*This post may contain affiliate links. As an Amazon Associate we earn from qualifying purchases.
If you are looking for a vacation rental property, you might be wondering how do houseboat shares work. Many companies offer shares of their luxury vessels. These shares are often cheaper than other forms of real estate because the buy-in price is lower per share.
In this case, the cost of a new boat is split between 10 owners, which makes the price more affordable for many people. There are also several advantages to houseboat shares.
If you have ever wondered how houseboat shares work, read on to learn the basics. Normally, houseboat shares are purchased for a certain week each year, with more expensive prime weeks and less expensive non-prime weeks. Depending on the week, prices can go up or down.
The highest-priced week of the year is August. The off-peak weeks can be booked by both owners for use throughout the year.
If you’ve ever dreamed of spending your vacations on a luxury houseboat, you’ve probably wondered how they work. In short, a houseboat share is like owning a luxury resort. Each owner gets one boat and shares it with up to 15 other owners. Each sharer pays annual dues to the lakeboat owners, which cover insurance, slip fees, and maintenance. They cost a fraction of the cost of renting a houseboat for a week.
Houseboats are great for relaxing, especially if you’re looking for a more private spot. Guests can take a day trip on a tour boat that has good wakes for riding a wave runner. Guests can also opt for timeshares, which allows them to go further up the lake and camp at private beaches.
Owners of shared ownership houseboats will typically meet once a year. Typically, these meetings take place over a conference call and last about an hour. Each share owner has a vote and can attend or participate via email. If you have an idea for a vote, you can call into the meeting or send an email to the management company and ask them to add it to the agenda.
You’ll vote on it, but only if everyone on the boat agrees.
Houseboat shares aren’t for the faint of heart. The first time renters may want to speak with rental experts. Many of them have first-time renters and may benefit from personalized attention. Houseboats vary in size and floor plan, from 36-foot Weekender models to 75-foot luxury cruisers.
A weekly rental usually costs more than annual ownership dues but this isn’t always the case so be sure and do the research in your area before committing to buying a houseboat with other people.
Below we will go into some popular houseboat companies that you can use to purchase your shared houseboat.
If you’ve always dreamed of owning a luxury houseboat, now is your chance. Bravada Yachts has introduced a new houseboat design with sleek curves and an impressive list of amenities. The Bravada X-Boat Mega-Yacht boasts 4.5 levels, seven-hundred-five hundred square feet of living space, and a helicopter pad. The Bravada X-Boat will be shared with other like-minded individuals and will feature bi-annual retreats to bond.
Taking the houseboat industry by storm, Bravada has invested in cutting-edge technology and appointed fresh, young minds to design the next-generation luxury houseboat. These new luxury houseboats are stronger and lighter than ever before, and will save on fuel as well. This new design has been developed by an award-winning watercraft alchemist and is sure to impress even the most discerning buyers. The new Atlas V-Series is a prime example of how the company is leading the way in luxury houseboats.
The Bravada fleet is equipped with powerful Volvo diesel engines so you can go anywhere you want. The National Parks Service estimates that Lake Powell has nearly 2,000 miles of shoreline, including long slot canyons and red sandy beaches. With a luxury houseboat, you’ll have the freedom to explore all of the amazing sights the lake has to offer. So, book your next houseboat vacation with Bravada Yachts today!
Luxury lake yachts are the new rage, and this Arizona company has crafted a new luxury houseboat – the Invictus. At over two million dollars, the Invictus has five staterooms, two bathrooms, a decked kitchen, seven TVs, custom outdoor furniture, and a waterslide. Invictus’ advanced construction uses Class A1 fire-rated raw materials and has superior water/mold/mildew resistance, soundproofing, and energy efficiency.
If you’re planning a vacation to Lake Powell, one of the best ways to get there is by boat. Sunrise Peak is the largest luxury houseboat company on the lake, and has been building boats since 1989. In fact, they launched the 100th houseboat on Lake Powell in 2005! Sunrise Peak strives to offer the highest quality houseboat at a price that everyone can afford. To learn more about Sunrise Peak’s houseboat shares, read on to learn more about this unique boating company.
The Sunrise Peak houseboat is offered as a fractional ownership, limited liability corporation, or corporate retreat. Owners of Sunrise Peak houseboat shares pay a non-refundable deposit and have a predetermined schedule to pay the balance. Sunrise Peak will help you market your share if you decide to sell it. A rental boat can cost anywhere from eight to thirteen thousand dollars plus fuel, and you’ll have access to more amenities and features.
When choosing a shared ownership, it’s essential to find a boat that fits your needs and lifestyle. Sunrise Peak and Laketime both have many options for people who want to own their own houseboat, but if this is your first time houseboating, renting might be a better option. However, it’s important to understand that renting is often less expensive than shared ownership. Therefore, if you are unsure of whether you’ll enjoy houseboating before purchasing a share, it may be a better idea to rent a houseboat.
If you’re looking for a houseboat timeshare on the Lake Powell waterfront, Sunrise Peak has several options available. These luxury houseboats are specially designed for the lake, offering multiple fridges, jetski tanks, and luxurious interiors. Prices range from $9,500 to $99,995 depending on the location. The boats offer unparalleled luxury and are an excellent investment. So, get on the water and start planning your vacation!
Lake Powell is the perfect place to rent a luxury houseboat. Unlike other vacation rentals, houseboats can only be rented through an authorized concessionaire. If you plan to visit the area more than once in a year, consider buying houseboat shares. While they’re not quite timeshares, these “shared ownership” rentals can be traded or sold. This is a great way to save money on vacation rental costs and enjoy all that Lake Powell has to offer.
Sharing a houseboat with someone else eliminates many of the hassles of renting a houseboat. Many people worry about the logistics of sharing a houseboat. It’s difficult to coordinate schedules and ensure that the property is well-maintained, not to mention the added stress. However, many shared ownership programs solve these issues. While the hassle of shared ownership may seem overwhelming, there’s no need to let it overwhelm you.
If you’re interested in owning a luxury houseboat, consider purchasing a houseboat share with Lake Powell. You won’t own a houseboat, but you’ll be sharing ownership with 15-20 other people. A houseboat share usually requires you to commit to annual visits for three years. The annual fees cover slip fees, insurance, and maintenance, and are often cheaper than buying an equivalent houseboat for a week or two.
If you’re thinking of buying houseboat shares with Lake Powell, be sure to shop around for discounts online. Houseboat shares with Lake Powell Timeshares can often be purchased for a specific week every year. During prime weeks, prices go up, and they are more expensive than other weeks. Prices also fluctuate depending on which week is available, but August tends to be the most expensive month.
If you’re considering selling your share, you can find more information about selling your houseboat shares on their website.