Unique offering from West Country property developer - all for a cool £1 million
A property developer from the West Country is offering people a unique slice of the high-life – a quarter share in a 76ft motor yacht and private plane.
For a one-off fee of £999,000 and a yearly service charge of £55,000 you get 12 weeks’ use of a Monte Fino 76 and 100 hours of flight time aboard a Pilatus PC12 private airplane over two years.
David Trathen of Trathen Properties, who owns the boat and plane, told MBY he had put the package together because he wasn’t getting enough use out of either and wanted to share the cost burden.
“I don’t use the boat and plane all the time, so thought ‘why not sell shares in them?’,” he said. “I’ve got two small children and it’s absolutely fabulous to get on the plane with a packed lunch and then you’re in Malaga before you know it. Then within 40 minutes of landing, you’re on the boat.”
One share is Trathen’s and another has been sold, so the property developer is looking for two others to join the scheme.