Professional yacht management takes the burden of ownership off your shoulders, allowing you to enjoy your yacht without the operational complexities. Learn about the comprehensive services available in Montenegro and how they can benefit you as a yacht owner.
What is Yacht Management?
Yacht management is a comprehensive service that handles all aspects of yacht ownership on your behalf. From crew management and technical maintenance to charter operations and financial administration, a professional management company ensures your vessel is always ready for use while potentially generating income through charter.
Services Included
Crew Management
Recruitment, training, payroll, and certification management for your crew
Technical Oversight
Scheduled maintenance, repairs, refit coordination, and equipment upgrades
Administration
Documentation, insurance, flag state compliance, and regulatory matters
Financial Management
Budgeting, expense tracking, reporting, and cost optimization
Charter Management
Marketing, bookings, guest services, and revenue management
24/7 Support
Round-the-clock assistance for emergencies and operational needs
Benefits of Professional Management
- Time savings: Focus on enjoying your yacht, not managing it
- Cost efficiency: Leverage industry relationships for better rates
- Expertise: Access to experienced professionals across all areas
- Income potential: Generate revenue through charter when not in use
- Asset protection: Proper maintenance preserves yacht value
Management Fee Structure
Typical management fees in Montenegro:
- Fixed monthly fee: €800-3,000/month depending on yacht size
- Charter commission: 15-20% of charter revenue
- Project management: 10-15% of project costs
Start Professional Management
Get a customized management proposal for your yacht