Phinisi Boat For Sale

Charter conversion

Six to Fourteen Per Cent, and Never Guaranteed

Placed into managed charter, a professionally run phinisi returns an indicative 6–14% net a year. Vessels of this class charter at USD 1,800 to 30,000 per yacht per night. Both figures come from the group that operates the fleet.

6–14%
Indicative net yield, per year
USD 1,800
Charter rate floor, per night
USD 30,000
Charter rate ceiling, per night
Never
Guaranteed

Quick answer

Indicative net yields for professionally managed vessels run around 6–14% a year. That is indicative only and never guaranteed, and a written projection with a downside case is prepared per owner rather than published as a table.

  • Cabin count decides how many berth-nights there are to sell.
  • Water capacity decides how long she can stay out selling them.
  • A vessel transferring with charter contracts attached starts from a calendar, not from zero.

Not a forecast, and not investment advice

Charter income depends on the vessel, the season, the region and the operator, and it can be nil. Nothing here is a projection you should plan against — the desk prepares a written projection with a downside case for a specific hull, and that document is the only one worth acting on. The previous version of this page published a five-year yield table rising to 29% a year. It had no source and it is retired.

The two real numbers

What the Operating Group Publishes

These are the only charter figures on this page with a source behind them.

USD 1,800
Rate floor

Per yacht per night

USD 30,000
Rate ceiling

Per yacht per night

6–14%
Indicative net yield

Professionally managed, per year

Per owner
Written projection

With a downside case

Nil
Possible outcome

A vessel with an empty calendar earns nothing

Yields are indicative only and never guaranteed. A written projection with a downside case is prepared per owner.

What moves the number

Yield Follows the Specification

A 16-cabin hull and an 8-cabin hull cannot earn the same money, and no management structure closes that gap. Before any projection is worth reading, the vessel has to be able to carry the guests and stay out long enough to serve them.

That is why this page points at specifications rather than at a five-year table. The old version modelled a 45-metre vessel at USD 3.0M of capital that does not exist on our book, then compounded it to a 29% yield. Every number in it was downstream of a hull nobody could buy.

Cabin count VIP V · 16
Sixteen cabins for thirty guests is double the berth-nights of the eight-cabin hull, on the same 38 metres of length
Guest capacity VIP V · 30
Against 21–25 on VIP VI and 20 on VIP III and VIP IV
Water aboard VIP V · 50 tons
Decides how many days she can stay out before a port call interrupts an itinerary
Water maker VIP IV · 4 t/day
The only vessel on the book that makes its own — it does not have to come back for water
Finish quality VIP VI
Ironwood and teak, every cabin ensuite, jacuzzi deck. Fewer berths, but the ones that command the top of the rate band
Contracts attached Ask per vessel
A hull transferring with forward bookings starts from a calendar rather than from an empty one
A phinisi under full sail in Komodo waters at golden hour

Three levels of involvement

How Much of It You Want to Run

Commercial terms for each are quoted per owner against a named vessel. The revenue splits the old page published — 60/40, 80/20, and a 10–15% commission — had no source and were retired.

The operator

Full management

The vessel runs as a fleet boat on the group’s own crews, standards and calendar — marketing, bookings, provisioning and maintenance included. You take a distribution and keep a block of personal use. Best fit for an owner who wants yield rather than a business.

Shared

Marketing and bookings only

The vessel is marketed through the group’s channels and the bookings come to you, but your own crew runs her. Best fit for an owner who already operates, or who wants operational control and only needs demand.

You

Network access

The vessel sits in the wider booking network without exclusive marketing, and you keep full control of the calendar. Best fit for an owner with their own demand who wants supplementary flow.

Before she can earn

What Charter Actually Requires

A hull cannot charter in Indonesia because you would like it to. These are the conditions.

  • Required

    Indonesian flag

    A foreign-flag yacht cannot operate in-country charter. The vessel flies the Indonesian flag, which means an Indonesian entity owns it.

    See /indonesia-yacht-permit/

  • Required

    PT PMA ownership

    The Indonesian entity that holds the flag for a foreign principal. The maritime-sector capital requirement is IDR 10 billion, roughly USD 650,000.

    See /pma-setup-indonesia/

  • Required

    Operator licence

    Surat Izin Usaha Perusahaan Angkutan Laut, held at company level, to carry guests commercially by sea.

    Ministry of Transportation

  • Required

    Certified crew

    Crew certified under Indonesian maritime regulation, with basic safety training current. Certification currency is checked at survey rather than assumed.

    See /phinisi-crew-hire/

  • Required

    Current vessel certificates

    Safety certificate and tonnage certificate current, and a clean independent survey. These are what let an insurer price the vessel at all.

    Ministry of Transportation

  • Conditional

    Marine-park permits

    Charged per guest and administered per region. Confirm the current schedule before each season.

    Per region, per guest

The ownership structure is the long lead item and the expensive one — see the PMA page for the capital requirement, which is larger than four of the five vessels on the book.

Written projection

Ask for the Downside Case

Pick a hull and the desk prepares a written projection against it — with the downside modelled, not just the upside. That document is worth more than any table a website can publish.

Or call +62 811-3941-4563

  • Written projection against a named vessel
  • Downside case modelled alongside the base case
  • No obligation and no fee to enquire