Would you like to own a superb 70’ CNB for a fraction of its price?


The concept

Luxury Sailing Yachts are among the most beautiful and joy providing things in the world. They enable to travel in lovely, unique, unspoiled spots in an active holyday with the luxury one is used to have at home. They are stylish; they project the image of its owner: natural dynamic, successful. Yacht owners network with other yacht owners, also do their families.

But those nice yachts cost a fortune to acquire, a fortune to maintain and, sadly, lay most of the time berth in marinas around the world waiting for weeks or months for its owners to arrive. This is a major drawback when thinking about investing in a luxury sailing yacht.

Chartering luxury sailing yachts is an alternative, but it is definitively not the same.

Here is a unique opportunity of part owning a beautiful sailing yacht, the LH2.

You are given the chance to actually sail as much as you would do if you where the sole owner of the yacht, investing a very limited amount and, what is more important, sharing the operating and maintenance costs.

You can own 45% of LH2 for an investment of 598.950€ (495.000 + 103.950 VAT) and yearly maintenance costs, fully crewed, of aprox. 50.000€.

Would you like to own a superb 70’ CNB for a fraction of its price?


The concept

Luxury Sailing Yachts are among the most beautiful and joy providing things in the world. They enable to travel in lovely, unique, unspoiled spots in an active holyday with the luxury one is used to have at home. They are stylish; they project the image of its owner: natural dynamic, successful. Yacht owners network with other yacht owners, also do their families.

But those nice yachts cost a fortune to acquire, a fortune to maintain and, sadly, lay most of the time berth in marinas around the world waiting for weeks or months for its owners to arrive. This is a major drawback when thinking about investing in a luxury sailing yacht.

Chartering luxury sailing yachts is an alternative, but it is definitively not the same.

Here is a unique opportunity of part owning a beautiful sailing yacht, the LH2.

You are given the chance to actually sail as much as you would do if you where the sole owner of the yacht, investing a very limited amount and, what is more important, sharing the operating and maintenance costs.

You can own 45% of LH2 for an investment of 598.950€ (495.000 + 103.950 VAT) and yearly maintenance costs, fully crewed, of aprox. 50.000€.

The boat


Technical specifications
CNB 70
DesignPhilippe Briand
Max Beam5,94m
LOA21,12m
Draught2,70m
Year1995 with a complete refit in 2016
FlagSpanish
HullAluminium
CapacityOne Master Cabin with bath
Two guests cabins with double bed and bath
One double crew cabin with bath
MotorSTEYR 156hp (new 2016)
ColourGrey (new 2016)
Teak deck New 2016
Water Maker HRO Safari 220l/h (new 2016)
SailsHood (new 2016), new rigging 2016
Generators20kva Kohler (2016)
20 kva Fisher Panda (2018)
ElectronicsB&G (new 2016 2x Zeus2; radar; autopilot)
Air Conditioning New 2016
Fridges2 in kitchen plus 1 freezer + 1 drink cooler and 1 ice maker in living room (all new 2016)
Music SystemNew 2016
Other items renewed in 2016Mast Painting, Floors, Ceilings, Batteries, Fire extinguishing system, Clothe wash machine and dish washer, Propeller, 120m Stainless chain, hatches, windows, awnings, mattresses, all ropes, black water tanks
What is new?
  • Outer paint
  • Superstructure and mast paint
  • Teak Deck
  • Sails
  • Anchor and 120m stainless steel chain
  • 4,20M 40hp dinghy with accessories
  • Motor, 160 HP Cunning, axe, propeller
  • Air Conditioning, Cold and warm water systems, fridges
  • B&G electronics, autopilot
  • Inside paint, floor and ceilings
  • All windows
What is original?
  • The design
  • The aluminium hull giving a high degree of safety, especially with rough weather
  • The sailing

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LH2 has a Spanish Flag, and it has all the permits and revisions up to date.

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Menorca,
the Balearic Islands,
the Mediterranean

Menorca is one of the best sailing and holiday’s areas in the Med. The combination of its location, its shape and the local prevailing winds allows incredible sailing the year around.

Menorca is very close to the other Balearic Islands, Mallorca, and the lively Ibiza and Formentera.

Lh2 has also being sailing in Cote d´Azur, Corsica, Sardinia, Ischia, Capri, the Eolic Islands, Sicily…

We decide every year a destination for our summer holiday break, and we accommodate the sailing before and after it to that destination.

Early and late season are normally in Menorca and the Balearic Islands.

 

The Maintenance

We like to say that each year the boat is in a better shape than the one before. We have been owning sailing yachts for the last 22 years and have develop a very good relationship with a quality and reliable maintenance company, owned by a family, in Menorca. They take care of LH2 over the winter, they do the yearly maintenance, they are there if needed when sailing in Menorca and, sometimes we have made them travel to other places in the Med, as it is sometimes better to have the people that know the yacht fixing it rather that bring new people, methods into it. They are not the cheapest, but they are reliable.

Over the winter LH2 lays out of the water, dry, we take that sails and working ropes out.

The current owner

We are a family with four children, we have been sailing all our holidays since ever. We like sailing from May till September, long weekends and 30 days on the row in the Summer.

I am a yacht captain, and we sail with the aid of one persons that helps with the sailing, the cleaning and the cooking.

We like our boat a lot and we take care of her so that she doesn´t suffer, we avoid rough seas whenever possible, we are very clean, ecological, educated.

We are Spanish and like to live the life, have our friends on-board and enjoy nice dinners with them.

I am a respected business man, with several companies, board member of listed companies; extremely honest.


The new part-owner

Knows sailing, is experienced in sailing and has sailing certificates that allow him sailing the yacht through the Med.

Is a very responsible person, knowing what it costs to acquire and maintain a yacht, very respectful with the environment, diligent.

The crew

The idea is to have a full time employed captain and a crew through the season, from April to October, to permanently stay on board, help sailing and take care of cooking, cleaning and so on. The captain and the crew are there to obey the owners, who have full licenses to sail the yacht without the crew.


The marinas

In principle, the yacht will have a full-time berth during the season in Menorca, the costs of marinas outside Menorca will be borne by each owner independently. In the winter the yacht will lay outside the water in Menorca, using a rig owned by the majority owner at no cost (for the rig).

Owners can decide otherwise.

The crew

We have sailed always with just one person helping us. For this new set up we are thinking on hiring additionally a captain for the season; so that both owners can enjoy a more relaxing time aboard. Going to have a dinner ashore knowing that if the wind picks up the yacht will be taken care of makes a much relaxing dinner…

The costs

The approximate costs are:

Winter laying area including crane…17.000€
Season berth15.000€
Insurances10.000€
Yearly Maintenance and repairs30.000€
Crew28.000€
TOTAL100.000€

The idea is that if someone breaks something because of his action, he pays for it, if it breaks alone or of use, both sides pay accordingly to their ownership of the yacht We will run an open books policy, both owners will have full access to each of the bills and costs; and both will decide how to manage them.

The offer

You can own 45% of LH2 for an investment of 598.950€ (495.000 + 103.950 VAT) and yearly maintenance costs, fully crewed, of aprox. 50.000€ The maintenance amount has to be paid by February each year.

If the yacht would be sold you would get 45% of the sales price. The majority owner guarantees you in any case a minimum amount related to the year the sale would be done.

YearValue
1598.950€
2569.003€
3534.862€
4502.771€
5472.604€
6448.974€

The majority owner has the right to buy back the yacht from the part owner at following prices:


YearBuy back amount
1598.950€
2598.950€
3569.003€
4540.552€
5486.497€

The majority owner will take care, as is doing today, of organizing wintering and maintenance activities.


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The agreement

We will sign a fair agreement that will cover all what is mentioned here, prepared by a top lawyer firm, looking to protect the interests of both parties.

lh2-yacht-13

The contact


Are you interested in this opportunity?


We will get to know each-other, you will get to know LH2 and let’ see if you become her owner and enjoy her as much as we are doing.