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Charter managment calculation

Value of all charter agreements made (calculation by weeks for each yacht model is stated in the table of incomes) is split: 70% to you and 30% to us. From your income, you cover all yacht's costs (stated in the table of costs), whereas we from our incomes cover marketing, booking, charter base and operation costs. If you have procured your yacht through our financing scheme, your installments (table of financing) will be decreased by the incomes made.

YACHT CHARTER CROATIA IS OBLIGED TO COVER NEXT EXPENSES:


  • boat presentation and marketing costs - advertising material for certain boat, presentation at nautical fairs around Europe with the aim to win as many clients as possible
  • agents commission for booking (15-20% of total price) without last minute offer (5-10%of total price - only with owner permition)
  • office work, direct contacts and other business function
  • boats servicing, intervention and repair by qualified hand only
  • expenses of working hours for necessary maintenance and small repairs during charter period
  • hull, engine and generator maintenance (regular changing of the oil filter and zincs)
  • boat underwater protection and cleaning of the underwater part
  • take care of boat cleaning
  • in case of boat failure during charter repair it on spot of failure or in case of larger difficulties will pull the boat back to the base.

THE BOAT OWNER IS OBLIGED TO COVER NEXT EXPENSES:


  • the insurance for the boat in the Croatian territorial waters which covers all risks including the insurance of the third parties.
  • boat registration and navigation licenses
  • procuration of all the documents necessary for charter business - concession, temporary import, cabotage
  • annual mooring costs and place on land if he decides to use one
  • getting the boat ashore ( travel lift ), the use of the cradle for dry mooring and hydraulic boat carriage as well as putting the boat back to sea
  • replacement off all worn out parts or bad quality materials of the boat equipment
  • restauration or replacement of equipment, damaged or ruined during the regular use
  • interventions or other repairments caused by worn out or by bad quality of originally installed equipment
  • material for protection of underwater part, except for applying the final layer of antifouling
  • hull and engine spare parts and the change of grease (oil ), filters and transmission belts
  • winter service and engine conservation and preparation of the boat, engine and all other vital equipment, polishing and general cleaning up
  • installing of the equipment at the owner's demand

All the works carried out on the boat by home Marina and at YACHT CHARTER CROATIA demand will be charged by the current pricelist of home Marina and the works carried out by YACHT CHARTER CROATIA service by it's current pricelist. The owner will be consulted before any extra work is done.Together with the settlement of accounts the boat owner will be presented with all documents on materials used.
With this kind of cooperation your boat will be chartered 15-24 weeks (sailing yacht) or 10-18 weeks (motor yacht) during the summer season, which is quite enough to cover leasing year rate and all your costs. With very simple calculation you can find out that after 5 years you have got a boat which worth at least double price which you had invested.

Personal use of the yacht
Of course you have right to use a boat, but by arrangement with us.
You may use your yachts any time when we do not charter her. To enable your personal minimum enjoying the yacht, you may also book the yacht for two weeks in the high season or four weeks in low season our out of the season.

End of the managment program
Following expiry of the five-year charter management period, we shall continue chartering her under the same conditions if this is your wish, perhaps with a few weeks less of charter and a few weeks more for your own enjoying her. However, you may decide to keep her your yourself only. If you wish none of the above, our department in charge of sales of second-hand yachts will make its best to sell your yacht as soon as possible and at the best price available.

PRICE LIST OF BAVARIA YACHTS WITH EQUIPMENT (READY FOR CHARTER) IN €

BAVARIA Aft cockpit
Cabins
Engine
Basic
Price
Equipment
Optionals
Transport
to Slovenia
Equipping,
testing &
launching
Total
Price
BAVARIA 49
3 or 5 VOLVO
78 HP
179.956 23.387 6.500 5.735 215.578
BAVARIA 44
3 or 4 VOLVO
55 HP
135.646 20.334 6.025 5.135 167.142
BAVARIA 41
2 or 3 VOLVO
55 HP
110.818 17.351 4.557 4.355 137.081
BAVARIA 38
2 or 3 VOLVO
29 HP
86.250 19.246 4.557 3.840 113.893
BAVARIA 36
2 or 3 VOLVO
29 HP
73.103 19.138 4.557 3.775 100.573
BAVARIA 32
2 VOLVO
19 HP
59.696 18.581 3.733 3.475 85.487
BAVARIA 44
2 VOLVO
59 HP
171.206
BAVARIA 40
2 VOLVO
59 HP
128.534

Calculation of repayment for a yacht under Croatian flag, in six-monthly instalments, with 38 % downpayment. Annual interest of 8%.

Yacht
type/
Purchase
Price in €
38%
Down-
payment
Financed
amount
2,20%
Costs of financing
Amount
due until the yacht
delivery
10 six
month instal.5 years
8 six
month
instal.4
years
6 six
month
instal.3
years
BAVARIA 49
215.578
81.919,64 133.658,36 2.940,48 84.860,12 16.478,74 19.852,28 25.496,67
BAVARIA 44
167.142
63.513,96 103.628,04 2.279,82 65.793,78 12.776,30 15.391,87 19.768,08
BAVARIA 41
137.081
52.090,78 84.990,22 1.869,78 53.960,56 10.478,44 12.623,60 16.212,73
BAVARIA 38
113.893
43.279,34 70.613,66 1.553,50 44.832,84 8.705,96 10.488,25 13.470,26
BAVARIA 36
100.893
38.217,74 62.355,26 1.371,82 39.589,56 7.687,78 9.261,63 11.894,89
BAVARIA 32
85.487
32.485,06 53.001,94 1.166,04 33.651,10 6.534,61 7.872,38 10.110,65

6 six-month instalments (3 years). Multiplication factor 0.19076
8 six-month instalments (4 years). Multiplication factor 0.14853
10 six-month instalments (5 years). Multiplication factor 0.12329
You may use the above table to calculate your six-month installments if you decide to down-pay over 38%. Simply, from the total boat price deduct the down-payment, and multiply the rest with the factor stated in the table. The result is your six-month installment.

The price-list is valid until BAVARIA YACHTBAU does not publish a new one. If a 10% order pre-payment is made and the yacht builders change the price, the above price list will remain valid.

Approximate Study of annual costs

Yacht type
B 49
B 44
B 41
B 38
B 36
B 32
Annual maintenance 1.968 1.968 1.596 1.596 1.596 1.596
Marina - mooring place 3.289 2.812 2.510 2.510 2.262 1.998
Insurance 2.790 2.157 1.767 1.473 1.286 1.090
Berth concession 400 400 350 350 350 300
Linen, engine oil, gas, filters 800 800 630 630 630 630
Antifouling (incl. crane) 760 760 510 510 410 410
Various (unexpected) 1.600 1.300 1.300 1.200 1.100 1.100
TOTAL 11.607 10.197 8.663 8.269 7.634 7.124

Study of expected charter annual net revenue according to different yacht types

Yacht
type
Revenue 18 weeks of charter
Revenue 20 weeks of charter
Revenue 22 weeks of charter
Revenue 24 weeks of charter
B49
41.033 45.592 50.151 54.710
B 44
30.875 36.369 40.006 43.643
B 41
24.670 27.444 30.189 32.933
B 38
21.956 24.395 26.835 29.274
B 36
19.814 22.015 24.217 26.418

NOTE: Costs are not fixed but are subject to changes depending on laws (concession, sailing permit fees). They may also rise or fall with yacht marinas price-lists, etc. Incomes may rise or fall, as well, depending on the market supply and demand, wherefore prices for every year may rise or clients may be granted discounts above those set in the price-list.

S- standard E- extra
B 32
B 36
B 38
B 41
B 44
B 49
Roll main sail E E E E E E
Roll genoa S S S S S S
El. Anchor windlass E E E S S S
Electric fridge E E E S S S
Steering wheel / Compass S S S S 2 X S 2 X S
Speed / Depth S S S S S S
Autopilot AUTOHELM ST 4000+ ST 4000+ ST 4000+ ST 4000+ ST 6001 ST 6001
Wind instrument ST 50 - - - - E E
Windex E E E E - -
Cockpit table E E E S S S
Teak in cockpit & cockpit floor S S S S S S
Leather on steering wheel S S S S S S
Extra water tank S S S S S S
Warm water E E E E S S
Shower in toilet E E E E x 2 E E x 2
Shower in cockpit S S S S S S
Shore power 220 V E S S S S S
Battery recharger 24 Ah E E E E E E
2 X 220 V plugs S S S S S S
Radio / CD + speakers E E E E E E
Bow side windows - - - - - -
VHF / antenna E E E E E E
Water hose E E E E E E
Spray hood E E E E E E
Bimini top E E E E E E
GPS E E E E E E
Tool box with repair kit E E E E E E
Galley equipment 6 pax 7 pax 7 pax 7 pax 9 pax 10 pax
Dinghy ( tender ) P 270 P 270 P 270 P 270 P 270 P 270
Winch handle E E E E E E
6 shoulders protection E E E E E E
Bonsuns chair E E E E E E
Life raft 6 pax 8 pax 8 pax 8 pax 10 pax 10 pax
SOC anchor 50m chain 11
kg/8mm
16
kg/8mm
16
kg/8mm
20
kg/8mm
27
kg/10mm
27
kg/10mm
BRITANY anchor & 10 m chain/50m ro. 8 kg 14 kg 14 kg 14 kg 16 kg 20 kg
Binocular E E E E E E
6 flags + 4 jarrycans E E E E E E
Katanci 3 3 3 3 3 5
Life - jackets - adults 6 7 7 7 9 11
Life - jackets - children 2 2 2 2 2 2
Life - belts 4 6 6 6 8 10
Horseshoe 2 2 2 2 2 2
Plutajuae svjetlo E E E E E E
First aid kit E E E E E E
Fire extinguisher 9 kg E E E E E E
Boat hook E E E E E E
Signal mirror / Radar reflector E E E E E E
Fog horn E E E E E E
Searching light E E E E E E
Manual bilge pump & hose E E E E E E
Distress flares box E E E E E E
3 black balls / 2 black cone E E E E E E
Barometer / Boat's clock E E E E E E
Handbearing compass E E E E E E
Divider / navigation ruller E E E E E E
Dust pan / bucket / funnel E E E E E E
Mooring ropes 150m/14 150m/16 150m/16 150m/16 150m/16 150m/18
6 x fenders 20x68 20x68 20x68 20x68 20x68 23x81


FINANCING OF YOUR YACHT WITHOUT OUR CHARTER MANAGEMENT


Within our Yacht Charter Croatia, besides financing through our charter management, we wish to approach all of you who decided to buy a BAVARIA cruiser, but without our charter management. We may offer you the yacht of your choice for single or installment payments with minimum 40% down payment. The rest may be paid over three to five years, with 8% annual simple interests.

NOTE: Installments are calculated based upon standard yacht equipment, free factory. The financing scheme may also include additional equipment from the BAVARIA YACHTS program.

BAVARIA Aft cockpit
Cabins
Engine
Basic
Price
BAVARIA OCEAN Central cockpit
Cabins
Engine
Basic
Price
BAVARIA 49
49'
3 or 5 VOLVO
78 HP
179.956
BAVARIA 44
44'
3 or 4 VOLVO
55 HP
135.646 BAVARIA 44 44' 2 VOLVO 78 HP 171.206
BAVARIA 41
41'
2 or 3 VOLVO
55 HP
110.818 BAVARIA 40 40' 2 VOLVO 59 HP 128.534
BAVARIA 38
38'
2 or 3 VOLVO
29 HP
86.250
BAVARIA 36
36'
2 or 3 VOLVO
29 HP
73.103
BAVARIA 32
32'
2 VOLVO
19 HP
59.696

Calculation of repayment in six-month installments with 40% down payment. Subject to 8% annual simple interests.

Yacht type/
Purchase Price in €
34%
Down-
payment
Financed
amount
2,20%
Costs of financing
Amount
due until the yacht
delivery
10 six
month instal.5 years
8 six
month
instal.4
years
6 six
month
instal.3
years
BAVARIA 49 K.K.179.956
71.982 107.974 2.940,48 74.357 13.312 16.037 34.328
BAVARIA 44 K.K.135.646
54.258 81.388 1.791 56.049 10.034 12.089 15.526
BAVARIA 41 K.K.110.818
44.327 66.491 1.463 45.790 8.198 9.876 12.684
BAVARIA 38 K.K.86.250
34.500 51.750 1.139 35.639 6.380 7.547 10.226
BAVARIA 36 K.K.73.103
29.241 43.862 965 30.206 5.408 6.515 8.367
BAVARIA 32 K.K.59.698
23.879 35.819 788 24.667 4.415 5.320 6.833
BAVARIA 44 C.K.171.206 68.482 102.724 2.260 70.742 12.665 15.258 19.596
BAVARIA 40 C.K.128.534 51.414 77.120 1.697 53.111 9.508 11.455 14.711

The above prices are in € (EURO), excluding import duties and VAT.
The price-list is valid until BAVARIA YACHTBAU does not publish a new one. If a 10% order pre-payment is made and the yacht builders change the price, the above price list will remain valid.