Page 1 of 1

Charter your home

Posted: Wed Oct 02, 2019 2:14 am
by skbenga
My dream is to Live aboard a lagoon 40/42 but its pretty damn expensive so I have been looking for ways to fund it.

I wanted to ask,
1. do people charter their live aboard boat as like a hotel room on the water?

2. Is this feasible to do? Is there enough people wanting to pay for these charters for me to pay off a dream boat (assuming good location and service)?

Re: Charter your home

Posted: Wed Oct 02, 2019 9:38 am
by CaptForce
It would be difficult to find a liveaboard that charters their vessel as a bareboat charter. Some may do captained charters, but these are usually just day charters as the owner is still maintaining the vessel as their home. I've witnessed two types of situations close to what you described in South Florida and the Bahamas.

1- Some of the large chartering companies will sell a vessel that remains in their charter fleet while you are able to use the vessel for a specified time as you make payments to gain full ownership.
2- There are a number of liveaboards that own vessels with the major space aboard is altered to accommodate 8 to 12 youths in a dorm-like setting. They specialize in boy scouting adventure cruises.

Re: Charter your home

Posted: Wed Oct 02, 2019 9:54 am
by skbenga
I may have miss spoke due to lack of knowledge which i should apologize for.
My plan is to buy the boat mentioned above (with three cabin setup) and then run it as a hotel room with my wife. we would provide meals and arrange tours etc.

Is this a feasible business model and do other people do it with relative success?

Re: Charter your home

Posted: Thu Oct 03, 2019 7:44 am
by CaptForce
I've seen a few vessels listed on Air BnB. Are the "tours" that you refer to excursions on the boat? In the USA taking passengers aboard a vessel underway requires a certification. It's not difficult to obtain the "six-pack" license that is required for six passengers or less. I suppose that the success would be hard to predict,- 'probably dependent upon your location and promotion.

Re: Charter your home

Posted: Thu Oct 10, 2019 2:08 pm
by tex
I reserved a space (single room) on a yacht providing B&B service in Stuart, FL. This was a 60 ft. or so yacht with at least two other rooms (priced higher) available. I ended up cancelling due to an approaching hurricane, but it seemed like a neat idea to me.