ski on flybridge all the modern electronics and modern interior exsterior! Running costs per year 150k! Great family boat that holds it's value modern and all this boat has to offer! God bless all and happy sailing all 🙏❤⚓🛥
Hello Neil, Thank you for your feedback - we are mighty aware of past schemes being unfair, inflexible and damaging to owners but when explained in more detail the MEROS ownership differs considerable in fact entirely. The structure we actually created ourselves with the support of 2 of the largest legal houses over the last 6 years. Now exclusive to sunseeker yachts we pride ourselves on being incredibly professional and offering a unique alternative not currently found on the market. I will outline the structure and then of course will leave my email at the bottom here for any further questions or feedback! To note first, the entire ownership has a lifecycle of 3 years with the opportunity to leave in year 1, 2 or 3. No fixed term. The investment is rather like a deposit in the Meros concept. It is the contribution towards the financing of the yacht. This deposit is refundable if you choose to leave in year 1 or year 2 you can, with a fixed loss of 8% (this is in total, not annually) So what happens in the 3rd year? Well we will always advise owners if they wish to leave to do so in the 2nd year to receive their lump sum back with a fixed loss. Many have gone on to deposit a new yacht for themselves now they know its right for them. Options after this are the following : Continue and Transfer OR Continue and Upgrade Continue and Transfer: This offers the owner to enjoy the last year onboard and then when the yacht leaves the Meros commercial ownership (flex share) it will then transition in to the Quarters (a private co-ownership) They can take the value of their investment and use this to outright purchase their share and become a physical quarter owner - Which is about as close to sole ownership as you can get in terms of responsibility and legality - this means we offer the client the usage of the yacht for three years with the option to buy outright with their deposit and the end of this lifecycle. You will notice similarities to other markets doing similar things. It's a stepping stone for our clients to work out if it's right for them and we have 2 clients doing just this from our Sunseeker 86 that is making its transition this year. People fall in love with their yachts! Continue and Upgrade: This is for those that love the commercial structure, freedom and lack of responsibility or liability. These owners will continue their ownership to the full 3 years and then we will re-invest their money in to the new yacht entering the fleet to maintain the value of their investment. replacing the yacht/asset keeps the clients investment alive. They can then start the process all over again - again able to leave when they wish. Now - On to the ANNUAL costs which seems to be causing the most confusion. Understanding the investment structure now you can see that their is no depreciate felt to a clients initial investment - Instead we build depreciation annually in to the annual costs - Hence them being annual costs and not 'running costs' The annual costs secure the value of the clients investment. It's allows them to leave whenever they like, not subject to a rogue broker or a mad market. Instead they have full transparency from the moment they join Meros. Included in these annuals are all running costs too though, that includes 2 sets 4 crew for rotation (necessary for a boat running all year), commercial status, services, all maintenance, home berths, management and depreciation and so much more!! This amount is also FIXED. Anything can happen and the owner is not receiving the 'infamous cash call'. It's one payment and you are done. We also host events like the Formula 1 GP in Monaco where all owners are welcome on a the incoming Meros yacht to enjoy the race trackside at no cost. We host events throughout the year internally and with Sunseeker to really allow clients to embrace all that yachting has to offer on and off the water. Building partnerships with our current owners favourite golf clubs, utilising the company to benefit our clients. It is more than a division of an asset and of course will not be the preference of all. But with only 8 owners maximum it also doesn't need to be the dream of everyone. It just needs to be able to realise the dream - sustainably. Allowing people to enjoy this lifestyle change and make it one they can enjoy now and in the future with a clear and transparent structure to allow them real peace of mind Give me an email lottie.underwood@meros-group.com if you have any more questions im available whenever you are.
@@merosyachtsharing it still does not explain the ASTRONOMICAL cost per year! As I said in my reply here in Australia I can buy a princess 60 fly around 5 years old with all the modern technology bow stern thrust swim platform hydrolic for tender crane on fly for jet ski still new interior and exsterior 6 guests full beam master and only 500 hours on engines for 2mill Australian dollars that's around 1.2mill pounds! And around 140k per year running costs that includes docking insurance anti fouling services and fuel! I no your vessel is a new 95 sunseeker but with 8 owners and amout of time aboard those costs are absurd! That's why you can afford to purchase these vessels! There is far cheaper options and own the vessel at the same time! I said before your comment most people in your program would be gone after a year or 2 and I think I'm right! Just all of us here opinions!! God bless all and happy sailing all ❤🙏⚓🛥
Interesting tour but I'd either buy a yacht so I can do what I want all the time, or simply take a charter. But all academic as I can't afford to do any of those things!
Hey Terry! Absolutely - Charter is an incredible way to get on the water. A new 95 charters at between 85,000 EUR and 95,000 EUR a week. So if you only charter twice a year then we absolutely agree - any more than this we would say it's worth looking at alternative options! The benefit of co-ownership is that its a crew you know and more importantly a crew that knows you, a yacht that stores all your personals, has your favourite water toys and feel every bit like yours when you're on it - guaranteed.
Yacht makers really have to make the swim platform double as an electric tender. it's so inelegant to have a dinghy blocking the back and a garage is a terrible compromise as well.
nice yacht,....but I would rather buy a littlr yacht of 1M.... Timeshare is a scam.... you overpay all the time and have no say in anything....the whole meaning of owning a yacht is being independent....
We would like to show you why Meros has been created, unique in the market our structure differs greatly. It's actually an investment structure that looks to constantly maintain the value of a co-ownership members investment. Giving opportunity to re-invest, withdraw and transfer the value of their funds whenever they wish. No lock in, no hidden fees. You could place you entire 3 years with us and no exactly how much you pay every year, every time and most importantly how much you get in return when exiting. This is why we are different. We are partnered with one of the largest shipbuilders distributors in the mid range market. We focus on maintaining the known quality and integrity of such a brand whilst giving their owners a legitimate alternative so they can get a taste of the world of yachting before they make such a big jump to ownership. increasing knowledge while reducing risk. We just don't control you champagne or caviar consumption!! Thats all on you!!
Anyone with a busy schedule is indeed someone who can benefit from this style of ownership! Perhaps a limited choice of words from Lottie here! Unintentionally I'm sure.
So many UA-cam channels have fallen for this grift recently- it's just Time-Shares for Yachts. They can swear on their sainted mothers' lives until they are blue in the face that their scheme is different, they do things properly, transparently etc. but the time-share industry is so open to abuse that there are always new and alternative ways to part suckers from their money. However. the central principle is always the same - suckers pay an annual management fee set by the management company on top of their payment of "investment capital", and that annual management fee is payable no matter how obscenely it overcharges the suckers. To live a superyacht lifestyle, you need to have superyacht money, and anybody who tells you otherwise wants to put his hand in your pocket. The first sentence out of the Meros rep's mouth is a blatant lie - the participants in the scheme are NOT OWNERS. The boat is always the property of Meros, and the reason participants have no liability for any costs etc. is because they have no ownership interest in the yacht. They are chartering the yacht on a particularly onerous, inflexible and long-term charter. Joint ownership of a yacht is possible, but that is not what is being offered here. It's a Time-Share ! Stop promoting these charlatans.
Hello Random Guy again, You seem to always have a very restricted view on Meros in all your comments. It feels we must almost have to meet in person it becoming a regular occurrence. To add some humility I'm Lottie aka Charlotte but most certainly not a Charlatan. You seem to be angry about a structure that makes perfect sense to most. We have 2 different styles of ownership and they actually work together. 1st is the Flexshare as you mentioned and as we state this is a non-direct ownership. This is a style of ownership that allows you to contribute towards the financing of the yacht with a refundable deposit and a fixed annual amount to have usage onboard. As mentioned before the investment is treated like a deposit with a fixed loss of 8% in total over the first 24 months. After this we have 2 options 1. continue and transfer and 2. Continue and Upgrade, 1. the transfer I feel could be the option that interests you the most. So I will start here. The 3rd year and continue and transfer gives the owners the opportunity to move out of the Flexshare and in to the Quarters with the yacht of their choice. This gives them also the ability to take their initial investment and use this to purchase outright their share of the yacht. So its a step by step process and unique opportunity to trial almost. As someone who understands boating RandomGuy it seems you can also understand the risks involved when you purchase outright and/or alone. Yachts with the exception of the most bizarre last year depreciate at an alarming rate. You can stand to lose actual millions in the first years of owning yacht of this size and spec. Instead you enjoy this life with a reduced risk until you feel ready to make the step and in this case we then guide and support you in to this. This then means you transition the the MEROS QUARTERS which im unsure you even know about as you never seem to wish or to understand the wider picture and why this would be beneficial for so many people. The company was built by someone who has been both sole owner and co-owner since 1985. He understand the need, he understand the reality and desired to offer an alternative. It's not a replacement it's another opportunity. For you or not, it is an option that many would feel more comfortable, with families and fixed income to have a more predictable, less risk, no responsibility style of ownership so that one day they can go in to the world of yachting with their eyes wide open. I fear you are asking people to either do it or not. This may work for some but not for all. So respect that this is not a structure that all will want but nor is sole ownership and the ultimate cost of that unsustainable luxury for the majority. The second option is continue and upgrade this allows owners that enjoy the structure to have their money reinvested in to a new yacht/asset to once again maintain its value and the cycle will the continue with exit possible whenever. Your issue with Charter feels a little bizarre - For someone to charter anything in the market a boat has to be owned and an owner has to want to offset some of their costs. You cannot make money with charter as the owner - I challenge you to find an owner that can. Its a method of offset only. The ability to Charter a Meros yacht is one of the very reason the idea is so great, incoming members can trial this yacht, feel it experience it and the crew. Understand if it is for them they can also trial the management. Once they like this we deduct the charter fee paid from their annual costs due that year. It also allows owners to trade, buy and sell their weeks if for example they are ill or have unforeseen personal circumstances that do not allow them to use the yacht. It also in parallel allows them to increase their usage if the wish - have a couple of summer weeks instead if we don't have the remaining owners and have a longer holiday. The idea that the yacht is structured this way for Meros to benefit from charter doesn't make sense. We only look to offset remaining costs that we incur from not having all owners. As all owners annual costs are directly reflected in their weeks. (as mentioned many time the annual costs are NOT just the running costs) so this is common mistake being made by yourself. Our aim is to have all owners, if thats the case then any week is reimbursed to the owner. Also you always mention these 'nightmare charterers' destroying the boat and the owners paying for it etc... This is not true. Firstly any charter client is KYC checked. In addition to this there is a strict industry standard MYBA contract and lastly and most importantly the owners costs are fixed. Fixed means fixed. There is no cost for the owner except the agreed amount not a penny more. So this statement is not relevant. If you owned your own boat and tried to charter it to help yourself afford it ... then absolutely there is a risk for addition costs of wear and tear and damage but this is not the case in Meros. Not everyone an afford this luxury and with no-one else having this structure as we created it for the yachting market its hard for me to understand such a dislike for a company attempting to make such an incredible world and industry that little more accessible. Getting people on the water is our priority, enjoying it, utilising every experience and using the power of a formed collective to benefit the individual - this is what makes us different, unique and most certainly above board, transparent and created for all the right reasons. Passion for the water and of course Sunseekers! We thank Sunseeker London Group our partners for also recognising the incredible structure Meros have and we look forward to continue offering this as their official co-ownership in Europe. We are open, questions, queries and concerns just email me. Im happy to discuss every and all elements that make up Meros. lottie.underwood@meros-group.com
@@merosyachtsharing In other words, they "swear on their sainted mothers' lives until they are blue in the face that their scheme is different, they do things properly, transparently etc." It's a TIME-SHARE, and every time you offer up explanations for how this scheme is different, you prove how slippery and un-regulated the industry is, and how you are able to concoct new and convoluted ways to deceive and bamboozle your potential customers. You slice and dice definitions and twist contract law to provide a framework that suits your own ends and is too complicated for the average Joe to understand, and then get upset about how nobody gives you credit for being honest and transparent. You are owners (but not in this scheme, just in the other scheme we also run, which is totally different from this one); But you are not owners because you have no liability to each other; But you are owners because the crew remember your name and change the sheets to those you provide; But you are not owners because you have no decision making powers over any other aspect of the boat or its operation; But you are owners because we call you owners and refer to you in our brochures as owners; But you are not owners because your annual costs are capped; But you are owners because you have paid for a share of the capital costs; But you are not owners because there is no risk as the year one and two exit percentages are fixed. And it doesn't even matter if you are owners or not because we can always kick you out of the scheme if we don't like you ! On and on, never-ending layers of BS on BS, so you always have an answer to questions, something to say to sell to the next sucker. It defies logic and reason, and exists solely to make money for the management company. It's a TIME-SHARE, and nobody wants to hear your sales pitch, let alone sign up for such an idiotically expensive yacht charter.
Each owner is protected from eachother - there is no liability as we have placed the yacht in to a commercial structure. We also have a call and put option that allows us to purchase the share from someone if they fail to contribute the annual costs or with a majority ruling the owners agree that it is negatively impacting the yacht.
Meros is unique in its structure and therefore cannot be compared in terms of investment. I would be more than happy to explain why or feel free to read through some of my other replies. A company that has been created by an owner for owners is intent of getting more people on the water doing what they love not just for a year but to make this a sustainable and predictable change for their families and friends. you can map your entire ownership with Meros and calculate the complete costs from start to finish. There's nothing more open, more transparent.
Hey Kevin, We designed the yacht to be a canvas - as a co-ownership yacht we have furnish this to be able to cater for varying tastes. For example if you were to be an owner you have the opportunity to change the art, pillows, blankets and soft furnishings. so that once you are onboard it feels like yours. With a wild canvas this would not be possible. This is a purposeful decision to try to allow our co-owners the most freedom to express themselves if they choose too. Although I do feel that simple is sometimes beautiful and classy!
@@merosyachtsharing good point but i think you need to be more creative in your style interiors pearl seem to of sorted that out that's all i was saying in this case you need to cater for everyone though .
@@kevinmole9982 We have a pearl 95 next to us here in Port Portals, Mallorca and you are right!! - They have done a fantastic job with modernising the interior. You have wonderful taste!
And the grift gets even worse - you are going to sink your channel promoting this. None of your reviews hold any water as you are essentially just a glorified salesman for the boat companies
Hello Morgen, I would be more than happy to explain to you how this differs from anything on the market - of course then you are always welcome to your thoughts on alternative ownership.
Very interesting option and the lady, definitely, know her job very well.
I would spend my whole life on this yacht, thanks
Same,wouldn’t be a hardship as it’s 3x the size of my house,no grass to cut and the garden is eternal with no maintenance
I couldn’t even afford a time share on that Williams. 😄
I could afford a rope to tie it up. 😜👍
Great review 💪
That Master Forward design is amazeballz!
Gives me another option to think about, and the boat is interesting for sure, not quite enamored with the step down facilities in the Master, but I can see where it enlarges the owners area over a single level install.
Apart from the obvious, what would bother me a lot is being bound to Mallorca and the surrounding area. You're not gonna be able to sail to say Croatia, let alone Greece.
Hello Frederik! We absolutely understand this - This particular yacht will be in the Med Loop - So this will do the balearic islands, South of France, some of Italy, corsica and Sardinia. She has all 3 countries cruising licenses. Later in the Meros timeline we will add yachts to the fleet that will be located in different locations. It's at this moment we will be able to swap weeks from yacht to yacht - extending the season and opening the world up a little more for our co-ownership members.
I hope to see you with us one day!
Lovely yacht and great tour, I could afford a couple hours a year. 🎉🎉🤪
👍❤️🇬🇧
Thank you very much! We are very proud.
@@merosyachtsharingYou're welcome. 👍❤️
My question is what happens after the 3 years is the boat sold then the money shared between the 8 owners or other ? thanks
also if there's a fixed annual cost of 240K, then what's the shared annual revenue (from charters)?
@@clintjg8 Yeah way way to much times that by 8 that's almost 2 mill a year . and that doesn't include fuel food and tips no doubt
@@morganjamestullock2697 That's exactly what I was thinking. But hey, then you get someone who asks how your holiday was and they change the pillows. It sounds like a joke to me.
Really can’t understand where the 240,000 a year times 8 is going, yes we have moorings, salaries, maintenance but on a new boat we have the warranty period, also let’s remember it takes a year to shake down a boat even today there are always annoying faults.
Seems like the company doing this is on a very high margin I’d like to see the end of year accounting, one share payment or even two at the outside would more than cover the running costs per annum 1.4 million margin is a little greedy I think.
@@neilwharton720 The boat is shaken down for at least a month by sunseeker tested too the max before hand over 3 year guarantee , i think overall its a good plan for 8 people . but the outside costs don't make sense too me .maybe i am missing something
As has been mentioned here in the comments it’s time share all over again but with bigger issues, I can remember a 108 Mangusta called Four friends in Mallorca a few years ago, well no prizes for guessing what happened it was a shared boat at the end they were fighting like cats and dogs and certainly not friends anymore the yacht was sold at a substantial loss. The costs of 1.06 million plus 240,000 a year are ridiculous, I’ve run these size of yachts over the years and the running costs are no where near this, they say 10% of the value is a guide but even this is high depends how many crew where you berth it etc etc as the saying goes it will end in 😢😢😢😢😢
Agreed. I've been a boat owner for more than 30 yrs although I havent owned anything this big but I do know that 8 x 240000 (€?) per year to berth, run and maintain this boat even with crew is just way over the top. Even the lady in this video seemed embarrassed about the figure. I guess that figure includes a fat profit for the management company
Agree that price is absurd! It would cost 250k per year to run the vessel yourself!! A captain is 100k Australian dollars a maid 50k docking 40k insurance ruff guess 30k and anti fouling hull 5k service 10k ruff guess that's just under 250k Australian dollars with a captain and a maid! Run it yourself you save the 150k a year! This is absurd pricing! You can buy a used 95 for 5mill ! Then you have weather fighting! So your allocated time is bad weather that ruins your holiday! I believe people that do this are out after a few years! I just can't believe they have the ordasity to charge this amount and people pay it! Just buy a used princess 60fly 2016 with 500 hours on engines for 2 mill Australian that's a 6 guests vessel with platform for tender a crane for a jet ski on flybridge all the modern electronics and modern interior exsterior! Running costs per year 150k! Great family boat that holds it's value modern and all this boat has to offer! God bless all and happy sailing all 🙏❤⚓🛥
Hello Neil, Thank you for your feedback - we are mighty aware of past schemes being unfair, inflexible and damaging to owners but when explained in more detail the MEROS ownership differs considerable in fact entirely. The structure we actually created ourselves with the support of 2 of the largest legal houses over the last 6 years. Now exclusive to sunseeker yachts we pride ourselves on being incredibly professional and offering a unique alternative not currently found on the market.
I will outline the structure and then of course will leave my email at the bottom here for any further questions or feedback!
To note first, the entire ownership has a lifecycle of 3 years with the opportunity to leave in year 1, 2 or 3. No fixed term.
The investment is rather like a deposit in the Meros concept. It is the contribution towards the financing of the yacht. This deposit is refundable if you choose to leave in year 1 or year 2 you can, with a fixed loss of 8% (this is in total, not annually)
So what happens in the 3rd year?
Well we will always advise owners if they wish to leave to do so in the 2nd year to receive their lump sum back with a fixed loss. Many have gone on to deposit a new yacht for themselves now they know its right for them.
Options after this are the following :
Continue and Transfer OR Continue and Upgrade
Continue and Transfer: This offers the owner to enjoy the last year onboard and then when the yacht leaves the Meros commercial ownership (flex share) it will then transition in to the Quarters (a private co-ownership) They can take the value of their investment and use this to outright purchase their share and become a physical quarter owner - Which is about as close to sole ownership as you can get in terms of responsibility and legality - this means we offer the client the usage of the yacht for three years with the option to buy outright with their deposit and the end of this lifecycle. You will notice similarities to other markets doing similar things. It's a stepping stone for our clients to work out if it's right for them and we have 2 clients doing just this from our Sunseeker 86 that is making its transition this year. People fall in love with their yachts!
Continue and Upgrade: This is for those that love the commercial structure, freedom and lack of responsibility or liability. These owners will continue their ownership to the full 3 years and then we will re-invest their money in to the new yacht entering the fleet to maintain the value of their investment. replacing the yacht/asset keeps the clients investment alive. They can then start the process all over again - again able to leave when they wish.
Now - On to the ANNUAL costs which seems to be causing the most confusion.
Understanding the investment structure now you can see that their is no depreciate felt to a clients initial investment - Instead we build depreciation annually in to the annual costs - Hence them being annual costs and not 'running costs' The annual costs secure the value of the clients investment. It's allows them to leave whenever they like, not subject to a rogue broker or a mad market. Instead they have full transparency from the moment they join Meros. Included in these annuals are all running costs too though, that includes 2 sets 4 crew for rotation (necessary for a boat running all year), commercial status, services, all maintenance, home berths, management and depreciation and so much more!! This amount is also FIXED. Anything can happen and the owner is not receiving the 'infamous cash call'. It's one payment and you are done.
We also host events like the Formula 1 GP in Monaco where all owners are welcome on a the incoming Meros yacht to enjoy the race trackside at no cost. We host events throughout the year internally and with Sunseeker to really allow clients to embrace all that yachting has to offer on and off the water. Building partnerships with our current owners favourite golf clubs, utilising the company to benefit our clients. It is more than a division of an asset and of course will not be the preference of all. But with only 8 owners maximum it also doesn't need to be the dream of everyone. It just needs to be able to realise the dream - sustainably. Allowing people to enjoy this lifestyle change and make it one they can enjoy now and in the future with a clear and transparent structure to allow them real peace of mind
Give me an email lottie.underwood@meros-group.com if you have any more questions im available whenever you are.
@@merosyachtsharing it still does not explain the ASTRONOMICAL cost per year! As I said in my reply here in Australia I can buy a princess 60 fly around 5 years old with all the modern technology bow stern thrust swim platform hydrolic for tender crane on fly for jet ski still new interior and exsterior 6 guests full beam master and only 500 hours on engines for 2mill Australian dollars that's around 1.2mill pounds! And around 140k per year running costs that includes docking insurance anti fouling services and fuel! I no your vessel is a new 95 sunseeker but with 8 owners and amout of time aboard those costs are absurd! That's why you can afford to purchase these vessels! There is far cheaper options and own the vessel at the same time! I said before your comment most people in your program would be gone after a year or 2 and I think I'm right! Just all of us here opinions!! God bless all and happy sailing all ❤🙏⚓🛥
Interesting tour but I'd either buy a yacht so I can do what I want all the time, or simply take a charter. But all academic as I can't afford to do any of those things!
right... same here...
Hey Terry! Absolutely - Charter is an incredible way to get on the water. A new 95 charters at between 85,000 EUR and 95,000 EUR a week. So if you only charter twice a year then we absolutely agree - any more than this we would say it's worth looking at alternative options! The benefit of co-ownership is that its a crew you know and more importantly a crew that knows you, a yacht that stores all your personals, has your favourite water toys and feel every bit like yours when you're on it - guaranteed.
Yacht makers really have to make the swim platform double as an electric tender. it's so inelegant to have a dinghy blocking the back and a garage is a terrible compromise as well.
double swim platform ? so you loose interior space... 1 cabin less ? the dinghy is being pulled or in the water most of the time
@@andyvankerkhove6902 no, double means it serves two roles. Imagine a swim platform that can detach and has propulsion.
So you have to take stairs to go to the bathroom.
nice yacht,....but I would rather buy a littlr yacht of 1M.... Timeshare is a scam....
you overpay all the time and have no say in anything....the whole meaning of owning a yacht is being independent....
We would like to show you why Meros has been created, unique in the market our structure differs greatly. It's actually an investment structure that looks to constantly maintain the value of a co-ownership members investment. Giving opportunity to re-invest, withdraw and transfer the value of their funds whenever they wish. No lock in, no hidden fees. You could place you entire 3 years with us and no exactly how much you pay every year, every time and most importantly how much you get in return when exiting. This is why we are different. We are partnered with one of the largest shipbuilders distributors in the mid range market. We focus on maintaining the known quality and integrity of such a brand whilst giving their owners a legitimate alternative so they can get a taste of the world of yachting before they make such a big jump to ownership. increasing knowledge while reducing risk.
We just don't control you champagne or caviar consumption!! Thats all on you!!
“Busy men”.
Anyone with a busy schedule is indeed someone who can benefit from this style of ownership! Perhaps a limited choice of words from Lottie here! Unintentionally I'm sure.
So many UA-cam channels have fallen for this grift recently- it's just Time-Shares for Yachts.
They can swear on their sainted mothers' lives until they are blue in the face that their scheme is different, they do things properly, transparently etc. but the time-share industry is so open to abuse that there are always new and alternative ways to part suckers from their money. However. the central principle is always the same - suckers pay an annual management fee set by the management company on top of their payment of "investment capital", and that annual management fee is payable no matter how obscenely it overcharges the suckers.
To live a superyacht lifestyle, you need to have superyacht money, and anybody who tells you otherwise wants to put his hand in your pocket.
The first sentence out of the Meros rep's mouth is a blatant lie - the participants in the scheme are NOT OWNERS. The boat is always the property of Meros, and the reason participants have no liability for any costs etc. is because they have no ownership interest in the yacht. They are chartering the yacht on a particularly onerous, inflexible and long-term charter. Joint ownership of a yacht is possible, but that is not what is being offered here. It's a Time-Share !
Stop promoting these charlatans.
Hello Random Guy again,
You seem to always have a very restricted view on Meros in all your comments. It feels we must almost have to meet in person it becoming a regular occurrence. To add some humility I'm Lottie aka Charlotte but most certainly not a Charlatan.
You seem to be angry about a structure that makes perfect sense to most. We have 2 different styles of ownership and they actually work together.
1st is the Flexshare as you mentioned and as we state this is a non-direct ownership. This is a style of ownership that allows you to contribute towards the financing of the yacht with a refundable deposit and a fixed annual amount to have usage onboard. As mentioned before the investment is treated like a deposit with a fixed loss of 8% in total over the first 24 months. After this we have 2 options 1. continue and transfer and 2. Continue and Upgrade, 1. the transfer I feel could be the option that interests you the most. So I will start here.
The 3rd year and continue and transfer gives the owners the opportunity to move out of the Flexshare and in to the Quarters with the yacht of their choice. This gives them also the ability to take their initial investment and use this to purchase outright their share of the yacht. So its a step by step process and unique opportunity to trial almost. As someone who understands boating RandomGuy it seems you can also understand the risks involved when you purchase outright and/or alone. Yachts with the exception of the most bizarre last year depreciate at an alarming rate. You can stand to lose actual millions in the first years of owning yacht of this size and spec. Instead you enjoy this life with a reduced risk until you feel ready to make the step and in this case we then guide and support you in to this.
This then means you transition the the MEROS QUARTERS which im unsure you even know about as you never seem to wish or to understand the wider picture and why this would be beneficial for so many people.
The company was built by someone who has been both sole owner and co-owner since 1985. He understand the need, he understand the reality and desired to offer an alternative. It's not a replacement it's another opportunity. For you or not, it is an option that many would feel more comfortable, with families and fixed income to have a more predictable, less risk, no responsibility style of ownership so that one day they can go in to the world of yachting with their eyes wide open. I fear you are asking people to either do it or not. This may work for some but not for all. So respect that this is not a structure that all will want but nor is sole ownership and the ultimate cost of that unsustainable luxury for the majority.
The second option is continue and upgrade this allows owners that enjoy the structure to have their money reinvested in to a new yacht/asset to once again maintain its value and the cycle will the continue with exit possible whenever.
Your issue with Charter feels a little bizarre - For someone to charter anything in the market a boat has to be owned and an owner has to want to offset some of their costs. You cannot make money with charter as the owner - I challenge you to find an owner that can. Its a method of offset only.
The ability to Charter a Meros yacht is one of the very reason the idea is so great, incoming members can trial this yacht, feel it experience it and the crew. Understand if it is for them they can also trial the management. Once they like this we deduct the charter fee paid from their annual costs due that year. It also allows owners to trade, buy and sell their weeks if for example they are ill or have unforeseen personal circumstances that do not allow them to use the yacht. It also in parallel allows them to increase their usage if the wish - have a couple of summer weeks instead if we don't have the remaining owners and have a longer holiday. The idea that the yacht is structured this way for Meros to benefit from charter doesn't make sense. We only look to offset remaining costs that we incur from not having all owners. As all owners annual costs are directly reflected in their weeks. (as mentioned many time the annual costs are NOT just the running costs) so this is common mistake being made by yourself.
Our aim is to have all owners, if thats the case then any week is reimbursed to the owner. Also you always mention these 'nightmare charterers' destroying the boat and the owners paying for it etc... This is not true. Firstly any charter client is KYC checked. In addition to this there is a strict industry standard MYBA contract and lastly and most importantly the owners costs are fixed. Fixed means fixed. There is no cost for the owner except the agreed amount not a penny more. So this statement is not relevant. If you owned your own boat and tried to charter it to help yourself afford it ... then absolutely there is a risk for addition costs of wear and tear and damage but this is not the case in Meros.
Not everyone an afford this luxury and with no-one else having this structure as we created it for the yachting market its hard for me to understand such a dislike for a company attempting to make such an incredible world and industry that little more accessible. Getting people on the water is our priority, enjoying it, utilising every experience and using the power of a formed collective to benefit the individual - this is what makes us different, unique and most certainly above board, transparent and created for all the right reasons. Passion for the water and of course Sunseekers! We thank Sunseeker London Group our partners for also recognising the incredible structure Meros have and we look forward to continue offering this as their official co-ownership in Europe.
We are open, questions, queries and concerns just email me. Im happy to discuss every and all elements that make up Meros.
lottie.underwood@meros-group.com
@@merosyachtsharing In other words, they "swear on their sainted mothers' lives until they are blue in the face that their scheme is different, they do things properly, transparently etc."
It's a TIME-SHARE, and every time you offer up explanations for how this scheme is different, you prove how slippery and un-regulated the industry is, and how you are able to concoct new and convoluted ways to deceive and bamboozle your potential customers. You slice and dice definitions and twist contract law to provide a framework that suits your own ends and is too complicated for the average Joe to understand, and then get upset about how nobody gives you credit for being honest and transparent.
You are owners (but not in this scheme, just in the other scheme we also run, which is totally different from this one);
But you are not owners because you have no liability to each other;
But you are owners because the crew remember your name and change the sheets to those you provide;
But you are not owners because you have no decision making powers over any other aspect of the boat or its operation;
But you are owners because we call you owners and refer to you in our brochures as owners;
But you are not owners because your annual costs are capped;
But you are owners because you have paid for a share of the capital costs;
But you are not owners because there is no risk as the year one and two exit percentages are fixed.
And it doesn't even matter if you are owners or not because we can always kick you out of the scheme if we don't like you !
On and on, never-ending layers of BS on BS, so you always have an answer to questions, something to say to sell to the next sucker. It defies logic and reason, and exists solely to make money for the management company.
It's a TIME-SHARE, and nobody wants to hear your sales pitch, let alone sign up for such an idiotically expensive yacht charter.
Actually, it puts luxury yachting within range of even a mediocre lottery win 😂
You don’t address the major issue…what’s the liability of the owners? Ultimately people sue those who can pay. This is irresponsible
Each owner is protected from eachother - there is no liability as we have placed the yacht in to a commercial structure. We also have a call and put option that allows us to purchase the share from someone if they fail to contribute the annual costs or with a majority ruling the owners agree that it is negatively impacting the yacht.
next you will be peddling time-share condominiums like its 1982 again. stop this irresponsibility.
Meros is unique in its structure and therefore cannot be compared in terms of investment. I would be more than happy to explain why or feel free to read through some of my other replies. A company that has been created by an owner for owners is intent of getting more people on the water doing what they love not just for a year but to make this a sustainable and predictable change for their families and friends. you can map your entire ownership with Meros and calculate the complete costs from start to finish. There's nothing more open, more transparent.
Time share yachts...er... nope
bland and boring i think sorry the pearl 95 beats it hands down
true
Hey Kevin, We designed the yacht to be a canvas - as a co-ownership yacht we have furnish this to be able to cater for varying tastes. For example if you were to be an owner you have the opportunity to change the art, pillows, blankets and soft furnishings. so that once you are onboard it feels like yours. With a wild canvas this would not be possible. This is a purposeful decision to try to allow our co-owners the most freedom to express themselves if they choose too.
Although I do feel that simple is sometimes beautiful and classy!
@@merosyachtsharing good point but i think you need to be more creative in your style interiors pearl seem to of sorted that out that's all i was saying in this case you need to cater for everyone though .
@@kevinmole9982 We have a pearl 95 next to us here in Port Portals, Mallorca and you are right!! - They have done a fantastic job with modernising the interior. You have wonderful taste!
And the grift gets even worse - you are going to sink your channel promoting this. None of your reviews hold any water as you are essentially just a glorified salesman for the boat companies
timeshare is a scam..... for decades already
Hello Morgen, I would be more than happy to explain to you how this differs from anything on the market - of course then you are always welcome to your thoughts on alternative ownership.