TERMS & CONDITIONS Please read carefully in case you are interested in booking Formula 40.

General Info

In order to lease a boat, you must be a holder of a valid speedboat operator license.

The boat is handed to you after a thorough check, with its standard equipment, clean, with tanks filled with fuel and water and two bottles of natural gas in the kitchen. Your sole obligation is the boat’s return in the exact condition it was handed to you (in terms of fuel, cleaning etc.). The skipper and the supplies that you take aboard are considered as extra benefits and are paid separately.

Insurance

The Formula 40 boat is fully insured regarding its value and is also covered by a third party insurance. Please be aware that the life-rafts and the outboard motors are not insured.

Booking Policy

Leasing of a boat can be made either online (see ‘Book online’ on the Menu) or by phone call. The minimum time of leasing is 1 day, while the maximum time is 15 days.

Embarkation time starts from 8:00am till 12:00pm and Disembarkation time starts from 18:00pm till 20:00pm.

Payment

After the finalization of leasing, a deposit of 50% of the total amount is required, while the rest of the amount should be paid 15 days before the departure date.

In case that the period between the leasing date and the departure date is less than 15 days, then a full payment in advance (100%) is required.

Cancellation Policy

In case of cancellation of the leasing in 48 hours, there is a refund of the total deposited amount (50%), if the leasing date begins in 30 days or more.
In case of cancellation of the leasing after 48 hours, there is a refund of half of the deposited amount (25%), if the leasing date begins in 30 days or more.
Deposit is not refundable in case of cancellation of a leasing, which begins in less than 30 days and more than 15 days.
The total amount is not refundable in case of cancellation of a leasing, which begins in less than 15 days.

Guarantee

After your embarkation on the boat, an amount should be paid as a guarantee. This amount will be refunded at the end of the trip, so long as there is no damage caused on the boat. In case of damage, its cost is estimated and the relevant amount is being withheld for repair.

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