Build-to-charter treats a new phinisi liveaboard as a capital asset that earns: commission a boat specified for charter, run it in Komodo or Raja Ampat, and hold value as a maintained wooden hull. Told straight, here is the case.
Anchor to the build cost
The asset begins as a build cost — upper six figures into seven figures USD depending on size, cabins and systems, quoted after specification. Anchor every projection to that real number, not a hopeful one.
Revenue drivers
Occupancy and RevPAC — revenue per available cabin — drive the return. A well-specified boat with sellable cabins, a good dive operation and a strong operator earns across a longer season at a higher rate.
Payback, honestly
Payback is measured in seasons, not months, and a realistic model budgets shoulder-season gaps, maintenance haul-outs, crew and fuel. The upside is real but earned over multiple seasons by a well-run, well-kept boat.
See how the boat is built to protect those drivers on the liveaboard newbuild page and the full case on build-to-charter.
Talk to the yard: WhatsApp +62 811-3823-875 · email sales@komodoluxury.com. Every hull is quoted after specification; price bands below are in US dollars.