plan a yacht price

How to Plan and Book the Perfect Yacht Charter

For those who have been dreaming about sailing on a yacht, maybe it’s time to finally go for it..

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Just you and your crew and the open sea.

Courtesy of Goolets

Shivering with excitement, I finally fulfilled a dream of mine this past October when I jumped into the Adriatic Sea off the stern of a private yacht. It just always seemed to me like such a glamorous, carefree thing to do. Although a colorful floatie awaited me in the water (I am not a great swimmer), it still felt as indulgent as it sounds. The plunge was off the coast of Croatia where the spectacularly tri-toned blue water was so clear I could see all the way down to the bottom of the sea below.

My shipmates cheered me on in our little isolated patch of Adriatic—besides the passengers and crew there was not another soul in sight. Along Croatia’s charming and remote stretches of coastline, a captain might tie a 164-foot yacht to a tree on shore for lack of a proper port.

After decades spent cruising on ships of all sizes, I finally had my first-ever private yacht experience this fall courtesy of Goolets , a Slovenian charter company that represents more than 100 ships owned by local Croat skippers. Also onboard were more than a dozen other writers from the United Kingdom and the United States, invited to explore some of Croatia’s 1,200 islands on a four-night sailing and to witness firsthand why the private yacht experience is growing in popularly.

Our itinerary took us from Split, Croatia’s second largest city, to red-roofed limestone fishing villages, historic towns, “secret” swimming holes, and past scenery that varied from lush to barren. But we didn’t rush—a key to a successful yacht sailing.

One mistake that some people make when booking a yacht is planning to cover too much ground, says Mitja Mirtič, who runs Goolets with his wife, Alenka. “It takes away from the pleasures,” he explains. “The best part is when you just stay anchored in the morning, take a swim before breakfast, you take it easy.”

Yachts became a particularly enticing travel option during the pandemic, a way to safely travel with your bubble in a stunning destination. In that sense, the experience is as luxurious as it is practical—all your accommodations, belongings, services, and crew sail around with you as you visit lesser-known ports and coastal communities.

Based on my brief but convincing introduction, yachting is not at all like what is depicted on the sensationalized Bravo show Below Deck, except for maybe the pampering and convivial service—otherwise there’s (usually) much less drama and a lot more relaxation and cultural exploration. It’s an intimate way to explore gorgeous shores, while also enjoying quiet interludes sailing along the open sea. And, of course, there are the requisite cocktails in the hot tub.

For those who have been dreaming about a yacht vacation, it may be easier to plan than you may think. Here are some tips for how to choose, plan, and book a private yacht experience.

The most popular destinations for yachting

Croatia ranks high on the wish list of many yacht fans. According to a recent Bloomberg Wealth super-yacht index , it’s sixth on the places where super-yachts were hanging out this summer. If you’re seeking some sailing inspiration, the full list of popular yachting destinations, according to the index, is:

• United States

Croatia is among the top yachting destinations in the world.

Photo by Shutterstock

How to choose your yacht

Private yachts range from basic sailing boats from under $5,000 per week to over-the-top super-yachts—basketball legend Michael Jordan cruised Croatia in August on a $1 million super-yacht with its own helipad, 10-foot waterslide, and gym, for instance.

Most yachts around the world hold up to 12 guests in six cabins. The ship I sailed on in Croatia, Freedom , is being reconfigured from a 39-passenger mini-cruise ship to a mega-yacht that will sleep up to 22 guests. After a winter redo, facilities will include two master suites, a massage room, cinema, gym, pool, and Jacuzzi. Clients will be able to charter the yacht starting from about $92,500/week, an experience that includes concierge services designed to assist big families or groups of friends in planning their private vacation.

When looking at a yacht to charter, it’s important to consider who will be joining you—if you are bringing kids, for instance, that will change the group dynamic—and how much time you plan to spend onboard as opposed to on shore, which will determine how much space you’ll actually need and use. Tight quarters are fine for some people, while others want room to spread out, but you will pay more for extra space.

How do food and drinks work on a private yacht?

When booking a yacht, you can cater the food to your preferences.

On yacht charters you pay extra for food. The crew can stock your favorite food items; before your sailing you might be asked what you like to eat—I put fresh seafood high on my list when asked.

You may choose how many meals a day you want to eat onboard (as opposed to at restaurants on land). For full board (three meals daily), Goolets charges from about $575 per person, per week. You can also upgrade to a luxury gourmet cuisine package from about $1,390 per person, per week. I was impressed by what the two-person chef team on Freedom could create in a relatively small galley space—fresh flowers decorated beautifully presented dishes, including zucchini carpaccio with goat cheese and Croatian truffles, shrimp and black rice with squid ink, and Croatian leg of lamb.

Alcohol is typically an extra charge as well. A Goolets package with quality Croatian wines and beers and an international assortment of liquor costs $575 per adult, for a weeklong sailing.

Do private yachts come with a crew?

Freedom is staffed by a crew of about 11, including a captain, chefs, a masseuse, deckhands, bartenders, cleaners, and servers. You can also request, and pay for, additional crew—such as a dive master, fitness trainer, or a hair stylist. Most luxury yachts come with a crew of one to six, starting with the captain.

How private yacht companies help with itinerary planning

Having local experience helps in determining where to cruise, wherever you are sailing. Our captain, Ivan, who also owns Freedom , devised an activity-packed but never overloaded route from Split, where there’s a modern airport that is relatively easy to get to via international flight connections. (And where you can see the remains of Roman emperor Diocletian’s retirement home before sailing away.)

We hit Croatian hot spots such as trendy Hvar, where we dined at Gariful, a seafood restaurant that musician Jon Bon Jovi liked so much he left an autographed guitar (now proudly displayed on a wall).

We stopped by Korcula, a Venetian walled city, and quaint Bol for the famous Golden Horn beach, which looks as its name suggests. We boarded small fishing boats to view the famed Blue Cave, where the very blue sea is reflected on limestone walls.

Goolets prides itself in picking the best tour guides on shore, which was certainly the case in the former Yugoslavian army base of Vis, where we rode in jeeps to see a British-built former airfield and other remnants from World War II. On tiny Moro island, off Korcula, we stopped by a beach bar only accessible by boat, where Croatian oysters are paired with Ostreum sparkling wine, aged for more than a year under the sea.

These unique outings elevated the sailing to a truly memorable, one-of-a-kind travel experience. You will want to make sure that whatever yacht charter company you choose can assist you in doing the same.

Other handy yacht charter tips

• The best time of year for sailing on a private yacht charter is during the off season, typically late April or early May, late September, and October.
• Wherever you charter a yacht, make sure you understand exactly what is included . Generally, extra charges cost 30 percent above the basic charter price. For instance, in addition to food and drink, fuel can add significantly to your charter cost—in Croatia, four hours’ worth of fuel per day is typically included.
• Gratuities add 5 to 20 percent (with lower suggested amounts in the Mediterranean and slightly higher in North America).
• Other expenses may include private marina fees, natural park entrances, and taxes.
• Don’t forget water toys. Your yacht may stock snorkel equipment and can add diving equipment (for an extra charge). Other toys may include paddleboards, kayaks, Jet Skis, waterslides, water trampolines, and a tender boat for thrilling inner-tube rides. Be sure to find out what is onboard in advance so that you can embrace your favorite water activities.

Top yacht charter companies

When you book a private yacht charter with Goolets, your hot tub sails with you.

This 16-year-old company has a big selection of luxury boats and ships in Croatia, including wooden Turkish gulet (the company name Goolets is based on the proper pronunciation of gulet) sailing ships, motor yachts, super-yachts, and mega-yachts. Goolets also charters yachts in Turkey, Italy, Greece, and the Maldives. To book: Goolets.net

The Moorings

A well-established company, the Moorings operates its own fleet of specially designed monohull sailboats and catamarans and is best known for sailing in the Caribbean. It also sails in Croatia and more than 20 other destinations around the world. To book: Moorings.com

Northrop & Johnson

This acclaimed Fort Lauderdale, Florida–based luxury yacht specialist (which sells and charters yachts) offers sailings throughout the world. The fleet includes motor yachts, sailing yachts, and explorer yachts that are capable of sailing long distances. To book: Northropandjohnson.com

Charter World

London-based private yacht charter specialist Charter World has a huge international portfolio—more than 3,000 charter options around the world. The company reps crewed, luxury, bareboat, sail, power, and catamaran options with some of its top destinations including the western Mediterranean and the Caribbean. To book: Charterworld.com

>> Next: The Best Time—and Ships—for Sailing the Greek Islands

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How Much Does It Cost To Buy A Yacht?

By Rob Bowman | Posted On Aug 09, 2021 Updated On Dec 12, 2023

If you're new to owning a boat and want to experience the luxury lifestyle, buying a yacht is the perfect way to indulge yourself while also creating unforgettable memories on the water. From anchoring at a secluded island in the Caribbean to cruising the coastline enjoying the fall colors, yacht ownership opens up limitless possibilities to explore the beauty of Mother Nature. It can also create quite the adrenaline rush if a sportfishing boat is more your style. There are many benefits to hiring a professional yacht broker when you plan on buying your first yacht including having someone on your side when evaluating the right price, for the right vessel.

So how much does it cost to buy a yacht on average? In 2021, the average selling price of a yacht is approximately $640,000, with prices ranging from $300,000 to over $15,000,000. This average selling price represents all pre-owned boats from 40-feet to 100-feet, power (not sail), and sold in the Southeastern United States, including the large Florida market. The data collected for this sales price was from the boating industry's MLS system.

This 50-foot flybridge yacht (seen below) was sold around the average selling price mentioned above and is a good example of what you can expect when spending over $500k . It features several bedrooms for overnight trips, a galley, a nice flybridge seating area, and a lot of comforts you would find at home.

A yacht can mean vastly different things to different people depending on their style of boating, where they live, what they plan to do on the boat, and the amount of equipment they choose. A 50-foot yacht can vary in price by several hundred thousand dollars depending on how new it is, its engines, brand, and amenities. Having a conversation about your needs and budget with a professional yacht broker can answer all of these questions and take the guesswork out of your search. 

While the average price of a yacht sold in the Southeast this year is $640,000, buyers can find yachts for less if they are willing to go a bit older and/or a bit smaller.

• According to the list of 2021 sold boats, the average selling price for yachts between 40 and 50 feet was $329,000.
• Yachts under 40 feet are generally called cruising boats and can still feature a lot of the same amenities found on larger vessels.
• How much does a small yacht cost? Examples of active boats on the market right now show a sizeable difference in price depending on the length and year. For example, a 2021 40-foot Intrepid boat is listed for over $800,000 , while a 2011 Intrepid 40 is listed for under $400,000 .

(Seen below: This Cabo 40 would be considered a smaller yacht and is listed for under $375,000.)

The larger, newer, and more extravagant yachts can cost $5 million and higher. Forbes.com identifies a superyacht as a vessel ranging from "79 feet to more than 590 feet in length." The average selling price in 2021 for yachts over 100-feet, according to the industry MLS database, came in at just under $1 million. Of course, there were several superyachts that were between $10 million and $50 million on the list.

A prime example of a superyacht would be " ANTITHESIS ", a Horizon Yachts 136 that had an asking price of $7,990,000 at the time of sale. This superyacht featured 5 luxury staterooms, a pilothouse with full electronics suite, a jacuzzi, sauna, 2 water-makers, 2 generators, and a lot more top-end equipment. Yacht owners looking to cruise long distances or possibly turn the vessel into a yacht charter business would be interested in a boat of this stature.

( Seen below: This Horizon 136 required massive engines that gave it a range of over 1,400 nautical miles. )

The cost of a yacht is not the only cost to consider. Purchasing your new boat is the largest upfront expense, however, there are also the costs of owning a yacht that need to be considered. This is again where hiring an experienced, professional yacht broker can really pay dividends and take a lot of the stress out of the process. Things like insurance, storage, routine maintenance, captain and crew salaries, all need to be factored in to your expectations. We dive into this a bit more in our articles Why Are Boats So Expensive? and What Should I Spend On A Yacht?

Despite the potentially high cost of yacht ownership, it is still an excellent investment in your well-being and will bring countless joyful memories. There is no other recreation in the world that brings families and friends together, while enjoying the wonders of the ocean.

( Seen below: CHIMERA is a 60-foot Hinckley sailing yacht listed for over $1 million. )

While the purchase of sailboats still account for less than 10% of all boats sold, sailing is still a popular past-time which has some very passionate enthusiasts. According to Trade Only Today , in 2019 and 2020 there were more than 1,100 sailboats sold in the United States. As you begin to figure out exactly what type of boating you want to enjoy, as well to learn the advantages and disadvantages of different boat types, you can begin to narrow down the selection process.

Below is the average cost to purchase a small yacht broken out by type :

• Sailboats Over 40': $193,000
• Sailing Catamarans - All Sizes: $361,000
• Power Catamarans - All Sizes: $304,247
• Downeast Yachts - Over 35': $532,240
• Sport Fishing Yachts - Over 40' and in Southeast: $815,500

With so many factors to determine how much it costs to buy a yacht and maintain it, it is in the best interest of boat buyers of this magnitude to speak with a certified professional yacht broker. "Pricing a yacht in this market can be a difficult thing," said Brian T. Franc , CPYB and manager of United's Emerald Coast Division. "Pre-owned prices are definitely inflated due to lack of inventory, but there are still some great opportunities if you are fast and have someone watching the market daily on your behalf. As someone who has been in the yacht brokerage industry for almost 30 years, I can tell you that working with a professional makes a difference. We can tell almost immediately whether a boat is over-priced, what it will likely sell for, and whether or not it is the right boat for your needs.

Other Related Articles Of Interest :

• Can I Sell My Yacht Without A Broker?
• Why Are Sportfishing Yachts So Expensive?
• What Is The Best Time Of Year To Sell A Boat?
• How Much Should I Pay For A Yacht?

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What Is The Best Size Cruising Yacht?

PLANET NINE Motor yacht for charter

The ultimate expression of yachting capability and status, PLANET NINE was designed by the renowned Tim Heywood and is destined to be regarded as one of the world's foremost explorer yachts.

Modern exploration, enveloped in luxurious comfort. Unforgettable, life-affirming experience.

• Beach club including steam room at sea level
• Private owner's deck
• Exercise equipment
• Main deck cinema
• Helipad & Helicopter MD600 Explorer (daily rate & details available upon request)
• Three VIP cabins, including one convertible to two double guest cabins (one with double sofa bed)
• Masseuse, personal trainer, fantastic head chef and helicopter pilot part of the crew
• Elevator serving lower to sun decks
• Jacuzzi on the sun deck
• Zero speed stabilisers to reduce any rolling motion

About PLANET NINE

The ultimate expression of yachting capability and status, PLANET NINE was designed by the renowned Tim Heywood and is destined to be regarded as one of the world's foremost explorer yachts.

View all yachts for charter

With massive 2,100GT of volume, PLANET NINE can accommodate up to 12 guests in nine elegant cabins, including a separate owner’s deck and a main deck VIP suite. Her hull is ice classed and comes with a superb specification including her MD 600 Explorer helicopter, hangar and helipad.

Although designed for exploration, PLANET NINE’s interior includes every facet of modern superyacht luxury. A lift serves all five decks, with the owner enjoying an entire deck that creates a private 3,000 sqft apartment with a full suite, dressing rooms, lounge, study and terrace. A VIP suite occupies much of the bridge deck, creating another private area, and the suite has its own lounge, which can be converted into a cabin.

A forward observation lounge offers panoramic 180-degree views and floor to ceiling glass is a feature across the yacht. In the unlikely event that you require a distraction from the outside world, a cinema lives below the observation room.

The guest deck includes its own entrance and lobby at the stern of the yacht. As you walk to one of five double suites, you will pass the steam room and beach club with its spectacular sea terrace.

Tenders & toys

• 1 × Limousine tender
• 2 × Tenders
• 1 × Deck jacuzzi
• Anti-jellyfish pool
• Climbing wall
• Inflatable platform
• 3 × Waverunners
• 2 × SeaBobs
• 2 × eFoils
• 2 × Kayaks
• 4 × Stand up paddleboards
• Kite surfing equipment
• Inflatable tows
• Fishing gear
• Snorkelling gear

Please note that tenders and toys are subject to regular upgrades and changes. Contact a Burgess broker for the latest information.

Fitness equipment

• Basketball court
• Free weights
• Personal trainer
• Rowing machine
• Training bench
• Upright stationary bike
• On board masseuse

Please note that fitness equipment and wellness facilities are subject to regular upgrades and changes. Contact a Burgess broker for the latest information.

Check availability

Planet nine is available for those dates, planet nine is available for those dates subject to confirmation., sorry, planet nine isn't available for those dates, contact a broker to discuss your requirements, please change your dates or contact us for a personalised yacht selection..

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• Mediterranean

From EUR 650,000 per week

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Rate from EUR 830,000* per week

• Length: 75m (246.1ft)
• Guests: 12 guests in 6 cabins
• Built: 2020
• Feadship, De Vries

Rate from EUR 595,000 per week

• Length: 73.6m (241.5ft)
• Guests: 12 guests in 8 cabins
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Rate from EUR 567,000*† per week

• Length: 73m (239.5ft)
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Rate from EUR 600,000* per week

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Rate from EUR 588,000*† per week

• Length: 65.7m (215.6ft)
• Built: 2023

Rate from EUR 645,000† per week

• Length: 63m (206.7ft)
• Built: 2019

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Elevator serving lower to sun decks means the boat can accommodate all generations

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Yachts for Sale

For aspiring yacht owners looking for a luxury yacht for sale, we have put together a fine selection of luxury yachts and megayachts for sale from all over the world. Search BOAT International's collection of superyachts for sale and filter by type, length, asking price or age. Narrow the results by selecting specific features, or browse by speed, designer and much more.

Explore luxury yachts for sale

Search for everything from motor yachts for sale from renowned Dutch yards including Feadship and Heesen , premium Italian names including Azimut , Sanlorenzo and Benetti , popular British builders Sunseeker and Princess , and American megayachts for sale from US yards such as Westport .

Our collection also features sailing yachts for sale from legendary names such as Royal Huisman , Perini Navi , Nautor's Swan and Jongert , as well as some of the most well-known explorer yachts for sale .

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Average Yacht Prices | 40, 50, 60, 70, 100 feet + Helpful Examples

How much do yachts cost? Let’s look at yacht prices per size.

SELECT SIZE ⇩

Note: We will look at yachts that are a few years old. Very few people buy brand-new yachts as the price comes down a lot after only a few years.

How much is a small yacht? Let’s start at 40 feet length.

40 Foot Yacht Cost

A 40-foot yacht can be found used for around $200,000 and new models can cost as much as a million dollars. There are always lots of used yachts for sale around 40 feet in length, which makes them more attractive to first-time buyers.

Technically, a yacht begins at 23 feet. However, yachts that size will more often be referred to as boats.

A 40-foot yacht is a great option for looking for relative simplicity and plenty of comfort and capability. This size is great for day trips in the Caribbean dedicated to speed boating or simple cruising.

The size remains manageable, but the vessel can be updated with extra living spaces and amenities as desired, with a more affordable price than larger options.

The maintenance prices will remain lower as well.

Make sure you are considering the age of your yacht. Even if it is on the smaller end, it will be more expensive if it is new and custom-built to your wants.

Even if you think a 40-foot yacht is the cheapest option, these small factors make for a sliding price scale.

You might find that a smaller, new, custom yacht is more expensive than an older, simpler, larger yacht. One benefit of an older yacht is that it should have the improvements and equipment that make it comfortable to operate and will not have those additional costs.

For  sailboat prices specifically, check out this article .

Our Pick: Viking 42 Convertible: Cruise and Fish (2014)

Price: $895,000

• Cushioned seats
• Underwater lights
• Flybridge fiberglass hard-top
• Recent engine and service
• Joystick control
• Cockpit shade with poles, freezer, and step-up box
• Custom chairs
• Coach roof overhang to provide shade
• home theater setup
• Freshwater wash area
• Cockpit freezer and drink box
• Forward-facing viewing windows in deckhouse

Here’s a great example of a yacht with differing ages and year models. It has twin diesel engines, 600 hp each, and cruise at 35 mph (pretty fast!).

Yacht Price Examples for Three Other 40-50 Foot

• 42-foot Grand Banks 42 Classic; trawler-cruiser style yacht; twin diesel, 350 hp each, cruising speed is 13 mph. Price: $370,000 for 2004; $124,500 for 1986; older ones for less
• 45-foot Sea Ray 450 Sundancer or Sedan Bridge; single or twin diesel, about 1,000 hp total; cruising speed about 26 mph Price: $472,000 for 2012 twin-engine
• 41-foot Back Cove Downeast; single diesel 715 hp; cruising speed is 26 mph Price: $619,000 for 2016

50 Foot Yacht Cost

50-foot yachts are  normally owner-operated, so you wouldn’t need to pay for a crew. Now we are around the size of 2-bedroom yachts.

They can provide more living space giving the owner flexibility for more guests and making it a more permanent residential option. With more space comes the opportunity to install more amenities as well.

The biggest difference between the 40-foot vessel and the 50-foot is the accommodations.

Expect three-cabin layouts, which give plenty of space for rest. The opportunity to create guest rooms, owners’ suite, and entertainment spaces are better with these yachts.

Our Pick: Hatteras GT54 Convertible Sportfish

The price for the 2017 model of this used yacht starts at $2,249,000. 

This yacht is 53′ 10″ long and weighs 75,000 pounds! It has twin diesel engines, 1,300 hp each, cruising speed of 35 mph.

It has a 1200-gallon fuel capacity with three staterooms. It sleeps up to 6 people, so it is perfect for entertaining without being so large to the point where maintenance becomes very difficult. It is known for its great propulsion rates and is very smooth and agile.

It specializes as a fishing boat but allows plenty of room for guests. In addition to the three staterooms, it has a large salon deck, a spacious galley, and plenty of indoor and outdoor seating.

Yacht Price Examples for Two Other 50 Foot

• 51-foot Azimut Magellano 50; express cruiser; twin diesel engines, 425 hp each, cruising speed 16 mph Price: $670,760 for 2013
• 52-foot Carver C52 Command Bridge; twin diesel engines, 600 hp each; cruising speed 18- 26 mph Price: $1,149,000 for 2017; $1,750,00 for 2021 with bow thrusters, gyro-stabilizer

How much is a large yacht? Let’s  step up to 60 foot.

60 Foot Yacht Cost

Now we’re looking at 2-bedroom yacht prices. A yacht in this range approaches the upper end of the owner/operator criteria.

This means that owners need to decide whether they can handle this size yacht on their own or if they need to hire outside help from a crew.

If you’re thinking of buying a boat this size, the cost may not be an issue, but understand that adding crew members adds substantial extra expenses! Crew salaries start at around $3K /mth for junior members and $10K for captains and experienced crew members.

This size is great for longer travels beyond day trips and adds more and more space for extra amenities. Hosting guests becomes easier.

Here are some examples:

Our Pick: Hatteras M60

The average base price for this model is around $2,995,000.

The Hatteras M60 is great for someone who wants the luxury of a larger yacht but still wants to be an owner-operator. The deck’s layout below and above is spacious, with a large salon and a full master suite. It can be customized to order with hardwood floors or specific carpeting and amenities like TVs, a bar, a full kitchen, etc. It is a motor yacht, meant for pleasure cruising.

It has twin diesel engines, 1135 hp each; cruising speed is 28 mph.

Yacht Price Examples for Two Other 60 Foot

• 64-foot Schaefer 640; express cruiser; twin diesel engines, 625 hp each; cruising speed 25 mph Price: $1,299,000 for 2017
• 60-foot Sunreef 62 Sailing Catamaran; twin diesel engines 110 hp each; cruising speed 10 mph Price: $990,000 for 2009

70 Foot Yacht Cost

We’re now looking at 3-bedroom yachts. Once you reach this size yacht, it is almost guaranteed you will need a crew to help operate it. A crewed yacht is very different from an owner-operated yacht.

This is just shy of the superyacht category, so if you settle on this size, know you are almost there!

As previously mentioned, as the yacht size gets larger, so do the number of factors that make the purchase more layered and complex.

When yachts reach this size, the interior layout begins to change more drastically. They often have a spacious main deck perfect for dining and entertaining guests, whereas below, the yacht would likely have four or more cabins and crew quarters.

With more rooms comes more cost and more opportunity to customize the space to make it your own.

Here are some great options for this size:

Our Pick: Hatteras GT70 Convertible Sportfish

The 2017 GT70 model runs around $4,500,000, but keep in mind the extra costs of maintenance, furnishing, and a cabin crew to help it run. It’s great for a long vacation and far-away destinations.

The GT70 convertible sportfish is known for its speed and agility, and high propulsion power. It has twin diesel engines, 1900 hp each; cruising speed over 30 mph.

It is 70′ 6″ with 2,140-gallon fuel capacity. The inside is lavish, with a galley, a huge salon, and five staterooms.

Yacht Price Examples for Two Other 70 Foot

• 75-foot Hatteras Motor Yacht; sport cruiser; twin diesel, 1800 hp each; cruising speed 28 mph. Price: $4,375,000 for 2017
• 74-foot Ocean Alexander Motoryacht; twin diesel, 1150 hp each; cruising speed 24 mph. Price: $1,895,000 for 2011

100 Foot Yacht Costs (and up):

You are officially in the superyacht range.

These yachts come in all styles and shapes, allowing for cruising along coastlines or focusing on watercraft and speed boating.

Since this is likely the peak size boat for practical use, you can expect a lot of additional costs for hiring a crew, maintenance, docking, as well as stocking your boat full of amenities. 

You’re likely to spend the bulk of your costs furnishing this size boat as bigger yachts typically are sold without furniture. The previous owner will want to hold on to designer furniture and other expensive interior.

Check out these great  examples of 100-foot yachts .

Our Pick: 143′ 04″ Virtus 44

This model cost around $20,189,000.

This mega yacht is anyone’s dream.

It is home to a fully integrated beach club with room for a pool deck, floor-to-ceiling windows in the main salon, a hot tub on the top deck, five staterooms, an 8-person crew, and room to sleep ten guests.

It has room for water toys and other gadgets, with a layout that keeps them purposefully hidden from the outside world. It has a 12-knot cruising speed and 16-knot max speed,

Other 100+ Feet Yachts Price Examples

• 98′ 5″ AB 100 Price: $8,843,260 for 2018
• 161′ 04″ Acico Nassima Price: $17,933,000 for 2012

How Much is Yacht Insurance?

Insurance on a yacht is around 1% of the purchase price per year. It can go higher if you have lots of expensive designer furniture. This can add up over the years. It’s often cheaper to insure a sailing yacht but the price range is still within the 0.7-1.3%.

What Other Expenses Do Yacht Owners Face?

Harbor fees is another expense for yacht owners. It’s also a yearly fee that varies but as a rule of thumb, you can expect to pay around $100 per foot per year, depending on how popular the marina is. You will also have to be on a waitlist if you want a good location.

How Much Does a Luxury Yacht Cost?

A super yacht fall under the category of “luxury yachts” or “mega-yachts”.

The world’s largest private vessel belongs to the Prime Minister of the United Arab Emirates, Khalifa bin Zayed Al Nahyan’s Azzam. It is 590 feet long and costs $600 million to build!

It is outliers like these that increase the price average for yacht owners, perhaps scaring potential owners when they start their research.

As a luxury yacht price guide, however, we need to look at averages.

Currently, the average superyacht costs $275 million. This does not even account for maintenance costs, either.

Superyachts are large and luxurious, needing a professional crew to help them run. They are designed to emphasize comfort, speed, and longer expeditions – depending on the yacht builders.

They might have:

• swimming pools,
• water toys,
• diving and fishing poles,
• fully furnished rooms,
• helicopter landing pads,
• and smaller support vessels

Just to name a few amenities. They are truly the epitome of the elite.

What Size Boat is Considered a Yacht?

The normal yacht length starts at around 23 feet, and can extend hundreds of feet.  If the boat meets 23 feet, it can be considered a yacht.

A boat does not need luxury features to be considered a yacht.

It can be minimal and stripped of the “extra” stuff to fall into the yacht category, so long as it meets the size and length criteria.

11 Things to Consider Before You Purchase

When making this purchase, the yacht size you buy needs to reflect what you hope to get out of the vessel.

Some important questions to ask yourself before you buy are:

• What does your perfect day on the water look like?
• How long will your average day on the water be?
• Will it be more boating/watercraft focused or long cruise focused?
• Will you use the yacht for fishing?
• Will you be on the yacht every day of the week or just on weekends?
• How many people do you hope to fit on the yacht?
• Do you plan to stay on the yacht overnight?
• Where will you dock the yacht?
• How much boating experience do you have?
• How fast do you want the yacht to go?
• How important is it to have extra amenities like furnished rooms, water toys, electronics, etc.?

These questions will guide you to understand the size you really need and will be able to realistically maintain versus what your most ideal yacht would look like.

When Do You Need a Full-Time Crew?

At length over 50 or 60 feet, you may need a full-time captain or crew. 

A full-time crew person will be needed to keep all the varnished woodwork looking good and all the little things maintained.

Sometimes, you must be honest with yourself about what you want and what you actually need. Be self-aware about your abilities (or lack thereof) in taking care of a specific size yacht.

If you don’t know much about boats and navigation, you will need more help to use your vessel.

Hopefully, this comprehensive guide gives you a good starting point as you begin your yacht price research process.

Important Things to Consider As Well

Although there are many factors to consider when understanding a yacht’s prices, it is an exciting purchase nonetheless and should be enjoyed as much as possible.

At the end of your research, you’ll be the owner of a beautiful yacht you can use for leisure, cruising, sports craft, fishing, or all of the above.

Although this article is a good starting point, we would also recommend getting in touch with a  yacht broker who can help you find your best fit , model, year, and the price is given your personal budget. 

They are great sources of knowledge in addition to personal research.

Make sure you are as patient as possible in this process to make sure you are covering all your bases, but most importantly, enjoy the process!

Here’s How Much Yachts Cost on Average:

Yachts start around $300,000 for smaller 40-foot models and can go as high as several hundred million dollars for superyachts.

These are the main contributing factors to the price of a yacht:

• The size of the yacht
• The age of the yacht
• The brand and  type of yacht

In general, the larger the yacht is, the more important the quality of the build becomes.

Also, potential owners need to understand the cruising speed and propulsion of different yachts.

The yacht type is also broken down into two categories:

• Mediterranean Style Open style expresses yacht with maximum space for sun, little-to-no shade on the deck.
• Hard-top express Semi-enclosed or fully-enclosed space on deck for the operator
• Flybridge yachts

An express yacht is often referred to interchangeably as an  express cruiser  or  sports cruiser .

It has a single deck above the hull with a living space below.

They are much sleeker, too.

A flybridge yacht is often referred to as a sedan bridge or sport bridge, and it is typically used for fishing. It has additional space above the main deck.

Since the flybridge area has more space on the second deck, the main deck is normally made up of enclosed spaces and rooms.

It can have an open-air layout but can also have a hard-top.

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Palm Beach council OKs mooring plan to help millionaire keep yacht from being 'destroyed'

Millionaire Peter May has a problem: Wake from passing boats on the Intracoastal Waterway causes his 72-foot yacht to bang into the recently completed dock that extends from one of his Palm Beach properties.

His yacht captain has a solution: Add mooring piles around the boat to secure the vessel and stop the damage.

The Town Council at its Development Review Committee meeting on April 10 voted unanimously to approve two variances to allow May's team to complete the work west of his waterfront property on Dunbar Road. He owns all three properties on the south side of Dunbar’s 300 block, between the Intracoastal and North Lake Way, property records show.

May also keeps a smaller boat on the dock, town records show.

May is a longtime Palm Beach resident, investor and businessman. He is president and founding partner of Trian Partners, a hedge-fund management firm known for its holdings in major companies such as Wendy's and The Walt Disney Co.

The first variance will permit May to install a series of marine mooring piles farther than 150 feet from land, the maximum allowed by the town. The second will allow for one of those piles to be within the 25-foot setback from the north riparian line, which is essentially the line that extends into the water from the property line.

Attorney Maura Ziska, representing May, said the work is necessary and needs to be completed to protect his yacht.

“The boat is getting tossed up against the dock and getting destroyed,” she said.

The mooring piles suggested by the captain should solve that problem, Ziska said.

Mayor Danielle Moore asked for insight into the possible unintended consequences of approving the variances.

The answer from staff and Ziska: There would not be any.

“The Intracoastal is very wide at this part of the island,” Ziska said. “It’s not going to impede boat traffic. No one is going to run into the mooring piles.”

The dock that was approved by the town last year extends as far into the Intracoastal as it does because the depth of water is needed for the boat’s size, she said.

“It’s just logical that to moor it safely, we need the mooring piles on the west side of it,” Ziska said.

Councilwoman Bridget Moran, in her first Development Review Committee meeting after being sworn into office the previous day, said she was concerned that a boat of that size, and that far into the Intracoastal, would disrupt the view of residents who enjoy sitting on the bench at the west end of Dunbar Road.

“You’re literally looking at the broad side of a boat,” Moran said, adding that she feels the boat is too big for the property, while also acknowledging May’s right to have the boat there.

“Just saying,” she said, “moving forward, there is the possibility that at the end of all these beautiful streets, we’re going to be looking at just narrow portions of vista.”

Kristina Webb is a reporter for Palm Beach Daily News, part of the USA TODAY Florida Network. You can reach her at  [email protected] .  Subscribe today  to support our journalism.

More From Forbes

Key security considerations for the marina industry and yacht owners.

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Stefan Leipold CEO of STARKinc.biz / ProsSysCo.biz / Oceans Yachting.

I'd like to share some essential knowledge for existing or new owners of yachts and service providers in the industry to keep customers and vessels safe and secure in the marina industry, which differs a little bit from a corporate environment.

The first and most essential step is vetting your crew members for criminal records, their online footprint and their work history. When you offer services in this industry, you have to understand that a multimillion-dollar yacht is not just only a moving villa on the sea; it also has a very sophisticated expensive IT infrastructure, and its owners are oftentimes public figures who value their privacy and security, both physically and in the digital world.

Over the years, I have worked with my team from Oceans Yachting on numerous projects, and I'd like to share our expertise with other leaders in the industry.

Security Basics

Contractors who work with yacht owners have the absolute obligation to protect the asset's hardware, software, information and identity with the best technology and knowledge possible. After a successful implementation project (whether a build, refit or upgrade), the entire vessel needs to be monitored and maintained due to daily exposure to ever-changing cybersecurity threats, and its access, identity and location should be kept protected at all times.

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If you have a staff of 20 or more permanently on board year-round, they need to be educated and trained on industry do's and don'ts. For example, all private work should only be performed on their own dedicated network in their off time. That way, they can't do damage to the client's network even if they are able to download a virus.

Network Considerations

In a regular cyberattack at a corporation, there might be financial or reputational damages; however, in the marina industry, the consequences can be way more severe, including jeopardizing human life in the event of a crash. For this reason, I highly recommend that commercially used vessels and private vessels have multiple networks set up—not just in the interest of complying with cyber risk guidelines from organizations like the International Maritime Organization, but also for the fundamental security of everybody on board. Every vessel should have the following networks:

1. A network that is only for communication and navigation. (Navigation systems should under no circumstances be connected to the internet; updates should be performed offline and on board.)

2. A crew network that is very limited in bandwidth and have many functions restricted, such as watching illegally obtained movies online, using Instagram, and so on. Activities like these can compromise the location and security of the owners and crew to pirates at sea or digital attackers.

3. A network just for the owners that is designed to meet the needs of the owner.

4. A dedicated network to monitor and access the entire engine system and communications.

5. Three internet lines: a shoreline for when the vessel is at the marina, a satellite line for use on the ocean and a 5G line for when the vessel is close to the coast or shore.

Work-based email and cellular lines should be controlled internally; no crew members should use personal emails or alternative sources to communicate without explicit permission.

Remaining Vigilant And Prepared

The captain and security officer of a vessel always need to be in close contact with the IT and security team, while the main staff should have limited knowledge and access to anything security-related. I can't stress the importance of security and the elevated risk a yacht's owners often face enough. This industry is a small but wealthy one, so they may be attractive to pirates at sea, kidnappers or cyberattacks for ransom.

It's important to look at all elements all the time and minimize clients' exposure (including to personal security risks). Having a small closed circle of people on board is better. There should be an area of operations established for every situation. Make sure to evaluate the risk and the level of security needed for the asset.

Get the right people for each job, because every job is different.

In most situations, for all corporations or industries, crisis response time is more valuable than money to business owners or CEOS, as a quick response can minimize damage to data, reputation and clients.

When it comes to the hardware service providers use, everything should be redundant, including battery backups, firewalls, switches, access points, servers and so on. This is because on a vessel, you cannot just go and order or buy a switch the same day if you are on the open ocean. Similarly, all equipment should be kept licensed and monitored remotely to ensure immediate responses are possible.

I hope that this article provides a view into the differences between a corporate human and IT environment and the yachting and marina industry.

Forbes Business Council is the foremost growth and networking organization for business owners and leaders. Do I qualify?

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Trump Media plunges amid plan to issue more shares. It's lost $7 billion in value since its peak.

By Aimee Picchi

Edited By Anne Marie Lee

Updated on: April 17, 2024 / 1:57 PM EDT / CBS News

After a short-lived honeymoon, former President Donald Trump's media company is experiencing a rough reception on Wall Street. Trump Media & Technology Group — which trades under the ticker DJT, his initials — tumbled 18.4% in Monday trading, a drop that follows last week's 21% plunge. 

The sharp drop in value comes after Trump Media, whose primary asset is Truth Social, the social media platform, on Monday filed a  document with the U.S. Securities and Exchange Commission that opens the door for the future potential sale of millions of shares. The document, called an S-1, relates to warrants held by investors that can be transformed into shares of stock, as well as shares held by company insiders.

The filing also includes all the shares held by the former president. Trump, however, remains under a "lockup" deal that  largely restricts him from selling  his shares for another roughly five months. His son, Donald Trump Jr., who is a director on the board, and CEO Devin Nunes, are also bound by the lockup.

The stock plunge has erased billions from Trump's stake — at least on paper. The shares soared when they began trading on March 26, giving Trump's 57% ownership position a value of $6.25 billion. But after DJT's recent slump, that stake is worth $2.1 billion, representing a paper loss of $4.15 billion. 

Overall, shareholders have lost $7.2 billion in value since the stock touched a high of $79.38 on March 26. The shares tumbled $5.98, or 18.4%, to $26.61 on Monday.

When companies issue additional shares, they take on the risk of their stock price coming under downward pressure. That's due, in part, to simple laws of supply and demand — with more stock available, a company's share price tends to fall unless there's a commensurate increase in demand. 

So far, the former president's supporters comprise a significant part of the company's investor base, with Trump Media CEO Nunes praising their support on Fox Business earlier this month. On Truth Social, some investors said they believed the stock would recover, while others said they were taking advantage of the stock's plunge to buy more shares. 

"Bought more today just like a lot of you," one member of a Truth Social group dedicated to DJT shares wrote on Monday. "I believe time is our friend. Half a year until election. I can definitely hold until then at the minimum."

Other supporters on Truth Social noted that the Monday filing doesn't necessarily mean Trump plans to sell any of his 57% ownership stake in Trump Media. 

"Trump has NOT signaled intentions to sell his shares," wrote Chad Nedohin, a pastor and musician, on Truth Social on Monday. "There is no new unexpected issuance of new shares. The increase in total shares in the S-1 is for the warrants."

S-1 filings are typically filed quickly after a SPAC deal closes, usually within 15 or 30 days, said Kristi Marvin, founder of SPACInsider.com, which specializes in SPAC deals.

Trump Media & Technology Group didn't immediately return a request for comment. 

200,000 new retail investors

Trump, who relies on Truth Social as his primary social media platform, has about 7 million followers on the app, where he frequently blasts his critics and promotes favorable polls. He's also turned to Truth Social to rail about his criminal trial, which began Monday, over accusations of falsifying business records related to a  "hush money" payment .

About 600,000 retail investors have bought shares in Trump Media & Technology group, with about 200,000 of them buying into the stock within the last few weeks, Nunes told Fox Business earlier this month. He called these small investors "the most amazing part about our company."

Those investors have had a wild ride since the stock began trading as DJT on March 26. The shares soared on its first two days of trading, but have since shed more than two-thirds of their value. 

Such swings have prompted comparisons with so-called  "meme" stocks  like GameStop, which typically attract individual investors based on social media buzz, rather than traditional metrics favored by investors, such as revenue and profit growth. 

Last year, Trump Media lost $58 million on revenue of $4.1 million — about half the annual sales booked by a single  Chick-fil-A location .

—With reporting by the Associated Press.

• Donald Trump
• Truth Social

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Reports.

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Comcast Launches NOW – a New Brand and Product Portfolio that Redefines Low-Cost Internet, Mobile and TV

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Key Takeaways

Philadelphia, PA

Today Comcast introduced NOW, a new brand of quality, low-cost Internet, mobile and streaming TV products that consumers can purchase month-to-month, whenever they want.

NOW Internet is a prepaid service that provides more reliability than fixed wireless options for a better price. NOW Mobile is a new prepaid service that includes unlimited 5G data combined with access to more than 23 million WiFi hotspots, unlike any other provider in the prepaid category.

WiFi hotspots accessible through NOW

Backed by the powerful Xfinity network and the most reliable 5G, NOW delivers a connection customers can rely on for Internet, mobile or streaming in their homes or on the go. NOW products are designed to be incredibly simple with all-in pricing, no contracts or credit checks. Customers can sign up, pause, or cancel online, anytime.

“Consumers have told us they want low-cost, easy-to-use connectivity and entertainment options that deliver the same reliability and consistency of our leading Xfinity services,” said Dave Watson, President and CEO of Connectivity and Platforms, Comcast.

With NOW, we’ve developed a new product construct from the ground up to be simple and easy for anybody who wants Internet, mobile or TV on their own terms without sacrificing quality. It rounds out our product offering to provide something for every consumer segment of the market and plays to our strengths in superior network capabilities, WiFi and streaming.

Unveiling the Full NOW Portfolio & Pricing

NOW Internet and Mobile join NOW TV and NOW WiFi Pass to create a comprehensive portfolio of quality, low-cost products that consumers can purchase month-to-month, whenever they want.

• NOW Internet customers will be able to choose between two prepaid options: 100 Mbps for $30/month, or 200 Mbps for $45/month. Each tier includes unlimited data and an Xfinity gateway.
• NOW Mobile will provide unlimited 5G data, talk and text for $25/line and will be the only prepaid wireless option that seamlessly connects customers to more than 23 million Xfinity hotspots.
• NOW TV  is a streaming offering for Xfinity Internet customers that includes live and on-demand programming from 40+ networks, more than two dozen integrated FAST channels, and Peacock Premium, all for $20/month.
• NOW WiFi Pass gives customers unlimited access to more than 23 million Xfinity WiFi hotspots for $20 for 30 days.

A New Option for Affordable Connectivity Program (ACP) Customers

The NOW portfolio is poised to be particularly impactful for Americans looking for cost-effective connectivity. The federal government recently announced that April is the last full month of the Affordable Connectivity Program (ACP) if it does not receive additional funding. NOW Internet and Mobile will provide customers enrolled in ACP with another option for affordable, reliable connectivity – supplementing Comcast’s longstanding low-income broadband adoption options Internet Essentials and Internet Essentials Plus , and Xfinity’s current suite of offerings .

Initial customer trials for NOW Internet and Mobile have already begun in Hartford – New Haven, Houston, and Miami, with a full-scale national launch across all Comcast service areas expected in the coming weeks. NOW TV and WiFi Pass are available today, everywhere Comcast provides service.

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